The Scotian Newsletter


 


Where Has All The Money Gone

Let's talk about money, which, some people have said, "is the root of all evil". Everybody wants it; everybody needs it. It would be difficult to live without it.

Let' think about how money was handled until the late years of the 17th century in Scotland. Many, man y yeas before the Bank of Scotland was established, banking (the safe-keeping of other people's money) was handled by shopkeepers and merchants. They combined buying and selling cloth, shipping wine, etc. with lending money to customers and negotiating bills. Most of these people lived in Edinburgh although it is true that shopkeepers in rural areas in Scotland also were involved in the money business.........

 

To continue this story, read further in April 2008's Scotian.

 

   
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