EBOOK
THE ETERNAL OLD LADY
BANK OF ENGLAND HISTORY & DEVELOPMENT
Ian Moncrief-ScottSeries: Let's Get Going!(0)
About
War created the Bank of England. Had King William III possessed enough money to combat France's Louis X1V, the first public bank may have never emerged.
The Bubble burst. Sword Blade Bank went bust in 1712 and there was a run on the Old Lady. To stem the flow, staff made payments in sixpences and shillings to friends, who carried them round to the Bank's back door, to enable the tills to be, replenished.
She stayed steadfast in the heart of the City of London to develop, arguably, the most envied and admired reputation, in the world today.
The Bubble burst. Sword Blade Bank went bust in 1712 and there was a run on the Old Lady. To stem the flow, staff made payments in sixpences and shillings to friends, who carried them round to the Bank's back door, to enable the tills to be, replenished.
She stayed steadfast in the heart of the City of London to develop, arguably, the most envied and admired reputation, in the world today.
Related Subjects
Extended Details
- SeriesLet's Get Going!