Wood’s Halfpence

Historical Context Essay

Paul Baines (University of Liverpool)
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William Wood (1671-1730) was originally an ironmaster from Wolverhampton. Through the patronage of the Earl of Bradford he held the place of Receiver-General of the land tax for Shropshire, an office with many opportunities for peculation of exactly the kind later identified by the Tory satirists as typical of Sir Robert Walpole’s supposed habit of government by corruption. Wood came to prominence as a partner in a group supplying iron to London during an embargo on Swedish iron, but he was involved in many other production companies, including one which supplied copper coinage to the Royal Mint. Another venture, which involved the foundation of a public company to supply metals round England and Wales, turned out to be in breach of …

889 words

Citation: Baines, Paul. "Wood’s Halfpence". The Literary Encyclopedia. First published 11 February 2005 [https://staging.litencyc.com/php/stopics.php?rec=true&UID=1526, accessed 21 November 2024.]

1526 Wood’s Halfpence 2 Historical context notes are intended to give basic and preliminary information on a topic. In some cases they will be expanded into longer entries as the Literary Encyclopedia evolves.

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