Evening Republican, Volume 14, Number 70, Rensselaer, Jasper County, 23 March 1910 — Rules the financial world. [ARTICLE+ILLUSTRATION]
Rules the financial world.
The grim granite structure that houses the Bank of England eloquently bespeaks the financial power which that Institution exercises throughout the civilized world. Its edicts carry greater influence than those of Rome, and Its power is farther reaching than that of the throne itself. By arbitrary fixing the rate of discount it can stem the ebb-tide of gold and cause it again to flow into its coffers. On its presentation of the financial needs of the kingdom it can dictate legislation of almost any kind. It has been well said that the Bank of England is the most powerful financial institution
in the world. In the very heart of London stands this low-browed, massive structure, streaked with soot and without even a window in its outer wails. This absence of windows is supposed to give greater security to its valuable contents, the light within being received from interior courts and skylights. The structure looks therefore like a gigantic strong-box, covering four acres of territory. Below the surface of the ground there are more rooms in this structure than on trie ground floor. Architecturally it has nothing to attract, but it stands as a representative of a wealthy and influential empire.
THE BANK OF ENGLAND, LONDON.
