Golden Cavalry of St George
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[[File:1817 Georg III Revers.JPG|thumb|right|150px|Reverse of an 1817 [[sovereign (British coin)|sovereign]].]] |
[[File:1817 Georg III Revers.JPG|thumb|right|150px|Reverse of an 1817 [[sovereign (British coin)|sovereign]].]] |
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The '''Golden Cavalry of St George''' was the colloquial name of subsidies paid out by the British government to other states in Europe in the 18th and the 19th centuries, particularly during the [[Napoleonic Wars]].{{cite book|url=https://books.google.com/books?id=zl8TAgAAQBAJ&q=Golden+Cavalry+of+St+George+coins&pg=PA99|title=Fragile by Design: The Political Origins of Banking Crises and Scarce Credit|first1=Charles W.|last1=Calomiris|first2=Stephen H.|last2=Haber|isbn=9781400849925|date=2014-02-23|publisher=Princeton University Press }} The name is a [[euphemism]] and derives from the British [[Sovereign (British coin)|sovereign]] gold coins often used in those payments, which bore an image of [[Saint George]], the patron saint of England, on horseback [[Saint George and the Dragon|slaying the dragon]].{{cite web|url=https://www.alamy.com/stock-photo-a-1911-gold-sovereign-in-a-mount-used-as-a-mans-ring-with-an-image-49020341.html|website=Alamy.com|title=Image of British gold sovereign}} |
The '''Golden Cavalry of St George''' (also known as [[William Pitt the Younger|Pitt's]] Cavalry) was the colloquial name of subsidies paid out by the British government to other states in Europe in the 18th and the 19th centuries, particularly during the [[Napoleonic Wars]].{{cite book|url=https://books.google.com/books?id=zl8TAgAAQBAJ&q=Golden+Cavalry+of+St+George+coins&pg=PA99|title=Fragile by Design: The Political Origins of Banking Crises and Scarce Credit|first1=Charles W.|last1=Calomiris|first2=Stephen H.|last2=Haber|isbn=9781400849925|date=2014-02-23|publisher=Princeton University Press }} The name is a [[euphemism]] and derives from the British [[Sovereign (British coin)|sovereign]] gold coins often used in those payments, which bore an image of [[Saint George]], the patron saint of England, on horseback [[Saint George and the Dragon|slaying the dragon]].{{cite web|url=https://www.alamy.com/stock-photo-a-1911-gold-sovereign-in-a-mount-used-as-a-mans-ring-with-an-image-49020341.html|website=Alamy.com|title=Image of British gold sovereign}} |
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==18th Century== |
==18th Century== |
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