Draft of MINT00706 (Mint 19/3/487) with variant figures but to the same general effect
All incidents | 940li | per annum. | |
Insurance | 2000 | per annum. | |
Interest of about 1800000liat | 6 per cent | 10800 | |
5 per cent | 9000 |
Paid annually for 1600 tunn of Tin at 3li 10s per cwt stannary weight | 112000 |
Freight to London about | 2000 |
Salaries including 30l per annum to Truro | 2890 |
All incidents in Cornwall & London | 940 |
Insurance | 2000 |
Interest of about 180000li at 5 per cent | 9000 |
128830 | |
1670. |
Paid annually for 1600 Tuns of Tin at 3li 10s | |
Freight to London | |
Insurance | 1500 |
Salaries including 30li to Truro | 2890 |
All incidents in Cornwall & London | 1000 |
Total | 119533 |
Interest of 119533li advanced for a year & an half at 5 per cent | 8965 |
Total | 128498 |
130286 | |
Sold annually 16000 Tunns Stannary weight at 81 per Tunn | 130285 |
Gained by her Majesty | 1788 |
Received annually from Cornwall 1600 Devonshire 42 Tuns | 1644 |
which in the 6 years amounts to 9854 Will remain unsold at Christmas next 2250 averdupois = 2100 stannary weight. Sold since the beginning of the 2d year 779c2t E. in 5 years which is 1550 t per annum. Remaining unsold per annum 92 Tunns. |
In obedience to your Lordships Order of Reference of Nov. 9th instant upon the annexed petition of several Gentlemen in Cornwall about renewing the contract for Tin we have considered the same & are humbly of opinion that if the contract be not made for a greater quantity of Tin then the consumption shall annually carry off: her Majesty may without loss give 3li 10s per cwt stannary weight, the Tinners paying the coynage Duty & Post Groats or an equivalent: & the interest of money advanced upon the Tin being reckoned at no more then 5 per cent.
And we are humbly of opinion that the consumption of Tin in the next contract will in times of war be much the same that it has been in this & the three last years which at a medium has amounted to about 1500 Tunns of Tinn per annum stannary weight. But what it will be in times of peace we are not {illeg}bled to judge by any experience. Yet considering that Tin is conveyed through other countries into France & Spain the only countries with which we have not a free trade at present & that the consumption of Tin in those two countries (by the Custome house books) amounted only to about Tunns per annum befor the war began, we are not yet satisfied that in times of peace the consumption will exceed 1600 Tunns per annum.
Source
MINT 19/3/488, National Archives, Kew, Richmond, Surrey, UKNov. 1709, c. 680 words.