TABLE OF COMPOUND INTEREST, Shewing the Amount in Fifty-One Years of 1,000,000l. annual Surplus, together with fuch Annuities, for long Terms of Years, as shall fall in within that Period. (a) Is the original million annual furplus, together with such annuities for long terms of years as fhall fall in. See Appendix No. III. Column 3d. (6) Is the fractional part of fuch annuities for long terms of years as fall in between the 5th of April and the 5th of April in the following year Is the Intereft at 4 per cent. of 25;000;000 of prefent 4 per cents redeemed (s) Is the Intereft at 5 per cent. of 5 per cents redeemed (f) Is the Intereft at 5 per cent. of 17;869;993 1. of 5 per cents redeemed (1) Is the Intereft at 4 per cent. of prefent 4 per cents redeemed (2) Is the Intereft at 4 per cent. of 7;750;000l. of 4 per cents redeemed (2) Is the Interest at 3 1-3 per cent. of three per cents redeemed at 90. } Brought forwards from the 6th column of this Tbale (Continued from Appendix No. XI.) TABLE OF COMPOUND INTEREST, Shewing the Amount in Fifty-One Years of 1,000,000l. annual Surplus, together with fuch AnnuŃties for long Terms of Years, as shall fall in within that Period. 1,571,819 (a) 4th Column. or Free Revenue on 4,163,191 7:750,000 15:799,404 25;000;000 893;499-at 5 310;000-at 4 } } } 25;000;000 33;886;933 25,000,000 25;000;000 25;000;000 7:750;0000 49;097;517 1;000;000-at 4 893;499-at 5 310;000-at 4 1;129;564-at 3 1-3 1;000;000-at 4 893;499-at 5 310;000-at 4 1;293;060-at 3 I-3 1;000;000-at 4 893;499-at 5 310;000-at 4 1;462;006-at 3 I-3 1;000;000-at 4 893;499-at 5 310;000-at 4 1;636;583-at 3 1-3 1;000;000-at 4 310;000-at 4 1;000;000-at 4 893;499-at 5 2;003;390-at 3 1-3 Brought forward from Appendix 1 000,000 (r) 893,499 (ƒ) 893,499 (f) 310,000 () 1,293,060 (w) 1,571,819 (a) 1,000,000 (r) 893,499 (ƒ) 310,000 () 1,462,006 (w) 1.571,819 (a) 1,000,000 893,499 (ƒ) 310,000 (x) 1,636,583 (w) 1,571,819 (a) 1,000,000 (r) 893,499 (ƒ) 310,000 (u) 1,816,980 (w) 1,571,819 1,000,000 } } 5,411,901 25;000;000 (a) Is the original million annual furplus, together with fuch annuities for long terms of years as shall fall in. See Appendix No. III. Column III. (r) Is the Intereft, at 4 per Cent. of 25,000,000 1. of prefent 4 per Cents redeemed. (w) Is the Intereft, at 3 1-38 per Cent, of 3 per Cents redeemed at go. TABLE OF COMPOUND INTEREST, Shewing the Amount in Fifty-One Years of 1,000,000 l. annual Surplus, together with fuch Annuitie for long Terms of Years, as fhall fall in within that Period. (See Appendix No. IV.) 5 Brought forward from on faid 5,971,332 25,000,000 71,851,765 25,000,000 42 1828 893,499 (ƒ) 310,000 (u) 7,750,000 2,395,058 (w) 78,022,132 1,571,819 (a) 310,000 at 4 2,600,737 at 3 1-3 1,000,000 at 4 893,499 at 5 310,000 at 4 2,813,272 at 3 1-3 (a) Is the original million annual furplus, together with fuch annuities for long terms of years, as fall fall in. See Appendix No. III. Column 3d. (r) Is the Interest, at 4 per cent, of 25,000,000 1. of prefent 4 per cents) redeemed. (f) Is the Intereft, at 5 per cent, of 17,869,993 1. 3 per cents redeemed (a) Is the Intereft, at 4 per cent, of 7,750,000l. of 4 per cents redeemed (z) Is the Interest, at 33 per cent. of 3 per cents, redeemed at 90 Brought forward from the 6th co lumn of this Ta ble. APPENDIX No. XIV. An account of the time which it will take to redeem the whole of the prefent National Debt, by Earl Stanhope's Plan, upon the fuppofition of the Free Revenue being limited to a fixed fum.