John Horsley Palmer (7 July 1779 – 7 February 1858) was an English banker and Governor of the Bank of England.
Life
Palmer was the fourth son and seventh child of William Palmer of Wanlip, Leicestershire (1748?–1821) and later of Nazeing Park, Essex, a London merchant, and his wife Mary Horsley (born 1747), daughter of John Horsley the rector of Thorley, Hertfordshire, and sister of Samuel Horsley. George Palmer (MP for South Essex) was his elder brother, and William Jocelyn Palmer Sir Ralph Palmer were also brothers.
He was educated at Charterhouse School where in 1794 he took part in the first school cricket match against Westminster School.
Palmer became a Director of the Bank of England in 1811, remaining until 1857. He served as Deputy Governor of the bank from 1828 to 1830, and Governor from 1830 to 1833. In June 2020 the Bank of England issued a public apology for the involvement of Palmer, 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.
In 1820, he purchased Hurlingham House in Fulham. He extended the property at Hurlingham by six acres, and let it to the brother of the Duke of Wellington.
He was a member of Political Economy Club and published several pamphlets including The Causes and Consequences of the Pressure Upon the Money-market .
Palmer died aged 78 and was buried in Catacomb B at Kensal Green Cemetery.
Family
Palmer married Elizabeth Belli, daughter of John Belli and Elizabeth Stuart Cockerell, on 16 November 1810. Her portrait was painted by Thomas Lawrence.
References
- ^ "Search Results for Palmer, George (1772–1853), merchant and philanthropist". Oxford Dictionary of National Biography. 23 September 2004. Retrieved 9 December 2020.
- ^ Lee, Sidney, ed. (1895). "Palmer, George" . Dictionary of National Biography. Vol. 43. London: Smith, Elder & Co.
- "George Palmer: Profile & Legacies Summary". Legacies of British Slave-ownership. Retrieved 8 December 2020.
- J K Horsefield The Opinions of Horsley Palmer Economica Vol 16 No 62
- Jolly, Jasper (18 June 2020). "Bank of England apologises for role of former directors in slave trade". The Guardian. ISSN 0261-3077. Retrieved 19 June 2020.
- ^ "The Estate - The Hurlingham Club". hurlinghamclub.org.uk.
- "Home - Friends Of Kensal Green". Friends Of Kensal Green. Archived from the original on 4 November 2012. Retrieved 22 September 2011.
- "Person Page". thepeerage.com.
- Sothebys Portrait of Elizabeth, Mrs Horsley Archived 2014-05-12 at the Wayback Machine
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| Preceded bySamuel Drewe | Governor of the Bank of England 1830 - 1833 |
Succeeded byRichard Mee Raikes |
| Governors of the Bank of England (1694–present) | |
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| England (1694–1707) |
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| Great Britain (1707–1801) |
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| Great Britain and Ireland (1801–1922) |
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| Great Britain and Northern Ireland (1922–present) |
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