Minute Book: October 1715, 1-7

Calendar of Treasury Books, Volume 29, 1714-1715. Originally published by Her Majesty's Stationery Office, London, 1957.

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'Minute Book: October 1715, 1-7', in Calendar of Treasury Books, Volume 29, 1714-1715, (London, 1957) pp. 292-294. British History Online https://www.british-history.ac.uk/cal-treasury-books/vol29/pp292-294 [accessed 18 April 2024]

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October 1715, 1-7

Oct. 4. Present: Earl of Carlisle, Sir William St. Quintin, Mr. Wortley.
Mr. Beranger and Mr. Elliott [are] called in. Mr. Elliott says he has received — of Mr. Beranger in part of the 20,000l. which he [Beranger] was to advance on tin and that he [Elliott] expects bills for the rest [of his debt] to-morrow and that if Mr. Beranger do not pay it immediately he will protest the bills.
Mr. Beranger saith he doth not think the tin in his hands in Holland (if any accident happen by the ceasing of the contract or otherwise) sufficient to secure his repayment of the 54,000l. and the interest [thereof]; and therefore prays that as a collateral security he may have 400 tons more of tin put into his hands by the [Principal] Officers of the Mint here; which he [undertakes he will] not remove out of their custody till it shall manifestly appear that what he already has will not suffice to pay off his loans and interest.
My Lords do consent that he shall have 300 tons more put into his hands.
He promises to enable Mr. Elliott to comply with the bills drawn so far as the 20,000l. [which] he was to lend will extend.
Mr. Walpole comes in and presents a memorial for 15,000l. for half pay or whole pay [for the Officers of the Forces] to enable the Officers to repair to their respective quarters. He also moves my Lords to take into consideration his memorial of the 27th Sept. last for a month's subsistence from 25 Sept. to 24 Oct. inst. amounting to 40,929l. 8s. 2d., towards which he was supplied with 15,000l. out of the last loans made to him by the Bank of England of 60,000l. upon a deposit of Malt tallies:
which memorials being considered by my Lords [together] with what is now proposed by Mr. Walpole, to wit that the Trustees for the Genoese loan may be directed (out of the surplus money remaining in their hands arisen by sale of South Sea Stock over and above what hath sufficed to pay [back] to the Genoese merchants the 180,000l. loan and the interest thereon at 5 per cent.) to pay back 30,000l. to the Earl of Carnarvon [late Paymaster of Guards and Garrisons] and that his Lordship [the said Earl of Carnarvon] will immediately pay it to Mr. Walpole upon his acquittance for the service of the Troops and that the rest of the 40,929l. 8s. 2d. may be issued out of money of this year's funds now in the Exchequer, being 10,929l. 8s. 2d.: making together 40,929l. 8s. 2d.
My Lords agree to this proposition and accordingly do sign a warrant to the said Trustees of the Genoese loan to pay forthwith to the Earl of Carnarvon 30,000l. out of the surplus money in their hands: and my Lords do further direct 2,825l. 7s. 5d. to be issued to Mr. Walpole at the Exchequer out of Contribution money for Annuities and 8,104l. 0s. 9d. out of money of loans on Malt anno 1715, making together 10,929l. 8s. 2d. Of the said total of 40,929l. 8s. 2d. the sum of 25,929l. 8s. 2d. is to complete the subsistence [of the Forces] to the 24th inst. and the remaining 15,000l. is to be upon account of Half Pay or Whole Pay to Officers ordered to their quarters.
[My Lords direct] 1,712l. 10s. 9½d. to be issued to Mr. Walpole to be paid over to Mr. Missing for provisions for the Garrison of Gibraltar pursuant to his contract and to several certificates and to a report from Mr. Walpole in that behalf.
[My Lords direct] 404l. 15s. 0d. to be issued in the several Officeswhere due for a quarter on his Majesty's alms &c. to Michaelmas now past. [This minute is explained by the two letters of direction which were issued upon it: viz. (1) for 179l. 15s. 0d. to the Earl of Radnor, Treasurer of the Chamber, to be by him paid over to the Lord Almoner for last Sept. 29 quarter for the Daily Alms and Poor at the Gate: (2) for 225l. to Mr. Godfrey [Paymaster of the King's private annual pensions and bounties], to be by him paid over to the Lord Almoner for same quarter on the respective sums of 800l. per an. and 100l. per an. payable by the said Lord Almoner for uses expressed in the Establishment of the King's private pensions and bounties.] Treasury Minute Book XXII, pp. 156–7. Disposition Book XXIII, pp. 99–100.
Oct. 5. Present: Chancellor of the Exchequer, Sir William St. Quintin, Mr. Wortley.
Upon reading a report from the Customs Commissioners dated 27 Sept. 1715 on the petition of the executors of Geo. Dickenson, late Collector at Hull, praying that [he may be repaid] the sums of 250l. and 15l. paid to the Vice Admiral of the County of York by the said Dickenson for impresting of seamen and for Conduct Money for the year 1696 pursuant to an order in Council, my Lords direct a letter to the Navy Commissioners to make out a [Navy] bill for the said sums and to assign same for payment out of the money in the for the year 1696 pursuant to an order in Council, my Lords direct a letter to the Navy Commissioners to make out a [Navy] bill for the said sums and to assign same for payment out of the money in the Navy Treasurer's hands for the charge of impresting seamen or [out of] what is arisen by the sale of old stores. Treasury Minute Book XXII, p. 158.
Oct. 7. Present: ut supra.
My Lords do direct that Mr. Aislabie, Treasurer of the Navy, do raise, upon the Land Tax tallies in his hands, any sum not exceeding 20,000l. at par, for such uses of the Navy as shall be directed: and upon his laying before my Lords the orders of loan with the assignments thereupon to the persons who shall have advanced the said money or any part thereof my Lords will sign warrants [or will endorse the said order of loan] for interest to commence upon the said orders from the date of such assignments. Ibid., p. 159 [the succeeding unpaged five pages of the Minute Book at this point are blank].