"In 1888, Chancellor George Goschen converted bonds first issued in 1752 and used to finance the Napoleonic and Crimean Wars, the Slavery Abolition Act in 1835 and the Irish Distress Loan in 1847. This debt will be repaid through the redemption of the 4% Consols, the UK Treasury said in a statement."
http://www.ft.com/intl/fastft/229142/uk-repay-loans-from-wwi-south-sea-bubble
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