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and in addition a bill was introduced requiring Turner, Caswall & Co to make a restitution of £250,000. This bill, which would have broken
Caswall, passed initial parliamentary stages but lapsed after parliament was prorogued. In the aftermath of the scandal, Caswall was involved in protracted
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The South Sea
Company collapsed in 1720 and Caswall as a representative of the bank, was deemed to have played a significant part in running the scheme which led to collapse. A Parliamentary committee was set up in 1721 to investigate, and his specific offence was the acquisition – free of charge –
52:, at a by-election on 19 March 1717. The election was declared void on 30 May on account of Caswall's bribery, but Caswall was returned again at the rerun on 17 June 1717. He was knighted on 10 February 1718. He lost his Directorship of the South Sea Company in 1718, but was
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33:. He married Mary Brassey, daughter of John Brassey, a banker of Lombard Street, London. He became a partner in the firm Turner, Sawbridge and Caswall, bankers, operating as the
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Caswall's wife died on 8 August 1721, and he married secondly, before 1731, Mary
Brassey, widow of Thomas Brassey. He left two sons by his first wife.
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of £50,000 of stock in the company while its formation was before parliament. Caswall was one of seven members expelled from the
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Sir George
Caswall vs. the Duke of Portland: Financial Contracts and Litigation in the wake of the South Sea Bubble
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22:(died 1742) of Muddiford Court, Fenchurch Street, London was a British banker and politician who sat in the
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119:"Caswall, George (d.1742), of Muddiford Court, Fenchurch St., London. History of Parliament Online"
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of which he was a
Director in 1701. The Sword Blade Company were bankers to the
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Members of the
Parliament of Great Britain for English constituencies
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Members expelled from the House of
Commons since the Restoration
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Caswell was the eldest son of James
Caswall of Leominster,
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Expelled members of the
Parliament of Great Britain
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317:British MPs 1715–1722
85:in favour of his son
83:1741 general election
71:1722 general election
243:Member of Parliament
197:Member of Parliament
46:Member of Parliament
302:17th-century births
56:from 1720 to 1721.
35:Sword Blade Company
20:Sir George Caswall
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