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Peter Jones: Banking crisis may have grim parallel with Darien disaster

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Published Date: 04 November 2009
AFTER all the humiliation that has been heaped on Scottish banks, could it have got any worse?
Yesterday, it did, with the once mighty, world-striding RBS, now hobbled and crippled further by huge debts to the government, ordered to dismember itself. And, inside Lloyds, the once equally proud HBOS is giving its owner near-terminal indigestio...



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  • Last Updated: 03 November 2009 8:42 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: Peter Jones
 
1

Dr. James Wilkie,

04/11/2009 07:21:29
Heaven help us if support for the SNP falters. It has brought Scotland the proverbial gust of fresh air, and the current alternatives are too abysmal even to contemplate.
2

bumpkin,

04/11/2009 08:19:03
Support for independence is not faltering, it is growing with every utterance from the unionist press and brown/ cameron.
Darien was a disaster, but who was to blame?
the english are not blameless, but the real culprits are the scotish lairds who concieved the plan, but didnt do their homework.
Another blow to scotland was the famine of 1695---1700, when 20% of the population died, and many of the stronger, better, scots emigrated to north america.
The lairds also had a hand in this famine, as their tenants had no security of tenure, and so could not improve their land with certainty that they would reap the benefit, so the land was permanently exhausted, and harvests got poorer and poorer.
Cockburn of ormiston was the first to change this, by granting leases "all time coming" from the early 1700,s. This altered the lot of the tenant farmers dramatically,but few followed his lead, preferring the 19 year lease, where improvements were stolen at the lease end and relet to the next man, which still happens today.
The Cockburn leases persisted for a long time, the last one falling in the 1970,s, when the incumbent allegedly forgot to pay the rent.
3

Linda,

Edinburgh 04/11/2009 11:08:36
This article highlights the essential difference between the aspirational SNP and the dead hand dependency culture of the Unionist parties and business leaders who are responsible for the pathetic state of the Scottish economy, social ills etc.

 

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