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Humphry Morice was Director of the Bank of England four times. He also served as Deputy Governor from 1725–1727 and as Governor from 1727–1729. After his death, it was discovered that while in office he had cheated the Bank of England out of £29,000 (around £6.9 million today). The lengthy court proceedings following his death led to his business papers being held by the Bank of England, later becoming part of the Bank of England’s Archive. A lot of this material reveals his extensive involvement in the slave trade. From around 1704, Morice began participating in the West African slave trade after the monopoly held by the Royal African Company was ended by Parliament. His interests were primarily in transporting enslaved West Africans to plantations in North America and the Caribbean, investing in at least 103 voyages to Africa.
Bank of England Museum
London
Title
Humphry Morice (1679–1731), Governor of the Bank of England (1727–1729)
Medium
oil on canvas
Measurements
H 72 x W 60 cm
Accession number
0497
Acquisition method
purchased, 1938
Work type
Painting
Bank of England Museum
Threadneedle Street, London, Greater London EC2R 8AH England
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