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The E-Sylum:  Volume 10, Number 1, January 7, 2007, Article 27

FEATURED WEB PAGE: PRIVATE BANKNOTES OF THE CHIEF TREASURY OF WALES

This week's featured web page is an article by Peter Symes on some
the private banknotes of the Chief Treasury of Wales and the Black
Sheep Company.

"Over thirty years ago the threatened interests of Wales prompted a
Welshman to challenge the authority of the British Government and the
British banking system. The issues by the Chief Treasury of Wales and
the Black Sheep Bank managed to attract the interest of Welsh nationalists
and gained great notoriety in Great Britain. Today, the notes issued by
the two authorities are amongst the most sought after of all private
banknote issues.

The man behind both 'issuing authorities' and their note issues was
Richard Williams, a Welshman who had been employed in the banking
industry for many years and who was an Associate of the Institute of
Bankers. 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."

Featured Web Site

  Wayne Homren, Editor

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