Minute Book: May 1712

Calendar of Treasury Books, Volume 26, 1712. Originally published by Her Majesty's Stationery Office, London, 1954.

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'Minute Book: May 1712', in Calendar of Treasury Books, Volume 26, 1712, (London, 1954) pp. 31-41. British History Online https://www.british-history.ac.uk/cal-treasury-books/vol26/pp31-41 [accessed 25 April 2024]

May 1712

May 1. Present: ut supra.
Several papers are read and minutes [are] taken thereon [and are endorsed on the same].
[My Lord orders] a s[ign] m[anual] to be prepared for authorising Mr. Compton to pay 1,800l. to Mr. Sloper in satisfaction of so much expended by him for her Majesty's service.
Mr. Brydges acquainting my Lord that the Bank have agreed to lend the 12,000l. which he was directed to attend them about (struck through). Ibid., p. 182.
May 2. Present: ut supra.
The Commissioners for Arrears of Taxes [are] called in. Their report on Mr. Dixon's petition is read and agreed to; and the Attorney General [is desired by my Lord Treasurer] to acquaint the House [of Commons] that her Majesty has no objection to such Act as is prayed by the petitioners.
The Victualling Commissioners [are] called in. Their papers relating to the furnishing the Garrisons of Gibraltar and Port Mahon with provisions for their subsistence are read and minutes [are] taken thereon [and are endorsed thereon].
Mr. Merryll [is] called in and a memorial [from Mr. Howe for money for the Invalids and Guards and Garrisons] is read. My Lord Treasurer will direct him to borrow so much upon a deposit of tallies with the Bank as will pay four months' [subsistence] to the Invalids and subsistence to the Garrisons to Xmas last and a month's subsistence to the Guards from March 23 last. My Lord orders him to bring hither a memorial for the whole by Tuesday next.
Mr. Brydges acquaints my Lord that the Bank have agreed to lend the 12,000l. (which was proposed April 29 last to be borrowed of them) upon a deposit of 13,200l. in tallies and orders. My Lord approves thereof and agrees that they shall be repaid the said 12,000l. within two months from the day of advancing, together with interest at 6 per cent. per an. Treasury Minute Book XIX, p. 183.
May 3. Present Lord Treasurer, Chancellor of the Exchequer.
[Write to the Gentlemen of] the Bank to be here next Monday in relation to some remittances for the Troops in Flanders.
My Lord will hear Mr. Edwyn on Monday next upon his claim to furnish [stationery] necessaries for the last year's Lottery of 1,500,000l., and orders that the Attorney General be desired to attend then.
Some papers are read and minutes [are] taken thereupon [and are endorsed thereon].
Adam Bagshaw at the request of Mr. Weket [is by my Lord] ordered to be instructed [in the business of the Customs] for a Custom House place. Ibid., p. 184.
May 5. Present. ut supra.
The orders in the name of Mr. Williams for the printer's bills [are by my Lord] directed to be satisfied by loans on tin.
The Attorney General comes in. Mr. Edwyn and Mr. Dodd are called in. Mr. Dod in behalf of Mr. Edwyn insists that his office of Usher of the Receipt is a very ancient office, by virtue of which as appears by the Black Book [of the Exchequer] he is to furnish all necessaries there and consequently has a right to the providing those which are for the Lottery, for which he has now a memorial before my Lord; for though there be a particular Paymaster and Comptroller appointed [for the said Lottery] yet the orders for the payments are signed by the Lord Treasurer.
The Attorney General says the Act [for the said Lottery] has authorised my Lord to manage the offices relating to the said Lotteries in such manner as he thinks fit, and questions whether the authority cited out of the Black Book can extend to the case in question.
My Lord says that 'tis his duty to be as good an husband for the Queen as he can: that he offered to Mr. Edwyn before, and doth now, that if he will serve the necessaries as cheap as others he shall have the preference, but thinks he [my Lord himself] cannot be justified if he should not take the best bidder. My Lord desires Mr. Edwyn to consider of it and make the best proposal he can and that Mr. Tilson should compare it with the others and lay a comparison thereof before my Lord.
