|
Oct. 2, morning. |
Present:—Sir Stephen Fox, Mr. Smith, Sir Thomas Littleton. |
|
[Send word to] the Provost of the Moneyers Mr. Rotiers, Mr. Neal
and Mr. Hall to attend on Tuesday morning next. |
|
The Commissioners of Transports having by verbal direction [of my
Lords] turned tallies for about 6,000l. into money for their office [at a
discount of —] and having occasion so to do for 1,500l. more my
Lords [will] give warrant for the allowance by the Auditor [of the said
discount] when a perfect account is brought thereof. |
|
[Send word to] Mr. Wybrantz to attend on Tuesday afternoon. |
|
[Write to the Taxes] Agents to attend on Wednesday with an abstract of the returns that have been made about clipt money paid
before the 4th of May. |
|
[Send word to] the Auditors to attend on Wednesday afternoon
with [all] the accounts [which are] ready for declaration. Ibid., p. 10. |
Oct. 6, morning. |
Present:—all the five Lords. |
|
Send to the Customs Commissioners for the report of Mr. Manly
and Mr. Cook upon their return from their voyage to St. Sebastian. |
|
Lord Berkeley [attends]. He takes his account of Marine Regiments with him. |
|
[Send word] to Mr. Aaron Smith to deliver to Mr. Henry Baker all
the papers concerning the prosecution for the forfeited estate of Wyke
Parker, [delivering same to him] by inventory upon which Mr. Smith
must take Mr. Baker's receipt. |
|
[My Lords order] a warrant to be prepared to appoint W[illiam]
L[owndes] to examine the Tellers' vouchers. |
|
[My Lords direct] Mr. L[owndes] to compute how much hath been
paid out of new money to the Navy and to write a letter for [the Navy
Treasurer's] paying a proportionable sum to the Ordnance for sea
service. |
|
[My Lords direct] 24,000l. to be issued to the Navy: out of loans
on the Continued Impositions. In the margin: instead of this [my
Lords order] 10,000l. to the Ordnance for sea service and 15,000l. to
the Navy for uses to be directed by my Lords. |
|
[Write] to the Navy Commissioners to be here on Wednesday afternoon. |
|
The [Principal] Officers of the Mint and the Provost of the Moneyers
are called in. The Provost is blamed because no more money is
coined which is occasioned from his not encouraging his servants.
He [promises my Lords he] will send down one man more to each
[Country] Mint and supply everything that may be wanting. |
|
[My Lords order] 30l. to be paid to the Earl of Romney [being the
sum] which he gave to the soldiers in Southwark of Tidcomb's Regiment: to be placed to the account of subsistence. |
|
[Write] to Wilfreind Phillips that he must comply with his agreement within 10 days or else my Lords are off with him and the 250
guineas will not be refunded. Ibid., p. 11. |
Eodem die, afternoon. |
Present:—all the five Lords. |
|
The answer of the Bank to my Lord Ranelagh's report is read. |
|
His Lordship is to have a copy of it. |
|
[My Lords order] Mr. Wybrantz to have 100l. by tallies on the Excise
in consideration of money expended by him for the King's service
[as] per [his] letter [and] per [the supporting] documents. |
|
[Send word to] the Auditors to attend on Friday afternoon (not
to-morrow) with their accounts. |
|
[Send word] to Mr. Story to come with the Excise Commissioners
(when they next attend my Lords) about the Excise account. |
|
[Write] to the Customs Commissioners, Excise Commissioners and
Glass Commissioners to remind them of what my Lords recommended
to them [to wit] to consider of funds to raise money [Supply] for the
ensuing year; and to know if they have anything to offer [thereupon].
