Edinburgh Bookshelf

Old and New Edinburgh Vol. I


Parliament Close.] BANK OF SCOTLAND. ?77 which they conceived to be more properly intended ? as a common repository of the nation?s cash-a ready fund for affording credit and loans, and for making receipts and payments of money easy by the company?s notes.? But, as dealing in hours for business, and establishing rules and regulations, which will never answer the management of the exchange trade.? Ere long the bank, we are told (in ?Domestic Annals of Scotland?), found it impossible to s u p RUINS IN THE OLD MARKET CLOSE AFTER THE GREAT FIRE OF NOVEMBER, 1824. (Fwm an Efding plr6lzihfat 1A.e time.) exchange interfered with private trade, the new Bank of Scotland deemed it troublesome and improper. ? There was much to be done in that business without doors, by day and night, without such variety of circumstances and conditions as are inconsistent with the precise hours of a public office and the rules and regulations of a wellgoverned company; and no company like the Bank can be managed without fixing stated office- 23 port the four provincial branches, as they did not contribute to the ends in view ; ? for the money that was once lodged in any of these places by the cashiers issuing bills payable at Edinburgh, could not be redrawn thence 6y bills from EdinbuTh; ?I of course, because of there being so little owing then to persons resident in the provinces. SO, after considerable outlay in trying the branch offices, the directors ordered them to be closed, and
Volume 1 Page 177
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