La
Touche was of French Hugeunot origin. His father, David Digues La
Touche des Rompieres, had fled to Holland in search of religious
freedom and came to Ireland to fight in the Battle of the Boyne
(1690) in the defence force of William of Orange.
He
left the army in Galway, where he was billeted to a weaver who sent
him to Dublin to buy worsteds. Deciding to stay in Dublin, David
set up as a manufacturer of cambric and rich silk poplins. His business
became a gathering-place for the Huguenots of Dublin who left their
money and valuables with David for safekeeping when they had to
travel outside the capital. Some of this money would be advanced
as loans at a reasonable interest and the La Touche Bank came into
being.
In
1716 David joined forces with Nathaniel Kane, and the Kane-La Touche
banking and poplin business prospered. His two sons, David and James,
were educated in Holland and later joined the business. On the death
of the first David, James inherited the poplin business and David
II, tenant of Number 10, became the proprietor of the La Touche
Bank.
The
property, originally stretching back to Mary Street, was in the
heart of the commercial centre of eighteenth-century Dublin. Proximity
to Essex Bridge, one of the earliest bridges across the Liffey,
was of great advantage, and the house was positioned directly opposite
the customs house, where the Clarence Hotel now stands.....
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