A History of Parker Brothers

From Banking to Monopoly

By Ron Lester, published Apr 08, 2007
Published Content: 55  Total Views: 30,907  Favorited By: 8 CPs
Rating: 4.4 of 5
The year was 1866 when Mr. and Mrs. George Parker welcomed their youngest son, George Swinnerton Parker, to the world. Their eldest sons were Edward and Charles, respectively. The Great Depression would soon open its arms to the American world, as well. George S. Parker was a hidden gem to a floundering nation. Well loved by his brothers and well liked by his friends, he was the ultimate kid at heart and soon he would bring that heart to the nation. The boy was an avid dreamer that loved to play games and his brothers appreciated his games.

Their favorite game was a game that George invented called Banking. The players borrowed money from the bank and tried to make money by guessing how well they could do. It included one hundred and sixty cards that would foretell their success or failures. The game was well received by his friends and brothers, so well that his older brother, Charles prodded him into publishing Banking. He approached two publishers unsuccessfully, before finally gaining the approval of one. He spent forty dollars on five hundred copies, which netted him a one hundred dollar profit.

In 1883, Charles once again urged his baby brother on. This time he coaxed, the then sixteen year old, George to form his own company. Thus, The George S. Parker Company was established. In 1888, business was going so well for young George, that Charles joined his company. It was that same year that they changed the name to Parker Brothers. Ten years later, their eldest brother came aboard.

The earliest games were developed to help educate and entertain the public. George took responsibility for writing all the rules, developing all the games, promotion, and sales during the early years. This was unheard of, at the time. He felt it was important for people to stay in touch with news of the time, however people did not want to read about bad news. His idea was to keep them informed without them even realizing they were up to date with the times. This was the genius of George S. Parker.

Takeaways
  • The history of Parker Brothers
  • Their importance to the nation
  • The birth of a dreamer
Comments
Showing Comments 1 - 6 of 6
 
 
Bonjour Je voudrais savoir vers quelle date que vous sortez le boogle électronique en francais et répondez-moi sur mon courriel proust36@hotmail.com

Posted on 08/27/2007 at 10:08:00 AM

 
Great article -- I knew a bit of the Monopoly history but not the rest. Stories about depression era inventors are so inspiring.

Posted on 04/14/2007 at 1:04:00 PM

 
Ah, to be a kid at heart! Thank you all.

Posted on 04/13/2007 at 7:04:00 AM

 
Super story. I can't even imagine having all that creativity and actually putting it to use in a business at such a young age. And he lived to be 86, well that says something about playing doesn't it.

Posted on 04/12/2007 at 8:04:00 PM

 
Quite informative, excellent!

Posted on 04/12/2007 at 8:04:00 PM

 
Excellent article! I always wondered what the story was behind Parker Brothers, thank you.

Posted on 04/10/2007 at 9:04:00 PM

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