i4] 



ANNUAL REGISTER, 1813. 



the more effectual reduction of the 

 said debt, and of the public debt 

 since contracted. 



2. " That, by virtue of the said 

 acts, the sum of 238,350,143/. 18s. 

 Id. exceeding the said sum of 

 238,231,248/. 55. 2fc?. by 118,895/. 

 12*. lO^d. had, on or before the 

 first day of March 1813, been 

 actually purchased by the com- 

 missioners for the reduction of 

 the national debt, or transferred to 

 the said commissioners for the re- 

 demption of land tiix, or for the 

 purchase of life annuities. 



3. " That it is expedient now 

 to declare that a sum of capital 

 stock equal to the total capital of 

 the public debt, in perpetual re- 

 deemable annuities, existing on 

 the said 5th day of January, 1786, 

 hath been purchased or transferred 

 as aforesaid ; and so soon as further 

 sums of the public debt shall have 

 been so purchased or transferred, 

 making in the whole an amount of 

 annual charge of the public debt 

 so purchased or transferred, equal 

 to the whole annual charge of the 

 public debt, in perpetual redeem- 

 able annuities, existing on the said 

 5th day of January, 1786, to de- 

 clare further that an amount of 

 public debt equal to the whole of 

 such capital and charge of the 

 public debt, existing on the said 

 5th day of January, 1786, hath been 

 satisfied and discharged : and that, 

 in like manner, an amount of pub- 

 lic debt equal to the capital and 

 charge of every loan contracted 

 since the said 5th day of Jan. 1786, 

 shall successively, and in its proper 

 order, be deemed and declared to 

 be wholly satisfied and discharged 

 when and as soon as a further 

 amount of capital stock, not less 

 than the capital of such loan, in 



perpetual redeemable annuities, 

 and producing an interest equal to 

 the dividends thereupon, shall be 

 so redeemed or transferred. 



4. " That, after such declaration 

 as aforesaid, the capital stock pur- 

 chased by the said commissioners, 

 and standing in their names, in the 

 books of the governor and company 

 of the Bank of England and of the 

 South Sea company, shall from 

 time to time be cancelled, as if the 

 same had been transferred for the 

 redemption of land tax, at such 

 times and in such proportions, not 

 exceeding the amount of debt so 

 declared to be satisfied and dis- 

 charged, after reserving thereout 

 any sum or sums necessary to make 

 provision for the payment of all 

 life annuities chargeable upon the 

 sinking fund of Great Britain, as 

 shall be directed by any act or 

 acts of parliament to be passed for 

 such purpose; in order to make 

 provision for the charge of any 

 loan or loans thereafter to be con- 

 tracted upon the same funds or 

 securities, as are chargeable with 

 the said stock so declared to be 

 satisfied and redeemed. 



5. " That, in order more effec- 

 tually to secure the redemption of 

 the public debt, conformably to 

 the provisions of the acts of the 

 32nd and 42nd years of his present 

 majesty, it is expedient to enact, 

 that all sums granted for the re- 

 duction thereof^ by the several acts 

 aforesaid, should be further conti- 

 nued, and made applicable by the 

 reduction of all public debt now 

 existing, or which may be here- 

 after contracted during the present 

 war. 



6. '• That, in order to carry ipto 

 effect the provisions of the^ said 

 acts of the 32nd and 42nd of th« 



