Encyclopedia > Worshipful Company of World Traders
The Worshipful Company of World Traders is one of the Livery Companies of the City of London. The Guild of World Traders was founded in 1985, became a Company in 1993, and was granted Livery status by the Court of Aldermen with effect from 2000. It only accepts members from the international trade fraternity, with the aim of raising awareness and understanding of, and standards of practice in, world trade.
The Company ranks hundred-and-first in the order of precedence for Livery Companies.
The Company's motto is commerce and honest friendship with all, taken from Thomas Jefferson's inaugural Presidential speech. .
External link
Worshipful Company of World Traders website (http://www.world-traders.org/)
The 107 Livery Companies are trade associations based in the City of London, each known as the WorshipfulCompany of the relevant trade or profession.
The Livery Companies originally developed as guilds and were responsible for the regulation of their trades, controlling, for instance, wages and labour conditions.
Among the earliest companies known to have possessed halls were the Merchant Taylors and Goldsmiths in the 14th century, but neither theirs nor other companies' original halls remain; the few survivors of the Great Fire were destroyed, along with many reconstructed ones, during the Blitz.
The WorldTraders Tacitus Lecture is now believed to be the largest event of its type in the City of London attended by the Lord Mayor and over 800 members of the WorshipfulCompany of WorldTraders.
The WorshipfulCompany of WorldTraders was today granted their Letters Patent by the Rt Hon The Lord Mayor in a ceremony at Mansion House in the City of London.
New livery company keeps City traditions alive in the 21st Century The ancient City tradition of Livery Companies is alive and well as witnessed by the announcement that the Company of WorldTraders has been granted Livery status.
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