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A67366 An essay on the value of the mines, late of Sir Carbery Price by William Waller, Gent ... Waller, William, Gent.; Pryse, Carbery, Sir, d. 1695. 1698 (1698) Wing W552A; ESTC R13385 24,202 82

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AN ESSAY ON THE Value of the Mines LATE OF Sir Carbery Price By WILLIAM WALLER Gent. Steward of the said MINES Writ for the private Satisfaction of all the Partners LONDON Printed in the Year MDCXCVIII THE Epistle Dedicatory TO S ir HUMPHRY MACKWORTH CHAIRMAN And now Standing in the Place of EDWARD PRICE Esq and late of Sir CARBERY PRICE AND TO The most Noble his Grace the Duke of LEEDS The Right Honourable the Marquess of CARMARTHEN The Right Honourable Pawlet Earl of BULLINGBROOK The Right Honourable James Lord Viscount LANESBOROUGH The Right Honourable William Lord Digby The Honourable Sir Humphry Edwin Knight Lord Mayor of LONDON The Honourable Hatton Compton Esq AND TO The Honoured the Lady Ann Cholmley Mrs. Mary Cholmley Mrs. Bridget Pesball Mrs. Jane Bickerstaffe Mrs. Ann Hill Mrs. Elizabeth Lloyd Widow Mrs. Eliz. Lloyd Spinster Mrs. Lucy Wright AND TO The Honoured Sir Thomas Mackworth Bart. Sir John Price Bart. Sir John Morden Knt. Sir Charles Bickerstaffe Knt. Sir Christopher Wren Knt. Sir Paul Whitchcot Knt. AND TO The Honoured Edward Price Esq Henry Farmer William Powell Edward Nicholas Bulkley Mackworth Philip Bickerstaffe Arthur Moore Henry Lloyd John Meyrick John Pugh James Blake William Freeman Samuel Trotman William Nicholas Joseph Short Rich. Stephens Geo. London Hen. Simons Hen. Grove and Joh. Wodehouse Esquires AND TO Mr. John Oldbury Thomas Phips Senior Paul Docminique Whitfield Hayter Anthony Forty William Wolley Thomas Phips Junior Richard Chancy Richard Curtis Thomas Fredericke Gabriel Glover John Glover Thomas Jeve John Thrale Nathanael Troughton John Newland John Preston Edward Grace John Hayword James Hallet Merchants present PARTNERS of the said MINES HAving had the Honour to be employed in the Management of these Mines of Sir Carbery Price for six Years last past and being much concerned to see so great a Treasure lye dead and unwrought meerly for want of a Stock and a right Constitution for the Management thereof and finding some of the Partners unhappily engaged in Differences and Law-suits amongst themselves and no probability of any Reconciliation or the Works going forward without the Assistance of some Publick-spirited Gentleman who both understood the Art of Mining and also composing of Differences I thought it my Duty and Interest to make an Enquiry if possibly I could find out such a Person who would Purchase the Shares late of Sir Carbery Price and heartily Engage for the Publick Good But when all the Qualifications are considered that were necessary to be found in one Person upon this Occasion I presume your Honors will be much enclined to believe that I undertook no very easie Task For when I met with an honest Gentleman I generally found that he was very unskilful in Matters of this nature and either unable or fearful to Engage in so great an Vndertaking and when I met with a Gentleman who had any Knowledge of these things I presently perceived that he was for grasping at all and instead of being willing to grant any thing for the publick Good was still for getting more for his own particular and private Advantage So that upon the whole Matter I found that some had Money but no Skill others had Skill but no Money some again had both Skill and Money which was very rare but yet wanted that generous and publick Spirit that was necessary in this Case and where-ever I found a Person who was well disposed in the general and well qualified in other Respects yet he either wanted Courage to venture so great a Sum of Money or Judgment to understand the present Constitutions of the Company and how to amend them for the publick Good But at last when I was in a manner in Despair and had given over all hopes of Success it was my fortune to Travel to Neath in Glamorgan-shire where I had the favour of being admitted to see the Copper-works and Coal-works of Sir Humphry Mackworth and having observed his new Contrivances in the Management thereof which were more than I had seen before in any part of this Kingdom and taking notice of his Judgment in Matters of Law and also of his frank and generous Disposition for the publick Good and that he was by no means of a covetous or grasping Temper but took delight in the Advantage he brought to others especially the poor Miners and Labourers as well as in the Gains he got for himself I presently concluded that he was the fittest Person I knew to set the Wheels a going with us in Cardiganshire and I humbly conceive your Honors would all be of the same Opinion if it were lawful for me to discover the several Emprovements I observed at his Works many of which being yet kept as Secrets I must forbear to mention But his new Method of Coffering out the Water from his Shafts and Sinking-pits and thereby preventing the Charges of Water-engines and also recovering a large Vein of Coal by that means which was in vain attempted by other Artists and his new Sailing-waggons for the cheap Carriage of his Coal to the Water-side whereby one Horse does the Work of ten at all times but when any Wind is stirring which is seldom wanting near the Sea one Man and a small Sail does the Work of twenty which are publick do sufficiently shew what his Genius is capable of in Matters of that nature And I believe he is the first Gentleman in this part of the World that hath set up Sailing-engines on Land driven by the Wind not for any Curiosity or vain Applause but for real Profit whereby he could not fail of Bishop Wilkins's Blessing on his Vndertakings in case he were in a Capacity to bestow it But I must beg leave not only to mention these things which however others may justly Value I know he is pleased to esteem but as accidental Trifles that fell in his way but also to take notice of his prudent Methods for reducing all his Vndertakings to a Certainty free from Hazard his Copper-men working by the Tun and his Colliers by the Weigh at a certain Price which is constantly and punctually Paid whereby as no Fraud can happen to himself without a Combination of all so good Encouragement is given to the Workmen to be Careful and Industrious for their own Interest as well as their Masters not to mention the convenient Scituation of his Copper-work which is such that his Men may run the Coal with Wheel-barrows into the very Furnaces and bring the Oar by Water within a Stone 's cast of the Work nor his Prudence in securing Partners who had quantities of good Copper Oar to be smelted with his own Coal before he began his Copper-work whereby the Necessity of raising a great Stock keeping many Agents and Stewards at great Salaries in several Counties and great Hazards of bad Bargains and bad Oar with many other Inconveniencies incident to other Vndertakings of that kind were all prevented and not only a great Profit made of the Copper but