Anecdotes of the Manners and Customs of London during the Eighteenth Century; Vol. 2 (of 2): Including the Charities, Depravities, Dresses, and Amusements etc.Malcolm, James Peller
History
Anecdotes of the Manners and Customs of London during the Eighteenth Century; Vol. 2 (of 2): Including the Charities, Depravities, Dresses, and Amusements etc.
Malcolm, James Peller
London (England) -- Social life and customs -- 18th century
Another, called "The Fortunate Office," was intended to provide
marriage-portions for the Subscribers, who paid 2_s. per_ quarter for
their tickets.
A sort of Tontine had its origin in 1709 under the name of "The Lucky
Seventy, or the longest livers take all." It was declared to issue out
of the Annuities granted or to be granted by Parliament for the term of
99 years; the sum subscribed 10_l._ or as many tens as the Subscriber
chose. The income was immediate, tax free, and payable half-yearly
during the lives of their respective nominees. The office was held at
Haberdashers Hall.
An office was opened in Theobald-road, 1710, which, if really
answerable to the statement announcing it, promised great benefit to
the lower classes of the community; and was highly honourable to the
dignified Clergy, eminent Physicians, Surgeons, and Counsellors at Law,
who founded and supported it. Those persons, taking into consideration
the difficulty the poor laboured under of procuring medical and
surgical assistance and legal advice, offered to afford prescriptions
and opinions for one shilling on delivering a case, and one other
shilling at receiving the answer, which payments they declared would be
applied only to the actual expences of the office.
The success of these schemes sharpened the invention of the thrifty;
and immediately almost every street in London abounded with Insurance
offices, where policies for infants three months old might be obtained
for short periods. From those they diverged into other ages and various
descriptions of persons. Their reign, however, appears to have been
but short; as I meet with very few advertisements of the kind in 1712.
One specimen may be worth preserving: "By the United Friendly and
Perpetual Society, at the Naked Boy, the corner of Battle-bridge, in
Tooley-street, Southwark, on Thursday the 25th instant, will be opened
two offices on Marriages for three months, on Claims two, upon Births
for two months, and two on Servants for three months on dividends."
Another will verify the "Wisdom of Nations" in the adage of "Set a
Thief, &c.:" indeed, the Gentleman writer lets us into the whole secret
at once.
Public-domain text, read in full here on John Shaqi.
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