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Authorised form of nameFauquier; Francis (1703 - 1768)
Dates1703 - 1768
Date of birth11 July 1703
Place of deathWilliamsburg, Virginia
Date of death03 March 1768
DatesAndPlacesBaptism:
St Andrew Undershaft (11 July 1703)
ActivityCareer:
Director of the South Sea Company (1751); Lieutenant-Governor of Virginia (1758)
Membership categoryFellow
Date of election15/02/1753
RelationshipsSon of Dr John Francis Fauquier, one of the Directors of the Bank of England; Brother of William Fauquier (FRS 1747)
OtherInfoThe 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.
SourceSources:
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
CodeNA3835
Archives associated with this Fellow
RefNoTitleDate
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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