If there had been no 1707 Act of Union, would Scotland have accepted the Hanoverian dynasty?

I did try searching for the answer to this one but could find nothing, here or elsewhere.

My impression is that though the 1707 Act of Union between England and Scotland, and the formation of the Kingdom of Great Britain, had been proposed before, it would not necessarily have gone though when it did without the collapse of the Darien Scheme.

However, one implication is that in 1715, George of Hanover became King George I of Great Britain, without any opportunity for the Scottish parliament to opt for a different dynastic solution. If the Scottish Parliament was still in existence, and Scotland legally did not have to follow the English lead, how realistic would be the chances of them putting in a different dynasty (not necessarily the Stuarts). They did accept William of Orange in 1688, but he was married to a Stuart and partially Stuart himself.
 
I say there's a high chance they do follow the English lead, their ability to follow differently comes across mostly as a negotiating tactic for English subsidies following the Darien debacle. The political union can be seen as a permanent solution since it guaranteed permanent subsidies at the cost of permanently shared succession.
If we assume that subsidies are lesser and so shelve the full union option for now then the risks for Scotland with a different monarch are higher and the benefits from continuing as is much stronger.
For England if no full union is an option then the views of the Scottish Parliament on the succession count higher. Perhaps a special joint commission forms so that the joint succession is formed as an Anglo-Scottish(-Irish) Treaty. Both sides will want a Protestant and the Hannovers top the list of heirs acceptable to both sides. Some of the more anti-Catholic terms might be dropped and conversion allowed for in some instances of the direct line (such as the Palatinate branches).
 
I could certainly see the Scottish lordship/power brokers using the opportunity as a kind of "Debt Ceiling" oppritunity: using the Monarchy's need for their formal approval of his accent to the throne of Scotland rather than an alternative candidate to extract guarantees of local privileges in the face of increasing English control over the nation (or demanding additional privileges), but breaking the full break-up of the personal union isen't really in the cards. The Scottish economy and political position really isen't on particularly strong independent footing (Especially after the recent Panama debacle as you noted; even if it haden't collapsed, which itself requires bending quite a few factors, the mere existance of the project over-invested Scotland's liquid capital. If the colony was still there, Scotland can't afford to surrender the protection of England's navy, lest Spain contest the issue) and would result in a severe recession at best or War of Scottish Succession or major Civil War with the Jacobites at worst).
 
Honestly this is a difficult thing to answer. Ignoring my Jacobitism, the Scottish elite were deeply unhappy with England's attempt to dictate their next King. Now, realistically the Scots didn't have all that many opinions other than the Hanoverians. I know that the 4th Duke of Hamilton wanted to make a play for the throne (the Hamiltons descended from Princess Mary, a daughter of James II of Scotland. Apparently this was the only other legitimate line of descent from the Stewarts other than the main line. So in theory the Hamiltons were in line after the Stuarts and had a case due to the murky nature of the necessity of Scottish citizenship) but he constantly vacillated between the Court and National parties and ultimately missed his chance. Then there's the obvious candidate, James VIII (AKA James III) over in France, but he was Catholic and his selection would bring war with England, either with the English attempting to dethrone him or James attempting to claim the English throne. To be honest, I think that the Scots would eventually recognize the Hanoverian succession, though not without major concessions on the part of the English.

All this said, a House of Hamilton would be pretty cool.
 
The 4th Duke's parents were pretty loyal and supported William of Orange - the 4th duke was a big Darien investor hence his interest - he vacillated a bit too much and absented himself from the final vote on Union - but to be honest the Scots faced the same situation as the English - the need for a Protestant heir - the Scots' only option was the 4th Duke or Sophia of Hanover - neither were that appealing for them but to the Kirk - the other Stuart's were not going to cut it even with a convenient conversion which was also unlikely.
 
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