Minute Book: June 1710

Pages 23-29

Calendar of Treasury Books, Volume 24, 1710. Originally published by Her Majesty's Stationery Office, London, 1952.

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June 1710

June 5.
Present: ut supra.
[My Lord directs the issue of] 400l. 16s. 0d. to the [Great] Wardrobe: out of Civil List money: to satisfy what is due to the Duke of Kent in that [Wardrobe] Office [for liveries &c. to him] as late Lord Chamberlain of the Household.
[My Lord directs the issue of] 10,000l. to the Treasurer of the Navy: for wages: out of the Land Tax tallies in his hands: whereof 225l. is to be paid to the Marquess of Carmarthen to clear him to Lady day last [on his flag pay &c.].
[Desire] some of the Directors of the Bank to be here to-morrow morning.
The memorial of Col. Harrison is read. My Lord will speak with Mr. Brydges about it to-morrow morning.
Col. Lundie's memorial is read. My Lord desires Mr. Walpole to move her Majesty that he may be sent back to Portugal and that my Lord Galway may be desired to cause him to be paid out of Army Contingencies according to the pay he had before he was taken prisoner and to provide for him upon the first opportunity in a like post as he last served in.
The case of the Regiments taken at the battle of Almanza with respect to the stoppages for arms is represented to my Lord as a great hardship. My Lord agrees that the Paymaster [of the Forces Abroad] do forbear making the said stoppages till such time as the matter shall be settled and adjusted by the General and the Master of the Ordnance. Ibid., p. 149.
June 6,
Present: Lord Treasurer, Chancellor of the Exchequer.
[My Lord Treasurer] refers General Seymour's memorial to Mr. Burchett to certify what he knows of the allegations.
Sir Henry Furnese and Mr. Brydges are called in. A memorial is read for a month's subsistence in Flanders. Sir Henry says he is willing to give his bills for 30,000l. upon account by this post in part of the said demand provided he may be paid [the equivalent] out of the money coming into the Exchequer for annuities, next after the sums already directed to be satisfied out of that fund. My Lord agrees to this.
My Lord [says he] will order the payment of the Subsidies [to foreign Princes] in a little time: viz. out of the tallies in Mr. Brydges' hands. But before they [the said tallies] are paid to Sir Henry Furnese for [as in repayment for] those remittances Mr. Brydges must enquire and inform my Lord at what discount the said tallies go.
Write to Mr. Morrice by this night's post that there will be occasion to stop in his hands up to the value of 100,000l. of the 200,000l. remitted to him by Sir Henry Furnese in Feb. last for the service of the Forces in Catalonia; because so much [as the said 100,000l.] has been supplied to them another way. And [consequently] he will be drawn upon for the said sum and that therefore he do not [dare to] break into it for any other use whatsoever, lest he should be disabled from answering those drafts. But if any extraordinaries should happen he must draw for them on Mr. Brydges.
Mr. Brydges moves to know my Lord Treasurer's pleasure whether or no he shall take Sir Henry Furnese's bills for Holland at the exchange rate of 10 f[lorins] 6 [stivers] to the £ sterling, in regard the said Sir Henry holds himself accomptable as he has all along done for what the particular bills he remits may produce over and above that rate.
My Lord agrees that Mr. Brydges do take Sir Henry's general bills for those remittances at the rates he will give them "in regard he is always accountable for the produce of the particular bills he takes for answering those general bills, be it more or be it less."
Memorandum to move my Lord in behalf of Mr. Barnes who was distributor of stamped paper at Norwich. Treasury Minute Book XVII, pp. 150–1.
June 7,
Present: ut supra.
The Commissioners of Transports are called in. My Lord agrees to their memorial for 56,217l. 10s. 3d.
[My Lord directs the issue out of Civil List moneys of] 2,000l. to Mr. Lowndes for secret service.
The Chancellor of the Exchequer acquaints the Lord Treasurer that Mr. Walpole and Mr. Windham were here yesterday [with the intention] to have informed his Lordship that at the last attendance of the Commissioners for Stamp Duties although his Lordship did agree that if Mr. Barnes would reside at Norwich he should be continued as distributor of stamped paper &c. or else that Mr. Goddard should be appointed in his stead, yet that the said Commissioners without acquainting Mr. Barnes with this resolution have given their deputation to Mr. Goddard.
My Lord orders a letter to the Commissioners to signify his direction that if Mr. Barnes (as my Lord is informed he is willing) will reside at Norwich he be continued in his employment of distributor and that they revoke their deputation to Mr. Goddard. Ibid., p. 152.
