It was fifty years ago today that
Sgt Pepper first used a cash machine. 1967 is proving to be quite the year as
we have yet another fiftieth anniversary and this time it’s the cash
machine, officially known as the ATM though often referred to as `the hole in
the wall`. Fifty years yesterday, on 27 June 1967 in North London’s Enfield
branch of Barclay’s Bank, Reg Varney (looking like he was on the way to the
golf course) became the first person ever to properly use an ATM. Did he
withdraw his own money? Why was he wearing a cap? Who even was Reg Varney? More
pertinently who actually invented the thing?
"Is there really a tiny bloke in there luv?" "Yes, Reg, there really is" |
The Automatic Teller Machine to
give it the proper name was invented by… well that depends really. Officially
John Sheppard Barron was recognised for many years as its creator however it
has more recently come to light that James Goodfellow might actually have invented
it. In the mid Sixties he was a
development engineer for a Glasgow company called Kelvin Hughes and was working
on a way to enable bank customers to access cash when branches were closed. The
solution was a machine from which they could obtain cash with a unique number
that would `unlock` a person’s account as well as a plastic token with holes in
it. He patented this idea which describes a card reader with buttons set on the
outside wall of a bank. The patent states: “When the customer wishes to withdraw
a pack of bank notes from the system he simply inserts his punched card in the
card reader of the system and operates a set of 10 push buttons in accordance
with his personal identification number.”
James Goodfellow: "Here I am with MY cash machine. I invented it not Mr Shopping Bag!" |
Meanwhile John Sheppard Barron
was working on something similar at De La Rue, the company that made bank
notes. His machine used a substance known as carbon-14 which was on cheques and
which would match the cheque against a personal number. The substance was described
as “mildly” radioactive. Nonetheless it was his machine that went public first
leading him to be declared the inventor though Goodfellow’s patent was
registered about six weeks earlier.
It wasn’t until 2005 when
Sheppard- Barron was awarded an OBE for being the creator of the cash machine that
Goodfellow went public about all of this. The following year he did receive an
OBE albeit for creating the personal identification number. Sheppard Barron
said rather tartly of his rival: “His invention reminds me of the hovercraft-
an elegant failure”. Goodfellow later responded: “When people talk about
the Wright brothers, they didn’t invent the concept of flying, everyone was
trying to do it – but they did it and got the credit for inventing the
aeroplane, so I think I should get the credit for inventing the cash
dispenser.” The academic row rumbled on in words alone as the two were not
young enough to settle it in the car park at closing time.
John Sheppard Brown: "Here I am with MY cash machine. I invented it not Mr Badfellow!" |
History
is coming around to Goodfellow’s side though; even the Home Office’s official Welcome
to Britain document credits Goodfellow solely for inventing the ATM. Ironically for a machine that gives out money Goodfellow has
not made any fortune from it. No wonder
he is so eager to get the credit. The sting in this tale is that there is a
third claimant to the invention. Armenian- American inventor Luther George Simjian
registered patents for the idea in 1959, eight years earlier. However his
version was trailed and didn’t work very well.
It’s a wonder nobody’s made a
period film of this rivalry inevitably starring Kenneth Branagh. They’d have to
spice up the story a bit though- perhaps each of them hires an assassin to
despatch the other. And a film might perhaps invent early attempts with a man
sitting in a box handing out cash through a slot which is how all children used
to imagine the ATM worked! Perhaps even Reg Varney would get his hand stuck in
that first ATM.
If you didn’t know Reg Varney was
a comedy actor who became famous in the 1960s on several shows including The Rag Trade. Two years after his ATM
debut he starred in his best known series On
The Buses for which he actually took a bus driving test even though most
scenes took place in the garage. After that he was in Down the Gate set in Billingsgate Fish Market. Nobody is sure if he
was formally trained in how to deal with fish though he was probably just as
rubbish a fishmonger as he had been bus driver as he seemed to spend the whole
time standing around chatting. Much
later in life after he’d retired from acting he even took to painting
landscapes some of which were exhibited. So far as we know he actually did
withdraw some of his own money form that first ATM.
The original cash machine painted with gold for the anniversary. Little man: "I'm still in 'ere you know. What happened to that funny Mr Varnish?" |
Some people reckon that use of
ATMs has peaked and with contactless payment they will become obsolete. However
it looks more like they will evolve to become the remains of bank branches.
Instead of a shop banks will have a number of cash machine like outlets for
people to use on the move. `Bank in a box` they’re calling it because
essentially it would be a branch without the shop or people in it. Maybe though
they will be manned- by one person sat inside- just like the way we always
imagined it was when we were young!
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