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Augustus Prevost Wiki2Web Clarity Challenge

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Study Guide: Sir Augustus Prevost: A Financial Career and Legacy

Cheat Sheet:
Sir Augustus Prevost: A Financial Career and Legacy Study Guide

Personal Life and Family Background

Augustus Prevost's father, George Prevost, was a banker who relocated directly from Geneva to London in 1838.

Answer: False

Explanation: Augustus Prevost's father, George Prevost, was a banker from Geneva who initially moved to Liverpool in 1838 before relocating to London.

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Augustus Prevost died in London, leading to the extinction of his baronetcy.

Answer: False

Explanation: Augustus Prevost died in Brighton, not London. His baronetcy did become extinct upon his death as he had no heir.

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Augustus Prevost married Francis Fordham in 1867.

Answer: True

Explanation: Augustus Prevost's marriage to Francis Fordham took place in 1867.

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Sir Augustus Prevost was born in 1837 and passed away in 1913.

Answer: True

Explanation: Sir Augustus Prevost's birth year was 1837 and his death year was 1913, as stated in the provided information.

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Augustus Prevost studied at Oxford University before settling in London.

Answer: False

Explanation: Augustus Prevost studied at University College, London, not Oxford University.

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Where did Augustus Prevost pursue his education in London?

Answer: University College, London

Explanation: Augustus Prevost undertook his studies at University College, London.

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In what year did Augustus Prevost marry Francis Fordham?

Answer: 1867

Explanation: Augustus Prevost's marriage to Francis Fordham occurred in 1867.

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What was Augustus Prevost's father's profession and place of origin?

Answer: A banker from Geneva

Explanation: Augustus Prevost's father, George Prevost, was identified as a banker originating from Geneva.

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Where did Sir Augustus Prevost pass away?

Answer: Brighton

Explanation: Sir Augustus Prevost's death occurred in Brighton.

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What were the birth and death years of Sir Augustus Prevost?

Answer: 1837-1913

Explanation: Sir Augustus Prevost was born in 1837 and died in 1913.

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What was the initial location of George Prevost's family after moving to England in 1838?

Answer: Liverpool

Explanation: Upon moving to England in 1838, George Prevost's family first settled in Liverpool before relocating to London.

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Career at Morris, Prevost and Co.

Augustus Prevost began his career by joining the family firm of Morris, Prevost and Co. in 1861.

Answer: False

Explanation: Augustus Prevost began his career with Morris, Prevost and Co. in 1856, becoming a partner in 1861.

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Augustus Prevost became a partner in Morris, Prevost and Co in 1861 and then senior partner five years later.

Answer: False

Explanation: Augustus Prevost became a partner in 1861 but did not become senior partner until 1882, which is 21 years later, not five.

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How long was Augustus Prevost a partner in Morris, Prevost and Co before becoming senior partner?

Answer: 21 years

Explanation: Augustus Prevost was a partner in Morris, Prevost and Co. from 1861 to 1882, a period of 21 years, before becoming senior partner.

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Bank of England: Directorship and Governorship

Sir Augustus Prevost served as the Governor of the Bank of England for a period of three years, from 1901 to 1904.

Answer: False

Explanation: Sir Augustus Prevost served as Governor of the Bank of England for two years, from 1901 to 1903, not three years.

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The Panic of 1901, a significant stock market crash primarily in the United States, occurred during Augustus Prevost's tenure as Governor of the Bank of England.

Answer: True

Explanation: The Panic of 1901, a major stock market crash, indeed occurred between 1901 and 1903, which aligns with Augustus Prevost's term as Governor of the Bank of England.

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Samuel Hope Morley was Augustus Prevost's immediate predecessor as Governor of the Bank of England.

Answer: False

Explanation: Samuel Hope Morley succeeded Augustus Prevost as Governor of the Bank of England. Samuel Steuart Gladstone was Augustus Prevost's immediate predecessor.

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Augustus Prevost was a director of the Bank of England for two decades before becoming governor.

Answer: True

Explanation: Augustus Prevost served as a director of the Bank of England from 1881 to 1901, a period of 20 years, before becoming governor.

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What was Sir Augustus Prevost's primary professional role from 1901 to 1903?

Answer: Governor of the Bank of England

Explanation: Sir Augustus Prevost served as the Governor of the Bank of England from 1901 to 1903.

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In what year did Augustus Prevost become a director of the Bank of England?

