This was the 58-gun frigate HMS President, berthed at the West India Docks and training ship of the local Royal Naval Reserve. They were joined in 1872 by the Royal Naval Artillery Volunteers. This ship was named Old President on 25 March 1903, and was sold for scrapping on 7 July 1903.
Average Household Debt Tops $90,000. A recent study shows that the average U.S. household debt has now passed the $90,000 mark, which includes household that are debt free. The 2015 American Household Credit Card Debt Study also showed that the average household with debt owes $130,000. Mortgage debt, with each household having an average mortgage of $168,614.
The average amount of money owed per individual on revolving credit accounts (e.g. credit cards) and fixed payment accounts (e.g. auto loans), excluding real estate mortgages is $12,808. Regions with highest average debt: New England â $15,710; Middle Atlantic â $14,091.