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George Hudson (composer)
George Hudson (probably 10 March 1800 – 14 December 1871) was an English railway financier and politician who, because he controlled a significant part of the railway network in the 1840s, became known as "The Railway King"—a title conferred on him by Sydney Smith in 1844. Hudson played a significant role in linking London to Edinburgh by rail, carrying out the first major merging of railway companies (the Midland Railway) and developing his home city of York into a major railway junction. He also represented Sunderland in the House of Commons. Hudson's success was built on dubious financial practices and he frequently paid shareholders out of capital rather than money the company had earned. Eventually in 1849, a series of enquiries, launched by the railways he was chairman of, exposed his methods, although many leading the enquiries had benefited from and approved of Hudson's methods when it suited them. Hudson fell a long way, becoming bankrupt. After losing his Sunderl ...
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Councillor
A councillor is an elected representative for a local government council in some countries. Canada Due to the control that the provinces have over their municipal governments, terms that councillors serve vary from province to province. Unlike most provincial elections, municipal elections are usually held on a fixed date of 4 years. Finland ''This is about honorary rank, not elected officials.'' In Finland councillor (''neuvos'') is the highest possible title of honour which can be granted by the President of Finland. There are several ranks of councillors and they have existed since the Russian Rule. Some examples of different councillors in Finland are as follows: * Councillor of State: the highest class of the titles of honour; granted to successful statesmen * Mining Councillor/Trade Councillor/Industry Councillor/Economy Councillor: granted to leading industry figures in different fields of the economy *Councillor of Parliament: granted to successful statesmen *Off ...
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House Of Commons Of The United Kingdom
The House of Commons is the lower house of the Parliament of the United Kingdom. Like the upper house, the House of Lords, it meets in the Palace of Westminster in London, England. The House of Commons is an elected body consisting of 650 members known as members of Parliament (MPs). MPs are elected to represent constituencies by the first-past-the-post system and hold their seats until Parliament is dissolved. The House of Commons of England started to evolve in the 13th and 14th centuries. In 1707 it became the House of Commons of Great Britain after the political union with Scotland, and from 1800 it also became the House of Commons for Ireland after the political union of Great Britain and Ireland. In 1922, the body became the House of Commons of the United Kingdom of Great Britain and Northern Ireland after the independence of the Irish Free State. Under the Parliament Acts 1911 and 1949, the Lords' power to reject legislation was reduced to a delaying power. The g ...
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Leeds
Leeds () is a city and the administrative centre of the City of Leeds district in West Yorkshire, England. It is built around the River Aire and is in the eastern foothills of the Pennines. It is also the third-largest settlement (by population) in England, after London and Birmingham. The city was a small manorial borough in the 13th century and a market town in the 16th century. It expanded by becoming a major production centre, including of carbonated water where it was invented in the 1760s, and trading centre (mainly with wool) for the 17th and 18th centuries. It was a major mill town during the Industrial Revolution. It was also known for its flax industry, iron foundries, engineering and printing, as well as shopping, with several surviving Victorian era arcades, such as Kirkgate Market. City status was awarded in 1893, a populous urban centre formed in the following century which absorbed surrounding villages and overtook the nearby York population. It is locate ...
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George Carr Glyn, 1st Baron Wolverton
George Carr Glyn, 1st Baron Wolverton (27 March 1797 – 24 July 1873) was a banker with interests in the railways, a partner in the family firm of Glyn, Mills & Co., which was reputed to be the largest private bank in London. Background He was the fourth son of Sir Richard Glyn, 1st Baronet, also a banker, and former Lord Mayor of London. His mother was the daughter of John Plumptre of Nottingham. The Wolvertons lived at the manor house in Iwerne Minster, two miles south of Fontmell, in Dorset. They also owned Gaunts House, Wimborne. Business career Glyn and his bank were important in the development of the railways - hence the link with Wolverton. By the 1850s, over 200 railway companies, both domestic and foreign, banked with Glyn, Mills, and Co. In 1836 Glyn became Chairman of the North Midland Railway, and in 1837 the second Chairman of the London and Birmingham Railway. In 1841 he resigned his Chairmanship of the North Midland, but remained a director. In 1842, he found ...
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City Of London
The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London from its settlement by the Romans in the 1st century AD to the Middle Ages, but the modern area named London has since grown far beyond the City of London boundary. The City is now only a small part of the metropolis of Greater London, though it remains a notable part of central London. Administratively, the City of London is not one of the London boroughs, a status reserved for the other 32 districts (including Greater London's only other city, the City of Westminster). It is also a separate ceremonial county, being an enclave surrounded by Greater London, and is the smallest ceremonial county in the United Kingdom. The City of London is widely referred to simply as the City (differentiated from the phrase "the city of London" by ca ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Joint Stock Company
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited companies. In t ...
