Dissenting Opinion on the Sinking Fund, [12 April 1792?]

Dissenting Opinion on the Sinking Fund



The Secretary of State continuing to dissent from any estimate of [the
par of the sixes at more than 20/ the pound, of] the true value of the
three percents
at more than
10/ the pound
[and of that
of the deferred sixes at such a sum as at a compound interest of 6 per
cent would produce 20/ at the term of paiment].




MS (DLC: TJ Papers, 72:12592); written entirely in TJ's hand on a small scrap; undated; brackets in original.



MS: “threes percents,” the second word being interlined.


Preceding two words interlined.