Minute Book: August 1715

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

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Citation:

'Minute Book: August 1715', in Calendar of Treasury Books, Volume 29, 1714-1715, ed. William A Shaw, F H Slingsby( London, 1957), British History Online https://www.british-history.ac.uk/cal-treasury-books/vol29/pp284-288 [accessed 14 December 2024].

'Minute Book: August 1715', in Calendar of Treasury Books, Volume 29, 1714-1715. Edited by William A Shaw, F H Slingsby( London, 1957), British History Online, accessed December 14, 2024, https://www.british-history.ac.uk/cal-treasury-books/vol29/pp284-288.

"Minute Book: August 1715". Calendar of Treasury Books, Volume 29, 1714-1715. Ed. William A Shaw, F H Slingsby(London, 1957), , British History Online. Web. 14 December 2024. https://www.british-history.ac.uk/cal-treasury-books/vol29/pp284-288.

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August 1715

Aug. 2. Present: Earl of Carlisle, Chancellor of the Exchequer, Sir William St. Quintin.
The Governor and Directors of the Bank [are] called in. They propose that the 910,000l. to be raised [by the Act 1 Geo. I, St. 2, c. 12] by a fund [of 54,600l. per an.] for perpetual interest [by sale of redeemable annuities] at 6 per cent. per an. redeemable by Parliament should be transferable as easily as [Bank of England] Stock. My Lords have no objection provided it can be made practicable.
[Write] to the Attorney and Solicitor General to hasten their report on the petition of Sir William Scawen and the rest of the creditors of Mr. Carleton.
[My Lords direct] 28,846l. 3s. 0½d. to be issued to Mr. Walpole for the several uses of the Troops mentioned in his memorial of this day's date.
Mr. Walpole lays before my Lords a proposal made to him by Mr. Beranger for remittances for his Majesty's Forces at Gibraltar and Port Mahon: viz.
[he offers to give his bills for] 4,000l. for Gibraltar at sight at 54½ pence per piece of Eight [payable] in gold.
5,500l. for Port Mahon at sight at 55 pence per piece of Eight payable in gold.
the value to be [refunded to him or] paid in two months after this date, in [ready] money and if not paid in two months, interest to be allowed after that time.
My Lords agree to this proposal. Ibid., p. 132.
Aug. 4. Present: Earl of Carlisle, Chancellor of the Exchequer, Sir William St. Quintin, Mr. Wortley.
[Write to] Sir Theodore Janssen and Mr. Beranger to be here tomorrow morning.
[Send word to] one or two of the [members of the] Boards of Customs and of Excise to attend my Lords to-morrow morning in relation to their giving strict orders to the collectors of those revenues to return the money of their receipts with all possible care and diligence.
My Lords will be here to-morrow morning at nine a'clock to consider the list of pensions formerly paid by Mr. Nicholas.
[My Lords sign a] warrant for Mr. Arthur Onslow to be Receiver General of the Post Office in the room of Mr. Lilly, deceased.
[Likewise for] Mr. Francis Green in the room of Mr. Blake.
[My Lords order that] the Board of Works are to insert in their reports or estimates from time to time [regarding works or repairs ordered] upon the Lord Chamberlain's warrants [a clear statement] whether the matters therein contained are within the Rules and Regulations established by his Majesty [see infra, p. 493] in relation to repairs or alterations in any lodgings or apartments within his Majesty's Palaces. Ibid., p. 133.
Aug. 5. Present: ut supra.
Sir John Stanley [is] called in. My Lord [Carlisle] acquaints him that the King expects that the house lately in the possession of Mr. Harold should be immediately delivered up for his [Majesty's] service and that if any person has an equitable pretension to be considered for such surrender they must apply afterwards and it shall be represented to his Majesty.
