117 - Letters from Arthur Bowden Smith to Barings

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In Folder: 1 - House Correspondence - Argentina

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117 - Letters from Arthur Bowden Smith to Barings

HC4/1/117

Catalogue

Reference Number: HC4/1/117

Description: Letters from Arthur Bowden Smith to Barings.1890-91 cont: In Nov 1890 Arthur Bowden Smith, who was a confidential clerk at Barings, and at that time aged 30 or 31 years, was sent out to Buenos Aires with power of attorney to effect the immediate transfer to Barings of properties belonging to Samuel B Hale & Co (HC 4.1.71) as security against their uncovered credits with Barings. He left England on 6 Nov 1890, was at Rio on the 27th, and arrived at Buenos Aires on 3 Dec. Meanwhile Barings had been compelled to seek the assistance of the Bank of England, and the protracted liquidation of the affairs of the ‘old firm had begun. In Jul 1891 Bowden Smith was superseded in the agency by Essex Edgeworth William Douglas Reade (1855-1908), but remained to assist the latter until Nov 1892 when he returned to Bishopsgate. For the cash account of his agency, see HC 4.1.118. For Reade’s letters, see HC 4.1.124-125.The main subjects of Bowden Smith’s letters are:-1890-91: The affairs of Samuel B Hale & Co: the partners; Barings balances of South American accounts (May 1891); character of Nicolas Bouwer (Jun 1891).1891: Edward Casey and the Curumalan estate.Banks in Buenos Aires and Montevideo.Argentine railways, particularly Carlos Casado and the West of Santa Fe.Buenos Aires Drainage and Waterworks (Obras de Salubridad).The following may also be noted:1891: Bowden Smith urgently desires to return to England (Feb); his confidence in himself returns and he proposes that he should remain in Argentina as president of the Curumalan Estate Co (Jun); he announces his engagement to be married (Aug).The death of TC Baring (Apr).Politics: Revolution in the province of Cordoba; the Union Civica (May, Jun).Uruguay: Politics; Montevideo loan; government accounts (Oct, Dec).

Date: 1890-1891

TBAL Reference: HC4.1.117

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117 - Letters from Arthur Bowden Smith to Barings

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