Draft memoranda on legislation under Queen Anne relating to duty on foreign trade Isaac Newton c. 585 words The Newton Project Oxford 2017 Newton Project, University of Oxford

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 After 3 April 1704, when the 'Act for granting to her Majesty an additional Subsidy of Tonnage and Poundage for three Years, and for laying a further Duty upon French Wines, condemned as lawful Prize, and for ascertaining the Values of unrated Goods imported from the East-Indies' was passed., c. 585 words.

Followed by notes (taken from a French book on historical coins, but in English) about a mosaic design in the palace of Pope Leo III.

 Copy of a mathematical demonstration of formula for calculating customs duty (Mint 19/3/444) [MINT 19/3/442] MINT 19/3/445, National Archives, Kew, Richmond, Surrey, UK UKSurreyKew, RichmondNational Archives MINT 19/3/445 After 3 April 1704, when the 'Act for granting to her Majesty an additional Subsidy of Tonnage and Poundage for three Years, and for laying a further Duty upon French Wines, condemned as lawful Prize, and for ascertaining the Values of unrated Goods imported from the East-Indies' was passed. England English Latin Holograph 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
445

The Act of Parliament Anno 2 & 3 Annæ Reginæ, entituled An Act for granting to her Majesty an additional Duty of Tunnage & pPoundage &c ordeins that the value of East India Goods (except Coffee) according to wchwhich the Duties are to be paid (except Coffee) that is the cleare value to be taxed shall be recconed according to the gross Price at wchwhich such goods shall be sold, making the following allowances or abatements out of yethe same, vizt out of yethe values of the said Goods ascertained &by the Price at the Candle there shall be a deduction & allowance made of so much ats the Net Dudties payable to her MatyMajesty for the same goods do amount unto, & so much as the respective Companies or Traders shall bona fide allow for prompt payment to the persons who at such sales shall byuy the said Goods at Time & also six per cent upon the gross price by the candle for the charges of the sdsaid Companies & Traders in keeping the said goods till the time of sale. And the remainder is the clear value &of the Goods according which the said Duties are to be paid, that is, upon wchwhich they are to be laid & rated , tashat is, the clear value to be taxed. The Merchant is not to be taxed for these Quæ three deductions because they are not his money but his debts charges & abatements out of wchwhich he pays or makes to the Queen & others out ofto others taken out of the Gross price. And the remainder is the clear value to him upon wchwhich the the Duty is to be laid pays for wchwhich he is to be charge pay yethe said Duty of the Queen.

Quære 1. If the Duty Net Duties payable

This In a a small Treatise printed at Paris 15689 & entituled Aand historical dissertation upon some coins of Charles the great Ludovicus Pius, Lotharius & their successors stamped at Rome there is a cutdraught of a Mosaic piece of Mosaic work wchwhich Leo the III caused to be made in his Palace neare the Church of IJohn Lateran in memory of his sending the standard of the city of Rome to Charles Ithe great, & wchwhich remained there till the publishing of the said tTreatise & may still be there. It In this piece ofmosaic work there appears Peter wthwith three keys lying in his lap & with his right hand riching the Pallium to the Pope, & wthwith his right hand & the Banner of the city to yethe Emperor Charles yethe great wthwith his left. By the Pope is this inscription & by the Emperor this SCSSIMVS D. M. Leo LEO PP; by the King this D. N. CARVLO REGI: & under the feet of Peter this, BEATE PETRE dona vitam Leoni PP, ET BICTORIAM CAROLO REGI DONA. By the inscriptions it appears that this piece of Mosaic work was made before Charles was Emperor supp & by consequence upon th suppose in the year 796 or 797. when the Banner was fr & by The three keys in the lap of Peter signify the keys of his Patrimony the threthree parts of his patrimony, viz Rome wthwith its Dutchy, Ravenna wthwith the Exarchate & the territorieys taken from yethe Lombards. These were the three dominions whose keys were in yethe lap of Peter & whose crowns are still worn by the Pope.