Resolutions on National Debt and sinking fund debate
A lengthy set of Mr Hears resolutions proposed for Commons on Tuesday discussing Britain’s national debt as of January 6 1793 and 1797 funding, the sinking fund, and projected future charges. It details funded and unfunded debt, interest, annuities, conversions, and potential tax impacts, arguing the sinking fund failed to reduce debt and outlining large capital and revenue figures across 1793 to 1822.
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