The exclusive control of a supply or shade. Monopolies used to be granted by the monarch to an individual as a way of rewarding that individual, or for a handsome sum.
Monopolies
Fact of the Day
The Tudor Privy Council would sometimes punish those who fell out of its favour by making them wait to be seen by the Star Chamber for days, weeks, or months in London, during which time they would run up huge lodging bills. Wolsey made De Carteret of Guernsey wait for over four years.
Quote of the Day
"The rights of man are made, not for counter-revolutionaries, but only for sans-culottes.
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~ Collot d'Herbois, French revolutionary
On This Day
1846 Scottish surgeon Robert Liston was the first European to use anaesthesia during an amputation. He could amputate a leg in two and a half minutes.
1898 Scientists Pierre and Marie Curie discovered the radioactive element radium.
1937 'Snow White and the Seven Dwarfs', the world's first full-length animated film, premiered in the USA
1946 A tsunami caused by an undersea earthquake killed at least 1,362 and left thousands homeless in Japan.
1967 Louis Washkansky, the first man to undergo a heart transplant, died in Cape Town, South Africa, 18 days after his operation.
1988 Pan Am Flight 103 exploded as it was flying over Lockerbie, Scotland. All 243 passengers and 16 crew, and 11 residents of Lockerbie were killed