Treasury Minute Book IX., p. 12. |
Eodem die [sic], afternoon. |
Present:—Lord Godolphin, Sir Stephen Fox, Mr. Smith, Sir Thomas
Littleton. |
|
[Write] to Excise Commissioners and the Attorney General to be
here on Friday afternoon, and to Mr. Story to be here then. |
|
The Navy Commissioners and Mr. Corbet [attend]. They desire
that there may be paid [as follows] out of money in the Treasurer's
hands [to wit] 28,500l. for one quarter to the Yards due at Xmas,
1695; 30,000l. for imprests and bills of exchange and other services
under the head of Wear and Tear; and [. . . .l. for] the rest of the
Navy proportion to the head of wages. |
|
[My Lords order the preparation of] an account of the tallies struck
and to be struck on the Hereditary and Temporary Excise. |
|
[Write] to Sir Christopher Wren that my Lords take notice there is
an encroachment setting up in St. James's Park behind the Stables
near St. James's House without any leave obtained for the same that
my Lords know of. My Lords desire him to put a stop to any further
proceeding in the said building until he hath informed himself on
what pretence it is done: and my Lords desire him to make report
to them on Friday. |
|
[Send] to Mr. Renew and Mr. Ferne to be here on Friday afternoon. |
|
[Send word] to Mr. Misson at his house near St. Ann's Church to
be here on Friday afternoon. |
|
My Lords direct the Agents [for Taxes] to write again to the [Assesment] Commissioners for the 4s. Aid for accounts of the moneys paid
by the collectors to the Receivers General before May 4 last. |
|
[Send word] to Mr. Taylor and Mr. Lancelot Burton to be here on
Monday afternoon about the discount which my Lords allow for
[encashment of] tallies. |
|
[Write] to my Lord Ranelagh that my Lords will attend the King
on Friday morning at 10 o'clock and desire him to be at Kensington
then. My Lords will carry [to the King] then his [Ranelagh's] report
and the Bank's answer. Ibid., p. 13. |
Oct. 9, afternoon. |
Present:—ut supra. |
|
[Write] to Sir Christopher Wren to be here on Monday afternoon. |
|
[My Lords order the dispatch of] letters to the persons set in super
in the several accounts of Mr. Fox and Lord Coningsby, requiring them
to deliver their accounts to the Auditors or else process will be directed
against them. |
|
[Write] to the Bank to desire some of the Directors to be at Kensington on Monday at ten o'clock about their losses per remises [by
remittances of exchange to Flanders for the Troops]. |
|
The Commissioners of Excise [attend and my Lords read their]
reports &c., [and the decisions of my Lords are endorsed thereon]. |
|
[Send word to] the Attorney General to be here on Monday afternoon. |
|
[Send word] to the Commissioners of [Stamped] Parchment and
Paper to be here to-morrow morning. Ibid., p. 14. |
Oct. 10. |
Present:—Sir Stephen Fox, Chancellor of the Exchequer, Mr. Smith,
Sir Thomas Littleton. |
|
Mr. Neal and Mr. Hall [attend. My Lords order] 1,000l. for the Mints
out of the first disposeable money in the Exchequer. |
|
[Write] to the [Principal] Officers of the Ordnance to be here on
Tuesday afternoon with an account of the tallies in their Treasurer's
hands and of what saltpetre they shall want for next year and how the
remainder of the powder bought in Holland (being 1,500 barrels remaining in Mr. Clifford's hands) shall be disposed. |
|
[My Lords order] the salaries of the Commissioners of Glass to be
300l. a year [each] and my Lords agree to the rest of their establishment: and they are to make no new officers for the future upon vacancies save upon presentment to be first made to and approved by my
Lords. Ibid., p. 15. |
Oct. 12, forenoon. Kensington. |
Present:—the King: all the five Lords. |
|
Lord Ranelagh is called in and his report is read, and the Bank's
answer thereto concerning the Bank's losses by remises [by remittance
of exchange for the Troops in Flanders]. The King directs my Lords
to call before them my Lord Ranelagh and the gentlemen of the Bank
and to go over their demands head by head and so to make their
judgment upon each of them; and to give my Lord's opinion thereon
to the King. |
|
The gentlemen of the Bank come in and are told what the King
has directed. My Lord Ranelagh and they are to attend [my Lords]
to-morrow morning at 10 o'clock. Ibid., p. 18. |
Oct. 12, afternoon. Whitehall Treasury Chambers. |
Present:—all the five Lords. |
|
Mr. Lowndes is to acquaint Mr. Peters to-morrow morning that my
Lords will come this day week to the Exchequer to lock up his cash:
and send the same notice to Mr. Palmes. |
|
[My Lords order] 6,866l. 4s. 11½d. to be issued to the [Treasurer of
the] Navy for the Victuallers: and that a letter be sent to them to
employ it towards the preserving and improving their credit in the
outports. Ibid., p. 16. |
Oct. 13. |
Present:—all the five Lords. |
|
[Write] to the Agents [for Taxes] to hasten the bringing in to the
Exchequer of the money collected on the Window Act. |
|
[Write] to the executors of Sir Leonard Robinson to bring into the
Exchequer money which he received of that Tax. |
|
The gentlemen of the Bank and the Earl of Ranelagh [attend].
