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Samuel Gurney (1786–1856)
Samuel Gurney (18 October 1786 – 5 June 1856) was an English banker and philanthropist from the Gurney family of Norwich. He should not be confused with his second son, Samuel (1816–1882), also described as banker and philanthropist, and a Member of Parliament. Early years and marriage Gurney was born at Earlham Hall near Norwich, England, 18 October 1786, the second son of John Gurney (1749–1809), a Quaker banker of Norwich, and Catherine, the daughter of Daniel Bell (1728–1750), a London merchant from Stamford Hill. The family's Gurney's Bank was founded in 1770. Gurney was educated at Wandsworth, Surrey, and at Hingham, Norfolk. Among his siblings were Joseph John Gurney, Daniel Gurney (1791–1880), Elizabeth Fry, Louisa Hoare (1784–1836), the wife of Samuel Hoare, and Hannah Buxton, the wife of Sir Thomas Buxton. At the age of 14, Gurney was placed in the counting-house of his brother-in-law, Joseph Fry (1777–1861), a tea merchant and banker, at St Mildred's ...
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Samuel Guney Bankers Banker
Samuel ''Šəmūʾēl'', Tiberian: ''Šămūʾēl''; ar, شموئيل or صموئيل '; el, Σαμουήλ ''Samouḗl''; la, Samūēl is a figure who, in the narratives of the Hebrew Bible, plays a key role in the transition from the biblical judges to the United Kingdom of Israel under Saul, and again in the monarchy's transition from Saul to David. He is venerated as a prophet in Judaism, Christianity, and Islam. In addition to his role in the Hebrew scriptures, Samuel is mentioned in Jewish rabbinical literature, in the Christian New Testament, and in the second chapter of the Quran (although Islamic texts do not mention him by name). He is also treated in the fifth through seventh books of '' Antiquities of the Jews'', written by the Jewish scholar Josephus in the first century. He is first called "the Seer" in 1 Samuel 9:9. Biblical account Family Samuel's mother was Hannah and his father was Elkanah. Elkanah lived at Ramathaim in the district of Zuph. His gene ...
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Daniel Gurney
Daniel Gurney (1791–1880), was an English banker and antiquary from the Gurney family of Norwich. Life Gurney was born at Earlham Hall, near Norwich, on 9 March 1791, as the youngest son of John Gurney (1749–1809) of Earlham, Norfolk, and brother of Elizabeth Fry, the philanthropist, Louisa Gurney Hoare, a writer on education, and Joseph John Gurney and Samuel Gurney. His mother, Catherine, the daughter of Daniel Bell, died in 1792. He descended directly from a younger branch of the ancient family of Gurney or Gournay, which held manors in Norfolk (in the time of Henry II). After completing his education Gurney entered the Norwich firm of Gurney's Bank, of which he afterwards headed and for more than 60 years was a partner. He wrote several privately circulated essays on banking. As the head of one of the first banks in the English provinces, he gained social and political influence. His amiability, courtesy and generosity endeared him to his contemporaries. He was main f ...
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World Anti-Slavery Convention
The World Anti-Slavery Convention met for the first time at Exeter Hall in London, on 12–23 June 1840. It was organised by the British and Foreign Anti-Slavery Society, largely on the initiative of the English Quaker Joseph Sturge. The exclusion of women from the convention gave a great impetus to the women's suffrage movement in the United States. Background The Society for the Abolition of the Slave Trade (officially Society for Effecting the Abolition of the Slave Trade) was principally a Quaker society founded in 1787 by 12 men, nine of whom were Quakers and three Anglicans, one of whom was Thomas Clarkson. Due to their efforts, the international slave trade was abolished throughout the British Empire with the passing of the Slave Trade Act 1807. The Society for the Mitigation and Gradual Abolition of Slavery Throughout the British Dominions, in existence from 1823 to 1838, helped to bring about the Slavery Abolition Act 1833, advocated by William Wilberforce, which ...
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Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank. It was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. The Bank became an independent public organisation in 1998, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. The Bank is one of eight banks authorised to issue banknotes in the United Kingdom, has a monopoly on the issue of banknotes in England and Wales, and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland. The Bank's Monetary Policy Committee has devolved responsibility for ...
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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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Discounting House
Discounting is a financial mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee.See "Time Value", "Discount", "Discount Yield", "Compound Interest", "Efficient Market", "Market Value" and "Opportunity Cost" in Downes, J. and Goodman, J. E. ''Dictionary of Finance and Investment Terms'', Baron's Financial Guides, 2003. Essentially, the party that owes money in the present purchases the right to delay the payment until some future date.See "Discount", "Compound Interest", "Efficient Markets Hypothesis", "Efficient Resource Allocation", "Pareto-Optimality", "Price", "Price Mechanism" and "Efficient Market" in Black, John, ''Oxford Dictionary of Economics'', Oxford University Press, 2002. This transaction is based on the fact that most people prefer current interest to delayed interest because of mortality effects, impatience effects, and salience effects. The discount, or charge, is the difference ...
