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The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker and debt manager, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank.
Sir Joseph Banks, 1st Baronet, was an English naturalist, botanist, and patron of the natural sciences.
Events from the year 1773 in Canada.
Eugene Benton Sperling is an American lawyer who was director of the National Economic Council and assistant to the president for economic policy under Presidents Bill Clinton and Barack Obama. He is the only person to serve as national economic advisor under two presidents. Outside of government, he founded the Center for Universal Education at the Brookings Institution in 2002.
William Sprague, also known as William III or William Sprague III, was a politician and industrialist from the U.S. state of Rhode Island, serving as the 14th Governor, a U.S. Representative and a U.S. Senator. He was the uncle of William Sprague IV, also a Governor and Senator from Rhode Island.
Sperling is a German and Jewish surname, meaning "sparrow" in English. Notable people with the surname include:
Richard Edwards was an officer of the Royal Navy who served for a brief time as Commodore Governor of Newfoundland.
The Boston Tea Party was an American political and mercantile protest on December 16, 1773, by the Sons of Liberty in Boston in colonial Massachusetts. The target was the Tea Act of May 10, 1773, which allowed the East India Company to sell tea from China in American colonies without paying taxes apart from those imposed by the Townshend Acts. The Sons of Liberty strongly opposed the taxes in the Townshend Act as a violation of their rights. In response, the Sons of Liberty, some disguised as Native Americans, destroyed an entire shipment of tea sent by the East India Company.
Horatio Sharpe was the 22nd proprietary governor of Maryland from 1753 to 1768 under the restored proprietary government of Maryland.
The Hutchinson letters affair was an incident that increased tensions between the colonists of the Province of Massachusetts Bay and the British government prior to the American Revolution.
Anthony Fenn Kemp was a soldier, merchant and a deputy judge advocate of the colony of New South Wales. He was one of the key participants in the "Rum Rebellion" that removed William Bligh, the appointed governor of the colony, and established an interim military government. He was later permitted to settle in Van Diemen's Land and became a successful merchant and farmer there.
Andrew John Bailey is a British central banker and Governor of the Bank of England since 16 March 2020.
Sir John Bernard Bosanquet KS PC was a British judge.
The Regulating Act 1773 was an Act of the Parliament of Great Britain intended to overhaul the management of the East India Company's rule in India (Bengal). The Act did not prove to be a long-term solution to concerns over the company's affairs. Pitt's India Act was therefore subsequently enacted in 1784 as a more radical reform. It marked the first step towards parliamentary control over the company and centralised administration in India.
The British credit crisis of 1772–1773, also known as the crisis of 1772, or the panic of 1772, was a peacetime financial crisis which originated in London and then spread to Scotland and the Dutch Republic. It has been described as the first modern banking crisis faced by the Bank of England. New colonies, as Adam Smith observed, had an insatiable demand for capital. Accompanying the more tangible evidence of wealth creation was a rapid expansion of credit and banking, leading to a rash of speculation and dubious financial innovation. In today's language, they bought shares on margin.
Edward Payne was Governor of the Bank of England from 1771 to 1773. He had been Deputy Governor from 1769 to 1771. He replaced William Cooper as Governor and was succeeded by James Sperling. Payne's tenure as Governor occurred during the Bengal bubble crash (1757–1769) and the Crisis of 1772.
Samuel Beachcroft was an English banker, governor of the Bank of England from 1775 to 1777. He had been Deputy Governor from 1773 to 1775. He replaced James Sperling as Governor and was succeeded by Peter Gaussen. Beachcroft's tenure as Governor occurred during the Bengal bubble crash (1769–1784).
George Dorrien was Governor of the Bank of England from 1818 to 1820.
Samuel Drewe (1759–1837) of Kensington in Middlesex, was Governor of the Bank of England from 1828 to 1830. He had been Deputy Governor from 1826 to 1828. He replaced John Baker Richards as Governor and was succeeded by John Horsley Palmer.
References
- ↑ Governors of the Bank of England. Archived 12 February 2012 at the Wayback Machine Bank of England, London, 2013. Archived here. Retrieved 6 March 2016.
