"Fortunes made speculating on the war effort" Topic
3 Posts
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27 May 2017 6:38 p.m. PST by Editor in Chief Bill
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Tango01 | 27 May 2017 1:09 p.m. PST |
"The Thorntons of Clapham were a pious, respectable lot. At Henry Thornton's house on the West Side of the Common, the Clapham Sect gathered to plan their campaigns that ended the iniquitous slave trade. But in 1815, another Thornton arrived at 84 West Side. Richard Thornton was not related to the other Thorntons, and no one could have called him pious or respectable. Richard Thornton made his money as a merchant and speculative trader in the City, mainly on the Baltic Exchange. With his elder brother, he had started in business in the early years of the 19th century, a time of great difficulty and risk for Britain and British trade. Europe was engulfed in war, with most of the continent under the control of the French under Napoleon. For years, Britain stood alone, our access to Europe closed by the Napoleonic blockade. This was particularly damaging for our trade with Russia and the Baltic, which our shipping depended on, for supplies of timber, tar and above all hemp…" Main page link
Amicalement Armand |
cosmicbank | 27 May 2017 4:11 p.m. PST |
I'm shocked, shocked to find that gambling is going on in here! Yeah no body ever made money off a war |
Tango01 | 28 May 2017 3:29 p.m. PST |
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