John Horsley Palmer

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John Horsley Palmer
Born7 July 1779
Died7 February 1858 (aged 78)
OccupationGovernor
Spouse
Elizabeth Belli
​
(m. 1810)​

John Horsley Palmer (7 July 1779 – 7 February 1858) was an English banker who was Governor of the Bank of England from 1830 to 1833. [1]

Contents

Life

Palmer was the fourth son and seventh child of William Palmer of Wanlip, Leicestershire (1748?–1821) [2] and later of Nazeing Park, Essex, a London merchant, and his wife Mary Horsley (born 1747 [2] ), daughter of John Horsley the rector of Thorley, Hertfordshire, and sister of Samuel Horsley. [3] George Palmer (MP for South Essex) was his elder brother, and William Jocelyn Palmer Sir Ralph Palmer were also brothers. [4] [3]

He was educated at Charterhouse School where in 1794 he took part in the first school cricket match against Westminster School.

Palmer became a Director of the Bank of England in 1811, remaining until 1857. He served as Deputy Governor of the bank from 1828 to 1830, and Governor from 1830 to 1833. [1] [5] In June 2020 the Bank of England issued a public apology for the involvement of Palmer, amongst other employees, in the slave trade following the investigation by the Centre for the Study of the Legacies of British Slave-ownership at UCL. [6]

In 1820, he purchased Hurlingham House in Fulham. [7] He extended the property at Hurlingham by six acres, and let it to the brother of the Duke of Wellington. [7]

He was a member of Political Economy Club and published three books (or pamphlets), including The Causes and Consequences of the Pressure Upon the Money-market. [1]

Palmer died aged 78 and was buried in Catacomb B at Kensal Green Cemetery. [8]

Family

Palmer married Elizabeth Belli, daughter of John Belli and Elizabeth Stuart Cockerell, on 16 November 1810. [9] Her portrait was painted by Thomas Lawrence. [10]

References

  1. 1 2 3 Horsefield, J. K. (1949). "The Opinions of Horsley Palmer: Governor of the Bank of England, 1830-33" . Economica. 16 (62): 143–158. doi:10.2307/2549854. ISSN   0013-0427. JSTOR   2549854.
  2. 1 2 "Search Results for Palmer, George (1772–1853), merchant and philanthropist". Oxford Dictionary of National Biography . 23 September 2004. Retrieved 9 December 2020.
  3. 1 2 Lee, Sidney, ed. (1895). "Palmer, George"  . Dictionary of National Biography . Vol. 43. London: Smith, Elder & Co.
  4. ↑ "George Palmer: Profile & Legacies Summary". Legacies of British Slave-ownership. Retrieved 8 December 2020.
  5. ↑ J K Horsefield The Opinions of Horsley Palmer Economica Vol 16 No 62
  6. ↑ Jolly, Jasper (18 June 2020). "Bank of England apologises for role of former directors in slave trade". The Guardian. ISSN   0261-3077 . Retrieved 19 June 2020.
  7. 1 2 "The Estate - The Hurlingham Club". hurlinghamclub.org.uk. Archived from the original on 29 July 2011. Retrieved 22 September 2011.
  8. ↑ "Home - Friends Of Kensal Green". Friends Of Kensal Green. Archived from the original on 4 November 2012. Retrieved 22 September 2011.
  9. ↑ "Person Page". thepeerage.com.
  10. ↑ Sothebys Portrait of Elizabeth, Mrs Horsley Archived 2014-05-12 at the Wayback Machine
Government offices
Preceded by Governor of the Bank of England
1830 - 1833		Succeeded by
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