Sunday 7 June 1668

(Sunday).

My father, for money lent, and horse-hire, 1l. 11s.

11 Annotations

Robert Gertz  •  Link

If he means John lent him money, let us hope Dad took lesson from son and charged interest of 6%.

Terry W  •  Link

"Let us hope Dad took lesson from son"
Isn't John living off of a stingy £50 per year allowance from Sam anyway? He can't charge for lending Sam his own money!

Jenny  •  Link

From "The Diary of Samuel Pepys, A Selection" selected and edited by Robert Latham.

"My father, for money lent, and horse hire"

I take this as being interest paid to his father on money Samuel lent on his behalf or more simply, paying back money borrowed from his father. I don't think L50 is stingy.

Robert Gertz  •  Link

50? Last I'd heard it was 10 with occasional gifts. I'd imagine though Bess' visit brough summer bounty and therefore was not entirely unwelcome.

Terry W  •  Link

In May 1663 Sam agreed to a £50 per annum allowance for his parents - some as income from the estate and some out of his own purse. It was all typically complicated and is explained in a letter from Sam to John at http://www.pepysdiary.com/indepth/2006/05/17/betw….

arby  •  Link

I'm getting a "page not found" on that link, Terry.

San Diego Sarah  •  Link

Meanwhile, in London, the "good" news continues to arrive:

June 7. 1668
Portsmouth.
B.J. [Ben. Johnson] to Williamson.

The new ship's works go forward, but orders have come to forbear the repair of others.

The work and platform made last year on the town and Blockhouse Point have been repaired, and the guns mounted, which is of great consideration to the security of the harbour.

The Happy Entrance ketch has returned, with the seamen for the Cambridge, &c.
[S.P. Dom., Car II. 241, No. 67.]

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June 7. 1668
Plymouth.
John Clarke to Williamson.

Arrival of ships.
The William and Elizabeth of London, having been 6 weeks in her passage from Barbados,
reports that Bridge Town was partly consumed by fire in 12-¾ hours,
and that Surinam has been given up to the Dutch.
[S.P. Dom., Car II. 241, No. 68.]

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June 7. 1668
Warrant to Sir Stephen Fox
to pay to the Treasury Commissioners, in reward for their great pains — of which the King daily feels the benefit — 8,000/. yearly, the same sum as was paid to the late Lord Treasurer,
which 8,000/. was ordered to be paid to him for secret service,
with the arrears of 6,666/. 13s. 4d. due from 24 May 1667 to Lady Day last past.
[S.P. Dom., Entry Book 30, f. 35.]

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June 7. 1668 - 8 p.m.
Treasury Chamber, Whitehall.
Earl of Anglesey to the Navy Commissioners.

Has money to begin the pay off such ships as are to be discharged of the extraordinary fleet, pursuant to the Order of Council.
Intends to pay first those who have the least due, being those whose men were latest entered, and the hired ships who are at charge for freight.

Will meet the Commissioners tomorrow to resolve on particulars;
meantime requests them to set up in Seething Lane the names of all ships nearest at hand whose books are ready.
[S.P. Dom., Car. II. 241, No. 76.]

8 p.m., and Anglesey wants the Navy clerks to get information ready for a meeting tomorrow?
I trust he means the 9th and not the 8th.
Let's hope Penn's bout of gout is over, and they can get Middleton back to the office in time for the meeting. Is Brouncker still under the weather? Can someone pry Mennes away from his accounts? Hasn't Carteret retired? ... he might be interested anyways. Where's Pepys? Who knows ...

It's up to you, Hewer.

San Diego Sarah  •  Link

I just realized that Hewer is with Pepys.

Might Plan B include Mr. Carkasse??? He works at the Ticket Office and understands paying off seamen.

From bad to worse.

San Diego Sarah  •  Link

June 7. 1668
Warrant to Sir Stephen Fox

I don't understand this bookkeeping system.

Do they have pallets of gold in a cellar at the Tower, with a dept. name over each pallet, and more pallets for the rich "bankers", and every Quarter Day someone gathers all the warrants and tally sticks and moves gold bullion to the appropriate pallet to find out which departments still have some money left?

We know Pepys has to take cash to pay off his loans with his rich "bankers", so were wheelbarrows of gold being pushed around the Palaces for each department to keep?
We know Pepys had to have cash to pay off the soldiers and sailors at the beginning of the Diary, so presumably 8,000/, in hard currency is about to be delivered to Fox so he can pay off his spies?
Surely he sends tallys.

I understand the pallet method is how they do it at the Federal Reserve Banks around the world today, but it's every night, not once a quarter. But now we're off the gold standard ...? That's a quandry for another day and different blog.

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