Tracing the crimson thread: United Kingdom residents holding probated South Australian assets, 1905-1915

Martin Shanahan ()

Australian Economic History Review, 2003, vol. 43, issue 3, pages 215-229

Abstract: At the beginning of the twentieth century, Australia and the United Kingdom enjoyed close economic, cultural and social links. One filament of the 'crimson thread' between the two countries was the personal asset holdings of individuals who possessed wealth in both countries. This article examines the asset holdings of estates probated in South Australia and the United Kingdom, and describes the relative wealth of a small set of trans-national wealth holders. They are found to be an elite group whose wealth placed them in the upper reaches of the wealthy in both the UK and Australia. Copyright Blackwell Publishing Asia Pty Ltd and the Economic History Society of Australia and New Zealand 2003.

Date: 2003

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