Their demands [the demands of the Bank] are read article by article
and the minutes [made thereupon] are entered on my Lord Ranelagh's
report. |
|
[Send word] to the [Principal] Officers of the Ordnance not to attend
this afternoon but on Friday afternoon. Ibid., p. 17. |
Eodem die, afternoon. |
Present:—Sir Stephen Fox, Chancellor of the Exchequer, Mr. Smith,
Sir Thomas Littleton. |
|
[My Lords order] 1,000l. of the tallies in Mr. Burton's hands to be
issued to the Cofferer to provide for the King's journey. Ibid. |
Oct. 13 [sic], afternoon. Treasury Chambers, Whitehall |
Present:—all the five Lords. |
|
[Send word] to the Customs Commissioners to be here on Friday
afternoon. |
|
[My Lords order] tallies to be levied on the Salt Duty for 50,000l.
for the Earl of Ranelagh: to be paid over to the Bank [of England]
for remises for subsistence in Flanders. |
|
[Send word] to Mr. Pauncefoot and the Agents [for the Irish arrears]
and Mr. Medina to be here on Friday forenoon. |
|
[Send word] to the [Principal] Commissioners of Prizes to be here on
Friday afternoon: and all papers concerning Prizes are to be ready
[against then]. |
|
The Governor and others of the East India Company [attend. My
Lords order that] they are to have a list of the Ordnance tallies out of
which their money [the money due to them is to be paid] for the
powder in Holland. |
|
Write to the said Company and the [Principal] Officers of the
Ordnance to be here on Friday afternoon. |
|
[Write] to the Navy Board that Mr. Corbet having moved my Lords
for a credit for 4,000l. to be furnished to Sir Cloudesley Shovell at
Cadiz my Lords command their secretary to signify to them that in
case Sir Cloudesley Shovell do draw bills upon the Navy Board or
the Treasurer of the Navy for such sums as he shall have occasion for
at Cadiz for her Majesty's service my Lords will cause moneys to be
issued to the Navy Treasurer to [meet] same, not exceeding 4,000l. |
|
[My Lords decide] to direct that 20,000l. of the money in the Exchequer arising by loans on the Continued Impositions be issued to
the Navy for such uses as my Lords shall appoint. |
|
Write to Mr. Dodington and Mr. Corbet to be here on Friday morning.
Treasury Minute Book IX., pp. 18–19. |
Oct. 16, forenoon. |
Present:—all the five Lords. |
|
[Write] to the Navy Commissioners to be here on Monday afternoon. |
|
Mr. Medina [attends and informs my Lords that he] will draw bills
for 8,500l. to [be remitted to] Amsterdam to take up as many of Mr.
Hill's protested bills [as will amount to that sum] and my Lords promise he shall be repaid in 6 weeks' time and in the meantime he shall
have a deposit of 12,000l. in tallies on the Continued Impositions (part
of those which were intended for the Duke of Savoy) to be his security;
and if any loss accrue by this drawing or remitting, the King is to bear
it, as [long] as Mr. Medina gives Mr. Abbot an account thereof from
time to time. |
|
[Send] to the Excise Commissioners to be here on Monday afternoon
about the Victuallers. Ibid., p. 20. |
Eodem die, afternoon. |
Present:—ut supra. |
|
The Customs Commissioners are called in. My Lords tell them there
are several of their presentments and reports to be read and ask them
which they think most necessary to be dispatched. |
|
Sir Robert Clayton says that concerning the St. Sebatian wines.
