JB/002/195/001

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25 August 1800 + 11 97
17 Annuity Notes
Abstract

Advanced Finance
Period II
14
£436,000 000 Total amount
of the profit

Text
Present amount of the capital of the redeemable part )
of the National Debt: including Loan of 1800, £32000,000 ) Annual and Emperor's Loan £7,502,000: but not 1 note )
Annual nor [+] [+] nor Stock capital redeemed; £436,507,237: say- charges of management undiminished by redemption )

Annual Amount of First profit by )
reduction from £3 per cent to £2:19 )
interest upon the above capital expressing ) £218,000
the whole to bear no more than (reclusion of profit by reduction from 4 & )
3 per cent 5 per Cent, as per separate account following )
at £500 per Million. )

Deduct profit on the portion of Debt redeemed )
during Period I — say — at random 36 million ) £18,000

Remains amount of annual profit being by proportion by reduction from £3 )
difference of interest to £2:19 per cent, at the commencement of during Period II, but ) £200,000 (a) (a) Note (a) at bottom of this page
diminishing, as the amount of the Debt )
diminishes — — — — — — )

396,819,604
Empire 7,502,633
32185,000|
436,507 237

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Note (a) to p.97.

(a) Also According to Art.21 of the plan (Ch. 1) we
propose as often as any upon portion of Stock redeemed
by the Commissioners is
in order to preserve the powers of the Sinking Fund
undiminished, as soon as any portion of the Stock
annuities, the interest of which has been subjected
to any reduction, comes to be redeemed, if the
so long as the Capital interest is not extinguished, but
kept entire on their hands, for the purpose to be
employ'd in continuing the redemption, the amount
of the reduction, upon this portion of Stock, will
be immediately to be replaced.

End of Note

Identifier: | JB/002/195/001 "JB/" can not be assigned to a declared number type with value 2.
Date_1	1800-08-25	Marginal Summary Numbering	14
Box	002	Main Headings	annuity notes
Folio number	195	Info in main headings field
Image	001	Titles	note (a) to p. 97
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	d11 / f97
Penner	jeremy bentham	Watermarks	<…>m 1798
Marginals	jeremy bentham	Paper Producer	frances wright
Corrections	jeremy bentham	Paper Produced in Year	1798
Notes public		ID Number	934
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