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Newspaper
Historical Register
Location
London, Middlesex, United Kingdom
Date
Jan 01, 1720
Page
18
A historic proposal outlines purchase values for annuities and public funds. It details rates, weekly interest, and three years purchase on bought or subscribed annuities, with sums around 2,003,109 and near 1,700,000, all tied to specific dates and parliamentary power. It notes adding 1,700,000 to capital stock and a weekly interest structure at 57 percent.
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