Like his father, Goulding was an active Irish unionist, but despite two requests he never stood in a Parliamentary election. He was a member of the
Irish Unionist Alliance (IUA) and served as chairman of the city of Dublin and south county Dublin Unionist Representative Associations. On 22 August 1904 he was created a
baronet, of Millicent and Roebuck Hill in the
Baronetage of the United Kingdom. Goulding was
Sheriff of County Dublin in 1900 and
High Sheriff of Kildare in 1907. He was chairman of the
Property Losses (Ireland) Committee from 1916 to 1917. He was made a member of the
Privy Council of Ireland in the
1917 Birthday Honours, and was subsequently appointed by the British government to join the
Irish Convention of 1917–1918. Following the split of the IUA in 1919, Goulding joined the
Unionist Anti-Partition League. In March 1921 he led a deputation of southern unionists formed to persuade
Roman Catholic bishops to act as intermediaries between
Sinn Féin and the British government. That month he also founded the Irish Businessmen's Conciliation Committee alongside
Andrew Jameson, which aimed to galvanise the support of businesses against the
partition of Ireland. In 1921, Goulding was nominated to be an inaugural member of the short-lived
Senate of Southern Ireland. He took the oath of office, but did not attend either of the Senate's two meetings. On 12 May 1922 he participated in a
Church of Ireland deputation with Archbishop
John Gregg and Bishop
Robert Miller to
W. T. Cosgrave and
Michael Collins to ensure the rights
Irish Protestants were secure in the Irish Free State. ==Irish Rugby Football Union==