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Francis Baring, 1st Baronet
Sir Francis Baring, 1st Baronet (18 April 1740 – 11 September 1810) was an English merchant banker, a member of the Baring family, later becoming the first of the Baring baronets. Early life He was born at Larkbeare House near Exeter, son of Johann Baring (1697–1748), a German cloth merchant who had settled in England, by his English wife Elizabeth Vowler (1702–1766), daughter of a prosperous Exeter dry goods wholesaler (at that time called a grocer). Baring's father emigrated from Bremen, Germany, in 1717 and settled at Exeter, where he became a leading wool manufacturer and textile merchant. His premature death in 1748 resulted in Francis, aged eight, being brought up and strongly influenced by his mother, Elizabeth. Her sound business head nearly doubled the family's worth by the time of her death in 1766. In the early 1750s, Francis was sent to London for education at Mr Fargue's French school at Hoxton and then at Mr Fuller's academy in Lothbury. Samuel Touchet ...
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Baronet
A baronet ( or ; abbreviated Bart or Bt) or the female equivalent, a baronetess (, , or ; abbreviation Btss), is the holder of a baronetcy, a hereditary title awarded by the British Crown. The title of baronet is mentioned as early as the 14th century, however in its current usage was created by James VI and I, James I of England in 1611 as a means of raising funds for the crown. A baronetcy is the only British Hereditary title, hereditary honour that is not a peerages in the United Kingdom, peerage, with the exception of the Anglo-Irish Knight of Glin, Black Knights, White Knight (Fitzgibbon family), White Knights, and Knight of Kerry, Green Knights (of whom only the Green Knights are extant). A baronet is addressed as "Sir" (just as is a knight) or "Dame" in the case of a baronetess, but ranks above all knighthoods and damehoods in the Orders of precedence in the United Kingdom, order of precedence, except for the Order of the Garter, the Order of the Thistle, and the dormant ...
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Royal Exchange Assurance
The Royal Exchange Assurance, founded in 1720, was a British insurance company. It took its name from the location of its offices at the Royal Exchange, London. Origins The Royal Exchange Assurance emerged from a joint stock insurance enterprise known as ''Onslow's insurance'' or ''Onslow's Bubble''. This had been begun as the ''Mercer's Hall Marine Company'', or ''Undertaking kept at the Royal Exchange for insuring ships and merchandise at sea''. A similar enterprise sought incorporation in 1718, but the Attorney-General reported against this. Lord Onslow then sought a means of avoiding the difficulty by his company acquiring the charters of Society of Mines Royal and Company of Mineral and Battery Works, which declared itself open for assuring ships and merchandise in March 1719. Their opponents petitioned against this and the Attorney-General reported in May 1719 that the use made of the charters was "unwarrantable". The directors admitted this mistake but requested their ...
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William Bingham
William Bingham (March 8, 1752February 7, 1804) was an American statesman from Philadelphia. He was a delegate for Pennsylvania to the Continental Congress from 1786 to 1788 and served in the United States Senate from 1795 to 1801. Bingham was one of the wealthiest men in the United States during his lifetime, and was considered to be the richest person in the U.S. in 1780. Early life William Bingham was born on March 8, 1752, in Philadelphia. He graduated from the College of Philadelphia (now the University of Pennsylvania) in 1768. Philadelphia Society Bingham first travelled to Europe in 1773 and, upon, returning to America joined the Philadelphia Society. Sent by the Committee of Secret Correspondence to Martinico (today's Martinique), to reside ostensibly as a merchant and to establish communications through that colony with Silas Deane, the committee's agent in France. He departed America aboard the frigate ''Reprisal'' on July 3, 1776. During his voyages, he established ...
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First Bank Of The United States
First or 1st is the ordinal form of the number one (#1). First or 1st may also refer to: *World record, specifically the first instance of a particular achievement Arts and media Music * 1$T, American rapper, singer-songwriter, DJ, and record producer Albums * ''1st'' (album), a 1983 album by Streets * ''1st'' (Rasmus EP), a 1995 EP by The Rasmus, frequently identified as a single * '' 1ST'', a 2021 album by SixTones * ''First'' (Baroness EP), an EP by Baroness * ''First'' (Ferlyn G EP), an EP by Ferlyn G * ''First'' (David Gates album), an album by David Gates * ''First'' (O'Bryan album), an album by O'Bryan * ''First'' (Raymond Lam album), an album by Raymond Lam * ''First'', an album by Denise Ho Songs * "First" (Cold War Kids song), a song by Cold War Kids * "First" (Lindsay Lohan song), a song by Lindsay Lohan * "First", a song by Everglow from ''Last Melody'' * "First", a song by Lauren Daigle * "First", a song by Niki & Gabi * "First", a song by Jonas Brot ...
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Thomas Willing
Thomas Willing (December 19, 1731 – January 19, 1821) was an American merchant, politician and slave trader who served as mayor of Philadelphia and was a delegate from Pennsylvania to the Continental Congress. He also served as the first president of the Bank of North America and the First Bank of the United States. During his tenure there he became the richest man in America. Early life Thomas Willing was born in Philadelphia, the son of Charles Willing (1710–1754), who twice served as mayor of Philadelphia, and Anne Shippen (1710-1791), granddaughter of Edward Shippen, who was the second mayor of Philadelphia. His brother, James Willing, was a Philadelphia merchant who later served as a representative of the Continental Congress and led a 1778 military expedition to raid holdings of British loyalists in Natchez, Mississippi. Thomas completed preparatory studies in Bath, England, then studied law in London at the Inner Temple. Career In 1749, after studying in England, he ...
