Mr Boyd, relates Stanhope, "was in a singular position. He had originally been one of the first, if not the first banker in Paris. He stood, as I have heard, in a pre-eminent position, admitted, as an Englishman, to those highest circles which were closed to the monied men of France, and aspiring to that commanding influence in the commercial world which although often maintained in England is seldom countenanced in France, unless we may consider Lafitte as an exception. At the breaking out of the Revolution, the temptation offered by Mr Boyd's wealth was too great to be resisted. The French Government chose to consider him as an emigre, and seized upon the funds of the bank, which are said to have consisted of L600,000.