JB/107/169/001

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B Political Prospects

Bankruptcy Probability our holding one thereafter. not continuing to hold one thereafter The If for 40 or
50 years longer we can go on paying every year about
£1,500,000's £3,000,000 + + 3,368,366: 2s: 10d the exact amount of the future annual charge created by the debt funded in 1797. Comm: of 23 Rep. Appendix Y. p. 333. Above £600,000 of this having been incurred by the funding of Navy Bills part of which had been offered in prior years, call the fresh charge incurred in the course of this Year in even money £3,000,000. worth of fresh taxes in addition to those
of the preceding years, so we may as to the end of
time: — but the difficulty with regard to the first
40 or 50 years continues unabated. Buying in the debt
that is, buying in of the Annuities granted by Government
affords no relief in the mean time from the pressure of the taxes imposed for
the purpose of raising the fund for the payment of those
Annuities dues, it is only so much progress made to the
facility of affording an easement of that kind at the
40 or 50 years distance: so far from affording any such
relief it precludes us from the possibility of receiving
it: some by continuing the appropriation of the fund
which the taxes are to produce, it prevents those taxes
from being repealed.

Identifier: | JB/107/169/001"JB/" can not be assigned to a declared number type with value 107.
Date_1		Marginal Summary Numbering
Box	107	Main Headings
Folio number	169	Info in main headings field	political prospects
Image	001	Titles
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	e2
Penner	jeremy bentham	Watermarks
Marginals		Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	35160
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