Abstract
Governor of the Bank of England from 1830 to 1833, Palmer was a significant participant in 19th-century controversies concerning the Bank’s proper management. In 1802 he entered into a partnership with two others as East India merchants and shipowners, and remained active in business until weeks before his death in 1858. ‘[A] vigorous, outspoken man’ (Clapham 1944, vol. 2, p. 114), he was first elected a director of the Bank in 1811 and was regularly re-elected thereafter except for the usual hiatus every third year before 1828 and again in 1845–6. By 1857, when his service terminated, he was the senior director of the Court.
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Bibliography
British Sessional Papers, session year, Parliamentary Paper number, volume number, pages of Palmer’s testimony: 1831–2 (722), VI, 7–70. 1840 (602), IV, 103–41. 1847–8 (395), VIII, Pt. 1, 147–68; Pt. 2, 521–3; 1847–8 (565), VIII, Pt. 3, 79–124. 1857, 2d sess. (220), X, Pts. 1, 2, App., 6 (Palmer letter, dated 15 October 1856); Index, 452.
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Schwartz, A.J. (2018). Palmer, John Horsley (1779–1858). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1847
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DOI: https://doi.org/10.1057/978-1-349-95189-5_1847
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