John Aislabie (4 December 1670 – 18 June 1742) was a British politician, notable for his involvement in the South Sea Bubble and for creating the water garden at Studley Royal. "December 4th" redirects here For the song by Jay-Z, see December 4th (song. Events 618 - Coronation of the Chinese governor Li Yuan as Emperor Gaozu of Tang, the new Emperor of China, initiating three centuries Year 1742 ( MDCCXLII) was a Common year starting on Monday (link will display the full calendar of the Gregorian calendar (or a The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located A politician (from Greek " Polis " is an individual who is involved in influencing public decision making through the influence of Politics or a person For the Noel Coward play see South Sea Bubble (play. The South Sea Bubble of 1720 was an Economic bubble that occurred Studley Royal Park is a park containing and developed around the ruins of the Cistercian Fountains Abbey in North Yorkshire, England.
Aislabie's family were originally Baltic merchants who settled in York. York ( is an historic Walled city sited at the confluence of the rivers Ouse and Foss in North Yorkshire, England. His father George married into the highly influential Mallory family. He attended St. John's College and Trinity Hall at Cambridge. St John's College, an institution known formally as The Master Fellows and Scholars of the College of St John the Evangelist in the University of Cambridge is a Trinity Hall is the fifth oldest college of the University of Cambridge, founded in 1350 by William Bateman, Bishop of Norwich. He inherited the Studley estate from his mother's family in 1693, and started serious development of the garden around 1716, becoming the first in England to introduce natural landscaping. Year 1716 ( MDCCXVI) was a Leap year starting on Wednesday (link will display the full calendar of the Gregorian calendar (or a Landscaping refers to any activity that modifies the visible features of an area of land including but not limited to living elements, such as (His son William added the ruins of Fountains Abbey to the estate. Fountains Abbey in North Yorkshire, England, is a Ruined Cistercian Monastery, founded in 1132 )
Aislabie was elected as a Member of Parliament for Ripon in 1695, apparently on the assumption he was a Tory, though his political views were somewhat fluid. A Member of Parliament, or MP, is a representative elected by the voters to a Parliament. Ripon was a constituency sending members to the House of Commons of the Parliament of the United Kingdom until 1983 centred on the town of Ripon In the political tradition of some English-speaking countries, the term Tory has referred to a variety of political parties and Creeds since it was He became more active in politics from 1704, especially on the economy. Year 1704 ( MDCCIV) was a Leap year starting on Tuesday (link will display the full calendar of the Gregorian calendar (or a He eventually became associated with the Country Whigs. The Whigs (with the Tories) are often described as one of two political parties in England and later the United Kingdom from the late 17th to Under the patronage of Robert Harley he was appointed a Lord of the Admiralty from 1710 in the Tory administration. Robert Harley 1st Earl of Oxford and Earl Mortimer ( 5 December 1661 &ndash 21 May 1724) was an English statesman of the Stuart The Admiralty was formerly the authority in the United Kingdom responsible for the command of the Royal Navy. Year 1710 ( MDCCX) was a Common year starting on Wednesday (link will display the full calendar of the Gregorian calendar or a Common year This proved a precarious appointment as Aislabie's Whig sympathies manifested in votes against the government.
When the Whigs returned to office in 1714, Aislabie was made Treasurer of the Navy. Year 1714 ( MDCCXIV) was a Common year starting on Monday (link will display the full calendar of the Gregorian calendar (or a He became an ally of the Earl of Sunderland who became, in effect, Prime Minister in 1718. Charles Spencer 3rd Earl of Sunderland (c 1674&ndash 19 April 1722) was an English statesman Year 1718 ( MDCCXVIII) was a Common year starting on Saturday (link will display the full calendar of the Gregorian calendar (or a Sunderland appointed Aislablie as Chancellor of the Exchequer. The Chancellor of the Exchequer is the title held by the British Cabinet minister who is responsible for all Economic and Financial When in 1719 the South Sea Company proposed a deal whereby it would take over the national debt in exchange for government bonds, Aislabie was a very strong supporter of the scheme and negotiated the contract; he piloted the Bill through the House of Commons. Year 1719 ( MDCCXIX) was a Common year starting on Sunday (link will display the full calendar of the Gregorian calendar (or a
The South Sea Company had been built on high expectations which it could never fulfil, and it collapsed in August 1720. For the Noel Coward play see South Sea Bubble (play. The South Sea Bubble of 1720 was an Economic bubble that occurred Year 1720 ( MDCCXX) was a Leap year starting on Monday (link will display the full calendar of the Gregorian calendar (or a Leap year starting An investigation by Parliament found that Aislabie had been given £20,000 of company stock in exchange for his promotion of the scheme. He resigned the Exchequer in January 1721, and in March was found guilty by the Commons of the "most notorious, dangerous and infamous corruption". Year 1721 ( MDCCXXI) was a Common year starting on Wednesday (link will display the full calendar of the Gregorian calendar (or a The House of Commons' is the Lower house of the Parliament of the United Kingdom, which also comprises the Sovereign and the House of Lords He was expelled from the House, removed from the Privy Council, and imprisoned in the Tower of London. Her Majesty's Most Honourable Privy Council is a body of advisors to the British Sovereign. Her Majesty's Royal Palace and Fortress, more commonly known as the Tower of London (and historically as The Tower) is a historic monument in central London
After his release from prison, he retired to his estate and continued the development of the gardens.
The obelisk in Ripon's Market Square, the first in England, was provided by John Aislabie in 1702. An obelisk (from Greek ὀβελίσκος - obeliskos, diminutive of ὀβελός - obelos, "spit nail pointed pillar" Year 1702 ( MDCCII) was a Common year starting on Sunday (link will display the full calendar of the Gregorian calendar (or a Common year
|Treasurer of the Navy|
|Chancellor of the Exchequer|
Sir John Pratt
Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds available from Project Gutenberg