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<p>Reduction of interest is <del>the</del> a declined object with Parliament:<lb/> | <p>Reduction of interest is <del>the</del> a declined object with Parliament:<lb/> | ||
the only question is as to the mode.</p> | the only question is as to the mode.</p> | ||
1. M<hi rend="superscript">r</hi> Pelhams plan 1. Proposed Plan<lb/> | |||
2. Profit.- Gross profit 2. Profit -<lb/> | |||
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<lb/> | |||
2 D<hi rend="superscript">o</hi> after the reduction3 per Cent of Stock Annuities, 5 per<lb/> | |||
Cents, 4 per Cents, and 3 per <lb/> | |||
Cents<lb/> | |||
3. Gross profit <add>per Cent</add> by the reduction] 1 per Cent Cents together, into so much<lb/> | |||
- - - - - - ] captital in 3 per Cent Note<lb/> | |||
Annuities<lb/> | |||
4. AMount of capital}£57,703,475<lb/> | |||
<del>before</del><add>in which</add> the reduction}<lb/> | |||
took place 1. Sruck off from £25 000 000<lb/> | |||
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<lb/> | |||
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/> | |||
3 per Cent ------}<lb/> | |||
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{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}} |
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</add>aand with little variation pursued, in Mr Pelhams time
Annis 1748-1751
Reduction of interest is the a declined 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 reduction3 per Cent of Stock Annuities, 5 per
Cents, 4 per Cents, and 3 per
Cents
3. Gross profit per Cent by the reduction] 1 per Cent Cents together, into so much
- - - - - - ] captital in 3 per Cent Note
Annuities
4. AMount of capital}£57,703,475
beforein which the reduction}
took place 1. Sruck 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}
3 per Cent ------}
Identifier: | JB/106/021/004"JB/" can not be assigned to a declared number type with value 106. |
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021 |
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004 |
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34609 |
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