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The Late Mr. Thos. Baring, M.P., Chairman of the Institution

THIS gentleman, who had been for nearly twenty years the much-respected Chairman of the NATIONAL LIFE-BOAT INSTITUTION, died at Bournemouth on the 18th Nov., after a lingering illness, extending over two years. He was in the 74th year of Ms age.

Mr. Baring was the senior partner of the great mercantile house of Messrs. BARING BROTHERS and Co., Bishopsgate Street. He was the second son of the late Sir THOMAS BASKS, Bart. In 1866 Sir THOMAS'S eldest son was created Lord NORTHBROOK, and kit son, the present Lord NORTHBROOK, is the "Viceroy of India, After the usual course of education at Winchester College, Mr. BARING joined, in 1828, the London house. His eminent capacity for business soon made Mm a leading member of the partnership. On the one hand, Ms judgment was remark- able for soundness and caution; while, on the other, there was extensive knowledge of men and affairs, a high and scrupulous tone of honour, and a watchfulness to avail himself with energy and spirit of the new openings for commerce which the rapid changes of the last forty years have constantly presented.

Mr. BANKS had some claims to be considered a statesman; and it is said that on two occasions he was offered, both by the late Earl of DERBY and Mr. DISRAELI, the post of Chancellor of the Exchequer, which it was felt he would fill with honour to himself and satisfaction to the great world of commerce and finance of which he was one of the acknowledged heads.

He had sat in Parliament nearly forty years. In the House Mr. BARING was a high authority on the special topics with which he was credited with exclusive in- formation, and his death removes an influence and a presence from the City and the House of Commons which will not soon be forgotten.

He had cultivated a taste for art; and as a patron of efforts to advance excellence in painting, and as a collector of one of the most famous of private galleries, his influence has been of great service to the country. For the advancement of know- ledge he was ever ready to give time and money. There was scarcely an institution in the metropolis having any claims to the performance of useful scientific and educational work which he did not support with the liberality and constancy characteristic of him. Nor was he a patron attracted by mere success. If he had once satisfied himself that a scheme was sound, no temporary discouragement or failure could render Mm less its friend.

He filled in the City of London nearly all the posts of honour in a sense inseparable from Ms eminence as a merchant.

He was for many years Chairman of Lloyds, Director of the Bank of England, of the East and West India Docks, of the West India Royal Mail Company, and a Neutrality Laws Commissioner.

In 1854 Mr. BARING was elected Chair- man of the Committee of Management of the NATIONAL LIFE-BOAT INSTITUTION, in succession to the late Mr. Alderman THOMPSON, M.P., which office he held to the close of his life.

He was in everything simple and courteous, and avoided every trace of self- assertion and inordinate display. In all essential respects he exhibited the nobleness and liberality of the true merchant,—in whom sagacity and prudence, directing the employment of abundant resources, more in harmony with largeness of mind and generosity of feeling.

The Committee of Management of the NATIONAL LIFE-BOAT INSTITUTION, at their first meeting after Mr. BARING'S death, recorded their deep regret at the loss of one whose cordial co-operation in the cause of humanity they had often had occasion to appreciate, and by whose lamented death the Institution had been deprived of a most esteemed and valued Chairman. (Vide p. 22.).