Q. Do you rediscount bills for other banks?
A. Yes; but only to a very limited extent.
Q. Is private banking carried on in Scotland?
A. Private banking ceased to exist in Scotland prior to 1845.
Q. Do you ever buy any shares of railroad or industrial companies?
A. No.
Q. Do you ever own bank shares?
A. No.
FOOTNOTES:
[158] Adapted from Hartley Withers, The English Banking System. Publication of The National Monetary Commission, Senate Document No. 492, 61st Congress, 2nd Session, pp. 41-50.