June 9,
Present: ut supra.
Several reports are read and the minutes [of my Lord Treasurer's decisions and replies thereon are margined or endorsed] on them.
[My Lord directs] 500l. a piece to the Regiments of Ile [Earl of Ilay] and Breton upon account of levy money.
[My Lord directs the issue to the Treasurer of the Navy of] 10,000l. more: for wages [of ships] anno 1710: to be issued out of tallies on Land Tax [of the said year].
The Surveyor General [of Crown Lands] will prepare a body of instructions proper for a Court of Survey of all her Majesty's Honors and Manors, in order to be sent to all her Majesty's stewards to be given in charge at the Leets holden for the said Honors and Manors [so] that the presentments may be made thereupon by the Homage. Ibid., p. 153.
June 12. Present: Lord Treasurer.
[My Lord directs the issue of] 300l. more for the work of the Lottery [8 Anne, c. 10]. Ibid., p. 154.
June 14,
Present: Lord Treasurer, Chancellor of the Exchequer.
[My Lord directs the issue of] 9,400l. to Mr. Tailer for [the building at] Woodstock: to be issued out of loans on tin [to be made] by Mr. Edwards. Ibid., p. 155.
June 16. Present: ut supra.
The Gentlemen of the Bank are called in about advancing money on a deposit of tallies on Continued Impositions. They [say to my Lord that they] will consider this.
[My Lord Treasurer] ordered that the [moneys for the] three months intended for the Courses of the Navy and Victualling by tallies and orders on the Malt Act be now applied [thereto].
[My Lord directs the issue of] 100l. more to Mr. Harrison upon account for prosecutions.
[My Lord orders that] 10,000l. in part of 71,841l. 13s. 6d. as in Mr. Bridges' memorial of the 6th inst. be issued out of Annuity money [8 Anne, c. 12].
My Lord resolves that the 100,000l. which Lieut. Gen. Stanhope took up at Berne, and for which he has drawn bills, be answered by the like sum (part of the 200,000l. value lately remitted to Portugal) [which is hereby ordered] to be brought back from Portugal for this purpose and the manner of bringing this back from Lisbon is to be adjusted with Sir Henry Furnese: [further] that the bills amounting to 30,375l, drawn by Mr. Chetwynd on Mr. Bridges and payable to Sir Henry Furnese shall be satisfied and Mr. Chetwynd is to be written to not to go further on with the payments of 20,000l. a month till further order [struck through]. Mr. Bridges is to write to Mr. Mead to forbear drawing any more bills of exchange because Mr. Chetwynd has direction already to draw for 20,000l. a month and my Lord can allow no further drafts beyond the provisions already made for that service. Prepare a letter to Mr. Chetwynd that he do not exceed the 20,000l. a month.
[My Lord directs the payment by Mr. Brydges of] 61,321l. 0s. 6½d. for Subsidies to the Allies, on Mr. Bridges' memorial of the 6th inst.: to be raised out of the tallies in his hands on the Continued Impositions.
[My Lord] ordered a month's subsistence for the Forces in Flanders out of the money coming in of Contributions for Annuities [in course] after the order for discounts is satisfied.
[My Lord directs] 10,000l. more out of the Land Tax tallies in the Navy Treasurer's hands; whereof 6,000l. is to be for bills of exchange [chargeable to the head] of Wear and Tear, 3,772l. 10s. 0d. for victualling bills of exchange and 227l. 10s. 0d. for the Marquess of Carmarthen's flag pay. Treasury Minute Book XVII, p. 156.
June 17. Present: Lord Treasurer, Chancellor of the Exchequer.
Mr. Savery, called in, says he told the Commissioners for Sick and Wounded there was no discount on the tallies lately put into his hands [for the service of the Sick and Wounded].
Write to the Attorney General and Solicitor General for their opinions whether upon the Act of Union and the Act for the Exchequer in Scotland it be in the Queen's power to [issue a commission as in England for survey of the ports or to] alter the ports in Scotland, restrain or (struck through) take away or restrain the privilege of landing or lading of merchandises in any of the ports of Scotland. Write to my Lord Advocate of Scotland to the same effect. Ibid., p. 157.
June 19
[altered to]
Present: ut supra.
[Send word] to Sir John Shaw to be here on Friday morning.
[My Lord directs] 4,000l. upon account to the Regiment of Lieut. Gen. Seymour in part of arrears on the Marines Establishment: and is to be applied to the clearing of the seven Companies [thereof] ordered on Lord Shannon's expedition.
