Sir Thomas Salt, 1st Baronet (12 May 1830 – 8 April 1904), was a British banker and
Conservative
Conservatism is a cultural, social, and political philosophy that seeks to promote and to preserve traditional institutions, practices, and values. The central tenets of conservatism may vary in relation to the culture and civilization in ...
politician.
Career
His grandfather
John Stevenson Salt, (
High Sheriff of Staffordshire This is a list of the sheriffs and high sheriffs of Staffordshire.
The sheriff is the oldest secular office under the Crown. The sheriff was the principal law enforcement officer in the county but over the centuries most of the responsibilities ass ...
in 1838), married Sarah Stevenson, the granddaughter of John Stevenson, founder in 1737 of a banking company in Stafford. Salt became a partner in the firm of
Stevenson Salt & Co which had opened in Cheapside, London in 1788 and which in 1867 merged with Bosanquet & Co and later with
Lloyds Banking Company. Salt went on to be a director, and later chairman, of Lloyds from 1884 to 1896.
He was also chairman, from 1883 to 1904, of the
North Staffordshire Railway
The North Staffordshire Railway (NSR) was a British railway company formed in 1845 to promote a number of lines in the Staffordshire Potteries and surrounding areas in Staffordshire, Cheshire, Derbyshire and Shropshire.
The company was based ...
. He was also chair of the
New Zealand Midland Railway Company
The New Zealand Midland Railway Company partially constructed the Midland line between Christchurch and Greymouth and the Nelson railway in the South Island. It was one of the few private railway companies in New Zealand, and it did not match th ...
in 1889.
He was returned to Parliament for
Stafford in 1859, a seat he held until 1865, and again from 1869 to 1880, 1881 to 1885 and 1886 to 1892. From January 1876 to April 1880, he was
Parliamentary Secretary to the Local Government Board, a junior post, in the
second ministry of
Benjamin Disraeli's government.
In 1899 he was created a
Baronet, of Standon, and of Weeping Cross in the County of Stafford. His estates included Baswich House, built by his father in 1850, and
Standon Hall, which his son later rebuilt in 1901. He died in April 1904, aged 73.
Personal life
His youngest son was a major-general in the army, and his uncle was the banker
William Salt, after whom the
William Salt Library
The William Salt Library is a library and archive, in Stafford, Staffordshire, England. Supported by Staffordshire County Council, it is a registered charity, administered by an independent trust in conjunction with the Staffordshire & Stoke-o ...
at Stafford is named. His granddaughter was the diplomat Dame
Barbara Salt
Dame Barbara Salt, (30 September 1904 – 28 December 1975) was a British diplomat.
Salt was born in Oroville, California to Reginald Salt, an English banker and his wife, Maud, who returned to England not long after her birth. She was the gr ...
, DBE .
Arms
Notes
References
* ''Handbook of London Bankers''
F. G. Hilton Price (1970) Google Books. History of Stevenson Salt & Co
* Kidd, Charles, Williamson, David (editors). ''Debrett's Peerage and Baronetage'' (1990 edition). New York: St Martin's Press, 1990,
*
External links
*
{{DEFAULTSORT:Salt, Sir Thomas, 1st Baronet
1830 births
1904 deaths
Baronets in the Baronetage of the United Kingdom
Members of the Parliament of the United Kingdom for Stafford
UK MPs 1859–1865
UK MPs 1868–1874
UK MPs 1874–1880
UK MPs 1880–1885
UK MPs 1886–1892
English bankers
19th-century English businesspeople
Church Estates Commissioners