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Topic: Thomas Gresham


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  Sir Thomas Gresham - LoveToKnow 1911
The advice of Gresham was likewise sought by the government in all their money difficulties, and he was also frequently employed in various diplomatic missions.
Gresham died suddenly, apparently of apoplexy, on the 21st of November 1579.
A notice of Gresham is contained in Fuller's Worthies and Ward's Gresham Professors; but the fullest account of him, as well as of the history of the Exchange and Gresham College is that by J. Burgon in his Life and Times of Sir Thomas Gresham (2 vols., 1839).
www.1911encyclopedia.org /Sir_Thomas_Gresham   (691 words)

  
 Thomas GRESHAM (Sir Knight)
Gresham appreciated the value of Clough and would praise him generously, but he warned Cecil that Clough was 'very long and tedious in his writing'.
Gresham does not seem to have incurred much personal risk in his loans: on the contrary, he made enormous profits for himself out of his work for the Crown, and it is clear that he was often very unscrupulous in his methods.
Gresham got hold of a duplicate copy of his accounts, added a footnote acknowledging his claim, went off to Kenilworth where the Queen was staying and got her sanction to his claim.
www.tudorplace.com.ar /Bios/ThomasGresham.htm   (2482 words)

  
  Thomas Gresham
Sir Thomas Gresham (~1519 -1579) was an English financier who worked for King Edward VI of England and his half-sister Queen Elizabeth I of England.
He is credited with stating Gresham's Law, although the concept had been recognized for years, because he was the one who said it to Queen Elizabeth, while he was trying to persuade her to restore the debased currency.
Gresham appears as a background figure is a series of fictional mystery novels by the British author Valerie Anand (writing under the penname Fiona Buckley).
www.ebroadcast.com.au /lookup/encyclopedia/th/Thomas_Gresham.html   (196 words)

  
  Thomas Gresham: Definition and Links by Encyclopedian.com
Sir Thomas Gresham (~1519 -1579) was an English financier who worked for King Edward VI of England and his half-sister Queen Elizabeth I of England.
He is credited with stating Gresham's Law, although the concept had been recognized for years, because he was the one who said it to Queen Elizabeth, while he was trying to persuade her to restore the debased currency.
Gresham appears as a background figure is a series of fictional mystery novels by the British author Valerie Anand (writing under the penname Fiona Buckley).
www.encyclopedian.com /th/Thomas-Gresham.html   (359 words)

  
 Science Fair Projects - Gresham's law
Gresham's law applies specifically when there are two forms of commodity money in circulation which are forced, by the application of legal tender laws, to be respected as having the same face value in the marketplace.
Gresham's law says that any circulating currency consisting of both "good" and "bad" money, where both forms are required to be accepted at equal value under legal tender law, quickly becomes dominated by the "bad" money.
The statement was part of Gresham's explanation for the "unexampled state of badness" England's coinage had been left in following the "Great Debasements" of Henry VIII and Edward VI, which reduced the metallic value of English silver coins to a small fraction of what that value had been at the time of Henry VII.
www.all-science-fair-projects.com /science_fair_projects_encyclopedia/Gresham%27s_Law   (1654 words)

  
 Science Fair Projects - Thomas Gresham
Born in London and descended from an old Norfolk family, Gresham was the only son of Sir Richard Gresham, a leading London merchant, who for some time held the office of Lord Mayor, and who for his services as agent of Henry VIII in negotiating loans with foreign merchants received the honor of knighthood.
Queen Elizabeth also found Gresham useful in a great variety of other ways, including acting as jailer to Lady Mary Grey (sister of Lady Jane Grey), who, as a punishment for marrying Thomas Keys the sergeant porter, remained a prisoner in his house from June 1569 to the end of 1572.
Gresham died suddenly, apparently of apoplexy, on 21 November 1579.
www.all-science-fair-projects.com /science_fair_projects_encyclopedia/Thomas_Gresham   (989 words)

