Timothy Abraham Curtis
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Timothy Abraham Curtis
Timothy Abraham Curtis was Governor of the Bank of England from 1837 to 1839. He had been Deputy Governor from 1834 to 1837. He replaced James Pattison as Governor and was succeeded by John Reid. Curtis' tenure as Governor occurred during the Panic of 1837. In June 2020, the Bank of England issued a public apology for the involvement of Curtis, amongst other employees, in the slave trade following the investigation by the Centre for the Study of the Legacies of British Slave-ownership at UCL. See also *Chief Cashier of the Bank of England The Chief Cashier of the Bank of England is the person responsible for issuing banknotes at the Bank of England and is the director of the divisions which provide the Bank of England's banking infrastructure. This person is known to the general ... References External links Governors of the Bank of England British bankers Deputy Governors of the Bank of England British slave owners 19th-century British businesspeople ...
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Governor Of The Bank Of England
The governor of the Bank of England is the most senior position in the Bank of England. It is nominally a civil service post, but the appointment tends to be from within the bank, with the incumbent grooming their successor. The governor of the Bank of England is also chairman of the Monetary Policy Committee, with a major role in guiding national economic and monetary policy, and is therefore one of the most important public officials in the United Kingdom. According to the original charter of 27 July 1694 the bank's affairs would be supervised by a governor, a deputy governor, and 24 directors. In its current incarnation, the bank's Court of Directors has 12 (or up to 14) members, of whom five are various designated executives of the bank. The 121st and current governor is Andrew Bailey, who began his term in March 2020. Governors of the Bank of England (1694–present) See also * Chief Cashier of the Bank of England * Deputy Governor of the Bank of England References ...
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Deputy Governor Of The Bank Of England
A Deputy Governor of the Bank of England is the holder of one of a small number of senior positions at the Bank of England, reporting directly to the Governor. According to the original charter of 27 July 1694 the Bank's affairs would be supervised by a Governor, the Deputy Governor and 24 directors. Since then, however, the role of Deputy Governor has been split and redefined three times (by the Bank of England Act 1998, the Financial Services Act 2012 and again in 2014), such that, as of May 2016, there are four Deputy Governors ( Sir Jon Cunliffe, Ben Broadbent, Sam Woods and Sir David Ramsden). They have special responsibility for financial stability, monetary policy, prudential regulation and markets and banking respectively. In 2013, the position of Chief Operating Officer (COO) was created and has the same status and remuneration as a Deputy Governor. Under Schedule 1 of the Bank of England Act 1998 (as amended), Deputy Governors are appointed for five year terms, and a ...
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James Pattison (banker)
James Pattison was Governor of the Bank of England from 1834 to 1837. He had been Deputy Governor from 1833 to 1834. He replaced Richard Mee Raikes as Governor and was succeeded by Timothy Abraham Curtis.''Governors of the Bank of England''.
Bank of England, London, 2013
Archived here.
Retrieved 21 March 2016. In 1825 he was a director of the , a venture chaired by the wealthy
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Sir John Reid, 2nd Baronet
Sir John Rae Reid, 2nd Baronet (1791–1867) was a Scottish merchant and financier. He was a Tory and Conservative politician who sat in the House of Commons between 1830 and 1847. Early life Reid was the son of Sir Thomas Reid of Ewell Grove and his wife Elizabeth Goodfellow. He succeeded his father in the baronetcy in 1824 Political life Reid was the Member of Parliament for Dover, Kent from 1830 to 1831 and from 1832 to 1847. Slave ownership According to the ''Legacies of British Slave-Ownership'' at the University College London, Reid was awarded compensation in the aftermath of the Slavery Abolition Act 1833 with the Slave Compensation Act 1837. Reid was associated with seventeen different claims, he owned over 3000 slaves in British Guiana, Jamaica, St Kitts, Trinidad and the British Virgin Islands. He received over £62,000 in compensation from these claims (worth £ in ) . Career Reid was head of the firm Reid, Irving & Co., and later a Director (1820 to 1847) o ...
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Panic Of 1837
The Panic of 1837 was a financial crisis in the United States that touched off a major depression, which lasted until the mid-1840s. Profits, prices, and wages went down, westward expansion was stalled, unemployment went up, and pessimism abounded. The panic had both domestic and foreign origins. Speculative lending practices in the West, a sharp decline in cotton prices, a collapsing land bubble, international specie flows, and restrictive lending policies in Britain were all factors. The lack of a central bank to regulate fiscal matters, which President Andrew Jackson had ensured by not extending the charter of the Second Bank of the United States, was also key. This ailing economy of early 1837 led investors to panic – a bank run ensued – giving the crisis its name. The run came to a head on May 10, 1837, when banks in New York City ran out of gold and silver. They suspended specie payments and would no longer redeem commercial paper in specie at full face value. A signi ...
