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AN ANATOMY OF THE SUTHERLAND FORTUNE: INCOME, CONSUMPTION, INVESTMENTS AND RETURNS, 1780&mdash1880.

Authors :
Richards, Eric
Source :
Business History; Jan1979, Vol. 21 Issue 1, p45, 34p, 6 Charts
Publication Year :
1979

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.

Details

Language :
English
ISSN :
00076791
Volume :
21
Issue :
1
Database :
Complementary Index
Journal :
Business History
Publication Type :
Academic Journal
Accession number :
5953649
Full Text :
https://doi.org/10.1080/00076797900000003