Note 260 — Chapter VIII · RETRENCHMENT

Hamilton, op. cit. McCulloch admits only half that amount. In the Pitt MSS. (No. 275) is an account of the stocks purchased for the Sinking Fund up to 5th January 1796. They amounted to £18,001,655 and Annuities equal to £89,675. See, too, Pitt’s Memoranda on the Sinking Fund in “Pitt and Napoleon Miscellanies.”