Russell Scott (merchant)

[3][4] Scott in 1818 went to work on the accountancy side of William Cory & Co., a firm in which his had parents invested through the Hawes family connection.

[6] In the early 1830s Cory & Scott had 23 barges and 5% of the seacoal trade that brought coal from the Northumberland Coalfield along the coast to London.

[12] Russell Scott became a close friend of Taylor, and invested money in the Manchester Guardian.

[13] In 1825 Taylor bought the Manchester Mercury and another newspaper, and Ayerst believes he was able to do that with a loan from Scott.

Russell Scott was one of the group financing a loan to allow the drop in price from tuppence to one penny in 1857, a successful business move.