Database: Bank of England - Revision history

imported>Soranin at 02:01, 31 October 2022

2022-10-31T02:01:49Z

← Older revision		Revision as of 04:01, 31 October 2022
Line 1:		Line 1:
	[[File:ACS_DB_Bank_of_England.jpg\|right\|250px]]		[[File:ACS_DB_Bank_of_England.jpg\|right\|250px]]
	So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King [[William III of England\|William III]] couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named [[William Paterson]] who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.		So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King [[William III of England\|William III]] couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named {{Wiki\|William Paterson (banker)\|William Paterson}} who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.

	The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her [[Paul Whitehead\|brother]] that she visited the bank every day for the next 25 years, asking to see her brother.		The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her [[Paul Whitehead\|brother]] that she visited the bank every day for the next 25 years, asking to see her brother.

imported>VilkaTheWolf at 14:43, 11 June 2020

2020-06-11T14:43:10Z

← Older revision		Revision as of 16:43, 11 June 2020
Line 1:		Line 1:
	[[File:ACS_DB_Bank_of_England.jpg\|right\|250px]]		[[File:ACS_DB_Bank_of_England.jpg\|right\|250px]]
	So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King [[William III of England\|William III]] couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named [[~~William Paterson (banker)\|~~William Paterson]] who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.		So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King [[William III of England\|William III]] couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named [[William Paterson]] who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.

	The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her [[Paul Whitehead\|brother]] that she visited the bank every day for the next 25 years, asking to see her brother.		The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her [[Paul Whitehead\|brother]] that she visited the bank every day for the next 25 years, asking to see her brother.

imported>Lady Kyashira at 14:41, 11 June 2020

2020-06-11T14:41:18Z

← Older revision		Revision as of 16:41, 11 June 2020
Line 1:		Line 1:
	[[File:ACS_DB_Bank_of_England.jpg\|~~thumb~~]]		[[File:ACS_DB_Bank_of_England.jpg\|right\|250px]]
	So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King ~~{{Wiki\|~~William III of England\|William III}} couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named ~~{{Wiki\|~~William Paterson (banker)\|William Paterson}} who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.		So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King [[William III of England\|William III]] couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named [[William Paterson (banker)\|William Paterson]] who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.

	The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her [[Paul Whitehead\|brother]] that she visited the bank every day for the next 25 years, asking to see her brother.		The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her [[Paul Whitehead\|brother]] that she visited the bank every day for the next 25 years, asking to see her brother.

imported>VilkaTheWolf at 10:05, 11 June 2020

2020-06-11T10:05:47Z

← Older revision		Revision as of 12:05, 11 June 2020
Line 2:		Line 2:
	So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King {{Wiki\|William III of England\|William III}} couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named {{Wiki\|William Paterson (banker)\|William Paterson}} who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.		So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King {{Wiki\|William III of England\|William III}} couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named {{Wiki\|William Paterson (banker)\|William Paterson}} who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.

	The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her brother that she visited the bank every day for the next 25 years, asking to see her brother.		The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her [[Paul Whitehead\|brother]] that she visited the bank every day for the next 25 years, asking to see her brother.
	{{DEFAULTSORT:Bank of England}}		{{DEFAULTSORT:Bank of England}}
	[[Category:Database: Locations]]		[[Category:Database: Locations]]
	[[Category:Helix database entries]]		[[Category:Helix database entries]]

imported>VilkaTheWolf at 10:02, 11 June 2020

2020-06-11T10:02:16Z

← Older revision		Revision as of 12:02, 11 June 2020
Line 2:		Line 2:
	So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King {{Wiki\|William III of England\|William III}} couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named {{Wiki\|William Paterson (banker)\|William Paterson}} who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.		So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King {{Wiki\|William III of England\|William III}} couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named {{Wiki\|William Paterson (banker)\|William Paterson}} who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.

	The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named ~~{{Wiki\|~~Sarah Whitehead}}. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her brother that she visited the bank every day for the next 25 years, asking to see her brother.		The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her brother that she visited the bank every day for the next 25 years, asking to see her brother.
	{{DEFAULTSORT:Bank of England}}		{{DEFAULTSORT:Bank of England}}
	[[Category:Database: Locations]]		[[Category:Database: Locations]]
	[[Category:Helix database entries]]		[[Category:Helix database entries]]

imported>Lady Kyashira at 08:28, 23 November 2018

2018-11-23T08:28:38Z

← Older revision		Revision as of 10:28, 23 November 2018
Line 1:		Line 1:
	[[File:ACS_DB_Bank_of_England.jpg\|thumb]]		[[File:ACS_DB_Bank_of_England.jpg\|thumb]]
	So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the Nine Years' War. It was an expensive war for [[~~United Kingdom\|~~England]], and after suffering a significant naval defeat at the Battle of Beachy Head, King William III couldn't afford to rebuild their navy. Then came a Scottish merchant named William Paterson who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.		So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King {{Wiki\|William III of England\|William III}} couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named {{Wiki\|William Paterson (banker)\|William Paterson}} who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.

