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means pronounce the sentence which he
may deserve, if found wanting. Here
I am narrating the iacts only and pointing
out how far when the crisis overwhelmed
Bombay and wrought such unprece-
dented havoc and ruin on thousands of
families, made wreck of all mercantile
reputation and destroyed credit for some
years—how far Premchund was solely
and exclusively responsible for it.
Meanwhile the narrative of Mr. Prem-
chund's own position may be briefly
related. The Bombay Bank and the
Asiatic Bank were his largest creditors.
Their respective instincts of self-preserva-
tion seemed to have prompted them to
assist him in what they thought was
a passing crisis. Optimistic as they were,
even after the crash of ist July 1865, they
firmly believed that come what may
all would not be lost. That if only
by fresh accommodation they could
relieve Mr. Premchund from his tem-

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