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This file is devoted to presenting basic Timeline information for website readers. The items are often sketchy, and some have been extracted from other websites manages by Dan Byrnes. These Timelines will be added to intermittently, as new e-mail arrives. Book titles will be entered according to the timeframes they treat. Updated 7 August 2008
To go to the next file in this Merchant Networks Timelines series of six files, Click here
Re 1720++ Robert Brenner, Merchants
and
Revolution: Commercial Change, Political Conflict, and London's
Overseas Traders, 1550-1653. Cambridge, Cambridge University
Press, 1993.
Brenner, I take it, demonstrated that there was
greater genealogical coherence in trading history, and in merchant
biographies, than had been previously thought. Which is to say, that
families engaged in England's international trade tended to stay
together in trade (and often in clusterings of trade, such as the
Levant Company, or East or West India trade) where possible, whether
or not their members entered politics, or married into the
aristocracy. This was due to many factors, including class
consciousness, the maintenance of family fortunes, commercial and
family tendencies in favour of the employment of nephews, and also to
the ability of such families to place money in secure investments.
This was more so after the disaster of the South Sea Bubble
(1720-1723) produced an investment house which could give secure
returns to annuities, while the East India Company also provided
useful investment returns to the affluent. These tendencies can also
be noticed in some London-based families engaged in aspects of the
trans-Atlantic slave trade.
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