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James William Gilbart

2 of 4 portraits by William Joseph Taylor

© National Portrait Gallery, London

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James William Gilbart

by William Joseph Taylor
bronze medal, 1853
2 in. (51 mm) diameter
Given by Jacob Simon, 1984
Primary Collection
NPG 5756

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This medal was produced when Gilbart was aged 59 and records him as the first manager of the first joint stock bank in London. The reverse marks the foundation of the London and Westminster Bank in 1834, the bank's subsequent expansion and Gilbart's publications on banking.

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Current affairs

Britain and America sign a treaty establishing an International Copyright agreement. Dickens, whose Bleak House is also published this year, was a particularly outspoken critic of these laws, as his works were freely published in America without any protection over copyright or royalties. He had lobbied the American Congress over the issue during his North American reading tour of 1842.

Art and science

David Livingstone makes a six month journey from the Zambezi river to the west coast of Africa.
Harriet Martineau translates The Positive Philosophy of August Comte. A scientific approach to understanding the natural world and human and social relations, positivism has an important influence on the development of the social sciences.
Holman Hunt exhibits his The Light of the World

International

Diplomatic row over Napoleon's call to the Turkish empire to restore Roman Catholic rights in the Holy Land. Russia asserts her role of protecting the rights of all Christians in the Ottoman empire; French and British fleets are dispatched to the Dardanelles. The Turkish sultan, declaring that he will look after the rights of Christians, heightens tension, and the Crimean war begins with Turkey declaring war on Russia.

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