#postal_orders_of_the_united_kingdom

Postal orders of the United Kingdom

The United Kingdom was the first country in the world to issue postal orders on 1 January 1881. They were the brainchild of the president of the Birmingham Chamber of Commerce, John Skirrow Wright which was to enable poorer people to buy goods and services by post, as they were unlikely to have bank accounts. The rich had bank accounts and could write cheques. A delegation of the Birmingham Chamber went to the annual meeting of chambers of commerce in London and John Skirrow Wright presented the idea, complete with all the details on how it would work including all the postal order values proposed. At first London bankers were against the idea, thinking it would affect their businesses, and the idea was rejected. However, eventually, the bankers realised that the people who would use postal orders were not their customers and therefore no threat to their business. Consequently, at the Annual Meeting a year later John Skirrow Wright presented the idea again and this time it was accepted and the postal order system was started exactly as Skirrow Wright and Birmingham Chamber had proposed.

Fri 4th

Provided by Wikipedia

Learn More
0 searches
This keyword has never been searched before
This keyword has never been searched for with any other keyword.