ISBN: 9781332201815 - substance of observations on the state of the public finances great britain, by lord rawdon: in a speech on the third reading of the bank loan bill ... on thursday, june 9, 1791 (classic reprint) (3 Ergebnisse)

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Paperback. Zustand: New. Print on Demand. This text examines the financial and economic history of Great Britain from 1786 to 1791 and argues that a million-pound annual surplus did not exist. The author counters the claims of the British government that the implementation of a plan to reduce the national debt through annual surpluses was successful in its early years. The author argues that extra funds were employed to give the surplus the appearance of plausibility, thereby casting doubt on the effectiveness of the plan and the government's economic policies. The author argues that the government engaged in harmful accounting practices, such as delaying payments to vital public sector employees, in order to mask economic difficulties and sustain the illusion of a surplus. The author concludes that the British government's financial management during this period was deceptive and detrimental to the country's economic health. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…