Banking Crisis – Lloyds was a safe bank in 1825
The recent banking crisis and the failure of the Scottish attempts to take over the banking world in the UK has set me thinking about the earlier attempts at setting up regional banks and in particular the setting up of the first real retail type banks in the UK. Many years ago numerous county banks were created in different parts of Britain, including Gods Country Wales. There were a number of so called drovers’ banks set up in mid-Wales at that time. Drovers as in ‘rawhide’, the famous cowboy series took the cattle (and sheep) to market and returned the money from the sale to the farmers – which could mean they had quite a considerable sum of money on their person. They would set off with chuck wagon, outriders etc. and fighting off Indians and Brumies would travel the some
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