Saturday, May 18, 2019
Did William Pitt Bring About a National Revival?
Did William Pitt Bring virtually A National Revival? On one hand, it is easy to believe that Pitt did bring about matter revival but on the other hand there are many factors that may train one to believe otherwise. For example, the end of the American fight and the industrial innovation both would have happened whether Pitt was in power or not. But many factors, such as Pitts natural skill and his elucidate ideas, helped him to contribute to the national revival. Pitt introduced the Eden Treaty and formed it with France.This helped to growthd trade in Britain as, as a country, exports were vastly increased. Pitt as well tightened the laws around smuggling items both into and out of Britain which also increased trade. He did this by introducing bonded warehouses, where goods could be stores free of tax until they were taken out of Britain for sale. The sinking feeling Fund was also introduced by Pitt and helped, again, to increase the amount of money in Britain. He did this by using Britains profits to pay finish up debts instead of spending money on other goods, but this was interrupted by the war against France.Pitt also made sure that all of the governments money was collected and spent correctly in the right places. The streamlining of the Treasurys financial management with the Consolidation Fund Act, where all 103 exchequer accounts were replaced by one, allowed proper national accounting. However, there were many factors that contributed to a national revival that Pitt was not responsible for. Pitt genetic the national deficit which was a huge advantage to him because it meant that the state of Britain and the government could only improve.The end of the war in America meant that overseas trade would increase and this helped Britains imports and exports to boom. This was also helped along by the Industrial Revolution, beginning in the North East, which increased trade in and out of Britain. To conclude, in many slipway Pitt did contribute great ly to the national revival but he was helped by other factors that were out of his reach. The Sinking Fund helped Pitt along greatly but he was also assisted by the Industrial Revolution and booming trade from other nations.
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