Substantial sums of money had to be issued to officers such as the Treasurer of the Navy and the Paymaster-General of HM Forces.
It was created in 1841 for the Whig politician and former Secretary at War and Paymaster of the Forces Sir Henry Parnell, 4th Baronet.
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But at this point he fell out with Fox, who he believed should give up the Pay Office, and became more closely associated with Shelburne and Pitt, and there was talk that he would be offered an Irish peerage.
In 1710, shortly before his death, Anglesey was appointed as Vice Treasurer, Receiver-General and Paymaster of the Forces for Ireland and was sworn into the Queen's Privy Council.
Through Hyde, he became acquainted with Richard Jones, 1st Earl of Ranelagh, paymaster of the forces, by whom he was appointed deputy paymaster of William III to the army in Flanders during the War of the Grand Alliance, 1688–96.