Charles Montagu, a Whig elected to the …

Years: 1692 - 1692

Charles Montagu, a Whig elected to the House of Commons in 1689, had argued in favor of a law to grant the assistance of counsel in trials for high treason.

He became flustered in the middle of his speech, and upon recovering himself, observed "how reasonable it was to allow counsel to men called as criminals before a court of justice, when it appeared how much the presence of that assembly could disconcert one of their own body."

He has risen quickly, becoming one of the Commissioners of the Treasury and a member of the Privy Council.

England has incurred great expense in the War of the Grand Alliance.

Montagu finances British participation in the war by devising a system of guaranteed government loans and initiating the national debt.

A piece of 1692 legislation pledges the receipts from beer and liquor taxes as security for a loan of one million pounds.

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