Smith, head of the prominent family banking partnership, retained the seat in Parliament for Nottingham in which he had succeeded his father. Politically he was ‘influenced only by personal attachment’ to Pitt; indeed he was reported to be ‘a man light and unfixed in his general manner, but it is understood that Mr Pitt has found him useful in matters of business and calculation’. In 1790 Pitt provided him with £5,000 from the secret service fund, probably to secure his brother Samuel’s return for Leicester.
Smith had ‘no parliamentary talents’,
Smith’s loyalty to Pitt was sealed when he purchased the proprietary interests at Midhurst and Wendover before the election of 1796. He would have preferred Gatton to Midhurst, but failed to secure an exchange.
The first will perhaps surprise you, though personally you will not feel averse to it. It is for our friend Bob Smith, who in addition to every other motive for wishing to gratify him, has as strong a political claim to any favour from government, as can be derived from choosing without expense four friends into the new Parliament for his own quiet seats, and finding at a great expense, and with great trouble, three others for himself and his two brothers. Putting private friendship out of the question, I think you will agree with me that this places him in a situation different from most supporters of any government.
Only one of his brothers was in fact returned, but after his own re-election Smith received his Irish barony. He chose the title of Carrington, ‘which has already been enjoyed by a person of the name of Smith, and as Garter asserts, by no other family whatever’, as the Duke of Portland informed the King. There was no blood connexion between the earlier peer and himself and there was some complaint at the ennobling of a commercial family. Lord Bathurst thought Carrington had ‘managed very ill; as I think he might have got that honour with less money, and more credit to himself, by not purchasing his boroughs’.
Carrington transferred his political allegiance to Lord Grenville in 1806, somewhat to the indignation of inveterate Pittites. His son informed Lord Melbourne, 2 Feb. 1850, that it was their likely reaction that prevented him from accepting an earldom offered by Grenville. In the election of 1806 he regained Nottingham for one of his brothers and secured Hull for his son-in-law. He remained Grenville’s supporter out of office, occasionally returning men of talent with members of his own family for his borough seats. From 1815 he did not adhere closely to Grenville’s line, but in later years was certainly as conservative.
