![LINDSEY — Fine Receipt Document Signed Lindsey G[reat] C[hamberlain] to James Vernon, | Sophie Dupré Autographs](/stock-images/51647-1.jpg)
Political
THE ORIGINAL NATIONAL DEBT
LINDSEY
(Robert Bertie, 1660-1723, from 21st December 1706 Marquis of)
Fine Receipt Document Signed Lindsey G[reat] C[hamberlain] to James Vernon,
Teller of the Exchequer, for £175, being 3 months' Annuity due at Lady day last past, on £5,000 advanced to the Exchequer on 27th September 1693 towards carrying on a Vigorous War against France, printed with MS additions, 1 side 12 x 7½, the receipt 22nd April
Item Date: 1707
£575
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Background
The clerk has written of Lindsey late Lord Willughby, his style when the loan was made. The 14% Annuities were to be paid out of duties on beer, ale and other liquors. Contributions up to £1,000,000 were invited by 1st May 1693 (see 4 William & Mary, 1692, c. 3), to be repaid during the single life of the contributor or his nominee at 10% p.a. till 1700, thereafter at 7%. But the same act provided that if the £1,000,000 were undersubscribed, additional contributions at 14% on single lives could be accepted up till Michaelmas, 29th September 1693, and many held out for this better offer.
Stock No. 51647
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