Considerations Occasioned by a Proposal for Reducing Interest to Three Per Cent : With Some General Thoughts Upon Reductions (Classic Reprint) by Unknown Author
Excerpt from Considerations Occasioned by a Proposal for Reducing Interest to Three Per Cent: With Some General Thoughts Upon Reductions
In the Daily Journal of Friday March 18th, 1737. there is Proposal towards lowering the Interest of all the redeemabble National Debts to 3 per Cent. per Annum.
And thereby to enable the Parliament to give immediate Ease to his Majesty's Subjects, by taking off some of the Taxes which are most burthensome to the Poor, and especially to the Manufacturers.
As likewise to give Ease to the People, by lessening the annual Taxes for the current Service of the Year.
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