The Darien Chest is associated with the disastrous venture to colonise Darien in Panama in 1698.This chest was used to store money and documents associated with the Company of Scotland, a trading company set up in 1695 with the power to establish colonies. It is now remembered for the disastrous venture to colonise Darien in Panama in 1698. This failure cost 2,000 lives and lost Scotland a quarter of its liquid Capital, forcing the Bank of Scotland to suspend payment to its creditors a Scottish banking crisis dwarfing that of recent times! Some historians believe it led many Scots to support the Act of Union and in 1707.
The Darien Chest
Contributed by National Museums Scotland
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- H:
- 55cm
- W:
- 117cm
- D:
- 62cm
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