The historical painter Benjamin Robert Haydon summed up Stanton’s life in the following curiously constructed sentence: ‘Staunton [sic] died in a mad house. He became after spending £80,000 a clerk to Charles Pearson, saved money became mad and died’.
His son Robert seems to have participated in the business for some years before coming into what must have been a handsome inheritance: he was described as a merchant in the baptismal record of his first child Louisa (6 Feb. 1817), when he was living at Dalby Terrace, City Road. In his evidence before the House of Lords committee on the Penryn disfranchisement bill, 8 May 1828, he said that he had been involved in looking glass manufacture for ‘about five years’. The indications are that he withdrew from active participation, possibly by selling out, soon after succeeding his father. The firm’s style had changed to Wilcoxon, Harding and Owen by 1820 and to Wilcoxon and Harding, who had added cabinet making to their repertoire, by 1825. The Harding involved was probably Stanton’s brother-in-law and executor William Harding, the husband of his sister Frances. At the baptisms of his daughters Eleanor Darby (4 Jan. 1822) and Sophia Frances (21 Mar. 1823) Stanton, who was then a resident of Highbury Place, described himself as a ‘gentleman’. He had at least one other daughter, Marianne Maria, who died, aged three, in April 1833. His first son Robert lived for only two weeks and was buried in Bunhill Fields on 3 Dec. 1817; but he subsequently had another son, also named Robert, who was alive when he made his will on 21 Oct. 1822.
According to his own and Sir Christopher Hawkins’s* evidence to the Lords committee, Stanton was introduced to Hawkins by a Mr. Simpson in about 1822 as a man who had ‘come into a large fortune’ and was ‘very anxious to get into Parliament’. Hawkins could not help him then, but in April 1824 advised him to try his luck on a vacancy for the venal borough of Penryn, where he had a stake. The contemporary description of Stanton in the Cornish press as a London banker was evidently correct for, according to his own testimony, he had embarked on such a venture a few months before he went to Penryn. On 9 May 1828 Joseph Sowell, a Penryn maltster and enemy of the corporation, who acted as Stanton’s leash-holder, gave the following enigmatic answer when asked by the Lords if he knew on what terms Stanton had gone there:
‘No; I believe there could be no terms at all; for I believe if I had not come into the bank [at Falmouth] a person would have shot him in the bank; he had two loaded pistols with him’.
‘Who would have shot him?’
‘The gentleman that recommended him to go down’.
He was not required to elaborate. Stanton became involved in a bitter contest with a corporation candidate and won by six votes after a three-day poll of 300 electors.
By then he was in serious financial trouble. His banking enterprise had failed ‘about two months’ after his election, which had cost between £2,000 and £3,000; he had paid back none of this by 1826.
The last trace of Stanton which has been found prior to his death is his appearance before the Lords committee on the Penryn disfranchisement bill, when he sorely tested the patience of his questioners with the evasiveness of his replies, particularly on the subject of his relationship with Hawkins. He denied Hawkins’s allegation that he had advanced him £1,000 for the payment of his public house bills and insisted that Hawkins had made no claim on his estate thereafter. He also firmly but unconvincingly denied having authorized direct bribery at his election and attributed almost the whole of his expenses to the cost of food and drink.
