This elegant proof of 1870s bill of exchange is a fascinating artifact from 19th-century international trade, issued by Tod, Rathbone & Co., a branch of the historic Rathbone family business, which has been associated with commerce, philanthropy, and financial services for over three centuries. This document reflects the firm’s significant role in facilitating global trade and banking, particularly in Egypt, during the 19th century.
The Rathbone family, founders of Tod, Rathbone & Co., established their commercial legacy in Liverpool in the 18th century. Initially engaged in shipping and trade, particularly in cotton and other commodities, the Rathbone family played a crucial role in Britain’s industrial expansion and international commerce. By the 19th century, their ventures had expanded globally, with Tod, Rathbone & Co. establishing a significant presence in Mediterranean and Egyptian markets.
The Rathbones were also known for their commitment to social reform and philanthropy. Members of the family were early advocates for abolitionism and contributed to improving labor and social conditions during the 19th century. The firm’s presence in Cairo during this period reflects the increasing importance of Egypt in global trade, especially after the opening of the Suez Canal in 1869, which transformed international trade routes and cemented Cairo’s role as a major commercial hub.
This blank bill of exchange exemplifies the financial instruments used by prominent trading firms like Tod, Rathbone & Co. to facilitate credit and transactions across continents.
