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Encyclopedia Britannica - Main :: HIG-HOR |
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HORNER, FRANCIS (17781817) , British economist, was born at Edinburgh on the 12th of August 1778. After passing through the usual courses at the high school and university of his native city, he devoted five years, the first two in England, to comprehensive but desultory study, and in 'Soo was called to the Scottish bar. Desirous, however, of a wider sphere, Horner removed to London in 1802, and occupied the interval
that elapsed before his admission to the English bar in 1807 with researches in law, philosophy and political economy
parliament as member for St Ives. Next year he sat for Wendover, and in 1812 for St Mawes, in the patronage of the marquis of Buckingham. In 1811, when Lord Grenville was organizing a prospective ministry, Horner had the offer, which he refused, of a treasury secretaryship. He had resolved not to accept office till he could afford to live out of office; and his professional income, on which he depended, was at no time proportionate to his abilities. His labours at last began to tell upon a constitution never robust, and in October 1816 his physicians ordered him to Italy, where, however, he sank under his malady. He died at Pisa, on the 8th of February 1817. IIe was buried at Leghorn, and a marble statue by Chantrey was erected to his memory in Westminster Abbey.Without the advantages of rank, or wealth, or even of genius, Francis Horner rose to a high position of public influence and private esteem. His special
economy
House
earnest rather than eloquent style of speaking, could fix its attention for hours on such dry topics as finance, and coinage, and currency. As chairman of the parliamentary committee for investigating the depreciation of bank-notes, for which he moved in 181o, he extended and confirmed his fame as a political economist by his share in the famous Bullion Report. It was chiefly through his efforts that the paper -issue of the English banks was checked, and gold and silver reinstated in their true position as circulating media; and his views on free trade and commerce have been generally accepted at their really high value. Horner was one of the promoters of the Edinburgh Review in ,8oz. His articles in the early numbers of that publication, chiefly on political economy, form his only literary legacy.See Memoirs and Correspondence of Francis Horner, M.P., published by his brother (see below) in 1843. Also the Edinburgh and Quarterly Reviews for the same year; and Blackwood's Magazine, vol. i.alluvial lands of Egypt
See Memoir of Leonard Horner, by Katherine M. Lyell (1890) (privately printed). End of Article: HORNER, FRANCIS (17781817) If you wish, you can link directly to this article.
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