Record

Authorised form of nameFauquier; Francis (1703 - 1768)
SurnameFauquier
ForenamesFrancis
Dates1703 - 1768
Dates and placesBirth:
After 26 March 1703
Baptism:
St Andrew Undershaft (11 July 1703)
Death:
Williamsburg, Virginia (03 March 1768)
ActivityCareer:
Director of the South Sea Company (1751); Lieutenant-Governor of Virginia (1758)
Royal Society activityMembership:
Fellow
Election Date:
15/02/1753
RelationshipsSon of Dr John Francis Fauquier, one of the Directors of the Bank of England; Brother of William Fauquier (FRS 1747)
General contextThe South Sea Company (officially The Governor and Company of the merchants of Great Britain, trading to the South Seas and other parts of America, and for the encouragement of the Fishery) was a British joint-stock company founded in 1711, created as a public-private partnership to consolidate and reduce the cost of the national debt. To generate income, in 1713 the company was granted a monopoly (the Asiento) to supply enslaved Africans to the islands in the 'South Seas' and South America. Company stock rose greatly in value as it expanded its operations dealing in government debt, and peaked in 1720 before suddenly collapsing to little above its original flotation price. The notorious economic bubble thus created, which ruined thousands of investors, became known as the South Sea Bubble. The South Sea Company (officially The Governor and Company of the merchants of Great Britain, trading to the South Seas and other parts of America, and for the encouragement of the Fishery) was a British joint-stock company founded in 1711, created as a public-private partnership to consolidate and reduce the cost of the national debt. To generate income, in 1713 the company was granted a monopoly (the Asiento) to supply enslaved Africans to the islands in the 'South Seas' and South America. Company stock rose greatly in value as it expanded its operations dealing in government debt, and peaked in 1720 before suddenly collapsing to little above its original flotation price. The notorious economic bubble thus created, which ruined thousands of investors, became known as the South Sea Bubble.
SourcesSources:
Bulloch's Roll; DNB; DAB; Guildhall Library MS. 4107/3
References:
Frank R Freemon, 'American Colonial Scientists Who Published in the Philosophical Transactions of the Royal Society' in NR 1984-85 vol 39 pp 191-206
Royal Society codeNA3835
Archives associated with this Fellow
Reference numberTitleDate
EC/1752/30Fauquier, Francis: certificate of election to the Royal Society
L&P/3/333Letter, 'Of a storm of hail in Virginia' from Francis Fauquier to William Fauquier18 October 1758
MM/17/39Letter from Isaac Newton to JF Fauquier 27 July 1720
EC/1752/29Fauquier, Francis: certificate of election to the Royal Society
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