Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1822-04-23
FOREIGN NEWS.

In the British House of Commons, on the
18th February the Chancellor of the Eychp-
quer, Mr. Fansittart,) alter predatory s.,eech.
In winch he stated, g that the different stocks
standing in the name OF the five Der cents
amounted to ONE HUNDRED AND FoRTY-ryo
MILLIONS, FIVE HUNDRED AND THIRTY THOU
SAND POUNDS" and I" that the proprietors of
such stock, he believed, were DESTROYS 10 accent
the terms he was about TO PROPOSE" moved
the following resolution.
ReSolred, That it is the opinion of this
committee that all aud every person and per
sons, bodies polite or corporate, who now is.
or are, or hereafter may be, interested in. or
entitled unto, any part of the National Debt
redeemable by law, which now carries AN
interest after the rate of five pounds per cent.
per ann. and is usually known by the name of
Navy per Cent, by the name of Irish 8
per Cent Annuities. payable at the Bank of
England, and who shall not signify his, her, or
their dissent in the manner hereinafter men
toned, shall, in lieu of every iE1O0 of such
per Cent. Annuities, receive and be entitled to
the sum of one hundred and five pounds, in a
new Stock, TO be called the New -Four Pounds
per Centum Annuitles, and to carry an interest
after the rate Of four pounds per cent. per an
mum, and so in proportion for any greater or
less amount of such Five per Cent. Annu
payable half yearly, at the Bank of England.
upon the 5th day of January and the 5th day
of July, in each and every year and the first
half yearly dividend on the said New -Four
Pounds per Centum Annuities shall he pay
able on the 9Th day Of January, 1928 and
that the said New -Four per Cent. Annuiiirs
shall not be liable to be paid off until the 9th
day of January, 1899
a" That the interest and dividends payable
in respect Of the said new 5 per cent Annui-
ties be charged and chargeable upon the Con
solidated Fund of the United Kingdom of
Great Britain and Ireland, in the same manner
as the interest and dividends of the per cent.
Annuities now stand charged on the said
Fund.
THAT al and every person and persons,
bodies polite or corporate, WHO shall not,
withln the period commencing ON Monday
the 4th day of March, and ending on Satur-
day the 10th day Of March, 1922, both DAYS
inclusive, signify his, her, or their dissent from
accepting and receiving a Share in the said
New -Four Pounds per Centum Annuiiirs, in
lieu of bis, her, or their respective Shares in
the said Five Per Cent. annuities in the
manner hereafter directed, shall be- deem.
ed and taken 30 have Consented To accept and
receive the same Provided always, that if any
| Proprietor or Proprietors Of Five Per Cent.
Annuilics shall not be within the limits of III,
United Kingdom at any time between the 22d
day Of February aud the 10th day of March
| 1929, but shall be IN any other part Of Europe
It shall be lawful for such Proprietor a,
/ Proprieiors TO signify such dissent AT any tim,
/ before the first day of June 1922; and IL an,
such Proprietor or Projectors shall not, a
any time between The esd day of February
and the LIST day Of June 1922, be within an;
part Of Europe, it shall he lawful for him, her
or them, to signify such dissent at any tim,
before the ist day of MaIch, 1898, such Pro
Epretor or Projectors proving to the satisfac
ton Of the Governor and Directors Of tb
Bark of England, o. any two or more offhem
his, her, or Their absence, from The Unite,