Watt, Douglas
September 2005
Journal of Scottish Historical Studies;Sep2005, Vol. 25 Issue 2, p97
Academic Journal
The article describes how the Company of Scotland managed its capital between 1969 and 1707. The act of Parliament in 1695 established the company. The company's cash books kept in the National Library of Scotland revealed its financial history. First, there was a steep rise in cash during the first call on capital. A decline in cash balances between 1696 and 1697 was also recorded. And third, there was a moderate recovery from the second half of 1697 and a final collapse between late June and early July 1701.


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