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,
Thomas Pitt of Boconnoc Thomas Pitt of Boconnoc Thomas Pitt of Boconnoc ("c." 1705 – 17 July 1761) was a British landowner, Member of Parliament and Lord Warden of the Stannaries. He was the grandson and namesake of the better known Thomas Pitt and the son of Robert Pitt, MP, of Boconnoc, near Lostwithiel in Cornwall. He was the elder brother of William Pitt the Elder. He succeeded his father in 1727 to his estates, including Boconnoc. He was Assay master of the Stannaries from March 1738 to February 1742 and Lord Warden of the Stannaries from February 1742 to March 1751, when the