  
 Reference.com/Encyclopedia/Thomas Gresham
According to an ancient legend of the Greshams, the founder of the family, Roger de Gresham, was a foundling abandoned as a new-born baby in long grass in North Norfolk in the 13th century and found there by a woman whose attention was drawn to the child by a grasshopper.
Gresham Street in the City of London running east from St Martin's Le Grand near St Paul's Cathedral, past the Guildhall and the Bank of England is named after him.
Gresham appears as a background figure in a series of fictional mystery novels by the British author Valerie Anand writing under the pen-name of Fiona Buckley.
www.reference.com /browse/wiki/Thomas_Gresham   (1198 words)

  
 Sir Thomas Gresham - Encyclopedia.com
His name was given to Gresham's law, the economic principle that in the circulation of money "bad money drives out good," i.e., when depreciated, mutilated, or debased coinage (or currency) is in concurrent circulation with money of high value in terms of precious metals, the good money is withdrawn from circulation by hoarders.
It was thought that Gresham was the first to state the principle, but it has been shown that it was stated long before his time and that he did not even formulate it.
Tudor financier and speculator Sir Thomas Gresham (1519-1579), adviser to the juvenile...
www.encyclopedia.com /doc/1E1-GreshamT.html   (1084 words)

  
 Gresham's Law (tdctrade.com)   (Site not responding. Last check: )
Sir Thomas Gresham probably did not expect, when he expressed his opinion that "bad money drives out good", that it would become a dictum, and indeed a Law in monetary economics named after him.
Were he alive today, Sir Thomas Gresham would probably not be too interested in half a million - or even a million - Hong Kong dollars since he was able in the year 1551 to earn the extremely large sum (by the values of the time) of twenty shillings a day.
I also wonder whether Sir Thomas Gresham might have a view on the applicability of his Law when there is a market, and therefore an exchange rate, between the two currencies.
www.tdctrade.com /econforum/hkma/hkma021001.htm   (625 words)

  
 Wessex Archaeology : Projects : Wreck in the Thames : The link to Sir Thomas Gresham
Sir Thomas Gresham (1518/9 – 1579) was a highly successful merchant and entrepreneur who served Henry VIII, Edward IV and Elizabeth I in a variety of roles chiefly concerned with finance.
Gresham also undertook diplomatic missions, such as ambassador to the Court of the Duchess of Parma.
Gresham leased a second furnace near Frant, Wadhurst, in 1574 and he was given a second licence to export armaments in 1578.
www.wessexarch.co.uk /projects/marine/thameswreck/gresham.html   (585 words)

  
 Gresham College | About us
This was brought to fruition by Sir Thomas, on land provided by the City of London Corporation, and was given the royal appellation by Queen Elizabeth I. Sir Thomas was appointed Royal Agent in Antwerp by Edward VI, a position which he held throughout Mary’s reign and the first nine years of Elizabeth’s.
To mark the occasion A Brief History of Gresham College 1497-1997 was published, written by David Vermont, a former Chairman of the College, and former Gresham Professor The Rt Revd and Rt Hon Richard Chartres, Bishop of London.
Gresham College is an independent institution, governed by a Council and with the Lord Mayor of London as its President.
www.gresham.ac.uk /text.asp?PageId=3   (594 words)

  
 Victorian London - Education - Universities - Gresham College
This the first Gresham College was taken down in 1768; the ground on which it stood made over to the Crown for a perpetual rent of 500l.
GRESHAM COLLEGE, Basinghall Street, was founded by the munificent Sir Thomas Gresham, as a species of civic University, where lectures should daily be delivered by eminent professors, in divinity, astronomy, music, geometry, physic, rhetoric, and Roman law.
GRESHAM COLLEGE, Basinghall-street, a handsome stone edifice, designed by George Smith;, was opened Nov. 2, 1843, for the Gresham Lectures.
www.victorianlondon.org /education/greshamcollege.htm   (301 words)

