Was Pelham influential in the creation of the Bank of England?
Yes
No
Confounding factor
He opposed it
Answer
No, Pelham did not play any direct or significant role in establishing the Bank of England in 1694. The concept and founding of the Bank were the result of combined efforts by various individuals, including William Paterson, a Scottish financier and merchant, and other prominent figures. Pelham's involvement in financial matters primarily focused on domestic revenue collection and expenditure management during his time in government service.
Henry Pelham Trivia: How Much Do You Know About Henry Pelham?
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