Thomas Charles Baring

Thomas Charles Baring
Born
Died	April 2, 1891(1891-04-02) (aged 59)
Occupation(s)	Banker, politician
Known for	Partner in Baring Brothers & Co; Member of Parliament for Essex South and City of London

Thomas Charles Baring DL (16 May 1831 – 2 April 1891) was a prominent British banker and a politician affiliated with the Conservative party.

Life

Within the Baring family, he was commonly referred to as "T. C." or "Charley" to set him apart. He was the son of the Right Reverend Charles Baring, Bishop of Durham, and the grandson of Sir Thomas Baring, 2nd Baronet. His education was completed at Harrow School followed by Wadham College, Oxford. Subsequently, he became a partner in the family banking enterprise, Baring Brothers & Co. In 1874, he played a key role in financing the re-establishment of Magdalen Hall as Hertford College, Oxford by donating £30,000 through parliamentary legislation.

Baring commenced his parliamentary career in 1874 as the representative for Essex South, holding this seat until 1885. He later served as Member of Parliament for the City of London from 1887 until his death in 1891. His public service extended to acting as a Justice of the Peace across Essex, Middlesex, London, and Westminster. Additionally, he participated in the Royal Commission on Loss of Life at Sea between 1885 and 1887. During the financial crisis following the Panic of 1890, when Barings faced insolvency, he took charge of restructuring the firm into a limited liability company and assumed the role of Managing Director until his passing.

In 1859, Baring married Susan Minturn from New York City. The couple had seven children—four sons and three daughters—with two sons passing away in childhood. He died at age 59 in April 1891; his widow lived until January 1897.

External links

• Additional information from the Baring archive