  
 "Bad Money Drives Out Good"
It was formulated by Sir Thomas Gresham to explain to Queen Elizabeth I what was happening to the English shilling.
Gresham had more than a thousand years of fiscal history to observe this phenomenon.
Of course, she had a brilliant Sir Thomas Gresham to advise her; and Americans have the clowns at the Fed playing fiscal gamesmanship with our money, neo-Henry VIII style.
www.fff.org /comment/com0306q.asp   (1022 words)

  
 AIM25: City University: Gresham College and Lectures
In 1965 negotiations were conducted between the Gresham Grand Committee and the City University on a possible association of the lectures with the university.
The Gresham College Council was restructured in 1986-1987 and resulted in the discontinuation of the Gresham Lectures at City University.
Books relating to the foundation of Gresham College, the history of Gresham School, the lives of the professors of Gresham College, the Gresham lectures of Sir John Flamsteed, the Sir Thomas Gresham trusts, the life and times of Sir Thomas Gresham and genealogical memoranda.
www.aim25.ac.uk /cats/43/3318.htm   (448 words)

  
 Thomas Gresham - MedPort-Lexikon   (Site not responding. Last check: )
Nach dem Studium an der Universität Cambridge und dem Tod seines Vaters 1548 wurde Thomas der Mitinhaber des bestimmenden Handelshauses des elisabethanischen Zeitalters.
Daher stieg Gresham zum Berater des Königs Eduard VI.
Gresham trat auch als Mäzen der Künste und der Wissenschaften sowie als Förderer sozialer Einrichtungen in Erscheinung.
www.medport.de /lexikon/index.php/Thomas_Gresham   (446 words)

  
 Thomas Gresham Information
He called for the adoption of various methods -- highly ingenious, but quite arbitrary and unfair -- for raising the value of the pound sterling on the bourse of Antwerp, and this proved so successful that in a few years King Edward VI discharged almost all of his debts.
The unsettled times preceding the Dutch Revolt compelled him to leave Antwerp on 10 March 1567; but, though he spent the remainder of his life in London, he continued his business as merchant and financial agent of the government in much the same way as formerly.
Gresham's law takes its name from him (although others, including the astronomer Nicolaus Copernicus, had recognized the concept for years) because he urged Queen Elizabeth to restore the debased currency of England.
www.bookrags.com /Thomas_Gresham   (817 words)

  
 Homes of the Society - Gresham College and Arundel House (1660-1710)
Gresham College, the Royal Society's first home, was inaugurated as a seat of learning in 1597 as part of a bequest made by Sir Thomas Gresham (1519-1579), merchant and founder of the Royal Exchange.
Back at Gresham College, the poor state of the buildings and growing commercial pressures at the end of the seventeenth century led to calls for a redevelopment of the site.
An attempt by the Gresham trustees to obtain an act of Parliament which would oust the Society, by now renting rooms in the College, was thwarted by Robert Hooke FRS, the only Gresham Professor still in residence.
www.royalsoc.ac.uk /page.asp?id=1060&tip=1   (501 words)

  
 Royal Exchange (Pepys' Diary)
The Royal Exchange in the City of London was founded in 1565 by Sir Thomas Gresham to act as a centre of commerce for the city.
This commemorates the founder, Sir Thomas Gresham, whose crest it was.
The greatest of these was Sir Thomas Gresham (1517/18–79), advisor to Elizabeth I. “Gresham was chiefly responsible for establishing the Royal Exchange in 1565.
www.pepysdiary.com /p/189.php   (1332 words)

  
 Sir Thomas Gresham — FactMonster.com
He was the principal figure in the founding of the Royal Exchange, and he endowed Gresham College in London.
Gresham and the Pearl - Gresham and the Pearl When Queen Elizabeth visited the Exchange, Sir Thomas Gresham, it is said,...
Sir Thomas Gresham often wrote for money “in order to...
www.factmonster.com /ce6/people/A0821820.html   (264 words)

