The digital edition of all books may be viewed on our website before purchase. Excerpt from Reasons for Dissent From the Scheme of Reduction of Interest on the Three-and-a-Half Per Cents, as Proposed by Government; And for Assent to Such Reduction Only Upon an Equitable Principle
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.The digital edition of all books may be viewed on our website before purchase.
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book explores the history of the relationship between the British government and its creditors and examines the government's attempts to reduce interest payments on its debt, particularly the 3.5% stock. The author argues that the reduction in interest rates would be unfair to stockholders and could lead to a loss of confidence in the government. Instead, the author suggests that the government should convert the 3.5% stock into a new stock with a fluctuating interest rate based on the average market rate over the past three years, capped at 3.5%. This would provide creditors with a fair return while protecting the government from potential losses. The book delves into the nuances of government finance and offers a critical perspective on the ethics of financial agreements. By examining historical precedents, the author sheds light on the complexities of public debt management and its implications for both the government and its creditors. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781334347351_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334347351
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334347351
Quantité disponible : 15 disponible(s)