John Scott (banker)
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John Scott (banker)
John Scott (28 January 1757 – 19 April 1832) was an English banker, evangelical Christian and pacifist. He was a founder member of the Peace Society in London, and was associated with the anti-slavery movement and various abolitionist figures of the day. Life He was the son of William Scott (died 1775), a shipwright of Woolwich and his wife Elizabeth Watts. At the age of twelve he was apprenticed to a City of London jeweller and goldsmith, James Duppa in Aldgate. Scott spent much of his youth attending open air evangelical meetings, with sermons given by known preachers of the day such as William Romaine, Erasmus Middleton and in particular Rowland Hill who led the Surrey Chapel in Southwark. In 1780, he married Mary Whinnell at the church of St George in the East. The family initially resided in Woolwich, but by 1805 were living on Worship Street, close to Finsbury Square. Around this time Scott joined the staff of the banking firm Down, Thornton & Free (or simply Down & Co.), of ...
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Banker
A bank is a financial institution that accepts Deposit account, 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 Bank regulation, 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 accounting liquidity, 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 concept ...
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Southwark
Southwark ( ) is a district of Central London situated on the south bank of the River Thames, forming the north-western part of the wider modern London Borough of Southwark. The district, which is the oldest part of South London, developed due to its position at the southern end of the early versions of London Bridge, the only crossing point for many miles. London's historic core, the City of London, lay north of the Bridge and for centuries the area of Southwark just south of the bridge was partially governed by the city. By the 12th century Southwark had been incorporated as an ancient borough, and this historic status is reflected in the alternative name of the area, as Borough. The ancient borough of Southwark's river frontage extended from the modern borough boundary, just to the west of by the Oxo Tower, to St Saviour's Dock (originally the mouth of the River Neckinger) in the east. In the 16th century, parts of Southwark became a formal City ward, Bridge Without. ...
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Whitefield's Tabernacle, Moorfields
Whitefield's Tabernacle, Moorfields (also known as Moorfields Tabernacle) is a former church at the corner of Tabernacle Street and Leonard Street, Moorfields, London, England. The first church on the site was a wooden building erected by followers of the evangelical preacher George Whitefield in 1741. This was replaced by a brick building in 1753. John Wesley preached a sermon "On the death of the Rev Mr George Whitefield" both here and at Whitefield's Tabernacle, Tottenham Court Road in 1770. The church was rebuilt in stone over a century later in 1868, to a robust Gothic Revival architecture, Gothic design by C. G. Searle & Son. Immediately west of the church itself (in Leonard Street) a Sunday School was built. The foundation stone of the 1868 building reads: "Near this spot stood the Tabernacle built by the Rev. George Whitefield in 1753: 115 years afterward it was taken down and in its place this building was erected." In 1907 a successor church opened near Alexandra Par ...
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Calvinistic Methodist
Calvinistic Methodists were born out of the 18th-century Welsh Methodist revival and survive as a body of Christians now forming the Presbyterian Church of Wales. Calvinistic Methodism became a major denomination in Wales, growing rapidly in the 19th century, and taking a leadership role in the Welsh Religious Revival of 1904-5. Calvinistic Methodism claims to be the only denomination in Wales to be of purely Welsh origin, owing no influence in its formation to Scottish Presbyterianism. It is also the only denomination to make use of the title Calvinistic (after John Calvin) in its name. In 18th-century England Calvinistic Methodism was represented by the followers of George Whitefield as opposed to those of John and Charles Wesley, although all the early Methodists in England and Wales worked together, regardless of Calvinist or Arminian (or Wesleyan) theology, for many years. With Calvinistic Methodists being absorbed into Presbyterianism, Methodism became defined by its adheren ...
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Church Of England
The Church of England (C of E) is the established Christian church in England and the mother church of the international Anglican Communion. It traces its history to the Christian church recorded as existing in the Roman province of Britain by the 3rd century and to the 6th-century Gregorian mission to Kent led by Augustine of Canterbury. The English church renounced papal authority in 1534 when Henry VIII failed to secure a papal annulment of his marriage to Catherine of Aragon. The English Reformation accelerated under Edward VI's regents, before a brief restoration of papal authority under Queen Mary I and King Philip. The Act of Supremacy 1558 renewed the breach, and the Elizabethan Settlement charted a course enabling the English church to describe itself as both Reformed and Catholic. In the earlier phase of the English Reformation there were both Roman Catholic martyrs and radical Protestant martyrs. The later phases saw the Penal Laws punish Ro ...
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Calvinism
Calvinism (also called the Reformed Tradition, Reformed Protestantism, Reformed Christianity, or simply Reformed) is a major branch of Protestantism that follows the theological tradition and forms of Christian practice set down by John Calvin and other Reformation-era theologians. It emphasizes the sovereignty of God and the authority of the Bible. Calvinists broke from the Roman Catholic Church in the 16th century. Calvinists differ from Lutherans (another major branch of the Reformation) on the spiritual real presence of Christ in the Lord's Supper, theories of worship, the purpose and meaning of baptism, and the use of God's law for believers, among other points. The label ''Calvinism'' can be misleading, because the religious tradition it denotes has always been diverse, with a wide range of influences rather than a single founder; however, almost all of them drew heavily from the writings of Augustine of Hippo twelve hundred years prior to the Reformation. The na ...
