He was the son of Jacob Ricardo and nephew of the economist David Ricardo. In 1841 he married Catherine Duff (c. 1820 – 1869), the daughter of General Sir Alexander Duff and sister of James Duff, 5th Earl Fife. They had one son, Alexander Louis (1843–1871), the first husband of Florence Bravo.
In 1841 he was elected Member of Parliament for Stoke-on-Trent as a Liberal, serving until his death. He was active in the repeal of the Navigation Acts in 1849.
Ricardo was a leader of a group of businessmen who, in 1845, purchased the patents for the electric telegraph designed by Cooke and Wheatstone. Ricardo was Electric Telegraph's largest shareholder, and its executive chairman, for its first 12 years. His goal was to build a network that would distribute breaking financial news to his own newsrooms adjacent to all British stock exchanges—an information monopoly that would be valuable to speculators and investors. However, when the established telegraph companies formed monopolistic cartels and raised prices to newspapers, Ricardo secretly switched sides and campaigned for their nationalization.[2]
Publicationsedit
The anatomy of the Navigation Acts, Charles Gilpin, London (1847)
Referencesedit
^Appletons' annual cyclopaedia and register of important events of the year: 1862. New York: D. Appleton & Company. 1863. p. 690.
^Roger Neil Barton, "The birth of telegraphic news in Britain," Media History (2010) 16#4, pp. 379–406
Further readingedit
Barton, Roger Neil. "The birth of telegraphic news in Britain," Media History (2010) 16#4, pp 379–406
Fetter, Frank Whitson. "The Influence of Economists in Parliament on British Legislation from Ricardo to John Stuart Mill", The Journal of Political Economy, 83 no.5 (1975) 1051–1064.
Mather, Francis C. "The railways, the electric telegraph and public order during the Chartist period, 1837–48." History 38.132 (1953): 40–53.
john, lewis, ricardo, 1812, august, 1862, british, businessman, politician, born1812englanddied2, august, 1862, aged, englandoccupation, businessman, politicianhe, jacob, ricardo, nephew, economist, david, ricardo, 1841, married, catherine, duff, 1820, 1869, d. John Lewis Ricardo 1812 2 August 1862 was a British businessman and politician John Lewis RicardoBorn1812EnglandDied2 August 1862 aged 49 50 EnglandOccupation s Businessman politicianHe was the son of Jacob Ricardo and nephew of the economist David Ricardo In 1841 he married Catherine Duff c 1820 1869 the daughter of General Sir Alexander Duff and sister of James Duff 5th Earl Fife They had one son Alexander Louis 1843 1871 the first husband of Florence Bravo In 1841 he was elected Member of Parliament for Stoke on Trent as a Liberal serving until his death He was active in the repeal of the Navigation Acts in 1849 Contents 1 Businessman 2 Publications 3 References 4 Further reading 5 External linksBusinessman editRicardo was Chairman of the North Staffordshire Railway from 1846 until his death In 1846 he and William Fothergill Cooke founded the Electric Telegraph Company the world s first public telegraph company and Ricardo served as chairman until its merger with the International Telegraph Company in 1856 He was also a director of London and Westminster Bank 1 Ricardo was a leader of a group of businessmen who in 1845 purchased the patents for the electric telegraph designed by Cooke and Wheatstone Ricardo was Electric Telegraph s largest shareholder and its executive chairman for its first 12 years His goal was to build a network that would distribute breaking financial news to his own newsrooms adjacent to all British stock exchanges an information monopoly that would be valuable to speculators and investors However when the established telegraph companies formed monopolistic cartels and raised prices to newspapers Ricardo secretly switched sides and campaigned for their nationalization 2 Publications editThe anatomy of the Navigation Acts Charles Gilpin London 1847 References edit Appletons annual cyclopaedia and register of important events of the year 1862 New York D Appleton amp Company 1863 p 690 Roger Neil Barton The birth of telegraphic news in Britain Media History 2010 16 4 pp 379 406Further reading editBarton Roger Neil The birth of telegraphic news in Britain Media History 2010 16 4 pp 379 406 Fetter Frank Whitson The Influence of Economists in Parliament on British Legislation from Ricardo to John Stuart Mill The Journal of Political Economy 83 no 5 1975 1051 1064 Mather Francis C The railways the electric telegraph and public order during the Chartist period 1837 48 History 38 132 1953 40 53 Obituary The Gentleman s Magazine Oct 1862 pp 496 97 External links editHansard 1803 2005 contributions in Parliament by John Lewis Ricardo John Lewis Ricardo at ThePeerage com John Lewis Ricardo at ThePotteries org The Ricardo Album at RicardoPhotoAlbum comParliament of the United KingdomPreceded byJohn DavenportWilliam Taylor Copeland Member of Parliament for Stoke upon Trent1841 1862 With William Taylor Copeland 1841 1852Hon Frederick Leveson Gower 1852 1857William Taylor Copeland 1857 1862 Succeeded byWilliam Taylor CopelandHenry Grenfell nbsp This industry related article is a stub You can help Wikipedia by expanding it vte nbsp nbsp nbsp This article about a Liberal Member of the Parliament of the United Kingdom representing an English constituency is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title John Lewis Ricardo amp oldid 1209274896, wikipedia, wiki, book, books, library,
