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He came from an ancient family of Cornwall. At the Restoration he was introduced into the royal household by King Charles II of England, whose favourite he had become, and he also entered the House of Commons as member for Helston, Cornwall. Although he very seldom addressed the House, and, when he did so, only in the briefest manner, he "gradually acquired a reputation as its chief if not its only financial authority." In March 1679 he was appointed a member of the Privy Council, and in the September following he was promoted, along with Viscount Hyde (afterwards Earl of Rochester) and the Robert Spencer, 2nd Earl of Sunderland, to the chief management of affairs.
Although he voted for the Exclusion BillThe Exclusion Bill crisis ran from 1678 till 1681. Its focus was the exclusion of King James VII and II from the thrones of England, Ireland and Scotland because he was a Roman Catholic. The Tories were those who opposed this exclusion, while the Whigs su in 1680Events First Portuguese governor was appointed to Macau The Swedish city Karlskrona was founded as the Royal Swedish Navy relocated there. July 8 The first confirmed tornado in America killed a servant at Cambridge, Massachusetts. August 21 Pueblo Indians, he was continued in office after the dismissal of Sunderland, and in September 1684Events France under Louis XIV makes Truce of Ratisbon separately with the Empire and Spain. Pope Innocent XI forms a Holy League with the Habsburg Empire, Venice and Poland to liberate Europe from the Ottoman Turkish rule. Japanese Chief Minister Hotta Ma he was created Baron Godolphin of Rialton, and succeeded Rochester as First Lord of the Treasury. After the accession of James IIJames II of England and VII of Scotland ( 14 October 1633 16 September 1701) became King of England, Scotland and Ireland from 6 February 1685. He would prove to be the last Catholic monarch to reign over England, Scotland or Ireland. His subjects distrus he was made chamberlain to the queen, Mary of ModenaMary of Modena ( October 5, 1658 May 7, 1718) was the queen consort of King James II of England. Daughter of Alfonso d'Este III, Duke of Modena, she was born in Modena, Italy and christened Maria Beatrice Eleanor Anne Margaret Isabella d'Este . She had a, and, along with Rochester and Sunderland, enjoyed the king’s special confidence. In 1687Events March 19 The men under explorer Robert Cavelier de La Salle murder him while searching for the mouth of the Mississippi River. July 5 Isaac Newton's Philosophiae Naturalis Principia Mathematica is published. December 31 The first Huguenots set sail he was named commissioner of the treasury. He was one of the council of five appointed by King James to represent him in LondonLondon is the capital of the United Kingdom and of England, and with over seven million inhabitants in the Greater London area, is the second-most populous conurbation in Europe (after Moscow). From being Londinium the capital of the Roman province of Bri, when he went to join the army after the landing of William of Orange, in England, and, along with Halifax and Nottingham, he was afterwards appointed a commissioner to negotiate with the prince. On the accession of William, though he only obtained the third seat at the treasury board, he was in control of affairs. He retired in March 1690, but, was recalled in the following November and appointed first lord.
While holding this office he for several years continued, in conjunction with John Churchill, 1st Duke of Marlborough, a secret correspondence with James II, and is said to have disclosed to James intelligence regarding the intended expedition against Brest. Godolphin was not only a Tory by inheritance, but had a romantic admiration for the wife of James II. He was mainly concerned for his personal security. After Fenwick’s confession in 1696 regarding the attempted assassination of William III, Godolphin, who was compromised, tendered his resignation; but when the Tories came into power in 1700, he was again appointed lord treasurer and retained office for about a year. Though not a favourite with Queen Anne, he was, after her accession, appointed to his old office, on the strong recommendation of Marlborough. He also in 1704 received the honour of knighthood, and in December 1706 he was created Viscount Rialton and Earl of Godolphin.
Though a Tory, he had an active share in the intrigues which gradually led to the predominance of the Whigs in alliance with Marlborough. The influence of the Marlboroughs with the queen was, however, gradually supplanted by that of Abigail Masham and Robert Harley, Earl of Oxford, and with the fortunes of the Marlhoroughs those of Godolphin were indissolubly united. The services of both were so appreciated by the nation that they were able for a time to regard the loss of the queen’s favour with indifference, and even in 1708 to procure the expulsion of Harley from office; but after the Tory reaction which followed the impeachment of Henry Sacheverell, who abused Godolphin under the name of Volpone, the queen made use of the opportunity to get rid of Marlborough by abruptly dismissing Godolphin from office on 7 August 1710.
Godolphin owed his rise to power and his continuance in it under four sovereigns to his financial wizardry; he received support from Marlborough mainly because Marlborough recognised that for the continuance of England's foreign wars his financial abilities were an indispensable necessity. He is said to have been cool, reserved and cautious, with more concern for his own welfare than for political considerations. Nevertheless, he took little advantage of his opportunities for personal gain, and his style of living was unostentatious. When he died, his estate was more than £12,000.
Godolphin married Margaret Blagge, the pious lady whose life was written by Evelyn, on 16 May 1675, and married again after her death in 1678.
| Preceded by: The Earl of Conway | Secretary of State for the Northern Department 1684 | Followed by: The Earl of Middleton |
| Preceded by: The Earl of Rochester | First Lord of the Treasury 1684–1685 | Followed by: The Earl of Rochester ( Lord High Treasurer) |
| Preceded by: Sir John Lowther | First Lord of the Treasury 1690–1697 | Followed by: Charles Montagu |
| Preceded by: The Earl of Tankerville | First Lord of the Treasury 1700–1701 | Followed by: The Earl of Carlisle |
| Preceded by: Commission The Earl of Carlisle , First Lord | Lord High Treasurer 1702–1710 | Followed by: Commission The Earl Poulett , First Lord |
| Preceded by: New Creation | Earl of Godolphin | Followed by: Francis Godolphin |
This article incorporates text from the public domain 1911 Encyclopædia Britannica. 1911 Britannica