War finance debate on sinking fund and East India revenue
A speaker condemns Lord Shelburne’s war funding plans arguing sinking fund reliance and annuities fail to cover 1780 needs. He warns the India Company’s fixed revenue is impractical, stresses military costs in the East Indies, and urges Parliament to avoid expanding executive control while seeking peaceful terms with America if possible.
MENTIONED IN THIS ARTICLE
the India Company
East Indies
Holland
France
Spain
India
America
Mie
Threatened maritime fate and urging swift action in Ireland
The speaker warns of Bourbon alliance with France and the risk to Britain without decisive naval and dispatch actions. He argues Spain’s naval strength threatens imperial security, cites Mediterranean weakness, and calls for immediate recall of troops from America while pressing for urgent dispatch to counter France and safeguard overseas dominions.
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