Talk:British credit crisis of 1772–1773

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This article may be confusing or unclear to readers[edit]

Cordless Larry, please would you remove this template? I knew next to nothing about this particular crises - read the article - and found it to be very informative and not at all confusing. I did, however, remove a ludicrous "citation needed" which has been there for many years. The entire final paragraph explains the situation well. I simply added the same reference again, at the end (having first read the link to the source, naturally)! Anne (talk) 16:09, 17 March 2022 (UTC)[reply]

I see that the template was added by Mr. Guye, so it would be useful to get their explanation of the issue. Cordless Larry (talk) 08:04, 18 March 2022 (UTC)[reply]

Cordless Larry, is a week long enough to wait for further comments? Could the template be removed? Anne (talk) 08:46, 25 March 2022 (UTC)[reply]

Yes, I think you're within your rights to remove it, Arbil44. Cordless Larry (talk) 13:39, 25 March 2022 (UTC)[reply]

1772[edit]

Why is the year 1773 not mentioned in the title? There are enough indications that the crisis stretched out in that year.Taksen (talk) 06:00, 11 April 2022 (UTC)[reply]

Yes, good point. Born out in "Further Reading", certainly. Why don't you go ahead and make the change? In fact, it should really read: "British Credit Crisis 1772-1773". Anne (talk) 08:24, 11 April 2022 (UTC)[reply]

I would leave out British, as it was also a crisis in the Dutch Republic, Suriname, Jamaica, the Danish West Indies and Thirteen American Colonies. Mortgages on plantations are a difficult topic. I am not sure where the crisis started. In 1773 both the bank Pels & Zoonen and Clifford bank became insolvent, because of price overshooting on the Amsterdam and London stockmarket. Taksen (talk) 10:43, 11 April 2022 (UTC) The credit crisis of 1772-1773 is perhaps the least known financial crisis of the eighteenth century. Taksen (talk) 10:50, 11 April 2022 (UTC)[reply]

The crisis began in Britain, and any change should reflect sources. Both of these do. Kosmetatos, Paul (2018) Last resort lending before Henry Thornton? The Bank of England’s role in containing the 1763 and 1772–1773 British credit crises, European Review of Economic History.

Sheridan, Richard B. “The British Credit Crisis of 1772 and The American Colonies.” The Journal of Economic History, vol. 20, no. 2, 1960, pp. 161–86, http://www.jstor.org/stable/2114853. Accessed 9 Apr. 2022.

I agree it may not be well known, but it surely led to the American Revolution, so is significant.

Anne (talk) 10:54, 11 April 2022 (UTC)[reply]

In 1772 the Spanish government reformed its coinage; Charles III of Spain decreased the Piece of Eight and the golden escudo standard was lowered from 917 to 900.

Taksen, I would support a name-change to "British credit crisis 1772-1773", which is where it began and how it is still known. However, if you have a different name in mind, I suggest you bring in more editors. Anne (talk) 13:06, 11 April 2022 (UTC)[reply]

Taksen, I don't doubt your edit is correct, but please will you source it? Anne (talk) 14:27, 11 April 2022 (UTC)[reply]

Cordless Larry, the name of this article has been changed, by adding "- 1773", which I totally support. However, I believe it should be changed to "British credit crisis of 1772-1773", for the simple reason that the first domino fell in London, because of the East India Company's actions. It later spread to Europe, as is often the case. In 2018 Paul Kosmetatos wrote about it by the name I suggest. Anyone searching for an article is likely to use the word "British" in their search criteria. I have no idea what the rules are regarding an editor changing the name of an article of their own volition. I don't personally know how to do it anyway. Anne (talk) 15:47, 11 April 2022 (UTC)[reply]

See Help:How to move a page, Anne. Cordless Larry (talk) 15:56, 11 April 2022 (UTC)[reply]

Done. Not too painful! Anne (talk) 16:04, 11 April 2022 (UTC)[reply]