When William Langton Butlin was born on 4 July 1699, in Whilton, Northamptonshire, England, his father, William Butlin, was 25 and his mother, Mary Freeman, was 19. He married Frances Watkin on 12 March 1726, in Yelvertoft, Northamptonshire, England, United Kingdom. They were the parents of at least 4 sons. He died on 6 May 1741, in his hometown, at the age of 41, and was buried in Whilton, Northamptonshire, England, United Kingdom.
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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 (Northamptonshire): probably an anecdotal nickname of Norman French origin meaning ‘beat the peasant’, from Old French buter ‘to strike or buffet’ + vilain ‘peasant’.
Dictionary of American Family Names © Patrick Hanks 2003, 2006.
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