'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.
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 â and more." The "amazing result" showed "how strong
