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Jean Law
John Law (pronounced in French in the traditional approximation of ''Laws'', the colloquial Scottish form of the name; 21 April 1671 – 21 March 1729) was a Scottish-French economist and financier. He rose to power in France where he created a novel financial scheme for French public finances known as Law's System () with two institutions at its core, John Law's Bank and John Law's Company (also known as the Mississippi company), ending in the devastating boom and bust "Mississippi Bubble" of 1720. Born in Scotland, Law was an accomplished gambler with an interest in the rules of probability. After killing a man in a duel and being sentenced to death, he fled to mainland Europe. He read economics and made the acquaintance of Philippe II, Duke of Orléans, who became regent for the juvenile Louis XV of France in 1715. In 1716 Philippe approved Law's plan to create a private bank which would take gold deposits in return for bank notes, loaning out the gold. It was structured as a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edinburgh
Edinburgh is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. The city is located in southeast Scotland and is bounded to the north by the Firth of Forth and to the south by the Pentland Hills. Edinburgh had a population of in , making it the List of towns and cities in Scotland by population, second-most populous city in Scotland and the List of cities in the United Kingdom, seventh-most populous in the United Kingdom. The Functional urban area, wider metropolitan area had a population of 912,490 in the same year. Recognised as the capital of Scotland since at least the 15th century, Edinburgh is the seat of the Scottish Government, the Scottish Parliament, the Courts of Scotland, highest courts in Scotland, and the Palace of Holyroodhouse, the official residence of the Monarchy of the United Kingdom, British monarch in Scotland. It is also the annual venue of the General Assembly of the Church of Scotland. The city has long been a cent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lauriston Castle
Lauriston Castle is a 16th-century tower house with 19th-century extensions overlooking the Firth of Forth, in Edinburgh, Scotland. It lies on Cramond Road South, between Cramond, Davidson's Mains, and Silverknowes. The substantial grounds, Lauriston Castle Gardens, operate as a local park. The castle was bequeathed to the Edinburgh Corporation (post 1975 known as Edinburgh City Council) and hosts the Lord Provost of Edinburgh, Lord Provost's annual Garden Party. The house is a Category A listed building and the grounds are included in the Inventory of Gardens and Designed Landscapes in Scotland. History A Lauriston Castle which stood on the site in medieval times was almost totally destroyed in the Burning of Edinburgh, raids on Edinburgh in 1544 by the Edward Seymour, 1st Duke of Somerset, Earl of Hertford's troops. A tower house was rebuilt around 1590 by Sir Archibald Napier (landowner), Archibald Napier of Merchiston, father of the mathematician John Napier, for his firs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit (finance)
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. The resources provided by the first party can be either property, fulfillment of promises, or performances. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French cré ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Many central banks also have supervisory or regulatory powers to ensure the stability of commercial banks in their jurisdiction, to prevent bank runs, and, in some cases, to enforce policies on financial consumer protection, and against bank fraud, money laundering, or terrorism financing. Central banks play a crucial role in macroeconomic forecasting, which is essential for guiding monetary policy decisions, especially during times of economic turbulence. Central banks in most developed nations are usually set up to be institutionally independent from political interference, even though governments typically have governance rights over them, legislative bodies exercise scrutiny, and central banks frequently do show resp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amsterdam
Amsterdam ( , ; ; ) is the capital of the Netherlands, capital and Municipalities of the Netherlands, largest city of the Kingdom of the Netherlands. It has a population of 933,680 in June 2024 within the city proper, 1,457,018 in the City Region of Amsterdam, urban area and 2,480,394 in the Amsterdam metropolitan area, metropolitan area. Located in the Provinces of the Netherlands, Dutch province of North Holland, Amsterdam is colloquially referred to as the "Venice of the North", for its canals of Amsterdam, large number of canals, now a World Heritage Site, UNESCO World Heritage Site. Amsterdam was founded at the mouth of the Amstel River, which was dammed to control flooding. Originally a small fishing village in the 12th century, Amsterdam became a major world port during the Dutch Golden Age of the 17th century, when the Netherlands was an economic powerhouse. Amsterdam was the leading centre for finance and trade, as well as a hub of secular art production. In the 19th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manslaughter
Manslaughter is a common law legal term for homicide considered by law as less culpable than murder. The distinction between murder and manslaughter is sometimes said to have first been made by the ancient Athenian lawmaker Draco in the 7th century BC. The definition of manslaughter differs among legal jurisdictions. Types Voluntary For voluntary manslaughter, the offender had intent to kill or seriously harm, but acted "in the moment" under circumstances that could cause a reasonable person to become emotionally or mentally disturbed. There are mitigating circumstances that reduce culpability, such as when the defendant kills only with an intent to cause serious bodily harm. Voluntary manslaughter in some jurisdictions is a lesser included offense of murder. The traditional mitigating factor was provocation; however, others have been added in various jurisdictions. The most common type of voluntary manslaughter occurs when a defendant is provoked to commit homicide. This ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newgate Prison
