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Browsing named entities in The Daily Dispatch: July 4, 1861., [Electronic resource]. You can also browse the collection for 1858 AD or search for 1858 AD in all documents.
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The Daily Dispatch: July 4, 1861., [Electronic resource], The British National debt. (search)
The British National debt.
In 1844 the national debt of Great Britain amounted to seven hundred and eighty-seven million five hundred and ninety-eight thousand one hundred and forty-five pounds sterling, with annual interest and expenses to the tune of thirty million four hundred and ninety-five thousand four hundred and fifty pounds. In 1858 it reached eight hundred and four millions four hundred and forty-five thousand four hundred and eighty-three pounds, but the annual charges was only twenty-eight million five hundred and one thousand four hundred and seventy-nine pounds. The loan contracted to meet the wants of the famishing Irish, in 1847-'8, was wholly paid off in five years. The addition made to the debt by the Russian war was thirty-six million six hundred and forty-five thousand nine hundred and eighty-seven pounds, and of this three million five hundred and thirty-six thousand three hundred and five pounds have since been extinguished; but at the present rate of re-pa