The Goldsmith-Bankers

Moshe Milevsky

Chapter Chapter 3 in The Day the King Defaulted, 2017, pp 51-71 from Springer

Abstract: Abstract Explains how and why goldsmiths, who were originally artists and royal jewelers, became full-fledged bankers and financiers during the mid-seventeenth century. Introduces the main goldsmith-bankers of the era, Edward Backwell and Robert Viner, who were caught up in the Stop of the Exchequer in 1672, as well as financiers such as John Banks, who managed to avoid the dire consequences of the crisis. Also addresses the legality of interest and usury in England in the run-up to the default.

Keywords: Goldsmith Bankers; Backwell; John Banks; Full-fledged Banking; Goldsmith TH (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-59987-8_3

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DOI: 10.1007/978-3-319-59987-8_3

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