Record #176 (edit record; developers only)

Date: 1722


Sir Robert Walpole rises to power (made Chancellor of the Exchequer and First Lord of the Treasury); Newcastle made Second Secretary of State: "through Newcastle, the appointment to every office in church and state, no matter how small, was made conditional on loyalty to Walpole"; this is a change from the previous practice of granting appointments to the greatest "Wits" of the age.

Notes: Plumb, J. H. England in the Eighteenth Century. Baltimore: Penguin Books, 1963. Goldgar, Bertrand. Walpole and the Wits: The Relation of Politics to Literature. Lincoln, NE: U. of Nebraska Press, 1976.  



Links for Economics:

Bank of England (Bank of England's official website with brief history and other resources.)



Record Created or Last Modified By:

Shawn Mummert

Date Last Modified:



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