Friday, February 18, 2011

Lord Bonkers' Diary: The Great Rutland Inflation of 1752

The new Liberator is landing on subscribers' doormats even as we speak, so it is time to spend another week with Rutland's most celebrated fictional peer.

One of my proudest boasts is that I was among the first people to grasp that the moving television was here to stay. The investments I made in those early days proved gratifyingly profitable – whoever it was who described commercial television as “a licence to print money” was not so far off the mark.

It happens that we Bonkers know all about licences to print money, for we were granted just such a one by George II after an engraving of him in circumstances that might be open to unfortunate misinterpretation happened to come into our possession; the Great Rutland Inflation of 1752 taught us that such privileges must be handled responsibly.

My experience of those early years of television was altogether happier...

Lord Bonkers was Liberal MP for Rutland South-West 1906-10.

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