Pitt as PM - A short revision Flashcards
pitt admin, trade and economic reforms (11 cards)
What bill did Pitt introduce in 1785 and what was its purpose
1785 Reform Bill which proposed 36 small boroughs shoudl be urchased with electors constent then the 72 seats would be redistributed among country and city constiuancies
How much of the National Debt did the sinking fund solve
It cut the debt by £10 million GBP
What happened to the 1785 bill?
It was defeated 248 to 177 due to Fox’s influence
As a result of the failture of the 1785 bill what did Pitt do?
He didn’t follow up the bill and disenganged from further attempts at reform in order not to compromise royal support from George III
What was the national debt was Pitt took office
£250 million GBP
What trade treaty did Pitt sign with France? and what yr
1876 Vergennes (Eden)
A commercial treaty with France
What were the effects of the Trade treaty with France
It was so favourable and profitable that it created hardship in France- thus fueling the revolution in France
What did Pitt introduce to combat smuggling and restore national wealth
Through tarrif reforms by reducing duties in order to reduce the revenue lost to smuggling
Which Taxes did Pitt introduce to generate more revenue
A window tax which was easy to adminster and hard to evade, along with many taxes on consumer goods which mostly affected the rich
What did consolidated Funds do
Customs and excises were simplified by creating the Consolidated Fund into which all revenue was paid.
What were the successes of the Sinking fund
It restored confidence in the people making them more willing to lend money to govt
