Banker, Traitor, Scapegoat, Spy?: The Troublesome Case of Sir Edgar Speyer
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Banker, Traitor, Scapegoat, Spy? - Antony Lentin
QC
Introduction
Micat exitiale superbis
‘A fatal thunderbolt strikes down the proud’.
Motto beneath a painted mythological roundel
on the ceiling of the Speyers’ music room
This ... charge that you were a spy and a traitor
John Roskill, KC. Counsel to Sir Edgar Speyer,
28 October 1921
My interest in Edgar and Leonora Speyer really began in the music room of their great house at 46 Grosvenor Street, Mayfair, where I was drawn by curiosity about the case. The house (now the headquarters of an investment advisory company) has seen superficial changes since they left it in 1915 on what turned out to be, though they did not know it at the time, a journey into exile. The spacious music room, then a celebrated centre of London’s cultural life, running almost the length of the house and forming its focal point, is now a boardroom, divided by a long table. The portrait of Leonora by John Singer Sargent which then dominated the left-hand wall has been replaced by a mirror. The elaborate pipe-organ which faced it at the opposite end of the room was removed from its recess and the gap where the pipes stood has been crudely patched over. From the windows, the view of what was an Italian garden is marred by ugly extensions jutting out from the buildings opposite. But the Louis XV-style interior remains, with its delicate carved wood panelling and its high, painted allegorical ceiling. It takes little imagination to picture candelabras reflected in the mirrors, guests in evening dress, and the music-making that took place there a century ago, for Leonora was a concert violinist and music was at the heart of Edgar’s aesthetic life.
The Speyers customarily offered hospitality to distinguished foreign musicians and composers who happened to be in London. It was therefore natural that when in 1906 the elderly Edvard Grieg came to London on his way to receive an honorary degree from the University of Oxford, Edgar and Leonora should press him to spend a few days at Grosvenor Street. Edvard and his wife, the soprano Nina Grieg, arrived in the morning. After lunch, they found themselves ‘quite alone with our host and hostess’ and ‘fortunate enough to get to know them better’.¹ The four retired to the music room, where Grieg sat at the piano and played several of his compositions. Then Edgar and Leonora persuaded Nina to sing. Which of Grieg’s songs she performed one would give much to know, for, as the composer noted with surprise, it moved Edgar to tears. My interest was heightened by this man of business who revealed a romantic sensibility.
In the first decade of the 20th century the name of Edgar Speyer was frequently in the news. Financier and entrepreneur, ‘King of the London Underground’, public benefactor, patron of music and the arts, a friend of the Prime Minister, Herbert Henry Asquith, and his redoubtable wife Margot, a regular guest in Downing Street, Edgar was a known figure in London society, respected and admired, a metropolitan Maecenas. Yet his name today is virtually unknown except as that of the first of two men, separated by an interval of 90 years, to be struck, at the Government’s behest, from the roll of the Privy Council.*
Of German parentage and education, Speyer, who was granted British nationality at the age of 29, was not the first public man to become the target of national passions aroused by the Great War. Solely on account of his foreign birth, Prince Louis of Battenberg was forced to resign as first Sea Lord in October 1914, and the Lord Chancellor, Lord Haldane, was driven from office in May 1915 for his supposed pro-German sympathies. At the same time that Haldane quitted public life, Edgar and Leonora Speyer and their three young daughters left England to seek respite in America from a campaign of vilification that had pursued them since August