The morning news. (Savannah, Ga.) 1887-1900, November 18, 1890, Page 5, Image 5
HOUSE cf baring bbothses. e;a >n3nton Comm -rcial and Inter tl3aft l Affairs For Three Gensr tions- fae Barinsts, fays the Herald, have been and r * men * or near D year*. Pat least a century tney have been ong the foremost and famous banking ■>ses of tns excelled in extent of station. Perhaps, only by the Rcths- V , 3 untarmsued commercial honor Baring has been like the of the Bank of England -a tower of omercial strength the world over. Peer " haV e been given the members of the ‘ , nouse ana some of the most distin - ted of Eng U.-h noblemen have in one ,v or another been connected with it. the family is of Dutch origin. Its ‘ Jer Peter, a burgher of Groningen, sained some little note after the sndation of the Dutch republic by WiU nof Orange. His grandson, Francis, was I utberan minister at Bremen, and came v with the ocher William of in 1888. He settled over a coarge of LX n ’aith in London. His son. who had ’ apprentice.! to a cloth manufacturer the old country, set up a mill of that cd in Devonshire, and did so well at it he moved to London and became a nous merchant. He sent his cloths alto- JL r the American colonies ani got ’t goods that he could sell to advantage London, and coined money both ways. diea rich, and was as well known for his pling honesty as for his wealth. ths BEGINNING OF BARING BROS, lohn Baring’s third son, Francis, suc ked to his father’s business and enhanced . re p U tation of the house. He had been refuilv trained for a commercial life, tea be first came into his father’s ware rise as an apprentice he was a sort of •thematical prodigy and amazed the old a js by the extent and profundity of his .culauons. T ~ (j rs£ he and bis brother John carried ' the cloth manufacture. This was the .-in of the house of to-day. Then John >aried of business and retired on an ample riuae. Francis went on, married an heiress, added r capital to his own, bought East India id bank stock, and began to tie looked upon one of the solid capitalists of his day. is advice was sought not only by the great prchants, hut by tne ministers of the gov- nnieut. „ , Lord Shelburne turned over all the puz ng quest,Oils of national finance to Francis tring. Pitt treated him as bis own coufi ntial adviser. He took a prominent part the settlement of trade questions with c young United States of America, then st organized, and was the virtual maua ir of the East India Company. IN PARLIAMENT. Francis Baring entered parliament in te4, and stayed there twenty years as a tding tory and authority on alt financial atttrs. In this time he became one of the magers of the Bank of England, grew to i noted for his liberality and kindness, be aded Charles Lamb, added steadily to i fortunes, and was known as “the prince English merchants." He died in 1810, a ronet, leaving property valued at 1,100,000. a prodigious sum in those days, id the best-known business house in igland. Sir Francis Baring bal five sons. The tst remarkable f these was Alexander, e second son. With his brother, Henry, took charge cf the business of Baring os. Thomas, the eldest son, inherited his Iber’s baronetcy and retired. The other p oitabiithed themselves in India. A GREAT CAREER. ier.ry Baring being a gambler and a legrace, the management of the house (upon Alexander. Few careers in busi for any other way of life have been so bessful. Alexander was thoroughly Rated in England and Germany. Then was put, for commercial schooling, ii i Amsterdam banking house of Hope & „ then the greatest ia the world, shea Hope & C<x were driven out of liiand into England by the French oonu [ion of their own country, young Baring be with them, the most perfect muster Sant of the mystery of European finance. Before entering his father’s house, Alex der visited the United States, where he imed the daughter of Senator Bingham, ta bequest from his father-in-law of 90,000 aud invested $300,000 in lands, hich soon doubled in