the friend online
24 October 2008

Q-Eye - preview
A peck of gold keeps the panic away
Heard the one about the Peckover Bank? No, we hadn’t either but Roger Gillett got in touch after reading Eye’s comments about Quaker banking (10 October)
  • ‘As you noted, Overend, Gurney & Co were not immune to the run on their bank so what is the “Quaker banking” that people are talking about?’ asks Roger

  • He goes on to tell us of the story of Jonathan Peckover, one of the earliest Quaker bankers
  • Friend Peckover first opened a general shop in Wisbech and as a successful tradesman secured the confidence of those with whom he came in contact in business
  • ‘This eventually led to some of his customers asking him to take care of their money’, says Roger
  • Later on, people seemed to prefer ‘Peckover’ notes to Bank of England ones!


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