Minute book: December 1695 16-31 | British History Online

Calendar of Treasury Books, Volume 10, 1693-1696. Originally published by His Majesty's Stationery Office, London, 1935.

Citation:

, 'Minute book: December 1695 16-31', in Calendar of Treasury Books, Volume 10, 1693-1696, (London, 1935) pp. 1419-1422. British History Online https://www.british-history.ac.uk/cal-treasury-books/vol10/pp1419-1422 [accessed 23 May 2024].

December 1695, 16–31



Dec. 17. Treasury Chambers, Whitehall.	Present: The Lord Keeper, the Lord Privy Seal, Duke of Devonshire, Earl of Shrewsbury, Secretary Trumbull, Earl of Portland, Admiral Russell and four of the Treasury Lords ut supra; also the Attorney General in attendance.
	Their Lordships consider of the times to be inserted in the King's Proclamation about [calling in and recoining the] clipt moneys.
	In the preamble of the Proclamation the Address of the [House of Lords] as well as of the Commons is to be mentioned.
	The first day for Crowns and Half Crowns is to be the 1st January, 1695, after which date they are to pass only for taxes etc.
	My Lords direct that till further order no gold be coined at the Mint but into half guineas.
	Mr. Harris and Mr. Rotiers are directed to make all expedition possible in preparing to coin new money.
	The second day for Crowns and Half Crowns (as to London and 40 miles thereof) is to be 13 Feb. next and (as to the rest of England and Wales) the 2nd of March next.
	Send to the [Principal] Officers of the Ordnance and the East India Company to be here on Friday next at six a'clock.
	Send to the Customs Commissioners to be here then.
	From 13 Feb. next no shillings clipt within the ring are to pass but for taxes etc.
	From 13 March next no such shillings to pass in any payment.
	From 13 March next no other clipt money within the ring are to pass but for taxes etc.
	From 13 April next no such money to pass in any payment.
	[Treasury Minute Book VIII. p. 119.]
Dec. 18. Kensington.	Present: The King, four of the Treasury Lords ut supra.
	The Earl of Ranelagh and Mr. Blathwayt attend [and on reading the Earl's weekly memorial for money the King directs the following issues]:			l.
	for forage, in full			3,000
	for recruits for Wilkes's Regiment			1,000
	for subsistence for three Regiments for one month			2,460
	[Send] a letter to the Earl of Ranelagh to take care, on the arrival of these three Regiments at Ostend, that they be subsisted as the other Regiments in Flanders.
	Send for the [gentlemen of the] Bank [to let them know] that the last four millions of livres borrowed in Holland may be made serviceable for the subsistence.
	[The King orders] the contracts for bread and bread waggons to be prepared. They [the contractors] must be obliged to take their corn out of England.
	[Send] to the Lord Deputy for a state of the revenue of Ireland and of the debt upon it and the application which he would propose of moneys lately granted in [the Irish] Parliament. This is by the King's order.
	[Ibid. p. 120.]
Dec. 20. Treasury Chambers, Whitehall.	Present: Four of the Treasury Lords ut supra.
	The Customs Commissioners are called in about the Duty of coals ferried over the Severn or other navigable rivers; there being complaints that the officers take this duty not only where the coals are waterborne in boats only but [also] for those that are ferried over in carts or on horse back. My Lords are of opinion that in the latter case the officers ought not to insist on the Duty.
	The Commissioners are desired to put Mr. Hely into some employment that he is fit for.
	Send to the Earl of Ranelagh to make up and send the account of the offreckonings from 1st January, 1694–5, to 1st January, 1695–6.
	Send to Col. Stuart, who commanded the four Regiments lately in the Straits, to make up his account of what is due to the said Regiments from the time of their embarcation to the time of their landing in England.
	The gentlemen of the Bank are called in. They are desired to order the matter so as that the two millions of guilders last borrowed in Holland may be made serviceable to the subsistence of the Army. They say the coming in of that money will be too uncertain to depend upon and they cannot lend but [upon funds made chargeable] by Act of Parliament: and they would have a clause for [so authorising] lending [to be inserted] in the Act of [re]coinage.
	[Treasury Minute Book VIII. p. 121.]
Dec. 27. Forenoon.	Present: Four of the Treasury Lords ut supra.
	Send to Mr. Neal to come to Kensington this afternoon.
	Mr. Bridges and Mr. Smith of the Bank are called in and are told by Lord Godolphin that the two millions [guilders] last borrowed in Holland was borrowed by the King's credit with intention for the Army: and therefore Mr. Hill must be directed to draw on my Lord Ranelagh.
	Send to Morgan Whitley and Mr. John Whitley to be here on Monday afternoon.
	[Ibid. p. 122.]
eodem die Afternoon. Kensington.	Present: ut supra.
	Mr. Hertogh, Mr. Bellamy et al. propose to make known a fund for four millions per annum if secured of a reward. My Lord [Godolphin] says they may expect a reward if the thing they offer be new and it takes. They present a paper for 12 or 15 per cent. upon woollen manufactures. It's allowed the thing itself is not new, but if the method prove so and be feasible my Lords will speak with them again.
	The King comes in.
	[The King directs] the Officers of the Ordnance and the Officers of the Mint to attend at the Treasury on Monday afternoon. Mr. Neale is to bring with him then a scheme of the Mints in the country.
	The money [reserved] in the Exchequer for the Navy being 58,642l. 1s. 8d. [is by the King] ordered to be issued to the Navy Treasurer in shillings and sixpences.
	The Earl of Ranelagh's paper [his weekly memorial for money for the Forces] is read and the payments directed [by the King] are marked in it, viz.:	l.	s.	d.
	for recruits of Wilkes's Regiment	1,737	10	0
	advanced to Torrington's Regiment for subsistence	1,640	4	8
	[The King directs] my Lords to call Medina before them and if the covenant [in his contract, viz.] for exporting [English] corn be useless it must be left out; or it may be [left] in [the contract] though the performance shall not be required of him.
	[The King orders] 200l. for Lord Culpeper.
	[The King directs my Lords] to signify his pleasure to the Earl of Ranelagh that he pay no further subsistence to Col. Holt till further order.
	[The King orders] 200l. for the Earl of Oxford.
	[Treasury Minute Book VIII. p. 122.]
Dec. 30. Treasury Chambers, Whitehall.	Present: Sir Stephen Fox, Mr. Smith.
	The [Principal] Officers of the Ordnance come in and desire that Mr. Neal would give in a writing of the room [in the Tower which] he desires from the Office of the Ordnance [in order to the recoinage of moneys]. Send a letter to Mr. Neal to give that in writing to the Officers of the Ordnance.
	[Ibid. p. 123]
Dec. 31. Tuesday, forenoon.	Present: Lord Godolphin, Sir Stephen Fox, Mr. Smith.
	[Send] to the officers of the Mint to be here to-morrow at nine a'clock.
	[Write] to the Customs Commissioners that they have had several directions [from my Lords] to provide [some employment] for Mr. Hely, but not done it: and my Lords direct them peremptorily.
	[Ibid. p. 124.]