Aug

1

At the London ZooA few observations from a trip to London.

The Baring Brothers circa 1890 were bailed out by the Governors of the Old Lady in similar fashion to the current bailouts of banks.

Outside Threadneedle Street and across from the Old Lady is a sign that the stock market was held there from 1270 to 1750 ish.

The Nationalization of the Old Lady in 1946 did not change any operations or procedures of the bank according to their text.

The Diderot Encylopedia 5th edition has a picture of the pin factory (and the 18 manufacturing steps) that Adam Smith and presumably Babbage used to show the efficiency of specialization.

I visited all the sites that Sam Johnson and the Thrales resided in during their 25 year acquaintance. Mrs. Thrale borrowed the equivalent of 18 million from friend to bail out her husband's brewery during distress caused by the reduced trade accompanying the American Revolution.

The life of women in Georgian England was not a happy one unless they had a big inheritance or married well, and the book Hester (or Thraliana ) is a great read similar to 50 Years on Wall Street by Clews in telling what the 60 year sweep her diary covered was like.

The Boston Tea Party and the intolerable acts and the revolution were apparently caused by trying to make the flexions of the East India whole on disposing of some surplus tea.

The interest rates on mortgages in England is well below 3.8 % with many signs advertising 10% down financing available.

The lists of the 50 best retailers in the consumer reports and similar lists should make a good starting point for superior performance of companies. Costco is their number 1 best .

The zoo in London is a mere shadow of its old self when animals were presented for human happiness and education and now is mainly devoted to saving the environment and breeding endangered species.

GE 's big advertisements all over London speak of their 13500 wind turbines around the world and how much good they are doing. Reminds one of BP's ads lionizing their environmental activities before their fall.


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