The need for enlarging and covering the Market was meanwhile being more and more pressed, the site and certain buildings having been purchased on 10th April, 1817, for £5,000, which was borrowed at 4-½ per cent.[1] A Committee reported on this subject to the meeting of the States on 6th October, 1819. In their recommendation they proposed "the issue of Notes of £1 sterling, payable at different times on the receipt of the part of the Duty left at the disposal of the States." Notwithstanding the pathetic appeal already recorded, the proposal of the Committee to enlarge and to cover the Market was lost by a majority of one. The advocates for improving the Market, however, persevered, and presented to the States Meeting of 12th May, 1820, five plans. The plan of John Savery Brock at a cost of £5,500 was agreed to by a majority of 19 to 10. The following quotation from the Committee's report shows the benefits which they considered would arise from their scheme for raising the £5,500 required. "The means of meeting this would be to apply to it the sums now in litigation with the town £1,000 Twenty-shilling Notes put at the disposal of the Committee 4,500 ------- £5,500 But provision must be made for the repayment of the Notes issued, and the means recommended by your Committee are as follows-- "The 36 shops, built for butchers according to the plan recommended, would produce at £5 sterling per annum £180 From this must be deducted £20 for hiring the house at the corner and £10 for repairs 30 ------ £150 The States should grant for 10 years after the first year 300 ------ This would give an income of £450 This sum would be spent each year in paying off and cancelling as many Notes. "Thus, at the end of ten years, all the Notes would be cancelled and the States would be in possession of an income of £150 per annum, which would be a return for the £3,000 spent by them. "Looked at from all sides the scheme shows nothing but the greatest advantage for the public and for the States. It should please those who have at heart the diminution of the debt, since the States in addition to the £1,000 set aside for this purpose, take a further £300 out of their treasury in order to increase their income (_en prenant 300l. de plus sur leurs épargnes pour accroître leur revenu_)."