JB/002/245/002

File:JB 002 245 002.jpg

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That any such quantity as 10 millions
worth of this paper will be paid in the course
of the first year is more than I could venture
to predict: but this much I would venture to
predict, that of having been issued in the first
year it has raised 15 per Cents to 85, in the
second year at least as much more will be
spared paid the price of 3 per Cents brought up
to par.

Suppose then the war to continue if throughout
the year 1802: and a new loan for the same
amount of 20-1/2 millions to be contracted for on
the 25th of March 18 in that year. But on
the 25 of Dec. 1801 3 per Cents were already up at 6.5: by the 25th of March 1802, partly
by the intervening progress of the and consequent
buying up of Stock, partly by the prospect
of the progress for the remainder of the year, they
may not be supposed to have been
raised to 90. Thus there is an additional a profit of 15
per cent - when compared with the 75 the former loan of the preceding
year under the auspices of the proposed
plans; but when compared with the £65 which
would otherwise have been the price the profit
amounts to £25 for every 100 raised.
£25 per Cent upon 20-1/2 million is £5,125,000

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Identifier: | JB/002/245/002"JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering	4a continued
Box	002	Main Headings	Annuity Notes
Folio number	245	Info in main headings field
Image	002	Titles
Category	Text sheet	Number of Pages	1
Recto/Verso	Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.	Page Numbering	F154
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	984
Box Contents