Imágenes de página
PDF
ePub

PURPOSE.

ing funds applied to the extinction of debt inftions of the excesses of the present sinking the same year, from 1793 to 1806, both fund, above the interest of the present debt, inclusive.

as will be applied in each year, from the comB. 1.-Shews the difference between the mencement of 1817, in the reduction of the total amount of the loans to be raised in each amount of new taxes, according to the proyear, and the total amount of the sinking osed plan.—3 per cents, at various prices, funds in the same year, after deducting from from 60 to 75. the latter the excesses to be taken from them, D. 3.-Shews the amount of such poraccording to the proposed plan. 3 per tions of the .excasses of the present sinking cents. at various prices, fiom 0 to 75. fund, above the interest of the present debi,

B. 1.-Shew's the difference between the as will be applied in each year, from the total amount of the lans to be raised in each commencement of 1817, in the reduction year, and the total amount of the sinking of the amount of new taxes, according to furds in the same year, after du ducting the the proposed pian.—3 per cents. at various excesses to be taken from them, according to rices, from 60 to 100. the proposed plan.--3 per cents. at various D). 4.-Shews at one view the results of prices, from to to 100.

tables D.-D. 2.-and D. 3. B. 6.-Shews at one view the results of E.hews the total amount of the excestables B. 2.-E. 4.—and B. 5.

ses of the prescnt sinking fund, above the interest of the present debt, as they would

stand if the whole excesses were deducted as IV-TABLES SHEWING THE AMOUNT OF they arise, instead of deducting only the por,

INTEREST AND SINKING FUND OF SUPPLE-tions of those excesses stated in table D.—3
MENTARY LOANS, AND THE AMOUNT OF
New Taxes TO BE RAISED FOR THAT per cents. at 60.

E. 2.-Shews the total amount of the ex. C.—Shews the amount of the supplemen-interest of the present debt, as they would

cesses of the present sinking fund above the tary loans, and of the interest and sinking stand if the while excesses were declucted as fund to be provided for on account of the they arise, instead of deducting only the same in each year, and the amount of new, taxes which will be required for that pur- 2-3 per. cents. at various prices, from 60

portions of those excesses stated in table D. pose, according to the proposed plan.-3

to 75. per cents. at 60. C. 2.-Shews the amount of the supple

E. 3.-Shews the total amount of the era mertary loans, and the interest and sinking the interest of the present debt, as they

cesses of the present sinking fund, above fund to be provided for on account of the would stand if the whole excesses were desame in each year ; and the amount of new ducted as they arise, instead of deducting taxes which will be required for that purpose, only the portions of those excesses stated in according to the proposed plan.-3 per cents. table 1). 5.-3 per cents. at various prices, at various prices, from 60 to 75.

from 60 to 100. C. 3.-Shews the amount of the supplementary loans, and the interest, and sinking tables E.-E. 2.--and E. 3.

E. 4.-Shews at one view the results of fund to be provided for on account of the same in each year; and the amount of new vi. TABLES SHEWING THE AMOUNTS OF taxes which will be required for that pur- THEIR RESPECTIVE DEBTS AND THEIR REpose, according to the proposed plan.-3 SPECTIVE SINKING FUNDS. per cents. at various prices, from 60 to 100.

WAR LOANS. C. 4.-Shews at one view the results of F.-Shews the total amount of the debt tables C.--and C. 3.

to be charged on the war taxes; and of the sinking fund applicable to its extinction

in each year.-3 per cents at 60. V.-TABLES RELATING TO THE EXCESSES. F. 2.-Shews the total amount of the OF THE PRESENT SINKING FUND.

debt to be charged on the war taxes; and of D.-Shews the amount of such portions the sinking fund applicable to its extinction of the excesses of the present sinking fund, in each year. 3 per cents. at various prices, above the interest of the present debt, as will from 60 to 75. be applied in each year, from the commence- F. 3.-Shens the total amount of the ment of 1817, in the reduction of the debt to be charged on the war taxes; and of amount of new taxes, according to th pro- the sinking fund applicable to its extinction posed plan.—3 per cents. at 60.

in each year.-3 per cents. at various prices, D. 2.-Shews the amount of such por- from 60 to 100.

[ocr errors]

IMPOSED ACCORDING

F. 4.-Shews at one view the different (table H.)—and of their respectivé sinking results of tables F.-F. 2-and F. 3. fund in each year.-3 per cents. at various

prices, from 60 to 100. SUPPLEMENTARY LOANS.

I. 4.--Shews at one view the different reG.-Shews the total amount of the debtsults of tables 1.-1.2.-and I.3. created by supplementary loans, and of the sinking tund applicable to its extinction in VII.-TABLES SHEWING THE COMPARAeach year.--3 per cents. at 60.

TIVE AMOUNTS OF New Taxes To Be G. 2.-Shews the total amount of the

TO THE PRESENT debt created by supplementary loans, and of

SYSTEM, AND ACCORDING TO THE PROthe sinking fund applicable to its extinction

*POSED Plan,

K.-Shews the comparative amount of in each year — 3 per cents. at various prices, from 60 to 75.

new taxes which would be required annually

if the services of each year were provided for G. 3.- Shews the total amount of the debt created by supplementary loans, and of

according to the present system and accordthe sinking fund applicable to its extinction ing to the proposed plan respectively.-—-3 per

cents, at 60. in each year.-3 per cents. at various prices, from 60 to 100.