The Gentlemen of the Bank [are] called in. The Chancellor of the Exchequer acquaints them that there is like to be an occasion of remitting 100,000l. within a fortnight for the Troops in Flanders and desires they will make the best proposal they can for the public [service]. Mr. Gould says they shall have a Court next Thursday and will then give their answer. Ibid., p. 185.
May 6. Present. ut supra.
[Write] Mr. Borret to send my Lord an account of all the [Exchequer] process that has been issued against accountants; what effect it has had; and for whom process has been stayed.
Mr. Howe comes in. His memorial [for money for the Guards and Garrisons] is read praying an order for 53,788l. 16s. 9¼d. for the uses therein mentioned. My Lord Treasurer desires Mr. Howe to borrow 53,245l. 16s. 9¼d. of the Bank upon a deposit of tallies and orders in his hands for 60,000l. and agrees that the said 53,245l. 16s. 9¼d. shall be repaid within two months from the day of advancing to the time of repayment thereof, together with 6 per cent. per an. interest.
Mr. Brydges comes in. His memorial is read as to the clothiers of the Regiments that were sent on the Expedition to Canada under Lieut. Gen. Hill. My Lord directs him to make such certificates for these clothiers as [he made] for those of the Flanders Regiments and then my Lord will order their payment in South Sea Stock.
Several others of his [Brydges's] memorials [for moneys for the Forces Abroad] are read and minutes [are] taken thereon.
[Send to the Exchequer a direction] letter for paying what is due to Mr. Tate from time to time.
[My Lord directs the issue of] 1,250l. on the order in Mr. Lowndes's name for secret service.
[Send to the Auditor of the Receipt a] letter in relation to the fees [charged at the Exchequer on issues] for secret service moneys. Ibid., p. 186.
May 8. Present: ut supra.
Lord Chief Baron Smyth and Baron Scrope, Barons of the Exchequer in Scotland, come in. Several of the reports of the Barons of the Exchequer there are read and minutes are taken thereupon. The Barons are to attend again next Monday.
[Send notice to] Mr. Borret to attend to-morrow morning.
[Send a direction] letter for 600l. [to be issued] to Sir Francis Windham.
Likewise for 400l. to Lady Windham's daughters.
Mr. Brydges [Paymaster of the Forces Abroad] acquaints my Lord that the Bank have agreed to lend him 11,000l. upon a deposit of 15,000l. in tallies and orders on the Duties on hops. He desires my Lord Treasurer's direction for borrowing the same and paying it over to Sir John Lambert to complete the money due to him for bills drawn from Madrid for the subsistence of the [British] prisoners [there] for which [bills] he [Lambert] had a deposit of the said tallies and orders. My Lord Treasurer approves thereof and directs Mr. Brydges to borrow the said 11,000l. of the Bank upon a deposit of the said tallies and orders: the loan to be repaid in two months with 6 per cent. per an. interest; "and that he pay over the same to Sir John Lambert as aforesaid."
[Write a] letter to Mr. Borret to pay 30l. to Mr. Brand for writing and embellishing the Act of Parliament [10 Anne, c. 8] for the Elector of Hanover's precedency. Ibid., p. 187.
May 9. Present: ut supra.
[Send a] letter to Mr. Crawley to pay into the Exchequer the salvage money resting in his hands.
[My Lord orders] a warrant to Mr. Compton [Paymaster of the Queen's private bounties and pensions] to pay to Sir W. Windham the bill of charges for removing from Sherwood Forest to Windsor Forest some red deer presented to the Queen by the Duchess of Newcastle.
[My Lord orders] Mr. Harrison to carry to Mr. Johnson, Clerk of the House of Lords, or to Mr. Walker, the Clerk Assistant, the reports and papers relating to the Bill depending in the House of Lords [which became private Act 10 Anne, c. 22] for compounding Wicks's debt.
Mr. Gould, Governor of the Bank, is called in. He presents to my Lords the underwritten Resolutions of the Court of Directors in relation to a remittance of 200,000l. for the Troops in Flanders: viz.
