Joshua Bates (financier)

Joshua Bates (October 10, 1788 – September 24, 1864) was an American international financier who divided his life between the United States and the United Kingdom.

Joshua Bates
Daguerreotype of Bates (c. 1850)
Born(1788-10-10)October 10, 1788
Weymouth, Massachusetts, U.S.
DiedSeptember 24, 1864(1864-09-24) (aged 75)
SpouseLucretia Augusta Sturgis
Children2
Parent(s)Joshua Bates
Tirzah Pratt Bates
RelativesSylvain Van de Weyer (son-in-law)

Early life

Bates was born in Commercial St., Weymouth, Massachusetts on October 10, 1788. He was the son of Col. Joshua Bates (1755–1804), who fought in the American Revolutionary War,[1] and Tirzah (née Pratt) Bates (1764–1841).[2] After his father's death in 1804, his mother remarried to Ebenezer Hunt (1760–1832) in 1808.[3] His sister, Nancy Bates, was married to Capt. Warren Weston, the mother of abolitionist Maria Weston Chapman (who Bates paid for her education in London).[4]

His paternal grandparents were Abraham Bates and Sarah (née Tower) Bates.[3]

Career

Early in his career, he worked for William Gray, owner of Gray's Wharf in Charlestown.[5] A merchant and a banker, in 1828 Bates became associated with the great house of Baring Brothers & Co. of London, of which he eventually became the senior partner. He was arbitrator of the commission convened in 1853 to settle the claims of American citizens arising from the War of 1812.

In 1852, he founded the Boston Public Library by giving $50,000 for that purpose (equivalent to $1,758,800 in 2022), with the provision that the interest of the money should be expended for books of permanent value, and that the city should make adequate provision for at least 100 readers. He afterward gave 30,000 volumes to the institution, the main hall ("Bates Hall") of which is named after him.

Bates was prominent among expatriate Americans in London in the years before and during the Civil War, including diplomats Charles Francis Adams and Henry Adams, and was active in support of the Union cause.[6] As a patron of the arts he commissioned canvases from Thomas Cole, including a nostalgic view of Boston,[7] for his house in Portland Place. The house he built for his daughter and son-in-law, New Lodge, was near Windsor. As the representative of her uncle Leopold I of Belgium, also an uncle of Albert of Saxe Coburg Gotha, Sylvain and his charming American wife were popular with Victoria and her court.

Personal life

Bates married Lucretia Augusta Sturgis (1787–1863);[8] she was the first cousin of Captain William Sturgis and of Nathaniel Russell Sturgis, both of Boston.[3] Together, they were the parents of:[9]

  • William Rufus Gray Bates (1815–1834), who died young.[3]
  • Elizabeth Anne Sturgis Bates (1817–1878), who married Belgian Prime Minister Sylvain Van de Weyer.[10]

Bates died on September 24, 1864. He was buried at Kensal Green Cemetery in the London Borough of Brent in England.

Descendants

Through his daughter Elizabeth, he was the grandfather of seven, including Eleanor Van de Weyer, who married Reginald Baliol Brett, 2nd Viscount Esher (their daughter, Sylvia Brett, married Charles Vyner de Windt Brooke, and became the last Rani of Sarawak);[11] Alice Emma Sturgis van de Weyer, married the Hon. Charles Brand (4th son of Henry Brand, 1st Viscount Hampden).[12]

See also

Notes
  1. Dictionary of American Biography. Scribner. 1937. p. 52. Retrieved 19 February 2019.
  2. Revolutionary War Period: Bible, Family & Marriage Records Gleaned from Pension Applications. 2006. p. 62. Retrieved 20 February 2019.
  3. Chambers, Lee V. (2014). The Weston Sisters: An American Abolitionist Family. UNC Press Books. p. 189. ISBN 9781469618180. Retrieved 19 February 2019.
  4. History of Weymouth, Massachusetts. Higginson Book Company. 1923. p. 729. Retrieved 19 February 2019.
  5. Timothy Thompson Sawyer. Old Charlestown: historical, biographical, reminiscent. J.H. West Co., 1902
  6. Persuading John Bull: Union and Confederate Propaganda in Britain, 1860–65 By Thomas E. Sebrell, page 110
  7. Boston Beheld: Antique Town and Country Views By D. Brenton Simons
  8. Harden, Edgar F. (2016). Routledge Revivals: The Letters and Private Papers of William Makepeace Thackeray, Volume II (1994): A Supplement to Gordon N. Ray, The Letters and Private Papers of William Makepeace Thackeray. Routledge. p. 880. ISBN 9781315445229. Retrieved 20 February 2019.
  9. Tribute of Boston Merchants to the Memory of Joshua Bates: October, 1864. J. Wilson and Son. 1864. Retrieved 19 February 2019.
  10. Venn, John (2011). Alumni Cantabrigienses: A Biographical List of All Known Students, Graduates and Holders of Office at the University of Cambridge, from the Earliest Times to 1900. Cambridge University Press. p. 276. ISBN 9781108036160. Retrieved 19 February 2019.
  11. Clune, David; Turner, Ken (2009). The Governors of New South Wales 1788-2010. Federation Press. p. 373. ISBN 9781862877436. Retrieved 19 February 2019.
  12. Burke, Bernard (1898). A Genealogical and Heraldic History of the Landed Gentry of Great Britain & Ireland. Harrison & Sons. p. 1512. Retrieved 19 February 2019.

References

Publications
Wikimedia Commons has media related to Joshua Bates.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.