Sir John mentions the case of Mr. Bedford in relation to the rent of the house in which the Muscovite Ambassador now lives. My Lords would be informed who took the house and by what direction and who are the proper officers in such cases to hire houses which are to be paid for by the public.
Two Commissioners of the Customs [are] called in. My Lord [Carlisle] directs them to intimate to the Collectors of the Customs that they should give all manner of encouragement to the circulating of Exchequer Bills in the country by a ready exchanging of them when desired; and also to see that they make due returns of their receipts: which they promise to do.
Two of the Commissioners of Excise [are] called in. My Lord gives them the like charge with respect to the Collectors of Excise.
Mr. Walpole comes in. His memorial [for money for the Forces] is read: and minutes [are] taken thereon [and are endorsed thereon]. Ibid., p. 134.
Aug. 9. Present: ut supra.
Several papers are read and minutes [are] taken thereupon [and are endorsed thereon]. Ibid., p. 135.
Aug. 10. Present: Earl of Carlisle, Chancellor of the Exchequer, Sir William St. Quintin.
[My Lords direct] 500l. to be issued to the Earl of Carnarvon, to be paid over to the Envoy from Portugal in part of the subsidies owing to the King of Portugal.
[The draft of] a letter for [issue of] 15,346l. 4s. 4½d. to the Paymaster of the Works to clear what is incurred in that Office in his Majesty's reign to the end of March last is ordered to be signed. Ibid., p. 136.
Aug. 12. Present: Earl of Carlisle, Chancellor of the Exchequer, Sir William St. Quintin, Mr. Wortley.
The Customs Commissioners are called in. My Lords take into consideration the matter relating to the Duties on imports from Guernsey, Jersey, Alderney and Sark and do direct that the Commissioners do cause bonds to be taken for the Duties till the end of next Session of Parliament and that this order shall relate as well to the stockings, for the Duties whereof bonds were to be taken to the end of this Session, as to the future importations and that the said bonds be renewed and taken to the end of the said next Session. Ibid., p. 137.
Aug. 17. Present: Chancellor of the Exchequer, Sir William St. Quintin, Mr. Wortley.
Mr. Walpole [is] called in. He presents a memorial of the 16th inst. for several sums amounting to 51,908l. 16s. 8d. and also another memorial of this day's date proposing the manner of raising the said money upon the Malt tallies in his hands for the service of the year 1715 in the words following: viz.
May it please your Lordships,
For supplying the sum of 51,908l. 16s. 8d. demanded in my memorial of yesterday for the subsistence and other necessary occasions of his Majesty's Forces as therein mentioned
I humbly propose to your Lordships as followeth: viz. that 20,000l. thereof be raised by disposing of a like sum of the orders and tallies in my hands upon the Malt Duties of the year 1715, allowing thereupon 1 per cent. to make the interest of 4 per cent. already allowed by the said orders answer 5 per cent. for one year:
that I may borrow 10,000l. of any person or persons who shall lend the same upon a deposit of 11,000l. of the said orders and tallies for three months or such time as your Lordships shall think convenient, at the rate of 5 per cent. per an. from the time of lending to the time of repayment.
and that for completing the aforesaid sum of 51,908l. 16s. 8d. I may borrow 21,908l. 16s. 8d. of the Bank of England upon a sufficient deposit of the said orders and tallies for two months at 5 per cent. per an. interest from the time of lending to the time of repayment.
Upon all which I humbly desire your Lordships’ directions.
Pay Office 17 August 1715.
My Lords agree to this proposal and accordingly do direct Mr. Walpole to raise 20,000l. by disposing so much in tallies and orders on Malt anno 1715 now remaining in his hands with an allowance of 1 per cent. to be paid by him: and 10,000l. more by borrowing of any persons on a deposit of 11,000l. of the said tallies and orders, to be repaid within three months with 5 per cent. per an. interest: and [to borrow] the remaining 21,908l. 16s. 8d. of the Bank of England upon a sufficient deposit of the said tallies and orders; to be repaid within two months: with 5 per cent. per an. interest.
