I wrote last week about the National Trust's Interim Report on the Connections between Colonialism and Properties now in the Care of the National Trust, Including Links with Historic Slavery. Subsequent to this, I wrote to the Trust about this passage about Allen Bank, a house near Grasmere.
"The poet William Wordsworth (1770–1850) lived for a time at Allan Bank. He and his sister, writer Dorothy Wordsworth (1771–1855), are both known for expressing views in opposition to slavery.
Their brother, John Wordsworth (1772–1805), became Commander of the East India Company ship Earl of Abergavenny in 1801. He captained two successful voyages to China, in which the family invested. Wordsworth’s third voyage would have made the family a considerable sum, but the ship sank a few days into the journey, causing the death of John and many others."
I did not get a helpful reply (after a promise, I was fobbed off), but less than three minutes on the internet revealed a readily available account * of the sinking of the Earl of Abergavenny (including details of the investments by the Wordsworth family) which was not referenced in the report.
These investments turned out to be money lent to their brother so that he could buy goods in the UK to sell in China; and then to buy goods in China to sell back here. The link to the East India Company was that this was happening (as was common practice with officers) on a Company ship.
Responses
I should like to correspond with you about this as I am a senior member of Jesus College where we are engaged in discussions about the link between Tobias Rustat and the RAC . He was a quite small investor in the company, his portfolio being extensive. Most of his wealth was spent on furthering university education for the poor (Coleridge came to Jesus on a Rustat scholarship). Yet this has been enough for colleagues to insist that Rustat's memorial in the chapel should be removed. I'm wondering whether you would see parallels between the Wordsworths as investors and Rustat. It's all quite fascinating. If you collide with Ian White my friend and former Master her please give me regards.
Thanks for your comments.
I’ve been following the Jesus / Rustat issue, but only through commentary in the press, so I would not describe myself as in any sense informed on the matter. I am not, of course, really informed on the Wordsworth’s investment question either; what you read in my blog is just about all I know.
On the face of it, there would not seem to be parallels in the two investments. Rustat was an investor in the RAC, albeit small as you note, whereas the Wordsworths were not investors in the EAC, as far as I know. Thus, the Wordsworths are not caught up in the accusation of making profits out of human misery. Their guilt is associated with seeking returns on their capital, and, of course, being linked to the EAC in doing so.
There would seem to be good parallels, however, in how Rustat and the Wordsworths are now being viewed by Jesus College and the National Trust, respectively. This is in the sense that one relatively minor aspect of their history which is viewed as unworthy is deemed to outweigh everything else they have done and contributed. In this sense, they are just two examples of a disturbing trend.
I explain the significance of this link here in terms of the age-old issue of writers needing money to avoid being dependent on patrons who might cramp their freedom. https://www.youtube.com/watch?v=oIUljLIZZ_g
Wordsworth Brother was dealing/ planning to illegally buy and trade Opium with the EIC the Wordsworth's knowingly funded this aspect of trade. It also doesn't take much digging to find although at a young age Wordsworth (William) would support abolition with his romantic ideals. In his senior days he opposed many aspects of the abolition, also openly advocated for compensation of slave owners when they lost their slaves due to abolition.
I believe he also tried his hand at investing his money in Mississippi bonds that had strong connections to the slave trade, after the disaster of losing his money after the Abergavenny went down.