Lord Cadogan's official report to the Treasury Lords on the problems of Manx copper coinage, referencing a 1766 memorial by Charles Lutwidge. Discusses the overvaluation of Manx pennies (14 pieces = 1 British shilling despite intrinsic worth of only 3 pence), counterfeiting risks, and the potential adoption of English copper coin. Relevant to post-Revestment fiscal and monetary policy.