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[Page 13]
The Courts naturaly deem the Claim to be inadmissible, That they have made themselves into a Company by electing a Provost, that they have some Rules among them which they Consider their bye Laws & Obey & that they have always had a Room in which they meet which that is Calld moneyers hall is admitted.
Under the Shelter of this Real or pretended charter, the moneyers claim to themselves the monopoly of making the money by prescription as they Say, the Right of Executing all Coinages Carried on at the Royal mint & have Refusd to give any account of the profits Obtaind by them, which in many Cases have been so large as to have become burthensome to the Countrey; in the Great Gold Recoinage in 1774 &c the Company of moneyers being 6 in number, Receivd for their share the vast Sum of £104,423.5.3, & refusd to give an account of the Expences they incurrd, which preventd the master from ascertaining whether or not their actual Profits were or were not unreasonable. in the two Last years they have Receivd from the Bank the Sum of £29,000 for the manufacture of Tokens, a Sum much Exceeding, as we are told, that at which Mr Boulton offerd to Contract for the same business,