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Figure 6 \dividual warrants was often counted in years. Payment wastherefore frequently delayed or a similar length of time. Various methods were employed by ironmasters to overcome 1is delay as cash flow problems could seriously jeopardise the viability of an ironworks. hey would apply for the cancellation of a warrant, and the issue of a warrant of justification or those guns already received; then askfor a newwarrant to cover the uncompleted part f the original one. The Crowleys attempted a more underhand method in 1750. They asked or warrants for small numbers of guns, having failed to complete earlier warrants for irger numbers. They then claimed that the guns subsequently delivered were to complete ve later warrants, thus ensuring earlier payment. This “most barefac’d fraud” was nmasked when their warrants were called in and discrepancies of more than a year were iscovered.” During the Seven Years’ War, such was the Board’s demand for ordnance, everal gunfounders were able to ask successfully for cash payment rather than the ebentures the Board usually made payment with. In 1759, the Board received a etition from Fuller, Harrisons’ and Churchill asking for six-monthly payments to vaintain the gunfounders’ cash flow, or, failing that, interest on their outstanding ayments of 4%. The Board offered some unspecified relief.’° After the war, the oard allowed William Bowen several imprests in part payment prior to the ompletion of orders.’’ The Carron Company, heavily committed financially because of 1e scale of its orders, was able to benefit from a similar arrangement. '®
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