Woolless
Member
- Location
- Berwickshire, Scottish Borders
Anyone who wants to know more about this subject could do a lot worse than reading 'Darien' by John McKendrick. A good read and well researched. Just finished it."Tenuous grip of history"?
If your giving out a history lesson, then you've forgotten to mention that the Act of Union (1707) was brought about a by an ambitious Scottish Government who had sought trade and influence abroad by sending 3000 men to the Darien region of what is now Panama, and creating the colony of 'New Caledonia', with its capital : 'New Edinburgh'. It undoubtedly failed due to the embargo ordered by King William, and the disastrous choice of starting a colony in a malarial swamp.
https://www.nls.uk/exhibitions/treasures/scotland-and-darien
Of "the Scottish people who were never asked", more than 2000 of them were investors.
http://www.bbc.co.uk/news/magazine-27405350
"The disaster helped end Scotland's independence. For the colony had been funded by public subscription - an early example of a financial mania.
Public bodies, town corporations, members of parliament, landed gentry, and thousands of private citizens - sea captains and surgeons, apothecaries and ironmongers - sank their life savings into the scheme.
Between a quarter and a half of the available wealth of Scotland was spent, and lost."
And the real lesson from history?
- don't support a tin pot 'government' that can't deliver on its promises.