A SURVEY OF THE NATIONAL DEBTS, THE SINK

Excerpt from A Survey of the National Debts, the Sinking Fund, the Civil List, and the Annual Supplies: Giving a Clear and Impartial Account of Our Present State With Regard to Publick Money Though it might have been unjufi there fore, to compel the long Annuitants, with out any Alternative, to accept of lower An unities than they had hri'c contraéted for; if, at the fame Time that the Intereft of the other public Debts was lowered, in Propor tion to tbeirannuities, Means could be found, for paying/nob of tloenz of as chofe rather to have their Money than continue public Cre~ ditors upon this Condition, the Matter would be entirely juf'r and equitable. N ow this was done, by means of the Bank and South Sea Company, who not only confented to be lowered, from 6 to 5 per Cent. For the Se nehr of continuing the Public Creditors; but alfo, to advance between them Four Millions and an Half, upon the fame Interel'r, to pay off fuch of the faid long Annuitants, as did not chufe 'to continue their' Credit. The Titles of the two Aé'ts, by which they obli ged them to do this, will give a true Idea of the whole Affair. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.