Tag: councillors

Victorian Bournemouth (220)
5th Period

Victorian Bournemouth (220): corporation stock

Victorian Bournemouth (220) analysed how the resort’s civic leaders introduced it to the dazzling yet perilous realm of Corporation Stock. With support from the government and the Bank of England, towns took encouragement to venture into this dangerous area. However, unsuspecting civic leaders risked stumbling if their town’s image of prosperity wavered. This could lead to a drop in stock prices and an increase in interest rates, making future issuance more difficult. Leveraging Bournemouth’s history of successful marketing, the town’s Councillors perhaps had less to fear from this financial trap compared to managers of other towns.

Victorian Bournemouth (213)
5th Period

Victorian Bournemouth (213): rising men

Victorian Bournemouth (213) discovers that the resort’s earliest councillors epitomised respectability achieved through hard work and seizing opportunities. Their professional success laid the groundwork for attaining public office. The collective values of these individuals, shaped in the market’s melting pot, perhaps provided Bournemouth with a modern outlook, one that rejected inherited tradition. Other communities seeking to balance their society’s modernity with tradition would have found Bournemouth’s achievements instructive.