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Archibald Cochrane, 9th Earl Of Dundonald
Archibald Cochrane, 9th Earl of Dundonald FRSE (1 January 1748 – 1 July 1831) was a Scottish nobleman and inventor. Life The son of Thomas Cochrane, 8th Earl of Dundonald, he joined the British Army as a youth and also served time in the Royal Navy before returning to Culross in 1778 after inheriting the Earldom of Dundonald from his father. He inherited a title and family lands but little money. Left with no other means of support, Archibald turned to invention. Cochrane's most noted invention was a method for making coal tar (patented in 1781) on an industrial scale. The British Tar Company invested in a works; it was managed by John Loudon McAdam. The coke byproduct was used, in part, by an ironworks at Muirkirk, and the flammability of the coal gas byproduct was recognised but not capitalized on. McAdam bought the company, but the deal was troubled. Cochrane hoped that he would be able to sell tar as a sealant for the hulls of ships to the Royal Navy. After contacts with ...
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Collateral (finance)
In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. The collateral serves as a lender's protection against a borrower's default and so can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the terms of the lending agreement. The protection that collateral provides generally allows lenders to offer a lower interest rate on loans that have collateral. The reduction in interest rate can be up to several percentage points, depending on the type and value of the collateral. For example, the Annual Percentage Rate (APR) on an unsecured loan is often much higher than on a secured loan or logbook loan. If a borrower defaults on a loan (due to insolvency or another event), that borrower loses the property pledged as collateral, with the lender then becoming the owner of the property. In a typical mortgage loan transaction, for instance, the real estate being acq ...
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Charles Cochrane (British Officer)
Charles Cochrane may refer to: * Charles Cochrane (engineer) (1835–1898), British engineer * Charles Cochrane (social reformer) Charles Cochrane (1807-1855) was a Scottish author, campaigner for the poor in London in the 'hungry 40s' and, in the last years of his life, campaigner against Sunday trading. Cochrane was born in Madras, the son of Basil Cochrane who himself ... (1807–1855), British social reformer * Charles Cochrane-Baillie, 2nd Baron Lamington (1860–1940), British politician and colonial governor * Charles H. Cochrane (1943–2008), first openly gay New York City policeman * Charles Norris Cochrane (1889–1945), Canadian historian and philosopher {{hndis, Cochrane, Charles ...
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Archibald Cochrane (Royal Navy Officer)
Captain Archibald Cochrane was a Royal Navy officer of the early nineteenth century, who served in the Napoleonic Wars. His most noticeable activity came early in his career as a midshipman aboard HMS ''Speedy'', which was then captained by his brother, Commander Thomas Cochrane (known as Lord Cochrane). Aboard ''Speedy'', Cochrane participated in the engagement and capture of the Spanish frigate ''Gamo'', which was more than three times the size of the British ship. Although captured by the French shortly afterwards, Cochrane's career continued successfully and he was promoted to lieutenant in 1804, sailing to the East Indies on HMS ''Victor'' and rapidly gaining promotion to post captain in the frigate HMS ''Fox''. In 1811, Cochrane returned to Europe and did not serve again, retiring to Sunderland and dying in 1829. Life Archibald Cochrane was born in 1783, the son of Archibald Cochrane, 9th Earl of Dundonald and his first wife Anna Gilchrist. Archibald had two elder broth ...
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William Erskine Cochrane
William is a male given name of Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will, Wills, Willy, Willie, Bill, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play ''Douglas''). Female forms are Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚᛗᚨᛉ, ''*Wiljahelmaz'' > German ''Wilhelm'' and Old Norse ᚢᛁᛚᛋᛅᚼᛅᛚᛘᛅᛋ, ''Vilhjálmr''). By regular sound changes, the native, inherited English form of the name shou ...
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Francis Plowden (barrister)
Francis Peter Plowden (8 June 1749 – 4 January 1829) was an English Jesuit, barrister and writer. Life Francis Plowden, born in Shropshire on 8 June 1749, was the eighth son of William Ignatius Plowden of Plowden Hall. He was educated at St. Omer's College and entered the Jesuit novitiate at Watten in 1766. When the Society was suppressed, he was teaching at the College at Bruges. Not being in holy orders he was, by the terms of suppression, relieved of his first vows, and soon afterwards married Dorothea, daughter of George J. Griffith Phillips, esq., of Curaegwillinag, Carmarthenshire. "Curaegwillinag" is an anglicisation of the Welsh placename for an old commote located in Carmarthenshire. Kymwt Carnywyllawn was in Cantref Eginawc (anglicized as "Eginog"), which was in Ystrad Tywi. He entered the Middle Temple and practiced as a conveyancer, the only department of the legal profession open to Catholics under the Penal Laws. After the relief Act of 1791 he was cal ...
