g L400; thus the
_percentage_ would be governed by and diminish in proportion to the
increase of the income lost.
"Having expatiated on these various classes of claimants, Mr. Pitt said
he meant to propose that the amount of these various sums should be
issued in debentures bearing interest at three and a half per cent.,
which would be nearly equal to a money payment, and that the whole
should be paid off by instalments.
"He began, therefore, by moving 'that provision should be made
accordingly.'
"This plan met with general approbation and applause from all sides of
the House; not only from the friends of the Minister, but from leaders
of the Opposition, particularly from Mr. Fox and Mr. Burke; and Mr. Pitt
congratulated the House on their concurrence with him in the plan he
laid before the Committee.
"Soon after a motion was made for continuing the Act another year, for
the purpose principally of enabling the Commissioners to inquire into
claims of certain other persons therein specified, who, it was stated,
appeared to have been prevented by particular circumstances from
preferring their claims before; provided the Commissioners were
satisfied, by proof made on oath, with the reasons assigned by those
persons for not having before preferred their respective claims; and the
Act passed, including these and other purposes.
"As the Commissioners who had gone to Nova Scotia and Canada had by this
time returned to England, and Mr. Anstey was daily expected from the
United States, there was more than sufficient to employ the
Commissioners, independent of the Act for carrying into effect the plan
of relief and compensation into execution.
"The Commissioners immediately, viz., in August, 1788, proceeded with
the various matters referred to them.
"Colonel Dundas and Mr. Pemberton, having returned from Nova Scotia and
Canada, made a separate report of the proceedings to the Board of
Treasury and the Secretaries of State;[130] but the Commissioners,
before they finished their deliberations, united the proceedings of both
Boards in order to give a comprehensive view of the whole.
"Mr. Anstey also having returned from the United States in September,
the Commissioners took a general review of the whole of their
proceedings from the commencement of the inquiry, and were thus enabled
to supply any defects, to correct any mistakes, and to reconsider any
points in which, perhaps, too great humanity to the individuals o
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