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Part 1 B
2o
Annuity Note
Plan
1. That a competent quantity of promissary Value of Annuity
Note - Number of
Notes to be issued
at first
Notes under the name of Annuity Notes be
issued at his Majesty's Exchequer [+], promising in persuance of
powers to be obtained
from Parliament,
each of them to the Bearer in the name of the Auditor of the Exchequer one a perpetual
redeemable Annuity of [+] a farthing a day payable
half yearly: under the cash note to be called a £10 [+] 7s a year, or
7s.6 a year, or
8s. a year beingamounting
at the rate of
a farthing
A farthing a day
is 7s.71/4 a year
notes note that being the principal sum of which (bating
an derable fraction) corresponding to an interest
of a farthing a day payable on the sum of
interest at the rate of 4 per Cent of which
a farthing a day is the interest at the rate of 4
per Cent.
2. That the form and tenor of the Note be as
follows —
3. That the issue be made to a set of Subscribers
to the amount of one million, two, three millions
any other greatersuch other amount as shall be agreed
between the and the Chamber of the ExchequerLords of the Treasury
the notes to be any rate as £10 notes
but to be received either at par, or at a premium,
or at a discount (provided the discount
do not amount to so much as to reduce the
price they are sold at below the price of 4 per
Cents at the present footing) according as Government
and the subscribers can agree.
Identifier: | JB/002/510/002 "JB/" can not be assigned to a declared number type with value 2.
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7 continued |
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002 |
annuity notes |
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510 |
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002 |
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text sheet |
1 |
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recto |
a7 / d3 / e6 / f7 |
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jeremy bentham |
tw 1794 |
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francis hall |
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1794 |
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1249 |
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