STATE PAPERS. 



4+1 



out of each pound weight troy of 

 silver coin lieieafter to be conieil, 

 for the cliarge of brassage and 

 seignorage ; nnd that the luouey 

 receixed for tlie same sliould be 

 applied to the pablic service, in 

 discliiige of the interest of the 

 sum expendeil in the election of 

 the new Mint, and in defraying 

 tne general expenses of tlie mint 

 estabhslnnent. In thus stating 

 tue numOer of pieces to be struck 

 fioni each lujund of sihei', and 

 the amount of the sum lo he de- 

 ducted for brassage and seignor- 

 age the conanitiee ha\e, to the 

 best of their juilgment, endea- 

 voured to fix on such a rate as 

 Mill on the one hand be suffi- 

 cle .tly high to protect the new 

 coins, by a small increase of tlieir 

 nomi lal v-due, from the dinger 

 of being melled down and con- 

 verted into bullion when the mar- 

 ket price of silver i ise^ ; while, 

 on the otlier, it will, they trusty 

 not be found to be so low as to 

 afford any encouragement to the 

 issue of counterfeit coin, if the 

 m;u"ket price of silver should fall. 



Sslioidd your Royal liigness 

 think tit to adopt the phui which 

 the committee liave tints recom- 

 mended, they think it would be 

 advisable that a sum of not less 

 than '2,500,0001. in silver coin 

 should actually be coined, before 

 any issue of m w coin takes place ; 

 viz. 2,000,0001. for the use of 

 Great Britain, and 500,00 Jl. for 

 the use of Ireland. 



It will, howevei', be necessary, 

 before any further jtrogress can 

 be made in the e.vecution of a new 

 .'•iher coinage on the above prin- 

 ciples, that the legal prohibitions 

 against coining any silver coins 

 of the realm, or altering the 



weiglit of such coins, arising out 

 of the acts of 18 Charles II. 

 ch. 5 ; 7 and H William III. ch. 1, 

 sec. I and 2; 14 George 111. ch. 

 42, sec. 1 ; 38 George fll. ch 59, 

 sec. 2, should be repealed; and 

 with this view, the committee 

 take leave to recommend, that in 

 the bill to be proposed to parlia- 

 ment provision should be made 

 f(jr the removal of those prohibi- 

 tions. W'hen that shall have been 

 effected, the committee will pro- 

 ceed humbly to recommend to 

 your Roval Highness the regula- 

 tions which they conceive wdl be 

 necessary with respect to the 

 time and mode of calling in the 

 siher coins now in currency; as 

 well as with respect to the allow- 

 ance (if any) to be matle hereafter 

 for reasonable wear, in each de- 

 nomination of the proposed new 

 coins. The conuiiittee think it 

 right, however, now to state as 

 their opinion, with res]iect to the 

 silver coins at piesent in circula- 

 tion, that it should be proposed 

 to parliament to authorize his 

 Majesty, whenever he shall see 

 fit to call in .-^uch silver coins, to 

 direct that all such pieces as s'^all 

 be jiulged by the officers of the 

 Mint to liave been actually coined 

 in his Majesty's Mint, should be 

 received by tale, and that the 

 holders of the same should receive 

 in leturn an equal value by tale 

 of the new silver coins. 



Report from the Select Conuiiittee 

 on Tithes. 



1. Resolved, That it is the opi- 

 nion of this comnnttee, that it is 

 expedient to enable ecclesiastical 

 proprietors of tithes to grant 



leases 



