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Tracing the crimson thread: United Kingdom residents holding probated South Australian assets, 1905–1915
Author(s) -
Shanahan Martin
Publication year - 2003
Publication title -
australian economic history review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.493
H-Index - 16
eISSN - 1467-8446
pISSN - 0004-8992
DOI - 10.1046/j.1467-8446.2003.00052.x
Subject(s) - kingdom , elite , immigration , business , economy , geography , economic history , political science , economics , law , paleontology , politics , biology
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.