Draft of MINT00416 (Mint 19/3/74)

<154r>

In obedience to yor Lordps Order of Reference of the 27th of November last, upon the annexed Memorial of the three Commrs appointed by her Matys late Privy Council of Scotland to receive all the Scotts & forreign coin & see it melted into Ingots & deliver the Ingots by weight & assay to the Master of the Mint to be coined at Edinburgh upon his Note to be coined, & to certify the deficiency; in wch Memorial they humbly desire that yor Lordp will be pleased to appoint them a suitable reward for their own attendance & trouble & for paying their Clerk & other servants & defraying the daily charge they are put to, & grownd their Petition upon their Commission wch bears that they shall be sufficiently rewarded: We have considered the said Memorial, & because the buisiness of these Commissioners requires diligent attendance in their own persons & constant circumspection at the meltings, & their trust in receiving the old money by tale & weight & certifying the deficiency is also considerable, We are humbly of opinion that they may deserve for themselves & for paying their Clerk & other servants, {illeg}a reward after the rate of two pence per pound weight Troy of all the Ingots of silver delivered from the melting pott to the Master of the Mint to be coined.

And because these Commrs in conjunction with the Bank of Scotland, act as common Importers for all the people & in their service, & do the buisiness wch private Importers must have otherwise done for themselves or procured to be done at their own charge before their silver could have been delivered into the Mint to be coined, & are entrusted between the Comm{illeg}rs of the Equivalent & th{illeg}e people to keep an acct of the importations & their deficiency: the charge of imploying these Commrs is in our humble opinion to be put upon the account of ye Importers & allowed out of Equivalent as part of the losses wch private persons sustein by the recoinage of their money, this recoinag{illeg}e being required by the Act of Vnion & being impracticable without this allowance, & the Bank & <154v> Melter being paid out of the same fund.

< insertion from the left margin of f 154r >

The same To be paid out of such a fund as the iudges of her Majts Exchequer in North Britain shall think proper, upon a certificate of the weight of the Ingots signed by the Master & Wardens of the Mint.

< text from f 154v resumes >