An Inquiry Concerning the Rise And Progress, the Redemption And Present State, And the Management of the National Debt of Great Britain 13

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8s. in the five per cents, and L.26. 5s. in the four per cents. A similar option was given next year.
Note XV1L— Page 70 and 87.
Annuities for lives have been granted at various times, to the amount of L. 15 1,437, exclusive of those which were con- verted, or entirely fallen in before 1786; generally on single lives; sometimes on two or three lives; and sometimes with the benefit of survivorship. They were reduced by death in 1786, to L.94,878 ; at which time the present sinking fund was estab
...lished, and the sums saved by their farther reduction, ap- pointed to be carried to that fund. They were reduced in 1798 213 1798 to L.79,135; in 1S02, to L.73,796; and in 1612, to L.65,571 ; and as a considerable part of this last sum has not been demanded for these three years, the reduction by death is probably greater. The particulars of tUe original amount of these annuities; their state at the commencement of the sinking fund; and their present state, are exhibited in the following table.

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