Observations on mr. Pitt's plan for the reduction of the national debtJ. Davis, 1786 - 39 pages |
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Page 12
... Mr. Pitt's Plan , is meant to be applied , at present , towards the Redemption of the National Debt , are infinite in number , and boundless in extent . Suppofe any wild pro- pro- fhould have country Suprofe , that [ 12 ]
... Mr. Pitt's Plan , is meant to be applied , at present , towards the Redemption of the National Debt , are infinite in number , and boundless in extent . Suppofe any wild pro- pro- fhould have country Suprofe , that [ 12 ]
Page 25
... number . - The dividend of the public creditor has never been attacked by parliament , notwithstanding the neceffities of the public . - Why fo ? Because it is a Bargain and a Contract . The creditor lent his money upon the exprefs ...
... number . - The dividend of the public creditor has never been attacked by parliament , notwithstanding the neceffities of the public . - Why fo ? Because it is a Bargain and a Contract . The creditor lent his money upon the exprefs ...
Page 27
... number , and of the weight , of thofe individuals , § 68. Now , the ALIENATION of the Free Revenue by any future Par - Hament , would , precifely , be that very breach of contract , and that very Fraud . For , if the Free Revenue ( or ...
... number , and of the weight , of thofe individuals , § 68. Now , the ALIENATION of the Free Revenue by any future Par - Hament , would , precifely , be that very breach of contract , and that very Fraud . For , if the Free Revenue ( or ...
Page 30
... number by 3 , and we fhall get the prefent value of an Annuity of 3 per annum , for the faid 47 years ; namely , 58,244,124 .. To which add 12,633,810 . which by Smart's Tables ( page 84 ) , column 4 per cent , appears to be the prefent ...
... number by 3 , and we fhall get the prefent value of an Annuity of 3 per annum , for the faid 47 years ; namely , 58,244,124 .. To which add 12,633,810 . which by Smart's Tables ( page 84 ) , column 4 per cent , appears to be the prefent ...
Page 38
... number of nominal millions of the prefent Debt would be redeemed . This would ( by the bye ) be a very whimsical Definition of a GOOD Plan . But , Mr. Pitt's Plan , does not answer to this Definition , any more , than to any of the ...
... number of nominal millions of the prefent Debt would be redeemed . This would ( by the bye ) be a very whimsical Definition of a GOOD Plan . But , Mr. Pitt's Plan , does not answer to this Definition , any more , than to any of the ...
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
Page 16 - No. IV No. V No. VI No. VII No. VIII No. IX No. X No. XI No. XII . No. XIII No. XIV No. XVI Pipe Line...
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...