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Bank Debt Resolution in Parliament Describes Tax and Rate Changes
Historic record shows the House considering part of the King's speech on discharging national debt. A bill to reform unrated goods rates was prepared after a committee, with clerks from London livery, presenting returns. A plan to redeem Bank of England debt at midsummer was replaced by a new annuity payment totaling one hundred thousand pounds annually tied to a larger principal.
MENTIONED IN THIS ARTICLE
Grand Committee
City of London
Mgr. Ferrer
Bank of Fegland
A&t
Fauid