The said sum is directed for the following uses: viz.
£ s. d.
in further part of 425,900l. 14s. 6d. voted for Guards and Garrisons in Great Britain and 12 Companies of Invalids and the Forces in the Plantations anno 1715.
to complete the subsistence of the said Forces from 25 July last to 24 Aug. inst. 12,478 19 7
to clear 12 Companies of Invalids from 24 Dec. 1714 to 24 June 1715 764 8 0
to be paid to the Forces now in Great Britain upon account of their pay for the year 1715 to enable the Officers to buy horses, tents and other necessaries for putting them in a condition for service 10,000 0 0
for one month's subsistence from Aug. 24 inst. to Sept. 24 next of the several Regiments, Troops and Companies provided by the said vote 24,700 10 1
in further part of 33,525l. 1s. 8d. voted for pay of the seven Battalions brought from Flanders from 29 Sept. 1714 to 25 March 1715.
upon account of the pay of the said seven Battalions for the said time 2,361 17 0
in further part of 265,754l. 7s. 6d. voted for the pay and levy money of Additional Forces anno 1715.
upon account of the pay of the said Additional Forces 1,603 2 0
Treasury Minute Book XXII, pp. 138–9.
Aug. 23. Present: Chancellor of the Exchequer, Sir William St. Quintin, Mr. Wortley.
[My Lords order a] warrant for the last quarter's salary to the Commissioners for Trade and their Secretary and clerks &c.
[My Lords order a] s[ign] m[anual] for 2,000l. out of his Majesty's Civil List money: to be paid to the Lord Almoner to be distributed.
Mr. Walpole comes in. His memorial is read for 16,098l. 17s. 8d. for several services of the Forces therein mentioned; which sum he desires he may have orders to borrow of the Bank upon a deposit of tallies and orders on the Malt Duties anno 1715.
My Lords do agree on his Majesty's behalf that if the Bank of England will advance to Robert Walpole, Esq., the said sum of 16,098l. 17s. 8d. for the service of the Forces under his pay upon a sufficient deposit of the tallies and orders of loan of the Malt Duty pro anno 1715 remaining in his hands, the same shall be repaid within two months from the time of lending together with 5 per cent. interest. Ibid., p. 140.
Aug. 26. Present:ut supra.
[My Lords] ordered 22,741l. to the Cofferer [of the Household] upon [reading] his letter of the 5th inst. with a computation enclosed signed by two of the Board of Greencloth; [and is] to clear the whole expense in the Cofferer's Office for the quarter ended at Midsummer last 1715.
Upon reading a letter from Mr. Secretary Stanhope signifying his Majesty's pleasure that 500l. be paid to such person as my Lords shall think fit, to pay in the first place the charge of the funeral of Don Bentura de Zary, Ambassador from the Emperor of Morocco, and the rest towards discharging his debts, my Lords do order that Mr. Room, the undertaker, do take care of the said funeral in the most decent manner that may be, yet so as that the whole charge thereof shall on no account exceed 100l. which he is to be paid by the hands of Mr. Lowther.
Also upon reading another letter from Mr. Secretary Stanhope of the 24th inst. my Lords direct Mr. Lowther to pay a sum of 65l. to Mr. Dumaresque, Lieutenant Governor of Jersey, [for so much] expended for his Majesty's particular service, pursuant to his Majesty's pleasure signified in the said letter. Ibid., p. 141.
Aug. 30. Present: ut supra.
[Write to] Mr. Cracherode to attend about Mr. Grey Nevill as security for Mr. Redpath.
[Write to] Mr. Beranger to attend to-morrow morning with Mr. Elliott.
[My Lords direct] 3,000l. to be issued to the Treasurer of the Navy, to be paid over to Sir Roger Mostyn upon account for disbanding the 38 Marines of Col. Holt's Regiment of Marines. Treasury Minute Book XXII, p. 142.