Cornelius Buller
English banker (1772-1849)
From Wikipedia, the free encyclopedia
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.
Cornelius Buller | |
|---|---|
| Born | 22 March 1772 |
| Died | 11 April 1849 (aged 77) |
| Occupations | banker, Governor of the Bank of England from 1824–26 |
| Spouse |
Mary Down (m. 1801) |
| Children | 10 |
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.
