Abstract
I am very glad to have this opportunity to visit the Netherlands and to speak to this conference in the tercentenary year of the accession to the English throne of William of Orange in 1688. Not only did that year mark the final outbreak of peace between our two countries — if not the end of healthy commercial rivalry — but it was during the reign of William and Mary that the Bank of England was founded. The Bank was in part modelled on the great Dutch banking houses of the seventeenth century; and many other great British banks drew on the experience and support of Dutch bankers as the City of London developed over the centuries.
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