Letter: Cardinal error

From Mr Peter Avis

Sir: You recall ("Baring the City", 4 March) the admiration expressed by "Cardinal Richelieu" for Barings. Although Cardinal de Richelieu, the eminence rouge of King Louis XIII, was a man of sharp intellect and some prescience, he unfortunately died in 1642 - 120 years before the Baring brothers gave birth to their bank.

Was it not the Duc de Richelieu, Prime Minister of France after the Restoration in 1815 (and grandson of the cardinal's great nephew), who had good cause to see Barings as the sixth great power of Europe?

Yours,

PETER AVIS

Brighton

5 March

Comments