Though its allies were nearly exhausted from the fight, Germany launched a final all-out offensive on the western front that represented the dying gasp of a losing cause. The smaller countries allied with Germany and the Central Powers, however, had had enough and began throughout the year to sue for peace. Geoffrey prepared to move ahead with the Milverscombe branch of the Bank of London. He made several trips back into the capital and returned one day in February with the news that his proposal had been approved. He opened the following month in a small store space while plans were being made to construct a new building. Sufficient capital was provided for him to begin making a few loans and teaching the country folk of the region how to do business with a bank. He hoped to open the doors of the new building by August of that year. The managers of the Bank of London hired a construction firm from Exeter to build the new bank in Milverscombe.
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