K. 2.-Shews the comparative amount of G. 4.-Shews at one view the differenti the services of each year were provided

new taxes which would be required annually results of tables G.-G. 2.-and G. 3.

for according to the present system and the PRESENT DEBT.

proposed plan respectively.—3 per cents. at H.-Shews the total amount of the pre

various prices, from 60 to 75.

K.3,-Shews the comparative amount of sent debt, and of the present sinking fund, as it will stand in each year, after deducting it the services of each year were provided for

new taxes which would be required annually from the latter the portions of the excesses according to the present system and according above the interest of the debt, according to to the proposed plan respectively. -3 per the proposed plan.--3 per cents. at 60. H. 2.-Shews the total amount of the pre

cents. at various prices, from 60 to 100. sent debt, and of the present sinking fund, results of tables K.--K. 2.--and K. 3.

K. 4.-Shews at one view the different as it will stand in each year, after deducting from the latter the portions of the excesses

L.-Shews the comparative total amount

in above the interest of the debt, according to would have been imposed if the service of

any given years, of new taxes which the proposed plan.-3 per cents. at various

such prices, from 60 to 75.

year were provided for according to the 11. 3.-Shews the total amount of the present system, and according to the proas it will stand in each year, alter deducting mounts, in any given year, of new taxes present debt, and of the present sinking fund, posed plan respectively.—-3 per cents. at 60.

L. 2.-Shews the comparative total afrom the latter the portions of the excesses which would have been imposed if the serabove the interest of the debt, according to the proposed plan.--3 per cents. at various

vice of each year were provided for accordprices, from 60 to 100.

ing to the present system, and according to H. 4.-Shews at one view the different re

the proposed plan respectively:-3 per cents. sults of tables H.-H.2.-and H. 3.

at various prices, from 60 to 75.

L. 3.-Shews the comparative total aALL THE DEBTS COMBINED.

mounts,

in any given year, of the new taxes,

which would have been imposed if the ser1.--Shews the combined amount of the vice of each year was provided for according war debt (table F.) —the supplementary clebt to the present system and according to the (table G.)—and the present debt (table H.) proposed plan.—-3 per cents. at various priand of their respective sinking funds in each from 60 to 100. year.--3 per cents. at 60.

L. 4.-Shews at one view the different 1. 2.-Shews the combined amount of results of tables L.-L. 2.-and L. 3. the war debt (table F. 2.)--the supplementary debt (table G. 2.) and the present VIII.---MiscellaneoUS TABLES RESPECTdebt (table H. 2.)—and of their respective ING THE REDEMPTION OF THE PUBLIC sinking funds in each year.—3 per cents. at DEBTS. various prices, from 60 to 75.

M.-Shews the actual operation of the I. 3.-Shews the combined amount of the various sinking funds which have been apwar debt (tahle F. 3.)—the supplementary plied to the extinction of debt since 1786. debt (table G. 3.)--and the present delt N.-Shews, what would be the amount

ces,

of the old debt, and the amount of the continuance of war, for 20 years, if 11 sinking fund applicable to its extinction, millions were borrowed annually, according in any year for 20 years, according to the to the present system ; also, the total amount present system, and the proportion per cent. of money capital of debt which will have which the sinking fund would on that sup- been redeemed at the corresponding periods, position bear to the debt in each year. Also according to the proposed plan.-3 per what would be the amount of the whole cents, at various prices, from 60 to 75. debt, and the amount of the sinking fund 0. 3.-Shews the total amount of the applicable to its extinction, in the same years, money capital of debt which would have according to the proposed plan ; and the pro- been redeemed at any given periods of the portion per cent. which that sinking fund continuance of war, for 20 years, if 11 milwould bear to such debt in each year.-3 lions were borrowed annually, according to per cents, at 60.

the present system ; also, the total amount of N. 2.-Shows what would be the amonnt money capital of debt which will have been of the whole debt, and the amount of the redeemed at the corresponding periods, acsinking fund applicable to its extinction, in cording to the proposed plan.-3 per cents. any year for 20 years, if 11 millions were at various prices, from 60 to 100. borrowed for the service of each year, 0. 4.-Shews at one view the different according to the present system, and the results of tables 0.-0.2.-and O S. proportion per cent. which the sinking P.--Shews the periods at which an fund would on that supposition bear to amount equal to all future loans to be raised the debt in each year. Also, what would be according to the proposed plan, would be the amount of the whole debt, and the redeemed, on various suppositions of the amount of the sinking fund applicable to its prices of the 3 per cents. stocks, and accordextinction, in the same years, according to ing to two different modes of application of the proposed plan, and the proportion per the sinking fund at the end of those 20 cent. which that sinking fund would bear to years, the debt in each year.-3 per cents, at various prices, from 60 to 75.

