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Account for Pitt's success in restoring National fortunes in the years 1783 - 1793.
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Account for Pitt's success in restoring National fortunes in the years 1783 - 1793 Pitt had restored a majority of national fortunes during 1783 and 1793. When Pitt came into power he faced a mountain of problems, these varied from the national debt to smuggling. The national debt in 1783 was £243 million, before the American wars the debt was £160 million, quite clearly the national debt had increased greatly due to the American wars. Smuggling was a large scale problem; it was eating away at national income. After the loss of the American colonies the country was experiencing a lack of confidence, economically and militarily. As a consequence of the American wars trade between other countries was greatly disrupted. There was also a large problem with Government "Waste". Pitt wanted to bring economic stability to the country he does this by introducing various new measures and policies. When Pitt came into...
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