Banque Generale Becomes Royal Bank
The French crown took over Law's bank as Banque Royale and assumed responsibility for its notes.
Permanent historical records · Updated 2026-11-03
1718 in Scotland
Explore 3 historical events and records for Scotland in 1718.
Historical records for Scotland in 1718
Sorted by month and day. Records with no month are shown last. Showing 3 of 3 unique records.
3Unique records
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3Named events on this page
1Named people on this page
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Other events (month unknown)
Mississippi Company Subscription Completed
Subscriptions to the Company of the West closed after investors committed funds and converted substantial government debt into shares.
Royal Guarantee Supports Banknotes
The royal bank's notes carried state backing, increasing their apparent security but also exposing public finances to monetary expansion.
How these records were prepared
Generated from the World History Database historical_events table. Identical display records are collapsed; descriptions otherwise retain the stored text. Coverage and source quality vary. Check primary and specialist sources before citing individual historical claims.