‘Writes a fair hand and appears to be well qualified’: the recruitment of Bank of England clerks, 1800–1815

Author:

Murphy Anne L.

Abstract

The financial strains of the Revolutionary and Napoleonic Wars had a significant impact on the Bank of England. In its position as banker to the state and manager of the state's debt, it experienced a significant increase in workload and thus was forced rapidly to expand its workforce. From a complement of around 300 in the mid 1780s, the number of clerks employed had increased to over 900 in 1815. Using a unique set of records preserved in the Bank's archives, this article investigates the backgrounds and skills of the men recruited during the expansion of the early nineteenth century. It finds a significant gap between the skills required by the Bank and the skills possessed by its potential workforce.

Publisher

Cambridge University Press (CUP)

Subject

Finance,History

Reference57 articles.

1. Australian Dictionary of Biography , http://adb.anu.edu.au/

2. Bank of England Archive: M5/376, Secretary's Department: Committee for House and Servants, Minutes, 21 Jun. 1744 – 3 Oct. 1787.

3. Bank of England Archive: M5/406, Committee for Examination of Clerks: qualifications reports, 3 Jan. 1799 – 10 Jul. 1806.

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