National Shipbuilders Securities
Encyclopedia
National Shipbuilders Securities was a UK Government
body established in 1930 to remove over-capacity from the British
shipbuilding industry. Between 1930 and 1938 it bought numerous shipbuilders that were in economic difficulties. It closed most of the yards it bought, including Bow, McLachlan and Company
in Paisley
and Earle's Shipbuilding
in Kingston upon Hull
. It also bought and shut down the Palmers Shipbuilding and Iron Company
and thereby caused much unemployment
, which inspired the Jarrow March
.
Government of the United Kingdom
Her Majesty's Government is the central government of the United Kingdom of Great Britain and Northern Ireland. The Government is led by the Prime Minister, who selects all the remaining Ministers...
body established in 1930 to remove over-capacity from the British
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
shipbuilding industry. Between 1930 and 1938 it bought numerous shipbuilders that were in economic difficulties. It closed most of the yards it bought, including Bow, McLachlan and Company
Bow, McLachlan and Company
Bow, McLachlan and Company was a Scottish marine engineering and shipbuilding company that traded between 1872 and 1932.-1872-1914:In 1872 William Bow and John McLachlan founded the company at Abbotsinch, Renfrewshire, where it made steering gear and light marine steam engines. In 1900 the company...
in Paisley
Paisley
Paisley is the largest town in the historic county of Renfrewshire in the west central Lowlands of Scotland and serves as the administrative centre for the Renfrewshire council area...
and Earle's Shipbuilding
Earle's Shipbuilding
Earle's Shipbuilding was an engineering company that was based in Hull, East Riding of Yorkshire, England from 1845 to 1932.-Earle Brothers:...
in Kingston upon Hull
Kingston upon Hull
Kingston upon Hull , usually referred to as Hull, is a city and unitary authority area in the ceremonial county of the East Riding of Yorkshire, England. It stands on the River Hull at its junction with the Humber estuary, 25 miles inland from the North Sea. Hull has a resident population of...
. It also bought and shut down the Palmers Shipbuilding and Iron Company
Palmers Shipbuilding and Iron Company
Palmers Shipbuilding and Iron Company Limited, often referred to simply as Palmers, was a British shipbuilding company. The Company was based in Jarrow, in Northeast England and also had operations in Hebburn and Willington Quay on the River Tyne....
and thereby caused much unemployment
Unemployment
Unemployment , as defined by the International Labour Organization, occurs when people are without jobs and they have actively sought work within the past four weeks...
, which inspired the Jarrow March
Jarrow March
The Jarrow March , was an October 1936 protest march against unemployment and extreme poverty suffered in North East England. The 207 marchers travelled from the town of Jarrow to the Palace of Westminster in London, a distance of almost , to lobby Parliament...
.