
Sir Henry Babington Smith (29 January 1863 – 29 September 1923) was a senior British civil servant, who served in a wide range of posts overseas, mostly financial, before becoming a director of the
Bank of England. He was related to the
Babington family through his maternal grandmother Mary, a daughter of
Thomas Babington, and his children took the
double surname Babington Smith.
Early life and education
Smith was born at Riverbank, Putney, London on 29 February 1863, the son of the lawyer and mathematician
Archibald Smith. His brothers were
James Parker Smith, later an MP, and
Arthur Hamilton Smith, later Keeper of Greek and Roman Antiquities at the
British Museum. He was educated at
Eton College and
Trinity College, Cambridge, where he read
classics
Classics, also classical studies or Ancient Greek and Roman studies, is the study of classical antiquity. In the Western world, ''classics'' traditionally refers to the study of Ancient Greek literature, Ancient Greek and Roman literature and ...
. He was a
Cambridge Apostle.
Career
In 1887 he joined the
Board of Education as an examiner, but in 1891 became principal private secretary to the new
Chancellor of the Exchequer,
George Goschen.
In 1894 he became private secretary to
Lord Elgin on his appointment as
Viceroy of India. This relationship was cemented when he married the Viceroy's eldest daughter, Lady Elisabeth Mary Bruce (1877–1944), on 22 September 1898 in
Simla.
For his work in India, he was appointed
Companion of the Order of the Star of India (CSI) in 1897.
He returned to Britain in 1899 and was immediately sent to
Natal as
Treasury representative in the
South African War. In 1900 he became British representative on the
Council of Administration of the Ottoman Public Debt, in the nominally Ottoman Egypt, becoming its chairman in 1901. In the same year, he was awarded the Osmanieh Order, Class 1. In 1903 he returned home to become secretary to the
General Post Office, and was appointed
Companion of the Order of the Bath (CB) in 1905 and
Knight Commander of the Order of the Bath (KCB) in 1908.
In 1909, he went to
Constantinople as president of the
National Bank of Turkey, which he was instrumental in establishing. He turned down the post of
Governor of Bombay, one of the most prestigious posts in the administration of India, because it was usually accompanied by a
peerage
A peerage is a legal system historically comprising various hereditary titles (and sometimes Life peer, non-hereditary titles) in a number of countries, and composed of assorted Imperial, royal and noble ranks, noble ranks.
Peerages include:
A ...
. Smith explained to his children: "
man is wise who burdens a large family with such trappings. I did without them and so can you."
The
First World War
World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting to ...
saw him holding a variety of posts connected with finance, including deputy governor of the
British Trade Corporation. In 1915 he participated in the
Anglo-French Financial Commission to the United States. He was appointed to the
Order of the Companions of Honour (CH) in 1917. In 1918 he accompanied
Lord Reading to the United States as Assistant Commissioner and
Minister Plenipotentiary.
After the war, he chaired the Indian Finance and Currency Committee in 1919 and the
Railway Amalgamation Tribunal in 1921. He was appointed a director of the
Bank of England in 1920.
Smith was appointed
Knight Grand Cross of the Order of the British Empire (GBE) in the 1920 civilian war honours for his services in the United States.
Family
Babington Smith married Lady Elizabeth Bruce (1877–1944), the eldest daughter of
Victor Bruce, 9th Earl of Elgin, the Viceroy of India. They had four sons and five daughters:
*
Michael Babington Smith (1901–1984): Brigadier, CBE, TD
* Henry Babington Smith (1902–1982)
*
Bernard Babington Smith (1905–1993): OBE
* Margaret Babington Smith 1907–1997), married Charles de Bunsen
* David Babington Smith (1909–1989)
* Lucy Babington Smith (1910–2005), married
Henry Sinclair, 2nd Baron Pentland
*
Constance Babington Smith (1912–2000): MBE,
Legion of Merit
* Susan Babington Smith (1917–2003), married Sir Anthony Wakefield Cox
* Elizabeth Babington Smith (1921–2008): MD, FFARCS, married to Reece Lloyd-Jones
The family home was Chinthurst, in
Wonersh, and later Vineyards, in Saffron Waldren.
Ancestry
Footnotes
References
* Obituary, ''
The Times
''The Times'' is a British Newspaper#Daily, daily Newspaper#National, national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its modern name on 1 January 1788. ''The Times'' and its si ...
'', 1 October 1923
* "Here be Forebears – The Ancestry of Archibald Smith II of Jordanhill", H.E. Babington Smith, 1997
{{DEFAULTSORT:Babington Smith, Henry
1863 births
1923 deaths
People from Jordanhill
People educated at Eton College
Alumni of Trinity College, Cambridge
Secretaries of the General Post Office
Civil servants in the Department of Education (United Kingdom)
Civil servants in HM Treasury
Knights Grand Cross of the Order of the British Empire
Members of the Order of the Companions of Honour
Knights Commander of the Order of the Bath
Companions of the Order of the Star of India
Private secretaries in the British Civil Service
Foreign recipients of the Legion of Merit
Henry
People associated with the Bank of England
British people in colonial India
Teachers at Winchester College