ORIGIN OF BANK HOLIDAYS
Before bank holidays were thought of the Bank of England, the Government offices, and large business firms, closed on certain saints’ days and other anniversaries, some closing one clnv and some another. This led to so much trade confusion, that in 1871 Sir-John Lubbock (afterwards Lord Avebury), was instrumental in getting the Bank Holidays Act passed. This Act. decreed four official bank holidays in England, the Mondays following Easter and Whitsun, and the first Monday in August —the latter being introduced to break the long gap between Whitsun and Christmas —and Boxing Day. These holidays are known as bank holidays because the Act makes special reference to banking institutions.
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Dominion, Volume 32, Issue 66, 10 December 1938, Page 3 (Supplement)
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113ORIGIN OF BANK HOLIDAYS Dominion, Volume 32, Issue 66, 10 December 1938, Page 3 (Supplement)
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