A plan of applying the latest sanctions of parliament in the management of the public debt and of town finance to the debts and borrowing powers of the town council of Dublin

Abstract

Of all the modes of borrowing money for public purposes which were resorted to by financiers from the reign of William III, when the National Debt may be said to have commenced, till 1816, when it reached its greatest height?when the capital of the Debt was #885,186,323, and the interest payable was #32,938,751?the securities which found most favour with the public were the annuities, transferable in any amount however small, in books kept by the banks of England and Ireland, as agents for the Government, such annuities being called government stock.