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''This Page Has Not Been Transcribed Yet''
<head>12 Aug 1800</head>
 
<p>
Ch. Comparison of the proposed mode of reduction with<lb/>
Advantages, <add>M<hi rend="superscript">r</hi> Pelham's</add> of the proposed plan for the alleviation <note>make this a seperate Chapter Put the calculations in Notes</note><lb/>
of the burthen of the National Debt, in comparison<lb/>
of the plan, <add>as originally <del>proposed,</del> <add>brought forwards</add> <add>and with little variation</add> pursued, in M<hi rend="superscript">r</hi> Pelhams time</p>
<head><unclear>Annui</unclear> 1748-1751</head>
<p>Reduction of interest is <del>the</del> a declared object with Parliament:<lb/>
- the only question is as to the mode.</p>
<p>1. M<hi rend="superscript">r</hi> Pelhams plan 1. Proposed Plan</p>
<p>2. Profit.- Gross profit 2. Profit -</p>
<p>1. Rate of interest  before    I. <del>R</del> In the course of the conversion<lb/>
the reduction - . 4 per Cent    of the £496,000,000</p>
<p>2 D<hi rend="superscript">o</hi> after the reduction  3 per Cent    of Stock Annuities, 5 per<lb/>
Cents, 4 per Cents, and 3 per</p>
<p>3. Gross profit <add>per Cent</add> by the reduction} 1 per Cent  Cents together, into so much<lb/>
- - - - - - ]  capital in 3 per Cent Note<lb/>
Annuities</p>
<p>4. Amount of capital}£57,703,475<lb/>
<del>before</del><add>in which</add> the reduction}<lb/>
took place  1. Struck off from £25 000 000</p>
<p>5. Amount of interest}  4 per Cents, at 1<lb/>
in d<hi rend="superscript">o</hi> before the }  per Cent - - 250,000<lb/>
reduction at  4 per} £2,308,136<lb/>
Cent on the above } 2. d<hi rend="superscript">o</hi> from £28,125,582 <del><gap/></del> of<lb/>
capital</p>
<p>6. D<hi rend="superscript">o</hi> in d<hi rend="superscript">o</hi> after the } <add>5</add> per Cents Counts at<lb/>
<del>reduction</del> completion } £1,731,102  2 per Cent 562,000<lb/>
of the reduction at}<lb/>
5 per Cent ------}</p>
<p>7. The difference (1}  3. D<hi rend="superscript">o</hi> from the remaining<lb/>
<add>per Cent)</add> gives the amount<lb/>
of perpetual Annuities}  <hi rend="underline">£20,266,899</hi> <del><gap/></del> 4 per<lb/>
<hi rend="underline">507,000</hi><lb/>
saved from}  £577,034  Cents, at 1 per Cent 202,000<lb/>
19,759,859<lb/>
25<hi rend="superscript">th</hi> Dec<hi rend="superscript">r</hi> 1757. )  4. D<hi rend="superscript">o</hi> from £20,2500 Loyalty</p>


<p>II. Expense causi<lb/>
sacrifices <add>to be</add> mad<lb/>
of the above<lb/>
4 Bonus to the<lb/>
i:e: persons<lb/>
by subscription<lb/>
consent to the<lb/>
1. 2 per Cent up<lb/>
for the first ye<lb/>
ending 25 Dec<lb/>
2 1/2 per cent en<lb/>
7 years thereaf<lb/>
7 years ending<lb/>
1757....<lb/>
Total..</p>


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Latest revision as of 10:16, 4 February 2020

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12 Aug 1800

Ch. Comparison of the proposed mode of reduction with
Advantages, Mr Pelham's of the proposed plan for the alleviation make this a seperate Chapter Put the calculations in Notes
of the burthen of the National Debt, in comparison
of the plan, as originally proposed, <add>brought forwards and with little variation pursued, in Mr Pelhams time

Annui 1748-1751

Reduction of interest is the a declared object with Parliament:
- the only question is as to the mode.

1. Mr Pelhams plan 1. Proposed Plan

2. Profit.- Gross profit 2. Profit -

1. Rate of interest before I. R In the course of the conversion
the reduction - . 4 per Cent of the £496,000,000

2 Do after the reduction 3 per Cent of Stock Annuities, 5 per
Cents, 4 per Cents, and 3 per

3. Gross profit per Cent by the reduction} 1 per Cent Cents together, into so much
- - - - - - ] capital in 3 per Cent Note
Annuities

4. Amount of capital}£57,703,475
beforein which the reduction}
took place 1. Struck off from £25 000 000

5. Amount of interest} 4 per Cents, at 1
in do before the } per Cent - - 250,000
reduction at 4 per} £2,308,136
Cent on the above } 2. do from £28,125,582 of
capital

6. Do in do after the } 5 per Cents Counts at
reduction completion } £1,731,102 2 per Cent 562,000
of the reduction at}
5 per Cent ------}

7. The difference (1} 3. Do from the remaining
per Cent) gives the amount
of perpetual Annuities} £20,266,899 4 per
507,000
saved from} £577,034 Cents, at 1 per Cent 202,000
19,759,859
25th Decr 1757. ) 4. Do from £20,2500 Loyalty

II. Expense causi
sacrifices to be mad
of the above
4 Bonus to the
i:e: persons
by subscription
consent to the
1. 2 per Cent up
for the first ye
ending 25 Dec
2 1/2 per cent en
7 years thereaf
7 years ending
1757....
Total..



Identifier: | JB/106/021/004"JB/" can not be assigned to a declared number type with value 106.

Date_1

1800-05

Marginal Summary Numbering

Box

106

Main Headings

frigidarium

Folio number

021

Info in main headings field

frigidarium

Image

004

Titles

preservandum / nidus's / vessels

Category

copy/fair copy sheet

Number of Pages

2

Recto/Verso

recto

Page Numbering

Penner

Watermarks

Marginals

Paper Producer

Corrections

jeremy bentham

Paper Produced in Year

Notes public

ID Number

34609

Box Contents

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