The Poverty of Public Men:
[A discussion of statesmen with financial problems – includes] ... Amidst all this profusion, the more eminent public men were often embarrassed and poor. Walpole was deeply in debt when he retired from Office. Pitt’s case is full of peculiar pathos. Sir William Pynsent left him an unexpected legacy of £3,000 a year, but it is noticed that “as if to balance this favour of fortune,” his old enemy the gout returned to him immediately afterwards. That was in 1765, and 30 years afterwards he was overhead and ears in debt. In 1797, his debts were estimated at £40,000 and he had heavy mortgages on his Holwood estate.
[see also Pall Mall Gazette: September 5th, 1888]
Transcribed in whole or part from scanned originals: Presented with or without modified text and punctuation. For absolute accuracy refer to the original newspapers. Source: The British Newspaper Archive.
Referenced
DROxxxx xxxxx