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The Failure of the City of Glasgow Bank (engraving)
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The Failure of the City of Glasgow Bank (engraving)
1059941 The Failure of the City of Glasgow Bank (engraving) by English School, (19th century); Private Collection; (add.info.: The Failure of the City of Glasgow Bank. Illustration for The Graphic, 2 November 1878.); Look and Learn / Illustrated Papers Collection
Media ID 22527490
© Look and Learn / Illustrated Papers Collection / Bridgeman Images
Bank Bank Building Bank Buildings Banker Banking Declaration Directors Failure Finance Glasgow Magistrate Manager Sheriff
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The Failure of the City of Glasgow Bank - A Glimpse into Financial Turmoil
EDITORS COMMENTS
. This engraving, created by an English School artist in the 19th century, offers a poignant visual narrative of one of Scotland's most notorious banking disasters. The print depicts the dramatic aftermath of the collapse of the City of Glasgow Bank, which sent shockwaves through society and left countless lives shattered. In this scene, we witness a chaotic gathering outside the bank building as anxious depositors desperately attempt to withdraw their funds. Panic-stricken faces reflect fear and uncertainty while bank officials struggle to maintain order amidst mounting chaos. The presence of a sheriff and magistrate signifies legal intervention in response to public outcry. The failure of this once esteemed institution was marked by mismanagement and fraudulent practices perpetrated by its directors. As news spread like wildfire throughout Glasgow, waves after waves of customers rushed towards their financial ruin with each passing moment. Through this evocative artwork, we are transported back to that fateful day when dreams were shattered and trust was betrayed. It serves as a stark reminder that even pillars within our financial system can crumble under greed and deceit. Today, this engraving stands as both a historical record and cautionary tale about the perils lurking behind seemingly solid institutions. Let it serve as a testament to resilience in times when trust is broken – reminding us all that lessons from past failures can shape our future for the better.
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