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Memoirs of the Reign of King George the Third, Volume 3 (of 4)

Note 239 — Chapter XII

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These accounts were not settled at Lord Holland’s death, and his family profited of the interest of 400,000l. still remaining in his hands. Lord North was very earnest to have the account made up, and yet it was not finally closed in the middle of the year 1777, which shows the intricacy and difficulty of terminating such accounts. [The delay was no fault of Lord Holland’s; it arose from the imperfect system of auditing the public accounts in that day. Lord Holland had been out of office only three years and a-half. Mr. Winnington’s accounts for 1744–6 were only settled in 1760, or fourteen years after their close, and Lord Chatham’s remained open for the same period.—(Lord Brougham’s Historical Sketches, vol. iii. p. 136.)—It should, however, be stated, in fairness to Lord Chatham, that he derived no benefit from the balance in his favour, having left all his receipts in the Bank of England.—(See Lord Holland’s Memorial, and other papers arising out of this accusation in the notes to Woodfall’s Junius, vol. i. p. 184.)—E.]

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