Observations on mr. Pitt's plan for the reduction of the national debtJ. Davis, 1786 - 39 pages |
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Page 11
... induce those 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 ...
... induce those 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 ...
Page 16
... induce the holders of the prefent 3 per cents to make this converfion , by which , the faid holders of the present 3 per cents will be brought voluntarily to Surrender , in the manner above mentioned , 400l . capital for 300 l . capital ...
... induce the holders of the prefent 3 per cents to make this converfion , by which , the faid holders of the present 3 per cents will be brought voluntarily to Surrender , in the manner above mentioned , 400l . capital for 300 l . capital ...
Page 17
... can prove this propofition by calculations , I muft explain the rest of my Plan , in order that the reader may be able to understand upon what those calculations are founded . C § 41. In § 41. In order to induce the present holder of [ 17 ]
... can prove this propofition by calculations , I muft explain the rest of my Plan , in order that the reader may be able to understand upon what those calculations are founded . C § 41. In § 41. In order to induce the present holder of [ 17 ]
Page 18
CHARLES STANHOPE STANHOPE (3RD EARL). § 41. In order to induce the present holder of 3 per cent stock to con- vert his stock in ... induce the holders of present 3 per cents to 2 convert convert , and to convert early ; and in order [ 18 ]
CHARLES STANHOPE STANHOPE (3RD EARL). § 41. In order to induce the present holder of 3 per cent stock to con- vert his stock in ... induce the holders of present 3 per cents to 2 convert convert , and to convert early ; and in order [ 18 ]
Page 32
... induce the Holders of 3 per cents to convent their 3 per cents into new 4 per cents , fo much of the faid fum of £ . 178,699 I would apply as a BONUS , for that purpose . Suppose , for inftance , that the Funds being at 77 it should be ...
... induce the Holders of 3 per cents to convent their 3 per cents into new 4 per cents , fo much of the faid fum of £ . 178,699 I would apply as a BONUS , for that purpose . Suppose , for inftance , that the Funds being at 77 it should be ...
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...