When Edward Sewell was born on 19 May 1716, in Binham, Norfolk, England, his father, Edward Sewell, was 41 and his mother, Elizabeth Wood, was 39. He died on 18 July 1732, at the age of 16.
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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.
English:
from the Middle English personal name Siwal(d), Sewal(d), Old English Sigeweald, from sige ‘victory’ + weald ‘rule(r)’, or the corresponding Old Norse Sigvaldr. This name later became thoroughly confused with Sewal(d), from Old English Sǣweald (see Sewall ).
habitational name from one or more places, such as Sewell (Bedfordshire), Seawell (Northamptonshire), Sywell (Northamptonshire), Showell in Steeple Barton (Oxfordshire), Showell in Little Tew (Oxfordshire), or Sowell in Kentisbeare (Devon), all meaning ‘seven springs’ (Old English seofon + wella). Compare Seawell .
Dictionary of American Family Names © Patrick Hanks 2003, 2006.
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