Historical timeline: 1692 - 1750

Date

Coutts event

World event 

1692

John Campbell, a Scottish goldsmith banker, sets up his business on the Strand at the sign of the ‘Three Crowns’

The Salem witch trials begin in New England
1694

 

The Bank of England is founded
1695

 

The Bank of Scotland is founded
1701

James II dies in exile in Saint-Germain in France

Captain Kidd is hanged for piracy

1702

George Middleton, a 19 year old goldsmith from Aberdeen, joins the business

Accession of Queen Anne 
1704

John Campbell is commissioned to make collars for the Order of the Thistle

1707   The Act of Union unites England and Scotland
1708

George Middleton is made a partner

1712

John Campbell dies and is buried in Covent Garden

1714 Accession of George I
1716

The Bank makes a set of silver dressing plate for the Prince of Wales 

Parliament’s term is extended to 7 years
1718  

The machine gun is invented by the English inventor, James Puckle

The pirate Blackbeard is killed in battle

1719

The Bank moves to the north side of the Strand 

1720

Due to the English and French financial crises, the Bank temporarily closes. Middleton continued to work from the shop to redeem his honour and collect any debts due to him

The South Sea and Mississippi Bubbles burst in England and France, causing financial crises
1721 Robert Walpole becomes Britain’s first Prime Minister
1723

The Bank resumes lending 

1727

John Campbell’s son, George, becomes a partner

Accession of George II
1730

John Coutts, a Scottish merchant, marries Jean Stuart, the sister of Sir John Stuart of Allanbank

1733

James Coutts is born

1735

Thomas Coutts is born

1739

The Bank moves to 59 Strand where it is to stay for the next 165 years 

The highwayman Dick Turpin is hanged at Tyburn in London
1744

George Middleton’s nephew, David Bruce, becomes a partner

1745   The Jacobite rebellion is suppressed by British forces at the Battle of Culloden
1747

George Middleton dies at Bath

1750   The first Westminster Bridge is built

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