[Lombard Street: A Description of the Money Market by Walter Bagehot]@TWC D-Link book
Lombard Street: A Description of the Money Market

CHAPTER VIII
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A day might come when his favour might mean prosperity, and his distrust might mean ruin.

A position with so much real power and so much apparent dignity would be intensely coveted.

Practical men would be apt to say that it was better than the Prime Ministership, for it would last much longer, and would have a greater jurisdiction over that which practical men would most value, over money.

At all events, such a Governor, if he understood his business, might make the fortunes of fifty men where the Prime Minister can make that of one.

Scarcely anything could be more unpopular in the City than the appointment of a little king to reign over them.
Secondly.


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