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JB/002/225/001

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22 Sept 1800 + 127

2d 3d Assembly Ch x. War War
4 From the profit by raising the price of Stock to Loan Subscribers must be deducted the loss by raising it to the Sinking Fund
Were it not for the operation of the Sinking Fund,
the profit on this account would be so much char:
but, inasmuch as, to the extent of the purchases Stock purchased
of Stock made in the year by that Fund, Government
loses exactly as much as it gains on the sales
Stock sold in that same year in the way of and by the Loan,
the amount of the loss by the purchase must will be always to be deducted,
from that of the sale profit by the sale: (a) (a) Note Illustration (a) Note at bottom of this page as thus
Profit 1 p on £20,
Profit at 1 per Cent profit a 20,500,00 Loss a 4,500,000 First year of with profit
To

Note to p. 127.
(a) Money raised by Loan of 1800. + + 39 & 40 G.3. c.22 dated 10th March 1800 contracted for
232d Feby 1800. # # Times 22 Feb. 1800. . . . . }£20,500,000

Deduct Income of the Sinking Funds on the 24th of
March 1800 exclusive of the dividends on the Stock produced
put in the hands of the Commissioners by the Sale of the Land Tax || || HCommon's Finance recounts 1800 No v1 dated 24 March 1800. . . . . }£4,649,870

Deduct. Remains amount of money on the
which the profit by of the
terms of the loan takes place . . . . }15,850,130 ,870

Deduct year's dividend of on the money produced Stock purchased
by Sale of Land Tax as above . . . . } 437,659 ++ ++ Mr Rose's Brief Examination, p.77. 6th edit. 1800.
£15,412,471

To this account, some corrections might be made; by
observations relative to dates: but the benefit would not
be worth the trouble.




Identifier: | JB/002/225/001
"JB/" can not be assigned to a declared number type with value 2.

Date_1

1800-09-22

Marginal Summary Numbering

4

Box

002

Main Headings

annuity notes

Folio number

225

Info in main headings field

Image

001

Titles

note to p. 127

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

f127

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

964

Box Contents

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