Money for All. the Story of the Welsh Pound (SIGNED by Richard Williams - Founder of the NEW 'black Sheep' Banknote/bank of Wales)

By: Jones, Ivor W.

Price: £55.00

Quantity: 1 available

Book Condition: Near Fine with no dust jacket

In brown plastic covers with bright gilt titling to the front cover. The covers are Fine and very clean, and tight. Complete with an original new promissory 'Black Sheep' 10 shilling (Deg Swllt) Welsh banknote - 'Cancelled by order' on the reverse - which is 'tipped in' on a later half title. Also enclosed with this copy, is a newspaper cutting all about the Richard William's 'case' and also an original 'flyer' advertising the book and the notes for sale. 64pp. SIGNED by RICHARD WILLIAMS to the title page. Illustrated in black/white. Internally some light discolouration to the page edges, generally negligible. Overall an excellent copy, CLEAN TIGHT and BRIGHT. Signed by the man who caused all the 'rumpus' and the issuer of the 'Black Sheep' Banknotes - Richard Williams. "In 1968 there was some debate in Wales concerning the possibility of establishing a Bank of Wales, which would be used to promote trade and industry in the principality. While the debate carried on around him, Mr. Williams wrote to the Prime Minister of Britain asking that the name ‘Bank of Wales’ should only be used for a company that promoted the best interests of Wales. His letter passed through official channels and he received several replies. One of the replies was a letter from the Board of Trade, which stated that no company would be permitted to use the title ‘Bank of Wales’ unless they really deserved the name. Richard Williams, as will become apparent, was not overly impressed with the bureaucratic government of his day and so he immediately devised a response to the letter from the Board of Trade. His response was to register a company with the name ‘Prif Trysorfa Cymru Limited’, with shares of £100 split between himself & his wife. The Board of Trade duly registered the company, apparently unaware that the Welsh name of the company was translated as ‘Chief Treasury of Wales Limited’. Having embarrassed the Board of Trade, Mr. Williams then wrote to the Secretary of State for Wales, stating that it was unnecessary for the debate on the formation of the Bank of Wales to continue, as he had taken the necessary steps in establishing his company, which would look after the interests of Wales. Having taken his enterprise to this point, the next logical step was to produce some form of currency. Aware of the law and the restrictions placed on him, Mr. Williams decided to print & issue bills of exchange......." ! ! Excellent copy with the best possible association signature. See Images ; Small 4to 9" - 11" tall; Signed by Associated

Title: Money for All. the Story of the Welsh Pound (SIGNED by Richard Williams - Founder of the NEW 'black Sheep' Banknote/bank of Wales)

Author Name: Jones, Ivor W.

Categories: Ephemera/Advertising, Mathematics. Finance. Economics, History & Politics. Churchill, Anglo-Welsh Literature. Welsh Interest, Wales/Welsh,

Edition: Second Edition

Publisher: Llandudno, Cwmni y Ddafad Ddu Gymreig Ltd: 1969

ISBN Number: 0901709018

ISBN Number 13: 9780901709011

Binding: Hardcover

Book Condition: Near Fine with no dust jacket

Seller ID: 114778

Keywords: History Of Welsh Banknotes/banking Money; Welsh Pound; Punt; Deg Swllt (cancelled) Bank Note Money For All. The Story Of The Welsh Pound By Ivor W. Jones (SIGNED By Richard Williams - Founder Of The NEW Black Sheep Banknote) Wales And The Bank Of England Welsh Interest Banking; Richard Williams.