Newgate Prison was a prison at the corner of Newgate Street and Old Bailey, just inside the City of London, England, originally at the site of Newgate, a gate in the Roman London Wall. Built in the 12th century and demolished in 1904, the prison was extended and rebuilt many times, and remained in use for over 700 years, from 1188 to 1902. In the late 18th century, executions by hanging were moved here from the Tyburn gallows. These took place on the public street in front of the prison, drawing crowds until 1868, when they were moved into the prison. For much of its history, a succession of criminal courtrooms were attached to the prison, commonly referred to as the "Old Bailey". The present Old Bailey (officially, Central Criminal Court) now occupies much of the site of the prison. History In the 12th century, Henry II instituted legal reforms that gave the Crown more control over the administration of justice. As part of his Assize of Clarendon of 1166, he required th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salathiel Lovell
Sir Salathiel Lovell (1631/2–1713) was an English judge, Recorder of London, an ancient and bencher of Gray's Inn, and a Baron of the Exchequer. Origins and education Lovell was the son of Benjamin Lovell, rector of Lapworth, Warwickshire, and brother of Robert Lovell, and was born in 1631 or 1632. Aside from his religious calling, his father was a parliamentarian in the English Civil War, serving for a time under Colonel William Purefoy, one of the regicides of King Charles I of England. Salathiel Lovell was accepted into Gray's Inn to read for the Bar in 1648. He worked as a clerk in Buckinghamshire, and as one of the parish trustees of parish lands in Lapworth, before being called to the bar in November 1656. Career He had moved to Northampton by 1661, as evidenced by baptism records for a son, also called Salathiel; was active in the factional politics of the town, and was relied upon as a legal authority, becoming the deputy Recorder of the town. He was active, too, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Old Bailey
The Central Criminal Court of England and Wales, commonly referred to as the Old Bailey after the street on which it stands, is a criminal court building in central London, one of several that house the Crown Court of England and Wales. The street outside follows the route of London Wall, the ancient wall around the City of London, which was part of the fortification's Bailey (castle), bailey, hence the metonymic name. The court has been housed in a succession of buildings on the street since the sixteenth century, when it was attached to the medieval Newgate Prison. The current main building block was completed in 1902, designed by Edward William Mountford; its monumental architecture is recognised and protected as a Grade II* listed building. An extension, South Block, was constructed in 1972, over the former site of Newgate Prison which had been demolished in 1904. The Crown Court sitting in the Old Bailey hears major English criminal law, criminal cases from within Greate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elizabeth Villiers
Elizabeth Hamilton, Countess of Orkney (''née'' Villiers; 165719 April 1733) was an English courtier from the Villiers family and the reputed mistress of William III, King of England and Scotland, from 1680 until 1695. She was a lady-in-waiting to his wife and co-monarch, Queen Mary II of England. Life Elizabeth Villiers was born to Colonel Sir Edward Villiers of Richmond, Surrey, and Lady Frances Howard, herself the youngest daughter of Theophilus Howard, 2nd Earl of Suffolk, and Lady Elizabeth Home. In 1660, Charles II's brother James (the future James II) married the commoner Anne Hyde, who was already pregnant at the time. Elizabeth's mother, Lady Villiers, was awarded the position of governess to James and Anne's children. Although Anne had four daughters and four sons, only Mary (the future Mary II) born in 1662 and Anne, born in 1665, survived to adulthood. Lady Villiers used her position to secure for her children both place and influence in the future Queen Mar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomsbury Square
Bloomsbury Square is a garden square in Bloomsbury, in the London Borough of Camden, London. Developed in the late 17th century, it was initially known as Southampton Square and was one of the earliest London squares. By the early 19th century, Bedford House along the north of the square had been demolished and replaced with terraced housing designed by James Burton. Geography To the north of the square is Great Russell Street and Bedford Place, leading to Russell Square. To the south is Bloomsbury Way. To the west is the British Museum and Holborn is the nearest underground station to the southeast. There are gardens in the centre of the square. History The square was developed for the 4th Earl of Southampton in the early 1660s and was initially known as Southampton Square. It was one of the earliest London squares. The Earl's own house, then known as Southampton House and later as Bedford House after the square and the rest of the Bloomsbury Estate passed by marriag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duel
A duel is an arranged engagement in combat between two people with matched weapons. During the 17th and 18th centuries (and earlier), duels were mostly single combats fought with swords (the rapier and later the small sword), but beginning in the late 18th century in England, duels were more commonly fought using pistols. Fencing and shooting continued to coexist throughout the 19th century. The duel was based on a code of honor. Duels were fought not to kill the opponent but to gain "satisfaction", that is, to restore one's honor by demonstrating a willingness to risk one's life for it. As such, the tradition of dueling was reserved for the male members of nobility; however, in the modern era, it extended to those of the upper classes. On occasion, duels with swords or pistols were fought between women. Legislation against dueling dates back to the medieval period. The Fourth Council of the Lateran (1215) outlawed duels and civil legislation in the Holy Roman Empire agains ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