	The Bank of England was originally based in Mercer's Chapel, but was given its own home on Threadneedle Street in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named Sarah Whitehead. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her brother that she visited the bank every day for the next 25 years, asking to see her brother.		The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named {{Wiki\|Sarah Whitehead}}. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her brother that she visited the bank every day for the next 25 years, asking to see her brother.
	{{DEFAULTSORT:Bank of England}}		{{DEFAULTSORT:Bank of England}}
	[[Category:Database: Locations]]		[[Category:Database: Locations]]
	[[Category:Helix database entries]]		[[Category:Helix database entries]]

imported>Amnestyyy at 23:04, 1 November 2015

2015-11-01T23:04:57Z

← Older revision		Revision as of 01:04, 2 November 2015
Line 1:		Line 1:
			[[File:ACS_DB_Bank_of_England.jpg\|thumb]]
	So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the Nine Years' War. It was an expensive war for [[United Kingdom\|England]], and after suffering a significant naval defeat at the Battle of Beachy Head, King William III couldn't afford to rebuild their navy. Then came a Scottish merchant named William Paterson who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.		So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the Nine Years' War. It was an expensive war for [[United Kingdom\|England]], and after suffering a significant naval defeat at the Battle of Beachy Head, King William III couldn't afford to rebuild their navy. Then came a Scottish merchant named William Paterson who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.

imported>Amnestyyy: Created page with "So, the end of the seventeenth century saw the nations of Europe pitted against one another in the Nine Years' War. It was an expensive war for England,..."

2015-10-30T22:22:14Z

Created page with "So, the end of the seventeenth century saw the nations of Europe pitted against one another in the Nine Years' War. It was an expensive war for England,..."

Páàjì titun

So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the Nine Years' War. It was an expensive war for [[United Kingdom|England]], and after suffering a significant naval defeat at the Battle of Beachy Head, King William III couldn't afford to rebuild their navy. Then came a Scottish merchant named William Paterson who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.

The Bank of England was originally based in Mercer's Chapel, but was given its own home on Threadneedle Street in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named Sarah Whitehead. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her brother that she visited the bank every day for the next 25 years, asking to see her brother.
{{DEFAULTSORT:Bank of England}}
[[Category:Database: Locations]]
[[Category:Helix database entries]]

← Older revision		Revision as of 04:01, 31 October 2022
Line 1:		Line 1:
	[[File:ACS_DB_Bank_of_England.jpg\|right\|250px]]		[[File:ACS_DB_Bank_of_England.jpg\|right\|250px]]
	So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King [[William III of England\|William III]] couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named [[William Paterson]] who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.		So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King [[William III of England\|William III]] couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named {{Wiki\|William Paterson (banker)\|William Paterson}} who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.

	The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her [[Paul Whitehead\|brother]] that she visited the bank every day for the next 25 years, asking to see her brother.		The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her [[Paul Whitehead\|brother]] that she visited the bank every day for the next 25 years, asking to see her brother.

← Older revision		Revision as of 16:43, 11 June 2020
Line 1:		Line 1:
	[[File:ACS_DB_Bank_of_England.jpg\|right\|250px]]		[[File:ACS_DB_Bank_of_England.jpg\|right\|250px]]
	So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King [[William III of England\|William III]] couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named [[~~William Paterson (banker)\|~~William Paterson]] who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.		So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King [[William III of England\|William III]] couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named [[William Paterson]] who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.

	The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her [[Paul Whitehead\|brother]] that she visited the bank every day for the next 25 years, asking to see her brother.		The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her [[Paul Whitehead\|brother]] that she visited the bank every day for the next 25 years, asking to see her brother.

← Older revision		Revision as of 16:41, 11 June 2020
Line 1:		Line 1:
	[[File:ACS_DB_Bank_of_England.jpg\|~~thumb~~]]		[[File:ACS_DB_Bank_of_England.jpg\|right\|250px]]
	So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King ~~{{Wiki\|~~William III of England\|William III}} couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named ~~{{Wiki\|~~William Paterson (banker)\|William Paterson}} who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.		So, the end of the seventeenth century saw the nations of [[Europe]] pitted against one another in the {{Wiki\|Nine Years' War}}. It was an expensive war for [[England]], and after suffering a significant naval defeat at the {{Wiki\|Battle of Beachy Head (1690)\|Battle of Beachy Head}}, King [[William III of England\|William III]] couldn't afford to rebuild their navy. Then came a [[Scotland\|Scottish]] merchant named [[William Paterson (banker)\|William Paterson]] who, with a handful of his colleagues, raised £1.2 million pounds from rich and poor alike in 11 days to finance the government - this was the [[Bank of England]], and those who donated were its first shareholders. The Bank proved to be the most financially sound investment one could make - if an early shareholder continually reinvested their dividends from an initial £100 investment, their shares would be worth over £40 million by the time the bank became nationalized in 1945. Of course, £100 in 1694 was the equivalent of roughly $15 thousand today, so good luck finding that behind the sofa.

	The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her [[Paul Whitehead\|brother]] that she visited the bank every day for the next 25 years, asking to see her brother.		The Bank of England was originally based in Mercer's Chapel, but was given its own home on {{Wiki\|Threadneedle Street}} in the 1730s. The bank's nickname, "The Old Lady of Threadneedle Street," comes from a notable patron named [[Sarah Whitehead]]. The sister of a former employee who was found guilty of forgery and executed in 1811, Sarah was so traumatized by the death of her [[Paul Whitehead\|brother]] that she visited the bank every day for the next 25 years, asking to see her brother.