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Table, B. 2.

Estimated Amount of the SINKING FUND at the 1st of August in each Year, according to the Existing System, and according to the Proposed PLAN; upon the foregoing Suppositions.

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addition of 1,127,963 proposed to be made in the present year. * Throughout this Column, the Sinking Fund is shewn as increased by the

In 1830, the Sinking Fund, according to the Existing System, is reduced from £. 39,675,101 to £. 18,388,582 in consequence of the Redemption of the Debts consolidated by the Act of 1802.

A reduction of a similar nature, but of smaller amount, takes place on the Redemption of each subsequent Loan, the Period of which may be found in Table, A. 3.

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TABLE, C. 2.

-Estimated Amount of the SINKING FUND at the 1st of August in each Year, according to the Existing System, and according to the Proposed Plan; upon the foregoing Suppositions.

Existing Proposed System.

Plan.*

1813 13,140,495 14,268,458 * Throughout this 1814 13,658,309|14,322,111| Column, the Sinking 181514,191,658 14,377,374 Fund is shewn as in1816 14,741,007|14,434,295 creased by the addi1817 15,306,837 14,492,923 tion of £.1,127,963 1818 15,889,642 14,553,310 proposed to be made 1819 16,489,931 14,615,509 in the present year. 1820 17,108,228 14,679,574

1

1821 17,745,074 14,745,561 1822 18,401,026 14,813,527 1823 19,076,656 14,883,532| 182419,772,555 14,955,637

1825 20,489,331|15,029,906
1826 20,033,755|15,106,403|
1827 20,748,067 15,185,195
1828 21,483,808|15,266,350
|1829|22,241,622 15,349,940)
1830 23,022,170|15,436,038|
1831 23,826,135 15,524,719
1832 24,654,219 15,616,060
1833 25,507,145 15,710,141|
1834 26,385,659|15,807,045}
1835 27,290,528|15,906,856
|1836|28,222,543|16,009,661|
1837 29,182,519|16,115,550
1838 30,171,294 16,224,616
|1839 31,189,732|16,336,954|
1840 32,238,723|16,452,662

to

1841 12,032,665 16,571,841|-- In 1841, the Sink1842 12,506,944 16,694,596 ing Fund, according 1843 12,995,452|16,821,033| to the Existing Sys1844 12,855,478 16,951,263 tem, is reduced from 1845 13,354,44217,085,400 £. 33,319,184 1846 13,868,375 17,223,562 £.12,032,665 in con1847 12,133,666 17,365,868 sequence of the Re1848 12,610,975 17,512,444 demption of the Debts 1849 13,102,604 17,663,417 consolidated by the 1850 12,413,782 17,818,919 Act of 1802.-A Re1851 12,899,495 17,979,086 duction of a similar 1852 13,399,779 18,144,058 1853 13,902,600 18,313,979 1854 14,432,978 18,488,998 1855 14,979,267 1856 15,541,945 1857 16,121,503 1858 16,718,448] 1859 17,333,301 1860 17,966,600 1861 18,618,898) 1862 18,206, 103 1863 17,901,520| 1864 16,658,166 1865 16,498,494 1866 15,924,162

nature, but of smaller amount, takes place on the Redemption of each subsequent Loan, the Period of which may be found in Table, C. 3.

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Table, D. 1.

Estimated ANNUAL and TOTAL AMOUNT of NEW TAXES, to be imposed according to the Existing SYSTEM, and according to the Proposed PLAN; on the Supposition of the continuance of War until the year 1820, and from thence to be succeeded by alternate Periods of Ten Years of Peace and War.-Annual Loans of £.25,000,000 at £.5 per centum during War: Interest at £.4 per centum during Peace.

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* In 1821, the War Taxes pledged for the Loan of 1807 will, according to the Existing System at £.5 per cent. be set at liberty by the Redemption of that Loan, and again become applicable to the Service of the year. The future Annual Loans are therefore reduced to £. 24,000,000 and the Charge thereby occasioned to £. 1,600,000; and from the year 1831, it is supposed that the Loans will be charged upon the Funds appropriated to the Consolidated Sinking Fund of 1802, which will fall in in 1832, and the several Loans which will fall in after that year; and therefore no further Taxes will be necessary.

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TABLE, D. 2.—Estimated Amount of the SINKING FUND at the 1st of August in each Year, according to the Existing SYSTEM, and according to the Proposed PLAN, upon the foregoing Suppositions.

Existing System. Proposed Plan.*

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* Throughout this Column, the Sinking Fund is shewn as increased by the addition of £. 1,127,963 proposed

be

made in

present year.

to

the

+ In 1832, the Sinking Fund, according to the Existing System, is reduced from £. 35,273,261, to £. 13,986,742 in consequence of the Redemption of the Debts consolidated by the Act of 1802.

A reduction of a similar nature, but of smaller amount, takes place on the Redemption of each subsequent Loan, the Period of which may be found in Table, C. 3.

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