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Paterson was living in London when he died in 1719. He was buried in the graveyard at Sweetheart Abbey, and a plaque commemorating him was unveiled there in 1974. Biography of the founder of the Bank of England, and Darien, Sir William Paterson on Undiscovered Scotland.
He died at the home of his daughter in Albany where he was first buried in the family vault at the Van Rensselaer Manor House, but was later reinterred in the family lot at Menands when the home was demolished.
He spent the last years of his life in Westminster, and died in January 1719. A mystery still surrounds the burial site of Paterson. Many (including officials at the Bank of England), believe he is buried in Sweetheart Abbey, New Abbey, Dumfries and Galloway.
- Darien Scheme
- Founder of The Bank of England
- Further Information About Sir William Paterson
Given the economic hold on profitable trade routes across the Atlantic by the English, to the legal exclusion of the Scots, William Paterson set about trying to find ways to gain back trade to Scotland, with or without the blessing of the Westminster Parliament. The project became known as the Darien Scheme, with William Paterson convinced that Sco...
As King William and Queen Mary came to the throne in 1688, national finances were weak and in much disarray. Looking towards the Dutch, and their system of credit based finance, many considered this to be the only way forward. However, it was William Paterson who tabled the accepted scheme based upon public investment. William Paterson proposed a l...
http://www.nndb.com/people/625/000096337/ Darien Venture – BBC The Darien Scheme 1698 – BBC video Electric Scotland– William Paterson A history of William Paterson and the Darien company
William Paterson was married twice; first to Elizabeth Turner, the widow of a minister in New England, and second to Hannah Kemp, the widow of Samuel South. Elizabeth Turner died in New England, whilst Hannah Kemp died with their child in Darien.
Mar 25, 2017 · The three took the Abjuration Oath but Paterson refused, upon which decision the soldiers carried him away to Strathaven Castle where in the afternoon of the same day, he was shot by Captain Bell. They are both buried together in Strathaven Kirkyard.
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He was laid to rest in the Van Renssalaer family vault. When the city acquired the property, Paterson's remains were relocated to Albany Rural Cemetery Menands in Albany County, New York. Also buried there are Associate Justice Rufus W. Peckham and President Chester A. Arthur. [17] [18]
