Battle of Tenerife (1797): During the war, Exchequer and Navy bills have been frequently at so high discount as to afford the purchasers 7 or 8 per cent of interest. Loans have been raised by government exceeding 6, and individuals have been frequently obliged, by indirect means, to pay more than 10 per cent for the interest of money. Yet the legal rate has been at 5 per cent. (Ricardo, 1817: 59)
pays: España
année: 1979
Yvert: 2182