Failure of the bank, Lane, Son and Fraser in 1793

There was a historical report on the 1793 failure of the bank, Lane, Son and Fraser, published in The Leeds Mercury, on 7 April 1894, Saturday, page 20. (This is available per Newspapers.com.) The failure in London of Lane, Son and Fraser had ripple effects causing the failure of some provincial banks which had been corresponding with Lane, Son and Fraser. The bank had earlier been influential in Anglo-American trading affairs but had suffered badly due to the American Revolution. Australians if no others will be interested in Lane, Son and Fraser as the post-1786 Lanes were personal friends of the first governor of New South Wales, Arthur Phillip. For this reason, this blog will soon post more material on the pre-1793 activities of Lane, Son and Fraser. (Information per Peter Dickson, UK)

Author: Dan Byrnes

Dan Byrnes is an Australian poet, writer, historian, a one-time journalist in Tamworth NSW Australia (or, Country Music Capital, Australia). Born in Sydney in 1948, meaning in late 2018 he is aged 70! He is deeply interested in modern Australian history (since 1788), literature, poetry and music. He had a normal high school education plus several stints at university, ending with a double major in History/Psychology, then with an Honours degree in History. Of late, and as he gets older - in 2019 he will be 71 - he spends time compiling and recompiling old work, adding to this blog, and wondering deeply with the history of Australia since 1788, a relatively new country, which received up to 162,000 convicts from Britain, why there is such apathy to maritime history in general and in particular, such apathy to the question: who owned/insured the convict ships?

One thought on “Failure of the bank, Lane, Son and Fraser in 1793”

  1. John Lane of Lane son & Fraser is not the son of Sir Thomas Lane, Lord Mayor of London. dates are well out by nearly 100 years. looking for details of this John Lane, name of his parents and his son, etc.
    I have several records of the Lane family, mainly from Northhants and Buckinghamshire. several gaps need filling. all information welcome.

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