Chancellor of the Exchequer and Cabinet Minister 1766–1767
After the resignation of Grafton, the Rockingham Ministry began to disintegrate; Pitt openly turned against them; and on 7 July 1766 the King sent for him to form a new Administration. Grafton was induced to accept the Treasury, although he knew himself to be unfitted for the office; Conway remained as leader of the House of Commons; while Pitt took the Privy Seal and was created Earl of Chatham. It was his plan to form an Administration which should transcend and obliterate party divisions, and to direct it by remote control from the House of Lords. Part of the blame for his failure must be laid on his own impracticable and arrogant temper, part on the illness which began to afflict him in December 1766; but for the most ill-omened act of the Chatham Administration — the decision to raise a revenue from America by import duties — the main responsibility must be assigned to Charles Townshend.
KeywordsEast India Company American Policy Cabinet Minister India Stock British Authority
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