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Credit Crisis Of 1772
The British credit crisis of 1772-1773 also known as the crisis of 1772, or the panic of 1772, was a peacetime financial crisis which originated in London and then spread to Scotland and the Dutch Republic.Sheridan, R.B. (1960) "The British Credit Crisis of 1772 and the American Colonies" ''The Journal of Economic History'' It has been described as the first modern banking crisis faced by the . New colonies, as observed, had an insatiable demand for capital. Accompanying the more tangible evidence ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
A View Of The Deluge Of Scotch Paper Currency For English Gold (BM 1855,0609
A, or a, is the first letter and the first vowel of the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''a'' (pronounced ), plural ''aes''. It is similar in shape to the Ancient Greek letter alpha, from which it derives. The uppercase version consists of the two slanting sides of a triangle, crossed in the middle by a horizontal bar. The lowercase version can be written in two forms: the double-storey a and single-storey ɑ. The latter is commonly used in handwriting and fonts based on it, especially fonts intended to be read by children, and is also found in italic type. In English grammar, " a", and its variant " an", are indefinite articles. History The earliest certain ancestor of "A" is aleph (also written 'aleph), the first letter of the Phoenician alphabet, which consisted entirely of consonants (for that reason, it is also called an abjad to distinguish it f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Physiocrats
Physiocracy (; from the Greek for "government of nature") is an economic theory developed by a group of 18th-century Age of Enlightenment French economists who believed that the wealth of nations derived solely from the value of "land agriculture" or " land development" and that agricultural products should be highly priced. Their theories originated in France and were most popular during the second half of the 18th century. Physiocracy became one of the first well-developed theories of economics. François Quesnay (1694–1774), the marquis de Mirabeau (1715–1789) and Anne-Robert-Jacques Turgot (1727–1781) dominated the movement,Steiner (2003), pp. 61–62 which immediately preceded the first modern school, classical economics, which began with the publication of Adam Smith's ''The Wealth of Nations'' in 1776. The physiocrats made a significant contribution in their emphasis on productive work as the source of national wealth. This contrasted with earlier schools, in part ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assets
In financial accountancy, financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. Assets can be grouped into two major classes: Tangible property, tangible assets and intangible assets. Tangible ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Threadneedle Street
Threadneedle Street is a street in the City of London, England, between Bishopsgate at its northeast end and Bank junction in the southwest. It is one of nine streets that converge at Bank. It lies in the ward of Cornhill. History The street is famous as the site of the Bank of England; the bank itself is sometimes known as 'the Old Lady of Threadneedle Street' and has been based at its current location since 1734. The London Stock Exchange was also situated on Threadneedle Street until 2004, when it relocated to nearby Paternoster Square. The Baltic Exchange was founded in the on Threadneedle Street in 1744; it is now located on St Mary Axe. Etymology Some believe that the name originated as Three Needle Street (first attested in 1598), perhaps from a signboard portraying three needles, or from the three needles on the arms of needle-makers who had premises on the street. The threads and needles used by the members of the Worshipful Company of Merchant Taylors is another ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neale, James, Fordyce And Downe
Neale, James, Fordyce and Downe was a London banking house, established in 1757 by Henry Neale, William James, Alexander Fordyce and Richard Downe. Its collapse in June 1772 precipitated a major banking crisis which included the collapse of almost every private bank in Scotland, and a liquidity crisis in the two major banking centres of the world, London and Amsterdam. The bank had been speculating by shorting East India Company stock on a massive scale, and apparently using customer deposits to cover losses. The leading figure in the speculation was agreed to be the partner Alexander Fordyce. He was Scottish, brother of James Fordyce, the distinguished clergyman and author of '' Sermons to Young Women'', and was married to a daughter of the Earl of Balcarres. On June 9 1772, the day before he fled to France, he was reported to have come home in wild spirits, saying that he had "always told the wary ones, ‘and the wise ones, with heads of a chicken and claws of a corbie, that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Clapham (economic Historian)
] Sir John Harold Clapham, Order of the British Empire, CBE, FBA (13 September 1873 – 29 March 1946) was a British economic historian. He was educated at The Leys School in Cambridge and King's College, Cambridge. From 1889 to 1902 he was a lecturer in History and Economics at Leeds University and was Professor of Economics there from 1902 to 1908. He was the first Professor of Economic History at Cambridge University from 1928 to 1938, and Vice-Provost of King's College, Cambridge from 1933 until 1943 when he received a knighthood. Between 1926 and 1938 he published, in three volumes, ''An Economic History of Modern Britain''. He is also recognised for his study of the Industrial Revolution in England, and for describing cooperatives in the initiation of the revolution. He is also remembered for his 1944 ''The Bank of England, A History''. Welsh economic historian Sir John Habakkuk Sir Hrothgar John Habakkuk (13 May 1915 – 3 November 2002) was a British economic his ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sir William Pulteney, 5th Baronet
