Church Building and the 1833 Bankruptcy of the City of Edinburgh

This paper examines the role of capital expenditure on three new church buildings in Edinburgh’s New Town, in the financial difficulties that ultimately led to the city’s bankruptcy in 1833. It outlines the origins of the financial crisis and the failure of the city’s councillors to arrest the remorseless increase in municipal debt prior to the bankruptcy. In describing the financing arrangements pertaining to Edinburgh’s ecclesiastical estate, it presents evidence relating to the question of whether this area of activity was in deficit or surplus. It concludes by considering the competing narratives around the question of the state funding of ecclesiastical provision, and the way in which ecclesiastical revenues – burgh church seat rents – underpinned the final bankruptcy settlement.