“We can govern ourselves better than anyone else”

Thus Alex Salmond’s closing statement.

Well, perhaps. Let’s … well, yes, let’s hope so.

The precedent is none too promising, however.

For all the corruption that went with the closing down of “independent” Scotland in 1707, a couple of crucial facts remain.

Thirty guid poonds Scots exchanged for just one pound sterling.

The “Crown in Scotland” (i.e. the Scottish national debt) needed the English Exchequer to cough £398,085 and 10 shillings to clear the accounts. That’s covered by section XXV of the Act of Union.

That was for a total Scottish population of fewer than one million people, and at a time when eighteen [English] pence a day (that’s less than 5p) was the top daily wage for a labouring man.

Advertisements

Leave a comment

Filed under Salmond, Scotland

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s