He was born at Bromley Common, Kent, on 20 September 1793, the son of George Norman, a merchant in the Norway timber trade, and Charlotte, third daughter of Edward Beadon, rector of North Stoneham, Hampshire.
His father retired in 1824, and he remained in the timber trade till 1830, when he transferred it to Sewell & Co., his brother Richard Norman becoming a partner in the new firm.
During the commercial crisis of 1847 he spent much of his time at the bank, and conferred daily with Sir Charles Wood, Chancellor of the Exchequer, in Downing Street.
[1] Norman was for many years a governor of Guy's Hospital, and the last surviving original member of the Political Economy Club, founded in 1821.
In politics he was a liberal, and an advocate of free trade; in 1835 he was asked to stand for election to Parliament for the City of London, and later to contest West Kent, but declined.
[1] Norman died at Bromley Common, Kent, on 4 September 1882, within a few days of completing his eighty-ninth year.
[4] An influential pamphlet, it was criticised by Samuel Jones Loyd, John Horsley Palmer, and Robert Torrens, and was republished under somewhat new name in 1838.