Chapter 2 Flashcards

1
Q

When was Pitt PM?

A

1783

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2
Q

What happened in 1784?

A

General Election: waited until there was 1 difference between whigs and tories and then called it to secure PM

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3
Q

How many budgets did Pitt get through?

A

25, more than anyone in 200 years

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4
Q

What was the debt in 1783?

A

£240 million

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5
Q

How did Pitt solve the debt?

A

Tightly managed sinking fund, put in 1 million every year from taxes- cut it by 10 million

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6
Q

How did Pitt solve the outdated Tarrif system?

A

1787- umberella of consolidation act:

Custom taxes were alagamated

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7
Q

How did he solve the Low Government Revenue?

A

Indirect taxes created, added £4 million

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8
Q

When was the trade treaty with France?

A

1786?

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9
Q

How was smuggling solved?

A

The hovering act

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10
Q

What did he do about no accounting checks?

A

Audit offices created to oversee public spending

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11
Q

What happened to free post?

A

It was abolished

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12
Q

Sinecure offices?

A

Abolished 100s by letting them lapse. Clerkship of Peur (£3000 a year) shutdown after Pitt was offered it

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13
Q

Pitt’s successors: who was 1st?

A

Henry addington

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14
Q

Pitt successors: 2nd?

A

Lord Grenville

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15
Q

3? A Whig in a Tory government

A

Duke of Portland

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16
Q

4?

A

Spencer Perceval