Grant of a pension to John Ramsay McCulloch

Royal warrant granting a pension of £200 a year to John Ramsay McCulloch "in consideration of his services as the author of many useful publications connected with the finance and commerce of the country", issued in June 1886.
The warrant is issued under the signature of Queen Victoria and with the subscriptions of Sir Robert Peel, Ralph Neville and William Cripps. The document also includes a leaf of description and comments by Professor Herbert Somerton Foxwell.

Born in 1789, John Ramsay McCulloch was a prolific Scottish journalist, and one of the most ardent and doctrinaire expositors of the Classical Ricardian School of economics. He was economics editor for the whiggish Edinburgh Review , and used this platform to popularize Classical theories and promote the repeal of the Corn Laws. McCulloch was also the editor of the 1828 edition of Adam Smith's Wealth of Nations and the 1846 edition of David Ricardo's Works , and composed some of the earliest accounts of the history of economic thought. His main work was Principles (1825), perhaps the first successful "serious" textbook in economics.McCulloch served as a professor in political economy at University College, London from 1828 to 1832. In the later part of his life, he became the Comptroller of HM Stationary Office. He died in 1864.

Single item.

Access to this collection is unrestricted for the purpose of private study and personal research within the supervised environment and restrictions of the Library's Palaeography Room. Uncatalogued material may not be seen. Please contact the University Archivist for details.

Bought by Herbert Somerton Foxwell as an addition to the Goldsmith's Library of Economic Literature.

Collection level description.

Manuscript folio. The second leaf is blank except for an endorsement.

Compiled by Sarah Aitchison as part of the RSLP AIM25 Project.

University College London holds letters including letters to the Society for Diffusion of Useful Knowledge, 1830-1845 (Ref: SDUK); the Bodleian Library, Oxford University, has letters to Benjamin Disraeli, Earl of Beaconsfield, 1848-1863 (Ref: MSS Disraeli); the British Library, London, contains letters to William Huskisson, 1825 (Ref: Add Ms 38746), Letters to Macvey Napier, 1817-1847 (Ref: Add Mss 34612-30), letters to Sir Robert Peel, 2nd Bt, 1842-1850 (Ref: Add Mss 40512-603), and letters from David Ricardo, 1816-1823 (Ref: Add Ms 34545); Cambridge University Library holds letters to David Ricardo, 1816-1823 (Ref: Add 7510); Glasgow City Archives has correspondence with John Strang, 1852-1860 (Ref: TD68); and Derbyshire Record Office contains letters to Sir Robert John Wilmot-Horton, 3rd Bt, 1826-1831 (Ref: D3155 WH2836).

Copies may be made, subject to the condition of the original. Copying must be undertaken by the Palaeography Room staff, who will need a minimum of 24 hours to process requests.

The University of London Library holds a collection of autograph letters addressed to McCulloch (Ref: AL 187). There is also some correspondence from McCulloch in the papers of Samuel Jones Loyd, 1st Baron Overstone.