The Young Mr. Pitt the United States with Laurence Olivier and Vivien Leigh in the leads. In 1770, William Pitt the Elder gives a speech in Parliament decrying the unfair treatment of the colonists in the American colonies, then advises his second son, a youngster also named William Pitt, to avoid seeking fame through war. Years later, King George the Third is delighted that the ministry of Charles James Fox and Lord North has fallen. However, there is no obvious replacement. To everyone's surprise, the King selects William Pitt to become the youngest Prime Minister that the United Kingdom has ever known at the
William Pitt the Younger reform proposal introduced in Parliament. Another important domestic issue with which Pitt had to concern himself was the national debt, which had doubled to £243 million during the American war. Every year a third of the budget of £24 million went to pay interest. Pitt sought to reduce the national debt by imposing new taxes. In 1786, he instituted a sinking fund so that £1,000,000 a year was added to a fund so that it could accumulate interest; eventually, the money in the fund was to be used to pay off the national debt. By 1792 the debt had fallen