Record

Authorised form of nameBurnett; William (1688 - 1729)
Other forms of surnameBurnet
Dates1688 - 1729
NationalityBritish
Place of birthThe Hague, Netherlands
Date of birth16 February 1688
Place of deathBoston, Massachusetts
Date of death07 September 1729
ActivityEducation:
Trinity College, Cambridge; MA (1702); Leyden
Career:
Had a post in the Revenue; lost money in the South Sea Bubble; Governor of New York and New Jersey (1720); transferred against his will to be Governor of Massachusetts (1728) and of New Hampshire (1729), where he quarrelled with the assembly who refused him a fixed salary
Membership categoryFellow
Date of election13/02/1706
RSActivityRoyal Society roles:
Council: 1715-1716
RelationshipsSon of Gilbert Burnett, Bishop of Salisbury (FRS 1664)and his second wife, Mary Scott; brother of Gilbert Burnett (FRS 1723) and Sir Thomas Burnett (FRS 1748).
Married; 1) a daughter of Dean Stanhope; 2) Anna Maria (Mary), daughter of Abraham Van Hoorne of New York and his wife, Mary Prevost
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.
SourceSources:
Bulloch's Roll; DAB; DNB (father's entry); Venn; Dalton George I; Thomas
References:
P Fontes da Costa, 'The Culture of Curiosity at The Royal Society in the first half of the eighteenth century', NR 2002 vo l56 pp 147-166
Notes:
DNB and DAB list him under Burnet.
CodeNA5646
Archives associated with this Fellow
RefNoTitleDate
MS/390/122Bond of William Burnet to the Treasurer of the Royal Society25 March 1706
EL/C2/33Letter, from John Craig to William Burnet, dated at Gillingham25 March 1712
CLP/8i/76Paper, 'Four observations of the eclipses of the first satellite of Jupiter made in the fort of New York for determining the longitude of that place. Its latitude was formerly determin'd to be 40°40'' by W [William] Burnet, C [Cadwallader] Colden and J [James] Alexander1724
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