  
 Sir Thomas Gresham Page 1
After the accession of Queen Elizabeth, his good qualities attracted the peculiar notice of her Majesty, who was pleased to bestow on him the honour of knighthood; and at this time he built the noble house in Bishopsgate-street, which after his death was converted to the purposes of a College of his own foundation.
In the year 1564, Sir Thomas made an offer to the Corporation of London, that, if the City would give him a piece of ground, he would erect an Exchange at his own expense; and thus relieve the merchants from their present uncomfortable mode of transacting business in the open air.
Sir Thomas Gresham's exemplary life terminated suddenly on the 21st of November, 1579, after he had just paid a visit to the noble building which he had so generously founded.
www.web-books.com /Classics/YoungFolks/LondonBook/LondonBookC103P1.htm   (283 words)

  
 George Glazer Gallery - Sir Thomas Gresham, Founder of the Royal Exchange, London
Sir Thomas Gresham (c.1518/19-1579) belonged to the Mercers' Company (a London organization originally founded as a trade guild for textile importers and exporters).
Gresham stipulated in his will that revenue from the Exchange was to be used to fund an educational establishment to provide learned free lectures for the City of London.
Gresham College was founded in 1596 and continues to this day.
www.georgeglazer.com /prints/portraits/gresham.html   (520 words)

  
 A.Word.A.Day -- Gresham's law
Gresham, a financial adviser to Queen Elizabeth I, wrote to her "good and bad coin cannot circulate together."]
Gresham's law says that when both are required to be accepted as legal tender, inferior money remains in circulation while the good money tends to be hoarded or exported.
The shepherd always tries to persuade the sheep that their interests and his own are the same.
www.wordsmith.org /words/greshams_law.html   (242 words)

  
 November 21st
Sir Thomas destined his mansion to become a college, and to form the residence of the seven professors for whose salaries he provided by an endowment.
The mansion house itself; with the garden, stables, and apprutenances, were vested in the mayor, commonalty, and citizens, and in the wardens and commonalty of mercers, in trust to allow the lecturers to occupy the same, and there to inhabit and study, and daily to read the several lectures.
But Gresham College acquired a more illustrious association, for it may be regarded as the cradle of the Royal Society, which, in the early part of its history, viz.
www.thebookofdays.com /months/nov/21.htm   (0 words)

  
 Amazon.com: "Thomas Gresham": Key Phrase page   (Site not responding. Last check: )
William Rede the elder, of the Beccles family; the widow of his nephew, William Rede the younger, Anne Femeley, married Thomas Gresham, December 1544, whereupon the Mercers decided 'for divers good reasons' and because of his preferential marriage, he should be admitted...
John Gresham, gentleman, of Gresham-great-grandfather of the famous Thomas Gresham-lived in the latter part of the fourteenth century,...
I., 1614, between Thomas Gresham of Fulham, Esq., Richard Wenman of Frengford, co. Oxon, Esq., and Dame Elizabeth Garrard of Dorney, co....
amazon.com /phrase/Thomas-Gresham   (524 words)

  
 Thomas Gresham guest speaker at Kettle Creek DAR meeting
Thomas Gresham was welcomed to the Kettle Creek Chapter DAR by Mrs.
Thomas Gresham of Aiken, S.C., presented the program to members of the Kettle Creek Chapter DAR Monday, January 16, at the Washington Woman’s Club.
Gresham was born and reared in Aiken, S.C., where he collected arrowheads with his parents from a very early age.
www.news-reporter.com /news/2006/0119/Personalities/041.html   (130 words)

  
 SIR THOMAS GRESHAM (15... - Online Information article about SIR THOMAS GRESHAM (15...
Richard Gresham, a leading London merchant, who for some See also:
It is uncertain also whether it was before or after this that he was apprenticed to his See also:
John Gresham, who was also a merchant, but we have his own testimony that he served an See also:
encyclopedia.jrank.org /GRA_GUI/GRESHAM_SIR_THOMAS_1519_1579_.html   (394 words)

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