The Literary History of the Adelphi and Its NeighbourhoodBrereton, Austin
History
The Literary History of the Adelphi and Its Neighbourhood
Brereton, Austin
Adelphi (London, England) -- History; Literary landmarks -- England -- London; London (England) -- History
The anecdotes which have been related of Thomas Coutts are innumerable
and--unreliable. One of the most extraordinary of them is the
following:--"In the early part of his career, Mr Coutts, anxious
to secure the cordial co-operation of the heads of the various
banking-houses in London, was in the habit of frequently inviting them
to dinner. On one of these occasions the manager of a City bank, in
retailing the news of the day, accidentally remarked that a certain
nobleman had applied to his firm for the loan of £30,000, and had been
refused. Mr Coutts listened, and said nothing; but the moment his
guests had retired, about ten o'clock in the evening, he started off
to the house of the nobleman mentioned, and requested the honour of an
interview with his lordship next day. On the following morning, the
nobleman called at the bank. Mr Coutts received him with the greatest
politeness, and taking thirty one-thousand pound notes from a drawer,
presented them to his lordship. The latter, very agreeably surprised,
exclaimed, 'But what security am I to give you?' 'I shall be satisfied
with your lordship's note of hand,' was the reply. The 'I.O.U.' was
instantly given, with the remark, 'I find I shall only require for the
present £10,000; I therefore return you £20,000, with which you will be
pleased to open an account in my name.' This generous, or, as it may
more truly be called, exceedingly well-calculated, act of Mr Coutts
was not lost upon the nobleman, who, in addition to paying in within
a few months £200,000 to his account, the produce of the sale of an
estate, recommended several high personages to patronise the bank in
the Strand. Among new clients who opened accounts there was King George
III."
Public-domain text, read in full here on John Shaqi.
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