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JB/003/082/002

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On the Form of the Supply to the Sinking Funds.

III. Inappretiable inconveniences: but a kind commonly adduced
in Argument.

6. Finances, exhibited as so much worse than they are, by the addition
made to the Loan-people, less in heart &c.

7. The War represented as by so much more expensive than it is: –
Administration, the less popular: people, the less contented. – What if the
New Sinking Fund had been fed in the same way? the apparent load
would have been apparently intolerable. – (Per contra the apparent amplitude
of the old Sinking-Fund would be so much the less, upon the proposed plan: –
unless explained; for which a line or two in a preamble would suffice.

8. Inconsistency, as compared with the New Sinking Fund. Fiction, Complication,
& obscurity. N.B. Nothing can be more simple than
the calculation requisite for the proposed: viz: the substitution
of an Annuity to the principal sum, – The £60,000, £50,000
£40,000, a Year &c – (as the case may be), to the million once paid. The
calculation, for which provision is already made by the Act (32 G.3.c.55
§. ) I mean the calculation of the allowance to be made for a mass
of temporary Annuities, in Long, Short, or of Life Annuities, is extremely
complicated.(b)

The unprecedented clearness of the Financial Picture, is among
the characteristic glories of the present Administration: – Should anything
be left that can obscure it?

Note
(b) From the form thus given to the allowance made to the Original or
Peace Sinking Fund, the allowance to the War sinking Fund received in an
indirect way an increase: because, as the money, raised in each War Year, to
produce the allotment to the original Sinking Fund for that Year, is so
much added to the total of money raised for the current Service of that
year


Identifier: | JB/003/082/002
"JB/" can not be assigned to a declared number type with value 3.

Date_1

1800

Marginal Summary Numbering

Box

003

Main Headings

annuity notes

Folio number

082

Info in main headings field

Image

002

Titles

Category

copy/fair copy sheet

Number of Pages

4

Recto/Verso

recto

Page Numbering

f5 / f6 / f7 / f8

Penner

Watermarks

1798 am

Marginals

Paper Producer

Corrections

jeremy bentham

Paper Produced in Year

1798

Notes public

"sent to mr secretary rose 1800. sent to right honble h. addington 20 july 1801"

ID Number

1492

Box Contents

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