Cornelius Buller

Cornelius Buller
Born22 March 1772
Died11 April 1849
Occupation(s)banker, Governor of the Bank of England from 1824–26

Cornelius Buller (22 March 1772 – 11 April 1849) was an English banker who served as Governor of the Bank of England from 1824 to 1826.

Life

He was the eldest son of Richard Buller of Devonshire Place, London,[1] who died in 1824 at age 91.[2]

Buller had been Deputy Governor from 1822 to 1824. He replaced John Bowden as Governor and was succeeded by John Baker Richards.[3]

Buller's tenure as Governor occurred during the Panic of 1825. In the early days of December 1825, he recused himself from efforts to save the bank Pole, Thornton & Down, leaving the issue to his deputy Richards because of his family connections to the bank.[4]

In 1831, Buller was head of R. Buller & Co. of Lothbury when it failed.[5] In the aftermath he sold his Bank of England stock, making him ineligible to continue as a director of the Bank.[6]

Buller died in Kensington in 1849.[7]

Family

Buller, then a merchant of Crosby Square, married Mary Down, daughter of Richard Down, on 4 May 1801. The couple had seven sons and three daughters.[8][9]

Buller was from a prominent Cornish family that included Sir Richard Buller, General Sir George Buller, General Sir Redvers Buller and the Barons Churston.

See also

References

  1. ^ "Married". Morning Post. 7 May 1801. p. 3.
  2. ^ "Died". Sun (London). 10 January 1824. p. 4.
  3. ^ Governors of the Bank of England. Archived 2012-02-12 at the Wayback Machine Bank of England, London, 2013. Archived here. Retrieved 21 March 2016.
  4. ^ "Pole, Sir Peter, 2nd bt. (1770-1850), of Wolverton, Hants". historyofparliamentonline.org.
  5. ^ "The Funds—Stock Exchange, Saturday". The News (London). 28 March 1831. p. 4.
  6. ^ "Mercantile Failure". Preston Chronicle. 2 April 1831. p. 2.
  7. ^ England & Wales, National Probate Calendar (Index of Wills and Administrations), 1858-1966, 1973-1995
  8. ^ "Marriages". Star (London). 6 May 1801. p. 4.
  9. ^ Lodge, Edmund (1907). The peerage, baronetage, knightage & companionage of the British Empire. London: Kelly's Directories. p. 458.
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