John Aislabie: Meaning (information, definition, explanation, facts)

John Aislabie (December 7 1670-1742) was a British politician, notable for his involvement in the South Sea Bubble and for creating the water garden at Studley Royal.

He inherited the Studley estate in 1693, and started serious development of the garden around 1716, becoming the first in England to introduce natural landscaping. (His son William added the ruins of Fountains Abbey to the estate.)

Aislabie was also politically ambitious, becoming a Member of Parliament for Ripon in 1695, and appointed Chancellor of the Exchequer in 1718. At the end of 1720, after the South Sea Bubble had collapsed, an investigation by Parliament found that Aislabie had accepted a large amount of company stock in exchange for his promotion of the scheme. He resigned the Exchequer in January 1721, and in March was found guilty by the Commons of the "most notorious, dangerous and infamous corruption". He was expelled from the House and imprisoned in the Tower of London.

After his release from prison, he retired to his estate and continued the development of the gardens.

The obelisk in Ripon's Market Square, the first in England, was provided by John Aislabie in 1702.

Preceded by:
The Earl Stanhope
Chancellor of the Exchequer
1718-1721
Followed by:
Sir John Pratt

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