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James Wilson (businessman)
James Wilson (3 June 1805 – 11 August 1860) was a Scottish businessman, economist, and Liberal politician who founded ''The Economist'' weekly and the Chartered Bank of India, Australia and China, which merged with Standard Bank in 1969 to form Standard Chartered.〔''James Wilson'' by Ruth Dudley Edwards in Oxford DNB〕〔Michael Stenton, ''Who's Who of British MPs'' (Harvester, Sussex, 1976) ISBN 0-85527-219-8〕
==Early life==
Wilson was born in Hawick in the Borders. His wealthy father William Wilson owned a textile mill, and his ancestors were local sheep farmers. He was the fourth of 15 children, of whom 10 reached adulthood. His mother died when James was young.
A successful disciplined autodidact scholar from a Quaker family, he was destined to be a schoolmaster but hated it so much that he "would rather to be the most menial servant in () father's mill". After considering studying for election to the Faculty of Advocates, against his family religion, he decided to be schooled in economics. So at the age of 16, he became an apprentice in a hat factory. Later, his father then bought the business for him and his elder brother, William. They left Scotland and moved to London, England, when James was 19, with a gift of £2,000 each (£130,000 in 2005 pounds).
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