William Paterson (banker)
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William Paterson (banker)
Sir William Paterson (April 1658 - 22 January 1719) was a Scottish trader and banker. He was one of the founders of the Bank of England and was one of the main proponents of the catastrophic Darien scheme. Later he became an advocate of Union with England. Biography Early life William Paterson was born in his parents' farmhouse at Tinwald in Dumfriesshire, Scotland, and lived with them until he was seventeen, when he emigrated first (briefly) to Bristol and then to the Bahamas, although accounts differ as to the duration of his stays. During his time in the West Indies he first conceived the idea of the Darién scheme, his plan to create a colony on the isthmus of Panama, facilitating trade with the Far East. While in the West Indies, it is said that he acted as a merchant, developing a reputation for business acumen and dealings with local buccaneers. Career Paterson returned to Europe by the middle of the 1680s, and attempted to convince the English government under ...
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New Amsterdam And Its People; Studies, Social And Topographical, Of The Town Under Dutch And Early English Rule (1902) (14579651777)
New is an adjective referring to something recently made, discovered, or created. New or NEW may refer to: Music * New, singer of K-pop group The Boyz Albums and EPs * ''New'' (album), by Paul McCartney, 2013 * ''New'' (EP), by Regurgitator, 1995 Songs * "New" (Daya song), 2017 * "New" (Paul McCartney song), 2013 * "New" (No Doubt song), 1999 *"new", by Loona from '' Yves'', 2017 *"The New", by Interpol from ''Turn On the Bright Lights'', 2002 Acronyms * Net economic welfare, a proposed macroeconomic indicator * Net explosive weight, also known as net explosive quantity * Network of enlightened Women, a conservative university women's organization * Next Entertainment World, a South Korean film distribution company Identification codes * Nepal Bhasa language ISO 639 language code * New Century Financial Corporation (NYSE stock abbreviation) * Northeast Wrestling, a professional wrestling promotion in the northeastern United States Transport * New Orleans Lakefront A ...
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Dutch Republic
The United Provinces of the Netherlands, also known as the (Seven) United Provinces, officially as the Republic of the Seven United Netherlands (Dutch: ''Republiek der Zeven Verenigde Nederlanden''), and commonly referred to in historiography as the Dutch Republic, was a federal republic that existed from 1579, during the Dutch Revolt, to 1795 (the Batavian Revolution). It was a predecessor state of the Netherlands and the first fully independent Dutch nation state. The republic was established after seven Dutch provinces in the Spanish Netherlands revolted against rule by Spain. The provinces formed a mutual alliance against Spain in 1579 (the Union of Utrecht) and declared their independence in 1581 (the Act of Abjuration). It comprised Groningen, Frisia, Overijssel, Guelders, Utrecht, Holland and Zeeland. Although the state was small and contained only around 1.5 million inhabitants, it controlled a worldwide network of seafaring trade routes. Through its ...
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Export Duties
Customs is an authority or agency in a country responsible for collecting tariffs and for controlling the flow of goods, including animals, transports, personal effects, and hazardous items, into and out of a country. Traditionally, customs has been considered as the fiscal subject that charges customs duties (i.e. tariffs) and other taxes on import and export. In recent decades, the views on the functions of customs have considerably expanded and now covers three basic issues: taxation, security, and trade facilitation. Each country has its own laws and regulations for the import and export of goods into and out of a country, enforced by their respective customs authorities; the import/export of some goods may be restricted or forbidden entirely. A wide range of penalties are faced by those who break these laws. Overview Taxation The traditional function of customs has been the assessment and collection of customs duties, which is a tariff or tax on the importation ...
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Scottish Economy
The economy of Scotland is an Open economy, open mixed economy which, in 2020, had an estimated nominal gross domestic product (GDP) of $205 billion including oil and gas extraction in Scottish waters. Since the Acts of Union 1707, Scotland's economy has been closely aligned with the economy of the rest of the United Kingdom (UK), and England has historically been its main trading partner. Scotland still conducts the majority of its trade within the UK: in 2017, Scotland's exports totalled £81.4 billion, of which £48.9 billion (60%) was with constituent nations of the UK, £14.9 billion with the rest of the European Union (EU), and £17.6 billion with other parts of the world. Scotland’s imports meanwhile totalled £94.4 billion including intra-UK trade leaving Scotland with a trade deficit of £10.4 billion in 2017. Scotland was one of the industrial powerhouses of Europe from the time of the Industrial Revolution onwards, being a world leader in manufacturing. This left a ...
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Dumfries And Galloway
Dumfries and Galloway ( sco, Dumfries an Gallowa; gd, Dùn Phrìs is Gall-Ghaidhealaibh) is one of 32 unitary council areas of Scotland and is located in the western Southern Uplands. It covers the historic counties of Dumfriesshire, Kirkcudbrightshire, and Wigtownshire, the latter two of which are collectively known as Galloway. The administrative centre and largest settlement is the town of Dumfries. The second largest town is Stranraer, on the North Channel coast, some to the west of Dumfries. Following the 1975 reorganisation of local government in Scotland, the three counties were joined to form a single region of Dumfries and Galloway, with four districts within it. The districts were abolished in 1996, since when Dumfries and Galloway has been a unitary local authority. For lieutenancy purposes, the area is divided into three lieutenancy areas called Dumfries, Wigtown and the Stewartry of Kirkcudbright, broadly corresponding to the three historic counties. To th ...
