A Bee Among the Bankers

Cover A Bee Among the Bankers
A Bee Among the Bankers
Henry Warren
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A branch bank, therefore, whose head office has a desk at the Clearing House, remits its cheques to the London office, which takes them to the " House" the next day, and settles through the Bank of Eng- land upon the same day they are re- ceived. The bank, then, loses one day upon such cheques, so why does it charge three ?
The customer, of course, should refuse to pay this charge. He will see from the above illustration that "banking" facts should not be accepted too readily. The business of a
... banker, in reality, is an extremely simple one, and the "mystery" which has been introduced therein is merely a little " Scotch " mist, intended to serve as a screen between the banks and their customers. This book, I hope, will speedily dissipate it. " Scotch" mist is rather prevalent in some quarters of the City. Offices are kept open till past 10 p. M. , and young men are heard to regret that Eno^land is not run for the Ens^lish and to express a pious hope that the good God t22 A Bee among the Bankers will some day send a furious wind that will carry it all back north again.

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