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File:A view of the deluge of Scotch paper currency for English gold (BM 1855,0609.1955).jpg

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Original file(2,134 × 1,484 pixels, file size: 1.22 MB, MIME type: image/jpeg)

Summary

A view of the deluge of Scotch paper currency for English gold   (Wikidata search (Cirrus search) Wikidata query (SPARQL)  Create new Wikidata item based on this file)
Title
A view of the deluge of Scotch paper currency for English gold
Description
English: A Scotsman in the air astride a broom is carrying off six large money-bags, three being inscribed "£2,000", "£10,000", and "£50,000". He scatters banknotes or bills; men on the ground, some sinking into a bog. exclaim in horror at his action. In the centre Britannia is seated, she says: "This Scotch paper diet has brought me to a consumption". In the foreground (r.) Lord North seated, his back to the other figures, writes on a paper inscribed: "Scheme for paying off the National Debt"; he says: "I will not at present promise to pay 17 Millions in ten Years". The scene is the sea-shore; three Scotsmen (l.) row out to sea in a boat loaded with money-bags, saying: "We'll over the Water to Charly". The Scotsman on the broom, who resembles caricatures of Bute, says: "The deel away wi ye all ye English Pudding-bags ken ye nae that Paper is lighter of digestion than Gold". A man sinking in a bog-hole says: "Oh I am Sunk for ever". Another, covering his face, says: "Let me hide my Face, how can I now shew my self to my Creditors". 1 August 1772
Etching
Depicted people Representation of: John Stuart, 3rd Earl of Bute
Date 1772
date QS:P571,+1772-00-00T00:00:00Z/9
Medium paper
Dimensions
Height: 118 millimetres
Width: 174 millimetres
institution QS:P195,Q6373
Current location
Prints and Drawings
Accession number
1855,0609.1955
Notes

(Description and comment from M.Dorothy George, 'Catalogue of Political and Personal Satires in the British Museum', V, 1935) >From the 'Oxford Magazine', vs.. 1.

A financial crisis in 1772, following the collapse of a speculative mania in Scotland, largely due to the Ayr Bank (see 'Letters of Hume', 1932, ii. 263-4) was precipitated by the failure of Alexander Fordyce, a Scot, and the leading partner in an important London bank, see BMSat 5016. There was a panic in the City, and the clamour against the Scots was revived. Walpole, 'Last Journals', 1920, i. 117 f. See BMSat 4947. North in his budget speech of 1 May 1772 estimated that if peace continued for ten years, the National Debt would be reduced by £17,000,000. 'Parl. Hist.', xvii. 489. See also BMSat 4969.
Source/Photographer https://www.britishmuseum.org/collection/object/P_1855-0609-1955
Permission
(Reusing this file)
© The Trustees of the British Museum, released as CC BY-NC-SA 4.0

Licensing

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Public domain

This work is in the public domain in its country of origin and other countries and areas where the copyright term is the author's life plus 100 years or fewer.


This work is in the public domain in the United States because it was published (or registered with the U.S. Copyright Office) before January 1, 1929.


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Date/TimeThumbnailDimensionsUserComment
current04:41, 15 May 2020Thumbnail for version as of 04:41, 15 May 20202,134 × 1,484 (1.22 MB)CopyfraudBritish Museum public domain uploads (Copyfraud/BM) Satirical prints in the British Museum 1772 #9,262/12,043
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