Colonel WILLIAM PETRIE & Mrs MARY WAUGH
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Mary Waugh discovered the existence of high quality china clay on Brownsea Island in Dorset's Poole Harbour and, thinking they would make their fortune from porcelain manufacture, her husband , Colonel William Petrie Waugh bought the island for only £13,000 in 1852. The ex-Indian army officer was a director of the London and Eastern Banking Corporation and easily raised over £200,000 to finance the couple's plans to drastically change Brownsea.

The Brownsea clay proved unsuitable for the manufacture of fine china which the Waughs had envisaged and they were forced to turn their efforts to the production of terra cotta chimney pots and sanitary pipes. These wares were insufficiently profitable to finance the vast expenditure which had been lavished on the island by the Waughs and disaster was inevitable. The Waughs were forced to flee to Spain in 1857 and the island fell under the auctioneer's hammer as part of the bankruptcy proceedings in 1857 - just five years after they had purchased it.

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