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Jonathan Duncan (currency Reformer)
Jonathan Duncan (1799–1865), often referred to as "Jonathan Duncan, the younger", was a British advocate of reforming the monetary system. He was born in Bombay while his father (also called Jonathan Duncan) was governor there. Following the death of Duncan, senior, in 1811, Sir Charles Forbes acted as his guardian. He graduated with a B.A. from Trinity College, Cambridge in 1821. In the years up to 1841, he wrote a number of history books about Russia, religious wars in France, and Guernsey. In 1846, he was editor of a newspaper called ''The Sentinel'', and presented a petition to Parliament criticizing Frederic Festus Kelly, chief inspector of letter-carriers. In 1846, he wrote the tract "How to reconcile the rights of property, capital, and labour" for the Currency Reform Association. In 1847 he wrote a tract for the National Anti-Gold Law League, arguing that the size of the circulation should be determined by supply and demand. He opposed bullionism and Sir Robert Pee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mumbai
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second-most populous city in India after Delhi and the eighth-most populous city in the world with a population of roughly 20 million (2 crore). As per the Indian government population census of 2011, Mumbai was the most populous city in India with an estimated city proper population of 12.5 million (1.25 crore) living under the Brihanmumbai Municipal Corporation. Mumbai is the centre of the Mumbai Metropolitan Region, the sixth most populous metropolitan area in the world with a population of over 23 million (2.3 crore). Mumbai lies on the Konkan coast on the west coast of India and has a deep natural harbour. In 2008, Mumbai was named an alpha world city. It has the highest number of millionaires and billionaires among all cities i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Peel
Sir Robert Peel, 2nd Baronet, (5 February 1788 – 2 July 1850) was a British Conservative statesman who served twice as Prime Minister of the United Kingdom (1834–1835 and 1841–1846) simultaneously serving as Chancellor of the Exchequer (1834–1835) and twice as Home Secretary (1822–1827 and 1828–1830). He is regarded as the father of modern British policing, owing to his founding of the Metropolitan Police Service. Peel was one of the founders of the modern Conservative Party. The son of a wealthy textile manufacturer and politician, Peel was the first prime minister from an industrial business background. He earned a double first in classics and mathematics from Christ Church, Oxford. He entered the House of Commons in 1809, and became a rising star in the Tory Party. Peel entered the Cabinet as Home Secretary (1822–1827), where he reformed and liberalised the criminal law and created the modern police force, leading to a new type of officer known in tribute to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1865 Deaths
Events January–March * January 4 – The New York Stock Exchange opens its first permanent headquarters at 10-12 Broad near Wall Street, in New York City. * January 13 – American Civil War : Second Battle of Fort Fisher: United States forces launch a major amphibious assault against the last seaport held by the Confederates, Fort Fisher, North Carolina. * January 15 – American Civil War: United States forces capture Fort Fisher. * January 31 ** The Thirteenth Amendment to the United States Constitution (conditional prohibition of slavery and involuntary servitude) passes narrowly, in the House of Representatives. ** American Civil War: Confederate General Robert E. Lee becomes general-in-chief. * February ** American Civil War: Columbia, South Carolina burns, as Confederate forces flee from advancing Union forces. * February 3 – American Civil War : Hampton Roads Conference: Union and Confederate leaders discuss peace terms. * February 8 & ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1799 Births
Events January–June * January 9 – British Prime Minister William Pitt the Younger introduces an income tax of two shillings to the pound, to raise funds for Great Britain's war effort in the French Revolutionary Wars. * January 17 – Maltese patriot Dun Mikiel Xerri, along with a number of other patriots, is executed. * January 21 – The Parthenopean Republic is established in Naples by French General Jean Étienne Championnet; King Ferdinand I of the Two Sicilies flees. * February 9 – Quasi-War: In the single-ship action of USS ''Constellation'' vs ''L'Insurgente'' in the Caribbean, the American ship is the victor. * February 28 – French Revolutionary Wars: Action of 28 February 1799 – British Royal Navy frigate HMS ''Sybille'' defeats the French frigate ''Forte'', off the mouth of the Hooghly River in the Bay of Bengal, but both captains are killed. * March 1 – Federalist James Ross becomes President pro tempore of the United States Senate. * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Survey Of London
The Survey of London is a research project to produce a comprehensive architectural survey of central London and its suburbs, or the area formerly administered by the London County Council. It was founded in 1894 by Charles Robert Ashbee, an Arts-and-Crafts designer, architect and social reformer and was motivated by a desire to record and preserve London's ancient monuments. The first volume was published in 1900, but the completion of the series remains far in the future. The London Survey Committee was initially a volunteer effort, but from 1910 published the surveys jointly with the London County Council (later the Greater London Council, GLC). From 1952, the voluntary committee was disbanded, and all survey work was wholly council-run. Following the abolition of the GLC in 1986, responsibility for the survey was taken over by the Royal Commission on the Historical Monuments of England (RCHME). Since 2013, it has been administered by The Bartlett School of Architecture, Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lambeth
