The History of England, from the Accession of James II — Volume 5Macaulay, Thomas Babington Macaulay, Baron
History
The History of England, from the Accession of James II — Volume 5
Macaulay, Thomas Babington Macaulay, Baron
Great Britain -- History -- James II, 1685-1688; Great Britain -- History -- William and Mary, 1689-1702
The list of the members of the Darien Company deserves to be examined.
The number of shareholders was about fourteen hundred. The largest
quantity of stock registered in one name was three thousand pounds. The
heads of three noble houses took three thousand pounds each, the Duke
of Hamilton, the Duke of Queensbury and Lord Belhaven, a man of ability,
spirit and patriotism, who had entered into the design with enthusiasm
not inferior to that of Fletcher. Argyle held fifteen hundred pounds.
John Dalrymple, but too well known as the Master of Stair, had just
succeeded to his father's title and estate, and was now Viscount Stair.
He put down his name for a thousand pounds. The number of Scotch peers
who subscribed was between thirty and forty. The City of Edinburgh, in
its corporate capacity, took three thousand pounds, the City of Glasgow
three thousand, the City of Perth two thousand. But the great majority
of the subscribers contributed only one hundred or two hundred pounds
each. A very few divines who were settled in the capital or in other
large towns were able to purchase shares. It is melancholy to see in the
roll the name of more than one professional man whose paternal anxiety
led him to lay out probably all his hardly earned savings in purchasing
a hundred pound share for each of his children. If, indeed, Paterson's
predictions had been verified, such a share would, according to the
notions of that age and country, have been a handsome portion for the
daughter of a writer or a surgeon.
Public-domain text, read in full here on John Shaqi.
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