Substance of Observations on the State of the Public Finances Great Britain, Lord Rawdon: In a Speech on the Third Reading of the Bank Loan Bill House of Lords, on Thursday, June 9, 1791 by Rawdon Rawdon

ISBN: 9781332201815

Published: September 27th 2015

Paperback

56 pages


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Substance of Observations on the State of the Public Finances Great Britain,  by  Lord Rawdon: In a Speech on the Third Reading of the Bank Loan Bill House of Lords, on Thursday, June 9, 1791 by Rawdon Rawdon

Substance of Observations on the State of the Public Finances Great Britain, by Lord Rawdon: In a Speech on the Third Reading of the Bank Loan Bill House of Lords, on Thursday, June 9, 1791 by Rawdon Rawdon
September 27th 2015 | Paperback | PDF, EPUB, FB2, DjVu, AUDIO, mp3, RTF | 56 pages | ISBN: 9781332201815 | 4.71 Mb

Excerpt from Substance of Observations on the State of the Public Finances Great Britain, by Lord Rawdon: In a Speech on the Third Reading of the Bank Loan Bill House of Lords, on Thursday, June 9, 1791I am too well aware, that no attention canMoreExcerpt from Substance of Observations on the State of the Public Finances Great Britain, by Lord Rawdon: In a Speech on the Third Reading of the Bank Loan Bill House of Lords, on Thursday, June 9, 1791I am too well aware, that no attention can follow up a long and complicated detail of figures- I shall, therefore, have the policy to restrict myself to the plainer and more essential features of the subject, declining minor investigation.

It is with this view to perspicuity that I shall argue from the date submitted by Ministers to the Committee of Finance, whose Report has been just published- and I beg to be understood as making my calculations upon those documents, unless where I expressly declare my deviation.I shall, with your permission, begin with a brief advertence to a point, which, without doubt, interests me personally- but which would not be obtruded by me upon you, did it interest me alone.

It is a matter of importance to the public as much as to myself. I allude to the balance between the receipt and the expenditure of the three years immediately following the establishment of the plan for diminishing the National Debt- namely, from 5th of January 1786 to 5th of January 1789. I had asserted in this House, that the million yearly, during that period, applied towards the reduction of the National Debt, did not spring from an annual surplus of income after the expenditure was defrayed- but that it was furnished from extra resources.

In making that assertion, I took a distinction which I think was fair and liberal.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition.

We do, however, repair the vast majority of imperfections successfully- any imperfections that remain are intentionally left to preserve the state of such historical works.



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