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Robert Morris (merchant)
Robert Morris Jr. (January 20, 1734May 8, 1806) was an English-born merchant and a Founding Father of the United States. He served as a member of the Pennsylvania legislature, the Second Continental Congress, and the United States Senate, and he was a signer of the Declaration of Independence, the Articles of Confederation, and the United States Constitution. From 1781 to 1784, he served as the Superintendent of Finance of the United States, becoming known as the "Financier of the Revolution." Along with Alexander Hamilton and Albert Gallatin, he is widely regarded as one of the founders of the financial system of the United States. Born in Liverpool, Morris migrated to North America in his teens, quickly becoming a partner in a successful shipping firm based in Philadelphia. In the aftermath of the French and Indian War, Morris joined with other merchants in opposing British tax policies such as the 1765 Stamp Act. By 1775 he was the richest man in America. After the outbreak ...
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Pierre César Labouchère
Pierre is a masculine given name. It is a French form of the name Peter. Pierre originally meant "rock" or "stone" in French (derived from the Greek word πέτρος (''petros'') meaning "stone, rock", via Latin "petra"). It is a translation of Aramaic כיפא (''Kefa),'' the nickname Jesus gave to apostle Simon Bar-Jona, referred in English as Saint Peter. Pierre is also found as a surname. People with the given name * Abbé Pierre, Henri Marie Joseph Grouès (1912–2007), French Catholic priest who founded the Emmaus Movement * Monsieur Pierre, Pierre Jean Philippe Zurcher-Margolle (c. 1890–1963), French ballroom dancer and dance teacher * Pierre (footballer), Lucas Pierre Santos Oliveira (born 1982), Brazilian footballer * Pierre, Baron of Beauvau (c. 1380–1453) * Pierre, Duke of Penthièvre (1845–1919) * Pierre, marquis de Fayet (died 1737), French naval commander and Governor General of Saint-Domingue * Prince Pierre, Duke of Valentinois (1895–1964), father ...
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Henry Hope
Henry Hope (1735–1811) was an Amsterdam merchant banker born in Braintree, Massachusetts. He emigrated to the Netherlands to join the family business Hope & Co. at a young age. From 1779, Henry became the manager of Hope & Co. and he participated in the firm for about a third from 1782. He is considered to be as great a genius as his uncle Thomas Hope. In 1786 Adam Smith dedicated the fourth edition of his book ''The Wealth of Nations'' to Henry Hope in hopes of increasing his readership:Adam Smith, ''The Wealth of Nations'', 1895; Early years His father, Henry, was a Rotterdam merchant of Scottish lineage who left for the "new world" after experiencing financial difficulties in the economic bubble of 1720. Though born in Rotterdam, he was considered Scottish because his father and brothers were members of the Scottish Church in Rotterdam. Henry the elder settled near Boston and became a Freemason and merchant. When his son Henry the younger was 13, he sent him to London ...
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Amsterdam
Amsterdam ( , , , lit. ''The Dam on the River Amstel'') is the Capital of the Netherlands, capital and Municipalities of the Netherlands, most populous city of the Netherlands, with The Hague being the seat of government. It has a population of 907,976 within the city proper, 1,558,755 in the City Region of Amsterdam, urban area and 2,480,394 in the Amsterdam metropolitan area, metropolitan area. Located in the Provinces of the Netherlands, Dutch province of North Holland, Amsterdam is colloquially referred to as the "Venice of the North", for its large number of canals, now designated a World Heritage Site, UNESCO World Heritage Site. Amsterdam was founded at the mouth of the Amstel River that was dammed to control flooding; the city's name derives from the Amstel dam. Originally a small fishing village in the late 12th century, Amsterdam became a major world port during the Dutch Golden Age of the 17th century, when the Netherlands was an economic powerhouse. Amsterdam is th ...
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Hope & Co
Hope & Co. was a Dutch bank that existed for two and a half centuries. The bank was located in Amsterdam until 1795; originally it concentrated on Great Britain. From 1750 it played a major part in the finances of the Dutch East India Company (VOC) through Thomas Hope and his brother Adrian. During the Seven Years' War (1756–1763) the Hope brothers profited from the Netherlands' neutral position and became very wealthy. The Hopes became heavily involved in the Dutch Caribbean, and Danish West Indies. They specialised in plantation loans, in which the entire produce of the plantation was remitted to the lender, who would supervise its sale in order to secure repayment. In this way, the Hopes helped the plantation economy to become integrated into a global network of financiers and consumers. The Hope family were among the richest in Europe at the time. The family business focused on financing commercial transactions and especially on issuing money loans to monarchs and governme ...
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Slave Trade
Slavery and enslavement are both the state and the condition of being a slave—someone forbidden to quit one's service for an enslaver, and who is treated by the enslaver as property. Slavery typically involves slaves being made to perform some form of work while also having their location or residence dictated by the enslaver. Many historical cases of enslavement occurred as a result of breaking the law, becoming indebted, or suffering a military defeat; other forms of slavery were instituted along demographic lines such as race. Slaves may be kept in bondage for life or for a fixed period of time, after which they would be granted freedom. Although slavery is usually involuntary and involves coercion, there are also cases where people voluntarily enter into slavery to pay a debt or earn money due to poverty. In the course of human history, slavery was a typical feature of civilization, and was legal in most societies, but it is now outlawed in most countries of the w ...
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