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Matthew Marshall

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Matthew Marshall by Thomas Mackinlay, Bank of England Museum, London.[1]

Matthew Marshall (1791–1873) was the Chief Cashier of the Bank of England from 1835 to 1864.[2]

Life

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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.[3]

Marshall worked at the Bank of England for 54 years, retiring in 1864.[4] 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".[5] His signature as cashier was on the notes; from 1855 to 1865 it appeared as a watermark, a distinctive measure not then continued.[6][7]

Marshall was replaced as Chief Cashier by William Miller, his deputy and son-in-law.[2][8] He retired on full salary, and died at Amersham House, Beckenham, Kent.[3]

Family

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Marshall married Charlotte Jane Wilkin in 1820: they had a son Matthew and a daughter Elizabeth.[9] Matthew Marshall Jr. set up the broking firm Marshall & Sons, in the family to 1967, when it was taken over by Cater Ryder.[10]

References

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  1. ^ "Matthew Marshall (1791–1873), Chief Cashier of the Bank of England (1829–1835) | Art UK".
  2. ^ a b Chief Cashiers. Bank of England. Retrieved 20 September 2014.
  3. ^ a b Gibbs, Robert (1888). "Worthies of Buckinghamshire and Men of Note of that County". Internet Archive. p. 269. Retrieved 7 October 2016.
  4. ^ The Bankers' Magazine. BPC (Bankers' Magazine) Limited. 1873. p. 762.
  5. ^ The Bankers' magazine and journal of the money market. 1855. p. 44.
  6. ^ The Bankers Magazine. Warren, Gorham & Lamont, Incorporated. 1854. p. 690.
  7. ^ A. D. Mackenzie (1953). The Bank of England Note: A History of Its Printing. CUP Archive. p. 114. GGKEY:U7FNYLHYLNR.
  8. ^ The Bankers' Magazine. BPC (Bankers' Magazine) Limited. 1864. p. 611.
  9. ^ "Summary of Individual Matthew Marshall (1791–1873), Legacies of British Slave-ownership". Retrieved 7 October 2016.
  10. ^ "Tullett Prebon Interdealer Broking History". Retrieved 7 October 2016.