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Newspaper
Historical Register
Location
London, Middlesex, United Kingdom
Date
Jan 01, 1720
Page
138
Parliament approves new Exchequer Bills and a seven year scheme with the South Sea Company to furnish funds for exchanging old bills. Trustees will operate near the Exchequer, exchanging for ready money, with interest and security rules, to support currency up to 1,090,000 pounds at company cost.
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