Search over 450 titles and 1.2 million pages
now got, every two Men must get above a Tun by Week to make them Wages; but at the rate of one Tun a Week, the 600 men will raise three hundred Tuns by Week, and at fifty Weeks fifteen thousand Tuns £ by the year; this Charge of getting is 06375 Carriage to the River Dovey at 5s per Tun 03750 (about 5 miles) I 2d per Tun by Water, and for Landing it into the Storehouses at the Port of Aberdovey 00750 Fifteen thousand Tuns of Oar will make ten thousand Tuns of Lead, smelting of this when our Mills are up, at 15s. per Tun 07500 Charges 18375 Ten Thousand Tuns of Lead at 91 per Tun 90000 Charge of getting, washing, and smelting 18375 Sinking Shafts, and incident charges 1125 Clear Profits 70500 Waller, for many years a leading figure in the management of the Cardigan- shire lead mines, states that he was first introduced to the district by Phillip Bickerstaffe who invited him in 1691 to visit Esgair Hir mines and draft a plan for working them. Then in May 1692 he (Waller) agreed with William Powell, on behalf of the company, to manage the works at a salary of £ 250 a year. 'But', he argued, 'these first partners rais'd no stock for one year', and so, in order to induce the partners to the required capital, Waller made public the above calculation. However, several unforseen difficulties appeared, not the least of which was the death of Sir Carbury Price, in May 1694. He had expended large sums of money on his law suits with the patentees of the Royal Mines. It does not appear that the original partners had fully assessed the cost incurred by such necessities as driving levels, sinking air shafts, building smelting houses, etc., which do not of themselves produce a profit. Then before all these had been secured, and the mines became fully productive, differences arose between the old and new part- ners. Officers, stewards, and miners were left unpaid, and many of them were forced to leave the works. The presence of water in the workings, and the accumulation of debts amounting to about £ 15,000 soon revealed the lack of efficient control. After Sir Carbury's death one difficulty after another beset the company, until August 1698, when Sir Humphrey Mackworth arrived to rekindle the hopes of all and sundry. (to be continued) DAVID JENKINS. 1 Waller, W., The Mine-Adventure laid open (London, 1710), pp. ii-iii.