Brief Life History of Philip
When Philip Eaton was born about 1702, in Woodford, Northamptonshire, England, his father, Philip Eaton, was 28 and his mother, Susannah Fox, was 23. He married Mary Wells on 11 June 1731, in Twywell, Northamptonshire, England. They were the parents of at least 4 daughters. He died on 6 November 1747, in Twywell, Northamptonshire, England, at the age of 46, and was buried in Twywell, Northamptonshire, England.
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1720 · South Sea Bubble
The South Sea Bubble Bill was passed by the House of Lords in 1720. This allowed the South Sea company to monopolize trade with South America. The company underwrote the English National Debt which promised 5% interest from the government. As shares rose exponentially, many companies were created and many fortunes were made. The stocks crashed and many people lost their money which caused them to become destitute overnight and suicide was common. Robert Walpole took charge of the South Sea Bubble Financial Crisis by dividing the national debt between the Bank of England, the Treasury, and the Sinking Fund.
Name Meaning
English: habitational name from any of various places called Eaton or Eton, such as Eaton Socon (Bedfordshire), Eaton (Cheshire), or Eton (Buckinghamshire), named from either Old English ēa ‘river’ or ēg ‘island, low-lying land’ + tūn ‘enclosure, settlement’.
History: Nathaneal Eaton, born in Coventry, England, c. 1609, came to MA in 1637 and was the first head of Harvard College, in 1638–39.
Dictionary of American Family Names © Patrick Hanks 2003, 2006.
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