The Darien scheme or the Darien venture was an unsuccessful attempt, backed largely by investors of the Kingdom of Scotland, to gain wealth and influence by establishing New Caledonia or Britain-in-Pa
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.
The Bay of Caledonia, west of the Gulf of Darién. New Edinburgh is on the isthmus on the right.
The Acts of Union refer to two acts of Parliament, one by the Parliament of Scotland in March 1707, followed shortly thereafter by an equivalent act of the Parliament of England. They put into effect
Darien scheme
…circulating in Scotland, its failure left the entire Scottish Lowlands in financial ruin. This was an important factor in weakening resistance to the Act of Union (completed in 1707). The land where the Darien colony was built is located in the modern territory of Guna Yala…
Cromwell at Dunbar by Andrew Carrick Gow. Scotland was incorporated into the Commonwealth after defeat in the 1650–1652 Anglo-Scots War.
18th-century French illustration of an opening of the Scottish Parliament
Portrait of John Smith by Godfrey Kneller, 1708. Smith was one of the commissioners who negotiated the union and was Speaker of the House of Commons in the new united parliament. He is shown by Kneller holding a copy of the Act of Union.