value. He stayed ere five years and gained a very favor lie impres inn of the country, as well as any warm friends. EXTENDING THE BUSINESS. When Ua went home to become his father's moral manager, he was 30 years old. The st thing he did was to reorganize the 'use and extend its business. Then ho itered parliament as the member for aunton, and at once began to have a great are in shaping the financial and oommer al policy of England. His friendship for nerica was shown in his determined oppo iou to the orders in council, which filially ought about the war in 1813. Alexander Baring was the first great iancier of his time to recognize the futility trying to affect the prices of commodities legislation, and one of the first to advo le a national system of currency, so ar riged as to meet the varying needs of mmerce. h bile he was attending to public affairs was steadily building up the great fabric his own house. He went into the busi is Oi foreign loans in 1818, when he pulled i restored Bourbons of France out of their heal ties by negotiating for them a loan -qooo,ooof. it the convention of Aux-la-Chappelle was the monetary advisor and authority ail the national representatives. foreign loans. his was the beginning of the foreign il ® eS3 °h the house, which has since at !„ %’ ! ‘ mo , us proportions, so that the e fJ * Richelieu said there were six great firs in Europe— England. France, ?• rrussia and Baring Brothers. The , ration of national loans on a gigantic ® bscame the chief business of the .'"lander Baring, who had conceived Mscuted these bold ideas, retired from house in 1828, when he was only 54 ®la, and went to live at ease on his now estate at Shoreham. He left the in the hands of his son Francis, his ft®? 6 aQ<l J°“h ua Bates, an Ameri . he had previously taken them all as partners. His nephews ~ “ Q Baring, who had been in part in' 11 w ‘ th ates in Boston, and Thomas H ° * >ePn with 'he banking u, n °, ne ' To represent his own inter im . s °n-in-law, M. Humphrey Mr. Bates died in 1864, and L, r Thomas Baring was the chief - a S er of the house. IN PUBLIC LIFE. r.!fi liS i I i et ' rement from active business, Baring devoted himself to the he became a liberal patron, ■* m his house at Shoreham with the , priva te collection of paintings in Eu f.ff a few years of retirement, he came '“‘MoPublic life. ''Sun as a whig and the friend of :.. ou gham and Lord John Busseli. i inin ai ? entar y reform agitation turned Hrnl ° ry - He thought he saw a t invested capital in the ex- Ll a ° f ftl:o franchise. 1 h:!n ruo ' ) r,l i© was a controlling terror t, n ‘. ' . he felt sure there would be i’i imh r Jreform was carried out. f^gai.isuhebai 0 ' 1 fr ° m hW retr6at t 0 f r'thi? ta,,te of mob rule in good earn ■ and hr C I for a m °B attacked his t A . ' S windows, and after England !iarillg was the stiffest tory ®andm 3 , 1 “ Presvdent of the board of the min ter. The next burton and*!? poers Ke as Lord )a-: ltl ~ rf n and by that name he has a cer eSotiafe? nf® i n American history, for ° ustel the American treaty. THE ASHBURTON TREATY. This treaty grew. out of a dispum, which had lusted ever since the war of lisfj, about the northeastern boundary line ot the | United States. Thera was a strip of terri tory 100 miles wide and containing nearly I 1,000.000 acres, which both the United States and ite Dominion of Canada laid claim to. The King of the Netherlands took seven teen years to decide the dispute, and then decided it in such a way as to leave it more unsettled than ever. Then the United States and Great Britain quarrelled about it for ten years more, when the thing got I into such a shape that both sides began to | prepare for war. That was in IS4L Sir Robert Peel sent Lord Ashburton to Washington to try to make a peaceful com promise. Lord Ashburton found that many of the gentlemen appointed on the commission to treat with him were his personal friends of years before. Lord Ashburton was not a trained diplomat, but he had good