The National Debt

Eric L. Hargreaves Oriel College, Oxford

I THE ORIGIN OF THE DEBT II THE SINKING FUND III CONSOLIDATION. THE ORIGIN OF THE STOCKS IV THE SEVEN YEARS WAR AND THE WAR OF INDEPENDENCE V EIGHTEENTH. CENTURY VIEWS ON THE DEBT. VI THE REVIVAL OF THE SINKING FUND VII THE WAR WITH FRANCE-I VIII THE WAR WITH FRANCE-II IX THE ABANDONMENT OF THE SINKING FUND X 1830-60 XI TERMINABLE ANNUITIES XII Two AND A HALF PER CENT. XIII WAR AND POST-WAR BORROWINGS XIV THE PROBLEM OF REPAYMENT