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 total debt per household â including mortgages â was Â£54,178 in August. The revised figure for July was Â£54,047. Per adult in the UK thatâs an average debt of Â£28,578 in August â around 112% of average earnings. This is up from a revised Â£28,647 in July.