John Horsley Palmer
John Horsley Palmer | |
|---|---|
| Born | Template:Birth date England |
| Died | February 7, 1858 (aged 78) |
| Occupation | Financial figure |
| Known for | Governor of the Bank of England (1830–1833) |
John Horsley Palmer (7 July 1779 – 7 February 1858) was an English financial figure who held the position of Governor of the Bank of England from 1830 until 1833.
Life
Palmer was the fourth son born to William Palmer, a London-based merchant associated with Wanlip, Leicestershire and later Nazeing Park, Essex, and Mary Horsley, whose father John Horsley served as rector of Thorley, Hertfordshire. Among his distinguished siblings was his elder brother, George Palmer (MP for South Essex).
He received his education at Charterhouse School and took part in the inaugural cricket match between Charterhouse and Westminster School in 1794.
Palmer began his tenure at the Bank of England as a Director in 1811, maintaining this role until 1857. He advanced to Deputy Governor from 1828 to 1830 before serving as Governor from 1830 to 1833. In June 2020, following investigations by UCL’s Centre for the Study of the Legacies of British Slave-ownership, the Bank publicly apologized for Palmer’s connection to the slave trade.
In 1820, he purchased Hurlingham House located in Fulham, enlarging its grounds by six acres and subsequently leasing it to a sibling of the Duke of Wellington.
As a participant in the Political Economy Club, Palmer authored three publications, including The Causes and Consequences of the Pressure Upon the Money-market.
He passed away at age 78 and was laid to rest at Kensal Green Cemetery.
Family
On 16 November 1810, Palmer wed Elizabeth Belli, daughter of John Belli and Elizabeth Stuart Cockerell. Her likeness was captured by the artist Thomas Lawrence.