Lambeth () is a district in South London, England, in the London Borough of Lambeth, historically in the County of Surrey. It is situated south of Charing Cross. The population of the London Borough of Lambeth was 303,086 in 2011. The area experienced some slight growth in the medieval period as part of the manor of Lambeth Palace. By the Victorian era the area had seen significant development as London expanded, with dense industrial, commercial and residential buildings located adjacent to one another. The changes brought by World War II altered much of the fabric of Lambeth. Subsequent development in the late 20th and early 21st centuries has seen an increase in the number of high-rise buildings. The area is home to the International Maritime Organization. Lambeth is home to one of the largest Lusophone, Portuguese-speaking communities in the UK, and is the second most commonly spoken language in Lambeth after English language, English. History Medieval The origins of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Charter Act 1844
The Bank Charter Act 1844 (7 & 8 Vict. c. 32), sometimes referred to as the Peel Banking Act of 1844, was an Act of Parliament, Act of the Parliament of the United Kingdom, passed under the government of Robert Peel, which restricted the powers of British banks and gave exclusive note-issuing powers to the central Bank of England. It is one of the Bank of England Acts 1694 to 1892. Purpose Until the mid-nineteenth century, commercial banks in Britain and Ireland were able to issue their own banknotes, and notes issued by provincial banking companies were commonly in circulation. Under the 1844 Act, bullionism was institutionalized in Britain, creating a ratio between the gold reserves held by the Bank of England and the notes that the Bank could issue, and limited the issuance by English and Welsh banks of non-gold-backed Bank of England notes to up to £14 million. The Act also placed strict curbs on the issuance of notes by the country banks, barring any new "banks of issue" ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samuel Jones-Loyd, 1st Baron Overstone
Samuel Jones-Loyd, 1st Baron Overstone (25 September 1796 – 17 November 1883) was a British banker and politician. Background and education Loyd was the only son of the Rev. Lewis Loyd and Sarah, daughter of John Jones, a Manchester banker. He was educated at Eton and Trinity College, Cambridge. Banking Loyd's father had given up the ministry to take a partnership in his father-in-law's bank and became the founder of the London branch of Jones, Loyd & Co. Loyd joined his father's bank, and took control of the bank after his father retired in 1844. On his father's death in 1858 Loyd inherited an estate worth £ 2 million. In 1864 the bank became incorporated with the London and Westminster Bank. Political career Loyd sat in parliament as Whig member for Hythe from 1819 to 1826, and unsuccessfully contested Manchester in 1832. As early as 1832 he was recognized as one of the foremost authorities on banking, and he enjoyed much influence with successive ministries and chancell ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bullionism
Bullionism is an economic theory that defines wealth by the amount of precious metals owned. Bullionism is an early or primitive form of mercantilism.{{Citation needed, date=October 2018 It was derived, during the 16th century, from the observation that the Kingdom of England, because of its large trade surplus, possessed large amounts of gold and silver—bullion—despite the fact that there was not any mining of precious metals in England. Examples of bullionists Thomas Milles (1550–1627) and others recommended that England increase exports to create a trade surplus, convert the surplus into precious metals, and hinder the drain of money and precious metal to other countries. England did restrict exportation of money or precious metals around 1600, but Milles wanted to resume using staple ports (ports where incoming foreign merchants were required to offer their goods for sale before anywhere else) to force merchants from abroad to use their assets to buy English goods and pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jonathan Duncan (Governor Of Bombay)
The tomb in St. Thomas Cathedral, Mumbai Jonathan Duncan (15 May 1756 – 11 August 1811) was Governor of Bombay from 27 December 1795 until his death in 1811. He began his career in India in 1772, and in 1784 he was one of the charter members of the Asiatic Society founded in Calcutta by William Jones. In 1788, was appointed superintendent and resident at Benares by Lord Cornwallis, where he helped stamp out the practice of infanticide. In 1791, he started the Sanskrit College at Benares to promote the study of Hindu laws and philosophy in Banaras. (In 1958, the Sanskrit College became a university and in 1974 the name was changed to Sampurnanand Sanskrit University Sampurnanand Sanskrit Vishwavidyalaya (IAST: ; formerly Varanaseya Sanskrit Vishwavidyalaya and Government Sanskrit College, Varanasi) is an Indian university and institution of higher learning located in Varanasi, Uttar Pradesh, specializing i ....) In 1795, he became governor of Bombay, and held that post ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Circulation (currency)
In monetary economics, the currency in circulation in a country is the value of currency or cash (banknotes and coins) that has ever been issued by the country’s monetary authority less the amount that has been removed. More broadly, money in circulation is the total money supply of a country, which can be defined in various ways, but always includes currency and also some types of bank deposits, such as deposits at call. The published amount of currency in circulation tends to be overstated by an unknown amount because it does not take into account money that has been destroyed, or held by individuals as a form of security (the proverbial “money under the mattress”), or by coin collectors, domestic or foreign, or which is held in reserve within the banking system, including currency held by foreign central banks as a foreign exchange reserve asset. Domestic demand for currency The currency in circulation in a country is based on the need or demand for cash in the community ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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