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Darien Scheme
The Darien scheme was an unsuccessful attempt, backed largely by investors of the Kingdom of Scotland, to gain wealth and influence by establishing ''New Caledonia'', a colony on the Isthmus of Panama, in the late 1690s. The plan was for the colony, located on the Gulf of Darién, to establish and manage an overland route to connect the Pacific and Atlantic oceans. The backers knew that the first sighting of the Pacific Ocean by Balboa was after crossing the isthmus through Darién. The attempt at settling the area did not go well; more than 80% of participants died within a year, and the settlement was abandoned twice.Little, "The Caribbean colony ..." There are many explanations for the disaster. Rival claims have been made suggesting that the undertaking was beset by poor planning and provisioning; by divided leadership; by a lack of demand for traded goods, owing to an English trade blockade; by devastating epidemics of tropical disease; by the successful collabora ...
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Scottish Colonization Of The Americas
Scottish colonisation of the Americas comprised a number of failed or abandoned Scottish settlements in North America; a colony at Darien on the Isthmus of Panama; and a number of wholly or largely Scottish settlements made after the Acts of Union 1707, and those made by the enforced resettlement after the Battle of Culloden and the Highland Clearances. Nova Scotia (1621) The first documented Scottish settlement in the Americas was of Nova Scotia in 1629. On 29 September 1621, the charter for the foundation of a colony was granted by James VI of Scotland to Sir William Alexander. Between 1622 and 1628, Sir William launched four attempts to send colonists to Nova Scotia; all failed for various reasons. A successful settlement of Nova Scotia was finally achieved in 1629. The colony's charter, in law, made Nova Scotia (defined as all land between Newfoundland and New England; i.e., The Maritimes) a part of mainland Scotland; this was later used to get around the English navigat ...
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Great Famine Of 1695–1697
The Great Famine of 1695–1697, or simply the Great Famine, was a catastrophic famine that affected the present Estonia, Finland, Latvia, Norway and Sweden, all of which belonged to the Swedish Empire with the exception of Norway. The areas worst affected were the Swedish province of Finland and Norrland in Sweden proper. The Great Famine of 1695–1697 was concurrent with the "seven ill years", a period of national famine in Scotland in the 1690s. Estonia Finland In the Swedish province of Finland, the Great Famine of 1695–97 was also referred to as "The Years of Many Deaths" by some Finnish historians, because it killed about a third of the Finnish population in only two years, or about 150,000 out of 500,000.Topelius, Zacharias (1899). ”Stora hungersnöden”. Fältskärns berättelser. Stockholm: Albert Bonniers förlag. P. 388-399 People widely relied on eating bark bread. It was Finland's worst demographic catastrophe. The summer of 1695 was particularly cold, and gr ...
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Education Act 1696
The Education Act 1696 was an Act of the Parliament of Scotland (1696 c.26) that ordered locally funded, Church-supervised schools to be established in every parish in Scotland. It was passed by the Parliament at Edinburgh on 8 September 1696 in the reign of Mary II and William II. The Act for settling of schools stated that for every parish without a school and paid schoolmaster * a school will be founded and a schoolmaster appointed with the advice of the heritors and the parish minister. * to this end, the heritors of every congregation will meet, and provide ** a suitable house for the school. ** an annual salary for the schoolmaster, between 100-200 merks. ** a new tax on heritors and life-renters to pay for these. ** for the tenants of heritors, they must pay half of the taxable amount on the land that they use to their heritors. * if a majority of the heritors cannot agree, then any 5 members of the commissioners of supply are empowered to do it and assess the new tax. ...
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Bank Of Scotland
The Bank of Scotland plc (Scottish Gaelic: ''Banca na h-Alba'') is a commercial and clearing bank based in Scotland and is part of the Lloyds Banking Group, following the Bank of Scotland's implosion in 2008. The bank was established by the Parliament of Scotland in 1695 to develop Scotland's trade with other countries, and aimed to create a stable banking system in the Kingdom of Scotland. With a history dating to the end of the 17th century, it is the fifth-oldest extant bank in the United Kingdom (the Bank of England having been established one year earlier), and is the only commercial institution created by the Parliament of Scotland to remain in existence. It was one of the first banks in Europe to print its own banknotes, and it continues to print its own sterling banknotes under legal arrangements that allow Scottish banks to issue currency. In June 2006, the HBOS Group Reorganisation Act 2006 was passed by the Parliament of the United Kingdom, allowing the bank' ...
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Parliament Of Scotland
The Parliament of Scotland ( sco, Pairlament o Scotland; gd, Pàrlamaid na h-Alba) was the legislature of the Kingdom of Scotland from the 13th century until 1707. The parliament evolved during the early 13th century from the king's council of bishops and earls, with the first identifiable parliament being held in 1235 during the reign of Alexander II, when it already possessed a political and judicial role. A unicameral institution, for most of its existence the Parliament consisted of the three estates of clergy, nobility, and the burghs. By the 1690s it comprised the nobility, the shires, the burghs, and various officers of state. Parliament gave consent for the raising of taxation and played an important role in the administration of justice, foreign policy, war, and the passing of a broad range of legislation. Parliamentary business was also carried out by "sister" institutions, such as General Councils or Conventions of Estates, which could both carry out much bu ...
