Historical records matching Sir Francis Baring, 1st Baronet Baring of Larkbeer
About Sir Francis Baring, 1st Baronet Baring of Larkbeer
He was an English merchant banker, later becoming the first of the Baring Baronets. He was born at Larkbeare House near Exeter.
Profile portrait by Sir Thomas Lawrence Sir Francis, left with brother John & son-in-law Charles Wall
Encyclopedia Britannica (Sourced & copied from internet entry on Sir Francis Baring -1st Bnt.)
Sir Francis Baring, 1st Baronet
British financier and merchant
Written by: The Editors of Encyclopædia Britannica
Sir Francis Baring, 1st Baronet British financier and merchant born April 18, 1740
near Exeter, England died September 11, 1810
Sir Francis Baring, 1st Baronet, (born April 18, 1740, near Exeter, Devonshire, Eng.—died Sept. 11, 1810, Lee, Kent) British financier who established one of the most influential business firms in the history of the United Kingdom. The third son of a German immigrant, he went to London, where he gained experience in two mercantile firms and, in 1763, set up the partnership of John & Francis Baring & Company. At first he acted merely as an import and export commission agent for other merchants, but the house of Baring, known as Baring Brothers and Company after 1806, also bought merchandise on its own account, lent its credit in the form of acceptances, and received deposits of friends and clients. It became a key aid to the British government in financing the wars against France after 1792. Sir Francis also underwrote marine insurance and took an active part in the management of the East India Company, of which he was head in the year 1792–93 and for which he received his baronetcy. He was a friend of Jeremy Bentham, a follower in large measure of Adam Smith, and adviser to numerous politicians, the most notable being William Pitt the Younger.
One admirer stated in the Gentlemen’s Magazine that he was, at the time of his death, “unquestionably the first merchant in Europe; first in knowledge and talents, and first in character and opulence.” His house led in financing U.S. trade and marketing U.S. bonds, 1815–60; for its subsequent history, see Baring Family
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Sir Francis Baring, 1st Baronet Baring of Larkbeer's Timeline
April 18, 1740
Larkbeare, St. Leonard's, Exeter, Devon, England
October 25, 1769
February 3, 1771
June 12, 1772
January 18, 1776
Cromer, Norfolk, England, United Kingdom
December 8, 1779
September 23, 1781