JB/106/021/004

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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</add>and with little variation pursued, in Mr Pelhams time

Annis 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
{LOWER RIGHT HAND QUADRANT OF PAGE TORN AWAY}

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..

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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
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