Notes for <ref target="/catalogue/record/MINT00336">MINT00336</ref> (Mint 19/2/124-5) Isaac Newton c. 502 words The Newton Project Oxford 2017 Newton Project, University of Oxford

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 October 1718, c. 502 words.

Printed portion calendared in NC, 7: 483 (no. X.1287).

Written on the back of a page from a printed account, dated May 1718 and signed manually by Henry Newman, of the charitable disbursements of the Commissioners for Relieving Poor Proselytes, for the information of contributors to this organisation.

 MINT 19/2/106, National Archives, Kew, Richmond, Surrey, UK UKSurreyKew, RichmondNational Archives MINT 19/2/106 October 1718 England English Holograph Printed Unknown Hand MintEconomic Theory and Legislation Catalogue information compiled by Rob Iliffe, Peter Spargo & John Young Catalogue exported to teiHeader by Michael Hawkins Transcribed by Will Scott
106

And it has not raised it since to more the 4. 0. 6 prper Guinea & then it raised silver in proportion, & at dthat rate Gold continued only five or six weeks then it fell down. the the gold mint or price & has ever since continued below it.

And therefore the taking 6 from the Guinea has had little or no effect price of gold for exportation has been raised by other causes then the taking six pence from the Guinea. And as for the price of silver the for exportation, it hath been much the same this year as in former years with respect to yethe coarse of Exchange, & the going out of East India ships.

— & some Gold has been sent to the Mints in France.

— to the Mint again, there having come to the Mint above 75 thousand pounds in gold to the Mint sincesince the Exchange was at 34. 11. And tat hence I is within a fortnight. And hence I.

but it never raised it to more then 4sl. 0. 6d prper ozounce & nor kept it long at that price. For in March last forreign Gold fell down below the old Mint price & hath ever since continued below it., And being at 3. 19. 5 & for the most part at 3li. 19s & under. And therefore the taking six pence from yethe Guinea hath not raidsed the pridce of forreign Gold for exportation, & the old Mint price of Gold was too high, & it having been almost all this year above yethe price of forreign gold for exportation to forreign markets.

in 5. Forreigners who are paid here in Guineas will lose above 3d per Guinea by exportion them moneys besides the danger, they run they run by breaking the Law.

And if any guineas have been exported, a much greater number have been coined.

Obs. 6. There haveth been above 110000li coined since Choined imported in Gold to be coined since Christmas. And the 6d per Guinea saved in all this coinage will recompence abundantly the loss of 6d per Guinea in all the Guineas imexported in the same time by forreigners. since Christmas. And the And therefore there is nothing in the objection that in making payments in Guineas to forreigner we shall lose 6d per Guinea. For we get the six pence again in receiving all the Guineas wchwhich they do not export.

— depends upon its price in forreign markets, &

SIR

BY Order of the Commissioners for Relieving Poor Proselytes, the Account of their Proceedings last Year is herewith sent to you, that you may be satisfy'd how your Bounty is apply'd: And if any more Copies may be acceptable to you, or your Friends, for Exciting that Charity which has been already encouraged by your Example; you may command them whenever you please of Mr. Chamberlayne, in Petty-France, Westminster; or of,

SIR,

You most Humble Servant

Middle-Temple May 1718.

Henry Newman