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Thomas Tillotson

Prime Minister Thomas Tillotson.

Thomas Tillotson was the Prime Minister of Great Britain and leader of the British Liberal Party in the early 1830s. In the fall of 1835, a major banking crisis struck London, resulting in the collapse of over a dozen private and public banks. The crisis caused Tillotson's government to fall, and in a snap election a coalition of the Conservative and Reform Parties led by Lewis Watson came to power.

Sobel's sources for the fall of the Tillotson government are Arthur Watkins' The Baring Crisis of 1835 (London, 1910); and George Andrews' Business Cycles in Nineteenth Century Britain (London, 1959).