Letters on the Sinking Fund from David Ricardo to Francis Place Author(s): David Ricardo Source: The Economic Journal, Vol. 3, No. 10 (Jun., 1893), pp. 289-293 Published by: Wiley on behalf of the Royal Economic Society Stable URL: http://www.jstor.org/stable/2955672 Accessed: 27-06-2016 09:56 UTC Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at http://about.jstor.org/terms JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact
[email protected]. Royal Economic Society, Wiley are collaborating with JSTOR to digitize, preserve and extend access to The Economic Journal This content downloaded from 198.91.37.2 on Mon, 27 Jun 2016 09:56:17 UTC All use subject to http://about.jstor.org/terms NOTES AND MEMORANDA LETTERS ON THE SINKING FUND FROM DAVID RICARDO TO FRANCIS PLACE. [These letters are bound up in a volume of the Place MSS. in the British Museum (Add. MSS. 27836 ff. 113-118). The Editor's attention was directed to them by Mr. Graham Wallas, who is engaged on a memoir of Francis Place. The fund referred to is the second sinking fund, established in 1786 by Pitt after the abolition of the first (1716-1786). Much interest had been excited by an attack on the principles of this fund, in An Inquiry into the Rise, Progress, etc., of the National Debt, by Dr.