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About The commoner. (Lincoln, Neb.) 1901-1923 | View Entire Issue (Jan. 1, 1904)
VOLUME 3, NO. 51.
, The B.txnk of England.
MWWP'5i'UW',r rwni"it Tprr-pr" r.
When tho Bank of England com
"monced business in 1694, with a staff
of 'flfty-four clerks, all of whom
worked in a single room and tho direc
tors with them, no, one imagined that
'it would develop into tho great na
tional institution it is today. And its
'caroer, expending over two centuries,
has brought it in touch with a wealth
of romance, relics of which may bo
found in that department of tho bank
with which tho public is least famil
iar namely,, its museum.
How many people know that tho
bank once issued a note for a penny?
although it should bo explained that
t this was entirely duo to an error. But
' tho penny noto went jnto circulation
all tho same, and only by offering a
reward of ,5 was the bank able to get
it back again before it passed into
tho hands of tho curio collector. This
noto is still preserved in one of the
albums, and in another are some of
tho curious notes which saved tho
bank In 1745. In that year a great run
'orrth'o'funda'todk place so .great, , in,
'fact, that it wan thought that tho
bank would be uriablo to meet it; but
the directors in tho nick of time sent
a number of their clerks into the
crowd to present notes which were
paid in sixpences, thus giving the offi-
Anyoneof the foJlowlnpwlll bo sent with THE
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111 HpHlfl!ISWPUb 1; s'
The Coming" Eclipse.
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cials time to prepare for the demand
Another curiosity is a note forl,
000,000, which is the only one of that
value ever printed; while there is also
a note which was in circulation for
nearly 150 years before it was pre
sented. Specimens of all the forged notes
which have been uttered from time, to
time by the unscrupulous are kept,
and their value aggregates several
million pounds, while notes brought
from the wreck of tho Eurydice an
one taken from the stomach of an-
enormous codnsn captured on ine
coast of Greenland are among the'
bank's most yalue.d treasures.
There are hundreds o specimens of
curious coins which have been re
turned to the bank from all parts of
the world, or found ,in the testing ma
chine. This machine, by the wajr,
tests 35,000 sovereigns a day, and au
tomatically rejects any which have
The museum library contains all the
old ledgers which have been used by
the bank since 'it was first opened, arid
they number 70,000, while another set
of volumes gives a record of every
member of tho staff who has ever
served at the. bank. Ther.e are also
23,000 volumes of all kinds for the
use of tho staff, some of which are so
rare that the same numoer of sover
eigns would not purchase the collec
tion. The bank has its own churchyard
adjoining, and hero mauy of the offi
cials have in former times been bur
ied. In one corner Js the grave of a
man who stood 8 feet 2 inches in his
The Commoner Condensed
Reproducing from the second year' of The Com
moner the editorials which discuss questions of a
permanent nature, zzz
A COMPLETE INDEX.
A POLITICAL REFER
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A few Copiea of Volume I. left. Cloth bound same price.
? The Commoner, KS..
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