Biography
Smith was born at Ashlyns Hall, Berkhamsted, Hertfordshire, England, and went into banking. He became known locally as a philanthropist, doing his best to improve educational standards in his home district. In 1834 he acquired the lease on the Isles of Scilly from the Duchy of Cornwall for £20,000, and set about changing the islanders' way of life, expelling those who could not find a job locally and evacuating some of the smaller islands, where small populations were farming at barely subsistence level.
Read more about this topic: Augustus Smith
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