date

If not, and if it were regarded as one whole
If not, and if it were regarded as one whole not to be

dispensed with, that in one parcel

of the consolidated 3 per Cents should be paid

off but on one of the half yearly days in use for the payment of the

dividends in these Annuities, and that day move

them in twelve months of

posterior by one day at least, above a twelvemonth, to the first

day on which the notice to that effect shall have been made public, the

consequence will be, that upon the first parcel so paid off the loss of

time and interest will amount to a full twelvemonth: but

that, upon

all subsequent parcels, the loss of time will be

such, as can not amount to less than a

a year and a quarter upon the whole. The paying off the

first parcel say the 25 th of December 1804 the last day,

on which notice can be made public, will be the 24 th of Dec r 1803. For paying off the

second parcel the earliest day that can be appointed will be the

26 th of June 1805. Should a parcel of the

magnitude required by the Act (£500,000) have come in or been

made sure by the 25 th of Dec r 1803, notice may be giving appointing, as the day

of payment in respect of that sum, the 26 th of June 1805: But, on this transaction, 1-1/2

all but a day, would be lost. If again, by the 24 th of June 1804, a further sum happened to have

been collected or made sure, and notes given accordingly for the 24 th of June 1805, as before
Similar Items
  • Title: [Money Traffic Exchequer Notes Plan]
    Description: Money Traffic

    Exchequer Notes Plan

    . 7

    To give a farther facility to the calculation and thence to the circulation a table

    should be added to the impression exhibiting the encrease of interest accrued at a

    certain number of equal periods in the year: say 15 periods of 24 days each: throwing

    out as before mentioned the odd days.

    Table for a twenty pound note may be as follows.

    Table shewing the interest that will have accrued upon this note at different periods

    in the Year: each consisting of 24 days: and thence the encrease of vale that it will

    have received thereby: and the prices which will accordingly be to be given for it if

    received at par, and so for five successive Years

    1796

    1797

    1798

    1799

    1800

    Jan: 24

    0: 0 6

    _ 8

    _ 15. 6

    1. 3

    1. 10. 6

    Feb: 17

    Mar. 13

    April 6

    _ 2: _

    _ 9. 6

    _ 17. _

    1. 4. 6

    1. 12.

    April 30

    May 24

    June 17

    July 11

    _ 4

    _ 11. 6

    _ 19. _

    1. 6. 6

    1. 14

    Aug. 4

    _ 4. 6

    _ 12.

    _ 19. 6

    1. 7. _

    1. 14. 6

    Aug. 28

    Sept. 21

    Oct. 15

    _ 6. _

    _ 13. 6

    1 1 _

    1. 8. 6

    1. 16

    Nov. 8

    _ 6. 6

    _ 14. _

    1 1. 6

    1. 9. _

    1. 16. 6

    Dec 2

    _ 7. _

    _ 14. 6

    1 2. _

    1. 9. 6

    1. 17. _

    Dec 26

    _ 7. 6

    _ 15. _

    1 2 6

    1. 10. _

    1. 17. 6

    1796

    Interest has been upon this Note for the Years _ _ _ _ _ _ _ _

    To find the value of this Note on any day not mentioned in this Table, add a farthing

    a day to the sum opposite that one of the days mentioned in it which immediately

    precedes the day in question

    With these advantages there seems no occasion for making them payable either in

    respect of principal or interest more than once a year.

    With respect tot eh interest, a time may be fixed within which the Notes must be

    presented for payment: Notes not presented within the time not to be paid till the

    paying season recurrs in the next year. On such terms the/The number of days allotted

    for payment in each year can not consistently with good faith fall much short of what

    would be sufficient for paying the interest upon the whole number of notes if

    presented, should they happen to be presented, which however is sovereignly/supremely

    improbable: though at the outset the presumptions upon which the arrangements are

    grounded should all of them be as unfavourable as possible.
  • Title: [S t. Petersburg Feb 14 th 1781 I have]
    Description: S t. Petersburg Feb 14 th 1781

    I have no more time than just to forward to you your brother's letter which he left with me at his setting out, and to tell you, Sir, that his business goes on very well, he has two excellent strings to his bow, in short I know not how he could be better off, but you must not be in a hurry, that is the worst in our country; It will be a twelvemonth, or let us say, for the most 18 months, before his affairs can be determined on. I must tell you that I am not a stranger to his pressing circumstances in other respects. He has been very uneasy, I could see, at his having drawn on his father for so much, I could have prevented him, taking away the necessity; this howwever he would not allow. But although my allowance is but scanty for the expences I am necessarily, from my situation drawn into, yet you may make his father, if you please, easy as to the apprehensions of more demands, I will save my friend from that and I shall have a bad opinion o fhim if he does not permit me to satisfy his further wants: I shall one day other have a sufficiency, and indeed as my wants are not very extensive, an affluency, and then I am sure my friend cannot want
  • Title: [24 April 1807 A3 3 Letter V]
    Description: 24 April 1807

    A3 3

    Letter V

    Inadequate compensation

    3. Appeal vice Advocation

    2. Where a debt in the shape of a sum of money is the subject of the demand, the profit of the defendant, to be made by staving off payment, will encrease of course with the length of time during which it can be staved off - i.e. with the interest upon the principal sum constituting the debt: like profit, though perhaps not always equal profit, where the subject of the demand consists not in money, but in some specific thing or assemblage of things moveable. To countervail this profit to the defendant this loss to the plaintiff - is any satisfaction provided at the defendant's charge? Oh no:- upon the principle so fully above explained - the Magna Charta of learned Lords and Gentlemen the application of any such check to business is carefully and religiously avoided:- in the Court appealed from on entering the Appeal, a Bond to be given for debt and costs; yes: for debt and costs: but not for damages: not for the ademption of dishonest gain, not for the making up of undue loss, under any name, Scotch or English.