An essay on the publick debts of this kingdom ..To which is subjoined an enquiry into the general convenience of reducing farther the interest of our publick debts below 4 per centper annumIn a letter to a Member of the House of Commons . ffairs is thoughtof great and general Importance to be done at all,fhould be done, if pofTible, as foon as it appearsto be fo; that the moft eligible Methods foreffeding it are fuch as may be carried on, andjfinilhed under the Direction of the fame Per-fons who were firft engaged in them ; and thatthe Succefs of fuch Meafures fhould be as lit-tle as poiTible
An essay on the publick debts of this kingdom ..To which is subjoined an enquiry into the general convenience of reducing farther the interest of our publick debts below 4 per centper annumIn a letter to a Member of the House of Commons . ffairs is thoughtof great and general Importance to be done at all,fhould be done, if pofTible, as foon as it appearsto be fo; that the moft eligible Methods foreffeding it are fuch as may be carried on, andjfinilhed under the Direction of the fame Per-fons who were firft engaged in them ; and thatthe Succefs of fuch Meafures fhould be as lit-tle as poiTible hazarded by the different Senti-ments of their Succeffors. But this Confide-ration will not go far in recommending the fur-ther Increafe of the Sinking Fund, by reducingthe Intereft of the Publick Debts j which uponthe Suppofitions on which my Calculations havebeen made, would not, if the Sinking Fundwere increafed by reducing their Interefl to 2per Cent, be paid oflf in lefs than 20 Years and ahalf, or thereabouts; if to i per Cent, in lefs than18 Years and 4 Months ; or if the Creditorswould be fatisficd without any Intereft at alltill the Payment of their Principal, in lefs than16 Years and eight Months. am^ SIR, &c. n PLEASE DO NOT REMOVECARDS OR SLIPS FROM THIS POCKET UNIVERSITY OF TORONTO LIBRARY HJ 8623G61726 cGoulci, (Sir) Netheniel^ An eeeey on the publickdebts of this kingdom. 3d ed.
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