File:The Darien Chest, Royal Museum, Edinburgh.jpg
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editDescriptionThe Darien Chest, Royal Museum, Edinburgh.jpg |
English: This chest was used to store the money and documents of the Company of Scotland, established in 1695. The Company was responsible for the attempt in 1698 to establish a trading colony, named 'New Caledonia', on the isthmus of Darien (modern Panama), which ended in disaster. The failure of the venture, through over-optimistic trading prospects, tropical sickness, Spanish hostility and English indifference, cost 2,000 lives and brought financial ruin to many of the Scottish nobility and the country's burgh corporations. England seized the opportunity to offer a sum of money, known as the 'equivalent', to compensate those affected in return for their votes in the Scottish Parliament for an incorporating union with England.
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Source | Own work |
Author | Kim Traynor |
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current | 21:38, 20 July 2011 | 2,465 × 1,916 (743 KB) | Kim Traynor (talk | contribs) |
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