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See also:AISLABIE, See also:JOHN (1670-1742) , See also:English politician, was See also:born at Goodramgate, See also:York, on the 7th of See also:December 167o. He was the See also:fourth son of See also:George Aislabie, See also:principal registrar of the archiepiscopal See also:court of York. In 1695 he was elected member of See also:parliament for See also:Ripon. In 1712 he was appointed one of the commissioners for executing the See also:- OFFICE (from Lat. officium, " duty," " service," a shortened form of opifacium, from facere, " to do," and either the stem of opes, " wealth," " aid," or opus, " work ")
office of See also:lord high See also:admiral, and in 1714 became treasurer of the See also:navy, being sworn in two years later as a member of the privy See also:council. In See also:March 1718 he became See also:chancellor of the See also:exchequer. The proposal of the See also:South See also:Sea See also:Company to pay off the See also:national See also:debt was strenuously supported by Aislabie, and finally accepted in an amended See also:form by the See also:House of See also:Commons. After the collapse of that company a See also:secret See also:committee of inquiry was appointed by the Commons, and Aislabie, who had in the meantime resigned the See also:seals of his office, was declared guilty of having encouraged and promoted the South Sea See also:- SCHEME (Lat. schema, Gr. oxfjya, figure, form, from the root axe, seen in exeiv, to have, hold, to be of such shape, form, &c.)
scheme with a view to his own exorbitant profit, and was expelled the House. Though committed to the See also:Tower he was soon released, and was allowed to retain the See also:property he possessed before 1718, including his See also:country See also:estate, to which he retired to pass the See also:rest of his days. He died in 1742.
End of Article: AISLABIE, JOHN (1670-1742)
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