events
Alexander Fordyce flees to France to avoid debt repayment, triggering the credit crisis of 1772 in the British Empire and the Dutch Republic.
Related Wikipedia articles
Alexander Fordyce
Scottish banker (1729–1789)
Alexander Fordyce was a Scottish banker, centrally involved in the bank run on Neale, James, Fordyce and Down which led to the credit crisis of 1772. He fled abroad and was declared bankrupt, but in time he used the profits from other investments to cover the losses.Source: Wikipedia (CC BY-SA)
Kingdom of France
Country in Western Europe (843–1792; 1815–1848)
The Kingdom of France is the historiographical name or umbrella term given to various political entities of France in the medieval and early modern period. It was one of the most powerful states in Europe from the High Middle Ages to 1848 during its dissolution. It was also an…Source: Wikipedia (CC BY-SA)
British credit crisis of 1772–1773
Banking crisis
The British credit crisis of 1772–1773, also known as the crisis of 1772, or the panic of 1772, was a peacetime financial crisis which originated in London and then spread to Scotland and the Dutch Republic. It has been described as the first modern banking crisis faced by the…Source: Wikipedia (CC BY-SA)
British Empire
Territory ruled by the United Kingdom
The British Empire comprised the dominions, colonies, protectorates, mandates, and other territories ruled or administered by the United Kingdom and its predecessor states. It began with the overseas possessions and trading posts established by England in the late 16th and early…Source: Wikipedia (CC BY-SA)
Dutch Republic
Predecessor state of the Netherlands (1581–1795)
The Republic of the Seven United Netherlands (Dutch: Republiek der Zeven Verenigde Nederlanden), also known as the United Provinces (of the Netherlands), and referred to in historiography as the Dutch Republic, was a confederation that existed from 1588 until the Batavian…Source: Wikipedia (CC BY-SA)
June 8
Day of the year
June 8 is the 159th day of the year in the Gregorian calendar; 206 days remain until the end of the year.Source: Wikipedia (CC BY-SA)