[My Lord directs for the] Duchess of Buccleuch 2,000l. by tallies on tin "if Sir Francis Child will advance the money."
[My Lord directs] 2,500l. for secret service to Mr. L. [Lowndes]. Ibid., p. 158.
June 24,
Present: ut supra.
The memorial of Mr. Baker and Mr. Gosselin is read representing that there remains in their hands 1,025l. 6s. 4d. of her Majesty's share of the prizes and a further 1,300l. (making in all 2,325l. 6s. 4d.) of like money which they compute to be in the hands of John Henley, late Receiver [of the said prize money] and that out of the said money there is still due to the late Principal Commissioners for Prizes [and other [Prize Office] officers] 2,057l. 10s. 0d. on my Lord Treasurer's warrant signed above a year ago for a quarter's salary to 1708 Xmas, of which some of them are in very great want.
Upon consideration thereof my Lord agrees to the payment of the said quarter's salary to the said late Commissioners and their officers out of the said 2,325l. 6s. 4d.
My Lord directs 500l. to Capt. Studholme, to be issued in part of the moneys owing for the works he is about in the roads about Windsor House Park and in the Great Park [at Windsor].
[My Lord directs] 750l. to the Earl of Sunderland for secret services whilst he was Principal Secretary of State.
The Gentlemen of the Bank [are] called in. My Lord says he has been a good while expecting their answer to what he has proposed for borrowing money on a deposit of tallies on the Continued Impositions. Sir G. [Sir Gilbert Heathcote] says the Court of Directors have considered of it and think themselves unable to comply therewith. My Lord recounts to them the many inconveniences the public services will suffer if they should persist in that opinion and that whatever affects or renders the occasions of the Government difficult or uneasy will in its consequences be a disadvantage to the Bank, and therefore my Lord desires them to reconsider this matter and let him have their answer as soon as possible, which they promise to do.
Mr. Walpole [as Treasurer of the Navy] lays before my Lord Treasurer the pressing occasion in his Office [of Treasurer of the Navy] for the following sums:
for Parliamentary tickets 5,000
for Col. Hunter on account of the Palatines 2,000
for turned over men belonging to the Royal Oke 6,000
for [ships'] wages in general 60,000
for the [Naval] ordinary 4,200
for bills of exchange drawn on the Victualling 10,000
My Lord desires Mr. Walpole to endeavour to procure the said 87,500l. from the Bank on a deposit of tallies which remain in his hands, and out of the abovementioned 60,000l. to pay 6,000l. to Mr. Whitfeild for the Marines.
Mr. Walpole, as Secretary at War, acquaints my Lord that he understands that application will be made to his Lordship for the offreckonings of the four reduced Regiments in Spain that were taken at the battle of Almanza, and he proposes that the same may be referred to the Comptrollers [of Army Accounts and] Mr. Brydges and himself and that they may be directed to examine what ass[ignmen]ts out of the said offreckonings remained unsatisfied at the time the said battle happened and what assignments have been since made and whether any clothes were actually provided for the said Regiments or any of them and sent to Spain after the said battle and to what value and also how the said clothes were disposed of: which my Lord agrees to and directs that the references be made accordingly. Ibid., pp. 159–60.
June 30,
Present: ut supra.
Mr. Moses Beranger [is] called in. He proposes to lend to her Majesty on credit of repayment out of the produce of her Majesty's tin the sum of 100,000l., that is to say 40,000l. forthwith and the remaining 60,000l. by 10,000l. a week from this day; at an interest after the rate of 6 per cent. per annum to be payable quarterly [and to be reckoned] from the days of lending to the days of repayment; and to have as collateral security the quantity of 1,600 tons of the said tin delivered to him by the officers of her Majesty's Mint in proportions as the said 100,000l. shall be lent by him at the Exchequer, upon his signing a defeasance that in case 30,000l. of the principal money be repaid to him by Xmas 1711 and 30,000l. more by Lady day 1712 and the remaining 40,000l. by Midsummer 1712 with interest as aforesaid then he the said Beranger, his heirs &c. shall re-deliver or return back to the Officers of the Mint or any other thereto appointed by her Majesty the said tin without fraud or alteration; [and on condition of] my Lord Treasurer on her Majesty's behalf covenanting that in case of non-payment as aforesaid it shall and may be lawful for the said Beranger or his assigns to sell or dispose of the said tin at the best market price that can be gotten for the same or of so much thereof as shall be sufficient to satisfy the principal and interest in manner aforesaid, he or they accounting for the overplus of the said tin or the produce thereof for her Majesty's use [to which proposal my Lord Treasurer agreed and will covenant accordingly]. And whereas the said Mr. Beranger represents that to enable him to comply with this agreement he shall have occasion to deposit the said tin in Holland my Lord consents on her Majesty's behalf that the same shall be transported thither at her Majesty's risque and expense and delivered to such person or persons there as it shall be consigned to by the said Mr. Beranger. But as to the charge of warehouse-room, com[mission] or reward to his said correspondent or correspondents he the said Mr. Beranger is to satisfy and pay the same out of the said interest of 6 per cent. per an. which is to be allowed him for the said loan.
