Proposal to raise the price of tin to £6 a hundredweight, with calculations of the profit this would generate. The Dutch cannot have much tin in the East Indies or they would be exporting it in quantity already
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| Iff wee can by Advancing the Price of Tinn to six pounds the undred & sellinge but 1200 Tun as that price raises | } | 144000li |
| 1600 Tun & all Charges accounting thatt 16li Tun Comes to | 121600 | |
| All Tinn & Charge paid there will be Gayned | 22400 | |
| More Gayned 400 Tun of Tinne which att the said Price is | 48000 | |
| I accountt the 8li: on every hundred att 76li per Tun to the charges but I compute 76s: per hundred which it is advanced & the 8 pounds on 5600 Tun amounting to 115 Tun 3ll: 2q: 12{illeg} | } | 05026: 13s: 4 |
| £ 75426: 13: 4 | ||
| If there be a Quantity of Tin in the Indies Iff it be in Few hands the Dutch factors would hand it – if in Many this would Aply to the factors & they would not thus Pedle to send 12 Tun in a whole Fleet when they send such Prodigious Quantityes of other thinges that it is to Admiration itts a Greater proofe that there is noe more to be hand than if so men had sworn it – Iff it be urged that it is deare – then itts answeared that they have Occasion for it & if the Dutch Snatch it into their hands Once they will advance the price as will have it no more | ||
A Computation of the Profitt on Tin if advanced & a Defence of the Dainger of East India Tin
Source
MINT 19/3/532, National Archives, Kew, Richmond, Surrey, UKBefore August 1705?, c. 247 words.