When Elizabeth Shirley was born on 20 June 1678, in Breedon on the Hill, Leicestershire, England, United Kingdom, her father, Lord Robert, of Ferrers Shirley, was 27 and her mother, Elizabeth Washington, was 23. She died on 7 March 1740, in London, England, at the age of 61, and was buried in Winchester, Hampshire, England, United Kingdom.
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The Glorious Revolution brought the downfall of Catholic King James II and the reign of his Protestant daughter Mary and her Dutch husband, William III of Orange.
The South Sea Bubble Bill was passed by the House of Lords in 1720. This allowed the South Sea company to monopolize trade with South America. The company underwrote the English National Debt which promised 5% interest from the government. As shares rose exponentially, many companies were created and many fortunes were made. The stocks crashed and many people lost their money which caused them to become destitute overnight and suicide was common. Robert Walpole took charge of the South Sea Bubble Financial Crisis by dividing the national debt between the Bank of England, the Treasury, and the Sinking Fund.
English: habitational name from any of the places so named, such as Shirley (Warwickshire), Shirley in Millbrook (Hampshire), Shirley (Surrey), Shirley in Owston (Yorkshire), and Shirley (Derbyshire). The placenames probably derive from Old English scīr ‘bright’ + lēah ‘woodland clearing’, though some may have scīr ‘district, shire’ as the initial element if they lie on a boundary; for example, the Warwickshire place lies on the Warwickshire-Worcestershire boundary. The name Shirley first appears in Ireland in the late 17th century, following the granting of lands to a Shirley family in the barony of Farney, Monaghan.
History: William Shirley (1694–1771) was born in Sussex, England, and came to MA in 1731. He rose in the colonial service, was appointed governor in 1741, and was responsible for the British capture of the French fortress of Louisbourg, Cape Breton Island, in 1745.
Dictionary of American Family Names © Patrick Hanks 2003, 2006.
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