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Updated: May 16, 2025
Not only private bankers, such as Lord Overstone then was, but a great number of thinking persons feared that the joint stock banks would fast ruin themselves, and then cause a collapse and panic in the country. The whole of English commercial literature between 1830 and 1840 is filled with that idea. Nor did it cease in 1840.
"Since when," said Major Overstone with an affectation of tone and manner different from that in which he had addressed his previous companions, "have the Ninth United States Cavalry helped to serve a State court's pettifogging process?" "We are hunting a deserter a half-breed agent who has just escaped us," returned the officer.
4 Sir Henry Holland February 18th, 1840. 5 Mr. Charles Austin March 7th, 1843. 6 Lord Kingsdown February 25th, 1845. 7 Earl of Clarendon May 20th, 1845. 8 Professor Owen May 20th, 1845. 9 Monsieur Van de Weyer February 9th, 1847. 10 Sir David Dundas February 23rd, 1847. 11 The Duke of Cleveland June 5th, 1849. 12 The Bishop of Oxford June 5th, 1849. 13 Lord Overstone June 25th, 1850.
The ancestors of Earl Romney, and Lord Dudley and Ward, were goldsmiths and jewelers; and Lord Dacres was a banker in the reign of Charles I, as Lord Overstone is in that of Queen Victoria.
"I reckon he ain't no more gain here than he was over there," he said, and turned away. The cabin of Major Overstone differed outwardly but little from those of his companions. It was the usual structure of logs, laid lengthwise, and rudely plastered at each point of contact with adobe, the material from which the chimney, which entirely occupied one gable, was built.
The joint stock banks were quite unfit for the business Lord Overstone meant, but then that business is quite unfit for the present time. This success of Joint Stock Banking is very contrary to the general expectation at its origin.
West Point, still red and rigid, glanced at him with bright clear eyes under light lashes and the peak of a smartly cocked cap, looked coolly at the proffered hand, raised his own to a stiff salute, said, "Good afternoon, sir," and rode away. Major Overstone wheeled angrily, but in doing so came sharply upon his coadjutor the leader of the ambushed party. "Well, Dawson," he said impatiently.
Buildings have been erected on an estate here and there which will be likely to serve as models for whole hamlets of new tenements. From what I have heard, I should think that Lord Overstone, of the great banking house of the Lloyds, has produced the best models for cottage homes, on his estates in Northamptonshire.
Dawson was not astonished the next morning to see Major Overstone and the half-breed walking together down the gully road, for he had already come to the conclusion that the major was planning some extraordinary reprisals against the invaders, that would ensure the perpetual security of the camp.
Grote died on June 18th. I attended the funeral in Westminster Abbey on the 24th. John Mill and Overstone were among the pall-bearers. At The Club dinner, on June 20th, the Duc d'Aumale took leave of us before returning to France. About this time I was made a Companion of the Order of the Bath. I was gazetted a C.B. on June 30th.
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