barryqwalsh
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- Sep 30, 2014
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William Paterson attracted the investment of around a third of Scotland’s capital in the scheme
It was 330 years ago today that five ships set sail from the port of Leith heading for the Isthmus of Panama and the mouth of the River Darien.
The most painful attempt – indeed the only notable one – at foreign settlement in the history of Scotland got under way on July 14, 1698, and the Darien Scheme remains the nadir of Scottish arrogance and incompetence to this day.
The Darien Scheme: 330 years since the farce that shaped Scotland
