L&T Archive 1998-2003

MT: Henry's bankruptcy

JA's favourite brother Henry probably caused more distress to the family than any other member, though he doesn't seem to have been much at fault. This information comes from George Holbert Tucker's `A History of Jane Austen's Family' -- a great read!

In 1813 Henry was made Receiver General for Taxes for Oxfordshire (I'm not at all certain what that means: can anyone cast any light?) His uncle James Leigh Perrot and his brother Edward Knight acted as his sureties for ten thousand and twenty thousand pounds respectively. The inflationary war economy made things prosper.

However, Waterloo brought deflation. The failure of the Alton bank of which Henry was a partner brought down the London bank of Austen, Maunde and Tilson in March 1816. No personal extravagance was attibuted to Henry, but his bankruptcy caused serious losses to several members of the family, particularly his guarantors. JA lost a little over thirteen pounds, part of her profits from Mansfield Park.

Tucker adds that the strain of the worry came at the beginning of her critical illness, and added greatly to her physical distress.

Messages In This Thread

MT: Henry's bankruptcy
Receiver General &c
Enlightenment!
Biographical notice
Thanks for that. nfm
Tilson's bank: a wild speculation, and a sober thought
Very quick response
"Ministry of All Talents"?
Ministry of All the Talents
What does the name mean? nfm
More on the `Talents'
Moira and Wentworth Woodhouse?
Earl of Moira
Lord Moira: a correction and some additions.
A Repentance Offering
To pluck a rose....
Ah, plumbing! I love to learn about plumbing. nfm
Learn Something New Here Every Day - nfm
On Moira/ Hastings...
Of two Hastingses
No idea!
A couple of contemporary bankers
Sarcasm