When Frances Carvolth was born about 1703, her father, Walter Carvolth, was 49 and her mother, Elizabeth Andrew, was 34. She was buried in Cubert, Cornwall, England.
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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.
Feminine form of Francis . In the 16th century the two spellings were used indiscriminately for both sexes, the distinction in spelling not being established until the 17th century.
Dictionary of First Names © Patrick Hanks and Flavia Hodges 1990, 2003, 2006.
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