John Horsley Palmer

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John Horsley Palmer (7 July 1779 – 7 February 1858) was an English banker and Governor of the Bank of England.

Contents

Life

Palmer was the fourth son and seventh child of William Palmer of Wanlip, Leicestershire (1748?–1821) [1] and later of Nazeing Park, Essex, a London merchant, and his wife Mary Horsley (born 1747 [1] ), daughter of John Horsley the rector of Thorley, Hertfordshire, and sister of Samuel Horsley. [2] George Palmer (MP for South Essex) was his elder brother, and William Jocelyn Palmer Sir Ralph Palmer were also brothers. [3] [2]

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. [4] 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. [5]

In 1820, he purchased Hurlingham House in Fulham. [6] He extended the property at Hurlingham by six acres, and let it to the brother of the Duke of Wellington. [6]

He was a member of Political Economy Club and published several pamphlets including The Causes and Consequences of the Pressure Upon the Money-market .

Palmer died aged 78 and was buried in Catacomb B at Kensal Green Cemetery. [7]

Family

Palmer married Elizabeth Belli, daughter of John Belli and Elizabeth Stuart Cockerell, on 16 November 1810. [8] Her portrait was painted by Thomas Lawrence. [9]

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References

  1. 1 2 "Search Results for Palmer, George (1772–1853), merchant and philanthropist". Oxford Dictionary of National Biography . 23 September 2004. Retrieved 9 December 2020.
  2. 1 2 Lee, Sidney, ed. (1895). "Palmer, George"  . Dictionary of National Biography . Vol. 43. London: Smith, Elder & Co.
  3. ↑ "George Palmer: Profile & Legacies Summary". Legacies of British Slave-ownership. Retrieved 8 December 2020.
  4. ↑ J K Horsefield The Opinions of Horsley Palmer Economica Vol 16 No 62
  5. ↑ 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.
  6. 1 2 "The Estate - The Hurlingham Club". hurlinghamclub.org.uk.
  7. ↑ "Home - Friends Of Kensal Green". Friends Of Kensal Green. Archived from the original on 4 November 2012. Retrieved 22 September 2011.
  8. ↑ "Person Page". thepeerage.com.
  9. ↑ 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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