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Nonconformist (Protestantism)
In English church history, the Nonconformists, also known as a Free Church person, are Protestant Christians who did not "conform" to the governance and usages of the established church, the Church of England (Anglican Church). Use of the term in England was precipitated after the Restoration of the Stuart monarchy in 1660, when the Act of Uniformity 1662 renewed opposition to reforms within the established church. By the late 19th century the term specifically included other Reformed Christians ( Presbyterians and Congregationalists), plus the Baptists, Brethren, Methodists, and Quakers. The English Dissenters such as the Puritans who violated the Act of Uniformity 1559 – typically by practising radical, sometimes separatist, dissent – were retrospectively labelled as Nonconformists. By law and social custom, Nonconformists were restricted from many spheres of public life – not least, from access to public office, civil service careers, or degrees at university ...
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Stoke Newington
Stoke Newington is an area occupying the north-west part of the London Borough of Hackney in north-east London, England. It is northeast of Charing Cross. The Manor of Stoke Newington gave its name to Stoke Newington the ancient parish. The historic core on Stoke Newington Church Street retains the distinct London village character which led Nikolaus Pevsner to write in 1953 that he found it hard to see the district as being in London at all. Boundaries The modern London Borough of Hackney was formed in 1965 by the merger of three former Metropolitan Boroughs, Hackney and the smaller authorities of Stoke Newington and Shoreditch. These Metropolitan Boroughs had been in existence since 1899 but their names and boundaries were very closely based on parishes dating back to the Middle Ages. Unlike many London districts, such as nearby Stamford Hill and Dalston, Stoke Newington has longstanding fixed boundaries; however, to many. the informal perception of Stoke Newington h ...
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Canonbury Square
Canonbury Square is a garden square in Canonbury, North London. It is bounded by Terraced houses in the United Kingdom, terraces of mostly Georgian architecture, Georgian houses, many of which are listed buildings. The central public gardens contain attractive flower beds and several London plane trees of great age. The ''Evening Standard'' newspaper described it in 1956 as “London’s most beautiful square”. Many significant figures from the arts and literary worlds have lived in the square, including George Orwell, Evelyn Waugh, Samuel Phelps, Duncan Grant and Vanessa Bell. History Henry Leroux of Stoke Newington started building the north-west range of the square in 1805, on land owned by the Marquess of Northampton. In 1812, when few properties had been built, the New North Road turnpike, now known as Canonbury Road, was constructed and bisected the square, creating east and west sides. The new road interfered with the quiet of the rudimentary square, affecting the econo ...
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Panic Of 1825
The Panic of 1825 was a stock market crash that started in the Bank of England, arising in part out of speculative investments in Latin America, including an imaginary country: Poyais. The crisis was felt most acutely in Britain, where it led to the closure of twelve banks. It was also manifest in the markets of Europe, Latin America and the United States. Nation wide gold and silver confiscation ensued and an infusion of gold reserves from the Banque de France saved the Bank of England from collapse. The panic has been called the first modern economic crisis not attributable to an external event, such as a war, and so the start of modern economic cycles. The Napoleonic Wars had been highly profitable for all sectors of the British financial system, and the expansionist monetary actions taken during transition from war to peace brought a surge of prosperity and speculative ventures. The stock market boom became a bubble and banks caught in the euphoria made risky loans. Bank impr ...
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Henry Sykes Thornton
Henry may refer to: People *Henry (given name) *Henry (surname) * Henry Lau, Canadian singer and musician who performs under the mononym Henry Royalty * Portuguese royalty ** King-Cardinal Henry, King of Portugal ** Henry, Count of Portugal, Henry of Burgundy, Count of Portugal (father of Portugal's first king) ** Prince Henry the Navigator, Infante of Portugal ** Infante Henrique, Duke of Coimbra (born 1949), the sixth in line to Portuguese throne * King of Germany **Henry the Fowler (876–936), first king of Germany * King of Scots (in name, at least) ** Henry Stuart, Lord Darnley (1545/6–1567), consort of Mary, queen of Scots ** Henry Benedict Stuart, the 'Cardinal Duke of York', brother of Bonnie Prince Charlie, who was hailed by Jacobites as Henry IX * Four kings of Castile: **Henry I of Castile **Henry II of Castile **Henry III of Castile **Henry IV of Castile * Five kings of France, spelt ''Henri'' in Modern French since the Renaissance to italianize the name and to ...
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Richard Down
Richard Down (20 April 1734 – 26 July 1814) was an English banker of Bartholomew Lane in the City of London. Early life and family Richard Down was born in 1734 in Tiverton, Devon, Tiverton, Devonshire. In 1772, he married Rose Neale at St James the Great, Friern Barnet. Rose was the daughter of Henry Neale, the former owner of Halliwick Manor who lost the manor house when he was made bankrupt."Lords of the Manor".
John Philpott, ''Friern Barnet Newsletter'', Number 44 (February 2011), pp. 1-2.


Career

Down was a partner in the prominent city bank firm Down, Thornton & Free, with Henry Thornton (reformer), Henry Thornton being one of the other partners. After their deaths the bank continued to trade as Pole, Thornton, Free, Down & John Scott (banker), ...
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