Thursday, January 20, 2011

Songs of Market Crashes

During January's Fiddle Club meeting, we discussed song tunes of the 18th century. I'll be posting lyrics soon, but one song, For Our Lang Biding Here, was about the South Sea Bubble, which destroyed much of the wealth of Great Britain in 1720. But as crippling as this was for England, it was a knock-out punch for Scotland, whose economy had already been decimated by the Darien Scheme, which frittered away a quarter of the liquid wealth of a struggling Scotland in 1700.

The following is from a wonderful BBC Documentary, A History of Scotland, hosted by Neil Oliver; from Season 2, Episode 2, "Let's Pretend", about the Jacobite Rebellion period from 1688 through 1745.

Someone has uploaded the entire series onto YouTube - but it's definitely worth buying! The discussion of the Company of Scotland, starts at 6:55.



And continues in this portion, to 1:46 - and then leading into a discussion of how the weakened Scotland was pushed into the Treaty of Union.



And the rest of the episode:







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