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Updated: June 21, 2025
The prince of Wales was constituted governor of the Welsh copper company; the duke of Chandos appeared at the head of the York-buildings company; the duke of Bridgewater formed a third, for building houses in London and Westminster. About an hundred such schemes were projected and put in execution, to the ruin of many thousands.
This happened on many occasions. Indeed, it was not till after the total destruction of the clan influence, after 1745, that purchasers could be found who offered a fair price for the estates forfeited in 1715, which were then brought to sale by the creditors of the York-Buildings Company, who had purchased the whole, or greater part, from Government at a very small price.
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