9/46 Ours have attained a much fuller development than theirs.Messrs.Rothschild are immense capitalists, having, doubtless, much borrowed money in their hands. But they do not take 100 L.payable on demand, and pay it back in cheques of 5 L.each, and that is our English banking. The borrowed money which they have is in large sums, borrowed for terms more or less long. English bankers deal with an aggregate of small sums, all of which are repayable on short notice, or on demand. And the way the two employ their money is different also. |