|
Sir William Paterson (born April, 1658 in Tinwald, Dumfries and Galloway, Scotland - died in Westminster, London, on January 22, 1719) was a Scottish trader and banker. Image File history File links Sir_William_Paterson. ...
Image File history File links Sir_William_Paterson. ...
Events January 13 - Edward Sexby, who had plotted against Oliver Cromwell, dies in Tower of London February 6 - Swedish troops of Charles X Gustav of Sweden cross The Great Belt (Storebælt) in Denmark over frozen sea May 1 - Publication of Hydriotaphia, Urn Burial and The Garden of Cyrus by...
Dumfries and Galloway (Dùn Phris agus an Gall-Ghaidhealaibh in Gaelic) is one of 32 council areas of Scotland. ...
Motto (Latin) No one provokes me with impunity Wha daur meddle wi me?(Scots)1 Anthem (Multiple unofficial anthems) Scotlands location in Europe Capital Edinburgh Largest city Glasgow Official languages English, Gaelic, Scots3 Government Constitutional monarchy - Queen Queen Elizabeth II - Prime Minister Tony Blair MP - First Minister Jack McConnell...
Westminster is a district within the City of Westminster in London. ...
This article is about the capital of England and the United Kingdom. ...
January 22 is the 22nd day of the year in the Gregorian calendar. ...
// Events January 23 - The Principality of Liechtenstein is created within the Holy Roman Empire April 25 - Daniel Defoe publishes Robinson Crusoe June 10 - Battle of Glen Shiel Prussia conducts Europes first systematic census Miners in Falun, Sweden find an apparently petrified body of Fet-Mats Israelsson in an unused...
Motto (Latin) No one provokes me with impunity Wha daur meddle wi me?(Scots)1 Anthem (Multiple unofficial anthems) Scotlands location in Europe Capital Edinburgh Largest city Glasgow Official languages English, Gaelic, Scots3 Government Constitutional monarchy - Queen Queen Elizabeth II - Prime Minister Tony Blair MP - First Minister Jack McConnell...
The term Trader can refer to: In economics, a merchant, a retail business or one who attempts to generally buy wholesale and sell later at a profit In finance, someone who buys and sells financial instruments such as stocks, bonds and derivatives - see stock trader In marketing, Trader Classified Media...
For other uses, see Bank (disambiguation). ...
Early life
William Paterson was born in his parent's farmhouse of Skipmyre in Tinwald, Scotland, and lived with them until he was seventeen, when he emigrated first (briefly) to Bristol and then to the Bahamas. It was here that he first conceived the Darién scheme, his plan to create a colony on the isthmus of Panama, faciliating trade with the Far East. View from Cumberland Basin of the Clifton Suspension Bridge and the Avon Gorge Bristol (IPA: ) is a city, unitary authority and ceremonial county in South West England, 115 miles (185 km) west of London and between the cities of Bath, Gloucester and Newport. ...
The Darién scheme was an unsuccessful attempt by the Kingdom of Scotland to establish a colony on the Isthmus of Panama. ...
The far east as a cultural block includes East Asia, Southeast Asia, Northeast Asia and South Asia. ...
Career Paterson returned to Europe, and attempted to convince the English government under James II to undertake the Darién scheme. When they refused, he tried again to persuade the governments of the Holy Roman Empire and the Dutch Republic to establish a colony in Panama, but failed in both cases. This article is 150 kilobytes or more in size. ...
Motto: (French for God and my right) Anthem: God Save the King/Queen Capital London (de facto) Largest city London Official language(s) English (de facto) Unification - by Athelstan AD 927 Area - Total 130,395 km² (1st in UK) 50,346 sq mi Population - 2006 est. ...
James II of England/VII of Scotland (14 October 1633 – 16 September 1701) became King of Scots, King of England, and King of Ireland on 6 February 1685, and Duke of Normandy on 31 December 1660. ...
The extent of the Holy Roman Empire in c. ...
Map of Dutch Republic by Joannes Janssonius United Netherlands redirects here. ...
Paterson returned to London and made his fortune with foreign trade (primarily with the West Indies) in the Merchant Taylors' Company. While there, he founded the Bank of England in 1694 to act as the English government's banker. He proposed a loan of £1.2m to the government; in return the subscribers would be incorporated as The Governor and Company of the Bank of England with banking privileges including the issue of notes. The Royal Charter was granted on July 27, 1694. The Caribbean or the West Indies is a group of islands in the Caribbean Sea. ...
The Worshipful Company of Merchant Taylors is one of the Livery Companies of the City of London. ...
