William Pitt the Younger King refused to support him. Fox stated the bill was necessary to save the company from bankruptcy. Pitt responded that: "Necessity was the plea for every infringement of human freedom. It was the argument of tyrants; it was the creed of slaves." The King was opposed to the bill; when it passed in the House of Commons, he secured its defeat in the House of Lords by threatening to regard anyone who voted for it as his enemy. Following the bill's failure in the Upper House, George III dismissed the coalition government and finally entrusted the premiership to William Pitt,
William Pitt the Younger boroughs that had given him his seat. In Parliament, the youthful Pitt cast aside his tendency to be withdrawn in public, emerging as a noted debater right from his maiden speech. Pitt originally aligned himself with prominent Whigs such as Charles James Fox. With the Whigs, Pitt denounced the continuation of the American War of Independence, as his father strongly had. Instead he proposed that the prime minister, Lord North, make peace with the rebellious American colonies. Pitt also supported parliamentary reform measures, including a proposal that would have checked electoral corruption. He renewed his friendship with William Wilberforce, now