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Whigs (British Political Party)
The Whigs were a political faction and then a political party in the Parliaments of England, Scotland, Ireland, Great Britain and the United Kingdom. Between the 1680s and the 1850s, the Whigs contested power with their rivals, the Tories. The Whigs merged into the new Liberal Party with the Peelites and Radicals in the 1850s, and other Whigs left the Liberal Party in 1886 to form the Liberal Unionist Party, which merged into the Liberals' rival, the modern day Conservative Party, in 1912. The Whigs began as a political faction that opposed absolute monarchy and Catholic Emancipation, supporting constitutional monarchism with a parliamentary system. They played a central role in the Glorious Revolution of 1688 and were the standing enemies of the Roman Catholic Stuart kings and pretenders. The period known as the Whig Supremacy (1714–1760) was enabled by the Hanoverian succession of George I in 1714 and the failure of the Jacobite rising of 1715 by Tory rebels. The Whig ...
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Sir John Lowther, 2nd Baronet, Of Swillington
''Sir'' is a formal honorific address in English for men, derived from Sire in the High Middle Ages. Both are derived from the old French "Sieur" (Lord), brought to England by the French-speaking Normans, and which now exist in French only as part of "Monsieur", with the equivalent "My Lord" in English. Traditionally, as governed by law and custom, Sir is used for men titled as knights, often as members of orders of chivalry, as well as later applied to baronets and other offices. As the female equivalent for knighthood is damehood, the female equivalent term is typically Dame. The wife of a knight or baronet tends to be addressed as Lady, although a few exceptions and interchanges of these uses exist. Additionally, since the late modern period, Sir has been used as a respectful way to address a man of superior social status or military rank. Equivalent terms of address for women are Madam (shortened to Ma'am), in addition to social honorifics such as Mrs, Ms or Miss. Etymol ...
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Tory
A Tory () is a person who holds a political philosophy known as Toryism, based on a British version of traditionalism and conservatism, which upholds the supremacy of social order as it has evolved in the English culture throughout history. The Tory ethos has been summed up with the phrase "God, King, and Country". Tories are monarchists, were historically of a high church Anglican religious heritage, and opposed to the liberalism of the Whig faction. The philosophy originates from the Cavalier faction, a royalist group during the English Civil War. The Tories political faction that emerged in 1681 was a reaction to the Whig-controlled Parliaments that succeeded the Cavalier Parliament. As a political term, Tory was an insult derived from the Irish language, that later entered English politics during the Exclusion Crisis of 1678–1681. It also has exponents in other parts of the former British Empire, such as the Loyalists of British America, who opposed US secession duri ...
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High Church
The term ''high church'' refers to beliefs and practices of Christian ecclesiology, liturgy, and theology that emphasize formality and resistance to modernisation. Although used in connection with various Christian traditions, the term originated in and has been principally associated with the Anglican tradition, where it describes churches using a number of ritual practices associated in the popular mind with Roman Catholicism and Eastern Orthodoxy. The opposite tradition is '' low church''. Contemporary media discussing Anglican churches erroneously prefer the terms evangelical to ''low church'' and Anglo-Catholic to ''high church'', even though their meanings do not exactly correspond. Other contemporary denominations that contain high church wings include some Lutheran, Presbyterian, and Methodist churches. Variations Because of its history, the term ''high church'' also refers to aspects of Anglicanism quite distinct from the Oxford Movement or Anglo-Catholicism. There rema ...
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Dissenter
A dissenter (from the Latin ''dissentire'', "to disagree") is one who dissents (disagrees) in matters of opinion, belief, etc. Usage in Christianity Dissent from the Anglican church In the social and religious history of England and Wales, and, by extension, Ireland, however, it refers particularly to a member of a religious body who has, for one reason or another, separated from the established church or any other kind of Protestant who refuses to recognise the supremacy of the established church in areas where the established church is or was Anglican.. Originally, the term included English and Welsh Roman Catholics whom the original draft of the Nonconformist Relief Act 1779 styled " Protesting Catholic Dissenters". In practice, however, it designates Protestant Dissenters referred to in sec. ii. of the Act of Toleration of 1689 (see English Dissenters). The term recusant, in contrast, came to refer to Roman Catholics rather than Protestant dissenters. Dissent from the Pre ...
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