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the part of the Chancellor of the Exchequer; and into the hands of thoſe two gentlemen was previouſly put a memorandum, ſealed up, of the loweſt terms that would be accepted on the part of the public, to prevent any poſſible coliuſion, by a combination among different ſets of perſons offering for the loan, it would be difficult to compute, with any degree of correctneſs, the exact ſums that have been ſaved by this ſyſtem, firſt introduced, and ſteadily adhered to by Mr. Pitt; but, referring to the actual premiums at which the Omnium on the loans fold, on the firſt appearance of each in the market, in the years ſtated in the note it would be a mode
Premium. | |||||||||
In | 1781 | 8½ | to | 11 | In | 1800 | 1¼ | to | 1½ |
1782 | 4 | to | 5 | 1801 | 1¼ | to | 1½ | ||
1783 | 6 | to | 7¾ | 1802 | 3½ | to | 3¾ | ||
1790 | ½ | to | ¾ | 1803[1] | |||||
1794 | ¾ | to | 1½ | 1804 | 3¾ | to | 4 | ||
1795 | 4 | to | 4¼ | 1805 | 3¾ | to | 4¾ | ||
1796 | 3½ | to | 4 | 1806 | 3¾ | to | 4½ | ||
1797[2] | 1807 | ¾ | to | 1¼ | |||||
1798 | 1 | to | 1½ | 1808 | 2¾ | to | 3¼ | ||
1799 | 3½ | to | 4 | 1809 | 1 | to | 1¼ |
rate