IX.-TABLES RESPECTING THE PERIODS N. 3.-Shews what would be the amount of the whole debt, and the amount of the RELEASED, ON DIFFERENT SUPPOSITIONS. sinking fund applicable to its extinction, in

WAR TAXES. any year of 20 years, if 11 millions were Q.-Shews the amount of war taxes borrowed for the service of each year, ac- which may be released at the end of any cording to the present system; and the pro- given year after 1815 (supposing peace to portion per cent. which the sinking fund take place in any such year) by the applicawould on that supposition hear to the debt tion of the excesses of the present sinking

Also, what would be the fund alone, added to what will fall in by the amount of the whole debt, and the amount operation of the revolving series of 14 years. of the sinking fund applicable to its ex- --3 per cents. at 60. tinction, in the same years, according to the Q. 2.-Shews the amount of war taxes proposed plan; and the proportion per which may be released at the end of any cent, which that sinking fund would bear to given year after 1815 (supposing peace to the debt in each year.—3 per cents. at va take place in any such year) by the aprious prices, from 60 to 100.

plication of the excesses of the present sinkN. 4.-Shews at one view the results of ing fund alone, added to what will fall in by Tables N.-N. 2.--and N. 3.

the operation of the revolving series of 14 1).-Shews the total amount of the money years. --3 per cents. at various prices, from capital of debt which would have been re- co to 75. deemed at any given periods of the continu- Q. 3.-Shews the amount of war taxes ance of war, tor 20 years, if 11 millions which may be released at the end of any were borrowed annually, according to the given year after 1815 (supposing peace to present system; also, the total amount of take place in any such ycar) by the applicamoney capital of debt which will have been re- tion of the excesses of the present sinking deemed at the corresponding periods, accord- fund alone, added to what will fall in by the ing to the proposed plan. - 3 per cents. operation of the revolving series of 14 years.

-3 per cents. at various prices, from 60 0.2.-Shews the total amount of the to 100, money capital of debt which would have Q. 4.--Shews at one view the different been red emed at any given periods of the results of tables Q.-Q.2,--and Q. 3.

AT WHICH THE WAR TAXES WOULD BE

in each year.

at 60.

[ocr errors]

PROPERTY TAX.

the 21,000,0001.-3 per cents at various R.-Shews the amount of the war taxes prices, from 60 to 75. which would be released at the end of any R. 3. Shews the amount of the war : given year, when peace might take place, if taxes which would be redeemed at the end of

the principle of rendering disposable the ex- any given year when peace might take place, cess of the sinking fund above the interest of if the principle of rendering disposeable the

the debt were applied on the return of peace excess of the sinking fund above the interest : to the debt charged on the war taxes, as of the debt were applied on the return of · well as to the present debt. And in that peace to the debt charged on the war taxes as

event shewing how much the property tax well as to the present debt. And in that would remain pledged at the end of any event, shewing how much of the property given year, supposing the other war taxes, tax would remain pledged at the end of any exclusive of the property tax, to produce given year, supposing the other war taxes, 9,500,0001. per annum, and the property exclusive of the property tax, to produce tax to produce 11,500,0001. so as to com- 9,500,0001. per ann.; and the property tax plete the 21,000,0001.-3 per cents, at 60. to produce 11,500,0001., so as to complete

R. 2.-Shews the amount of the war 21,000,0001.-3 per cents. at various prices, taxes which would be released at the end of from 60 to 100. any given year when peace might take place, R. 4.-Shews at one view the different re. if the principle of rendering disposable the sults of tables R.-R. 2.-and R. 3. excess of the sinking fund above the interest of the debt were applied on the return

INCOME TAX of 1798. of peace to the debt charged on the war S.-Shews the amount of debt for which taxes as well as to the present debt. And in the income tax stood pledged at the time of that event shewing how much of the property its Repeal in 1802, and the periods in which tax would remain pledged at the end of any that part of the income tax which was appligiven year, supposing the other war taxes, cable to the extinction of the said debt would exclusive of the property tax, to produce on the return of peace have extinguished the 9,500,0001. per annum, and the property tax same; at various prices of stock, viz. at 60, to produce 11,500,0001. was to complete l 75, and at par.

[ocr errors][ocr errors][ocr errors][ocr errors]

TABLE A.

Shewing, The Amount of the LOANS which would be charged in each

successive Year upon the WAR Taxes; and the Amount of the WAR Taxes pledged in each successive Year, to provide for the Interest and Sinking Funds of such LOANS.

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors]

** From this Table it appears, that, supposing peace to take place at the end of 7 years from this time, no more than 9,800,0001. of the war taxes would then have been mortgaged, and consequently that nearly the whole of the property tax (which is estimated to produce 114 millions out of the 21 millions) might then be taken off immediately on the conclusion of a peace. It will be shewn in another of these tables, in what mode the discontinuance of the property tax on the return of peace may be provided for, even supposing the war to last beyond these 7 years.

* 5 This sum is the portion of war taxes which had been appropriated to the loan of the first year, and which being set free in 1821 by the redemption of a sum equal to that loan, will then become applicable to the charge cfa fresh loan to the like amount. The like ob servation applies to all the succeeding sums in this column.

« AnteriorContinuar »