Rensselaer Semi-Weekly Republican, Volume 37, Number 28, Rensselaer, Jasper County, 11 April 1905 — Ancient Bankers. [ARTICLE]

Ancient Bankers.

Among the most valuable evidences of the life and customs of the people of Babylon and Nineveh 700 years B. C. were found, during the excavations at various times, veritable letters jo£ credit, bills of exchange, with and without warranty, m :.oy obligations of all kinds, sight drafts made payable to Indorser or bearer. These denote tbe existence at Babylon, COO B. C., of a bank which must have done a considerable business and shows that It' Is not only In our day that capital Is used to give Impetus and keep alive W dustrial pursuits.