Henry Babington Smith

Sir Henry Babington Smith GBE CH KCB CSI (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.

Sir Henry Babington Smith GBE CH KCB CSI
President of the National Bank of Turkey
In office 1909–1915
Secretary to the General Post Office
In office 1903–1909
Chairman of the Caisse de la Dette Publique
In office 1901–1903
Personal details
Born	(1863-01-29)29 January 1863 Riverbank, Putney, London, England
Died	29 September 1923(1923-09-29) (aged 60)
Occupation	Civil servant

Sir Henry 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. 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. Smith explained to his children: "[n]o man is wise who burdens a large family with such trappings. I did without them and so can you."

The First World War 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

Lady Elizabeth Mary Bruce (later Babington Smith).Simla.1898

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

Ancestors of Henry Babington Smith

16. John Smith of Craigend 8. Archibald Smith of Jordanhill 17. Jane Duncan 4. James Smith of Jordanhill 18. Baillie William Euing 9. Isobel Euing 19. 2. Archibald Smith of Jordanhill 20. Alexander Wilson 10. Alexander Wilson 21. 5. Mary Wilson 22. 11. 23. 1. Sir Henry Babington Smith 24. 12. Charles Stuart Parker 25. 6. Sir James Parker 26. 13. Mary Rainey 27. 3. Susan Emma Parker 28. Thomas Babington of Rothley Temple 14. Thomas Babington of Rothley Temple 29. Lydia Cardale 7. Mary Babington 30. Rev. John Macaulay 15. Jean Macaulay 31. Margaret Campbell

References

• Obituary, The Times, 1 October 1923
• "Here be Forebears – The Ancestry of Archibald Smith II of Jordanhill", H.E. Babington Smith, 1997