Sinking Fund and Debt Reductions in 18th Century England
The passage discusses the nation’s public debt and the sinking fund, detailing reductions in redeemable debts from 6 to 5 percent and then to 4 percent, aided by South Sea Company and Bank concessions. It notes the resulting surplus for the fund between 1727 and 1728, the scale of debt retired, and the balance used for current service rather than taxation, highlighting the financial maneuvers that stabilized public credit and the hardships faced by the South Sea Company directors.
MENTIONED IN THIS ARTICLE
South-Sea Company
Togher
Fran Michaelmas
Michaelmas
Sdund
Mail from Holland Reports Franco Iberian Talks
The Madrid and Lisbon disputes near settlement as preliminaries are agreed. March 31 sets free the servants of M Belmonte and the Marquess de Capicelatro in Madrid and Lifton, with Catholic and Portuguese monarchs to appoint plenipotentiaries. Keene held two conferences with Sebastian de la Quadra on adjusting diverging points and the South Sea Company schedule for its annual ship.
MENTIONED IN THIS ARTICLE
Madrid
Lisbon
Bali
M. de. Belmonte
Marquess de Capicelatro
Lifton
M.keene
Con. Sebastian de la Quadra
English South-Sea Company
Title and succession changes cited in Irish peerage notice
In Ireland Dublin February notices report the death of the Earl of Orkney passing the title to the Countess of Inchiquin and, on her death, the Earl of Inchiquin’s heir to become Earl of Orkney. The Earl gains Clifden House estate. Warrants appoint Richard Cooper and others as collectors of several ports after the death of Robert Allen junior, with Letters Patent issued.
MENTIONED IN THIS ARTICLE
Ireland
Earl of
Villiers Duke
Buckinghan
Charles I
Richard’ Cooper
Cuiterner
Londonderty
Coleraine
Ballyshannon
Portrush
Bannloughfoile
Loughfwilly
Robert. Allen
Leeds Fire Damages Town Homes In Candle Incident
A doorway town report describes a fire that burned parts of homes for about two hours after a candle ignited a stable. Several structures suffered damage though no serious injuries are noted. Fire crews extinguished the blaze and the town steadied after the incident.
MENTIONED IN THIS ARTICLE
Leeds
Messenger and canterbury citations for election chapter
The Messenger arrived at Canterbury with the Congéi d'Elite and notices were posted at the Cathedral for three days. It requires six prebendaries to be present to hold a Chapter, and the Dean’s Leave is needed for the Chapter to proceed.
MENTIONED IN THIS ARTICLE
London
Canterbury
Noathce
Canterbury See Election and Royal Seals Report
London to Canterbury movements show Dr Geakie and colleagues traveling to Canterbury after prayers. Potters election to Canterbury See follows, with Great Seal debate and Lord Hardwicke to be Lord High Chancellor in days. Royal commissions pass seals. Duke of Newcastle delivers seal to the King. Obituary notes on the late Chancellor and Canterbury York convocations pro rogued to April 22.
MENTIONED IN THIS ARTICLE
Great Seal
Lord Hardwicke
Great Britain
Lord Henfel
Chefelden
Lincoln’s-Inn-Fields
Barrington
Gloucester
Secker
Bristol
Ordere
Justice-Lee
King’s- Bench
Guildhall
Justice Lee
King’s Bench
Lord Hardicke
Chantellor
Justice Comyns
King’s-Bench
Chapple
Gommen-Bieas
Canterbury
York
Canterfury
Earl of Godolphin
Chascelion
George Cook Elgs
Court of Common Fleas
Jobin Fotherspill Eig
Richard Darby
Décéas
Dudley Rider
Luciday
Charles Wager
Robes Walpole
Egmont
Charlton
Queentich
Davies
St. James’s
Lord Egatont
Nixon
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