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PRICE, Richard (1723--1791)
[Observations on reversionary payments. 1792]
Observations on reversionary payments; on schemes for providing annuities for widows, and for persons in old age; on the method of calculating the values of assurances on lives; and on the national debt. Also, essays on different subjects in the doctrine of life-annuities and political arithmetic; a collection of new tables, and a postscript on the population of the kingdom. By Richard Price, D.D. F.R.S. To which are added, algebraical notes, the solution of several new problems in the doctrine of annuities, and a general introduction. By Willam Morgan, F.R.S. Fifth edition. Vol. I. (II.)
London: printed for T. Cadell, 1792.
2 vols ; 21.5 cm. (8º)
I: lxxxiv, 372 p. : tables
II: [4], 492, [24] p. : tables

First edition 1772 (q.v.). Price was working on this fifth edition at the time of his death in 1791, and had seen the revised version of the first volume through the press, but it was left to his nephew, William Morgan, to complete the second and write the 'General Introduction'. It contains a new table for the values of joint lives that had been completed under Price's direction from evidence collected at Northampton, and three other tables of the values of a single life computed by Morgan, as well as improved solutions to actuarial problems that Morgan had submitted earlier to the Royal Society, a revised account of the societies for the benefit of widows and aged persons, and the tables Price had computed at the request of a Committee of the House of Commons to accompany a bill for establishing a scheme to enable "the labouring poor to provide support for themselves in sickness and old age". See D.O. Thomas, J. Stephens, and P.A.L. Jones, A bibliography of the works of Richard Price (Aldershot 1993), pp. 29--30; ESTC t41758; Goldsmiths 15317; Kress B.2391.

Copy Notes Copy 1: Volume I front free endpaper inscribed in pencil 2Vol -10-6 and in the hand of Thomas Boone 2 Vols -8s- with Boone's hieroglyphs. Copy 2: 21.0 cm. Imperfect; wanting the half-titles. In this copy page vii of vol. I is misnumbered 'v'. Bookseller's hieroglyph in pencil on vol. I rear pastedown.

Binding Copy 1: Late C18th calf, gilt double-ruled spine, red spine-labels.
Copy 2: Early C19th calf (endpapers watermarked '1799'), gilt-ruled and dotted spine, black and green spine-labels.

Reference Number 525


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