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Fortun--à my; the City,
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Domine dirige nos; the Mercers',
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Honor Deo.
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Honor Deo; nor could the director of a bubble company with strict propriety head the columns of his ledger with the solemn words,
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Domine dirige nos. But these are cynical thoughts, for no doubt trade ranks as many generous, honourable, and pious people among its followers as any other profession; and we have surely every reason to hope that the moral standard is still rising, and that
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London Assurance, which is also lodged in the Exchange, obtained its charter at the same time. Each of these companies paid £300,000 to the Exchequer. They were both allowed to assure on ships at sea, and going to sea, and to lend money on bottomry; and each was to have
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and a common seal. To prevent a monopoly, however, no person holding stock in either of the companies was allowed to purchase stock in the other. In 1721, the
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Royal Exchange Assurance