Mr. Chadwick thinks it may be nceessary that Mr. Manley and the
other persons that went thither upon the examination of that affair
should be present when that report is read. Then [next] they desire
that their report about the allowances to be made to the patent officers
for the Impost Duties may be considered: which was done and agreed
unto by my Lords: and afterwards the establishment proposed for
the port of Whitehaven was likewise read and agreed to. |
|
The Customs Commissioners acquaint my Lords that since the
restraint [imposed] upon the pacquet boats [to prohibit them] from
carrying the woollen manufacture [of this kingdom] to Coruña &c.,
in Spain two or three Dutch families are gone thither and are about to
set up that trade there which may prove of ill consequence to us,
though they believe it is not with the cognizance of the States General
but only [for] a private advantage proposed by the said persons.
However they think it necessary that all care should be taken to
prevent the mischief that may happen thereby. |
|
My Lords think it not proper to make this a matter of state, but
that it be done as privately as may be and therefore my Lords will
speak to the Postmaster General to take off the said restraint from the
pacquet boats which they hope will be sufficient. |
|
My Lords say the East India Company are attending about having
[a bond under] their common seal taken for security of their Customs
and Imposts and that they might not be obliged personally in bond for
the same. |
|
Mr. Chadwick thinks that [is] not so good security as to have them
personally bound and that they [the Company] never till now have
desired this to be done and that [a bond under] their said seal is 20
per cent. worse than ready money at this time. However, he thinks
it will be hard for them [the Customs Commissioners] to urge this to
my Lords before [face to face with] the said Company in regard of the
great difficulties and calamities they have lain under. |
|
Then the [gentlemen of the] East India Company are called in.
They desire that [a bond under] their common seal may be taken as
security for their Duties, it being the same that they give to any
lenders of money to the Company and that it is a great hardship that
they should be bound personally: that the words of the Act for the
Impost on their goods (which is the greatest part of their Duties)
require only security to be given, which they hope my Lords will think
[a bond] under their common seal to be. |
|
My Lords say that having not hitherto in four or five years desired this
and the Duties being now wholly appropriated, they think it too great
a matter for them to determine anything that may seem a lessening
of the security; but that they will consult the Attorney General about
the words in the Act relating to the security for their impost and then
lay their case before the King. |
|
The Company say they hope my Lords will give them leave to dispose of some of their saltpetre to enable them to raise money to pay
their Duties. |
|
My Lords say they will speak to the officers of the Ordnance to
know what [amount of saltpetre] they have occasion for. |
|
The [gentlemen of the] East India Company withdraw. |
|
The [Principal] Officers of the Ordnance come in and represent the
great want of money their Office is in, particularly for the [supply of
the Artillery] train in Flanders and the great rates they are forced
to pay for discount of tallies, &c. |
|
My Lords tell them what is desired by the East India Company.
