Excerpt from Two Letters Printed in June and September, 1728: Giving an Account of the Rise and Progress of the Sinking Fund
This is the happy State of the Sinking Fund with regard to its feif, and like wife ofthe publick Credit, and the whole of the Savings in 1717, and fince, are about I. For Auuum.
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This 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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Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book offers a captivating exploration of the Sinking Fund, a crucial element in Britain's financial history. The author traces the fund's origins in 1717, when a reduction in interest rates on redeemable debts laid its foundation. The fund's growth was further fueled by the South Sea Scheme of 1720, which enabled the reduction of interest on both redeemable and irredeemable debts. This pioneering scheme stands out as the only effective method devised to address the interest burden. The book highlights the scheme's significance in propelling the Sinking Fund to its current state, a testament to the author's deep understanding of the subject. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781334348099_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334348099
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334348099
Quantity: 15 available