Thomas Pitt

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Thomas Pitt
Thomas Pitt

President of Fort St George (Madras)
In office
7 July 1698 – 18 September 1709
Preceded by Nathaniel Higginson
Succeeded by Gulston Addison

Born 5 July 1653
Blandford Forum, Dorest, England
Died 28 April 1726
Signature Thomas Pitt's signature

Thomas Pitt (July 5, 1653April 28, 1726), born at Blandford Forum, Dorset, to a rector and his wife, was a British merchant involved in trade with India.

He at first came into conflict with the British East India Company, however this was settled and the company appointed him governor of Fort St. George, Madras. He is known as "Diamond" Pitt for his purchase of and profit from an extraordinary diamond.

Contents

[edit] In India

In 1674, Pitt went to India, where he worked as an "interloper", trading in defiance of the British East India Company's legal monopoly on Indian trade. Upon his return to England he was fined £400. He then proceeded to buy the manor of Stratford and its surrounding borough Old Sarum. With that acquisition he gained a seat in the House of Commons.

Pitt returned to India, and eventually was hired by the British East India Company. He bought out the Nawab of the Carnatic region, in order to save Madras, his base of operations.

[edit] As the President of Madras

Thomas Pitt served as the President of Madras for a long term from 1698 to 1709. His term of office is known as the 'Golden Age of Madras'. He fortified the walls of Black town and organized an accurate survey of the city. Pitt is best known for the acquisition of the Five New Towns: Tiruvatiyoor, Kathiwakam, Nungambakkam, Vyasarpady and Sathangadu.

[edit] Family

He was married in 1679 to an Anglo-Indian lady, Jane Innis, who was descended from the Earls of Moray. He had 3 sons and 2 daughters. His eldest son, Robert, was father of William Pitt, 1st Earl of Chatham, often called "William Pitt, the Elder". His second son was created Thomas Pitt, 1st Earl of Londonderry. His third son John was a distinguished soldier. His second daughter, Lucy married James Stanhope, 1st Earl Stanhope. Thomas Pitt also had a grandson, by his older son Robert, named Thomas Pitt. But, by far, his most famous descendant was his grandson by William Pitt, 1st Earl of Chatham - William Pitt the Younger, who went on to become Prime Minister of the United Kingdom in the early 19th century.

[edit] Pitt's diamond

Pitt is most famous for his purchase of a 410 carat (82 g) uncut diamond acquired from an Indian merchant named Jamchund in Madras in 1701. The merchant had purchased the diamond from an English sea captain, who had, in fact, stolen the diamond from a slave. The slave found the diamond in one of the Golkonda mines on the Kistna River and had concealed it inside a large wound in his leg. According to another version, the diamond had formed an eye of some Hindu idol and was stolen therefrom.

Pitt bought the diamond for 48,000 pagodas or £20,400, and sent it back to England in 1702 with his eldest son. For two years from 1704-1706, the jeweller Harris labored in London to hew a 141 carat (28.2 g) cushion brilliant from the rough stone. Several secondary stones were produced from the cut that were sold to Peter the Great of Russia. After many attempts to sell it to various European royals, including Louis XIV of France, Pitt and his sons went with the diamond to Calais in 1717. With John Law acting as agent, it was sold that year to the French regent, Philippe II, Duke of Orléans for £135,000, becoming one of the crown jewels of France. Today, "Le Régent" as it came to be known, remains in the French Royal Treasury at the Louvre, where it has been on display, since 1887.

[edit] Properties

With the money received for his famous diamond, he now began to consolidate his properties. Besides Mawarden Court at Stratford and the Down at Blandford, he acquired Boconnoc in Cornwall from Lord Mohun's widow in 1717, and subsequently Kynaston in Dorset, Bradock, Treskillard and Brannell in Cornwall, Woodyates on the border of Wiltshire, Abbot's Ann in Hampshire (where he rebuilt the church) and, subsequently his favourite residence, Swallowfield Park in Berkshire, where he died in 1726.


Preceded by
Nathaniel Higginson
President of Madras
July 7, 1698September 18, 1709
Succeeded by
Gulston Addison

[edit] Sources

  • Moore, Gloria. The Anglo-Indian Vision, 1986.
  • Palmer, R.R., et al. A History of the Modern World, 2004.

[edit] External links