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Paul Benfield (1742–1810) was an English East India Company employee and trader, financier and politician. He is now known as a target for the rhetoric of Edmund Burke, and for his spectacular bankruptcy.
Benfield made no attempt to conceal his loans to the Nawab, stating that though they had been extensive, they had not been of a clandestine nature, and that they were well known to the governor, to the council, and indeed to the whole settlement. He alleged that he had enjoyed commercial confidence, argued that by his loans he had prevented war, and had promoted the interests of the Company. He was subsequently restored to the service and permitted to return to Madras: the court of directors resolving that his conduct, in relation to the loan to satisfy the claims of the Dutch, was beneficial.
Benfield finally returned to England, via France, in 1793. He established a mercantile firm in London, called Boyd, Benfield, & Co., with Walter Boyd. He entered Parliament again, for Malmesbury (1790), and then by buying into the seat of Shaftesbury. Boyd engaged in speculations which turned out badly, and Benfield's fortune collapsed rapidly. He died in Paris in poverty in 1810.
In England
During his stay in England in 1780, Benfield was elected to Parliament as member for Cricklade, spending freely to do so. At the same time William Burke was working for the Rajah of Tanjore. When Benfield brought an action for bribery against his opponent, S. Petrie, which was tried at Salisbury 12 March 1782, Petrie was defended by Richard Burke Jr. and William Pitt the Younger. Petrie was acquitted, and published an account of the trial with a letter giving his history of the case in 1782. It was said in the case that Benfield returned eight or nine members to parliament; this assertion is not now given credence.
Family
In 1793, Benfield married Mary Frances Swinburne, of Hamsterley, Durham, eldest daughter of Henry Swinburne. The marriage settlement was lavish. They had a son and at least two daughters; their elder daughter Henrietta Sophia was married to Robert Berkeley, of Spetchley, while their younger daughter Caroline Martha was married in 1824 to Grantley Berkeley. Through these marriages, their descendants married into several aristocratic families such as the Feildings (earls of Denbigh & Desmond), and landed families.
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Categories: 1810 Deaths, English Bankers, British East India Company Civil Servants, British Mps 1780–1784, British Mps 1790–1796, British Mps 1796–1800, 18th-century English Merchants, 1742 Births, 19th-century English Businesspeople, Members Of The Parliament Of Great Britain For Cricklade, Uk Mps 1801–1802
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