"[In Ancient Rome, 340 B.C.] The first care of the new consuls was to regulate the payment of debts, the only obstruction to a perfect union of the patricians and plebeians. They no longer considered the relief of debtors as a private affair, but as a general concern of the public; and therefore chose out five men of known probity, and great experience, to take an account of all the debts of the plebeians. These five were called bankers, and had the command of the public treasury to enable them to discharge their commission; which they did to the satisfaction of both parties. Those who, out of sloth and idleness, had plunged themselves into debt, either borrowed money of these bankers, giving the treasury security for it, or deposited the value of their debts in their creditors hands in effects, which were valued by the bankers. By this means the greatest part of the debtors were relieved, without doing injury to any person, and with little loss to the public. Tranquillity being thus established at home..."
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T. Osborn, in Gray's-Inn, A. Millar, in the Strand, and J. Osborn, in Pater-noster Row, An Universal History from the Earliest Account of Time (I747) Vol. 12, p. 48.
https://en.wikiquote.org/wiki/History_of_banking
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