Report of the secretary of the Treasury respecting the redemption of the public debt; and the reimbursement of the loan made of the bank of the United States. Published by order of the House of Representatives.
- Title
- Report of the secretary of the Treasury respecting the redemption of the public debt; and the reimbursement of the loan made of the bank of the United States. Published by order of the House of Representatives.
- Author
- United States. Dept. of the Treasury.
- Publication
- [Philadelphia] :: Printed by Childs and Swaine,
- [1792]
- Rights/Permissions
-
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- Subject terms
- Bank of the United States (1791-1811).
- Debts, Public -- United States.
- Link to this Item
-
https://name.umdl.umich.edu/N19159.0001.001
- Cite this Item
-
"Report of the secretary of the Treasury respecting the redemption of the public debt; and the reimbursement of the loan made of the bank of the United States. Published by order of the House of Representatives." In the digital collection Evans Early American Imprint Collection. https://name.umdl.umich.edu/N19159.0001.001. University of Michigan Library Digital Collections. Accessed May 13, 2024.
Contents
- title page
- letter
- IN obedience to two resolutions of the House of Representatives, one of the 21st instant, directing the Secretary of the Treasury to report a plan for the redemp|tion of so much of the Public Debt, as by the Act, intituled, "An Act making provision for the debt of the United States," the United States have reserved the right to redeem—the other of the 22nd instant, directing him to report the plan of a provision for the reimbursement of the Loan made of the Bank of the United States, pursuant to the 11th section of the Act, intituled, "An Act to incorporate the Subscribers to the Bank of the United States,"—The said Secretary respect|fully submits the following Report.
- —A—TABLE showing the effect of a sum annually created, equal to the interest of the sum to be redeemed within each year, for a period of nine years, commencing from the 1st of January, 1793—on the supposition that the interest on the sum annually redeemed be invested, as it is liberated, in the purchase of 6 per cent. stock, at the price of 22 shillings on the pound.
- —B—TABLE EXHIBITING A VIEW OF THE PROPOSED PLAN OF REDEMPTION.
- —C.—MODE OF CONSTITUTING THE PROPOSED ANNUITIES.
- —D—VIEW of REDEEMING FUND to and upon the 1st January, 1802.