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<p> 25 August 1800 + 11 <note>97</note><lb/> <del>17</del> <note> Annuity Notes<lb/> | <p> 25 August 1800 + 11 <note>97</note><lb/> <del>17</del> <note> Annuity Notes<lb/> Abstract</note></p> <p> <note> Advanced Finance<lb/>Period II <lb/> 14 <lb/> £436,000 000 Total amount<lb/> of the profit</note> </p> <p> <!-- in red pen --> Text <lb/> Present amount of the capital of the redeemable part )<lb/> of the National Debt: <add> including</add> Loan of 1800, £32000,000 ) <del> Annual</del> <add> and Emperor's Loan £7,502,000: but not <hi rend="underline">1 note</hi> )<lb/> <del>Annual</del> </add> <gap/> nor [+] <note> [+] nor <del>Stock</del> <add> capital</add> redeemed; £436,507,237: say- </note> <del> charges of management undiminished by redemption</del> ) </p> <p> <add> Annual</add> Amount of <del>First</del> profit by <del><gap/> </del> )<lb/>reduction from £3 per cent to £2:19 )<lb/><del>interest</del> upon the above capital <del>expressing </del> ) £218,000<lb/> <del> the whole to bear no more than</del> <add> (reclusion of profit by reduction from 4 &</add> ) <lb/> <del> 3 per cent </del> <add> 5 per Cent, as per separate account following )</add><lb/> <hi rend="underline">at £500 per Million</hi>. )</p> <p> Deduct profit on the portion of Debt redeemed ) <lb/> during Period I — say — at random 36 million ) £18,000</p> <p>Remains <add> amount of</add> annual profit <del> being by proportion </del> <add> by reduction from £3 )<lb/> <del>difference</del> of interest </add><add> to £2:19 per cent, at the commencement of</add> <del>during</del> Period II, but ) £200,000 <!-- addition in red pen --> <hi rend="superscript">(a)</hi> <note> (a) Note (a) at bottom of this page</note><lb/> diminishing, as the amount of the Debt )<lb/> diminishes — — — — — — ) </p> <p> <note>396,819,604<lb/> Empire 7,502,633<lb/> <hi rend="underline">32185,000</hi>|<lb/> 436,507 237 </note></p> <pb/> <p><!-- in red pen --> Note (a) to p.97. </p> <p> (a) <del>Also</del> According to Art.21 of the plan (Ch. 1) <del>we <lb/> propose as often as any <add> upon <gap/> </add> portion of Stock redeemed<lb/> by the Commissioners is</del><lb/> in order to preserve the powers of the Sinking Fund<lb/> undiminished, as soon as any portion of the Stock <lb/> annuities, the interest of which has been subjected<lb/> to any <hi rend="underline">reduction</hi>, comes to be redeemed, <del>if the</del><lb/> so long as the <del>Capital</del> <add> interest</add> is not extinguished, but <lb/> kept entire on their hands, <del> for the purpose </del> to be <lb/> <sic>employ'd</sic> in continuing the redemption, the amount<lb/> of the reduction, upon this portion of Stock, will <lb/> be immediately to be <hi rend="underline">replaced</hi>.</p> <p><!-- in red ink --> End of Note</p> | ||
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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
---page break---
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
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Identifier: | JB/002/195/001"JB/" can not be assigned to a declared number type with value 2. |
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1800-08-25 |
14 |
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002 |
annuity notes |
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195 |
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001 |
note (a) to p. 97 |
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text sheet |
1 |
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recto |
d11 / f97 |
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jeremy bentham |
<…>m 1798 |
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frances wright |
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1798 |
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934 |
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