Item of the Day: The State of the Public Debts and Finances (1783)

Full Title: The State of the Public Debts and Finances at Signing the Preliminary Articles of Peace in January 1783. With a Plan for Raising Money by Public Loans, and for Redeeming the Public Debts. By Richard Price. London: Printed for T. Cadell, in the Strand, M.DCC.LXXXIII. [1783]

INTRODUCTION.

IT will appear from the following Tract, that the last Administration, after Saving the Kingdom by giving it peace, intended to proceed to the introduction of measures for preserving it from the calamities with which its Debts threaten it. This was intimated in the King’s Speech, at opening the present Sessions of Parliament; and the King’s Ministers, when they were obliged to withdraw from power, had under consideration the plan for this purpose which is laid before the Public in these papers. —The resolutions moved by Mr. Pitt in the House of Commons on the 7th of this month, for correcting the defects in the Representation, have informed the Public of ANOTHER ESSENTIAL SERVICE to which they had directed their views. —By such services, could they have succeeded, they would have made themselves the best Ministers this country ever saw; for, compared with these, there are no services of any great consequence to the Kingdom. . . .

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Filed under 1780's, American Revolution, Great Britain, Posted by Caroline Fuchs, Public Debt

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