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History Of Slavery
The history of slavery spans many cultures, nationalities, and religions from ancient times to the present day. Likewise, its victims have come from many different ethnicities and religious groups. The social, economic, and legal positions of enslaved people have differed vastly in different systems of slavery in different times and places. Slavery has been found in some hunter-gatherer populations, particularly as hereditary slavery, but the conditions of agriculture with increasing social and economic complexity offer greater opportunity for mass chattel slavery. Slavery was already institutionalized by the time the first civilizations emerged (such as Sumer in Mesopotamia, which dates back as far as 3500 BC). Slavery features in the Mesopotamian ''Code of Hammurabi'' (c. 1750 BC), which refers to it as an established institution. Slavery was widespread in the ancient world in Europe, Asia, Middle East, and Africa. It became less common throughout Europe during the Early Middl ...
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Centre For The Study Of The Legacies Of British Slave-ownership
The Centre for the Study of the Legacies of British Slavery, formerly the Centre for the Study of the Legacies of British Slave-ownership, is a research centre of University College, London (UCL) which focuses on revealing the impact of British slavery and, in particular, the implications of the Slave Compensation Act 1837. The Centre's work is freely available online to the public through the Legacies of British Slavery database. History The Centre was established at UCL with the support of the Hutchins Center for African and African American Research at Harvard University. It incorporates two earlier projects: the ''Legacies of British Slave-ownership'' project (2009–2012), funded by the Economic and Social Research Council (ESRC) and the ''Structure and significance of British Caribbean slave-ownership 1763–1833'' project (2013–2015), funded by the ESRC and the Arts and Humanities Research Council. The first project started with the slave compensation data, identifyin ...
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University College London
, mottoeng = Let all come who by merit deserve the most reward , established = , type = Public research university , endowment = £143 million (2020) , budget = £1.544 billion (2019/20) , chancellor = Anne, Princess Royal(as Chancellor of the University of London) , provost = Michael Spence , head_label = Chair of the council , head = Victor L. L. Chu , free_label = Visitor , free = Sir Geoffrey Vos , academic_staff = 9,100 (2020/21) , administrative_staff = 5,855 (2020/21) , students = () , undergrad = () , postgrad = () , coordinates = , campus = Urban , city = London, England , affiliations = , colours = Purple and blue celeste , nickname ...
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Chief Cashier Of The Bank Of England
The Chief Cashier of the Bank of England is the person responsible for issuing banknotes at the Bank of England and is the director of the divisions which provide the Bank of England's banking infrastructure. This person is known to the general public because since 1870 the Chief Cashier's signature is printed on all bank notes issued by the Bank of England. In 2004 a new post was created, Executive Director of Banking & Chief Cashier, incorporating the title. The post is currently held by Sarah John who was appointed in June 2018. She is the 33rd Chief Cashier since the Bank was founded in 1694. Responsibilities The position has the following responsibilities: * The security and effective operation of real-time gross settlement in the UK’s high value payment systems (CHAPS and CREST). * Along with the Bank’s Sterling Markets Division they are also responsible for the provision of liquidity to the market and settlement banks. * The issuing and effective distribution of ...
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Governors Of The Bank Of England
The governor of the Bank of England is the most senior position in the Bank of England. It is nominally a civil service post, but the appointment tends to be from within the bank, with the incumbent grooming their successor. The governor of the Bank of England is also chairman of the Monetary Policy Committee (United Kingdom), Monetary Policy Committee, with a major role in guiding national economic and monetary policy, and is therefore one of the most important public officials in the United Kingdom. According to the original charter of 27 July 1694 the bank's affairs would be supervised by a governor, a deputy governor, and 24 directors. In its current incarnation, the bank's Bank of England#Court of Directors, Court of Directors has 12 (or up to 14) members, of whom five are various designated executives of the bank. The 121st and current governor is Andrew Bailey (banker), Andrew Bailey, who began his term in March 2020. Governors of the Bank of England (1694–present) Se ...
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British Bankers
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Briton (d ...
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Deputy Governors Of The Bank Of England
Deputy or depute may refer to: * Steward (office) * Khalifa, an Arabic title that can signify "deputy" * Deputy (legislator), a legislator in many countries and regions, including: ** A member of a Chamber of Deputies, for example in Italy, Spain, Argentina, or Brazil. ** A member of a National Assembly, as in Costa Rica, France, Pakistan, Poland or Quebec. ** A member of the Dáil Éireann (Lower House of the parliament of the Republic of Ireland) ** A member of the States of Guernsey or the States of Jersey elected by a parish or district ** Deputy (Acadian), a position in 18th-century Nova Scotia, Canada * Deputy Führer, a title for the deputy head of the Nazi Party * A subordinate ** Deputy premier, a subordinate of the Premier and next-in-command in the cabinet of the Soviet Union and its successor countries, including: *** First Deputy Premier of the Soviet Union *** Deputy Premier of the Soviet Union, a subordinate of the Premier and the First Deputy Premier and third-in- ...
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