—And the faid fixed fum is alfo calculated. (Whereas, if the faid Free Revenue should NOT be fo limited, Earl Stanhope's Plan would difcharge the whole of the prefent National Debt, in less than 51 years; as appears from the tables in the Appendix No. 8, No. 9, and No. 10.) On the fifth day of April, 1814, (that is to fay, at the end of the 28th year of the Plan of Redemption) Earl Stanhope's Plan (as appears by Appendix No. 6), will have redeemed 56,874,4321. of new 4 per cents, paid off at par. Now, fuppofe all the prefent 3 per cents to be converted into new 4 per cents.-The fum of prefent 3 per cents being 186,611,2541. it will produce, of new 4 per cents, the fum of 139,958,441 1. From the faid last-mentioned fum deduct the aforefaid fum of 56,874,4321. of new 4 per cents redeemed, at the end of the faid 28th year. The remainder, viz. 83,084,009 1. will confequently be the quantity of new 4 per cents, which will remain to be redeemed, after the end of the faid 28th year. To which laft-mentioned fum add 50,619,9931. of unredeemed 5 per cents, and unredeemed present 4 per cents; and the total, viz. 133,704,002 1. will be the total quantity of debt, which will remain to be redeemed, after the end of the faid 28th year. Now, divide the said last-mentioned fum by 40; inasmuch as 40 is the number of years wanting, (together with the faid 28 years) to make up 68 years; which 68 years (together with a few days) is the time in which, by Mr. Pitt's Plan, the whole of the prefent National Debt will be redeemed. (See Appendix No. 15.) But, 133,704,002 1. divided by 40, will give the fum of 3,342,600 1. which fum it will be necessary to apply, in each year, for 40 years, after the end of the faid 28th year, in order to redeem the whole of the prefent National Debt, in 68 years from the present time. APPEN APPENDIX No. XV. An account of the time which it will take to redeem the whole of the present National Debt, by Mr. Pitt's Plan, as fet forth in his Bill now before the House of Commons. That is to fay, upon the fuppofition of the Free Revenue being limited to four millions annually, as propofed by that Bill. By the Table, in the APPENDIX No. 11, it appears that, on the fifth day of April, 1815; that is to fay, at the end of the 29th year of the Plan of Redemption, Mr. Pitt's Plan will produce a Free Revenue of 4,028,895; of which Free Revenue Mr. Pitt proposes to retain 4,000,000l. annually, for the redemption of the then unredeemed debt. The faid 4,000,000 l. applied in the manner propofed by Mr. Pitt, will, in the space of 39 years, have redeemed the fum of 156,000,000l. this fum, being added to 11,636,213 1. (which is the quantity of 3 per cents redeemed by Mr. Pitt's Plan at the end of 29 years, fee Appendix No 12), will give the fum of 167,636,213. The total quantity of 3 per cents (as was ftated in the fection 28 of the foregoing obfervations) is 186,611,2541. 15 s. 42d. And the 3 per cents being at 90, the faid fum will be redeemed by 167,950,1291. 5s. 10d. From which laft mentioned fum deduct the aforefaid fum of 167,636,213 1. and the remainder, namely, 313,9161. 5 s. 10 d. will be the debt remaining to be redeemed at the end of the 68th year of the Plan of Redemption. The faid 68 years, are the aforefaid 39 years, added to the 29 years above-mentioned.—Twenty-nine days, added to the faid 68 years, will be fufficient to redeem the faid remaining fum of 313,9161. 5 s. 10d. Confequently by Mr. Pitt's Plan (the Free Revenue being limited to four millions per annum, it will take fixty-eight years and twenty-nine days to dif charge the whole of the prefent National Debt. APPEN |