210 Boring Administrative History; Finance and Taxation

You can send a text, include contact info to get a response. The wars from 1793 to 1815 included expenditure of 830 million pounds for Army Navy and Ordinance, mainly the Navy. Another 65 million pounds was spent on subsidies to allies. Looking at a total of 895 million, probably with secret funds we are over 900 million pounds. To do all this spending 578 million was added to the national debt This was unprecedented, nobody knew how deep capital markets were or potentially were...