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HORNER, FRANCIS (1778–1817)

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Originally appearing in Volume V13, Page 710 of the 1911 Encyclopedia Britannica.
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HORNER, See also:FRANCIS (1778–1817) , See also:British economist, was See also:born at See also:Edinburgh on the 12th of See also:August 1778. After passing through the usual courses at the high school and university of his native See also:city, he devoted five years, the first two in See also:England, to comprehensive but desultory study, and in 'Soo was called to the Scottish See also:bar. Desirous, however, of a wider See also:sphere, Horner removed to See also:London in 1802, and occupied the See also:interval that elapsed before his See also:admission to the See also:English bar in 1807 with researches in See also:law, See also:philosophy and See also:political See also:economy. In See also:February 18o6 he became one of the commissioners for adjusting the claims against the See also:nawab of See also:Arcot, and in See also:November entered See also:parliament as member for St Ives. Next See also:year he sat for See also:Wendover, and in 1812 for St Mawes, in the patronage of the See also:marquis of See also:Buckingham. In 1811, when See also:Lord See also:Grenville was organizing a prospective See also:ministry, Horner had the offer, which he refused, of a See also:treasury secretaryship. He had resolved not to accept See also:office till he could afford to live out of office; and his professional income, on which he depended, was at no See also:time proportionate to his abilities. His labours at last began to tell upon a constitution never robust, and in See also:October 1816 his physicians ordered him to See also:Italy, where, however, he sank under his malady. He died at See also:Pisa, on the 8th of February 1817. IIe was buried at See also:Leghorn, and a See also:marble statue by See also:Chantrey was erected to his memory in See also:Westminster See also:Abbey. Without the advantages of See also:rank, or See also:wealth, or even of See also:genius, Francis Horner See also:rose to a high position of public See also:influence and private esteem. His See also:special See also:field was political economy.

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Master of that subject, and exercising a sort of moral as well as intellectual influence over the See also:House of See also:Commons he, by his See also:nervous and See also:earnest rather than eloquent See also:style of speaking, could See also:fix its See also:attention for See also:hours on such dry topics as See also:finance, and coinage, and currency. As chairman of the See also:parliamentary See also:committee for investigating the depreciation of See also:bank-notes, for which he moved in 181o, he extended and confirmed his fame as a political economist by his See also:share in the famous See also:Bullion See also:Report. It was chiefly through his efforts that the See also:paper-issue of the English See also:banks was checked, and See also:gold and See also:silver reinstated in their true position as circulating See also:media; and his views on See also:free See also:trade and See also:commerce have been generally accepted at their really high value. Horner was one of the promoters of the Edinburgh See also:Review in ,8oz. His articles in the See also:early See also:numbers of that publication, chiefly on political economy, See also:form his only See also:literary See also:legacy. See See also:Memoirs and See also:Correspondence of Francis Horner, M.P., published by his See also:brother (see below) in 1843. Also the Edinburgh and Quarterly Reviews for the same year; and See also:Blackwood's See also:Magazine, vol. i.alluvial lands of See also:Egypt; and in 1843. he published his See also:Life o' his brother Francis. He died in London on the 5th of See also:March 1864. See Memoir of Leonard Horner, by Katherine M. See also:Lyell (1890) (privately printed).

End of Article: HORNER, FRANCIS (1778–1817)

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