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Hon. Francis Baring, later 3rd Baron Ashburton, partner in Baring Brothers 1823-1864, counterclaimed unsuccessully with his partners as assignees for the compensation on Spring Garden in British Guiana but the firm intercepted successfully the compensation awarded on the estates of Wolfert Katz, a major debtor of the firm, in British Guiana.

1. Francis Baring (1800-1868), son of Alexander Baring, 1st Baron Ashburton, and Anne Bingham. Married Hortense, daughter of Duke of Bassano 1832. Partner in the firm between 1823 and 1864.    

2. Educated Harrow School; MP Thetford 1830-1, 1832-41, 1848-57. Succeeded brother William, 2nd Baron Ashburton in 1862. Left £250,000.

T71/887 British Guiana no. 2282 (Spring Garden); T71/885 British Guiana nos. 21, 89, 270, 272, 363, 378A&B&C, 424 and 479 for the Wolfert Katz awards estates.

1. The Baring Archive and [both accessed 20/04/2012].

2 William D. Rubinstein, Who were the rich? 1860- (Volumes 3 and 4, manuscripts in preparation), reference 1868/7. Father Alexander 1848/6 left £350,000; William 2nd Baron Ashburton 1862/2, left £180,000; another brother, Hon Rev. Frederick Baring 1868/10 left £100,000.