Matthew Marshall Explained

Matthew Marshall (1791–1873) was the Chief Cashier of the Bank of England from 1835 to 1864.[1]

Life

He was the fourth son of John and Mary Marshall of Amersham; James Henry Marshall of Aylesbury was an elder brother. He started work at the Bank of England in 1810, at age 19.[2]

Marshall worked at the Bank of England for 54 years, retiring in 1864.[3] For a period to 1855, banknotes bore the words "I promise to pay Matthew Marshall or bearer", then changing to "I promise to pay to bearer, on demand".[4] His signature as cashier was on the notes; from 1855 to 1865 it appeared as a watermark, a distinctive measure not then continued.[5] [6]

Marshall was replaced as Chief Cashier by William Miller, his deputy and son-in-law.[1] [7] He retired on full salary, and died at Amersham House, Beckenham, Kent.[2]

Family

Marshall married Charlotte Jane Wilkin in 1820: they had a son Matthew and a daughter Elizabeth.[8] Matthew Marshall Jr. set up the broking firm Marshall & Sons, in the family to 1967, when it was taken over by Cater Ryder.[9]

Notes and References

  1. http://www.bankofengland.co.uk/banknotes/Pages/about/chief_cashiers.aspx Chief Cashiers.
  2. Web site: Worthies of Buckinghamshire and Men of Note of that County. Gibbs. Robert. 1888. Internet Archive. 269. 7 October 2016.
  3. Book: The Bankers' Magazine. 1873. BPC (Bankers' Magazine) Limited. 762.
  4. Book: The Bankers' magazine and journal of the money market. 1855. 44.
  5. Book: The Bankers Magazine. 1854. Warren, Gorham & Lamont, Incorporated. 690.
  6. Book: A. D. Mackenzie. The Bank of England Note: A History of Its Printing. 1953. CUP Archive. 114. GGKEY:U7FNYLHYLNR.
  7. Book: The Bankers' Magazine. 1864. BPC (Bankers' Magazine) Limited. 611.
  8. Web site: Summary of Individual Matthew Marshall (1791–1873), Legacies of British Slave-ownership. 7 October 2016.
  9. Web site: Tullett Prebon Interdealer Broking History. 7 October 2016.