Outlines his history with the Mint, including his promotion to Chief Engraver in 1817. Claims he was promised a pension at this time. Reports that the Treasury declared there were 'insurmountable difficulties as [BP] was a foreigner and a Catholic ...' in obtaining the original pension granted. The pension was then reduced from £500 to £350. Complains that his son was not granted the apprenticeship promised him. Outlines all pension plans proposed by the Treasury and why they are inadequate.