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The term granted to Mr. Wood for coining copper money is for 14 years only, the quantity for the whole term limited to 360 tons, 100 ton only to be issued within one year, and 20 tons each year for the 13 remaining years; a comptroller is appointed by the authority of the crown to inspect, comptrol, and assay the copper, as well not coined as coined; the copper to be fine British copper, cast into bars or fillets, which when heated red hot would spread thin under the hammer; a pound weight of copper to be coined into 2 shillings and sixpence, and without any compulsion on currency enforced, to be received by such only as would voluntarily and wilfully accept the same"; a rent of 800l per annum is reserved unto your Majesty, and 200l per annum to your Majesty's clerk comptroller, to be paid annually by the patentee, for the full term of the fourteen years, which for 13 years when 20 tons of copper only are coined, is not inconsiderable; these great and essential differences in the several patents, that have been granted for coining copper money for the kingdom of Ireland, seemed sufficiently to justify the care and caution that was used in granting the letters-patent to Mr.

Wood having by the said letters-patent, "covenanted, granted, and promised to, and with your Majesty, your heirs and successors, that he shall and will from time to time in the making the said copper farthings and halfpence in England, and in transporting the same from time to time to Ireland, and in uttering, vending, disposing and dispersing the same there, and in all his doings and accounts concerning the same, submit himself to the inspection, examination, order and comptrol of your Majesty and your commissioners of the treasury or high-treasurer for the time being;" the Lords of the Committee are of opinion, that your Majesty upon this voluntary offer and proposal of Mr.