Paterson relocated to Edinburgh, where he was able to convince the Scottish government to undertake the Darién scheme, and was influential in the establishment of the Bank of Scotland (1695), the central bank of the Kingdom of Scotland. Paterson accompanied the disastrous Scottish expedition to Panama (1698), where his wife and child died and he became seriously ill. [1] On his return to Scotland in December 1699, he became instrumental in the movement for the Union of Scotland and England, culminating in his support of the Act of Union 1707. He spent the last years of his life in Westminster, and died in January 1719. This article or section does not adequately cite its references or sources. ...
The Privy Council of Scotland was a body that advised the King. ...
Headquarters on The Mound, Edinburgh The Bank of Scotland is a commercial bank in Scotland (and to a lesser extent the rest of the United Kingdom and the Republic of Ireland). ...
Events January 27 - Change of emperor of the Ottoman Empire from Ahmed II to Mustafa II (1695-1703) July 17 - The Bank of Scotland is founded by an Act of Parliament of the old Scottish Parliament. ...
Motto: Nemo me impune lacessit (Latin: No one strikes me with impunity) Capital Edinburgh¹ Language(s) Gaelic, Scots Government Monarchy King/Queen - 843-860 Kenneth I - 1587–1625 James VI - 1702-1714 Anne Legislature Parliament of Scotland History - United 843 - Union of the Crowns March 24, 1603 - Act of Union...
Events January 4 - Palace of Whitehall in London is destroyed by fire. ...
Events January 26 - Treaty of Karlowitz signed March 30 - the tenth Sikh Master, Guru Gobind Singh created the Khalsa. ...
Walter Thomas Monningtons 1925 painting called Parliamentary Union of England and Scotland 1707 hangs in the Palace of Westminster depicting the official presentation of the law that formed the United Kingdom of Great Britain. ...
The Acts of Union were twin Acts of Parliament passed in 1707 (taking effect on 26 March) by the Parliament of England and the Parliament of Scotland. ...
Events January 1 - John V is crowned King of Portugal March 26 - The Acts of Union becomes law, making the separate Kingdoms of England and Scotland into one country, the Kingdom of Great Britain. ...
Westminster is a district within the City of Westminster in London. ...
Chief works Roughly 22 anonymous works are attributed to Paterson, notably: - Proposals and Reasons for Constitulating a Council of Trade (1701), a plan to create a Scottish council of Trade which would stimulate the Scottish economy and trade, partly by abolishing export duties.
- A Proposal to plant a Colony in Darién to protect the Indians against Spain, and to open the Trade of South America to all Nations (1701), a broader version of the Darién scheme intended to bring free trade to all of Central and South America.
- Wednesday Club Dialogues upon the Union (1706), a series of imaginary dialogues in which Paterson expressed his beliefs that Scotland had to be guaranteed equal taxation, freedom of trade and proportionate representation in Parliament if union with England was to succeed.
Events January 18 - Frederick I becomes King of Prussia. ...
The headquarters of the Bank of Scotland, located on the Mound in Edinburgh. ...
A customs duty is a tariff or tax on the import of or export of goods. ...
Free trade is an economic concept referring to the selling of products between countries without tariffs or other trade barriers. ...
Events March 27 - Concluding that Emperor Iyasus I of Ethiopia had abdicated by retiring to a monastery, a council of high officials appoint Tekle Haymanot I Emperor of Ethiopia May 23 - Battle of Ramillies September 7 - The Battle of Turin in the War of Spanish Succession - forces of Austria and...
The Parliament of the United Kingdom of Great Britain and Northern Ireland is the supreme legislative institution in the United Kingdom and British overseas territories (it alone has parliamentary sovereignty). ...
Quotes "The bank hath benefit of interest on all moneys which it creates out of nothing."
See also he was 35 at the time John Holland was a founder of the Bank of Scotland in 1695, the central bank of the Kingdom of Scotland, which still continues to this day. ...
Saxe Bannister (1790 - 16 September 1877), was the first attorney-general of New South Wales, Australia, and a writer. ...
Daniel Defoe Daniel Defoe (1660 [?] – April 1731) was an English writer, journalist and spy, who gained enduring fame for his novel Robinson Crusoe. ...
The Acts of Union were a pair of Acts of Parliament passed in 1706 and 1707 (taking effect on 1 May 1707) by, respectively, the Parliament of England and the Parliament of Scotland. ...
The Darién scheme was an unsuccessful attempt by the Kingdom of Scotland to establish a colony on the Isthmus of Panama. ...
External links - Famous Americans - William Paterson
- Great Scotsmen - William Paterson
- Famous Scots - William Paterson
[[Category:Scottish non-fiction |
Feeds |
Contact