[From Derby Papers - 1719/61]

[Proposals by Poole and McGwire re new currency]

Derby Papers 1719/61 - misdated as internally refers to 24th June next 1724 thus ?dated 1723 or early 1724 - the coinage which was never legally adopted has years 1721, 1722 and 1723 and on face has the Eagle and Child and the Derby motto Sans changer and on the reverse the thre legs running clockwise with the motto Qvocvnqve gesseris stabit

Poole and McGwire had farmed the customs from 1721..

Proposalls offered to the consideration of the
Honourable The Governer, Officers, Deemsters and Twenty four
Keys if this Isle, that the same may be enacted or passed
into Law as soon as conveniently may be
provided the Right Honourable the Lord of this Isle
approve of the same.

As nothing can advance the trade & so effectivelly make this
country in so flourishing a condition as that means be found
out to make & repair the several harbours & havens of this
Isle, and when the vast expence of our neighbouring kingdoms
are considered in their so cheeffull contributing in every Sea
Poert town, towards making commodious harbours for
carreying on commerce & navigation, it will consequently
follow yt their knowledge of trade & the addition of wealth
that must thereby acrue, are the only springs of their actions.
Therefore yt this country wich lyes so advantagious to trade
and commerce may not loose the ends for wch providence
hath seem'd to assign it, therefore to shew such gratitude
to the Right Honourable James Earle of Derby Lored of
this Isle that the best endeavours may be used to compleat
the same in his days in consideration of his Lordships
most gracious Act of Settlement in the year.
In establishing the inhabitants of this country in tenures
perpetual therefor considering upon such equal measures
as may  be most easy for his Lordship and the prosperity
and welfare of his people, We think no method can be more
conductive to make or repair the several harbours of Castle
Town Derby Haven Douglas Peltowne and Ramsey; than 
by proposing that one shilling on the retailers of every bowl
of malt brew'd by every Alehousekeeper may be rais'd &
levyed by such officer or officers as shall be appointed for
that purpose.

And also yt such person or persons as shall vend & retaile
any wine shall pay five shillings for every hogshead & so
proportionably for every greater or lesser quantity and
two pence for every gallon of brandy so sold or retail'd and
that all ships vessells or boats coming within such ports or
harbours or anchoring within the the same wether laden or
not shall pay one penny for each tun, the said ship vessell
or boate shall amount to besides the usual anchorage
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payable for the same, and their  prescribed sum for goods and
merchandizes exported out of this Islse. To be raise'd and
levyed by the Collector or his Searchers for the use or service
afforesaid. And if any ship leavage ? shall remain over and
above what shall be laid out towards making & repairing
the said harbour. It is offered & proposed that the said
shall be laid out towards building & repairing
bridges and Highways as shall be thought necessary or
such charitable use as the Goverour of this Isle for the
time being John Stevenson of Balladoole esq, John Murrey
of Douglas and Mr Nicholas Christian of Ramsey shall
in their directions think fit and for this Act to continue
for the space of twentyone years and no longer and to
commence from the twenty fourth of June next one
thousand seven hundred and twenty four.

And to prevent all frauds all ships vessells and boats 
arriving in this Isle with an intent to discharge shall
make a true report upon oath at the Custom House
within twenty four hours after their being safely moar'd
in the harbours, what the tunnage of the said ship vessell
or  boate are, the true quantity & qualities of their goods
and their particular marks & numbers upon pain of 
having their goods lyable to seizure wich are omitted
to be reported.

And when we were in the Island about a year ago
we found a general complaint had been made, that
that there was such scarcity of pence & half Pence that the
inhabitants of this Isle could not exchange their money
for common necessaries but at a great deale of pain
& trouble, and the Deputy Governer having
at that time examined what pence and half pence
there was in the Island they found that no more
was in the Island than the sum of forty nine
pound or thereabouts. And the Governer having now
also taken the same method to assertain himself how
much exchange of the said pence and half pence remain'd
in the Isle and finds that no more remains than the
sum of
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Therefore for the more ready exchange of money in
this Isle if his Lordship shall think fit we propose
to coyne the sum of five hundred pounds in pence and
half pence a specimen whereof is herewith shown to
you wth the Eagle and Child on one side  and the motto
of the garter and the three leggs of Man on the other side
with the usual motto thereunto belonging.

And if as at any time any person or persons shall have in
his or their hands the sum of ten pounds of the said pence
or half pence or any lesser or greater quantity and
applycation by him or them made to the Receiver shall
be oblidged to exchange the same in silver or gold without
fee gratuity or reward and if at any time hereafter
an inquiry shall be made what pence or halfpence are
embezled or lost of the quantity of five hundred pounds
that shall be now coin'd, liberty shall be given without
further applycation to the Governer Officers Deemsters
and twenty four Keys that as many pence & half pence
may be coyn'd as shall from time to time compleat
the said sum of five hundred pounds already agreed
to by the said Governer Officers Deemsters & Twenty four
Keys and for preventing any scruple that may arise
that more half pence and pence may be coyn'd than the
quantity before mentioned, it is the interest & meaning
of the proposers or whom they should appoint and shall
so remain until inquiry be made as aforesaid how much
is wanting to compleat the said five hundred pounds
& the Governer & the Twenty four Keys shall be at
liberty if they think fit to send any person or persons
[line partially lost along original fold
 ~~ the Coyning [? C + two descenders clear] performed [initial descender + middle descender + final d clear]]

And that no objection may arise that the said pence
and half pence may not be current after the expiration
of this act, and that they may become budensom to the
Country or a loss to the persons in whose hands they may
remain it is therefore intended that proposers shall issue
such bonds or security as the legislators of this Isle
shall think fitt to indemnify the country & obviate
such objections in such form & manner as shall be thought ?
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reasonable or just by the said Legislators and this be
commenced ? from the twenty forth of June next and
to continue for the space of twenty one years aforesaid.

And it is found by experience in our neighnouring
kingdoms that linnen manufactures are become one
of their most stable commodities and are now so good
in their kinds that the trade with Holland is much
impaired & lessened.

Therefore as the people of this country have a peculiar
genius adapted to spinning and the manufacturing of
flax and hemp we are willing to do what in us
lye so to promote and adavance the measures wch shall
put them in a condition to equal their neighbours
in the said manufactures schemes whereof are herwith
delivered.

And if you can propose what method shall be
more effectual towards the said ends & purposes we
[] commend it to you to put the samein writing that
such may pass into Law and we lay the same
before our most Noble Lord for his passing the
same into Law accordingly.

All these matters we presume may be for the good
of this country and doubt not but his Lordship will
give all due encouragement and protection to such
undertakings as may make you a flourishing and
happy people And as that may be a chief inducement
to it we desire concurrance with all convenient 
[line lost along fold]
wisdom & judgment who are
Yor most humble servants
Josiah Poole
Richd McGwire


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