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The British Financial Revolution and the Empire of Credit in St Kitts and Nevis, 1706-21

Graham, AB; (2018) The British Financial Revolution and the Empire of Credit in St Kitts and Nevis, 1706-21. Historical Research , 91 (254) pp. 685-704. 10.1111/1468-2281.12244. Green open access

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Abstract

The British ‘financial revolution’ was a colonial as well as metropolitan phenomenon. Yet the structures used by colonists to participate have rarely been studied as anything more than a subset of commercial developments. A close examination of the islands of St Kitts and Nevis, who received almost £100,000 in government debentures between 1706 and 1721, confirms that they used the same types of networks as their counterparts in Britain and Ireland to overcome the problems of distance and to manage their investment. In functional terms the new ‘empire of credit’ was therefore merely an extension of the British financial revolution.

Type: Article
Title: The British Financial Revolution and the Empire of Credit in St Kitts and Nevis, 1706-21
Open access status: An open access version is available from UCL Discovery
DOI: 10.1111/1468-2281.12244
Publisher version: https://doi.org/10.1111/1468-2281.12244
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of History
URI: https://discovery.ucl.ac.uk/id/eprint/10041037
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