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[=74] Huntington Library EL2338 (bifolium, 285mm x 210mm).

The Tyne whiche ys yearlye transportedes, come to Twelue hundred thowsand pounde weyghte and sume threscore thowsande over. As beinge caste into Blockes doothe plainle showe.

for everye Blocke beinge thre hundred and fyftie pounde weyght, and Threthowsand syxhundred Blockes, yt comes to the same number of pounde weyght whiche ys transported.

The Tyne whiche ys spent in the realme, comes to a forthe parte at the least whiche ys threhundred thowsand pounde weyghte.

So that the whoole quantetie of Tyne ys fyftene hundred thowsande pound weyght.

This Tyne ys bought vp by the marchant, as shale appeare to yowre Magestye by the yerlye Memoriales of the coynages, which I have sent yow in a seduel by yt selfe, most commonlye at twentye, twoo and twentye, and thre and Twentie poundes in monye, for a thowsand pounde weyght of Tyne.

And in those yeares wherin yow shall see hygher prizes [=prices], then was yt raysed by the Marchantes themselues, eyther to take occasione buy [=by] buyinge derer att home to rayse the price more commodious to themselues abroode vnto strangers, or when they fearede, that yowre Magestye, consideringe the rychnes of thys commodite, by yowre prerogatiue was leke [=like, likely] to take the preemptione to yowre selfe, and so make yt yowre owne. As for example in thys remembrance of yeares, yt appeares: in thre coynages, which was at that tyme when fyrst I enterprized to reveale this commodite vnto yowe the yeare 1595, and the fyrst Coynage in Midsummer anno 1596, they reysed the [.]prises to thyrtie one pounde ten shyllinges the thowsand, thes yeares, they sowld Tyne in Turchie at eyght pound the hundred, and so they doo continuallye every yeare, except sume yeares they carrie so great a quantetye as they make a glutt as they terme yt, wherby they are fayne to abatte [=abate, scale back] there prizes and sell it for seven pound ten shyllinges, and seven pounde. But then they recompence thys abatement wythe the pryses to vs of suche commodites as they returne. But so sone as they found yat yowre Magestye dyd not goo forward at the very next coynage in the same yeare anno 1596, at the Michelmas coignage they browght yt doune to twentyefowre pound ten shillinges, the next yeare sum feare conceyved agayne of yowre Magestyes procedinges they raysed yt to Twentie syx [thowsand] \\pounde//, but since deliuered of yat dought, they have diminished at every, coynage the prise so yat this yeare yf the dout agayne be not renved [=renewed] I know they are determined to sett the prize at Twoo and twentye pound the thowsand pound weyght, agreable to the most common prizes of former yeares.

I will therfore Account to yowre Magestye the commodite what yt comes vnto, and what benifite yt wilbe to yow, after the ratte of fyftene hundred thowsand of Tyne conteyninge the whole sume bothe of that twelve hundred thowsand pound weyght whiche ys transported, as of that threhundred thowsand pound weyght which ys spent at home.

And for the prise, I will take that whereto the marchantes of Tyne and the Contrie have agreed and by contract, giuinge counterbondes on [=one] to the other, have all redie gladly [agreade] \\consented//. This was done when the Compagnie of Pewterers fyrst commenced there sute, for the halpennye in the pounde for castinge the Tyne into Bares.

And the reasone wherfore thys was done, was to have easier passage in there sute, knowinge yat when they could show the consent of the contrie, and the agrement of the Turchie Marchantes, the sut wowld seme more resonable, As a thinge profitable for the whoole Realme, settinge many pore people || of yowre Magestyes aworke, to the number of thre thowsand persones.

But where the serpent lay hyde in the herbe, they never thowght showld be perceyved, for whearas they pretend yt showld norishe thre thowsand pore people which herby showlde be sett a worke, I can assure yowre Magestye, yt ys but the worke of thre score persones, which the compagnie vsethe in seuerall places, as in sume twentie in other Ten and fyftene, and as the conveniencye of places requyrethe. and for the generall Benifite to yowre Realme, yt ys contrarie, for the whoole Commodite runes to fyve or six which are the Master and wardens of the Compagnie. And as for the Detrement which yt importethe to yowre Magestye concernes, yowre whoole profite which ys to redound vnto yow by this Commodite.

for in grauntinge them a halpenny a pounde for castinge in to Bares All suche Tyne as shalbe transported, yowre Magestye giues them Eyghtandtwentye hundred poundes of [=a] yeare which yowre maiestie with great facilite may put into yowre owne cofers.