9 May 1712.
200,000l. sterling for Holland at 2½ uso, whereof 30 per cent. on Antwerp at sight:
at florins 10 current money per ? sterling: to be furnished by 50,000l. a week.
[In repayment the Bank] to be paid in ready money upon delivery of the bills: or on deposits of tallies with a [Treasury] minute for repayment in two months with 6 per cent. per an. interest from the time of delivery of the bills.
"All former deposits [of tallies as securities for loans] to be cleared out of the first money of the Lottery [anno 1712]."
My Lord Treasurer agrees to a moiety of this proposal, to wit for 100,000l. at 10 guilders current money; to be furnished by 25,000l. a week: 15 per cent. [of the total to be in bills] on Antwerp at sight: [the Bank] to be paid for their bills as above.
Capt. Gibbon [is] called in. My Lord directs that his bond as Receiver of the last year's Lottery money be delivered at his request to the Deputy Remembrancer.
Mr. Brydges [is] called in. He acquaints my Lord that Mr. Drummond and Vanderheiden are answerable for some part of a bill of 10,000l. drawn on them for the Troops in Flanders for which he thinks to take out an extent against some effects they have in London. My Lord Treasurer directs him to advise with the Attorney General and that Mr. Gibbon's bond be not delivered to the Remembrancer till his [the Attorney General's] report is obtained. Treasury Minute Book XIX, pp. 188–9.
May 12. Present Lord Treasurer, Chancellor of the Exchequer.
Lord Chief Baron Smith and Baron Scrope, Barons of the Exchequer in Scotland, [are] called in and also Lord Ilay, Lord Roseberry, Lord Eglinton and others, bond creditors of William, late Lord Bergavenny, deceased. The draft of a signature for the gift of the wardship and marriage of James, now Lord Bergavenny, an infant, to Robert Dundas of Arniston is read; in which there is provision: (1) of aliment for the heir at 50l. sterling per an. till he is ten years old; 100l. per an. from thence till 15 years old and 200l. per an. from thence to 21 years old: (2) for payment of 4,000 marks yearly to the Lady Margaret Bergavenny according to her marriage contract: (3) for payment of 20,000 marks to Mrs. Grissell Hamiltone, only daughter of William, late Lord Bergavenny, by yearly proportions as therein mentioned: (4) for paying to the said Mr. Dundas his expenses about gathering the rents and the law charges &c. in relation to the ward's estate: (5) in the last place for payment of the creditors that might affect the lands in case they had not fallen in ward.
Lord Ilay and the rest of the bond creditors do not object to the several provisions made by the draft of the signature; but pray that after payment of the yearly sums therein mentioned and the interest only of the debts charged on the estate before the entail, the overplus may be applied first to satisfy the interest of their debts and then the principal as far as it will extend from time to time: because without this favour from her Majesty they have no means or prospect of being ever paid; whereas the debts by mortgage are well secured and will affect the estate as soon as the wardship expires.
Lord Chief Baron Smith says though it be so yet it behoved the personal creditors to have taken more care of their securities before they parted with their money and that if what they desire should be granted he believes it would leave the Lord Bergavenny when at age without any estate at all if the payment of the real [estate] debts are postponed till the wardship expires.
My Lord Treasurer orders that an account be laid before him of the yearly value of the estate, both free and ward, together with a list of the real [estate] debts and of the personal debts and the nature of their respective securities; to the end his Lordship may lay the whole before her Majesty for her pleasure what shall be allowed to the personal creditors.
A letter to Mr. Lowndes from the Customs Commissioners in Scotland is read proposing a guard ship to be appointed to have her station at the Isle of May and to cruise from St. Abbs Head to the Reed [Red] Head or Tod and that the Commander thereof be ordered to be assisting to the Customs officers.
My Lord ordered that a copy of the said letter be sent to Mr. Burchet to be laid before the Lords of the Admiralty [with a desire to them] to give order for a guard ship accordingly.
