GB RPSL PB-CORRESP-LB-1011002-101102-0041

Draft

Item

• 9th Dec 1843 (Creation)

Royal Philatelic Society London

49 Sc Signatures, date or to Fall of them easily detecti These prochs however were insemously pelted from the Colombier bactes & neatly pasted upon athe thin Paper so that as faz at the substance went they might deceive. Ever since this occurrenen we stamp proofs Devery thing before it leaves the press (except holes bills de sent the Customers, order for use) with the word "Specimen "upon I send none out but after lathing a list,) towell Knours parties to be returned – Therefore if your plates had not been destroyed we have guarded against any fresh case occurring in future. Au tothe case above named no one supposed abas use could be made of India Proofs, or we Bould have been more guarded against it. the We remains, Gentlemen respectfully Your Bed Jere to VWV West Benjamin Heywood Ro Manchester. James Marshall Esq. Sir, Holy Fest Sheet 9th Dec 1843. In consequence. If your direct that we should state in writing what we had to will against your demand Jareduction in ou Charges for work done forzaur Bank, we began to address you The question appears (partiente after the opinious pau expressed) fairly to divid itself into three reads. 1oh Have me ever derived an unfair Profit from the prices we have charged; Dond De yure you for our work? we now worte, oc have que ever worked for any other Bauke of Banks vantageous terms than ifust Zuly Com en now. гис ou more ad do for que and -afford Poreduce our prices, con sistent with the retention fa reasonable living profit ? иш eur valuable To the first query you will pro- -bably consider it a sufficient answer whing State as we now most truly do, that que have been in the business 24 Gears, and having -bartred a very considerable Capital and applied all our time and energies to its furtherance, not one Jenny of profits were or could be divided for Sixteen years, and even to this day the Partners bann not received back more than would have paid Common Interest on their expenditure, and this notwithstanding we were protected by very Palents, and for much of the time had our of the first Mechanies of the day abour hand, wethink it would not be possible Esfind in all London authech business under similar circumstances not yielding greater beneficial results. The second query never have thought of raisinch but for your statesment that you understood. we here working for working for others cheaper than for yan. Not only is thus altogether a mistable as to the fact, buture thould feel ourselen most highly culpable, and emprateful, if after the long period of time your Bauke have employed us, the great amount of work wekane done for zanz and the misforme Kindness we have experienced we ever reduced our prices for any other Banke belan ше Чилие we should 57 52 yours for similar works, without voluntarity; You immédiately notifying you of the same. eway rest estured that this has not been and never will be done. our our Doubtless the third Flast query is that which most concerns theBautr, but crevert the solution of the Bud materially affects character for fair dealing, and that of the 1874e fairness of our prices heretofore. I may however be said (and we think it was by you) that prices of every thing have come down, and therefore that ive can non- afford Coworks lower than formerly Mansiver to this which at first. sight seems a most reasonable observation mehr the sensed for laying the real facts before you. In itans which go to produce the Cost of the work des for you are Rent & Taxes Banke Note Olbriting Papers, Steel, Engravers, and other confidential workmen in the various branches necessaryu prépare tu Plates – Printers, Binders, Rundum Waters: and of all the above, buve only have two reduced night. Writing Paper which is D. dr. Z. Jhe lower, and the Building on the article of Chezen d save our jour Orders about five thu for Annum Bubin a responsible business like ours whorl ability, intégrity, and sobriety arco indispensable it is essential loset & to Ruse good men; And as our Customers will puntech with none but the best hvort me are somictimes obliger to do this even whe when we have not full emploquen for them; the consequence is, some of them hav been more than 22, and very end many 1522167 with us, we have several times hast to increase Mu which me your a ниче еше ши Ver. their wages from long service, so that ive can hausse; and truly say, that the production ofthe work do for you Rotually costs utugore, instead fless, than me formerly paid. But there are several other lights in which this subject ought to be viewed. When? Bank was first established as we beleived it would prove a most respectable and extensive Concern we fixed our original prices loyan atten shillings less per 1000 notes Man worked forthen, demany years after, for any others, sothat the reason welcome notreduend our charges to you is, because they mure below. all others in the first instance. Again B System of charging the Roles (which are the largen portion of our bills) you pay nothing, dircelly, for the Plates and à Set were made for abrauche which never opened, all the top falling upon ut, and the 2.10. £20. £500 £100 fornome Whe Branches ever pay us the cost of production, and very few of the flues & Threes either. In fact our prozel is confined to the 20%. 1307. Notes, and is per from being a large one on these. Butuchen it is taken into consideration that you have one Hundred and Forty Right Baute Grote Mates, Wint whose issue has been once, Fafartsfit your twice, changed entirely at our, and nothilden offense and that many of these 1118 have tobie occasionally renewed; making in the whole more than 350 Plates, it will be found not only that our profit is small, but that the Baute hazu been Supplied from the first, lower by as Than any one else could have supplied them with notes of as good a quality, leaving out attogether those parts which no others could gain

• English

Summary: The letter addresses concerns about pricing and work done for a bank, explaining the company's long history, profit situation, and refuting claims of unfair pricing or working for other banks on cheaper terms.

To: James Marshall Esq.

From: West Benjamin Heywood Ro, Manchester

Date: 9th Dec 1843

Images: 101102_0041.jpg;101102_0042.jpg