OCR Output

162 COMMERCE

eighteenth century. In 1794 the house was
rebuilt.

Banking made great strides after the fire
of 1666; and many of the wealthiest houses
were founded about that time. Charles II
dealt a heavy blow at their prosperity by
closing the Exchequer. Charles I had

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LAW COURTS BRANCH OF THE BANK OF ENGLAND, FLEET STREET

SIGN OF THE "FOX, 24 LOMBARD STREET

finally ruined his cause
by seizing £200,000
which the bankers of his
time had deposited for
safety in the Tower; but
the Stuarts, like the Bour¬
bons, learnt nothing by
experience, and in 1672
Charles II seized Trea¬
sury deposits to the
amount of £1,300,000.
One banker alone, Sir
Robert Viner, fost
£416,000, but had as
compensation an annuity
out of the excise. Viner
was the goldsmith who
made the regalia, now in
the Tower. Another great

banker, Backwell, was

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