Annals, Anecdotes and Legends: A Chronicle of Life AssuranceFrancis, John, of the Bank of England
History
Annals, Anecdotes and Legends: A Chronicle of Life Assurance
Francis, John, of the Bank of England
Life insurance
It is evident there was no change in him. He was just as much a
selfish, coxcombical charlatan as when, fifteen years before, he wrote
in one of his art papers of “exchanging our smart, tight-waisted,
stiff-collared coat for an easy chintz gown with pink ribbons;” when
he touched so lightly but luxuriantly on “our muse or maid-servant,
a good-natured Venetian-shaped girl,” and of “our complacent
consideration of our rather elegant figure, as seen in a large glass
placed opposite our chimney mirror.” Others might be ashamed of
self-idolatry; he gloried in it. Such was his description of himself;
and who that has read it will ever forget that other description of
him as exemplified by Gabriel Varney? “Pale, abject, cowering, all the
bravery rent from his garb, all the gay insolence vanished from his
brow, can that hollow-eyed, haggard wretch, be the same man whose
senses opened on every joy, whose nerves mocked at every peril?”[21]
The career of Wainwright is instructive. From the time that he quitted
the simple rule of right, he wandered over the world under influences
too fearful to detail, and he died in a hospital at Sydney under
circumstances too painful to be recapitulated.
From 1825 to 1835, there was a huge outcry against all the new offices,
principally, however, raised by the old companies, who seemed to claim
a patent right of preservation. They forgot that competition is the
very soul of business, and mourned greatly as every new office made
its appearance, although by 1835 only fourteen more were established.
The following fraud was held in the light of a providence, and has
long been quoted by them, though few are aware of the many remarkable
circumstances in connection with the infamous “Independent and West
Middlesex:”--
Public-domain text, read in full here on John Shaqi.
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