‘One of the merchant princes of Manchester’, Peel had been a supporter of his first cousin, the Conservative leader Sir Robert Peel, 2nd baronet.
Peel’s father, Thomas Peel, of Peele Fold, Lancashire, was a calico printer.
Peel later said that ‘when young, he spent a great deal of time abroad, and did not attach himself to any political party’, but on his return had ‘attached himself to the party which owned the late Sir Robert Peel as its chief and guide.’
In the early 1850s Peel leased Middleton Hall, near Tamworth, from the Willoughby family. Although he continued his mercantile career, he took an interest in local farming, and was active in the Tamworth Agricultural Society.
In his maiden speech, 14 Apr. 1864, Peel voiced support for Barttelot’s motion that the reduction in malt duty should be prioritised over the diminution of the sugar duties. Peel claimed that a reduction in malt duty would relieve farmers and added that it was unjust not to extend free trade to domestic articles such as barley.
At the 1865 general election, where both Peels were returned against a token opposition, Sir Robert pointedly noted four points of difference with his colleague, who had opposed the reduction of sugar duty and the partnership law amendment bill and supported the censure of the lord chancellor, Lord Westbury and a £6 franchise.
After the election, Peel became a reliable supporter of the Liberal government, supporting their reform bill and voting against Grosvenor’s amendment for redistribution, 27 Apr. 1866. He also opposed Dunkellin’s successful amendment for a rateable franchise, 18 June 1866, which was backed by Sir Robert Peel and other dissident Liberals in league with the Conservatives, prompting the resignation of Russell’s government. The following year Peel supported the enfranchisement of compounders and was one of the minority of 73 who backed female suffrage, 20 May 1867. He also favoured the partial disenfranchisement of small boroughs and giving extra representation to the largest towns.
Peel backed Gladstone’s Irish church resolutions, 2 Apr. 1868, but was narrowly relegated into third place by Sir Robert and another Liberal at the general election that year. His petition against the return was unsuccessful, but Peel came in unopposed for a vacancy at Tamworth in March 1871, and died in harness from an apoplectic fit just over a year later.