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Overend, Gurney And Company
Overend, Gurney & Company was a London wholesale discount bank, known as "the bankers' bank", which collapsed in 1866 owing about £11 million, equivalent to £ million in . The collapse of the institution triggered a banking panic. History Early years The business was founded in 1800 as Richardson, Overend and Company by Thomas Richardson, clerk to a London bill discounter, and John Overend, chief clerk in the bank of Smith, Payne and Company at Nottingham (absorbed into the National Provincial Bank in 1902), with Gurney's Bank (absorbed into Barclays Bank in 1896) supplying the capital. At that time, bill-discounting was carried on in a spasmodic fashion by the ordinary merchant in addition to his regular business, but Richardson considered that there was room for a London house which should devote itself entirely to the trade in bills. This idea, novel at the time, proved an instant success. Samuel Gurney joined the firm in 1807 and took control of Overend, Gurney and Co. in ...
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Nottingham
Nottingham ( , East Midlands English, locally ) is a city status in the United Kingdom, city and Unitary authorities of England, unitary authority area in Nottinghamshire, East Midlands, England. It is located north-west of London, south-east of Sheffield and north-east of Birmingham. Nottingham has links to the legend of Robin Hood and to the lace-making, bicycle and Tobacco industry, tobacco industries. The city is also the county town of Nottinghamshire and the settlement was granted its city charter in 1897, as part of Queen Victoria's Diamond Jubilee celebrations. Nottingham is a tourist destination; in 2018, the city received the second-highest number of overnight visitors in the Midlands and the highest number in the East Midlands. In 2020, Nottingham had an estimated population of 330,000. The wider conurbation, which includes many of the city's suburbs, has a population of 768,638. It is the largest urban area in the East Midlands and the second-largest in the Midland ...
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Bill Discounter
Bill(s) may refer to: Common meanings * Banknote, paper cash (especially in the United States) * Bill (law), a proposed law put before a legislature * Invoice, commercial document issued by a seller to a buyer * Bill, a bird or animal's beak Places * Bill, Wyoming, an unincorporated community, United States * Billstown, Arkansas, an unincorporated community, United States * Billville, Indiana, an unincorporated community, United States People * Bill (given name) Bill is a masculine given name, generally a short form (hypocorism) of William. It can also be used as the adaptation into English of the popular Greek name Vasilis or Vasileios (Basil), especially amongst Greek immigrants in English-speaking countr ... * Bill (surname) * Bill (footballer, born 1978), ''Alessandro Faria'', Togolese football forward * Bill (footballer, born 1984), ''Rosimar Amâncio'', a Brazilian football forward * Bill (footballer, born 1999), ''Fabricio Rodrigues da Silva Ferreira'', a Brazilian forward ...
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Joseph Fry (tea Merchant)
Joseph Fry (21 April 1777 – 28 August 1861) was a tea dealer and an unsuccessful banker. He was the husband of the prison reformer Elizabeth Fry. Parental family Joseph Fry's father was William Storrs Fry (1736–1808) who moved from Wiltshire to London and established a company dealing in tea and banking services, later called W. S. Fry & Sons. William married Elizabeth Lambert in 1767, who was, like him, a "plain" Quaker. Joseph was born in London 21 April 1777, the youngest of the three sons, and three daughters of William and Elizabeth Fry. One of his brothers died aged 27. He and his older brother, William Fry (1768–1858), joined the family business. However, their mother is credited with "the financial acumen which had enabled money both to be acquired and prudently managed: it was a quality which perhaps neither of the sons inherited".Milligan ''Biographical Dictionary … '', article on Joseph Fry (1777–1861) pp.190B-191A. William Storrs Fry's brother Jos ...
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Counting-house
A counting house, or counting room, was traditionally an office in which the bookkeeping, financial books of a business were kept. It was also the place that the business received appointments and correspondence relating to demands for payment. As the use of counting houses spread in the 19th century, so did their reputation as being often uncomfortable and dreary places to work. See also * Accounts payable * Count room, a secure room for counting cash * Exchequer * Factory (trading post), a fortified settlement for the counting houses of overseas merchants References

{{DEFAULTSORT:Counting House Business terms Accounting systems Rooms ...
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Sir Thomas Buxton, 1st Baronet
Sir Thomas Fowell Buxton, 1st Baronet (1 April 1786Olwyn Mary Blouet, "Buxton, Sir Thomas Fowell, first baronet (1786–1845)", ''Oxford Dictionary of National Biography'', Oxford University Press, 2004; online ed., May 201accessed 25 April 2013 – 19 February 1845) was an English Member of Parliament, brewer, abolitionist and social reformer. He had connections with the Gurney family. Early life Buxton was born at Castle Hedingham, Essex. His father, also named Thomas Fowell Buxton, died young, leaving three sons and two daughters. His Quaker mother's maiden name was Anna Hanbury. He completed his education at Trinity College Dublin, graduating in 1807. Through his mother's influence Buxton became associated with the Gurney family of Earlham Hall, Norwich, especially with Joseph John Gurney and Gurney's sister, the prison reformer Elizabeth Fry. He married their sister Hannah in May 1807. He lived at Belfield House, Weymouth, Dorset in the constituency he represented as an ...
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