Walter Bagehot
- Events
- 1
- Episodes
- 4
- Years
- 1866–1867
Every event in Historedia whose sources name Walter Bagehot, with the role they cite and all of that event’s episodes. This is not a biography, and mentions are grouped by name, so two people with the same name can share this page.
Events and episodes
Collapse of Overend, Gurney and Company and the Panic of 1866
1866–1867Role: Financial Commentator
- Political Reform and Agitation
Economic impacts of the panic contributed to public agitation for political reform, leading to demonstrations and the Representation of the People Act 1867.
- Collapse of Overend, Gurney and Company
The London wholesale discount bank collapsed owing about £11 million, triggering a banking panic and causing crowds to gather at its head offices.
- Bank of England Response and Bagehot's Critique
Walter Bagehot criticized the Bank of England's refusal to lend with Consol bonds, highlighting the conflict between maintaining reserves and providing liquidity.
- Trial of Directors for Fraud
Directors of the company were tried at the Old Bailey for fraud based on false statements in the 1865 share prospectus.
- Political Reform and Agitation
Sources
- Panic of 1866 Wikipedia, revision of 2026-07-31