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Traditions of Edinburgh

Note 84 — THE PARLIAMENT CLOSE.

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In the early times above referred to, £100 was accounted a sufficient capital for a young goldsmith—being just so much as purchased his furnace, tools, &c., served to fit up his shop, and enabled him to enter the Incorporation, which alone required £40 out of the £100. The stock with which George Heriot commenced business at a much earlier period (1580)—said to have been about £200—must therefore be considered a proof of the wealth of that celebrated person’s family.

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