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Williamsburg, Virginia
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Letter from a Carolinian in France details British House of Commons granting £12,386,000 to the King for the year. Lord North's May 15 budget speech acknowledges heavy taxes but expects American campaign to resolve troubles, potential revenue from America, and continued friendly European relations.
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"The House of Commons have granted the King 12,386,000 l. sterling for the expenses of the current year. The following is the purport of Lord North's speech on opening the budget, taken from Lloyds Evening Post of May 15th. He said, "he allowed the publick burthens to be heavy, but he expected that the ensuing campaign would determine our troubles in America, and that a revenue (if not considerable at first) might be drawn from that country, which would assist in lightening the heavy pressure of taxes under which we labour. That at present, we stood on the very best and most friendly terms with every power in Europe; and not only in that respect, but from every other distinct and disconnected appearance whatever, there was not the least probability of the general tranquillity of Europe being interrupted." His Lordship thus openly avowing his intentions, must convince every reasonable man with you how very necessary it is to endeavour, by every means, to oppose and disappoint him."
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Foreign News Details
Primary Location
England
Event Date
May 15th
Key Persons
Outcome
house of commons granted the king 12,386,000 l. sterling for the current year's expenses
Event Details
The House of Commons granted the King funds for the year. Lord North's budget speech acknowledged heavy public burdens but anticipated the ensuing campaign would resolve troubles in America, enabling revenue from that country to lighten taxes. He stated Britain was on the best terms with European powers, with no prospect of interrupted European tranquillity. The letter urges opposition to these intentions.