Pease was born at Darlington into a Quaker dynasty whose members owned extensive industrial and commercial enterprises in the north-east of England. His grandfather, Edward Pease, had been the driving force behind the Stockton and Darlington railway company.
At the 1865 general election Pease offered as a Liberal for Durham South, following his uncle’s decision to retire at the dissolution. He declared his support for the abolition of church rates and religious tests, and called for the opening of universities to dissenters.
Pease frequently intervened in the debates on the representation of the people bill, particularly to press for the enfranchisement of Darlington, Stockton-on-Tees and Hartlepool, 23 May, 28 June, 2 July 1867, though his proposal for ‘Hartlepool’ being replaced in the bill’s schedules by ‘The Hartlepools’ was rejected by Disraeli, 9 July 1867. The three boroughs were subsequently created by the 1867 Reform Act. He divided with Gladstone on all the major clauses of the bill in committee, and was a teller for the successful amendment to reduce the copyhold franchise to £5, 20 May 1867, a measure he consistently advocated, 17 May, 24 June 1867. He voted against the enfranchisement of women, 20 May 1867.
As a Quaker industrialist, Pease also addressed matters directly affecting his commercial interests. He strenuously opposed the London coal and wine duties continuance bill, explaining that ‘the tax was opposed to the interests of the coal-producing districts, because the increase of price was a great bar to their industry’, 24 Mar. 1868, and called for the rating of mines, 19 Feb. 1867, though he equivocated on the issue the following year, 6 May 1868. As an employer of over 4,000 men across his 10 collieries, self-interest was evident in his opposition to the master and servant bill when he argued that the threat of imprisonment for strikes should remain, as it protected workmen from each other, 4 June 1867.
At the 1868 general election Pease was re-elected for Durham South, and held the seat until its abolition in 1885, whereupon he was returned for the Barnard Castle division of Durham county, which he represented until his death. He continued to speak regularly on the coal and iron industries and remained loyal to Gladstone on all major issues.
Following the death of his father in 1872, Pease assumed the leading role in the family’s business affairs.
Pease died of heart failure at his Falmouth residence in Cornwall in June 1903, leaving estate valued at only £2866 18s.
