Thomas Raikes Thomas Raikes Thomas Raikes ("the Elder") (28 March 1741 – 29 December 1813) was a British merchant particularly trading from London with Russia, a banker and newspaper proprietor. Notably, he was Governor of the Bank of England during the 1797 currency crisis, when the Bank was prohibited by the British Government from paying out in gold. Raikes was born at Gloucester in 1741, third son of Robert Raikes the Elder and Mary Drew. His brothers included Robert Raikes, the founder and promoter of Sunday schools, and William Raikes, a director of the South Sea Company. Raikes was Governor of the
Thomas Raikes (dandy) caricatured by Richard Dighton as ""One of the Rake's of London"". Raikes' journal is notable for containing the memoirs of a man who counted among his friends some of the most influential men of his day, including Beau Brummell, the Duke of Wellington, Baron Alvanley, and Talleyrand. A four-volume 'portion' of the journal was published after his death, in 1856-7, and two volumes of "Private Correspondence with the Arthur Wellesley, 2nd Duke of Wellington and other Distinguished Contemporaries" were published, edited by his daughter, in 1861. Raikes married Sophia Maria Bayly on 4 May 1802. Bayly was the daughter of