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BURNING BANK OF ENGLAND NOTES.

? Once a week, says the Tatler, the contents of about ninety boxes—the notes paid by the Bank of England in the corresponding week five years ago—are emptied into a huge kiln. Fire is applied, and as soon as it is seen that the moss is well alight, the doors are closed. By the next morning the paper, whioh represented many hundreds of thousands of pounds, is a mass of ash and dust, ready for the dustman to cart away. Now and then, however, a curiosity is saved from the flames. One such is shown in the shape of a note, dated July, 1736, and preBented on 9th March, 1847—clean and* in good preservation. Had the owner of this note put his money to the exchangers " instead of into a secret packet, his friends would have " received it with usury" to the extent of a little over £6000. An even more curious case happened at the Bank on Christmas Eve hist. A Bank post bill for £25, and a note for £20, dated December, 1752, were presented on that day. Had these documents been invested at compound interest, the value of the former would have been £11,132 14s ll£d, and of the second £8906 3s Hid.

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https://paperspast.natlib.govt.nz/newspapers/EP18801206.2.27

Bibliographic details

Evening Post, Volume XX, Issue 285, 6 December 1880, Page 3

Word Count
210

BURNING BANK OF ENGLAND NOTES. Evening Post, Volume XX, Issue 285, 6 December 1880, Page 3

BURNING BANK OF ENGLAND NOTES. Evening Post, Volume XX, Issue 285, 6 December 1880, Page 3

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