In the course of the next few years he wrote comparatively little, but he continued his reading, and also derived much, benefit from discussions held twice a week at Grote's house in Threadneedle Street.
Those at St Peter's, Westminster, and St Paul's, attained a fame which has survived, while other similar foundations lapsed, such as St Anthony's (Threadneedle Street, City), at which Sir Thomas More, Archbishop Whitgift and many other men of eminence received education.
He received the rudiments of education at St Anthony's School in Threadneedle Street, at that time under Nicolas Holt, held to be the best in the city.
His grandfather, Andreas, originally a Bremen merchant, was one of the founders (1st of January 1766) of the banking-house of Grote, Prescott & Company in Threadneedle Street, London (the name of Grote did not disappear from the firm till 1879).
He settled in 1820 in a house attached to the bank in Threadneedle Street, where his only child died a week after its birth.