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Enclosure A: [Table Showing the Effect of a Sum Annually Created], 30 November 1792
| Table Shewing the Effect of a Sum Annually Created, Equal to the Interest of the Sum to Be Redeemed, Within Each Year, for a Period of Nine Years, Commencing from the 1st of January 1793. On the Supposition, That the Interest on the Sum Annually Redeemed, Be Invested, As It Is Liberated, in the Purchase of 6 Per Cent Stock, at the Price of 22 Shillings in the Pound. | ||||||
| Periods of redemption | Sums annually redeemable. Dollars. Cents |
Interest annually liberated. Dollars. Cents |
Sums annually purchased. Dollars. Cents |
|||
| January 1st. | 1794. | 550.000. | 33.000. | 291.172. 4. | ||
| ditto | 1795. | 583.000. | 34.980. | 262.523. 5. | ||
| ditto | 1796. | 617.980. | 37.078.80. | 231.916.56. | ||
| ditto | 1797. | 655.058.80. | 39.303.52. | 199.233.86. | ||
| ditto | 1798. | 694.362.33. | 41.661.73. | 164.349.20. | ||
| ditto | 1799. | 736.024. 7. | 44.161.44. | 127.129.15. | ||
| ditto | 1800. | 780.185.52 | 46.811.13. | 87,432.33. | ||
| ditto | 1801. | 826.996.65. | 49.619.79 | 45.108.90. | ||
| ditto | 1802. | 1.126.616.44. | 67.596.41. | 61.451.28 | ||
|
. . . . . . . . . . . . . . . . | 65.000. | 573.520.70. | |||
| 459.212.82. | 2.043.837. 7. | |||||
Treasury Department, November 30th. 1792.
Alexander Hamilton. Secy. of the Tresy.