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Grace Contract
The Grace Contract was an 1886 pact between Peru and British bondholders to retire debts against Peru from bonds issued in 1870 (£7,400,000) and 1872 for £36,800,000. The bondholders formed the Peruvian Corporation in order to fulfill certain obligations as a guarantee to recoup losses from the defaulted bonds. The Grace Contract was not actually formalized until 1890. Debt The Peruvian government was deep in debt after winning independence from Spain and the War of the Pacific. To settle these debts the government had secured several loans, primarily through Dreyfus Frérale and the Guano Syndicate. Loans were secured in 1865, 1866, 1869, 1870, and 1872. Proceeds from the massive £36,800,000 1872 loan were to be used to retire the 1865 and 1866 loans. There were issues concerning the legality of this loan as the Peruvian government had reportedly authorized President Balta to raise only £9.3 million so the 1866 and 1866 loan repayment was not authorized. The London Stock Exc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1886 In The United Kingdom
Events from the year 1886 in the United Kingdom. Incumbents * Monarch – Victoria * Prime Minister – Robert Gascoyne-Cecil, 3rd Marquess of Salisbury (Conservative) (until 28 January); William Ewart Gladstone (Liberal) (starting 1 February, until 20 July); Robert Gascoyne-Cecil, 3rd Marquess of Salisbury (Conservative) (starting 25 July) * Parliament – 23rd (starting 12 January, until 26 June), 24th (starting 5 August) Events * January – Ulster Protestant Unionists begin to lobby against the Irish Home Rule Bill, establishing the Ulster Loyal Anti-Repeal Union in Belfast. * 5 January - Robert Louis Stevenson publishes 'The Strange Case of Dr Jekyll and Mr Hyde' *13 January – after six years of campaigning, the atheist Charles Bradlaugh is permitted to affirm rather than take the traditional oath, allowing him to take his seat as a Member of Parliament. * 18 January – the Hockey Association is founded, largely on the initiative of sports clubs in the London area, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1886 In South America
Events January–March * January 1 – Upper Burma is formally annexed to British Burma, following its conquest in the Third Anglo-Burmese War of November 1885. * January 5– 9 – Robert Louis Stevenson's novella ''Strange Case of Dr Jekyll and Mr Hyde'' is published in New York and London. * January 16 – A resolution is passed in the German Parliament to condemn the Prussian deportations, the politically motivated mass expulsion of ethnic Poles and Jews from Prussia, initiated by Otto von Bismarck. * January 18 – Modern field hockey is born with the formation of The Hockey Association in England. * January 29 – Karl Benz patents the first successful gasoline-driven automobile, the Benz Patent-Motorwagen (built in 1885). * February 6– 9 – Seattle riot of 1886: Anti-Chinese sentiments result in riots in Seattle, Washington. * February 8 – The West End Riots following a popular meeting in Trafalgar Square, London. * February ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rail Transport In Peru
Rail transport in Peru has a varied history. Peruvian rail transport has never formed a true network, primarily comprising separate lines running inland from the coast and built according to freight need rather than passenger need. Many Peruvian railroad lines owe their origins to contracts granted to United States entrepreneurs Henry Meiggs and W. R. Grace and Company but the mountainous nature of Peru made expansion slow and much of the surviving mileage is of twentieth-century origin. It was also challenging to operate, especially in the age of the steam locomotive. In the latter part of the 1880s, the principal public railways, the Central and Southern, with others, passed to the control of the Peruvian Corporation, registered in London and controlled by Americans Michael and William R. Grace. In 1972 they were nationalized as Empresa Nacional de Ferrocarriles del Perú (ENAFER), but this survived as an operator only until 1999 when most surviving lines were privatized. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal History Of Peru
Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior,Robertson, ''Crimes against humanity'', 90. with its precise definition a matter of longstanding debate. It has been variously described as a science and as the art of justice. State-enforced laws can be made by a group legislature or by a single legislator, resulting in statutes; by the executive through decrees and regulations; or established by judges through precedent, usually in common law jurisdictions. Private individuals may create legally binding contracts, including arbitration agreements that adopt alternative ways of resolving disputes to standard court litigation. The creation of laws themselves may be influenced by a constitution, written or tacit, and the rights encoded therein. The law shapes politics, economics, history and society in various ways and serves as a mediator of relations between people. Legal systems vary between jurisdictions ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic History Of Peru
The industries of the economy of Peru arose in response to the country's rich natural resources. During the regime of the Inca Empire, the economy was centrally planned, and labour was mandatory. Spanish explorers held the Incan system in much regard. Today, Peru has important mineral resources, which are found throughout its mountainous and coastal regions. The country is the world's second-largest producer of silver and copper. From 2016 to 2017, mining output increased, helping Peru attain one of the highest GDP growth rates in Latin America. Peru's prominent industries include mining, farming, fishing, and agriculture. Incan Empire (pre-16th century) The Incan economy was centered around the ''ayllu'', a local group composed of neighboring families in the same village. Every ''ayllu'' specialized in a certain industry, such as agriculture, pottery, clothing, or jewellery. People did collective community work in a system known as the ''minka'', which involved construction, c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
