Observations on Mr Pitt's Plan for the Reduction of the National Debt

Charles Earl Stanhope

Published by P. Elmsly, London, 1786

About this Item

A first edition of Charles Stanhope's analysis of the prime minister's plans to tackle the national debt. An uncommon work. In this uncommon essay, Charles Stanhope discusses the Prime Minister's methods of reducing the national debt. Due to the American War of Independence, the national debt had doubled to £242 million, and Prime Minister William Pitt the Younger proposed several successful plans to lower the national debt, including imposing new taxes, and instituting a sinking fund that could accumulate interest that could then be used to pay off the national debt. By 1972, the debt had fallen to £170 million. In the present volume, Charles Stanhope, who was in fact the brother-in-law to the prime minister, offers his observations on Pitt's proposed methods of reducing the national debt. Disbound, with some remnants of the original card to the spine. Externally, generally smart, with just some light spotting to the outer papers. Internally, firmly bound, pages are generally bright and clean with the occasional spot. Very Good. Seller Inventory # 861N24

Bibliographic Details

Title: Observations on Mr Pitt's Plan for the ...

Publisher: P. Elmsly, London

Publication Date: 1786

Binding: Disbound

Illustrator: None

Condition: Very Good

Edition: First edition.

Book Type: book