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"Ye Olde ..."

Posted by GPP on July 26, 2003

Am I correct in thinking there has never been such a word in English as 'ye' meaning 'the' (as opposed to 'you'), and that the entire "Ye Olde ..." industry is based on a misreading of an antique script where the 'th' characters appeared to resemble a 'Y'?

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