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GOLDSMID

Online Encyclopedia
Originally appearing in Volume V12, Page 214 of the 1911 Encyclopedia Britannica.
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GOLDSMID  , the name of a

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family of Anglo-Jewish bankers sprung from
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Aaron Goldsmid (d . 1782), a Dutch merchant who settled in England about 1763 . Two of his sons, Benjamin Goldsmid (c . 1753–1808) and Abraham Goldsmid (c . 1756–181o), began business together about 1777 as
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bill-brokers in
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London, and soon became
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great powers in the
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money market, during the
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Napoleonic war, through their dealings with the government . Abraham Goldsmid was in 1810 joint contractor with the Barings for a government loan, but owing to a depreciation of the
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scrip he was forced into bankruptcy and committed suicide . His
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brother, in a
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fit of depression, had similarly taken his own
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life two years before . Both were noted for their public and private generosity, and Benjamin had a
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part in founding the Royal
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Naval Asylum . Benjamin
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left four sons, the youngest being Lionel Prager Goldsmid; Abraham a daughter,
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Isabel . Their
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nephew,
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Sir Isaac Lyon Goldsmid, Bart . (1778–1859), was born in London, and began in business with a
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firm of
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bullion brokers to the
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Bank of England and the East India
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Company . He amassed a large fortune, and was made Baron da Palmeira by the Portuguese government in 1846 for services rendered in settling a monetary dispute between
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Portugal and Brazil, but he is chiefly known for his efforts to obtain the emancipation of the Jews in England and for his part in founding University College, London .

The Jewish Disabilities Bill, first introduced in

Parliament by Sir-Robert Grant in 183o, owed its final passage to Goldsmid's energetic
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work . He helped to establish the University College hospital in 1834, serving as its treasurer for eighteen years, and also aided in the efforts to obtain reform in the
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English penal code . Moreover he assisted by his capital and his enterprise to build part of the English
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southern
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railways and also the London docks . In 1841 he became the first Jewish
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baronet, the honour being conferred upon him by Lord Melbourne . He had married his cousin Isabel (see above), and their second son was Sir Francis Henry Goldsmid, Bart . (1808–1878), born in London, and called to the bar at Lincoln's
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Inn in 1833 (the first Jew to become an English
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barrister; Q.C . 1858) . After the passing of the Jewish Disabilities Bill, in which he had aided his
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father with a number of
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pamphlets that attracted great attention, he entered Parliament in 186o (having succeeded to the baronetcy) as member for
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Reading, and represented that constituency until his
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death . He was strenuous on behalf of the Jewish religion, and the founder of the great Jews'
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Free School . He was a munificent contributor to charities and especially to the endowment of University College . He, like his father, married a cousin, and, dying without issue, was succeeded in the baronetcy by his nephew Sir Julian Goldsmid, Bart . (1838-1896), son of Frederick David Goldsmid (1812–1866), long M.P. for
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Honiton .

Sir Julian was for many years in Parliament, and his

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wealth, ability and influence made him a personage of consider-able importance . He was eventually made a privy councillor . He
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bad eight daughters, but no son, and his entailed
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property passed to his relation, Mr d'Avigdor, his house in Piccadilly being converted into the Isthmian Club . Another distinguished member of the same family, Sir Frederic John Goldsmid (1818-1908), son of Lionel Prager Goldsmid (see above), was educated at King's College, London, and entering the
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Madras army in 1839.served in the
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China War of 1840-41, with the
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Turkish troops in eastern Crimea in 1855–56, and was given
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political employment by the
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Indian government . He received the thanks of the
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commander-in-chief and of the war office for services during the
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Egyptian
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campaign, and was retired a major-general in 1875 . Sir Frederic Goldsmid's nameis, however, associated less with military service than with much valuable work in exploration and in
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surveying, for which he repeatedly received the thanks of government . From 1865 to 187o he was director-general of the Indo-
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European telegraph, and carried through the telegraph convention with
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Persia; and between 1870 and 1872, as
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commissioner, he settled with Persia the difficult questions of the Perso-Baluch and Perso-Afghan boundaries . In the course of his work he had to travel extensively, and he followed this up by various responsible missions connected with emigration questions . In 1881–1882 he was in
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Egypt, as controller of the Daira Sanieh, and doing other
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miscellaneous military work; and in 1883 he went to the
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Congo, on behalf of the king of the Belgians, as one of the organizers of the new state, but had to return on account of illness . From his early years he had made studies of several Eastern
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languages, and he ranked among the foremost Orientalists of his day . In 1886 he was president of the
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geographical section of the
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British Association meeting held at
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Birmingham . He had married in 1849, and had two sons and four daughters .

In 1871 he was made a K.C.S.I . Besides important contributions to the 9th edition of the

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Encyclopaedia Britannica and many
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periodicals, he wrote an excellent and authoritative biography of Sir James Outram (2 vols., 188o) . A
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sister of the last-named married Henry
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Edward Goldsmid (1812-1855), an eminent Indian
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civil servant, son of Edward Goldsmid; his reform of the revenue
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system in Bombay, and introduction of a new system, established after his death, through his reports in 1840-1847, and his devoted labour in
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land-surveys, were of the highest importance to western India, and established his memory there as a public benefactor .

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