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
Robert Raikes business into Robert Raikes' House in 1758. The movement started with a school for boys in the slums. Raikes had been involved with those incarcerated at the county Poor Law (part of the jail at that time) and saw that vice would be better prevented than cured. He saw schooling as the best intervention. The best available time was Sunday as the boys were often working in the factories the other six days. The best available teachers were lay people. The textbook was the Bible, and the originally intended curriculum started with learning to read and then progressed to the