| William Lidderdale |
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| CATEGORIES ABOUT WILLIAM LIDDERDALE | |
| 1832 births | |
| lidderdale, william | |
| 1902 deaths | |
| british merchants | |
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Lidderdale was born to British parents at the British Chaplaincy in Saint Petersburg , Russia , and was educated at Birkenhead in Cheshire . After working for the Russian merchants Heath and Co, he joined the Liverpool merchant house of Rathbone Brothers , working in their New York office from 1857 to 1863 . He was made a partner in 1864 , and went on to establish the firm's London office. He became a Bank of England director in 1870 , becoming Deputy Governor in 1887 , and Governor in 1889 . Lidderdale's period in office is notable for his handling of the Baring's crisis of 1890 , in which the bank had become over extended in underwriting following the Brazilian revolution. Lidderdale organized a successful consortium to rescue the bank. In recognition, he was granted the Freedom Of The City Of London and was made a member of the British Privy Council . EXTERNAL LINKS |
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