(855) 4-ESSAYS

Type a new keyword(s) and press Enter to search

Account for Pitt's success in restoring National fortunes in

            Account for Pitt's success in restoring National fortunes in the years 1783 - 1793.
             Pitt had restored a majority of national fortunes during 1783 and 1793. When Pitt came into power he faced a mountain of problems, these varied from the national debt to smuggling. .
             The national debt in 1783 was £243 million, before the American wars the debt was £160 million, quite clearly the national debt had increased greatly due to the American wars. Smuggling was a large scale problem; it was eating away at national income. After the loss of the American colonies the country was experiencing a lack of confidence, economically and militarily. As a consequence of the American wars trade between other countries was greatly disrupted. There was also a large problem with Government "Waste-.
             Pitt wanted to bring economic stability to the country he does this by introducing various new measures and policies. .
             When Pitt came into power, in an attempt to pay off the large debt that the country had inherited, he decided to enforce the sinking fund. The sinking fund was in essence created to pay off the national debt, every year the government paid a certain amount into the fund and the interest from this fund would go forward to pay off the national debt. This idea was not Pitt's as he had copied the ideas of Richard Price neither was this new, it had been attempted before but with minimal success as often the fund was raided to finance wars and such. Pitt passed a bill through parliament which forced the government to pay a certain amount into the fund each year. Pitt setup a committee to watch over the sinking fund to make sure everything was running smoothly. Although the sinking fund was used to pay off the national debt it also had another use, it exclaimed to the lenders of the time that the government could be trusted and that any money lent to the government would be paid back, this restored the lenders trust in the government.


Essays Related to Account for Pitt's success in restoring National fortunes in

1. How Did Pitt bring about a national Revival?

The national debt had escalated to £242.9 million. ... William Pitt was elected in 1783 and set around to bring about a national revival. He set about getting this national revival in a number of different ways. ... Pitt cut expenditure and dealt with the national debt in a number of ways. ... Pitt also had to restore Britain's international reputation as it was left in ruins after the wars with America. ...

  • Word Count: 1089
  • Approx Pages: 4
  • Grade Level: High School

2. William Pitt, Earl of Chatham

William Pitt was born in St. ... Shortly thereafter, Duke of Newcastle skipped Pitt for a promotion. ... His attitude was resented, but Pitt remained stubborn. ... Pitt disagreed. ... Pitt was also fearless. ...

  • Word Count: 1273
  • Approx Pages: 5
  • Grade Level: High School

3. T. Thomas Fortune

Here Fortune began to cultivate his dual intrest in politics and journalism. ... Fortune's life would prove inti mately conjoined with Washington's. the two men first met sometime in the late 1880s, well before Washington deliverer his 1895 Atlanta Expossition address that would launch him into the national limelight as the preeminent black leader at the turn of the century. ... In 1887, in the pages of the Freeman, he proposed the formation of the National Afro -American League to work against lynching, disenfranchisement, and other Jim Crow policies. ... While Fortune exerted no ...

  • Word Count: 1870
  • Approx Pages: 7
  • Grade Level: High School

4. Pitt And The Radicals

Paine's book led to the creation of the London Corresponding Society, a large radical movement that threatened Pitt's authority, in his mind. ... Also, the government was quick to put down the movements, as Pitt introduced a number of acts and laws to try and outlaw the radicals. ... Pitt also introduced a number of legislative measures to counter the radical threat. ... In conclusion, I think that it was the weakness of the radical movement that allowed Pitt to survive during the years 1789-1801. ... Pitt didn't really need to put more pressure on the radicals as they were alre...

  • Word Count: 945
  • Approx Pages: 4

5. Integration and Segregation in Schools

In the research, the main focus of Pitt and Curtin was to know the views of disabled students regarding 'similarities and differences, strengths and weaknesses', (Pitt and Curtin, p. 389), between mainstream and specialist college and, their reasons for opting specialist college for further studies. ... The 'triangulation approach' of the research included the method which gave each and every student enough time to think, and the chance to speak in the group, and as well as, individually (Morse; Denzin & Lincoln, cited in Pitt & Curtin, p.389). ... However, participants...

  • Word Count: 837
  • Approx Pages: 3
  • Grade Level: Undergraduate

6. Causes of the Revolutionary War

In 1758, William Pitt was sent to try and do something in the war against the French. By the end of 1758, Pitt had dramatically turned the tables of the war. ... In the summer of 1766, King George III of England replaced Prime Minister Rockingham with William Pitt. ... William Pitt suddenly came sick and Charles Townshend took over the government. ... In 1768, in response to the protests and actions taken by the Sons of Liberty, the British sent 4,000 troops to the colonies to restore order. ...

  • Word Count: 1019
  • Approx Pages: 4
  • Grade Level: High School

7. The Dual Roles Of CPA Firms

The SEC's Pitt is considering taking authority for auditor regulation from the AICPA and transferring it to what he calls a "self-regulatory organization (SRO)" (Byrnes) that is made up of public members. ... Perhaps enforcing these rules with criminal and civil prosecution would help to deter these unethical acts and assist in restoring the public's confidence in the now tarnished accounting profession. I recently asked a friend of mine who is a C.P.A. employed by BDO Seidman if she felt that prohibiting accounting firms from performing dual roles for a company would restore the ...

  • Word Count: 1467
  • Approx Pages: 6
  • Has Bibliography
  • Grade Level: Undergraduate

8. Corporate Scandals And Reform

They are free to arrange almost any salary, expense accounts, stock options, severance packages and company loans. ... (Birnbuam 2) Ironically the head of the SEC, Harvey Pitt, is a lawyer who represented accounting firms among other companies. Pitt is a strong advocate of deregulation, even now, during a time when most feel some regulation is necessary. Pitt went against the general notion and opposed tough government intervention and promised "a kinder, gentler SEC". ... (Birnbuam 3) Pitt clearly is not the right man for the job at this time. ...

  • Word Count: 833
  • Approx Pages: 3
  • Has Bibliography
  • Grade Level: Undergraduate

9. U-boats

The first victory that came to the German U-boats was over the British liner Athenia (Pitt, 8). ... (Pitt, 19). ... The allied ship would have no way of knowing which direction the submarine was fleeing to (Pitt, 122). ... Another method to dealing with the submarines at night was the "snowflake" (Pitt, 124). ... The plane's were now a threat to the submarines, and limited the submarines only to under water attacks (Pitt, 125). ...

  • Word Count: 1770
  • Approx Pages: 7
  • Grade Level: High School

Got a writing question? Ask our professional writer!
Submit My Question