Chambers's Edinburgh Journal, No. 420 - Volume 17, New Series, January 17, 1852 by Various
page 43 of 71 (60%)
page 43 of 71 (60%)
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weight and fineness; the other, that the very best and fiercest
discourse I ever heard fulminated against the debasing love of gold, especially characteristic, it is said, of these degenerate days, was delivered by a gentleman who, having lived some seventy useful and eloquent years at the rate of about three hundred a year or thereabout, was found to have died worth upwards of L.60,000, all secured by mortgages bearing 7 per cent interest on the Brazilian slave-estates of a relative by marriage. But as an illustration of power--and power under any form of development has a singular fascination for most minds--I have thought it may not be uninteresting to glance briefly at a few of the more salient features of the metropolitan mammoth markets. Standing, then, by the statue of the Iron Duke, we have the Royal Exchange directly in front, Princes Street and the Poultry immediately behind, Lombard Street and Cornhill on the right, Threadneedle Street and Lothbury on the left hand. What an Aladin glitter seems to dance upon the paper as the names of these remarkable localities are jotted down, containing as they do so large a number of world-famous banking and commercial establishments whose operations and influence are limited only by the boundaries of civilisation! Let us look closely at one or two of the chief potentates, principalities, and powers which are there enthroned. The Royal Exchange, it is well known, owes its origin to the public spirit of Sir Thomas Gresham, who, close upon three centuries ago, built the first Exchange upon the spot now before us. It was destroyed by fire in 1666; the next more costly erection met the same fate in 1838, and has been replaced by the present very handsome edifice. On the entablature is Her Majesty Queen Elizabeth, |
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