When Bemant Horsley was christened on 27 July 1718, in Denby, Derbyshire, England, his father, William Horsley, was 38 and his mother, Elizabeth Gretrixe, was 30. He was buried in Denby, Derbyshire, 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 (Northeastern England): habitational name from any of various places called with Old English hors ‘horse’ + lēah ‘woodland clearing’, such as Horsley (Derbyshire, Gloucestershire), Long Horsley (Northumberland), and Horseley Hills Farm in Wolverley (Worcestershire), probably referring to a place where horses were put out to pasture.
Dictionary of American Family Names © Patrick Hanks 2003, 2006.
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