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January 4, 2013

Thomas Attwood saves the day!

On 10th December 1825, a run on the country banks began and one week later extended to the London banks. Almost seventy failed. Hunt quotes: ‘The exchanges were against this country; speculations in all sorts of property, in banks and joint stock companies, was at its height and the nation was in a state of financial fever. The Bank of England had scarcely a million worth of gold in its vaults’. Read on: https://thomasattwood.wordpress.com/2011/04/12/thomas-attwood-saves-the-day/

Readers’ snapshot

ATTWOOD snapshot uk italy chad

UK, Italy Chad; the next day – Brazil & Indonesia

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