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

CHAPTER IX
17/28

The number of such persons is much on the increase.

Any careful person who is experienced in figures, and has real sound sense, may easily make himself a good banker.

The modes in which money can be safely lent by a banker are not many, and a clear-headed, quiet, industrious person may soon learn all that is necessary about them.

Our intricate law of real property is an impediment in country banking, for it requires some special study even to comprehend the elements of a law which is full of technical words, and which can only be explained by narrating its history.

But the banking of great cities is little concerned with loans on landed property.


<<Back  Index  Next>>

D-Link book Top

TWC mobile books