Observations On Mr Dundass Letter of the 30th of June 1801 to the Chairman

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Observations On Mr Dundass Letter of the 30th of June 1801 to the Chairman
Huneker James
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30. ) to the " amount of three or four millions (Idling, to i; meet any fucldcn emergency, and to fave <; you LliC neccfTuy of having immediate recouife ; to [ 21 ] " to large loans, " the prefent generation have nothing to do with it. The Millenium of the Saints is juft as near at hand. Before he talks of depofits of treafure in India, he ought to have exhibited a fund of net proceeds in Eng- land, to make good the payment of 5OO, ooo/. C a year, to the Exchequer for the ufe of the ^ public^ on which condition the Charter was <. Renewed ; but of which only 5OO, ooo/. Has 7 been paid fince the ift of January, 1793; fo that on this account, four millions will be due N to die public on the ift of January, 1802. He ought alfo to have completed, or at leaft have made a confidcrable progrefs in the pur- chafe of ftock in the public funds, towards eftablifhing the guarantee fund, which in pro- cefs of time was to have amounted to twelve millions of pounds fterling, and of which not one (hilling's woith of Hock has been bought.

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