Observations on mr. Pitt's plan for the reduction of the national debtJ. Davis, 1786 - 39 pages |
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Page 7
... Minister is , first to redeem 25 millions of the present 4 * per cents , then to redeem the 17 or 18 millions of the * There might be fome gain ( under the provifions of Mr. Pitt's Bill ) by purchafiug a few millions of the 3 per cents ...
... Minister is , first to redeem 25 millions of the present 4 * per cents , then to redeem the 17 or 18 millions of the * There might be fome gain ( under the provifions of Mr. Pitt's Bill ) by purchafiug a few millions of the 3 per cents ...
Page 11
... Ministers to wage war upon this nation , in order to bring bankruptcy upon this kingdom , in the fureft way ; namely , by breaking our funds . Whereas , thofe Minifters of foreign powers would not have ( at least ) that temptation to go ...
... Ministers to wage war upon this nation , in order to bring bankruptcy upon this kingdom , in the fureft way ; namely , by breaking our funds . Whereas , thofe Minifters of foreign powers would not have ( at least ) that temptation to go ...
Page 12
... Minister , or from being , when a war fhall come , inftantly diverted from the purpose to which it is now intended to be applied ; namely , the gradual Redemption of the Public Debt . § 28. By an account from the Exchequer ( laid before ...
... Minister , or from being , when a war fhall come , inftantly diverted from the purpose to which it is now intended to be applied ; namely , the gradual Redemption of the Public Debt . § 28. By an account from the Exchequer ( laid before ...
Page 13
... Minister , if the whole Free Revenue were placed beyond his reach , might be prevented from purfuing his extravagant fcheme . Becaufe , in order to pursue it , he muft vide money ; and , in order to provide money , he must lay heavy ...
... Minister , if the whole Free Revenue were placed beyond his reach , might be prevented from purfuing his extravagant fcheme . Becaufe , in order to pursue it , he muft vide money ; and , in order to provide money , he must lay heavy ...
Page 14
... Minister ; by taking steps now , which fhall bereafter render that Free Revenue perfectly UNALIENABLE . § 32. Having stated the outline of fome of my objections to Mr Pitt's Plan , I shall now state the principles on which my Plan for ...
... Minister ; by taking steps now , which fhall bereafter render that Free Revenue perfectly UNALIENABLE . § 32. Having stated the outline of fome of my objections to Mr Pitt's Plan , I shall now state the principles on which my Plan for ...
Common terms and phrases
3d Column 5th day 6th Column Act of Parliament aforefaid alfo alſo annuities for long APPEN Bank of England becauſe Brought forward calculations cents redeemed cents reduced Column 3d COMPOUND INTEREST Confequently confideration Continued from Appendix day of April deem it expedient diſcharge Ditto Earl Stanhope's Plan faid 2d column faid Commiffioners faid Days faid fifth day faid Free Revenue faid fum faid Total fame faving fhall fall fhould firſt fome foregoing obfervations forward from Appendix four millions ftock fuch annuities fufficient fuppofe fuppofition half per cent hereafter Houſe of Commons increaſe inftance intereft long terms manner million annual furplus millions per annum Minifter NATURAL PRICE oppofite original million annual overplus monies paid perfon Pitt Pitt's Plan prefent National Debt propofed purchaſe purpoſe redeem the whole ſaid Shewing the Amount Sinking Fund ſtated ſtock ſuch TABLE OF COMPOUND thofe thoſe Total Debt unredeemed Value of Value
Popular passages
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Page 10 - ... delude the public, does evidently delude himself. He thinks, no doubt, that his plan for redeeming the national debt is to save the nation ; and if it be well managed, it unquestionably may save it. But if it be conducted in the way proposed by the bill now before the House of Commons, we shall neither profit by the peace, nor be prepared for war. We may let slip the present favourable opportunity of restoring our finances, and such an opportunity may perhaps never...