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National Debt

.

Money borrowed by the Government, on the security of the taxes, which are pledged to the lenders for the payment of interest.

The National Debt in William III.’s reign was £15,730,439.

At the commencement of the American war, £128,583,635.

At the close thereof, £249,851,628.

At the close of the French war, £840,850,491.

Cancelled between 1817 and 1854, £85,538,790.

Created by Crimean war, £68,623,199.

In 1866, £802,842,949.

In 1872 it was £792,740,000.

In 1875 it was £714,797,715.

In 1879 it was £702,430,594.

In 1892 it was £677,679,571.

In 1893 it was £671,042,842.

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Entry taken from Dictionary of Phrase and Fable, edited by the Rev. E. Cobham Brewer, LL.D. and revised in 1895.

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Naso
Nasser
Nastrond [dead-man’s region]
Nathaniel (Sir)
Nation of Gentlemen
Nation of Shopkeepers
National Anthem
National Anthems
National Colours
National Convention
National Debt
National Exhibition
National Workshops
Native
Nativity (The)
Natty
Natty Bumppo
Natural (A)
Nature
Naught (not “nought”)
Naught