A representation from the Barons of the Exchequer in Scotland is read proposing a privy seal to be passed to enable them to pass accounts in Scotland, although some defects may happen to be in the particular vouchers necessary in strictness to be produced for warranting the articles &c. My Lord Treasurer agrees thereunto and directs a warrant to be prepared accordingly.
[Write a] letter to the Treasurer of the Chamber to pay Mr. Couchman, one of the Messengers [of the Chamber], who has been at Hanover and back again and is now returning to the Hague, a sum of 128l. 9s. 2d. due on his former bills for travelling charges.
[My Lords direct an issue of] 1,008l. to Mr. Decker on the order in his name.
Likewise 42l. to the Provost and Fellows of Eton College on their order.
[My Lord directs a] warrant to be prepared for paying 600l. to Mr. Thomas Andrews by the hands of Mr. Compton, out of loans [to be made] by himself on [the Queen's] tin.
Mr. Tilson acquaints my Lord that pursuant to his [Lordship's] commands he has attended the Attorney General in relation to the restrictions his Lordship would have [to be] inserted in the bill for a grant of the office of Master of Whittlewood Forest to the Duke of Grafton and his heirs; and that the Attorney General desires a letter may be sent to him for that purpose in the form now read to my Lord. This is approved and signed by my Lord's direction. Ibid., pp. 191–2.
May 13. Present: Lord Treasurer.
[Send a] letter to the Customs Commissioners for an account of the Duties on the goods of the growth or manufacture of France or imported from thence; and to what uses the same [the proceeds of the said Duties] are appropriated; and whether some of the Duties laid on French goods in the reign of Charles II were not laid conditionally or for a term of years only.
[My Lord directs the issue of] 1,000l. to Mr. l[owndes] for her Majesty's secret service. Treasury Minute Book XIX, p. 193.
May 14. Present: Lord Treasurer, Chancellor of the Exchequer.
The Commissioners of Excise [are to be directed] to attend tomorrow at 11 of the clock.
[Write a] letter to the Commissioners of the Stamp Duties that 'tis her Majesty's pleasure that Mr. John Clarke be appointed a stamper upon the first vacancy.
The Customs Commissioners [are] called in. Their presentments [are] read and minutes [are] taken thereon [and are endorsed thereon].
A letter [of direction for the issue] of 732l. to Mr. George Mackenzie is read and approved.
"Mr. Root recommended by Lord Ashburnham." Ibid., p. 194.
May 15. Present. ut supra.
Mr. Cotesworth and Mr. Hewer are called in and lay before my Lord a petition which the East India Company desire to present to the House of Commons for perpetuating their Corporation although the debt owing [by the Government] to the Company should be paid off.
The Gentlemen of the Bank are called in. My Lord Treasurer acquaints them that if they think fit he intends they shall have the receipt of the Lottery money. They thank his Lordship and desire that the Constitution and bond may be prepared to the same cashiers and in the like manner mutatis mutandis as [in the case of the Lottery of] last year.
[My Lord directs] the Tellers' clerks to send [to the Treasury] the lists of the names of the persons who have subscribed for the Lottery, in an alphabetical order and of the particular sums subscribed.
[My Lord directs a] letter for applying 10,000l. and the interest thereof in tallies and orders on the fourteenth 4s. Aid, together with a sum of 800l. in pr[incipal] money received by Mr. Walpole on like tallies, to the payment of defalcations on ships' books incurred when he [Robert Walpole] was Treasurer of the Navy.
Mr. Howe [Paymaster of Guards and Garrisons] having acquainted my Lord Treasurer that the Bank have agreed to make a loan of 53,245l. 11s. 11¼d. upon a deposit of 58,500l. in tallies on the fifteenth 4s. Aid, his Lordship directs Mr. Howe to make the said deposit and agrees that the Bank shall be repaid the said 53,245l. 11s. 11¼d. within two months from the time of advancing, together with 6 per cent. per an. interest. Ibid., p. 194.
May 16. Present ut supra.
Mr. Milner [is] called in and presents a memorial for a remittance to Barcelona, which is read. My Lord Treasurer will consider of it against next Tuesday and desires that he will come again at that time. Ibid., p. 195.
