General records of the National Debt Office relating to the administration of the national debt and their responsibilities for the managment of other public funds.
The formal minutes of the National Debt Commissioners are in NDO 9, correspondence is in NDO 7, NDO 8, NDO 13 and NDO 15. Establishment papers are in NDO 6
Records of the eighteenth century relating to life annuities and tontines are in NDO 1-NDO 3
Payment books and other records concerning slave compensation following the Slavery Abolition Act of 1833 are in NDO 4
Records relating to the administration of trustee savings banks will be found in NDO 5, NDO 10, NDO 17 and NDO 19.
Records of the Trustee Savings Bank Inspection Committee are in NDO 11, NDO 12, NDO 16 and NDO 20
Records relating to the Jones Report on the National Debt, NDO 21
Specimens of documents from series which have been destroyed relating to all the above areas of business will be found in NDO 900
Records relating to Life Annuities will be found in NDO 1 , NDO 2 and NDO 22
- Loan of £1,500,000 under Act 5 Geo.III cap. 23 viz. £600,000 on 3% Annuities, £600,000 on a Lottery of 60,000 Tickets at £10 each, the blanks (at the rate of £6 each) and the prizes being funded in 3% Annuities, and as to the remaining £300,000 a Life Annuity at the rate of 3% with benefit of survivorship, the Nominees being formed into classes of £1500 a year each according to the numerical order of application except where the same Nominee was appointed in respect of two or more shares in which event he might at the option of the subscriber be placed in different classes. If, however, the whole portion of the scheme should not be taken up so much as remained might be subscribed into the 3% Annuities. The whole of the 3% Annuities created in respect of this Loan was directed by the Act to be added to the existing Reduced 3%. The Life Annuity portion of this scheme was known as the Second English Tontine. Subscriptions to the amount of £18,000 only were received, and the Annuity created was £540 an amount insufficient to complete even one of the six Classes contemplated. One hundred and thirty eight lives were nominated in respect of the 180 shares subscribed - the first half yearly payment of the Annuity being made at the 10th October 1766. Every half year's payment neglected to be demanded until 20 days before the expiration of the year was forfeited for the benefit of the other Annuitants, the Annuity paid to the survivors being increased from time to time partly from this cause but mainly from the death of Annuitants.
- These Life Annuities were issued in respect of a Loan of £6,000,000 authorised by Act 18 Geo.III cap. 22. Every subscriber of £100 money to receive £100 3% Consols with a short Annuity of £2. 10s. per cent for 30 years, or a Life Annuity payable at the Exchequer; and, in addition, for every £500 advanced four Tickets in a Lottery by the further payment of £10 for each ticket. The Life Annuities granted under the Act amounted to £2,849. 13s.
- These Life Annuities were issued in respect of a Loan of £7,000,000 authorised by Act 19 Geo.III cap. 18. Every subscriber of £100 money to receive £100 3% Consols with a short Annuity of £3. 15s. per cent for 29 years or a Life Annuity payable at the Exchequer; and; in addition, for every £1,000 advanced 7 Tickets in a Lottery by the further payment of £10 for each ticket. The Life Annuities granted under the Act amounted to £5,318. 18s. 7d.
- These Life Annuities were issued in respect of a Loan of £1,002,500 (Tontine of 1789) in sums of £100. 5s. each, the contributors or their nominees being distributed into six classes and receiving Annuities according to their ages, with benefit of survivorship in their respective classes, till the Annuity on the original share should amount to £1,000, after which the surplus of Annuity was to fall to the public. The Subscribers were allowed till the 10th October 1790 to nominate either their own life or that of any other person. The Annuities were to be payable half yearly at the Exchequer and as, owing to the period allowed for Nominations, the first half year's payment of the Annuities could not become due till the 5 April 1791 interest was allowed to the Subscribers at 4% per annum for 1 1/4 years to 10 October 1790 which was paid the 11 March 1791 and amounted to £50,104. 19s. The Annuities actually granted on the original terms amounted to £18,298. 7s. and were held by 3,518 subscribers in 4,219 shares. There were also 4,831 subscribers holding 5,733 shares who, becoming dissatisfied with the scheme, were allowed, by the Act 30 Geo.III c.45 to exchange their shares for Long Annuities having 69 1/4 years to run; and in order to keep faith with those who held to the original contract the Treasury was empowered to nominate other lives for the shares exchanged, who were thus termed"Government Nominees". The persons so nominated being for the most part persons in public station, and therefore not likely to be lost sight of through life, had no beneficial interest in the Tontine, their connection with it only serving to regulate the benefit of survivorship and to place the subscribers who held to the original contract as nearly as possible in the position they would have been had the original scheme been carried out in its entirety.
- The amount of Long Annuity, expiring in 1860, granted to the dissentient subscribers was £24,365. 5s., the Annuity in the Tontine relinquished by them amounting to £24,563. 14s. The last survivor in the Tontine died on the 31st October 1887.
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