National Debt and Political Allegiance in Eighteenth-Century Britain

نویسندگان

چکیده

Abstract The article traces a hitherto-neglected form of political obligation, one that resulted from national debt and relied on creditors’ self-interest. Eighteenth-century commentators argued William III had introduced public borrowing to gain support the people maintain Revolution Settlement. This claim was first made by tories became staple argument opposition authors. Around middle eighteenth century, this connection between allegiance reassessed. Robert Wallace presented as price worth paying for excellent British constitution, David Hume considered it Britain's last hope established order. In discussions American independence, association with obligation used divergent purposes. While Adam Smith Richard Price utilized argue reform empire, Thomas Paine urged provinces unite under an debt. Drawing authors various allegiances in eighteenth-century Britain, shows how same idea about could be different

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ژورنال

عنوان ژورنال: The Historical Journal

سال: 2022

ISSN: ['1469-5103', '0018-246X']

DOI: https://doi.org/10.1017/s0018246x21000832