May 17. Present: ut supra.
The Auditor [of Imprests'] report on [the petition of] Sir Solomon de Medina is read: and the money therein allowed [by the Auditors] to be due him is [by my Lord Treasurer] directed to be paid.
Divers papers are read and minutes [are] taken thereon [and are endorsed thereon]. Ibid., p. 196.
May 19. Present: ut supra.
[My Lord directs the payment of] 200l. to the Earl of Clarendon [as royal] bounty: [to be paid] by the hands of Mr. Compton.
Likewise 20l. to Samuel White in like manner.
Some papers are read and minutes [are] taken thereupon [and are endorsed thereon]. Ibid., p. 197.
May 20. Present: ut supra.
Mr. Howe [Paymaster of Guards and Garrisons is] called in. His memorial is read. Ordered that 13,217l. 5s. 9¼d. be issued to him out of loans in the Exchequer on this year's Land Tax: to be for the several uses mentioned in the said memorial.
By another memorial he prays 97,243l. 12s. 2¾d. for offreckonings, clearings &c. [of the Guards and Garrisons] to the 22nd December 1711 and represents that towards the same there remains in his hands 73,618l. 4s. 0¾d. in South Sea Stock undisposed of.
My Lord agrees to the applying the said South Sea Stock to those uses and when the Lottery Act is passed will order the remaining 23,625l. 8s. 2d. to complete the uses contained in the said memorial.
Mr. Milner [is] called in and presents the underwritten proposal which is read and agreed to, viz. to supply 54,000l. in Barcelona, 29,000l. thereof at sight and 25,000l. thereof at 30 days' sight: the price to be at 4s. 10d. sterling per piece of Eight "and to declare in the bills of exchange to be paid in gold equal in weight and standard to the Doubloon of four pieces of Eight weighty": to be [he to be re]paid as follows, viz. 14,000l. [out of the] first payment of the Lottery and 40,000l. in Land Tax tallies [ranking for payment] from [and after the] 1,572,000l. now deposited with the Bank.
[My Lord directs that] the bills are to be sent [to Barcelona] by this night's post. Ibid., p. 198.
May 21. Present: ut supra.
The report from the Customs Commissioners on a petition of Capt. Wade is read and approved.
The report from the Excise Commissioners concerning the management of the new Duties on soap, paper, calicoes &c. are read. My Lord approves of their taking the House [sic for the course] they propose and would have them use all diligence in preparing what is necessary for carrying on the service with all the despatch that may be.
My Lord directs that the constitution of the Cashiers of the Bank to be Receivers of the Lottery money be prepared.
[My Lord orders] the letter [of direction] to be signed for the last quarter's salary to the Ladies of the Bedchamber. Ibid., p. 199.
May 23. Present: Lord Treasurer, Chancellor of the Exchequer.
[The Principal] Officers of the Ordnance [are] called in. They pray payment of the remainder of the moneys contained in their last memorial which amounted to about 45,000l.; of which they had 18,000l. from the Bank on a deposit of tallies. My Lord Treasurer says he will order it when the money comes in on the Lottery.
Mr. Brydges [Paymaster of the Forces Abroad is] called in. [My Lord orders] Mr. Lin to prepare a list of all the Officers of Regiments that are reduced and what their subsistence will amount to until the 24th June 1712.
A memorial dated Pay Office, Whitehall, May 21 inst., is presented to my Lord by Mr. Brydges proposing a particular application of the 54,000l. which was remitted last Tuesday to Barcelona: which is read and agreed to: and he is directed to send orders to his Deputy there to take care to apply the same accordingly: which memorial is in the words following: viz.
