Baring was heir to the baronetcy conferred on his grandfather Francis Baring†, the founder of the family merchant bank. He was born in Calcutta, where his father held a succession of East India Company offices before returning to England in 1798. His mother was a Quaker and his tutelage under John Venn and William Farish, in the company of Venn’s son Henry, the future leader of the Clapham Sect, gave an Evangelical hue to his early education. Although the ‘wonderfully soporific’ atmosphere of Oxford encouraged his self-confessed tendency to idleness, he took a double first in classics and mathematics, the second gentleman commoner to do so after Robert Peel*. His essential serious-mindedness is revealed in his travel journals. While in Italy in 1815 he dubbed the expatriate English ‘the locusts of the continent’ and he was similarly offended by the ‘egregious coxcombs’ whom he encountered in Parisian society on a second European tour in 1818. He was more impressed with the standard of debate in the French national assembly, which he ascribed to the wider participation facilitated by a circular chamber. In Berlin, he was ‘almost singular in liking a place which even the inhabitants seem to dislike heartily’, and dined on the hospitality of the ambassador, Sir George Henry Rose*, a fellow Wykehamist and cricket enthusiast, before moving on to Italy.
Baring’s father had anticipated in 1817 that ‘from his character, understanding and acquirements’ he would ‘do credit to his family and country’ and determined that he should read for the bar. Baring agreed that ‘the knowledge of the history and laws of my country are necessary to me, and five or six years shall be applied to them’, though he had no intention of pursuing a legal career.
It was for this borough that he was offered a seat at the 1826 general election by its patron John Carter*, a Hampshire neighbour of his father, whom Baring had met during a brief foray into legal practice on the western circuit in 1824. On the condition that he supported parliamentary reform, he was returned free and unopposed by the compliant electorate, to whom he had paid the courtesy of a canvass in April.
attend committees assiduously, to take part in the discussions there when I have really anything to say, but to do that as shortly and as much to the point as possible, and with as little violence. This may perhaps lead to an opportunity of saying something to the purpose in the House, if not, it is valuable both for gaining character and ... confidence. It is not till a man has made more than half a dozen speeches and has mingled a little in the business of the House that he has a fair opportunity of making the most of himself.
Ibid. i. 50.
He was sworn in and took his seat, 20 Nov. 1826, and from a newcomer’s sense of duty attended the king’s speech the next day. His first vote was in the ministerial majority against Hume’s amendment to the address, 22 Nov., when he was relieved to find himself not alone among the Whigs. He voted for Grattan’s amendment for economies in expenditure and inquiry into Ireland the same day. In December he expressed the private opinion that the government were duty bound to protect Portugal from French aggression.
Baring presented petitions for repeal of the Test Acts, 15, 20 Feb., and voted thus, 26 Feb. 1828. In his first full speech, 4 Mar., he gave a glowing account of a Canadian emigration scheme, which he regarded as a useful bulwark against American expansionism. He was co-author of a bill to regulate friendly societies and was appointed to its select committee, 25 Mar., but the legislation foundered amid opposition from the bodies concerned and he presented hostile petitions from local societies, 17, 21, 24 Apr. He expressed ‘many objections’ to the pauper lunatics bill, 27 Mar., and was appointed to the revived select committee, 6 June. He voted against the government-backed plan to sluice the corrupt borough of East Retford, 21 Mar., for relaxation of the corn laws, 22 Apr., and for the more efficient recovery of customs penalties, 1 May. On 17 June he presented a petition for the abolition of slavery from Chipping Wycombe, his father’s constituency. He disagreed with a proposal to give county magistrates concurrent jurisdiction over alehouse licensing in boroughs, 19 June. Taking the opposite view to his uncle Alexander Baring, he voted for revision of the usury laws that day. He was in minorities against the misuse of public money on Buckingham House improvements, 23 June, for inquiry into abuses in the Irish church, 24 June, and against the additional churches bill, 30 June 1828.
After the concession of Catholic relief by the Wellington ministry, Baring joined the committee to re-elect Peel, the home secretary, for Oxford University. Writing to his wife, he blamed Peel’s defeat on the country clergy, who ‘in a year hence will be heartily sorry for what they have done’.
I seem rather to have retrograded than advanced. I have done very little, having only talked a few sentences upon very inferior and trifling subjects ... but the state of the House ever since the Catholic question has rendered speaking almost impossible, and the Catholic question was too large and too warm a subject to try one’s hand on. Most of the other subjects went off entirely or became of no interest.
Ibid.
Baring voted for Knatchbull’s amendment to the address, 4 Feb. 1830, though he subsequently fretted in private about ‘going too much into coalition with the ultra Tories’. He may have been the ‘Mr. Baring’ appointed to the select committee on the East India Company, 9 Feb., and despite his being misidentified in some London papers, it was certainly he who raised the case of a convict’s delayed release from compulsory naval service, 11 Feb.
At the 1830 general election he apologized to his constituents for missing a division on colonial slavery, presumably that of 13 July, and with reference to the recent deposition of the French king, proposed a toast to ‘civil and religious liberty all over the world’. He was again returned unopposed.
At the ensuing general election Baring was again returned for Portsmouth unopposed. On the hustings he referred to his personal efforts to effect retrenchments through salary reductions and defended the reform bill, alluding to the democracies of ancient Greece.
Today I have had ... to lay hold of a respectable farmer and his wife from their own fireside, and from the evidence not without cause. The woman had marshalled the mob in twenties to receive their pay, and accompanied them on horseback to break engines and extort money. She was not rightly an object of pity, but nevertheless I never was so civil to any woman before, nor so gallant, if you can fancy me gallant.
Baring Jnls. i. 76-77.
When the matter came before the House, 21 July 1831, Baring gave a similar account of the episode by way of self-justification, though the main target of opprobrium was his cousin William Bingham Baring*, who had been convicted of assault in making the arrest. Althorp, who had advised Baring beforehand, considered that he ‘did admirably ... not better however than I expected, for his abilities are first rate and his judgement as good as his abilities’
Baring voted for the second reading of the revised reform bill, 17 Dec. 1831, and again divided steadily for its details, acting as a government teller against limiting polling in small boroughs to one day, 15 Feb. 1832. He chaired the reform bill committee on its first and last days and voted for its third reading, 22 Mar. On 4 Feb. he advised Althorp that he might have hard work in the House over the Russian-Dutch loan, on which he of course voted with his ministerial colleagues, 26 Jan., 12, 16, 20 July, and vainly urged him not to put the entire pension list in a single estimate, thus rendering it more conspicuous. He approved of the decision to retain Althorp as leader of the Commons, 1 Apr., a position for which he had previously mooted Edward Smith Stanley as a worthy successor.
At the 1832 general election Baring was returned again for Portsmouth after a contest with a more advanced Liberal.
His manner was cold and his disposition reserved, so that he had few friends or even political followers, but no man was more respected and trusted by those who had to deal with him, as was shown when he came into high office. He had a clear head and considerable powers of reasoning, and was a sound and well informed financier. In the diligent performance of his official duties he had no superior.
Baring Jnls. i. 43; Le Marchant, 490.
Baring became head of the family on the death of his father in 1848, when he succeeded to the baronetcy and Hampshire seat of Stratton Park. Appointed head of the admiralty in Russell’s ministry next year, he was regarded by Erskine May as ‘the fairest first lord who ever administered that department’.