business sense, and effected an arrangement by whion the disputed territory was split in two, and both sides were satisfied. Lord Ashburton died in 1848. His oldest son had never been connected with the house, aud hi* second son. Francis, retired from business when he succeeded to the peerage, and became Lord Ashburton in 1864, leaving the management of Boring Brothers in the hands of his cousin, Thomas Baring, and Thojnas Baring's sons. LATER DAYS OF THE HOUSE. Thomas Baring, who, by the way, is a son of the Bishop of Duroam, was reared to the peerage aud made Baron Revelstoke in 1835. He nas associated with him in re cent years several nephews and cousins, so that the house is now larger than ever. One of these nephews is a member of the firm of Kidder, Peabody & Cos., the New York correspondents of the house. Baring Bros, have branches or important correspondents and agents in every com mercial center in the world. Their North American interests have always been heavy ever since the days wnen old John Baring used to thip cloth to the colonies and get produce in return, and Alexander Baring made great sums from wild Pennsylvania lands. In the last few years, however, the South American interests of the firm have eclipsed their North American business. FURNISHING GOODS. LaFAR, Balter aad Men’s Furnisher. Dunlap’s Silk and Stiff Hats and Stetson’s Soft Hats, all the New Shapes for Fall and Winter. Full Dress Shirts, Vests and Neckwear. Fine Canes and Elegant Um brellas. Mackintosh Coats & Legglns. Hunting Boots in Rubber, and Canvas Gaiters. Ladies’ Riding Gauntlets and Crops. Elegant Buggy Robes and Wraps, in Seal and Plushes. Black Suspenders, Guiot Sus penders, Suspenders for Em broidering. Perrin’s and Foster’s Kid Gloves for Men, all sizes and shades. Men’s Fine Furnishings Gen erally, at LaFAR’S, PU BIJCATIOSS. WIDE AWAKE CHOIRS, CHORUS SOCIETIES and all MUSICAL ASSO CIATIONS will do well to send for lists and catalogue of our Chorus, Anthem or Gloa Books, Church Music Books, Singing Class Books. Oratorios. Cantatas, Quartets, Chorals, Octavo Pieces, etc. JEHOVAH'S PRAISE. sl. or $9 dozen. Emer son. Is a large, first-class Church Music Book, full of the best Metrical Tunes, An thems and Singing Class Elements aud Music. EMERSON’S EASY ANTHEMS, 80c.. 87 20 doz. GABRIEL’S NEW AND SELECTED ANTHEMS 81.89 perdoz. EMERSON S NEW RESPONSES, OOc.. or $6 doz. DOW’S RESPONSES AND SENTENCES, 80c., or 87 20 perdoz. SAXTO RAL, sl, or $9 doz. Palmer and Trowbridge. Are new- and thoroughly good books. CARL ZERRAHN’S ATLAS, 81. or 89 per doz. EMERSON'S CONCERT SELECTIONS, SI, 89 doz. Are excellent for Conventions. FOR THE CHILDREN'S CHRISTMAS. Caught Napping. 30c., 83 per doz. Lew-is. Mary's Stocking. 20c., or Si 70 doz. Shogren. Jingle Bells. 30c ,$3 per doz. Lewis. King Winter. 30c., $3 per doz. Xmas at the Kerchiefs. 20c , Si 80 doz. Lewis. Christmas Gift. 15c., 81 80 per dog. Rosabel. Kingdom of Mother Goose. 250., $2 28 doz. ANY BOOK MAILED FOR RETAIL PRICK. OLIVER DITSON COMPANY, BOSTON. C. H. DITSON & CO.. 867 Broadway, New York city. BBUK£B). STOCK, BOND and REAL ESTATE BROKER, OFFERS a full line of desirable securities, viz: Georgia Southern and Florida First 6s, Savannah and Western ss, Savannah Bank and Trust Company stock, etc., etc. A. L. HARTRIDQ-E, SECURITY BROKER, 13 UTS and m*l a aasualaslon an olaam l 4> Stocks and Beads. Negowatsa logos oo marketable sasorlMok Mew Tost MOtaUons farslahad by prtmm Sicker tee? Imo mtootaa LUMBER. McCauley, Stillwell k Cos., Yellow Pine Lumber, ROUGH OR DRESSED. Planing Mill, yard and office,Gwinnett street, east of 8., F. and W. Ry. Dressed Flooring. Ceiling, Mouldings, Weath erboarding, Shingles, Lathes, Etc. Estimates furnished and prompt delivery guaranteed. INSURANCE. CHARLES F. PRENDERGAST (Successor to R. H. Footman & C 0,,) FIRE, MARINE AND STORM INSURANCE, 106 BAY STREET, [Next West of the Cotton Exchange.! Telephone Call No. 34. Savannah. Ga. PLUMBER AND GAS FITTEiR. PLUM BING and GASFITTING IN ALL OF ITS BRANCHES. Estimates cheerfully furniahed. JOHN NICOLSON, Manager,. 