Background
Younger son of an old Cornish family, Sidney Godolphin was born about June 15, 1645.
Younger son of an old Cornish family, Sidney Godolphin was born about June 15, 1645.
While a young man he served in the royal household, on two diplomatic missions, and as a member of Parliament before finding his real vocation at the Treasury. He was given a peerage by Charles II in 1684, and Charles relied on him during the last years of his reign. "Sidney is never in the way, " he said, "and never out of the way. " During the reign of James II, which followed that of Charles, Godolphin was overshadowed by that king's Catholic advisers. He was, however, one of the last to desert James II, who was deposed during the Glorious Revolution of 1688. James's Dutch successor, William III, also recognized Godolphin's ability and twice made him head of the Treasury (1690-1696, 1700 - 1701). The Godolphin and Marlborough families had great influence with Princess Anne, the heiress to the throne, and in 1698 Godolphin's son was married to Lord Marlborough's daughter. Soon after Anne became queen (1702), England plunged into war with France. The Queen placed Marlborough in charge of the war and Godolphin at the head of the Treasury, where he had the important task of financing Marlborough's campaigns. Relying on long-term borrowing, he successfully found ways and means to conduct a long and successful war without endangering the government's credit-a notable achievement. He was also a leader in negotiating the Treaty of Union with Scotland, whereby that country became an integral part of the new United Kingdom of Great Britain (1707). Godolphin was less successful as a politician. Known as a churchman and Tory in previous reigns, he was forced to break with the Tories over the conduct of the war. As he relied more heavily on the Whigs, with their support among Nonconformists and the commercial and financial interests, he lost the support of his Church and Tory associates. Eventually he was forced to break with his most useful political associate, Robert Harley, Speaker of the House of Commons and later secretary of state. Disliking Godolphin's growing alliance with the Whigs, Harley schemed to supplant the Marlborough-Godolphin administration with one of his own. He finally succeeded, using his influence with the Queen and profiting from general discontent over the prolonging of the war. Godolphin, who had been made an earl in 1706, was dismissed in August 1710. Two years later, on September 15, 1712, he died at the London home of his friend Marlborough.
He was a Privy Councillor and Secretary of State for the Northern Department before attaining real power as First Lord of the Treasury. He was instrumental in negotiating and passing the Acts of Union 1707 with Scotland, which created the Kingdom of Great Britain.
He had many other roles, including that of Governor of Scilly.
Quotes from others about the person
The Whig historian Lord Macaulay said of Godolphin in 1848:
"He was laborious, clear-headed, and profoundly versed in the details of finance. Every government, therefore, found him an useful servant; and there was nothing in his opinions or in his character which could prevent him from serving any government. “Sidney Godolphin, ” said Charles, “is never in the way, and never out of the way. ” This pointed remark goes far to explain Godolphin's extraordinary success in life. He acted at different times with both the great political parties; but he never shared in the passions of either. Like most men of cautious tempers and prosperous fortunes, he had a strong disposition to support whatever existed. He disliked revolutions, and, for the same reason for which he disliked revolutions, he disliked counter-revolutions. His deportment was remarkably grave and reserved, but his personal tastes were low and frivolous; and most of the time which he could save from public business was spent in racing, cardplaying, and cockfighting. "
On 16 May 1675 Godolphin married Margaret Blagge, daughter of Thomas Blagge, the pious lady whose life was written by John Evelyn in his book The Life of Mrs Godolphin. She died in childbirth in 1678 bearing his only son, and Godolphin never remarried.
1st Earl of Godolphin