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South Sea Debates Over Annuities and Public Debt
A heated late session debate in the House weighed the South Sea solution to fuse landed and trading interests by redeeming annuities and public debts. Walpole argued for continuity of faith and the scheme, while Fekyil urged restoring public credit and justice, insisting Parliament must address alleged violations by the South Sea Managers. Various MPs pressed for relief for subscribers when stock terms faltered.
MENTIONED IN THIS ARTICLE
Walpole
South Sea
South Sea Company
Joseph Fekyil Urgd
Lechmere
the Dutchy
South Sa Company
Pengelly
Hutchenson
Secretary Crages
William Thompsin
Hunterford