38 draTTOn street. THE MORNING NEWS: TUESDAY, NOVEMBER 18, 1890. UNLIKE TEA & COFFEE-GCOD FOR THE NERVES. The claims of cocoa as a useful article of diet are steadily winning recognition. Unlike tea and coffee, it is not only a stimulant but a nourishes and it has the great advantage of leaving no narcotic effects. Hence it is adapted to general use The strong may take it with pleasure, and the weak with impunity. Van Houten’s Cocoa “BEST & COES FARTHEST/' „ A * S Coco * ("one. tried. always used")leave* no mjunoua effects on the ous system. It is no wronder. therefore, that, tu all part* of tho world, this inr*nfrtr' t Co,a recommended by medical en Instead of tea and coffee or other eocoasorchtwolateeto. dally OM . by children or adults, hale and elrh.rleh .- o .lL‘ oor . _ Large,j sa'e ,n the world." Ask for Vas Hocrtxsand to*, soortw. .y ''rU'lllilllilWHWWßWlW— mmmm o • * ' v • ' - • ' '> •> castoria for Infants and Children. “Castoria Is so well adapted tochildien that I recommend itaasuperiortoany prescription known to me" H. A. Archer, M. D„ 111 So. Oxford St., Brooklyn, N. Y. CLOTHING. THE WEATHER Has been against us, but our bones tell us that the COAL DEALER will usurp the ICEMAN’S Snap yet. We are will ing and ready. It is bad policy to put off getting anything you are COM PELLED to have until the period of NECESSITY arrives. This is appli cable to Winter Clothing. CLOTHING OVER Is TOO CHEAP to COATS. with you, and you will jL*, / can Show you never buy GOOD, t (* more MEN'S, BOYS’ WELL-MADE and— and CHILDREN’S STYLISH CLOTHING OvercooU than you can any cheaper than WE under any other will sell it to you, ‘ roo{ - All sorts - all L u ~ —~ sbajes—all prices. ifunuc ™ FOSTER'S KNUXShats. Men’s Gloves. LOEB’S NATURAL WOOL UNDERWEAR I s , h £!?!£™commended by the LEADING MEDICAL MEN the world over. We have it fcr MEN, LADIES. BOYS aud CHILDREN. All sizes. PHPUIHT i* td .A?-° SUITS this season. We display an immense stork in BLACK and u,. I~ I , FA aHJ ! JIE v "DTS’ SACK, SQUARE and ROUND. CUTAWAYS, one to four Buttons, Single and Double-Breasted. B. 11. LEVY & Bkf). SHOES. "V\rTT aTj They Will, Johnny. It __ __ J Would Be Impossible to TH Hold Them With a Two (jO ? Knot. Why, These Beautiful WPT A and Exquisite Styles of vv -L~lxx_ x SLIPPERS for Recep- W [TT, tion, Ball, Party and vv 1 1 Evening Wear. GrO ? We Request a Call from the LADIES OF SAVANNAH To Sse Some of tb© Finest Shoes Ever Made. They are Beauties, tbe Highest Art in Shoemak ing. Very Large Stock of Boys 9 and Grirls 9 School Shoes AT POPULAR PRICES. It Cannot Be Disputed that We Are the Lcadors in STYLISH FOOT WEAR in This City. Como aud See the GLOBE SHOE STORE, 169 BROUGHTON STREET. FURNITURE AXD CARPETS. About One Year Ago We occupied the building Southwest Corner Broughton and Barnard. Now we have it STOCKED WITH BARGAINS. The Handsomest Lino of Chamber, Parlor, Dining room and Office Furniture in the State. The Righest Patterns of Bridal Presents extant. Our Carpet Department is Replete with Bargains. LINDSAY & MORGAN, 165 and 167 Broughton Street. Children Cry for Pitcher’s Castoria. van nonEvs cocoa. T7*F STANDARD of THF WORT TANARUS) The Cestacr Compasv, 77 Murray Street, S. Y Castoria cures Colic, Constipation, Sour Stomach, Diarrhoea. KruotaDon, Kills Worms, gives sleep, axid promote® di gestion. Without injurious medication. CLOTHING. tKt Pxovi,,, The great forced sale of Clothing by “THE FAMOUS," to begin Monday, the 17th, and to ontmue for ten days, will break the record of all slaughter sales. Mild weather and heavy stock compel the sacrifice. You know of old that “THE FAMOUS" is not iu tho habit of bragging, but if tve don’t sell you Clothing for the next ten days with a saving of 35 per cent, (to put it strongly) you may take our head for a foot ball. Remember, this forced sale is for the CASH. Credit is entirely suspended. * "TIIE FAMOUS” Clothing House, 148 Broughton streit. BENNETT IIYMES, Proprietor. MEDICAL P.P.P. - • ' 1 CURES SYPHILIS — S!