Before revision: Lloyd, Samuel, The Lloyds of Birmingham with some Account of the Founding of Lloyd's Bank, 2nd Edition, Birmingham London, 1907, pp.23-4 The story is related as follows by Samuel III Lloyd (1827-1918) of Farm, in his 1907 family history The Lloyds of Birmingham with some Account of the Founding of Lloyd's Bank: "It was early in the seventeenth century when the neighbourhood of Stourbridge was the centre of the nail-making industry of England that Sweden became a discomforting competitor to those engaged in this industry ; as nails made there were sold in England at prices with which Stourbridge makers could not compete.
After revision: The story is related as follows by Samuel III Lloyd (1827-1918) of Farm, in his 1907 family history The Lloyds of Birmingham with some Account of the Founding of Lloyd's Bank: "It was early in the seventeenth century when the neighbourhood of Stourbridge was the centre of the nail-making industry of England that Sweden became a discomforting competitor to those engaged in this industry ; as nails made there were sold in England at prices with which Stourbridge makers could not compete.