In grauntinge to them there heyers and successors, that they shall have the authorite of settinge the prises and that none shalbye before them, without ther leave, in thys yow graunt away for that commodite [yow the] yowre preemptione, which by Prerogatiue without contradictione ys yowre owne. wherbye herafter when yowre Magesty may be certeynly informed how great a commodite yow may make yt vnto yowe, then yt wilbe to latte [=too late], havinge barred and excluded yowre selfe, by this yowre graunt to the Pewterers, to make any profite theareofe, yf so yow showlde be disposed.

In grauntinge them ther desyre in buyinge to continue the vsuall prise which ys nowe by this they shall pull frome yowre Magestye fowre thowsand pounde a yeare. so that the very sute of the Peuterers harme yowre Magestye and hynder yow, [syx] Syx thowsand and thre hundred pounde a yeare.

And now I have giuen yowre Magestye the knowlege theroffe I will by Account as playnle as I can and briefly sett downe whatt commodite thys matter of Tyne may be raysed vnto. To the Intent when yow se yt playne\\lye// proued and sett downe, that yt cannot be contradicted, then yowre Magestye may proceede accordinge to yowre plesure.

If yowre Magestye [buye thys Tyne,]

Take the Preemptione of thys commodite then as the very Merchantes, Pewterers themselues and all suche as have obscurde frome yowre Magestye this matter, have confessed, and must acknowlege agayne vpon the truthe. That yowre Magestye bwyinge at fowre Marke the hundred and sellinge at foure pound, yow gayne in everye hundred pound weyght fowre Nobles.

In every Blocke of Threhundred and fyftye pounde weyght, fowre poundes, thyrtene shyllinges and [eyght pence] fowrepence.

In everye hundred Blokes, fowre hundred threscore sixe pounds, thyrtene shyllinges and forpence.

In a Thowsand Blokes fowre thowsande syxe hundrede threscore [and] syx poundes and thyrtene shyllinges fowre pence.

In thre Thowsand Blockes foortene thowsande and one pounde.

The syxe hundred Blockes more over are Twoo thowsande eyght hundred poundes.

The thre hunderd thowsand pound weyght whiche ys spent in the Realme, ys fowre thowsand pounde.

The whoole sume then ys Twentie thowsande eyght hundred pounde. ||

But I see noo reasone why yowre Magestye showlde bvy [=buy] at fowre Markes the hundrede sythe the Tynners to have fowreandtwentye pound certeyne everye yeare, fore [=for] one thowsande pounde weyght of Tyne, have gladlye and willinglie [accepted] consented to the Marchantes and Pewterers thinkinge yt a great happines to have a certeynte, beinge aboue the ordinarye prize. Yf to the Marchantes then they have so willinglie assented how muche more willinger [sic], dothe dutie and loue [=love] bynde them to accept yt frome yowre Magestye.

To buy then as hathe bene sett downe afore for fowre markes the hundred ys after sixandtwentie pound and a Noble the Thousande.

To buy after fortye eyght shyllinges the hundred weyght ys Twentye fowre pounde the thowsand pounde.

Then yowre Magestye sellinge at fowre pounde the hundred as yow dyde before yt ys fortye pound the thowsande.

In whiche fortye pounde ys gaynede syxtene pound declaro.

The contrie herbye hathe his Twentie fowre pound for the thowsand pound weyght

And to the Marchant whyther her Magestye payes fowre Marks or eyghtanfortye [sic] shyllinges yt ys all one for he howsoever, ys to pay after fowre in the hundrede buyinge yt of her Magestye beinge now made her owne Commodite, which ys a Ratte that they them selues have allowede, and offerd to be administer in yf the sute of Pevterers myght goo forward.

But yf yt may be so easlye borne, vpon suche a conditione, yt may be aswell without yt, for yt ys not fytt a societe of Pewterers showlde be partners or sharers with the prince.

So yat by thys way in every hundred ys gotten Thyrtye twoo shyllinges.

In every Thowsand, syxtene pounde declaro.

Then the Preemptione of fyftene hundred thowsand pound weyght yeldes clerly to yowre Maiesties cofers fowre and twentie thowsand pounde in monye.

And thys ys vpon the Tyne as well spent within the Realme as yat whiche ys transported, wherfore twopence imposed more vpon that which ys Transported, which ys Twelve hundred thowsand pound weyght of Tyne, comes to Tenthowsand fyvehundred pound of mony more.

