94 A. D. 1785. 



Capitals. Annuities. 



Dae to the South-sca company ^24,065,084 13 llv-. 721,952 10 9 



Due to the bank of England 11 ,686,800 0.. 356,502 3 5 



Due to the East-India company 4,200,000 0.. 126,000 O O 



Tliree-per-cent fund of the year 1726 1,000,000 O .. 30,000 O O 



Three-per-cent 1/51, payable at") ,„,„«^^ ^ ^ c-r coo r^ ^ 



c X u f- JjOIQjOOO 0.. 57j588 O 



South-sea house J >^ i^> " 



Three-per-cent consolidated fund .. 107,399,696 5 li . . 3,221,990 17 9 



Three-per-cent reduced 37,340,073 16 4 . . 1,120,202 4 3 



Four-per-cent consolidated 32,750,000 0.. 1,310,000 O O 



Five-per-cent Navy &c 17,869,993 9 10 .. 893,499 13 5. 



Total of redeemable annuities ^238,231,248 5 2i . . 7,837,735 9 7i 



Besides the above there were ter- -\ 



minable Long annuities, which > 6S0,375 O O 



will expire 5'" January I860 . . J 



and Short annuities to S'l^ January! ach -ici^ » p, 



1808 j" 4U4,cicii a t) 



Totalofannuitiespayablehalf-yearlyat the bank of England, &c. 8,922,441 18 OJ- 

 There were also annuities, some for lives, and some for fixed 7 o 1 o 4s<s 16 ^ 

 terms of years, payable at the exchequer, amounting to . . 5 "' 



Total of annuities of all kinds payable to the national creditors* 9,134,927 14 3t 



There was moreover a capital debt of £i,(^gi,GOO : o : o confifting of 

 fums granted by parliament as compenfations to the loyalifts of Ame- 

 rica for their lofTes by the war. 



The annuities cofi; the public a further charge for paying and keeping 

 the accounts, which, with feme few exceptions, amounted to ;^j62 : 10 : o 

 upon every million of capital, (whether of a three, a four, or a five, per 

 cent annuity) reckoning every ^^40, 000 of the terminable annuities pay- 

 able at the bank equivalent to a million of capitalf : and there was alfo 

 an expenfe in fees for iffuing the money from the exchequer to the 

 bank, South-fea houfe, and India houfe, at the rate of jTi 00 for every 

 million ij:. 



The debts, incurred by the United ftates of America on account of 

 the war, have been varioufly eftimated from nine to eighteen millions 

 fterling : but fifteen millions, as ftated by Mr. Coxe of Philadelphia, is 

 probably nearefl to the truth. 



The war expenfes of the other belligerent powers, according to an 

 •eflimate made by a foreign writer upon finance, were as follows. 



* This {latement of the national debt is extraft- f In March 1786 the proprietors of the bank, 



«d from the account of it as it flood on the 5th of in confideration of the great increafe of the na- 



January 17S7, contained in the aft of parliament tional debt, agreed to take £^^0 per million, in- 



27 Geo. HI, c. 13, as being the mod authentic, ftead of the former allowances, for the management 



No alteration had then taken place in the amount of the biifmefs. 



of the debt or payments, unlcfs, perhaps, fome of J See the El^^venth report of the commiffionert for 



the exchequer life annuities fallen in, which could examining the public accounts. 

 make no difference worth noticing in fo fhott a 

 time upon an account of fuch magnitude. 



