John Foster was born on 13 April 1656, in Bolton, Lancashire, England, United Kingdom. He married Mary Grundy on 1 October 1678, in Bolton le Moors St Peter, Lancashire, England, United Kingdom. They were the parents of at least 3 sons and 2 daughters. He died on 18 July 1725, in Chester le Street, Durham, England, United Kingdom, at the age of 69, and was buried in Chester-le-Street, Durham, England.
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The Glorious Revolution brought the downfall of Catholic King James II and the reign of his Protestant daughter Mary and her Dutch husband, William III of Orange.
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: variant of Forster ‘worker in a forest’.
English: perhaps a nickname from Middle English foster ‘foster parent’ (Old English fōstre, a derivative of fōstrian ‘to nourish or rear’). But other explanations are equally or more likely.
English: from Old French forcetier ‘maker of scissors’; see Forster 2.
Dictionary of American Family Names © Patrick Hanks 2003, 2006.
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