Goldsmid family

Goldsmid is the name of a family of Anglo-Jewish bankers who sprang from Aaron Goldsmid (died 1782), a Dutch merchant who settled in England about 1763. Two of his sons, Benjamin Goldsmid (c. 1753-1808) and Abraham Goldsmid (c. 1756-1810), began business together about 1777 as bill-brokers in London, and soon became great powers in the money market, during the 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 scrip he was forced into bankruptcy and committed suicide. His brother, in a fit of depression, had similarly taken his own life two years before. Both were noted for their public and private generosity, and both played major roles in funding, and managing the Naval Asylum - later renamed the Royal Naval Asylum. Benjamin left four sons, the youngest being Lionel Prager Goldsmid; Abraham a daughter, Isabel.