As the size of the fleet grew, the Admiralty sought to focus the activity of the Navy Board on two areas: ships and their maintenance, and naval expenditure.[23] In fact the post of treasurer was by this stage little more than a sinecure; the main work of his department was carried out by its senior clerk, the Paymaster of the Navy.From the 1650s the board, together with its staff of around 60 clerks, was accommodated in a large house at the corner of Crutched Friars and Seething Lane, just north of the Tower of London.[25] By the early nineteenth century, members of Parliament had begun raising concerns at the cost of Navy Board operations and the obscurity of its record-keeping.By the end of the year it had issued critical reports covering the board's administration of naval pensions, half-pay, revenue, expenditure and debt.In particular, the committee noted the Navy Board had long since abandoned financial controls; that it had instead "established a scale of expense greatly beyond what existed during former periods of peace," and that its operations tended to "exalt its own importance" over the needs of the public service as a whole.[26] The board's internal operations were also found wanting: The ancient and wise control vested by our financial policy in the hands of the Treasury over all the departments connected with the Public Expenditure, has been in a great degree set aside.This Bill was moved by Sir James Graham as First Lord of the Admiralty, who argued that the Boards had been "constituted at a period when the principles of banking were unknown," and were redundant in an era of greater Parliamentary oversight and regulation.
Navy Office, Crutched Friars (the Board's headquarters 1656–1788)