Edward Baring, 1st Baron Revelstoke

Edward Charles Baring, 1st Baron Revelstoke (13 April 1828 – 17 July 1897), was a British banker.

Biography

A member of the Baring banking family, "Ned" Baring was the second son of Henry Baring from his second marriage, to Cecilia Anne (née Windham). Sir Francis Baring, 1st Baronet, was his grandfather and Evelyn Baring, 1st Earl of Cromer, his younger brother. Educated at Rugby, 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. 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. In 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.

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), in 1861. They had seven sons and three daughters. Their fifth was the man of letters Maurice Baring. 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. Edward's younger brother Thomas also became a partner in the bank.

He was the great-great-grandfather of Diana, Princess of Wales, through his daughter the Honourable Margaret Baring, who married Charles Spencer, 6th Earl Spencer.

Ancestry

Cultural references

  • Appears as a minor character in the historical-mystery novel Stone's Fall, by Iain Pears.
  • Appears in the Nightmare Song, from Gilbert & Sullivan's Iolanthe, when the Lord Chancellor sings that "The shares are a penny and ever so many are taken by Rothschild and Baring"

See also

References

Peerage of the United Kingdom
Preceded by
New Creation
Baron Revelstoke
1885–1897
Succeeded by
John Baring

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