They say [in reply that] they have not [any great] present necessity
for saltpetre because there was no action last summer but they think
it being a commodity that is uncertain to come at that it will be a
necessity to have a store thereof and propose that three hundred tons
of the five [hundred] be reserved by the said Company which they hope
will be sufficient. |
|
My Lords thereupon agree that 300 tons of saltpetre shall be reserved
by the said Company to be at the King's refusal at their charter-price. |
|
The [Principal] Commissioners of Prizes are called in. My Lords
tell them that the Cashier to the Navy Treasurer has acquainted them
that they [the said Commissioners] proffer him Bank Bills for the
shares of prizes appropriated by Act of Parliament for Sick and
Wounded seamen: that this being for the Chest at Chatham must be
paid in ready money and that Bank Bills are not payment according
to the Act of Parliament. |
|
They [the Prize Commissioners] say they are forced to sell [the prizes]
for Bank Bills and that the Captains and all others [interested for their
shares as captors &c.] have been satisfied therewith. |
|
My Lords nevertheless direct them to turn this into money and to
place [charge] the discount to their account of incidents, and it shall
be allowed them. |
|
They say it shall be done but desire that Mr. Doddington may not
let it be known lest it should bring a clamour upon them from all those
who have already accepted their payments in Bank Bills. |
|
My Lords [promise that they] will speak to Mr. Doddington [accordingly]. |
|
Mr. Middleton is called in. He desires that the Chancellor of the
Exchequer will sit in the Exchequer Court when the business relating
to the frauds about the Duties on corn comes on: which he promises
to do. Treasury Minute Book IX., pp. 20–22. |
Oct. 19, morning. Kensington. |
Present:—Lord Godolphin, Chancellor of the Exchequer, Mr. Smith,
Sir Thomas Littleton. |
|
[My Lords order that] 1,000l. over and above the 1,000l. already
directed is to be issued to Mr. Neal for the Mint and [that it be next]
after 500l. to Sir William Trumbull for secret service: to be issued out
of any disposeable money coming into the Exchequer. |
|
When a place of about 50l. or 60l. a year becomes void my Lords
will bestow it on Mr. Ball of Windsor. |
|
In case Mr. Daniell, searcher of Hull, be dead my Lords will give his
place to Mr. John Misson. |
|
His Majesty comes in. |
|
The report [of the Earl of Ranelagh] and [the Bank's] answer thereto
concerning the Bank's losses by remittances [of exchange for the subsistence of the Forces in Flanders] is read. The King thinks they could
have no loss by the four millions of guilders which was borrowed in
Holland upon his credit and that the Bank ought to have no allowance for it. Ibid., p. 22. |
Oct. 20, afternoon. Treasury Chambers, Whitehall. |
Present:—Lord Godolphin, Sir Thomas Littleton. |
|
[Send word] to Mr. Sheppard to be here to-morrow morning at 11
or 12 o'clock. |
|
[Send] to the Navy Commissioners to be here on Friday afternoon
about Sir Joseph Herne. |
|
[Send] to the Excise Commissioners to be here on Thursday afternoon
about the brewers at Portsmouth. |
|
[Send] to Mr. Duncomb to be here to-morrow morning at 9 o'clock. |
|
[Send word] to Sir Samuell Dashwood that my Lords desire to speak
with him. |
|
Send to Sir Joseph Herne and Sir Francis Child to be here tomorrow morning at 9 o'clock: and to Mr. Knight to be here then. |
|
[My Lords appoint] Robert Knight of London, grocer, and James
Collett of London, merchant, to receive the rest of the fourth 4s. Aid
in London and to give the same security as Sir Leonard Robinson did.