Your Lordship having been pleased to direct a remittance of 54,000l. should be made for the service in Catalonia according to the following scheme laid by me before your Lordship, viz.:
£ s. d.
for three months' subsistence to March 23 last for one Regiment of Dragoons (three Troops thereof being computed as dismounted) and 10 Regiments of Foot in Catalonia and Port Mahon 31,010 2 8
for subsistence of the commissioned and non-commissioned Officers of the three reduced Regiments to the same time 3,767 12 0
for three months' subsistence to 22 June next for one Regiment of Dragoons (all the Troops computed as dismounted) and eight Regiments of Foot in Catalonia and Port Mahon 25,314 15 0
for subsistence to the same time of the commissioned and non-commissioned Officers of five Regiments of Foot reduced 6,142 10 0
66,234 19 8
whereof there may be stopped for non-effective Officers absent, by estimation about 7,518 16 1
so there remains to be remitted 58,716 3 7
for General and Staff Officers and for Contingencies &c. on account 2,000 0 0
for German and Italian Troops on account to 23 June next 50,000 0 0
for the Portuguese Troops upon account to said time, the remainder being to be settled with the Crown of Portugal 30,000 0 0
140,716 3 7
whereof 50,000l. remitted by Capt. Long and 36,716l. 3s. 7d. drawn by Mr. Hammond in bills of exchange, making together 86,716 3 7
leaving neat to be remitted £54,000 0 0
And the said sum of 54,000l. having been sent to the Deputy Paymaster at Barcelona pursuant to the Treasury minute of the 20th inst., but no directions going therewith to what parts of the service this money shall be particularly applied: therefore [I, Brydges] desire your Lordship will give me full instructions for paying away the same, that I may apprise my Deputy thereof and thereby prevent any mis-application of the said money being made from these services to which your Lordship has designed it.
[My Lord directs the Exchequer to] issue 10,000l. to Mr. Brydges upon the proper [relative] order: to be paid over to Sir John Lambert in part of what is due to him on bills drawn from Spain for subsistence of [British] prisoners [there]. Treasury Minute Book XIX, pp. 200–1.
May 24. Present: ut supra.
[Write a] letter to Mr. Linn in answer to one from him in relation to the mustering the Troops in Great Britain before the Reduction: [to wit to inform the said Lin] that my Lord Treasurer has no objection to the Muster Masters taking the muster that is to govern for the two months from April 25 [last] to June 24 next. Ibid., p. 202.
May 27. Present: ut supra.
Mr. Brydges [is] called in. On reading his memorial for directions how the 25,000l. remitted to Lisbon April 24 last should be applied, my Lord Treasurer orders that the subsistence of the effective Officers and men of the six Regiments of Dragoons to the 23rd of June next be paid: that the Officers en second actually serving in Portugal be cleared to the 23rd of February last: that the General and Staff Officers there be paid the three months' pay ending at Lady day 1712: and that two months' subsistence be paid for the effective Officers and men of the three Regiments in garrison at Gibraltar.
And as to the demands for softd brea furnished to the said Garrison by contractors, my Lord is of opinion that the Victualling Commissioners should have the care of supplying that Garrison with all provisions necessary to be supplied.
My Lord orders that Mr. Brydges do continue his method of paying all the Regiments upon account in Portugal and Gibraltar until the matter about the lists of effectives and the non-effective returns made in lieu thereof be adjusted.
Send to the Secretary at War, for his consideration, the memorial of Mr. Brydges dated May 6 inst. about paying Officers of the reduced Regiments in Portugal.
[My Lord directs the Exchequer to] issue to Mr. Brydges 1,054l. 5s. 0d. out of loans on the Land Tax now in the Exchequer: [and is intended] to pay rewards to the clerks attending the Commissioners for putting the Recruiting Acts in execution. Ibid., p. 203.
May 28. Present: Lord Treasurer.
Mr. Worsley, the woodward of New Forest, [is] called in: also Mr. Wilcox, Surveyor General of the Woods Trent South; Mr. Ryley. late Surveyor General [of same]; and Mr. Jett, Auditor of Co. South-ampton. Mr. Worsley's memorial is read wherein he complains that the warrants for felling timber in New Forest are not directed to him as (he alleges) they ought to be, nor are entered in the Court books at Lindhurst: that the Crown suffers by waste committed through these defects: and prays that he may enjoy the right of his place according to his letters patent.
