The morning news. (Savannah, Ga.) 1887-1900, November 18, 1890, Page 5, Image 5

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    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