Matthew Boulton - Family and Later Life, Death, and Memorials

Family and Later Life, Death, and Memorials

When Boulton was widowed in 1783 he was left with the care of his two teenage children. Neither his son Matthew Robinson Boulton nor his daughter Anne enjoyed robust health; the younger Matthew was often ill and was a poor student who was shuttled from school to school until he joined his father's business in 1790; Anne suffered from a diseased leg that prevented her from enjoying a full life. Despite his lengthy absences on business, Boulton cared deeply for his family. He wrote to his wife in January 1780,

Nothing could in the least palliate this long, this cold, this very distant separation from my dearest wife and children but the certain knowledge that I am preparing for their ease, happiness and prosperity, and when that is the prise, I know no hardships that I would not encounter with, to obtain it.

With the expiry of the patent in 1800 both Boulton and Watt retired from the partnership, each turning over his role to his namesake son. The two sons made changes, quickly ending public tours of the Soho Manufactory in which the elder Boulton had taken pride throughout his time in Soho. In retirement Boulton remained active, continuing to run the Soho Mint. When a new Royal Mint was built on Tower Hill in 1805, Boulton was awarded the contract to equip it with modern machinery. His continued activity distressed Watt, who had entirely retired from Soho, and who wrote to Boulton in 1804, "our friends fear much that your necessary attention to the operation of the coinage may injure your health".

Boulton helped deal with the shortage of silver, persuading the Government to let him overstrike the Bank of England's large stock of Spanish dollars with an English design. The Bank had attempted to circulate the dollars by countermarking the coins on the side showing the Spanish king with a small image of George III, but the public was reluctant to accept them, in part due to counterfeiting. This attempt inspired the couplet, "The Bank to make their Spanish Dollars pass/Stamped the head of a fool on the neck of an ass." Boulton obliterated the old design in his restriking. Though Boulton was not as successful in defeating counterfeiters as he hoped (high quality fakes arrived at the Bank's offices within days of the issuance), these coins circulated until the Royal Mint again struck large quantities of silver coin in 1816, when Boulton's were withdrawn. He oversaw the final issue of his coppers for Britain in 1806, and a major issue of coppers to circulate only in Ireland. Even as his health failed, he had his servants carry him from Soho House to the Soho Mint, and he sat and watched the machinery, which was kept exceptionally busy in 1808 by the striking of almost 90,000,000 pieces for the East India Company. He wrote, "Of all the mechanical subjects I ever entered upon, there is none in which I ever engaged with so much ardour as that of bringing to perfection the art of coining."

By early 1809 he was seriously ill. He had long suffered from kidney stones, which also lodged in the bladder, causing him great pain. He died at Soho House on 17 August 1809. He was buried in the graveyard of St. Mary's Church, Handsworth, in Birmingham – the church was later extended over the site of his grave. Inside the church, on the north wall of the sanctuary, is a large marble monument to him, commissioned by his son, sculpted by the sculptor John Flaxman. It includes a marble bust of Boulton, set in a circular opening above two putti, one holding an engraving of the Soho Manufactory.

Boulton is recognised by several memorials and other commemorations in and around Birmingham. Soho House, his home from 1766 until his death, is now a museum, as is his first workshop, Sarehole Mill. The Soho archives are at the Birmingham City Archives. He is recognised by three blue plaques, at his Steelhouse Lane birthplace, at Soho House and at Sarehole Mill. A gilded bronze statue of Boulton, Watt and Murdoch (1956) by William Bloye stands outside the old Register Office on Broad Street in central Birmingham. Matthew Boulton College was named in his honour in 1957. The two-hundredth anniversary of his death, in 2009, resulted in a number of tributes. Birmingham City Council promoted "a year long festival celebrating the life, work and legacy of Matthew Boulton".

On 29 May 2009 the Bank of England announced that Boulton and Watt would appear on a new £50 note. The design is the first to feature a dual portrait on a Bank of England note, and presents the two industrialists side by side with images of a steam engine and Boulton's Soho Manufactory. Quotes attributed to each of the men are inscribed on the note: "I sell here, sir, what all the world desires to have—POWER" (Boutlon) and "I can think of nothing else but this machine" (Watt). In September 2011 it was announced that the notes would enter circulation on 2 November.

In March 2009, Boulton was honoured with the issue of a Royal Mail postage stamp.