James Craggs the Elder facts for kids
James Craggs the Elder (born 1657, died 1721) was an important English businessman and politician. He was a member of the Whig political party. He served in the English and British Parliament from 1702 to 1713.
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About James Craggs
Early Life and Education
James Craggs was born in 1657. He was the oldest son of Anthony Craggs and Anne Morcroft. He went to Bishop Auckland grammar school for his education.
Starting His Career
After school, James Craggs tried different jobs in London. He was very good with money. He started working for the Duchess of Marlborough. She was a very powerful and influential woman.
Becoming a Member of Parliament
Thanks to the Duchess of Marlborough's help, James Craggs became a Member of Parliament (MP) in 1702. An MP is someone elected to represent people in the country's government. He represented a place called Grampound. He kept this job until 1713.
Business and Government Roles
Besides being an MP, Craggs was also involved in business. He worked as an army clothier, providing clothes for soldiers. He also held several important government jobs. In 1715, he became one of the two Postmasters-General. This meant he helped manage the country's mail system.
James Craggs became very wealthy from his various jobs and businesses. He also invested in a company called the South Sea Company. This company was involved in a big financial event that caused many people to lose money. After his death, a special law was passed. This law took back some of the money and property he had gained after December 1719.
Family Life
James Craggs married Elizabeth Richards on January 4, 1684. They had several children, including a son named James Craggs the Younger. Their daughters included Anne, Elizabeth, and Margaret.