Honorific Prefix: | The Right Honourable |
The Lord Revelstoke | |
Office: | Director of the Bank of England |
Term Start: | 1879 |
Term End: | 1891 |
Birth Name: | Edward Charles Baring |
Birth Date: | 13 April 1828 |
Education: | Rugby School |
Parents: | Henry Baring Cecilia Anne Windham |
Children: | 10, including John, Cecil, Everard, Maurice |
Relations: | Sir Francis Baring, 1st Baronet (grandfather) Evelyn Baring, 1st Earl of Cromer (brother) Henry Bingham Baring (half-brother) |
Edward Charles Baring, 1st Baron Revelstoke (13 April 1828 – 17 July 1897), was a British banker.
A member of the Baring banking family, "Ned" Baring was born on 13 April 1828. He was the second son of Henry Baring from his second marriage, to Cecilia Anne (née Windham). His younger brother was Evelyn Baring, 1st Earl of Cromer. His father, a Member of Parliament for Bossiney and Colchester, was divorced from Maria Matilda Bingham, a daughter of U.S. Senator William Bingham, the former wife of French aristocrat James Alexander, Comte de Tilly.[1] From his father's first marriage, his elder half-brother was Henry Bingham Baring, an MP Callington who married Lady Augusta Brudenell, a daughter of Robert Brudenell, 6th Earl of Cardigan.[2]
Sir Francis Baring, 1st Baronet was his grandfather and among his extended family were uncles were Sir Thomas Baring, 2nd Baronet and Alexander Baring, 1st Baron Ashburton (who married Ann, another Bingham daughter).
He was educated at Rugby School in Warwickshire.[3]
Baring in 1882 became senior partner in the family banking firm of Baring Brothers and Co until forced to step down following the Panic of 1890. Edward's younger brother Thomas also became a partner in the bank.[4]
He was also a Director of the Bank of England (1879–1891), chairman of Lloyds (1887–1892) and a Lieutenant of the City of London. On 30 June 1885 he was raised to the peerage as Baron Revelstoke, of Membland in the County of Devon.
The town of Revelstoke in British Columbia, Canada was renamed in his honour, commemorating his role in securing the financing necessary for completion of the Canadian Pacific Railway.[3]
On 30 April 1861, Lord Revelstoke married Louisa Emily Charlotte Bulteel, daughter of John Crocker Bulteel, MP, and his wife Lady Elizabeth Grey (herself the daughter of Charles Grey, 2nd Earl Grey). They had seven sons and three daughters, including:
Lady Revelstoke died in 1892. Lord Revelstoke survived her by five years and died in July 1897, aged 69. He was succeeded in the barony by his second but eldest surviving son John.[6]
Crest: | A Mullet Erminois between two Wings Argent |
Coronet: | A Coronet of a Baron |
Escutcheon: | Azure on a Fess Or a Hurt thereon a Mullet Erminois in chief a Bear's Head proper |
Supporters: | Dexter: a Bull Argent; Sinister: a Bear proper muzzled Or each charged on the shoulder with a Mullet Erminois |
Motto: | Probitate Et Labore (By uprightness and work) [7] |