Sir Henry Furnese [is] called in. He prays that [he may be paid] 7,242l. 5s. 0d. due to him for moneys which his correspondent at Lisbon furnished in the year 1708 upon bills drawn from Barcelona for the service of the Portuguese Troops in Catalonia in that year. My Lord Treasurer says he will write to Lord Galway to use all possible endeavours to have the same deducted out of the Portugal subsidy and Mr. Bridges is to write to Mr. Morrice to the same effect, the money being furnished in Catalonia to the said Troops before they were taken into the Queen's pay.
Mr. Brydges [is] called in and his memorial [for money for the Forces abroad] is read amounting to 120,509l. 18s. 3½d. My Lord orders 60,000l. towards the services therein mentioned, out of the 120,000l. which the Bank have agreed to advance on a deposit of 130,000l. in tallies on the Continued Impositions: viz. 36,375l. to Sir H. F. [Furnese] for what is due on his bills of exchange; and _ to Sir T. Janssen on like bills; the rest to Exchequer fees and the other bills of exchange that have been longest due. My Lord also orders out of the said loan by the Bank 20,000l. to be paid to Sir Henry Furnese upon account of subsistence in Flanders and he [Furnese] promises to give bills for that service by this night's post for 50,000l. [and that as regards the full repayment he will wait] till the remaining 30,000l. can be further provided for him.
Sir John Shaw, Collector Inwards London port, is called in. My Lord acquaints him that there is occasion to make many small payments by the Treasurer of the Navy which are very difficult to be transacted in Exchequer Bills; and there being (as his Lordship is informed) about 12,000l. or 14,000l. remaining in specie in his [Shaw's] custody as a deposit for the Duties on Prizage Wines, my Lord desires he will accommodate her Majesty's service by exchanging the same with the Navy Treasurer for Exchequer Bills; and if the cause depending in the House of Lords concerning the said Duties shall be determined against the Crown and the discount of the said Exchequer Bills shall at that time amount to more than the interest that shall be incurred thereupon my Lord promises on her Majesty's behalf that the same shall be made good to Sir John Shaw in such manner as that he shall be no loser thereby:
to which Sir John says he has no objection and will exchange [the said specie for the] said Bills accordingly.
The Directors of the Bank are called in. Sir Gilbert Heathcote acquaints my Lord that they have reconsidered what his Lordship desired of them in relation to the advancing 120,000l. to Mr. Brydges on a deposit of tallies in his hands on the General Mortgage; and that they are come to a resolution to advance that sum in Exchequer Bills upon a deposit of 130,000l. in the said tallies and to be repaid their money within three months with 4 per cent. per an. interest from the day of advancing to the time of repayment and with a defeazance or agreement to be entered into by Mr. B. [Brydges] to authorise the selling the said [tallies] at the time prefixed if the [re-]payments are not complied with as abovesaid: with which my Lord Treasurer agrees.
My Lord having received a memorial from Comte Maffei praying his Lordship to order the two months' subsidy to the Duke of Savoy due May 23 last, his Lordship takes into consideration a proposal dated June 9 instant made to him by Sir Theodore Janssen for remitting the same as follows viz. to give his bill for [on] Turin for 106,6662/3 Crowns at 60 days at 59 pence sterling per Crown of 82 sols each, money of Piedmont: to be paid [back to said Furnese] in Exchequer Bills "or in case your Lordship's occasions do not admit [you] to issue out Exchequer Bills for this service, I humbly offer to take in payment tallies on the General Mortgage anno 1710 now in the hands of Mr. Brydges, payable after 350,000l. [in which case my quotation for the rate of exchanges is to be altered and made] at the rate of 63 pence sterling per Crown; which is upon the foot of 6¾ per cent. difference between the said tallies and Exchequer Bills."
And my Lord agrees to the last part of this proposal for remitting at 63 pence per Crown and to pay for the same in tallies on the General Mortgage and he desires [of Sir Theodore] that the bills of exchange may be sent away by this night's post. Ibid., pp. 161–4.