La Oroya
La Oroya is a city on the River Mantaro in central Peru. It is situated on the Andes some 176 km east-north-east of the national capital, Lima, and is capital of the Yauli Province. La Oroya is the location of a smelting operation that earned the town a place on the Blacksmith Institute's 2007 report on "The World's Worst Polluted Places". History In 1533, the Spanish established a small settlement and started small-scale mining for precious metals in the area, but isolation and transport difficulties hindered extraction. At the time of the War of Independence, the area's strategic position made it a center of guerrilla activity; one of the decisive battles of the war, Chacamarca (Junin), took place nearby, and Simón Bolívar passed through the town after the battle. In 1861, the settlement was named San Jeronímo de Callapampa and in 1893 it became La Oroya. In 1925, La Oroya was designated the capital of the Yauli province and finally, in 1942, it was elevated to ci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Hague
The Hague ( ; nl, Den Haag or ) is a city and municipality of the Netherlands, situated on the west coast facing the North Sea. The Hague is the country's administrative centre and its seat of government, and while the official capital of the Netherlands is Amsterdam, The Hague has been described as the country's de facto capital. The Hague is also the capital of the province of South Holland, and the city hosts both the International Court of Justice and the International Criminal Court. With a population of over half a million, it is the third-largest city in the Netherlands, after Amsterdam and Rotterdam. The Hague is the core municipality of the Greater The Hague urban area, which comprises the city itself and its suburban municipalities, containing over 800,000 people, making it the third-largest urban area in the Netherlands, again after the urban areas of Amsterdam and Rotterdam. The Rotterdam–The Hague metropolitan area, with a population of approximately 2.6&n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Court Of Justice
The International Court of Justice (ICJ; french: Cour internationale de justice, links=no; ), sometimes known as the World Court, is one of the six principal organs of the United Nations (UN). It settles disputes between states in accordance with international law and gives advisory opinions on international legal issues. The ICJ is the only international court that adjudicates general disputes between countries, with its rulings and opinions serving as primary sources of international law. The ICJ is the successor of the Permanent Court of International Justice (PCIJ), which was established in 1920 by the League of Nations. After the Second World War, both the league and the PCIJ were replaced by the United Nations and ICJ, respectively. The Statute of the ICJ, which sets forth its purpose and structure, draws heavily from that of its predecessor, whose decisions remain valid. All member states of the UN are party to the ICJ Statute and may initiate contentious cases; ho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lausanne
, neighboring_municipalities= Bottens, Bretigny-sur-Morrens, Chavannes-près-Renens, Cheseaux-sur-Lausanne, Crissier, Cugy, Écublens, Épalinges, Évian-les-Bains (FR-74), Froideville, Jouxtens-Mézery, Le Mont-sur-Lausanne, Lugrin (FR-74), Maxilly-sur-Léman (FR-74), Montpreveyres, Morrens, Neuvecelle (FR-74), Prilly, Pully, Renens, Romanel-sur-Lausanne, Saint-Sulpice, Savigny , twintowns = Lausanne ( , , , ) ; it, Losanna; rm, Losanna. is the capital and largest city of the Swiss French speaking canton of Vaud. It is a hilly city situated on the shores of Lake Geneva, about halfway between the Jura Mountains and the Alps, and facing the French town of Évian-les-Bains across the lake. Lausanne is located northeast of Geneva, the nearest major city. The municipality of Lausanne has a population of about 140,000, making it the fourth largest city in Switzerland after Basel, Geneva, and Zurich, with the entire agglomeration area having about 420,000 inhabit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lobos De Afuera
Lobos is the headquarters city of the Lobos Partido in Buenos Aires Province, Argentina. It was founded on 2 June 1802 by José Salgado. Background Located 100 km from Buenos Aires, Lobos is currently a fertile agricultural area known mainly because of the dairy activity and dairy-related products. Lobos Administrative Area is bordered by Navarro to the northwest; General Las Heras to the north; Cañuelas to the northeast; San Miguel del Monte to the east; Roque Pérez to the south and 25 de Mayo to the west. The administrative area is as web divided into seven quarters: Arévalo, Buenos Airesa Province, Arévalo, Carboni, Buenos Aires Province, Carboni, Elvira (quarter), Elvira, Empalme Lobos, Las Chacras, Salvador María and Zapiola. ''Lobos Administrative Area and its divisions'' Besides the rural importance, Lobos is considered an important tourist center within the Province of Buenos Aires, Laguna de Lobos, Lobos Lagoon being the most important feature. The lagoon i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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