Draft of MINT00706 (Mint 19/3/487) with variant figures but to the same general effect

<490r>

To the Rt Honble the Lord High Treasurer of great Britain.

May it please yor Lordp

In obedience to yor Lordps Order of Reference of the 9th instant upon the annexed representation of the Gentleman owners of Tin lands in Cornwall to the Lord Warden of the Stannaries {illeg}relating to a new contract for Tinn: we humbly represent that by the course of the sale of Tin this & the four last years there has been sold in Cornwall & London at a medium about 1560 tunns per an stannary weight, wch being deducted from 1600 Tunns received annually from Cornwall, & aboutallowing 420 tunns more f{illeg}or Devonshire, there hath remained about 820 Tunns yearly unsold, so that 1520 tunns of Cornish Tinn & 40 Tunns of Devonshire Tin has been sold yearly, more or less; and if the same course of the sale continues, there will remain at the end of the present contract so much tinn unsold as at ye rate of 3li 16s per C averdepois will {illeg} produce about 180000li. And so long as the same course of sale continues, if six per cent (the interest of the moneys now advanced to the owners of Tinn-lands) be allowed upon the said dead stock of 180000 & the coinage duty & post groats be paid, & {illeg}1400li allowed annually to her Matybeen accounted sufficient as sufficient to answer accidents & unforeseen charges, her Maty may upon an equal con without losin{illeg}without losing by the contract give 3. 9. 6 per C stan. weight for 1520 tunns of tinn the quantit{illeg}y annually consumed, as will appear by the following account.

1520 tunns of tinn at 3li. 9s. 6d pr stan. wt	105640
Freight to London	2035.	14.	3
Salaries in London	1350
Incidents & Porters in London	200
Passing accounts	90
Salaries in Cornwall & 30 to Truro	1540
Incidents in Cornwal	6700
Interest of 18000 at 6 pr cent	10800
Total	1223{illeg}59.	14.	3
Insurance & other accidensts & unforeseen charges	145{illeg}11.	14.	0
Produced annually by sale of tin at 3li 16s pr C st. wt	123771.	8.	7

If it be supposed that the{illeg} consumption may carry annually 1600 or 17800 tunns stannary: it will appear by the like recconing upon sup {illeg}that supposition, that her Maty may give 3li 10s in the first case & 3li. 11s in ye second, & so in proportion forto a greater or less consumptio But every 100 tunns purchased above what the consumption will carry off makes a dead stock annually increasing, the interest of wch at 6 pr cent will in the end of se{illeg}ven years amount to about ten thousand pounds.