Thank you for visiting SNEWPapers!
Sign up free
The New Hampshire Gazette And General Advertiser
Portsmouth, Exeter, Rockingham County, New Hampshire
What is this article about?
Opinion piece from August 20 supporting Dean Tucker's view on the American War's high costs in lives and national debt, which rose from 123,964,500l in 1776 to over 217 million l in 1782, questioning gains and urging peace.
Clipping
OCR Quality
Full Text
DEAN TUCKER in the RIGHT.
The American war began on our rejecting the last petition of congress, by saying to Mr. Penn, that no answer should be given to it.
This war has cost much blood, very many lives of men, women and children, and the ruin of very many families. This cannot be estimated.
But it has also cost much treasure, a part of which may be estimated from our national accounts; by which it appears, that, in 1776, our national debt amounted to 123,964,500l. and in 1782, it amounts to 197,302,428l. funded, and about 20 millions unfunded.
The interest and charges of management of this debt amounted yearly in 1776, to 4,418,826l. the interest and charges yearly in 1782, to above 7,500,000l.
All this must be much increased if we make peace to-morrow. But how will it be if the war lasts a year or two more?
Now is not Dean Tucker in the right?
Was there any thing we could gain from America worth this enormous expense?
May we not still wish for peace?
What sub-type of article is it?
What keywords are associated?
What entities or persons were involved?
Where did it happen?
Foreign News Details
Primary Location
America
Event Date
1776 To 1782
Key Persons
Outcome
much blood, very many lives of men, women and children, ruin of very many families; national debt from 123,964,500l in 1776 to 197,302,428l funded and about 20 millions unfunded in 1782; interest and charges from 4,418,826l to above 7,500,000l yearly
Event Details
The American war began by rejecting the last petition of congress to Mr. Penn with no answer given. It has caused unestimable loss of lives and families, and increased national debt and interest significantly from 1776 to 1782. Questions if gains from America justify the expense and supports Dean Tucker's rightness in wishing for peace.