192250
800000 pieces of 8 at 5 per cent comes to 40000 Piastres per annannum. To be repaid
in the same species.
Eight or nine hundred thousand Mexico Dollars to be delivered at Port Mahon
by tale & weight at Port & an acctaccount to be taken by person deputed on
both sides. The weight to be taken only of the whole. Interest to
be allowed at the rate of five Dollars prper cent,
per anannum to be paid half yearly. And the principall money to be
repaid in Dollars of the same number species & weight at Genoa at yethe end of two years. The interest & principal to be paid in Mexico
of th Dollars, of in so much other money or bullion wchwhich at Genoa shall be
of the same {value to yethe Merchant wthwith so many Mexico Dollars.intrinsic value wthwith an allow or standard weight, recconing Mexico Dollars 1dwt wors
Quære what allowance
8 or 9 hundred thousand Mexico Dollars to be borrowed for two years at 5 prper cent
per anannum. to be paid half yearly in like Dollars The interest & principal
to be paid back in like dollars or other silver in bullion other silver of the same value., & the
interest to be paid half yearly.
Spanish pieces of These Dollars are valued in England & Holland as Bullion & pass among the merchants by weight, & are 1dwt worse then standard. If they can be weighed by Troy weights (as they may be here if they should come for England) they may be received by such weight as bullion 1dwt worse then standar our standard.
But if they cannot conveniently be weight they may be told & received by as bullion by recconing every thousand Dollers to weight 872 ounces Troy, provided they be not cu have not been culled since they came from the west-Indies. For they are found by Merchants to be of this weight within an ounce or two over or under when they first come to Europe.
NB. At this rate a piece of is worth weighs 17dwt∟44 or 17dwt 10gr
Mexico pieces of eight fresh out of the Mint weig are recconed by Refiners to weigh 17dwt one wthwith another at a medium. And I have seen a parcel an Refiners Refiners account of sixseven or eight parcels told of 1200 in a parcel told, out & weighed to the melting pot & a Refiner, each wchwhich came to 87lwt 06oz each of wchwhich parcelseach of wchwhich conteined 1200 Dollars & weight 87lwt 6oz without erring above an ounce over or underin the whole weightsome of them exacted others without. At this rate a thousand Dollars will weigh 875 ounces Troy. And if the Dollars at Port Mahoa are all of them perfectly unworn they may be received by this weight. But if they are a mixture of Dollars worn & unworn they may (for Merchants receive them in the west Indiesin America not of the Mint master but of the people for their merchantsin America wthwith whom they trade) they may be received receivedtaken received here at the weight of 872 ounces per thousandDollars.: three ounces in the weight of every thousand Dollars being abated for the wearing. For Merchants find this to be their weight as they come from the West Indies. Those that are unworn & fresh out of the Mint may be known by their glossy colour & the sharpness of their lines & edges.
Pillar pieces are finer then the Mexico but `by about 6oz in the pound weight scarce so weighty. Refiners reccon them of about the same value Seven pieces arewith the Mexico by weight & fines together The They are but few in number Sevil pieces are all worn there having been none of them coined since the year 1686. Peru pieces are still worse.