Monarch

GEORGE II

Year

1749

Title

23 Geo. II, c. 2,

Description

An Act for Payment of the Principal Sums of Seventy Thousand Pounds and Fifty Eight Thousand Five Hundred Pounds in Discharge of so much of the National Debt; and for granting to his Majesty an additional Duty on Wine, Silk, Hops, China, Earthen Japanned or Lacquered Ware and Vinegar; and also a Tax of Four Shillings in the Pound on all Salaries Profits of Employment Fees and Pensions to be applied to Discharge the Interest of the said Principal Sums until the same shall be paid; and also to pay an Interest of Four Pounds per Cent. per Annum for the Sum of Two Hundred and Fifty Thousand Pounds which will remain due after the Payments aforesaid and an Interest of Four Pounds per Centum per Annum for such further Sums as may hereafter be borrowed pursuant to an Act passed in the Nineteenth Year of His present Majesty's Reign and towards the Discharge of the said Principal Sum of Two Hundred and Fifty Thousand Pounds.

Classification

Revenue - additional duties, national debt [ rv]