Part 2 — A Summary View and Comparison of the different Schemes of Public Loans described in the Supplement.
Reading edition
N.B. The Sum borrowed is always supposed Five Millions; and the Price of the 3 per cents. 78l. But all the Schemes may be accommodated to any other Price of the 3 per cents. and to Schemes for borrowing any greater or smaller Sums.
OLD SCHEMES. Scheme of the loan in 1777. Page 185. III. Scheme of 1777, altered to avoid douceurs and an artificial capital. Scheme of 1777; supposing 100l. four per ct. stock worth 91l. when the 3 per cts. are at 78l. Page 200. VI. Scheme founded on the regulations proposed Page 205, &c. VII. Schemes of loans by changing the 3 per cent. stocks to stocks bearing higher interest.
I. Scheme described Page 182. II. Scheme described Page 183. See Page 186. IV. See Page 188. V. See Page 209. VIII. See Page 214. IX.
Sum advanced £. £. £. £. £. £. £. £. £.
5.000,000 5.000,000 5.000,000 5.000,000 5.000,000 5.000,000 5.000,000 5.000,000 5.000,000
New Capital, or sum payable at redemption 5.000,000 6.343,954 5.000,000, 4.750,000 3.750,000 5.000,000 4.850,000 2.500,000 —0—
Interest offered 3 per cent. 3 per cent. 4 per cent. 4¼ per cent. 4¼ per cent. 4 per cent. 4 per cent. 4¼ per cent. 4 per cent.
Artificial Capital, or sum payable at redemption more than the value received 1.200,000 1.343,954 250,000 —0— —0— [155]450,000 —0— —0— —0—
Douceurs consisting of additional capitals —0— 1.343,954 —0— —0— —0— —0— —0— —0— —0—
Short Annuity worth 1.200,000 —0— 200,000 —0— —0— 450,000 —0— —0— —0—
Lottery worth —0— 150,000 150,000 150,000 150,000 150,000 —0— —0— —0—
Annual Charge.
Perpetual 150,000 100,318 200,000 201,875 159,375 200,000 194,000 212,500 200,000
Temporary 100,000 —0— 25,000 25,000 75,000 56,250 —0— —0— —0—
For lives or 17 yrs. for 10 years. for 10 years. for 27 years. for 10 years.
Total of Annual Charge 250,000 190,318 225,000 226,875 234,375 256,250 194,000 212,500 200,000
[To be placed last of all, facing Page 216.]