Ibid., p. 23. |
Oct. 21, forenoon. |
Present:—Sir Stephen Fox, Chancellor of the Exchequer, Mr. Smith,
Sir Thomas Littleton. |
|
[My Lords order the] 2,000l. which will be this day paid into the
Exchequer on the Four and a Half per cent. Duty to be forthwith
issued to the Earl of Ranelagh for the Forces, and be reserved for such
uses as my Lords shall appoint. |
|
The proportions upon the Salt Act are to be cast up. |
|
[My Lords order] Sir Joseph Herne to deliver 20,000l. of the tallies
in his hands to the Earl of Ranelagh who is to be surcharged therewith
per warrant. Ibid., p. 24. |
Eodem die, afternoon. Kensington. |
Present:—all the five Lords. |
|
His Majesty comes in. |
|
[The King directs that] my Lords are to speak with the Victuallers
to know how much will be necessary for carrying on the Victualling
at this time. Write to them to attend the Treasury on Friday afternoon. |
|
Upon a proposal now debated [the King orders the following points]
to be explained. |
|
(1) What proportions must be observed between advancing in
tallies, [or] in Bank Bills, [or] in money. |
|
(2) How the Corporation is to be constituted and with what
powers. |
|
(3) Whether the subscriptions of those that have tallies are to be
voluntary or compulsory. If voluntary what encouragements
are to be proposed to induce people to be willing to subscribe
and what provision will be left for those tallies that shall not
be subscribed. |
|
(4) What obligations shall be on the Corporation to furnish the
money for the public service. |
|
(5) What is meant by the Bank of England's bill (mentioned in
the proposal) being satisfied out of the Bank's effects with
interest: [to wit] whether the Bank's fund must be entirely
applied thereunto and what will remain [in that case] to
satisfy other bills. |
|
(6) To enumerate the particulars which are to produce the sum
of "upwards of 4,000,000l. which are mentioned in the
proposal to be raised in specie. |
|
(7) That the whole scheme be explained and made as perfect as
may be. Ibid., p. 25. |
Oct. 23, morning. Treasury Chambers, Whitehall. |
Present:—Sir Stephen Fox, Chancellor of the Exchequer, Mr. Smith,
Sir Thomas Littleton. |
|
The Navy Commissioners and Sir Joseph Herne [attend]. Sir Joseph
having accepted from the said Commissioners tallies on the Continued
Impositions in satisfaction for bills of exchange from Cadiz and other
parts my Lords [upon deliberation inform him that they] will allow him
10 per cent. for the sum which was due upon his bills in con[sideration]
of his taking tallies and [as equivalent to] the interest incurred upon
the tallies. |
|
[My Lords order] 1,000l. to be imprested to Mr. Culliford and Sir
Antho. Evernden upon account for sail cloth by them furnished to the
Navy: [to be issued] out of the money in the hands of the Treasurer
of the Navy. |
|
[likewise] 20,000l. [to be issued to the Navy Treasurer] out of
same: to be applied to wages. |
|
[likewise] 5,000l. out of same: to be issued to [same to be paid
over to] the Victuallers to supply fresh provisions to Sir Cloudsley
Shovell's squadron and other necessary services of the Victualling. |
|
Mr. Shaw and Mr. Villiers are heard by their counsel upon the
petition of Mr. Shaw that the grant to Mr. Hall and Mr. Villiers may
pass. The counsel for Mr. Villiers insists that the office of one of the
searchers at Gravesend is granted to Mr. Villiers and Mr. Shaw and
the surveyor during pleasure; that Mr. Shaw's life is not so good an
one as that of Mr. Hall and there may be a reversion granted which
would take place on any revocation of the pleasure. |
|
Counsel for Mr. Shaw says the grant is but during pleasure: the
survivorships can signify nothing in this case: the like was done when
Mr. Villiers was joined with Mr. Shaw in the office and Mr. Shaw made
no such objection against Mr. Villiers: and the like has been done in
other cases: and the King has already signified his pleasure by his
warrant. |
|
[My Lords upon debate decide that] this matter is to be represented
to the King. |
|
Mr. Middleton and several merchants are heard about the Duties
on corn. Mr. Dod, for the merchants, says that upon oath made of
the price of corn and upon a certificate of the justices they [the merchants] imported corn to relieve the necessities of the nation when it
was above 10s. a bushel; and 'twas done on the application of the City
of London: that Mr. Midleton comes two years after and says corn was
under 10s. by about a groat or 6d. and prosecutes for a high Duty. |
|
Mr. Midleton says the corn was in the river when the certificate
was obtained and men were employed to give more than the market
price. |
|
[My Lords order] 20,000l. to be issued to the Treasurer of the Navy
out of loans on the Continued Impositions. Treasury Minute Book IX.,
pp. 26–7. |
Oct. 26, forenoon. |
Present:—all the five Lords. |
|
[Send word to] the Excise Commissioners to be here with the Victuallers to-morrow afternoon. [Send] to Mr. Duncomb and Mr.
