Ephraim Herrick
Parents
Ephraim Herrick
Ephraim Herrick
1638 - 1693
Mary Cross
Mary Cross
1640
Spouse
Children

1694


Age: 29y
1694 • The Bank of England is founded through Royal charter by the Whig-dominated Parliament of England following a proposal by the Scottish merchant William Paterson to raise capital by offering safe and steady returns of interest guaranteed by future taxes. A total of £1.2 million is raised for the war effort against Louis XIV by the end of the year to establish the first-ever government debt.

1699


Dec 11
Age: 35y

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