1. AN ANATOMY OF THE SUTHERLAND FORTUNE: INCOME, CONSUMPTION, INVESTMENTS AND RETURNS, 1780&mdash1880.
- Author
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Richards, Eric
- Subjects
BUSINESS ,INVESTMENTS ,INCOME ,WEALTH ,ECONOMIC history - Abstract
The article focuses on the business history of Sutherland family. The wealth of the Sutherland family was exercised in influential ways in nineteenth century Great Britain. It had a crucial effect on changes in transport technology in Lancashire; by this wealth was accumulated one of the finest private collections of fine art in Europe; it was employed with traumatic and transforming consequences in the Scottish Highlands; it sustained at least five major aristocratic houses including one which rivalled the royal establishment, itself; it was capital, which helped to improve agriculture on two leading Midland estates to a high peak of efficiency; it maintained a level of sheer consumption, which employed large numbers of servants and providers; it was wealth which flowed, often eccentrically, into unusual parts of the British economy, and to the rest of the world; and it subsidized the lives of a large circle of relatives in the Sutherland family. The purpose of the paper is to establish more clearly than before and for a longer period, some of the dimensions and origins of the great wealth of the Sutherland family. It seeks also to explore some of returns yielded by its investments.
- Published
- 1979
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