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New Abbey
New Abbey ( gd, An Abaid Ùr) is a village in the historical county of Kirkcudbrightshire in Dumfries and Galloway, Scotland. It is south of Dumfries. The summit of the prominent hill Criffel is to the south. History The village has a wealth of history including the ruined Cistercian abbey Sweetheart Abbey, founded by Lady Dervorguilla in 1273 in memory of her husband John Balliol. She kept his embalmed heart close to her for the rest of her life. The monks named the abbey ''dulce cor'' ("sweet heart"). The village has a watermill, the New Abbey Corn Mill. Loch Kindar has a crannog and the village has the remains of Kirk Kindar (this was the parish church until just after 1633 when it was transferred to the refectory of the suppressed Sweetheart Abbey) on an island located just outside the village. New Abbey was one of five parishes from Kirkcudbrightshire included in the Nithsdale district of Dumfries and Galloway under the local government reforms of 1975 which aboli ...
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Sweetheart Abbey
The Abbey of Dulce Cor, better known as Sweetheart Abbey ( Gaelic: ''An Abaid Ur''), was a Cistercian monastery founded in 1275 in what is now the village of New Abbey, in the historical county of Kirkcudbrightshire in Dumfries and Galloway, south of Dumfries. History Founding The abbey, located on the banks of the New Abbey Pow (river), was founded by Dervorguilla of Galloway, daughter of Alan, Lord of Galloway, in memory of her husband, John de Balliol. After his death, she kept his embalmed heart, contained in a casket of ivory and silver, with her for the rest of her life, and it was buried alongside her when she died. In line with this devotion to her late husband, she named the abbey ''Dulce Cor'' (Latin for Sweet Heart). Their son, also John, became King of Scotland, but his reign was tragic and short. Under the first abbot, Henry, the abbey was built in deep-red, local sandstone in the Early English style. It was founded as a daughter house to the nearby Dundrennan ...
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Westminster
Westminster is an area of Central London, part of the wider City of Westminster. The area, which extends from the River Thames to Oxford Street, has many visitor attractions and historic landmarks, including the Palace of Westminster, Buckingham Palace, Westminster Abbey, Westminster Cathedral and much of the West End shopping and entertainment district. The name ( ang, Westmynstre) originated from the informal description of the abbey church and royal peculiar of St Peter's (Westminster Abbey), west of the City of London (until the English Reformation there was also an Eastminster, near the Tower of London, in the East End of London). The abbey's origins date from between the 7th and 10th centuries, but it rose to national prominence when rebuilt by Edward the Confessor in the 11th. Westminster has been the home of England's government since about 1200, and from 1707 the Government of the United Kingdom. In 1539, it became a city. Westminster is often used ...
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Act Of Union 1707
The Acts of Union ( gd, Achd an Aonaidh) were two Acts of Parliament: the Union with Scotland Act 1706 passed by the Parliament of England, and the Union with England Act 1707 passed by the Parliament of Scotland. They put into effect the terms of the Treaty of Union that had been agreed on 22 July 1706, following negotiation between commissioners representing the parliaments of the two countries. By the two Acts, the Kingdom of England and the Kingdom of Scotlandwhich at the time were separate states with separate legislatures, but with the same monarchwere, in the words of the Treaty, "United into One Kingdom by the Name of Great Britain". The two countries had shared a monarch since the Union of the Crowns in 1603, when King James VI of Scotland inherited the English throne from his double first cousin twice removed, Queen Elizabeth I. Although described as a Union of Crowns, and in spite of James's acknowledgement of his accession to a single Crown, England and Scot ...
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Treaty Of Union 1707
The Treaty of Union is the name usually now given to the treaty which led to the creation of the new state of Great Britain, stating that the Kingdom of England (which already included Wales) and the Kingdom of Scotland were to be "United into One Kingdom by the Name of Great Britain".: Both Acts of Union and the Treaty state in Article I: ''That the Two Kingdoms of Scotland and England, shall upon 1 May next ensuing the date hereof, and forever after, be United into One Kingdom by the Name of GREAT BRITAIN''. At the time it was more often referred to as the Articles of Union. The details of the Treaty were agreed on 22 July 1706, and separate Acts of Union were then passed by the parliaments of England and Scotland to put the agreed Articles into effect. The political union took effect on 1 May 1707. Background Queen Elizabeth I of England and Ireland, last monarch of the Tudor dynasty, died without issue on 24 March 1603, and the throne fell at once (and uncontroversiall ...
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Privy Council Of Scotland
The Privy Council of Scotland ( — 1 May 1708) was a body that advised the Scottish monarch. In the range of its functions the council was often more important than the Estates in the running the country. Its registers include a wide range of material on the political, administrative, economic and social affairs of the Kingdom of Scotland. The council supervised the administration of the law, regulated trade and shipping, took emergency measures against the plague, granted licences to travel, administered oaths of allegiance, banished beggars and gypsies, dealt with witches, recusants, Covenanters and Jacobites and tackled the problem of lawlessness in the Highlands and the Borders. History Like the Parliament, the council was a development of the King's Council. The King's Council, or ''curia regis'', was the court of the monarch surrounded by his royal officers and others upon whom he relied for advice. It is known to have existed in the thirteenth century, if not earli ...
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Edinburgh
Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian on the southern shore of the Firth of Forth. Edinburgh is Scotland's second-most populous city, after Glasgow, and the seventh-most populous city in the United Kingdom. Recognised as the capital of Scotland since at least the 15th century, Edinburgh is the seat of the Scottish Government, the Scottish Parliament and the highest courts in Scotland. The city's Palace of Holyroodhouse is the official residence of the British monarchy in Scotland. The city has long been a centre of education, particularly in the fields of medicine, Scottish law, literature, philosophy, the sciences, and engineering. It is the second-largest financial centre in the United Kingdom, and the city's historical and cultural attractions have made it the UK's second-most visited tourist d ...
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