May 8, Two hundred years ago year there died in Venice, poor Jand forgotten, a financial genius named John Law who was Jof the most remarkable xentlemen adventurers Great Britain ever produced, He was born in Edinburgh, the son of a gold-and money Iende: with financial of parliament gave its sanction to the "Darien scheme" which waz no less than the construction of canal through the Isthmus of Panama, This was born in the brain of William Paterson who commenced life as a packman, lor itinerant vendor of mer= travelling, with his is buck, through Oni Scotland, He found way to the Bahamas where he lived, as his biographer save, as a preacher or buceancer"—8 he combined the two are not altogether scheme of uniting the two greatest oceans, Md by a narrow wat The scheme was launche Prospect of success, £100,000 sax subscribed in Seotave £300,009
£200,000. But the opposed the mand the Jand Dutch subscript Jowing to the oppos:
the America and the broke In the interim 300 fresh recruits had sailed from Scotland, force of 1500 men ships to assert her n But the fort Spanish squadron short, 30 the garrison surrendered' on honourable terms and not more than thirty of the adventurers, returned to the lan been ruined by the failure of their dazzling scheme. Paterson lived to see King William champion, too late, the scheme he had crushed, He was awarded £18, 241 as indemnity lose: in Panama and left a monument in the Hampstead Water Com-Jpany and the Bank of England; Leth of which he founded.
Text read from the printed page and cleaned; old type leaves the occasional error.