Minute Book
June 1707

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Institute of Historical Research

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Author

William A. Shaw (editor)

Year published

1952

Pages

35, 36, 37

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'Minute Book: June 1707', Calendar of Treasury Books, Volume 21: 1706-1707 (1952), pp. 35-37. URL: http://www.british-history.ac.uk/report.aspx?compid=90447 Date accessed: 23 November 2014.


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Contents

June 1707

June 2, forenoon. Present: ut supra.
The letter [of direction for payment for] small clothing for [the Forces in] Spain amounting to 24,980l. is read and approved.
My Lord Treasurer desires Mr. St. John, who is present, to write to Lord Galway to form into Regiments the Officers and soldiers escaped from the battle of Almanza as far as they will go: [my Lord] intending that the subsistence which would grow due to the Troops that composed that army be reserved for maintenance and support of the prisoners and for enabling the Officers to restore their Regiments (struck through) the rest of the Regiments as they shall be exchanged. Ibid., p. 88.
Eodem die afternoon. Present: ut supra.
The Customs Commissioners and several members of the East India Company are called in.
Write to the Barons of the Exchequer that there being a dispute concerning the security to be given by the East India Company upon the going out of their ships this year for the East Indies my Lord Treasurer desires them to hear the said Commissioners and some of the members of the said Company and to determine that dispute according to the power given in the Act [6 Anne c. 37].
Write to my Lord Halifax [Auditor of the Receipt] to know what progress is made in the execution of the warrant for making a new wine gallon and likewise of the order for the weights and measures to be sent to Scotland. Ibid.
June 3. forenoon. Present: ut supra.
Send the [form of the] transire to Lord Glasgow. It was this morning delivered by my Lord Treasurer to the Lord Loudoun to be sent to Scotland.
[Write] to Mr. St. John to send hither a copy of the order which was agreed here yesterday to be sent to my Lord Galway in Spain concerning the Forces there.
Issue 24,550l. to Mr. Brydges in Exchequer Bills for the services as follows according to his memorial of this day's date viz.:
£ s. d.
for the 20,562 men acting in Spain or Portugal 14802 18 4
towards a month's pay to the Saxons lately taken into service: on the order for the 40,000 men; being intended to be borne out of the savings on this Establishment on account of a Regiment of Foot being removed from it 2437 12 6
more towards the month's pay to the said Saxons: on the order for the 10,000 men and is meant also to be borne out of the savings on this Establishment by three Regiments being removed from it 7309 9 2
£24550 0 0
Sir Theodore Janssen's proposal is read and approved offering to give his bill on Turin dated the 23rd ult. at 60 days' date for 106,6662/3 Crowns of 82 sols, money of Piedmont, at 56½ per Crown to be paid now for the same. Ibid., p. 89.
June 6, forenoon. Present: Lord Treasurer, Chancellor of the Exchequer.
The Wardens of the Company of Goldsmiths with a Jury appear (pursuant to a warrant) and the jury is sworn for making new indented Trial Pieces for the gold and silver moneys of Great Britain. My Lord orders 150l. for the expenses [thereof]: to be paid out of the Coinage Duty by Mr. Newton.
Mr. How offers a proposal for clothing the Companies of Invalids, amounting to 2l. 15s. 0d. per man: which is approved.
[My Lord orders] Mr. Hamil to have 200l. as [royal] bounty.
[Write] the Solicitor of the Navy to attend the Attorney General about the assurances that are to quiet the Queen's possession to the 8 acres claimed to be in or near Chatham Dock. Treasury Minute Book XVI, p. 90.
June 10, forenoon. Present: ut supra.
Mr. Brydges is called in. His memorials [for money for the Forces abroad] are read and minutes taken [by my Lord Treasurer are endorsed] thereon.
The merchants concerned in the bills drawn by the Earl of Peterborough from Genoa are to be here to-morrow morning. Ibid., p. 91.
June 11, forenoon. Present: ut supra.
