Description
Antique print dated 1896.
The page is over 100 years old and in very good condition.
In order to enhance and protect the page we have set in within a bespoke frame and mount.
Frame size 400mm x 370mm. Available also in a brown with gold pencil-line frame, your choice. RL.26.
Entitled – Bank of England.
Below the picture an inscription reads:
Bank of England. – Almost opposite the Mansion House, and bounded on the south by Threadneedle Street, on the west by Princes Street, on the north by Lothbury, and on the east by Bartholomew Lane, stands the far-famed Bank of England, a large, isolated building of one story, the west part of which was designed by Sir John Soane in 1788.
The external walls are entirely devoid of windows, the Bank being, for the sake of security, lighted from interior courts.
The edifice covers an area of about four acres.
The Bank was founded in 1691 by William Paterson, a Scotsman.
It is still the only bank in London which has the power of issuing paper-money.
Its original capital was £1,2000,000, but this has since been multiplied more than twelvefold.
The Bank od England now employs about nine hundred persons, whose salaries vary from £50 to £1,200 (in all £210,000).
The vaults usually contain the enormous sum of twenty million pounds in gold and silver, while there are over twenty-five million pounds’ worth of the Bank’s notes in circulation.
The special printing-room in the Bank of England produces about 15,000 new bank-notes daily; and the grand old institution pays more than £70,000 annually to the Stamp Office for stamps on notes.
The other interesting departments are the Binding Room, the Old Note Office, the Weighing Office, and the Bullion Office.
The back entrance from Bartholomew Lane is by a grand gateway, which opens into a commodious and spacious courtyard for coaches and waggons that frequently come loaded with gold and silver bullion.
If you buy an item and then see it relisted this is because we occasionally have more than one available, each page is original and not a photocopy.
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