[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
42/46

Only lately a firm failed of which one partner was a director of the London and Westminster Bank, and another a director of the Bank of England.

Who can define or class the confidential communications of such persons under such circumstances?
As I observed before, the line drawn at present against bankers is very technical and exclusively English.

According to continental ideas, Messrs.

Rothschild are bankers, if any one is a banker.

But the house of Rothschild is represented on the Bank direction.


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