Booth Tarkington

The study of tavern history often brings to light much evidence of sad domestic changes. Many a cherished and beautiful home, rich in annals of family prosperity and private hospitality, ended its days as a tavern.

It is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the potential capital cushion.