Sir Theodore Janssen and Mr. Santini and Mr. Hoar are called in. My Lord Treasurer acquaints them that he is willing (notwithstanding the resolution taken about paying the merchants who furnished money on Lord Peterborough's bills [drawn from or] at Genoa with allowance for the time they have been out of their money) to pay them here by tallies on Malt anno 1707 to be registered in course [on that fund of the Malt Duty immediately after or] next what is already directed thereout. They insist to have interest from the time the bills fell due. My Lord Treasurer says then the merchants must receive their payments at Genoa: upon which they agree to take the said tallies. My Lord Treasurer recommends it to them to keep the tallies as long as they can before they dispose of them: which they promise to do. Ibid., p. 92.
June 13, forenoon. Present: ut supra.
Mr. Howe is called in and presents his account of [moneys for] the Guards and Garrisons for the year ended 1706 Dec. 23. My Lord Treasurer orders it to be referred to Auditor Maynwaring.
Some of the [Gentlemen of the] Bank and the Commissioners named by them that are inserted in the Commission for the Equivalent [are called in]. My Lord Treasurer recommends it to them to repair with all expedition to Edinburgh; tells them he has spoken to some of the Lords of Scotland to incline the Commissioners to appoint such person to be their cashier here as the four gentlemen [nominees] of the Bank shall desire; that his Lordship will direct the several Commissions of Customs, Excise, Salt and Paper to order their collectors at all times when they have money in their hands to exchange such Exchequer Bills as shall be offered to them by the cashier of the Commissioners of the Equivalent or any other persons.
Sir Theodore Janssen is called in. His proposal of the 10th inst. for a credit to Mr. Chetwynd is read and approved as follows viz. to give a credit for Turin for any sum not exceeding 100,000 Crowns payable to John Chetwynd, her Majesty's Envoy to the Duke of Savoy; to be paid here for the same after the rate of 58 pence per Crown of 82 sols each, money of Piedmont, “when I produce the said Mr. Chetwynd's receipt”: this credit to stand good till the last day of November next and no longer. Ibid., p. 93.
June 25, forenoon. Present: ut supra.
The [Gentlemen of the] Bank of England are called in. The Attorney General's opinion relating to the Hollow Sword Blade Company acting as a Bank is read. My Lord Treasurer will speak with the Attorney General and the Bank of England about bringing a Quo Warranto against the said Company and would have the Bank endeavour to get the point determined as soon as they can, because in case it goes against the Bank my Lord is of opinion they may easily get relief [from Parliament] the next Session.
As to the sending the Equivalent [money to Scotland] they say some advise the using of close waggons; others of carrying it on horses. My Lord desires they will use the most proper way in their opinion and he will take care to order money for the charge thereof.
Mr. Brydges and Mr. St. John are called in. Mr. Brydges' memorials [for moneys for the Forces abroad] are read and minutes [of my Lord Treasurer's decisions are endorsed] upon them.
[Write] the Attorney General and some of the Directors of the Bank to attend at one o'clock to-morrow.
[Send word to] the Customs Commissioners to attend next Tuesday afternoon at 5 o'clock.
The jury of Goldsmiths and the proper Officers of the Exchequer are to attend next Wednesday morning. Ibid., p. 94.
June 26, forenoon. Present: ut supra.
The Directors of the Bank and the Attorney General are called in. My Lord Treasurer acquaints the Gentlemen of the Bank that though the Attorney General came hither yesterday soon after they were gone yet he had a mind to hear them together about the business of the Hollow Sword Blade Company's acting as a bank before he thought he could be sufficiently advised what was proper to be done for obviating the mischiefs represented in the Bank's memorial.
Then the opinion of Sir Edward Northey, late Attorney General, dated 1704 July 27 concerning the charter to the Company for making Hollow Sword Blades and their acting as a bank was read; and afterwards the report of the present Attorney General upon the said memorial and opinion.
And upon consideration thereof and of the several debates had thereupon my Lord is of opinion that an information in the nature of a Quo Warranto will be the most reasonable way of proceeding against the Hollow Sword Blade Company and he approves of the Attorney General's exhibiting the same accordingly. Ibid., p. 95.