Fowle's New Hampshire Gazette And General Advertiser

The Minister's long vaunted scheme for the reduction of the national debt, has at length transpired, and we now submit it to the publick, leaving every intelligent man to make his own comment: the plan is, when he finds himself in possession of the expected surplus of a million, to take up twenty-five millions of the three per cent. consols, to be disposed of in a tontine scheme, to be divided into several classes, with proportionate interests for the different ages from fifteen to sixty. For the payment of the advanced interest, he thinks the appropriation of the million surplus will be sufficient, and as each class falls off, so much liquidated for ever. This surplus million he does not yet despair of producing, but then he is satisfied to forfeit his word in not paying of the money due to the Bank.