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Daily entries from the 17th century London diary
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This bank at Amsterdam is referred to in a tract entitled “An Appeal to Caesar,” 1660, p. 22. In 1640 Charles I. seized the money in the mint in the Tower entrusted to the safe keeping of the Crown. It was the practice of the London goldsmiths at this time to allow interest at the rate of six or eight per cent. on money deposited with them (J. Biddulph Martin, “The Grasshopper in Lombard Street,” 1892, p. 152).