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, 1st Earl of Chatham were also five sisters: Harriet, Catherine, Ann, Elizabeth, and Mary. From 1719 William was educated at Eton College along with his brother. William disliked Eton, later claiming that "a public school might suit a boy of turbulent disposition but would not do where there was any gentleness". It was at school that Pitt began to suffer from gout. In 1726 Governor Pitt died, and the family estate at Boconnoc passed to William's father. When he died the following year, Boconnoc was inherited by William's elder brother, Thomas Pitt of Boconnoc. In January 1727, William was entered as a gentleman commoner