Business Decline, Death, and Legacy
In 1789, the French revolution broke out and four years later war erupted between Britain and France. Throughout the next tumultuous decade, trade with Europe became increasingly difficult. As Boydell’s business relied heavily on foreign trade, especially French, his livelihood was threatened. When this market was cut off due to war in 1793, Boydell’s business declined substantially. He was forced to sell the Shakespeare Gallery, via a lottery, in order for his business to remain solvent. He died in December 1804 before the lottery was drawn, but after all of its 22,000 tickets had been sold.
According to Josiah, John Boydell caught a cold by going to the Old Bailey on a damp, foggy day to do his duty as an alderman. He died on 12 December 1804 almost bankrupt, but not without great public acclaim. He was buried on 19 December 1804 at the Church of St. Olave Old Jewry, his funeral attended by the Lord Mayor, aldermen, and several artists.
Boydell had, almost single-handedly, made British prints a viable economic commodity and had demolished the French domination of the trade. In a letter to Sir John Anderson, asking Parliament for the private Lottery Act to sell off the Shakespeare Gallery, Boydell stated that it was "sufficient to say, that the whole course of that commerce is changed". The Times wrote on 7 May 1789: "Historical painting and engraving are almost exclusively indebted to Mr. Boydell for their present advancement." Boydell also played a part in changing the nature of art patronage in Britain. Until he advocated public patronage in his various civic posts, the government had little to do with British art. According to Bruntjen, "it was due to the enthusiasm of Boydell and others that the English government eventually provided funds for the establishment of the National Gallery in 1824". Boydell helped to make artists independent of aristocratic patronage by providing commercial opportunities for them. He "attempted to free artists from the traditional forms of state and aristocratic patronage by creating a public taste for reproductive prints of historical subjects". Boydell's entry in the Dictionary of National Biography ends with the assessment that "no print publisher before or since has ever exerted as much influence on the course of British art".
Boydell's nephew and business partner, Josiah Boydell, continued his uncle's business for some time at 90 Cheapside, but by 1818, the business was wound up by Jane Boydell, and the assets purchased by Hurst, Robinson, and Co.
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