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JB/001/009/001

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28 Sept 1800 3o 136
Abstract

Note (7) to p. 130.

Ch.
War Loan
(6, (7)
Example function
of the Profit on
Sale

(7.) The difference between this £26,000 000 (the amount
of Stock or Old Annuities taken out into the hands
of Government, and £ the £15,000,000 (the amount
of Note Annuity Notes or New Annuities created for the
raising of the £15,000,000 wherewith the £26,000,000
is thus taken in) may serve to exemplify the profit intitled Profit on Sale: the first
in the abovementioned list of Financial profits advantages stated as resulting
from the increase See Ch. 5.

(7

(7) (8)
Profit on Sale
taken by the
Land Tax Sale

() The interest on the above £16,046,727, affording the amount
to amount being of Stock made over to Government by the purchasers of portions of £481,425; that is to say more, by £43,766,
thence the amount of the Land Tax sold, by the Sale of which
this quantity of Stock was obtained. This £43,766 a year constitutes the
[10 per Cent] direct profit taken by Government in the transaction. by Government over and above the indirect profit by which was the principal object of the measure; and corresponds to the profit
intitled Profit by on Sale in the case of the Note Annuities.
That was 10 per Cent: profit, on the same score, by Annuity
Note paper sold could have been about 57 per Cent.

Note (9) to p. 7 130

(9) Deduct less, by rise of price, to the amount of Sunbury
Fund money employd in buying back, as before, to the same amount of 2 per Cent £4590,000
Remains neat profit - - - - - £320,000

Note (to8) to p. 8. 131.

(8) Deduct less, by rise of price, to the Sinking Fund
as before at 2 per Cent - - - - } £45,000
Remains neat profit - - - - - - £160,000




Identifier: | JB/001/009/001
"JB/" can not be assigned to a declared number type with value 1.

Date_1

1800-09-28

Marginal Summary Numbering

7

Box

001

Main Headings

annuity notes

Folio number

009

Info in main headings field

Image

001

Titles

note (7) to p. 130 / note (9) to p. 130 / note (8) to p. 131

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

f136

Penner

jeremy bentham

Watermarks

1798 a<…>

Marginals

jeremy bentham

Paper Producer

frances wright

Corrections

jeremy bentham

Paper Produced in Year

1798

Notes public

ID Number

9

Box Contents

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