Hope was born in London on 7 April 1839, and died at Newcastle upon Tyne on 21 May 1785. He was an obscure member of a notable family; his grandfather was first Earl of Hopetoun, and his father was for a number o years MP for Linlithgow. Hope was educated at a private academy in Enfield, near London and then joined a merchant house in London but was not temperamentally suited to a career in commerce. In 1768 the patronage of his uncle, the second Earl of Hopetoun, gained him the parliamentary seat of Linlithgow in succession to his father, but he lost the seat two years later; thereafter he seems to have had no fixed occupation. His wife Mary, the daughter of a Middlesex gentry family, committed suicide in 1767, leaving three sons. All three of these went on to become notable in their respective careers: the eldest, Charles, became Lord Granton and president of the Court of Session in Edinburgh; the second, John, became a general, served under Wellington in Spain with some distinction and was knighted; the third, William, joined the navy, served with Nelson, and became an admiral and was likewise knighted.
From The Biographical Dictionary of British Economists in Oxford Reference.