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Monthly Magazine (Newspaper) - March 1, 1806, London, Middlesex MONTHLY No. 140.] 2, of Vol. 21a ORIGINAL To the Editor of the Monthly T a moment when every thing that regards our Welfare as a Nation is viewed with and by the recent change of the country appears likely to awake from that Night of political in which it lias been fo long it may nor be improper to draw the attention of your readers to the of cur and to that a wife by the Confidence of the may without much difficulty us from that gulph of National Bankruptcy towards in the opinion of many we were rapidly whirled by the corrupt and overbearing of the late I 11 in the fir ft place the amount of the National Debt at the begining of the year and I then that the National under a have nothing to apprehend from the amount of that on the that they will be paid off fooner probably than they would The amount of the public funded debt of on the 5th 1805 to the accounts to the Houfe of was The created by loan of 1805, was - There has been transferred for the redemption of the - And there has been redeemed by the for management of - ' Leaving as the amount on the 31ft of 1806 * year 1805, 7,615,1671. 7s. 91k were expended by the and 1,906,104!. 17s. will be applied in the quarter between the ift of February and the * ft of May 1806. It appears that the fallowing has been between the Monthly No. 140. this debt of 537 nearly 100 millions of 4 and per which being converted into 3 per makes the total amount in 3 per 557 millions 5 and valuing the 3 per at 60 per is the average the total capital of the debt in money is 334. millions of pounds The original of the of a Million per with the additions that have fince been made to and the dividends on bought up by the who manage that fund for the amount altogether at this time to about 8,000,000 per We have thus the evidence of and of about Twenty years to prove that the plan of that great political arithmetician tne late Dr. Richard Price is alone adequate to counteract the of corruption and prodigal expenditure which marked the career of the late A million per laid by 17 86 for of has multiplied on principles of fo as to amount at this time to eight millions per annum and has created a capital in the hands of the National of upwards of One Hundred and Thirteen I In other by the plan of chafe acute the nation began about twenty to buy up its own The fund for was to be one million per to be laid out in the of fuch portions of as might be brought to market by the The have fince applied the from the which they have to the of their 5 3d of 1805, and 3ift/of January viz. Capital Cafh 1 6,093,000 j 3perCt.An- 6,468,49'2Red. iS 161,400 Sea Ann. 96,562 133,000 New 77*374 22,000 3 per Ct. Ann. 1751 12,8*6 5 o 92,021 3 per Ct. 53,403 26 6 12,97^913 The of this 12,972,9/131. of is 389,1871. 73- which added to the amount of laft year gives nearly eight millions to be applied in the O and 5 6 is r 7 S 3 o 6
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