ABSTRACT
Funds were issued at the Receipt of Exchequer to the Navy Treasurer on his application to the Lord Treasurer and from 1660 to the Treasury Board by warrants from the Treasury. The Navy Treasurer was required to keep a “ ledger or pay book containing all the ordinary and extraordinary payments issued by him,” signed on every
606 PRICES AND WAGES IN ENGLAND page by the Navy Commissioners : this ledger was his discharge for the funds issued to him from the Exchequer. The Ordinary of the Navy covered all expenses of ships in harbour including repairs ; the Extraordinary all costs incurred at sea and shipbuilding. The two branches were kept distinct in the early Treasurer’s Accounts but from 1643 they were amalgamated except in Estimates and Warrants for the issue of funds. Separate accounts were kept for special expeditions and exceptional shipbuilding.
