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As read in Pepys, it appears to be like a Bond [official government backed IOU] which can be cashed in when money is available.
10 percent per annum be paid.

How the world gets revolving on future money.

Then a million to be raised now it be a Trillion to be raised.

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References

Chart showing the number of references in each month of the diary’s entries.

1665

1666

1667

1668

1669