Sir William Pulteney, 5th Baronet (October 1729 – 30 May 1805), known as William Johnstone until 1767, was a Scottish advocate, landowner and politician who sat in the House of Commons between 1768 and 1805. He was reputedly the wealthiest man in Great Britain. He profited from slave plantations in North America, and invested in building developments in Great Britain, including the Pulteney Bridge and other buildings in Bath, buildings on the sea-front at Weymouth in Dorset, and roads in his native Scotland. He was a patron of architect Robert Adam and civil engineer Thomas Telford. Early life William Johnstone, as he was born, was the second son of Sir James Johnstone, 3rd Baronet of Wester Hall, Dumfries, and his wife Barbara Murray, the oldest sister of the literary patron Patrick Murray, 5th Lord Elibank. His older brother was the soldier and politician Sir James Johnstone, 4th Baronet. His younger brothers included the politician and naval officer George Johnstone ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harman And Co
Harman may refer to: People * Harman (surname) Places * Harman, Australian Capital Territory * Hărman, Romania * Harman, West Virginia * Harmans, Maryland * Harman, Virginia * Harman's Cross, Dorset, England Other uses * Harman International, an electronics audio manufacturer owned by Samsung Electronics * Harmane Harmane (harman) is a heterocyclic amine found in a variety of foods including coffee, sauces, and cooked meat. It is also present in tobacco smoke. Chemistry Harmane is a methylated derivative of β-carboline with the molecular formula C12H10N ... or harman, 1-methyl-9''H''-pyrido ,4-''b''ndole, one of the harmala alkaloids, a reversible inhibitor of MAO-A (RIMA) * USS ''Harman'' (PF-79), a United States Navy patrol frigate which served in the Royal Navy as See also * Harmon (other) {{disambiguation, geo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hope & Co
Hope & Co. was a Dutch bank that existed for two and a half centuries. The bank was located in Amsterdam until 1795; originally it concentrated on Great Britain. From 1750 it played a major part in the finances of the Dutch East India Company (VOC) through Thomas Hope and his brother Adrian. During the Seven Years' War (1756–1763) the Hope brothers profited from the Netherlands' neutral position and became very wealthy. The Hopes became heavily involved in the Dutch Caribbean, and Danish West Indies. They specialised in plantation loans, in which the entire produce of the plantation was remitted to the lender, who would supervise its sale in order to secure repayment. In this way, the Hopes helped the plantation economy to become integrated into a global network of financiers and consumers. The Hope family were among the richest in Europe at the time. The family business focused on financing commercial transactions and especially on issuing money loans to monarchs and governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grenada
Grenada ( ; Grenadian Creole French: ) is an island country in the West Indies in the Caribbean Sea at the southern end of the Grenadines island chain. Grenada consists of the island of Grenada itself, two smaller islands, Carriacou and Petite Martinique, and several small islands which lie to the north of the main island and are a part of the Grenadines. It is located northwest of Trinidad and Tobago, northeast of Venezuela and southwest of Saint Vincent and the Grenadines. Its size is , and it had an estimated population of 112,523 in July 2020. Its capital is St. George's. Grenada is also known as the "Island of Spice" due to its production of nutmeg and mace crops. Before the arrival of Europeans in the Americas, Grenada was inhabited by the indigenous peoples from South America. Christopher Columbus sighted Grenada in 1498 during his third voyage to the Americas. Following several unsuccessful attempts by Europeans to colonise the island due to resistance from res ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
A (four Dice Depicted) Macaroni
A, or a, is the first letter and the first vowel of the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''a'' (pronounced ), plural ''aes''. It is similar in shape to the Ancient Greek letter alpha, from which it derives. The uppercase version consists of the two slanting sides of a triangle, crossed in the middle by a horizontal bar. The lowercase version can be written in two forms: the double-storey a and single-storey ɑ. The latter is commonly used in handwriting and fonts based on it, especially fonts intended to be read by children, and is also found in italic type. In English grammar, " a", and its variant " an", are indefinite articles. History The earliest certain ancestor of "A" is aleph (also written 'aleph), the first letter of the Phoenician alphabet, which consisted entirely of consonants (for that reason, it is also called an abjad to distinguish it fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ayr, Scotland
Ayr (; sco, Ayr; gd, Inbhir Àir, "Mouth of the River Ayr") is a town situated on the southwest coast of Scotland. It is the administrative centre of the South Ayrshire council area and the historic county town of Ayrshire. With a population of 46,982 Ayr is the 15th largest settlement in Scotland and largest town in Ayrshire by population. The town is contiguous with the smaller town of Prestwick to the north. Ayr was established as a Royal Burgh in 1205 and is the county town of Ayrshire. It served as Ayrshire's central marketplace and harbour throughout the Medieval Period and was a well-known port during the Early Modern Period. On the southern bank of the River Ayr sits the ramparts of a citadel constructed by Oliver Cromwell's men during the mid-17th century. Towards the south of the town is the birthplace of Scottish poet Robert Burns in the suburb of Alloway. Ayr has been a popular tourist resort since the expansion of the railway in 1840 owing to the town's fine be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
_1.463_-_Dividend_Day_at_the_Bank%2C_1770.jpg "Click for more on -> Credit Crisis Of 1772")
