Geo. I. -1717.

LOTTERIES.

Charges a duty of id a pound on foreign foap, and a half-1 penny a pound on foap made in Great Britain, from the 2d of Auguft 1714; additional duty on paper, &c. from the fame time, coals exported on foreign bottoms, 5 s. a chaldron, and on British bottoms, 3 s. a chaldron, and the deficiency to be yearly computed at Michaelmas, and to be made good out of any unappropriated money, for the term of 32 years.

For the bank upon their annuities.

Act of the 5th and 6th of King William and queen Mary. Charges five feventh parts of the second additional 9 d. per barrel excife, for raifing 12000001. granting to all perfons liberty to subscribe any fum, not exceeding 2000l. in one name, for which an annuity of 100000l. fhall be paid, and the subscribers be incorporated by the name of the governor and company of the bank of England, from the ift of Auguft 1694, to the ift of Auguft 1705; when, upon a year's notice, and repayment of the capital, the corporation to cease.

And by an act of the 7th of queen Anne, 61. per cent.

The bank lent 400000l. more without any additional interest (that is to fay) they reduced the intereft of their primitive ftock from 81. to 61. per cent. which, with 4000l, per ann. for management, fills up the original 100000l. annuity, this 4000001, and the 1200000l. to be repaid before the corporation be diffolved.

Act of the 5th of queen Anne, 41. 10s. per cent.

Charges the duty upon houfes or windows, from the firft of Auguft 1710, for ever, for raifing 15000001. by iffuing Exchequer bills to that value; by this act the bank undertook to circulate thofe bills, upon the confideration of 41. 10s. per cent. per annum, and Exchequer bills to be iffued for the intereft, till the fund commences. The bank to remain a corporation till the bills be redeemed.

Geo. I. 1717.

LOTTERIES,

And by another act of the 7th of queen Anne, 61. per cent.

It was enacted, That the bank should pay off and cancel all the exchequer bills before extant, which amounted to 17750271. 17s. 10 d. upon allowing 61. per cent. interest for that fum; to which purpose, an annuity was established of 1065011. 175. 6 d. to be paid to the bank out of the duty aforesaid, until the principal be paid off upon a year's notice.

Grant 46768121. 10s. by iffuing exchequer bills

Act of the 1ft of king George, 71. 4s. old. per cent.

The fund for these exchequer bills in the general or aggregate funds.

Eaft-India company.

Two acts of the 9th of king William.

Grant additional duties on ftamp paper and parchment, from the 1st of August 1698; and a duty of 2 s. 4 d. per bushel on falt, from 1698 and 1699, for ever; both thefe duties are given for 160000l. per annum, to raise by subscriptions 2000000l. at 81. per cent. per annum, the fubfcribers to have the fole liberty of trading to the East-Indies, redeemable upon payment of the principal, and three years notice after Michaelmas 1711.

By an act of the 6th of queen Anne, 51. per cent.

It is enacted, That the Eaft-India company fhall pay into the exchequer 1200000l. to have their 81. per cent. granted them in the 9th of king William, reduced to 51. per cent per annum, and to have the trade to India continued to them folely to Lady-day 1726; this, together with the former fum advanced, with all arrears of the 160000l. to be repaid before the company should be determined.