Answer: 1881

Explanation: Augustus Prevost was appointed as a director of the Bank of England in 1881.

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Who was Augustus Prevost's immediate predecessor as Governor of the Bank of England?

Answer: Samuel Steuart Gladstone

Explanation: Samuel Steuart Gladstone served as Governor of the Bank of England from 1899 to 1901, immediately preceding Augustus Prevost.

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What notable financial event occurred during Augustus Prevost's tenure as Governor of the Bank of England?

Answer: The Panic of 1901

Explanation: The Panic of 1901, a significant stock market crash, took place during Augustus Prevost's governorship of the Bank of England.

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Who succeeded Augustus Prevost as Governor of the Bank of England?

Answer: Samuel Hope Morley

Explanation: Samuel Hope Morley assumed the role of Governor of the Bank of England after Augustus Prevost, serving from 1903 to 1905.

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How long did Augustus Prevost serve as Governor of the Bank of England?

Answer: 2 years

Explanation: Augustus Prevost held the position of Governor of the Bank of England for a two-year term, from 1901 to 1903.

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Baronetcy and Public Recognition

The baronetcy granted to Sir Augustus Prevost in 1902 was a new creation and became extinct upon his death in 1913.

Answer: True

Explanation: The baronetcy held by Sir Augustus Prevost was a new creation in 1902 and, as he died without an heir in 1913, the title became extinct.

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Sir Augustus Prevost was granted his baronetcy primarily for his long service as a director of the Bank of England, rather than his governorship.

Answer: False

Explanation: Sir Augustus Prevost was granted his baronetcy specifically for his services as Governor of the Bank of England during the Boer War, not primarily for his long service as a director.

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Augustus Prevost held the title of Baronet of Westbourne Terrace for a total of two years.

Answer: False

Explanation: Augustus Prevost held the title of Baronet of Westbourne Terrace for 11 years, from 1902 until his death in 1913.

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The coat of arms associated with the Prevost baronets is specifically for the baronets of Westbourne Terrace.

Answer: True

Explanation: The source material explicitly references the coat of arms of the Prevost baronets of Westbourne Terrace.

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Augustus Prevost's baronetcy was designated as 'Baronet Prevost of London, Westbourne Terrace'.

Answer: False

Explanation: Augustus Prevost's baronetcy was designated as 'Baronet Prevost of Westbourne Terrace, London', with 'Westbourne Terrace' preceding 'London'.

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The services of Sir Augustus Prevost as Governor of the Bank of England during the Boer War were the specific reason for him being granted his baronetcy.

Answer: True

Explanation: Sir Augustus Prevost's baronetcy was granted specifically in recognition of his services as Governor of the Bank of England during the Boer War.

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Upon Sir Augustus Prevost's death in 1913, his baronetcy was passed on to a distant relative.

Answer: False

Explanation: Upon Sir Augustus Prevost's death in 1913, his baronetcy became extinct because he died without an heir, rather than being passed to a relative.

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What was the specific reason Sir Augustus Prevost was granted his baronetcy?

Answer: His services as Governor of the Bank of England during the Boer War.

Explanation: Sir Augustus Prevost received his baronetcy in recognition of his contributions as Governor of the Bank of England during the Boer War.

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For how long did Augustus Prevost hold the title of Baronet of Westbourne Terrace?

Answer: 11 years

Explanation: Augustus Prevost held the baronetcy from its creation in 1902 until his death in 1913, totaling 11 years.

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What was the consequence of Sir Augustus Prevost dying without an heir?

Answer: His baronetcy became extinct.

Explanation: As Sir Augustus Prevost died without a direct heir, his baronetcy, being a hereditary title, ceased to exist.

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In what year was Sir Augustus Prevost made Baronet Prevost of Westbourne Terrace, London?

Answer: 1902

Explanation: Sir Augustus Prevost was granted the baronetcy of Westbourne Terrace, London, in 1902.

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Other Corporate Engagements

Augustus Prevost also held a leadership role as chairman of the Royal Exchange Assurance Corporation.

Answer: True

Explanation: In addition to his banking career, Augustus Prevost served as the chairman of the Royal Exchange Assurance Corporation.

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What other significant corporate leadership role did Augustus Prevost hold in addition to his banking career?

Answer: Chairman of the Royal Exchange Assurance Corporation

Explanation: Beyond his banking endeavors, Augustus Prevost also served as the chairman of the Royal Exchange Assurance Corporation.

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