The History of Leith

April 28, 2007

The Darien Scheme (1698 – 1700)

The Darien scheme began in 1695 when the Scottish Parliament passed an Act for the establishment of a ‘Company of Scotland Trading to Africa and the Indies’. It was founded so that Scottish merchants could find an outlet for their goods and became known as the ‘African’ or ‘Indian Company’ before becoming the ‘Darien Company’. Although this was a Scottish enterprise much of the money, people and effort was London based and it was always known as the ‘Scottish East India Company’ in England. for more click here

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