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'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

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