The whoole sume then whiche yowre Magestye may make of this Commodite, ys Fowre and thyrtye thowsande fyve hundred pound a yeare more then yowre Magestye hathe hadde hetherto.

Reasones for the Impositione of the Halpennye.

fyrst thys Commodite hathe never bene raysede, but as yt was in the Tyme of Henry the seventhe: so standes yt at the same prise. And yt ys to be considerede that twoo shyllinges then wass as muche as foortene shyllinges now, and so proportionablye twoo pence to foortene pence [more].

Secondlye by the example of other Commodites: As Clothe was at fowrtene pence a clothe, custome owtwardes, And yt wass put vppe to the Subiect a Noble; To the stranger a marke. Thys wasse a Commodite wrowght. And Tyne is vnwrowght; yet caried owte of the Realme, payinge but fyve grotes custome. Wyne wass at twoopence a quarte, and now ys at eyghtpence. Suger at a grotte a pounde fortye yeares agooe and now yt ys at twentye pence. Yet[he] clothe, wyne, and suger, as easlye sowlde, and as fast bowght at thys present as then.

Thyrdlye the Twoopence ys not raysed on the subiect but the stranger, whoo yf he maye have owre Tyne at thes Rates and owre leade, he hathe yt better chepe, then we have the wynes, yf we showlde pay but a grote a quart, and the suger at twelve pence a pounde. ||

forthelye in consideratione of the great gayne the Marchante makethe of thys Commodite sythe in Turchie he sellethe yt for eyght pound the hundrede, wherfore her Magestye may well impose thys Twopence whiche commethe but to sixtene shyllinges and eyght pence, the hundrede where he gaynethe eyght pound, and he beinge raysed here may at his plesure rayse yt there agayne vpon the Turches. wherby her Magestye hathe gayne, [and] the Marchant no losse, nor the subiect cause to be grievde.

fyftlye by comparisone, yf clothe beinge at foortene pence a clothe was put vp to the subiect at a noble, and to the stranger at a Marke, beinge a Commodite wrowght. Then Tyne beinge a Commodite vnwrowght, may well be put vp a grotte, to the subiect, and thys twopence more may be imposed vpon the Marchant whiche transportes yt. And the grote ys not full so muche for in thyrtye twoo shyllinges which ys gayned in the hundred yt wantethe syxtene pence of a grote, in a pounde. So yat The Tyne which ys now bowght at sixpence farthinge vnwrowght and eyght pence wrowght, may well be reysed to nyne pence or tenpence after the examples a fore layd downe and all other Commodites consequentlye.

This beinge therfore knowne vnto yowre Magestye yf yow have any intent to benifite yowre selfe, Then have yow the choice of twoo wayes, wherbye to effect the same. & that ys eyther by Preemptione, or Impositione.

Preemptione requirethe a stocke, whiche eyther must be made owte of yowre owne cofers, or be taken vpp, in allowinge Ten in the hunderd for the same.

The fyrst draves [=draws] in wythe yt a charge, by reasone of the Carriages, porters, kepers of Bookes, and suche other difficulties, as are appertinent.

The second hathe thes difficulties also, besydes the interest monye whiche must be allowede.

The last waye therfore I take to be best for yowre Magestye whiche ys the Impositione, for yat yt ys the easiest, rediest, and most gaynfull.

And sythe the end of eyther way ys all one, that way whiche dothe best effect that end I take to be preferrede.

By Preemptione therfore yf yow bwy att fowreandtwentye pound the thowsande whiche ys eyghtandfortye shyllinges the hundred, yowre Magestye gaynes in every hundred as hathe bene sayde twoo and thyrtye shyllinges, in every thowsand, sixtene pounde.

The same yow gayne By imposinge Twoo and thyrtye shyllinges vpon the hundrede, and so yt ys all one and comes to one effect. but the fyrst way ys lesse profitable by the deductiones. This way cumes [=comes] clere without any diminutione, of the sume of fowre and thyrtye thowsand and fyve hundred pound as before sett downe, and yt makethe nott Tyne full a groot [=groat] dearer then yt ys, but may be very well sowlde and bought for nynpence or tenpence a pound, accordinge to tract of other Commodites whiche have bene raysed. And the Marchant that transportethe may verye well pay his twopence vpon every hundred weyght, which ys but sixtene shyllinges and eyght pence in every hundred weyght, whiche they sell for eyght pounde, to the stranger. and yf yt be raysed to them here at home, they can reyse yt so muche more to them abroode.

Endorsed on left edge of first page: for the Queens Maiestye

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