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