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Thomas Cochrane, 10th Earl Of Dundonald
Thomas Cochrane, 10th Earl of Dundonald, Marquess of Maranhão (14 December 1775 – 31 October 1860), styled Lord Cochrane between 1778 and 1831, was a British naval flag officer of the Royal Navy, mercenary and Radical politician. He was a successful captain of the Napoleonic Wars, leading Napoleon to nickname him french: le Loup des Mers, lit=the Sea Wolf, label=none. He was successful in virtually all of his naval actions. He was dismissed from the Royal Navy in 1814 after a controversial conviction for fraud on the Stock Exchange. He helped organise and lead the rebel navies of Chile and Brazil during their respective successful wars of independence through the 1820s. While in charge of the Chilean Navy, Cochrane also contributed to Peruvian independence through the Freedom Expedition of Perú. He was also hired to help the Greek Navy, but did not have much impact. In 1832, he was pardoned by the Crown and reinstated in the Royal Navy with the rank of Rear-Admiral of the ...
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Adam Smith
Adam Smith (baptized 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment. Seen by some as "The Father of Economics"——— or "The Father of Capitalism",———— he wrote two classic works, ''The Theory of Moral Sentiments'' (1759) and ''The Wealth of Nations, An Inquiry into the Nature and Causes of the Wealth of Nations'' (1776). The latter, often abbreviated as ''The Wealth of Nations'', is considered his ''magnum opus'' and the first modern work that treats economics as a comprehensive system and as an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of God's will, God’s will and instead appeals to natural, political, social, economic and technological factors and the interactions between them. Among other economic theories, the work introduced Smith's idea of absolute advantage. Smith studied social philos ...
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James Hutton
James Hutton (; 3 June O.S.172614 June 1726 New Style. – 26 March 1797) was a Scottish geologist, agriculturalist, chemical manufacturer, naturalist and physician. Often referred to as the father of modern geology, he played a key role in establishing geology as a modern science. Hutton advanced the idea that the physical world's remote history can be inferred from evidence in present-day rocks. Through his study of features in the landscape and coastlines of his native Scottish lowlands, such as Salisbury Crags or Siccar Point, he developed the theory that geological features could not be static but underwent continuing transformation over indefinitely long periods of time. From this he argued, in agreement with many other early geologists, that the Earth could not be young. He was one of the earliest proponents of what in the 1830s became known as uniformitarianism, the science which explains features of the Earth's crust as the outcome of continuing natural processes ...
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Royal Society Of Edinburgh
The Royal Society of Edinburgh is Scotland's national academy of science and letters. It is a registered charity that operates on a wholly independent and non-partisan basis and provides public benefit throughout Scotland. It was established in 1783. , there are around 1,800 Fellows. The Society covers a broader selection of fields than the Royal Society of London, including literature and history. Fellowship includes people from a wide range of disciplines – science & technology, arts, humanities, medicine, social science, business, and public service. History At the start of the 18th century, Edinburgh's intellectual climate fostered many clubs and societies (see Scottish Enlightenment). Though there were several that treated the arts, sciences and medicine, the most prestigious was the Society for the Improvement of Medical Knowledge, commonly referred to as the Medical Society of Edinburgh, co-founded by the mathematician Colin Maclaurin in 1731. Maclaurin was unhappy ...
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Table Salt
Salt is a mineral composed primarily of sodium chloride (NaCl), a chemical compound belonging to the larger class of salts; salt in the form of a natural crystalline mineral is known as rock salt or halite. Salt is present in vast quantities in seawater. The open ocean has about of solids per liter of sea water, a salinity of 3.5%. Salt is essential for life in general, and saltiness is one of the basic human tastes. Salt is one of the oldest and most ubiquitous food seasonings, and is known to uniformly improve the taste perception of food, including otherwise unpalatable food. Salting, brining, and pickling are also ancient and important methods of food preservation. Some of the earliest evidence of salt processing dates to around 6,000 BC, when people living in the area of present-day Romania boiled spring water to extract salts; a salt-works in China dates to approximately the same period. Salt was also prized by the ancient Hebrews, Greeks, Romans, Byzantines, Hi ...
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Sodium Carbonate
Sodium carbonate, , (also known as washing soda, soda ash and soda crystals) is the inorganic compound with the formula Na2CO3 and its various hydrates. All forms are white, odourless, water-soluble salts that yield moderately alkaline solutions in water. Historically, it was extracted from the ashes of plants growing in sodium-rich soils. Because the ashes of these sodium-rich plants were noticeably different from ashes of wood (once used to produce potash), sodium carbonate became known as "soda ash". It is produced in large quantities from sodium chloride and limestone by the Solvay process. Hydrates Sodium carbonate is obtained as three hydrates and as the anhydrous salt: * sodium carbonate decahydrate (natron), Na2CO3·10H2O, which readily efflorescence, effloresces to form the monohydrate. * sodium carbonate heptahydrate (not known in mineral form), Na2CO3·7H2O. * sodium carbonate monohydrate (thermonatrite), Na2CO3·H2O. Also known as crystal carbonate. * anhydrous sodium ...
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