George Anson's Voyage Around The World
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George Anson's Voyage Around The World
While Great Britain was fighting the War of Jenkins' Ear with Spain in 1740, Commodore George Anson led a squadron of eight ships on a mission to disrupt or capture the Pacific Ocean possessions of the Spanish Empire. Returning to Britain in 1744 by way of China and thus completing a circumnavigation of the globe, the voyage was notable for the capture of the Manila Galleon, but also for horrific losses from disease with only 188 men of the original 1,854 surviving. An account of the voyage was published in 1748 which being widely read by the general public was a great commercial success and "is still esteemed as the story of a remarkable voyage extremely well told".John Knox Laughton, biography of "Walter, Richard", Dictionary of National Biography, 1885-1900, Volume 5/ref> Background In 1739, the riches that Spain derived from the New World were well known throughout Europe. Huge quantities of silver were shipped from Peru, carried over the isthmus at Panama and then loaded ...
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Treaty
A treaty is a formal, legally binding written agreement between actors in international law. It is usually made by and between sovereign states, but can include international organizations An international organization or international organisation (see spelling differences), also known as an intergovernmental organization or an international institution, is a stable set of norms and rules meant to govern the behavior of states a ..., individuals, business entities, and other legal persons. A treaty may also be known as an international agreement, protocol, covenant, convention, pact, or exchange of letters, among other terms. However, only documents that are legally binding on the parties are considered treaties under international law. Treaties vary on the basis of obligations (the extent to which states are bound to the rules), precision (the extent to which the rules are unambiguous), and delegation (the extent to which third parties have authority to interpret, apply ...
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Bills Of Exchange
A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time, whose payer is usually named on the document. More specifically, it is a document contemplated by or consisting of a contract, which promises the payment of money without condition, which may be paid either on demand or at a future date. The term has different meanings depending on the use of the term as it is used in the application of different laws, and depending in which country and context it is used. Concept of negotiability William Searle Holdsworth defines the concept of negotiability as follows: #Negotiable instruments are transferable under the following circumstances: they are transferable by delivery where they are made payable to the bearer, they are transferable by delivery and endorsement where they are made payable to order. #Consideration is presumed. #The transferee acquires a good title, even though the transferor had a defective or n ...
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Trade Good
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products and ...
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Factor (agent)
A factor is a type of trader who receives and sells goods on commission, called factorage. A factor is a mercantile fiduciary transacting business in his own name and not disclosing his principal. A factor differs from a commission merchant in that a factor takes possession of goods (or documents of title representing goods, such as a bill of lading) on consignment, but a commission merchant sells goods not in his possession on the basis of samples. Most modern factor business is in the textile field, but factors are also used to a great extent in the shoe, furniture, hardware, and other industries, and the trade areas in which factors operate have increased. In the United Kingdom, most factors fall within the definition of a mercantile agent under the Factors Act 1889 and therefore have the powers of such. A factor has a possessory lien over the consigned goods that covers any claims against the principal arising out of the factor's activity. A debt factor, whether a perso ...
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Duke Of Newcastle
Duke of Newcastle upon Tyne was a title that was created three times, once in the Peerage of England and twice in the Peerage of Great Britain. The first grant of the title was made in 1665 to William Cavendish, 1st Marquess of Newcastle upon Tyne. He was a prominent Royalist commander during the Civil War. The related title of Duke of Newcastle-under-Lyne was created once in the Peerage of Great Britain. It was conferred in 1756 on Thomas Pelham-Holles, 1st Duke of Newcastle upon Tyne (of the third creation), to provide a slightly more remote special remainder. The title became extinct in 1988, a year that saw the deaths of the distantly related ninth and tenth Dukes of Newcastle-under-Lyne. Creations First creation (1665) William Cavendish, 1st Duke of Newcastle, was a son of Charles Cavendish, himself the third son of Sir William Cavendish and his wife Bess of Hardwick. One of Charles Cavendish's elder brothers became the 1st Earl of Devonshire (see Duke of Dev ...
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Conflict Of Interest
A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, financial or otherwise, and serving one interest could involve working against another. Typically, this relates to situations in which the personal interest of an individual or organization might adversely affect a duty owed to make decisions for the benefit of a third party. An "interest" is a commitment, obligation, duty or goal associated with a particular social role or practice. By definition, a "conflict of interest" occurs if, within a particular decision-making context, an individual is subject to two coexisting interests that are in direct conflict with each other. Such a matter is of importance because under such circumstances the decision-making process can be disrupted or compromised in a manner that affects the integrity or the reliability of the outcomes. Typically, a conflict of interest arises when an individual finds themselves occupying two soc ...
