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THORNTON, HENRY (1760—1815)

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Originally appearing in Volume V26, Page 881 of the 1911 Encyclopedia Britannica.
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THORNTON, See also:HENRY (1760—1815) , See also:English banker and economist, was See also:born on the loth of See also:March 1760. In 1784 he became a member of the banking See also:firm of Downie, See also:Free & Thornton, with which he was associated till his See also:death on the 16th of See also:January 1815. In 1783 he was elected member of See also:parliament for See also:Southwark, a See also:constituency which he represented for the See also:rest of his See also:life. Although an indifferent See also:speaker, he soon acquired a high reputation as an authority on See also:financial matters. This reputation he confirmed by An Inquiry into the Nature and Effects of the See also:Paper Currency of See also:England (1802), defending the legislature in suspending See also:cash payments. He strongly supported the income tax on its See also:original See also:imposition in 1798, but was in favour of a graduated See also:system, and indeed paid. his own income tax " on the See also:scale of his ideal, not his legal See also:debt." He was one of the founders of the Sierra Leone See also:Company (see SIERRA LEONE) and its chairman until the See also:colony was taken over by the English See also:government.

End of Article: THORNTON, HENRY (1760—1815)

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