Sheppard to be here then. |
|
[Send word] to the gentlemen of the Bank that my Lords desire
to speak with them and to have their opinions in what they think
proper at this time for the raising of credit and that this may be as
soon as they can be prepared: and [desire them to] send my Lords
word at what time they will come hither. Ibid., p. 27. |
Oct. 27, forenoon. |
Present:—Sir Stephen Fox, Mr. Smith, Sir Thomas Littleton. |
|
[Send word] to the gentlemen of the Bank that my Lords desire
them [to attend here] without fail this afternoon or to-morrow morning
by 10 o'clock "upon the subject of my [the Treasury secretary's]
letter to them of yesterday's date." Ibid. |
Eodem die, afternoon. |
Present:—all the five Lords. |
|
The Excise Commissioners [attend and] say that a letter was sent
on Friday last to Portsmouth to withdraw the informations against
the brewers there. |
|
The Victuallers come in and say that the brewers are not satisfied
with that. |
|
Mr. Pauncefoot is called in. It is agreed that [Exchequer] Bills be
deposited in Mr. Foxe's hands for the whole 26,758l. 10s. 45/8d. due to
the Irish Regiments for their arrears. Ibid., p. 28. |
Oct. 28, forenoon. |
Present:—Sir Stephen Fox, Chancellor of the Exchequer, Mr. Smith. |
|
[Send] to Mr. Knipe to be here on Friday afternoon. |
|
[My Lords order] 25,179l. 19s. 5d. to be issued to the Treasurer of
the Navy for such uses of the Navy as my Lords shall direct: to be
issued out of loans on the Continued Impositions. |
|
Sir William Scawen and other gentlemen of the Bank come in.
Sir William says [that in the opinion of the Directors of the Bank of
England the following are essential steps in order] to raise credit
(1) increasing the species [specie]; (2) hastening the coinage; (3) the
Parliament's going on vigorously towards making good the Deficiencies;
(4) lessening the discount of tallies. |
|
But they can propose no particular means for this. They'll come
again on Friday. Ibid., p. 29. |
Eodem die, afternoon. Kensington. |
Present:—the King: Lord Godolphin, Sir Stephen Fox, Chancellor
of the Exchequer, Mr. Smith. |
|
[The King orders] the Provost of the Moneyers to be here [Kensington] with my Lords [of the Treasury] at their next meeting to wait
on the King. |
|
[The King directs my Lords to] discount tallies to give Mr. La Rue
200l., viz., 100l. for subsistence and 100l. for his goods. Ibid., p. 30. |
Oct. 30, forenoon. Treasury Chambers, Whitehall. |
Present:—all the five Lords. |
|
Sir William Scawen and other gentlemen of the Bank come in and
propose [measures as follows] in order to raise credit: viz.: (1) that
there be no other Bank than the Bank of England; (2) that the said
Bank be continued for some years beyond the present time [which is]
about 9 years to come "but redeemable by Parliament"; (3) "that
some way be found out to supply the Bank speedily with a considerable
sum of present money, &c." Ibid., p. 31. |
Eodem die, afternoon. |
Present:—ut supra. |
|
[Write] to the Earl of Ranelagh or Mr. Abbot that there being a
pressing occasion for 6,000l. in ready money my Lords desire him to
raise the said sum, by discount, upon the tallies in his [Ranelagh's]
hands which he received from Sir Joseph Herne; and that he do this
immediately if it be possible, and give my Lords an account of it. |
|
[Send word] to Mr. Hosyer to come to me [Lowndes] to-morrow
morning. |
|
[My Lords order that] when there is any disposeable money [on any
of the funds in the Exchequer] the Agents for Taxes are to have their
salaries. |
|
The [Army] clothiers will be here on Monday afternoon. |
|
[My Lords order] 10,000l. for the course of the Navy: [to be so
applied] out of the money in the [Navy] Treasurer's hands. |
|
[My Lords order] Mr. Midleton to have 25l. from the Customs Commissioners. |
|
[My Lords order] Mr. John Lloyd and Mr. Cornish to be Receivers of
the Duty on houses and the Duties on births, marriages and burials
and of the next Land Tax for London, Middlesex and Westminster.
Ibid., p. 32. |