. STATE PAPERS. 



263 



purpose, where the holders of each 

 bill shall be admitted to fund therti 

 at six per cci.t. ; that is to say, to 

 convert them into stock, in a fund 

 of six per cent, the registry of 

 which shall be kept in the same 

 manner as is that of the English 

 national debt in the books of the 

 Bank of England ; or, at the choice 

 of the holders of the said bills, in 

 *llebentures bearing six per cent, 

 interest, registered and numbered. 

 The English commissioners upon 

 the continent, shall be directed to 

 keep this registry, of which a du- 

 plicate shall be sent every month 

 to England, for the security of the 

 parties interested. 



VI. The interest of the bills 

 funded and converted into a six per 

 cent, stock, or into debentures, as 

 stated in Article V, shall be pay- 

 able every six months, in whatever 

 city of the north of Germany his 

 Britannic majesty's commissioners 

 shall point out for that purpose, to 

 commence from the month follow- 

 ing that of their being deposited 

 in the general office. The payment 

 of this interest, as well as tiie reim- 

 bursement of the capital, shall be 

 made in one or other of 'he cpins 

 hereinbefore specified in Article I. 



The bills which shall neither 

 haVe been registered nor funded 

 before the signature of the prelimi- 

 naries of peace, shall be entitled to 

 an interest of half per cent, per 

 month, to commence from the pe- 

 riod of the said signature, until 

 that of their re-imbursement. 



VII. The re-imbursement of the 

 whole of the fifteen millions thalers 

 of bills of credit, which his Bri- 

 tannic majesty takes upon himself, 

 shall be made as is specified in 

 Article I. in specie, cither in 

 Prusbian thalers according to the 



tariffof 1764^, or in Spanish dollars, 

 at the rate of one Prussian thaler 

 and a half for each dollar, at the 

 proportion of one n)illion of thalers 

 per month ; to conmience from the 

 month following the ratification of 

 a general peace. 



The reimbursement of these bills 

 shall be made in the manner fol- 

 lowing : first, the funded bills ac- 

 cording to the order of their sub- 

 scription, and then the monthly 

 bills not funded, according to the 

 date of their issue, so that the re- 

 imbursement shall be completed in 

 fifteen months. This re-imburse- 

 ment, as well as the payment of 

 the interest shall take place in such 

 cities on the continent as shall be 

 pointed out for that purpose. 



In the event, which God forbid, 

 of the state of peace, fixed for the 

 period of re-imbursement, being 

 disturbed afresh before the entire 

 completion of such re-imburse- 

 ment, the payment shall not there- 

 by be interrupted. 



VIII. His Britannic majesty re- 

 serves to himself the right of anti- 

 cipating, as he may think proper, 

 the period of re-imbursement, as 

 well of the six per cent, stock, as 

 of the bills not converted into that 

 stock. 



IX. The present convention 

 shall be ratified by the high-con- 

 tracting parties, and the ratifica- 

 tions shall be exchanged in due 

 and proper form in London as soon 

 as possible. In witness whereof, 

 we the undersigned, in virtue of 

 our full powers, have signed the 

 present convention, and have there- 

 unto affixed the seal of our amis. 



Done at London this cigliteciUli 

 (thirtieth) of September in tiie 

 year of our Lord, 1S13. 



(L. S.) Castlehkagh. 



(L. S.) Comic De LiEVKK. 



