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Petition on South Sea stocks and redeemables in Parliament
The House heard Mr Godfrey present a petition from owners and proprietors of redeemable debentures urging that two million pounds owed by the Government to the South Sea Company be allowed to redeem losses. A paper at the door outlined disproportion in stock allowances between irredeemable creditors and early subscribers, with detailed figures on dividends and percentages.
MENTIONED IN THIS ARTICLE
Godfrey
City of London
South-Sea Company