Bible Encyclopedias
Paterson, William

The Nuttall Encyclopedia

A famous financier, born in Tinwald parish, Dumfriesshire; originated the Bank of England, projected the ill-fated Darien scheme, and lost all in the venture, though he recovered compensation afterwards, an indemnity for his losses of £18,000; he was a long-headed Scot, skilful in finance and in matters of trade (1658-1719).

Bibliography Information
Wood, James, ed. Entry for 'Paterson, William'. The Nuttall Encyclopedia. https://www.studylight.org/​encyclopedias/​eng/​nut/​p/paterson-william.html. Frederick Warne & Co Ltd. London. 1900.