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Banking Day 81
"To the angel of the church in Laodicea write: These are the words of the Amen, the faithful and true witness, the ruler of God's creation. I know your deeds, that you are neither cold nor hot. I wish you were either one or the other. So, because you are lukewarm, neither hot nor cold, I am about to spit you out of my mouth." (Revelation 3.14-16)
"Laodicea" was the wealthiest of the seven cities in the
"Ephesus Crescent." It was renowned for its banking industry (See Laodicea coins to the right), manufacture of wool, and a medical school that produced eye ointment. It exported fine woolen garments and was famous around the Roman world for its eye ointments.
Banking Centre
"Laodicea" was a great banking and financial
center. When Cicero was travelling in Asia Minor, it was at Laodicea that he cashed his letters of credit. It was one of the wealthiest cities in the Roman world at that time.
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