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John Saunders Gilliat (24 November 1829 – 11 February 1912) was a British banker and
Conservative Conservatism is a cultural, social, and political philosophy that seeks to promote and to preserve traditional institutions, practices, and values. The central tenets of conservatism may vary in relation to the culture and civilization i ...
politician. He was the son of and Mary Anne Saunders of Fernill,
Berkshire Berkshire ( ; in the 17th century sometimes spelt phonetically as Barkeshire; abbreviated Berks.) is a historic county in South East England. One of the home counties, Berkshire was recognised by Queen Elizabeth II as the Royal County of Berk ...
. His father was founder J K Gilliat and Company, a
merchant bank A merchant bank is historically a bank dealing in commercial loans and investment. In modern British usage it is the same as an investment bank. Merchant banks were the first modern banks and evolved from medieval merchants who traded in commodi ...
ing company that traded in England and America.''Obituary: Mr J S Gilliat'', The Times, 16 February 1912, p.9 He was educated at
Harrow School (The Faithful Dispensation of the Gifts of God) , established = (Royal Charter) , closed = , type = Public schoolIndependent schoolBoarding school , religion = Church of E ...
and
University College, Oxford University College (in full The College of the Great Hall of the University of Oxford, colloquially referred to as "Univ") is a constituent college of the University of Oxford in England. It has a claim to being the oldest college of the univer ...
. In 1860 he married Louisa Babington, daughter of Matthew Babington of Rothley and Frances Sykes, with whom he had six children. His daughter, Ida Sophia Gilliat, married George Vere Hugh Cholmondeley (b. 13 Sep 1871, d. 28 Mar 1925). In 1862 he joined the court of the
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 ...
, and was
Governor A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political ...
from 1883 to 1885, having previous served as its Deputy Governor. Gilliat's tenure as Governor occurred during the
Panic of 1884 The Panic of 1884 was an economic panic during the Depression of 1882–1885. It was unusual in that it struck at the end rather than the beginning of the recession. The panic created a credit shortage that led to a significant economic decline i ...
. In 1886, he was elected as Conservative
Member of Parliament A member of parliament (MP) is the representative in parliament of the people who live in their electoral district. In many countries with bicameral parliaments, this term refers only to members of the lower house since upper house members of ...
for the Clapham constituency of
south London South London is the southern part of London, England, south of the River Thames. The region consists of the Districts of England, boroughs, in whole or in part, of London Borough of Bexley, Bexley, London Borough of Bromley, Bromley, London Borou ...
. In 1891 he put his name forward as Conservative candidate for the parliamentary seat of
St Albans St Albans () is a cathedral city in Hertfordshire, England, east of Hemel Hempstead and west of Hatfield, Hertfordshire, Hatfield, north-west of London, south-west of Welwyn Garden City and south-east of Luton. St Albans was the first major ...
, but withdrew his candidacy. He was eventually chosen to contest
Widnes Widnes ( ) is an Industrial city, industrial town in the Borough of Halton, Cheshire, England, which at the 2011 United Kingdom census, 2011 census had a population of 61,464. Historic counties of England, Historically in Lancashire, it is on t ...
when the sitting MP, T C Edwards-Moss retired for health reasons. He held the seat until 1900. Gilliat made his home at Chorleywood,
Hertfordshire Hertfordshire ( or ; often abbreviated Herts) is one of the home counties in southern England. It borders Bedfordshire and Cambridgeshire to the north, Essex to the east, Greater London to the south, and Buckinghamshire to the west. For govern ...
. He was deeply involved in the affairs of the
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 ...
, and was a member of the Committee For Church Defence and Church Instruction and the
Bishop of St Albans The Bishop of St Albans is the Ordinary of the Church of England's Diocese of St Albans in the Province of Canterbury. The bishop is supported in his work by two suffragan bishops, the Bishop of Hertford and the Bishop of Bedford, and three ar ...
's Fund as well as being one of the governors of
Queen Anne's Bounty Queen Anne's Bounty was a scheme established in 1704 to augment the incomes of the poorer clergy of the Church of England, and by extension the organisation ("The Governors of the Bounty of Queen Anne for the Augmentation of the Maintenance of the ...
.''Ecclesiastical Intelligence'', The Times, 23 March 1907, p.9 On his death at the age of 82 in 1912 Gilliat was the oldest member of the Court of the Bank of England.


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* 1829 births 1912 deaths Alumni of University College, Oxford Conservative Party (UK) MPs for English constituencies Deputy Governors of the Bank of England English bankers Governors of the Bank of England People educated at Harrow School People from Chorleywood UK MPs 1886–1892 UK MPs 1892–1895 UK MPs 1895–1900 19th-century English businesspeople {{England-Conservative-UK-MP-1820s-stub