Film: 7328

Social History | 1970 | Sound | Colour

Synopsis:

The development of money, focusing on the latest credit facilities - hire purchase and credit cards in the 1970's.

Familiar credits and montage of pit head, children on roundabout, pedestrians' legs and feet, coal miner at coal face, molten metal, tractor in corn field, passenger jet taking off. Intertitle: 'Tomorrow's Money'. Central London street, busy with double-decker buses, black caps and cars. Pedestrians crossing a road. Bustling pedestrians. Washing machines in a shop window or retailer. Exterior of a Post Office and Savings Bank. A sign for British Savings Bonds. Hands turning over actual bonds. The floor of the Stock Exchange - all men in suits. A tickertape machine. A type writer types re government borrowing. A huge crane hoists a massive block of pipes. Molten glass drips from a machine. The glass in moulds.. Television components are fitted together. A TV in a shop, showing the BBC2 Test Card. Customers in a bank. A bank manager rises to greet us as his door opens. A type writer types re a loan. Pedestrians' or shoppers' feet and legs. A cheque is written. A sign for 'Giro'. Hand holds a bank statement. Shoppers in a street. An overdraft letter. Jostling pedestrians. Montage of cameras on sale. Dixons electrical retailers, followed by other consumer goods (radios, calculators etc.) A newspaper is thrust through the letterbox of a 70's door (all wavy glass). Montage of home appliances - a gas cooker turned on, toast popping, the light being turned on. Cute girl speaks into the telephone. Bath water is run. Beer is poured. Double-deckers, taxis and pedestrians in a busy London street - then hands 'baste' shells against this backdrop. Picture of commerce in medieval Florence. Illustration of the 16th century Buise at Antwerp. Medieval picture of a geographer. Drawing of medieval ships at tea (illustrating maritime explosions). Montage of wheels and pounding machinery (i.e.. The Industrial Revolution). Montage of drawings and paintings of the late 17th century war against France (paid for by merchants' loans). Drawing of the early Bank of England. The Bank of England today. From another angle. The Houses of Parliament. Customers at a news stand. 'Evening Standard' news-line boards read: 'Bank rate up by 1 1/2%' and 'Credit Squeeze'. A woman lets herself through a garden gate. A younger woman lets her inside the house. The young woman takes a credit book or account book out of her handbag. She hands this to the first woman who makes a note in the book. The young woman talks about clothes. Exterior of 'Walters' clothes store. Inside, the young woman shops for clothes for her small son. Similar. She pays for the clothes on credit. She leaves the counter. Another woman inspects a fridge at 'Currys'. Two men (though their faces are out of shot at the moment) negotiate a hire purchase agreement, and the customer signs. The customer pays same money while the retailer folds the papers, and the customer's wife (from the penultimate shot) joins them. A double-decker bus' doors close. The bus drives past (the camera man can be fleetingly seen in reflection). Cars drive down Oxford Street. A lorry turns down a shopping street. A bottling machine. Interior of a textile factory - huge looms. Hands (of the woman or wife from 'Currys') put on a record. She puts a new tea service on a tray. Her husband flicks through magazines on the living room floor. She comes in with the tea, closing the fridge door with a swing of her bottom (not as kitsch as it sounds). Her husband becomes delight. Through the window, we see the wife joining her husband on the floor. A nice, new suburban house. A woman takes a box from a storeroom shelf (illustrating the 'new system of consumer credit' - the credit card). The woman presses buttons on a (then) hi-tech machine. The woman slots a credit card in a drawer.

An 'Access' sign. The woman lifts the cards - now stamped with 'Access' signs from the drawer. Credit card signs on a shop window - inside, an assistant shows a customer a radio. The customer reaches for his wallet and produces an 'Access' card. The assistant puts down the radio and puts the credit card through a machine. The customer, now in a fashionable restaurant, overlooking Leicester Square (probably), pays for tea for himself and three others using his 'Access' card. Hands run the card through a machine. The customer's wife or girlfriend, smoking, draws on a cigarette. The waiter brings the customer the slip to sign. The customer signs and the party stand up to go. Tea and cakes on a table, hands hold up a statement of account to read. Another card put through a machine. The slip signed by a woman paying for a holiday. She hands the slip to the travel agent who picks up a phone to confirm the transaction. An operator at the credit authorisation centre takes the call and taps at her computer. Reverse angle. Keys tapped. The operator talks into her microphone. Computer screen. Operator again. A row of operators. The travel agent listens on his end of the phone. The operator again. The travel agent hands the credit card and tickets to his customer. Computer screen - various figures. At a banking centre, while a female operator takes a call, a male supervisor checks her computer screen. He moves to the next female operator. A man walks between rows of computers. Another man operates a computer. Old fashioned computer's reels in motion. Computer keys are tapped on a keyboard. Rows of female computer operators in an office. A female bank clerk stamps the credit or cheque book of a customer. A pile of account statements. A 'line terminal' being tried out (a light pen scans the barcode) - the female operator scans the barcodes on two purchases. Closer. The terminal. The woman scans the customer's credit card barcode. She hands him the goods. She scans two small boxes. A woman checks a computer readout. Pedestrians outside Oxford Circus tube station. Dummies in a shop window. Clothes shop window: Men's shirts and jackets. An electrical goods shop window. Pedestrians nearby. Hands exchange barter objects against the backdrop of a modern street. A till cash register. Coins are counted into a man's hand. A woman looks at clothes in a shop window. Pound notes are placed in an old fashioned till. A cheque is given to a cashier. The portable radio (from the 'Currys' sequence) is put down. The customer (also from that sequence) produces his card again, showing us the 'Access' symbol.


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