1666 - 350 in 66 items
1666 - 350 in 66 items
1666 - 350 in 66 items
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<strong>350</strong> YEARS IN <strong>66</strong> ITEMS<br />
59. Morris and Clayton £100 Cheque, drawn by Sir John Lewis, London, June 26 th 1<strong>66</strong>3,<br />
190 x 155mm, marked Clayton MSS on reverse, good very f<strong>in</strong>e and rare.<br />
*Morris & Clayton were scriveners, merchant bankers and estate agents. They were one of the orig<strong>in</strong>al<br />
banks <strong>in</strong> the United K<strong>in</strong>gdom. Their unique contribution to bank<strong>in</strong>g history was to <strong>in</strong>tegrate the<br />
mortgage as a form of long-term security for loans. Sir Robert Clayton (1629-1707) was a banker (also<br />
one of first Directors of the Bank of England) and politician, who amassed a huge fortune through<br />
money lend<strong>in</strong>g <strong>in</strong> partnership with John Morris (1625-83). They lent money to landowners who were<br />
driven by the Civil War and Cromwellian period to seek credit <strong>in</strong> London. They dom<strong>in</strong>ated the market.<br />
Sir John Lewis was a senior London merchant, ironmonger, ship owner, knight and baronet who made<br />
his fortune <strong>in</strong> the East Indies and Persia (where he lived for ten years as a factor) with the East India<br />
Company. Pepys comments <strong>in</strong> his diary:<br />
“… down to the Lewes, Capta<strong>in</strong> Dek<strong>in</strong>s, his ship, a merchantman, where we met the owners Sir John Lewis<br />
and Alderman Lewes …”<br />
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