Just some interesting facts I learned taking a class on "The History of the English Language" my senior year in college (which was also the source for this much longer and more filled out post).
I learned that i and j, as well as u and v, were not distinguished in writing until the seventeenth century, so that one might write "Iack, liue, and vnder" where we would write "Jack, live, and under." And even this was just a graphical change--they weren't really considered different letters until well into the nineteenth century, as shown by the fact that dictionaries did not separate them alphabetically, so that the word "iambic" might be set between "jamb" and "jangle" in an early modern dictionary.
Also, pseudo-antique signs with names such as "Ye Olde Coffee Shoppe" are simply prey to a typographical error--'Ye' was never used (in pronunciation anyway) as a substitute for "The". English in the early modern time still used the letter þ (called a 'thorn') to indicate a "th" sound, but Continental type fonts didn't have such a symbol, so a "y" was substituted, with a superscript "e" above it to indicate that it was standing in for þ and should be read "The." We've since misinterpreted the “y” with a superscript “e” as being pronounced "Ye", but with no historical accuracy.
I don't have the book with me at the moment, but I'm certain all of these bits and pieces are found in John Algeo's excellent History and Development of the English Language, which I've referenced below.
Notes
[a] The subject of the sentence would be "Ye."
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References