t of the general
mortgage from one thousand seven hundred and ten to one thousand seven
hundred and twelve; but with no provision of interest till August the
first, one thousand seven hundred and ten, otherwise than by striking
tallies for it on that fund, payable after all the other money borrowed.

"In one thousand seven hundred and eight, the same funds were continued
from one thousand seven hundred and twelve to one thousand seven hundred
and fourteen, to raise seven hundred twenty-nine thousand sixty-seven
pounds fifteen shillings and sixpence; but no provision for interest
till August the first, one thousand seven hundred and twelve, otherwise
than as before, by striking tallies for it on the same fund, payable
after all the rest of the money borrowed. And the discount of tallies
then beginning to rise, great part of that money remains still unraised;
and there is nothing to pay interest for the money lent, till August the
first, one thousand seven hundred and twelve. But the late lord
treasurer struck tallies for the full sum directed by the act to be
borrowed, great part of which have been delivered in payment to the navy
and victualling offices, and some are still in the hands of the
government.

"In one thousand seven hundred and nine, part of the same fund was
continued from August the first, one thousand seven hundred and
fourteen, to August the first, one thousand seven hundred and sixteen,
to raise six hundred and forty-five thousand pounds; and no provision
for interest till August the first, one thousand seven hundred and
fourteen (which was about five years), but by borrowing money on the
same fund, payable after the sums before lent; so that little of that
money was lent But the tallies were struck for what was unlent, some of
which were given out for the payment of the navy and victualling, and
some still remain in the hands of the government.

"In one thousand seven hundred and ten, the sums which were before given
from one thousand seven hundred and fourteen, to one thousand seven
hundred and sixteen, were continued from thence to one thousand seven
hundred and twenty, to raise one million two hundred and ninety-six
thousand five hundred and fifty-two pounds nine shillings and
elevenpence three farthings; and no immediate provision for interest
till August the first, one thousand seven hundred and sixteen; only,
after the duty of one shilling _per_ bushel on salt should be cleared
from the money