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Lima
Lima ( ; ), originally founded as Ciudad de Los Reyes (City of The Kings) is the capital and the largest city of Peru. It is located in the valleys of the Chillón River, Chillón, Rímac River, Rímac and Lurín Rivers, in the desert zone of the central coastal part of the country, overlooking the Pacific Ocean. Together with the seaside city of Callao, it forms a contiguous urban area known as the Lima Metropolitan Area. With a population of more than 9.7 million in its urban area and more than 10.7 million in its metropolitan area, Lima is one of the largest cities in the Americas. Lima was named by natives in the agricultural region known by native Peruvians as ''Limaq''. It became the capital and most important city in the Viceroyalty of Peru. Following the Peruvian War of Independence, it became the capital of the Republic of Peru (República del Perú). Around one-third of the national population now lives in its Lima Metropolitan Area, metropolitan area. The city of Li ...
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Peru
, image_flag = Flag of Peru.svg , image_coat = Escudo nacional del Perú.svg , other_symbol = Great Seal of the State , other_symbol_type = Seal (emblem), National seal , national_motto = "Firm and Happy for the Union" , national_anthem = "National Anthem of Peru" , march = "March of Flags" , image_map = PER orthographic.svg , map_caption = , image_map2 = , capital = Lima , coordinates = , largest_city = capital , official_languages = Peruvian Spanish, Spanish , languages_type = Co-official languages , languages = , ethnic_groups = , ethnic_groups_year = 2017 , demonym = Peruvians, Peruvian , government_type = Unitary state, Unitary Semi-presidential system, semi-presidential republic , leader_title1 = President of Peru, President ...
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Callao
Callao () is a Peruvian seaside city and Regions of Peru, region on the Pacific Ocean in the Lima metropolitan area. Callao is Peru's chief seaport and home to its main airport, Jorge Chávez International Airport. Callao municipality consists of the whole Callao Region, which is also coterminous with the Province of Callao. Founded in 1537 by the Spaniards, the city has a long naval history as one of the main ports in Latin America and the Pacific, as it was one of vital Spanish towns during the Spanish America, colonial era. Central Callao is about west of the Historic Centre of Lima. History El Callao was founded by Spanish colonists in 1537, just two years after Lima (1535). It soon became the main port for Spanish commerce in the Pacific Ocean, Pacific. The origin of its name is unknown; both Amerindian (particularly Yunga language (Peru), Yunga, or Coastal Peruvian) and Spanish sources are credited, but it is certain that it was known by that name since 1550. Other sou ...
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Troop
A troop is a military sub-subunit, originally a small formation of cavalry, subordinate to a squadron. In many armies a troop is the equivalent element to the infantry section or platoon. Exceptions are the US Cavalry and the King's Troop Royal Horse Artillery where a troop is a subunit comparable to an infantry company or artillery battery. Historically the remainder of the Royal Horse Artillery used the term Troop in the same manner however they are now aligned with the rest of the Royal Regiment of Artillery in referring to Troops as subordinate to artillery batteries. Troops is often used to refer to the other members of one's company or cause, but because of its military connotations, it conveys a particularly altruistic type of dedicated worker. Traditionally, troops refers to the soldiers in a military. A cavalry soldier of private rank is called a trooper in many Commonwealth armies (abbreviated "Tpr", not to be confused with "trouper"). A related sense of the ...
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Edward Vernon
Admiral Edward Vernon (12 November 1684 – 30 October 1757) was an English naval officer. He had a long and distinguished career, rising to the rank of admiral after 46 years service. As a vice admiral during the War of Jenkins' Ear, in 1739 he was responsible for the capture of Porto Bello, seen as expunging the failure of Admiral Hosier there in a previous conflict. However, his amphibious operation against the Spanish port of Cartagena de Indias was a disastrous defeat. Vernon also served as a Member of Parliament (MP) on three occasions and was outspoken on naval matters in Parliament, making him a controversial figure. The origin of the name "grog" for rum diluted with water is attributed to Vernon. He was known for wearing coats made of grogram cloth, earning him the nickname of "Old Grog", which in turn came to mean the diluted rum that he first introduced into his naval squadron. He is also the eponym of George Washington's estate Mount Vernon, and thereby th ...
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