Online Encyclopedia

JAMES WILLIAM GILBART (1794-1863)

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Originally appearing in Volume V12, Page 7 of the 1911 Encyclopedia Britannica.
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JAMES WILLIAM GILBART (1794-1863)  ,
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English writer on banking, was born in
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London on the 21st of March 1794 . From 1813 to 1825 he was clerk in a London
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bank . After a two years' residence in
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Birmingham, he was appointed manager of the Kilkenny branch of the Provincial Bank of Ireland, and in 1829 he was promoted to the
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Waterford branch . In 1834 he became manager of the London and Westminster Bank; and he did much to develop the
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system of joint-stock banking . On more than one occasion he rendered valuable services to the joint-stock banks by his evidence before committees of the House of
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Commons; and, . on the renewal of the bank charter in 1844, he procured the insertion of a clause granting to joint-stock banks the power of suing by their public officer, and also the right of accepting bills at less than six months' date . In 1846 he was elected a
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fellow of the Royal Society . He died in London on the 8th of August 1863 . The Gilbart lectures on banking at King's College are called after him . The following are his
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principal
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works on banking, most of which have passed through more than one edition:
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Practical
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Treatise on Banking (1827) ; The
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History and Principles of Banking (1834); The History of Banking in
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America (1837) ; Lectures on the History and Principles of Ancient Commerce (1847); Logic for the Million (1851); and Logic of Banking (1857) .

End of Article: JAMES WILLIAM GILBART (1794-1863)
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