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57.

Fund in lieu of debentures made forth to ye. Sufferers at Nevis & St. Christophers to ye. amount of £141,093,,15,,1 1/4. of which there still remain'd unpaid ye. sum of £37,821,,5,,1 1/4.

All these Annuities being in their nature seperate from each other & having distinct funds attending them, ye. proprietors were liable to many inconveniences, & ye. publick Account to obscurity, & perplexity, 1st from having different of transfer at ye. Bank,

2dly tho' all receiving ye. same rate of interest, yet bearing different prices at market, in proportion as their respective funds were more or less difficient, 3dly tho' provision was made in ye. several Acts for supplying ye. difficiencies of ye. respective funds from ye. sinking fund which had such advances made good to it out of ye. Supplies of ye. year, yet this very method was attended with a circuit & perplexity very unnecessary, & which prevented ye. publick having a clear & distinct view of its whole revenue.