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Herbert Somerton Foxwell (1849-1936) was a dedicated book-collector and bibliophile, who formed a large collection of economic books printed before 1848. In 1901, Foxwell sold his library to the Worshipful Company of Goldsmiths (Goldsmith's Company) for £10, 000 in 1901. At that time it contained about 30,000 books. The Company also generously provided Foxwell with a series the wherewithal to make further acquisitions for addition to the Library, which was given to the University of London in 1903.