Doubting the firm would ever achieve a sound financial footing, Faulkner resigned as financial manager in 1864 and returned to his fellowship at Oxford, although he maintained his ties to his erstwhile partners, accompanying Morris and
Eiríkr Magnússon on their 1871 trip to Iceland and remaining a shareholder of the firm until it was reorganized as Morris & Co. in 1875. At Oxford, Faulkner served as
bursar (1864–1882), dean of degrees (1875–1889), registrar (1866–1882) and librarian (1884–1889). He resigned his Oxford fellowship after suffering a stroke in 1888 and died in 1892. ==Notes==