Banking Collapse in Cork in the 1820s Roches and Leslies Bank and House of Commons, London, Select Committee Query re Collapse, only functioning Bank left Pikes. First run 1820 Deputation including Messrs Crawford and Gerard Callaghan deputed to see Lord Lieutenant in Dublin to solicit loan o £100,000. 2nd failure of Leslies 1825.
Banking Collapse in Cork in the 1820s Roches and Leslies Bank and House of Commons, London, Select Committee Query re Collapse, only functioning Bank left Pikes. Newenhams had been engaged but withdrew.
A long boom, unprecedented started in Britain and Ireland in 1785 and ended suddenly on the day the Battle of Waterloo ended in 1815.
War prosperity had disguised the weaknesses of the Irish economy and suddenly producers were exposed to competition from the most advanced economy in the world and agricultural products faced competition from North America.
This caused widespread distress. See:
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