THE HISTORY OF THE CLYDESDALE BANK,
1838-1938 . _
By J. M. Reid
Unlike some of the centenary records that have been somewhat numerous of late, Mr. Reid's history of the Clydesdale Bank (printed for the Bank by Blackie and Son) is both readable and informing.
he author takes pains to set the bank in its due relation to the economic development of Scotland ant to show how, while the early, chartered banks *ere developed by the great landowners and the merchants, the later banks such as the Clydesdale were set up by men of the new industrial class who were mostly Whigs and had prdgressive ideas. To such men Glasgow's rapid growth .was largely due, and the city had a dominant part in this banking develop- ment of a century ago. Mr. Reid's lucid account of the bank's progress, and of its successive absorptions of competitors, is much to be Commended. He reminds us once again that Scotsmen developed modern banking methods long before Englishmen could, because the law left them free to do so.
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