Finance—Public and Private
Scottish. - Banking Activity .
IT would be hard to 'say whether for consistently sound and conservative management the .prize should be awarded- I*, English or to Scottish bank, 'for in these respects each may be said to vie - with. the other, so that over many years banking traditions have been built up -and systems have been founded which have. proved. -to the model for banking -in many other countries,- . In- bah -countries; -too, there is a similarity' in the sense7 of the :standard" of ekeellenee actual manageMent,:While:dealiiig more with external influences, it might lie said_ that . both . English. and Scottish banks- have witnessed first a growth of Deposits which occurred during the War and post-War inflationary period, and second, a growth which has taken place more recently, partly, it may be hoped, as the result of some increase in general business activity.
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