NPR

'Financial Times' Issues 103-Year-Old Correction

In 1914, the newspaper reported that applications were "pouring in" for WWI war bonds. Researchers at the Bank of England, analyzing old records, have discovered that wasn't remotely true.
A 1915 poster urged the British public to buy war bonds. The previous year, the Bank of England had concealed the failure of the first round of bond-selling.

On Nov. 23, 1914, the Financial Times ran a piece about the wild success of British efforts to fund World War I.

War Loans were "oversubscribed," the paper said; applications were "pouring in"; the public "has offered the Government every penny it asked for — and more." The "amazing result" showed "how strong

You’re reading a preview, subscribe to read more.

More from NPR

NPR2 min read
Mystik Dan Wins The Kentucky Derby By A Nose
In a close finish, Mystik Dan won the Kentucky Derby by a horse's nostril over Sierra Leone. Contenders waited with bated breath in the seconds before the official decision was made. The thoroughbred had entered the race with 18-1 odds — a longshot c
NPR4 min read
'Zillow Gone Wild' Brings Wacky Real Estate Listings To HGTV
Zillow Gone Wild started in 2020 as an Instagram account devoted to eccentric property listings. The show focuses on homes that defy everyday expectations in some way.
NPR4 min read
Cicadas Are Back On The Menu. One Chef Shares His Dish Ideas — And An Easy Recipe
The cicadas are coming! And so are some new flavor profiles. This spring, the bugs of two broods, the 13-year Brood XIX and the 17-year Brood XIII, will crawl from the ground simultaneously across the eastern and southern parts of the United States.

Related Books & Audiobooks