<480r>

In Obedience to your Lordship's order of reference of the 9th. instant upon the annexed representation of the Gentlemen Owners of Tin Lands in Cornwall to the Lord Warden of the Stannarys, wherein they desire that a convocation or Parliament of Tinners may be held before the determination of the present contract, that proper measures may be taken to sett another on foot at such price as that her Majesty may be no Looser thereby and by which such farther quantity of Tin beyond the present Stipulation be taken as may prevent the inconveniencys they now Labour under upon that account.

We humbly represent to your Lordship that we have considered the same, and upon the best computation we can make, We are humbly of opinion that, if Interest of the money advanced upon the Tin be recconed at 5 per cent, her Majesty may afford to give £3. 10. –. per hundred Stannary Weight the Tinners paying the Coynage duty, and post groats or an equivalent, provided her majesty takes no more Tin then the consumption may annually carry off: tto. < insertion from lower down f 480r > tto. and upon that reckoning there remained upwards of £2000 yearly to her majesty's < text from higher up f 480r resumes > advantage and the better to make a Iudgment of the {illeg} e farther humbly certifie to your Lordship that by the accounts of the sale of Tin it doth appear that in the four last years there has been sold at a medium about 1560 Tuns Stannary Weight per annum, which is less then the quantity received annually from both Cornwall and Devonshire by about 80 Tuns per annum, and it may be recconed that near the same Quantity will be yearly sold during the present Warr, but we may reasonnably h{illeg} that in time of peace a quantity will go off, and that it may amount to Two hundred Tuns per annum, or more.

<480v>
1600. Tuns at £3. 10 £112000.
Freight to London 2142.16.9
Sallaryes in London 1350.
Incidents and porters In London. 200.
Passing account 94.
Sallaries In Cornwall & 30li to Truro 1540.
Incidents In Cornwall 700.
Interest of £180000. as 6li 10800.
125826.16.3
Insurance & accidents 1458.18.
£ 130285.14.3
Produce of the said Tunn sold at
3li 16s per cwt averdepois
}

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