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SMITH, ROBERT BARR (1824-1915), business man and
philanthropist, |
son of the Rev. Dr Smith of the Free Church of Scotland, was born at
Lochwinnoch, Renfrewshire, Scotland, on 4 February 1824. After leaving school he
studied for a time at the university of Glasgow, but went into business and
afterwards emigrated to Melbourne, where he was a member of the firm of Hamilton
Smith and Company in 1853. In 1854 he joined Elder and
Company at Adelaide and became a partner in the business which from 1863 was
known as Elder Smith and Company. This firm became one of the largest in
Australia, connected directly or indirectly with every branch of commerce;
mercantile, pastoral, mining, shipping and financial. Smith also took up land
and became a large owner in South Australia, Victoria, New South Wales and
Queensland. When the Wallaroo and Moonta Copper mines got into difficulties,
Elder Smith and Company made large advances to them until more profitable times
came. Smith made a reputation as a financial authority, and though he refused to
enter political or municipal life, his advice was frequently sought by
politicians and members of the business community of Adelaide. It has been
stated that at the time of the bank crisis in 1893 he was besieged by crowds of
people seeking guidance. He was on the boards of the public library and of the
botanic gardens and was a director of several companies. He was a keen judge and
lover of horses, his colours were frequently seen at race meetings in South
Australia and Victoria, and he was president for a time of the South Australian
Coursing Club. His private charities were very great, few men have had so large
a begging letter mail. These letters were dealt with systematically and all
deserving cases were helped. Among the larger sums distributed were £9000 to buy
books for the university of Adelaide library, £10,000 to complete the Anglican
cathedral, £3500 for a life-boat and £2300 for the Trades Hall building. He
contributed largely to exploration funds, the observatory established on Mount
Kosciusko was paid for by him, and he was mainly responsible for the expenses of
the first South Australian rifle team sent to Bisley. These are only examples of
his liberality; he disliked being thanked and it would be impossible to estimate
the amount of his benefactions. He kept his mind and faculties to the end of his
life, and died in his ninety-second year on 20 November 1915. He married Miss
Elder, sister of Sir Thomas
Elder, who survived him with a son and three daughters. Smith was an upright
and modest man with intellectual sympathies. He shrank from publicity and more
than once refused the offer of a knighthood. In business he was shrewd,
enterprising and perfectly honest. In 1920 his family gave £11,000 for the
endowment of the library of the university of Adelaide and in 1928 his son, Tom
Elder Barr Smith, born in 1863 gave £30,000 for the Barr Smith library building.
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