JB/003/466/001

Click Here To Edit

5 Aug. 1801

Quantity of Stock Annuities bought in, or
payd off, with this £60,000,000
of money at 85 as above – } 70,588,235.

Besides profit by reduction of 5 per Cents and
4 per Cent to 3 per Stock Annuities to
3 per Cent Note Annuities the (profit
by the difference between £3 per Cent, and
£2:19s per Cent being already reckoned) of which
profit the Annuity Note system will either have
been the cause sine quâ non, or a concurrent
cause to an indeterminable degree.

Two pe Cent upon £48,250,427 per annum upon £48,250,427+ + Commons Account No VI 17 Apr. 1801, p.9 of 5 per
Cent subject to correction for the Loyalty Loan) is per annum – £965,008
One per Cent per annum upon £45,269,549⧺ ⧺ibid. of per Cents
4 per Cents, of is per annum – £452,704
Making together, per annum – £1,417,704

Besides 5 to 6 other inferior sources of profit
not worth particularizing in this view. The amoung
would however be more than the deduction
for this over estimate of the profit in the Loyalty Loan 5
per Cents, convertible optionally into 4 per Cents.
Sixty million of principal money – added
to about 1 1/2 million a year in Annuities
– such is the profit over which, in the
estimate of the learned Baronet, a supposed
deduction possible loss – not of but upon a sum
of £134,000 a year – of which supposed loss⊞ ⊞ not a penny
might come to be
realized – would
upon this preponder supposition
preponderate.

Identifier: | JB/003/466/001"JB/" can not be assigned to a declared number type with value 3.
Date_1	1801-08-05	Marginal Summary Numbering
Box	003	Main Headings	annuity notes
Folio number	466	Info in main headings field
Image	001	Titles
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	e9 / f103
Penner	jeremy bentham	Watermarks	cw 1799
Marginals		Paper Producer	c. abbit lees
Corrections		Paper Produced in Year	1799
Notes public		ID Number	1876
Box Contents