™r"p!?n3| l T and prescribe it with gr**t satisfaction for ths cinw of nil forms and stages of Primary, Smoriar* wmt Trtl arv Cu^SomAi fj'TM, GUndutar SwelHuga, Rhffiinniti.-m, Malaria, old p.p.p.a& "ST!T curlal Poison, Tatter, Scald etc., etc. P- It n tffiwerful tonic and an rxcollsnt appef'ser, )URES RHEUMATISM hulM'ng up tha syitem F-sdies whoa* svitems are potwined and whose blood Is In or ImfMire condition due to ineustrnal irreeularl'. fa at* nnnr cures r.r.r. Malaria peuai ariy bettemta nv me CleMilng proptrtlo. of F. P. p., Prickly Alb, Poke Root f.nd Pofaitiuoi. Curls’dyspepsiA LIPFMAN BEOS., Proprietors, Drngglato, Lippman'sßlock, BAVANHAH, GA. WALL PLASTER, Adamant Wall Fluster, The new and only superior substitute for common Lime Mortar. BECOMES PERFECTLY DRY AND HARD IN 24 HOURS. Indorsed by the leading Architects and Build ers throughout tne country, and needs only a trial to be appreciated. Any further information will be promptly given on application. SOUTHEASTERN PLASTER CO., Savannah, Ga. WoW-OLD UPPER RICE MILL. MEDICAL. FORTTJISrXr FORTUNA cures Nervous Headache. FORTUNA euros Neuralgia. FORTUNA euros Toothache. FORTUNA relieved Mr. Lester Hubbell. FORTUNA relieved Mr. M. L. Harnett. FORTUNA relieved Mr. Charles A. Gross. FORTUNA relieved Mr. Hunt. FORTUNA relieved fifty-seven headaches one day. Make your druggist get it for you; take no other. For sale wholeealoby LIPPMAN BROS, SOLOMONS & CO, Wholesale Druggists O. Davis it Son 180 Bay street will relieve you free of charge. PAINTS AND OIL.". JOHN Gr. BUTLER, WHITE LEADS, COLORS, OILS, GLASS, *> VARNISH, ETC: READY MIXED PAINTS; RAILROAD. STEAMER AND MILL SUPPLIES; SASHES, DOORS, BUNDS AND BUILDERS’ HARDWARE Sole Ag-nt for i LADDUME. CALCINED PLASTER, CEMENT. BAIR AND LAND PLASTER. 140 Congress street and IK St. Julian street Savannah, Georgia. DRY GOODS. :•. / 2 i O GhTAW ,E(KSIEiN 4IH efer soir sa ineeaso I "\ 7 I JL I iO foe o! French aai liernu D:!!j or their #Mia ; [Hirtaiioi Fried tho lihest ever nnie on InporleJ Da!k ECKSTEIN’S SI 25 F S F “4ißoriet[a 730. No McKialey “High Tariff’ Prires at Eckstein's. 75c ":r: Dress Goods 48c (ft For Best Quality. g y Zo Blankets Silks Slaughtered W LONG. A1 I CHILDREN’S, 1 Cloaks 836 Cloaks Owing to the continued warm weather, Gustave Eck stein & Cos. will sacrifice the entire stock of Cloaks at about half price. Sacrifice S Underwear NP \A/ Gustavo Eckstein & Cos. offer an elegant line of • V V novelties in Fine Silver-plated Ware, Hair Brushes, Combs, Mirrors in Silver, Liquor Flasks, Whisk Brooms, Cloth Brushes, Shaving Mugs in Silver, Rose Jars, Ink Stands, Pin Cushions, Jewel Cases, Bon Bon Trays, Smokers’ Sets, Crumb Trays, and other articles in silver. HOLIDAY GOODS NOW OPEN. HSTffl isiss 1 [O. I CRNITI7BB ANII CAKPJCTft. fel FURNITURE OF EVERY DESCRIPTION AT LOW" EST PRICES! H W A CARPETS, MATTINCS, | | OIL CLOTHS, SHADES, ETC. 7 /f. :S ami 12? fail Slii OOAI-. HOWDY HAVE YOU TRIED BROWN’S SEA FOAM SOAP? It Preserves the Clothes, is an Excellent Toilet und Bath Soap, being very FRAGRANT. Put up in bars at Five cents eacu. Can be had of all popular grocers. Henry Solomon & Son WHOLESALE AGENTS. COTTON FACTORS^ Thomas F. Stubbs. W uxiab 8. Tiso.'U IISOX, Cotton Factors, 86 BAY STREET. SAVANNAH, - GEORGIA Liberal advances made on consignments of cotton. ttKAIN AND PROVISIONS. Red Rost Proof WOais DIRECT FROM TEXAS. SEED RYE; COTTON SEED MEAL; Corn, Hay, Oats, Etc. —SOLE AGENT FOR— ORSOR'S MANHATTAN FOOD. T. J“_ XD.A-'VIS. 1M BAY STREET ZHTCZr MACHINERY. IcDonongh <& Ballantyn^ IRON FOUNDERS, Machiaisti, Boiler Makers and Bhcksmife; H ANUFACTTRERS OF STATIONARY AND PORTABLE ENGINES, VERTICAL AND TOP RUNNING CORN MILLS. SUGAR MILLS and PANS. AGENTS lor Alert and Uaiou Injector*, the ■impieat and roost effective ou uie tu&rkat; GulWitt Light Draft Magnolia Outiuu Uta, the best in the market. All -wdara promptly attended to. tad hi Price List. 5