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V9 2006 INDEX       E-SYLUM ARCHIVE




The E-Sylum:  Volume 9, Number 2, January 8, 2006, Article 8

DROPPED "THE" PROMPTS RUCKUS OVER BANKNOTE

"Korea's online community is up in arms at the decision
to omit the definite article from the new 5,000-won ($5)
bill, leaving "Bank of Korea" to stand alone.

"If the bank has omitted 'the' by mistake," read one
online posting, "then it has not only wasted taxpayers'
money, but caused our national shame."

The story of the new banknote, released on Monday, started
auspiciously. With its new design, holograms and other
anti-forgery features, demand for the new notes was such
that local banks had to limit the number of new bills they
will exchange for old ones to 10 per person.

But eagle-eyed netizens soon spotted that on the new notes,
the name of the nation's central bank is printed as "Bank
of Korea," prompting curious users to ask the bank why "the"
has been dropped."

"In response, the central bank said it left out "the" for
design purposes. The bank added its official title, The
Bank of Korea, has not changed.

The central bank also said a number of foreign countries
such as New Zealand, India, Israel and Hong Kong do not
use "the" when referring to their respective central banks."

Full Story

  Wayne Homren, Editor

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