A large meeting was held today in 1850 in the Public Hall for the purpose of considering the propriety of petitioning Parliament to the effect that the Government should make good to the depositers the loss caused by the defalcations of the late actuary of the Savings' Bank. The position was adopted. Mr. Edward Taylor presided.
From Wrigley and Sons Almanack
The implications of the Savings' Bank crash were huge, to learn more please click on this link below :
http://artsandheritage.link4life.org/index.php/discover/local-history-online/co-operation/the-rochdale-pioneers/rochdale-and-the-co-op-by-john-cole
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