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Seven Ill Years
The Seven Ill Years, also known as the Seven Lean Years (), is the term used for a period of widespread and prolonged famine in Scotland during the 1690s, named after the Biblical famine in Egypt predicted by Joseph in the Book of Genesis The Book of Genesis (from Greek ; Hebrew: בְּרֵאשִׁית ''Bəreʾšīt'', "In hebeginning") is the first book of the Hebrew Bible and the Christian Old Testament. Its Hebrew name is the same as its first word, ( "In the beginning" .... Estimates suggest between 5 to 15% of the total Scottish population died of starvation, while in areas like Aberdeenshire death rates may have reached 25%. One reason the shortages of the 1690s are so well remembered is because they were the last of their kind. As documented in tree ring records, the 1690s was the coldest decade in Scotland for the past 750 years. Failed harvests in 1695, 1696, 1698 and 1699, combined with an economic slump caused by the Nine Years' War, resulted in severe ...
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Wars Of The Three Kingdoms
The Wars of the Three Kingdoms were a series of related conflicts fought between 1639 and 1653 in the kingdoms of England, Scotland and Ireland, then separate entities united in a personal union under Charles I. They include the 1639 to 1640 Bishops' Wars, the First and Second English Civil Wars, the Irish Confederate Wars, the Cromwellian conquest of Ireland and the Anglo-Scottish war (1650–1652). They resulted in victory for the Parliamentarian army, the execution of Charles I, the abolition of monarchy, and founding of the Commonwealth of England, a Unitary state which controlled the British Isles until the Stuart Restoration in 1660. Political and religious conflict between Charles I and his opponents dated to the early years of his reign. While the vast majority supported the institution of monarchy, they disagreed on who held ultimate authority. Royalists (or 'Cavaliers') generally argued political and religious bodies were subordinate to the king, while most of th ...
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Royal Scots Navy
The Royal Scots Navy (or Old Scots Navy) was the navy of the Kingdom of Scotland from its origins in the Middle Ages until its merger with the Kingdom of England's Royal Navy per the Acts of Union 1707. There are mentions in Medieval records of fleets commanded by Scottish kings in the twelfth and thirteenth centuries. King Robert I (1274–1329, reigned 1306–1329), developed naval power to counter the English in the Wars of Independence (1296–1328), and after the establishment of Scottish independence continued to build up naval capacity. In the late fourteenth century naval warfare with England was conducted largely by hired Scots, Flemish and French merchantmen and privateers. King James I (1394–1437, reigned 1406–1437), took a greater interest in naval power establishing a shipbuilding yard at Leith and probably created the office of Lord High Admiral. King James IV (1473–1513, reigned 1488–1513), put the enterprise on a new footing, founding a harbour at Ne ...
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Navigation Acts
The Navigation Acts, or more broadly the Acts of Trade and Navigation, were a long series of English laws that developed, promoted, and regulated English ships, shipping, trade, and commerce between other countries and with its own colonies. The laws also regulated England's fisheries and restricted foreigners' participation in its colonial trade. While based on earlier precedents, they were first enacted in 1651 under the Commonwealth. The system was reenacted and broadened with the Restoration by the Act of 1660, and further developed and tightened by the Navigation Acts of 1663, 1673, and 1696. Upon this basis during the 18th century, the Acts were modified by subsequent amendments, changes, and the addition of enforcement mechanisms and staff. Additionally, a major change in the very purpose of the Acts in the 1760s – that of generating a colonial revenue, rather than only regulating the Empire's trade – would help lead to major rebellions, and significant changes in the ...
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Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, ...
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Shipbuilding
Shipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history. Shipbuilding and ship repairs, both commercial and military, are referred to as " naval engineering". The construction of boats is a similar activity called boat building. The dismantling of ships is called ship breaking. History Pre-history The earliest known depictions (including paintings and models) of shallow-water sailing boats is from the 6th to 5th millennium BC of the Ubaid period of Mesopotamia. They were made from bundled reeds coated in bitumen and had bipod masts. They sailed in shallow coastal waters of the Persian Gulf. 4th millennium BC Ancient Egypt Evidence from Ancient Egypt shows that the early Egyptians knew how to assemble planks of wood into a ship hull as early as 3100 BC. Egyptia ...
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Export
An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an ''exporter''; the foreign buyer is an '' importer''. Services that figure in international trade include financial, accounting and other professional services, tourism, education as well as intellectual property rights. Exportation of goods often requires the involvement of customs authorities. Firms Many manufacturing firms begin their global expansion as exporters and only later switch to another mode for serving a foreign market. Barriers There are four main types of export barriers: motivational, informational, operational/resource-based, and knowledge. Trade barriers are laws, regulations, policy, or practices that protect domestically made products from foreign competition. While restrictive business practices sometimes ...
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