My Lord Treasurer observes that the memorial consists of several parts and that it will be proper that Mr. Wilcox should have a copy of it and give his answer thereunto in writing, and my Lord orders accordingly.
Mr. Wilcox says he will bring it in by next Monday and then my Lord [will] appoint another day to hear this matter and [will] direct the Attorney General to attend him at that time.
Mr. Sloper [for Mr. Brydges is] called in and his [Brydges'] memorial for subsistence to the Regiment of Col. Grant and five other Regiments returned from Canada is read. [My Lord thereupon] ordered that out of the loans on the Land Tax [anno 1712] 10,702l. 18s. 8d. be issued to Mr. Brydges to clear the subsistence of the said Regiments to April 22 last.
A letter from the Commissioners of Transports is read praying directions that the 3,124l. 18s. 6d. public stock in the South Sea Company [standing] in the name of Mr. Micklethwayte, their [the said Commissioners'] Treasurer, be applied to the payment of bills registered in course for Transport service between 25 March 1711 and 29 Sept. following, with interest on them to Xmas last. My Lord Treasurer ordered [directions] accordingly.
Another memorial of the said Commissioners is read praying 75,250l. 3s. 1d. to satisfy bills registered in course for Transport service from 29 Sept. 1711 to April 30 last upon contracts before Michaelmas 1711. Treasury Minute Book XIX, p. 204.
May 30 Present. ut supra.
Write to Mr. Compton to pay what is in arrear on Mr. Bulstrode's pension.
[My Lord orders a direction] letter for 1,000l. to Lady Abingdon in further part of her arrears as a Lady of the Bedchamber.
The Gentlemen of the Bank are called in. They acquaint my Lord that their cashiers will be ready to give security to-night for their [due accounting for the] receipt of the Lottery money of the 1,800,000l. Lottery [anno 1712].
My Lord Treasurer thereupon signs their Constitution and directs that it be carried to the Bank this evening and given to the said cashiers as Receivers on their first delivering the bonds executed by themselves and the Bank as their security, being in 600,000l. each bond.
[My Lord signs a letter of direction to] issue 239,000l. to Mr. Brydges on the proper [relative] order [in his name]: to be issued out of the Lottery money [anno 1712] and is intended for the following services: viz.
£
to redeem tallies for 220,000l. deposited with the Bank 200,000
to be paid over to Mr. Milner 25,000l. thereof to redeem 30,000l. South Sea Stock according to agreement of April 23 last, and 14,000l. as in part of 54,000l. by him [Milner] remitted to Barcelona the 20th inst. 39,000
Likewise for 180,000l. to be issued to the Treasurer of the Navy out of the like Lottery money: and is to redeem 198,000l. in tallies deposited with the Bank [as security for loan].
[Write the] Auditor of the Receipt to certify if [there is] any deficiency on the Bank's fund of 100,000l. per an. upon the 1st June now next coming and how much it amounts to.
[My Lord further directs the issue of] 2,190l. 2s. 8d. to Mr. Brydges: out of the Lottery money [anno 1712]: and is upon account of subsistence to the Troops in Spain and Portugal: being to be paid over to Mr. Lyn for satisfying pensions to widows of Officers who lost their lives in her Majesty's service in those parts. Ibid., p. 205.
May 31. Present: ut supra.
[The draft of a] letter to the Auditor of the Receipt in relation to interest to be allowed on the tallies struck upon the register for tin for the Office of Works is read and approved.
[Send word to] Capt. Studholme to attend on Monday.
[Write to] Mr. Borrett to give my Lord an account of the proceedings against the several Lottery offices for improving small sums of money. (In the margin. "Mr. Borrett: about illegal lotteries.")
Ordered that Mr. Arnold, Mr. Brent, Mr. Cornwallis and Mr. Tilson do in the interim and until the commissions for the new Lotteries can be settled take care to forward the business relating thereunto as much as may be.
[My Lord directs the issue of] 1,000l. to the Countess of Abingdon in further part of her arrears as one of the Ladies of her Majesty's Bedchamber. Ibid., p. 206.
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