Publisher's Synopsis
Excerpt from London Banking Life, Papers on Trade and Finance
There were in the succeeding months spasmodic periods of repose and activity, Of calm quietude and rampant speculation of ease and comfort in the money market, and then of unusual, indeed severe, stringency. Those who followed the art and mysterie of banking were Often in serious, sedate wonderment; yet their functions were legitimately performed, attracting the uninvested capital of the world, and distributing it again throughout the ever expanding surface of State loans and trade discounts; stimulating new enterprises, fostering home, colonial and foreign interests and finally heaping up almost fabulous profits for the benefit Of those inactive Shareholders who are drones in the hive Of industry, absorbing everything, but yielding little or nothing either in prudence or business. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
