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Part 2, Folio 3. A memorandum posing a query: 'Whether in reducing rates of interest...

Description and record details

Reference SP 35/68/112C
Date [c 1694 - c 1702]
Description

Part 2, Folio 3.

A memorandum posing a query: 'Whether in reducing rates of interest the premia of £45,000 and £8,000 allowed to the Bank [?of England] for circulating exchequer bills should be abated because it may be questioned whether the Bank will continue their contract for circulation without these allowances; and if they should refuse it, who will engage to circulate those bills at a less interest without any of the like allowances'. Endorsed: 'relating to the public funds' and 'William III'.

Held by The National Archives, Kew
Legal status Public Record(s)
Language

English

Closure Status Open Document, Open Description

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