Gresham, Thomas, 1519?-1579
Variant namesBiographical notes:
English merchant and founder of the Royal Exchange.
From the description of Autograph letter signed : Greenwich, to Sir Philip Hoby, ambassador to Flanders, 1553 July 1. (Unknown). WorldCat record id: 270499496
From the description of Autograph letter signed : Osterley [i.e. London], to his son-in-law Nathaniel Bacon, 1579 Oct. 7. (Unknown). WorldCat record id: 608100161
Epithet: of Sloane MS 1759
British Library Archives and Manuscripts Catalogue : Person : Description : ark:/81055/vdc_100000001089.0x000059
Sir Thomas Gresham was a prominent Elizabethan financial figure who served as a royal agent for Edward VI, Queen Mary, and Queen Elizabeth in the Netherlands. Sir Thomas was instrumental in raising money in the Lowlands, Germany and Spain for the Crown; in importing war materials from the Continent; and for suggesting a plan to stabilize British currency.
Gresham is best known as the creator of a monetary stablization scheme known as Gresham's Law, "bad money drives good money out of circulation."
From the description of Deed, 1568,January 6. (Temple University Libraries). WorldCat record id: 122491192
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Subjects:
- Bacon, Nathaniel
- Land tenure
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Places:
- England (as recorded)