Allusion is a brief and indirect reference to a person, place, thing or idea of historical, cultural, literary or political significance. It does not describe in detail the person or thing to which it refers.
Shortly after the American Revolutionary War (1775-1783), public debt grew to more than $75 million and continued to swell considerably over the next four decades to nearly $120 million. However, President Andrew Jackson shrank that debt to zero in 1835. It was the only time in U.S. history when the country was free of debt.
The American Revolutionary War took a heavy toll on Great Britain. The average cost for the war was Â£ 12 million a year. The British ended the war with a national debt of Â£250 million, which generated a yearly interest of over Â£9.5 million. This debt piled on to the already outstanding debt from the Seven Years' War.he American Revolutionary War inflicted great financial costs on all of the combatants, including the United States of America, France, Spain and Great Britain. France and Great Britain spent 1.3 billion livres and 250 million pounds respectively. The United States spent $400 million in wages for its troops.