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James Deacon Hume (1774 – 1842) was an English official, an economic writer and advocate of
free trade Free trade is a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade. In government, free trade is predominantly advocated by political parties that hold econo ...
.


Life

The son of James Hume, a commissioner and afterwards secretary of the customs, he was born at
Newington, Surrey Newington is a district of South London, just south of the River Thames, and part of the London Borough of Southwark. It was an ancient parish and the site of the early administration of the county of Surrey. It was the location of the County of ...
, on 28 April 1774, and educated at
Westminster School (God Gives the Increase) , established = Earliest records date from the 14th century, refounded in 1560 , type = Public school Independent day and boarding school , religion = Church of England , head_label = Hea ...
. In 1791 he became an indoor clerk in the custom house in
Thames Street, London Thames Street, divided into Lower and Upper Thames Street, is a road in the City of London, the historic and financial centre of London. It forms part of the busy A roads in Zone 3 of the Great Britain numbering scheme, A3211 route (prior to bein ...
. A report which Hume wrote for the commissioners attracted the notice of
William Huskisson William Huskisson (11 March 177015 September 1830) was a British statesman, financier, and Member of Parliament for several constituencies, including Liverpool. He is commonly known as the world's first widely reported railway passenger casu ...
, and he was appointed as controller of the customs. In 1822 he brought up the idea of consolidating the laws of the customs, and at the end of the year the Treasury excused him from ordinary duties for three years to pursue the work. The customs laws dated from the reign of
Edward I of England Edward I (17/18 June 1239 – 7 July 1307), also known as Edward Longshanks and the Hammer of the Scots, was King of England and Lord of Ireland from 1272 to 1307. Concurrently, he ruled the duchies of Aquitaine and Gascony as a vassa ...
and comprised 1500 statutes. Hume reduced them to ten: these ten
Acts of Parliament Acts of Parliament, sometimes referred to as primary legislation, are texts of law passed by the legislative body of a jurisdiction (often a parliament or council). In most countries with a parliamentary system of government, acts of parliament ...
received the royal assent in July 1825. Hume edited them with notes and indices. He was rewarded for his labour by a public grant of £6,000, which he then lost by a bad investment. Hume was, in 1828, appointed joint secretary of the
Board of Trade The Board of Trade is a British government body concerned with commerce and industry, currently within the Department for International Trade. Its full title is The Lords of the Committee of the Privy Council appointed for the consideration of ...
, and became assistant to Huskisson. From Hume had been employed on preparing a parliamentary bill regulating the
silk Silk is a natural protein fiber, some forms of which can be woven into textiles. The protein fiber of silk is composed mainly of fibroin and is produced by certain insect larvae to form cocoons. The best-known silk is obtained from the coc ...
duties. In 1831 he made an official tour through England, collecting information about silk manufacture, and in March 1832 he gave evidence before a committee of the
House of Commons The House of Commons is the name for the elected lower house of the bicameral parliaments of the United Kingdom and Canada. In both of these countries, the Commons holds much more legislative power than the nominally upper house of parliament. ...
on the silk duties. He gave further evidence before another committee in 1840, and expressed a strong opinion against protective duties. He assisted
Thomas Tooke Thomas Tooke (; 28 February 177426 February 1858) was an English economist known for writing on money and economic statistics. After Tooke's death the Statistical Society endowed the Tooke Chair of economics at King's College London, and a Too ...
in establishing the
Political Economy Club The Political Economy Club is the world's oldest economics association founded by James Mill and a circle of friends in 1821 in London, for the purpose of coming to an agreement on the fundamental principles of political economy. David Ricardo, ...
, and from its founding in 1821 until 1841 attended its meetings regularly, and spoke repeatedly on free trade. The Customs' Benevolent Fund, originated in 1816 by Charles Ogilvy, was carried out by Hume, who was the first president. He advocated
life assurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death ...
, and was one of the founders of the
Atlas Assurance Company Atlas Assurance Company was a British life and fire insurance company established at the beginning of the 19th century in England. Its headquarters were in London, and it had several branches around the world, including Buenos Aires, Manila ...
in 1808, and its deputy chairman to his death. In June 1835 he gave evidence before a committee on the timber duties, which were gradually reduced. Hume was associated as trustee of some private property with
Henry Fauntleroy Henry Fauntleroy (12 October 1784 – 30 November 1824) was an English banker and forger. After seven years as a clerk in the London bank of Marsh, Sibbald & Co., of which his father was one of the founders, he was taken into partnership, and ...
, and in September 1824 found that Fauntleroy had forged his name to a
letter of attorney A power of attorney (POA) or letter of attorney is a written authorization to represent or act on another's behalf in private affairs (which may be financial or regarding health and welfare), business, or some other legal matter. The person auth ...
by which £10,000 had been abstracted from the estate. The trial and execution of Fauntleroy followed Hume retired from the Board of Trade in 1840, and went to live at Reigate. He received a pension of £1,500 a year. In the same year he gave evidence on the corn laws and on the duties on coffee, tea, and sugar, and his opinions in favour of the abolition of these duties quoted by Sir Robert Peel and other politicians. Hume lost his savings by poor investments. He died of apoplexy at Great Doods House, Reigate, on 12 January 1842, and was buried in Reigate churchyard. His death was mentioned by Peel on 9 February in the House of Commons.


Works

Hume was the author of: * ''Thoughts on the Corn Laws, as connected with Agriculture, Commerce, and Finance'', 1815. * ''The Laws of the Customs, 6 Geo. IV, c. 106-16'', with notes, 1825–32, six parts. * ''The Laws of the Customs, 3 & 4 Gul. IV, c. 50-60'', with notes, 1833–6, three parts. * ''Letters on the Corn Laws, by H. B. T.'', 1834; another edit., 1835. * ''Corn Laws. The Evidence of J. D. Hume on the Import Duties in 1839'', 1842. In 1833-4 Hume sent seven letters to the '' Morning Post'' entitled ''Rights of the Working Classes''. They were reprinted at the request of Sir Benjamin Hawes, and reached a second edition.


Family

Hume married, on 4 June 1798, Frances Elizabeth, widow of Charles Ashwell of
Grenada Grenada ( ; Grenadian Creole French: ) is an island country in the West Indies in the Caribbean Sea at the southern end of the Grenadines island chain. Grenada consists of the island of Grenada itself, two smaller islands, Carriacou and Pe ...
, and daughter of Edward Whitehouse of the custom house and a gentleman usher at the Court of St. James's. She died at East Bergholt,
Suffolk Suffolk () is a ceremonial county of England in East Anglia. It borders Norfolk to the north, Cambridgeshire to the west and Essex to the south; the North Sea lies to the east. The county town is Ipswich; other important towns include Lowes ...
, on 31 May 1854, leaving twelve children by Hume.


References

* ;Attribution {{DEFAULTSORT:Hume, James Deacon 1774 births 1842 deaths English economists