South Sea Annuities and Redemption Provisions in Parliament
The text outlines a committee opinion on redeeming annuities at five pounds per cent per annum funded by the sinking fund and exchequer bills, with duties and revenues diverted to pay off principal and interest. It notes notices to the Bank of England and references acts from the third and ninth to tenth years of the monarch’s reign regarding lottery payments, hereditary excise, linseed duties, and a general yearly fund to support annuities and related payments.