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
Within a period of seventy years, London had been visited by it five
separate times; 145,000 having died from its collective attacks. As the
visitation had been governed by no known system, as it came without any
apparent cause and disappeared quite as capriciously, the Londoners
never felt safe from its re-appearance. It seemed always hovering
over them; and as the intervals between its departure and return were
sometimes only eleven years, and had never exceeded twenty-nine, its
harassing impressions were constantly on the minds of the citizens.
Its visits did not allow time even to soften or subdue the painful
remembrances connected with it; and were it necessary, a reference to
the letters, diaries, and chronicles of the day, would show that the
name of the plague turned men pale, and predisposed their constitutions
for its reception; that the very thought made the merchant regardless
of ’Change and of counting-house; and that the tradesman shuddered at
the memory of a disease which slew his children, depopulated London,
and destroyed his business.
The reports of the approach of the plague were, then, a positive and
practical evil; and in 1592, when 30,561 died of the disease, the
rumours of its horrors, appalling as these were in reality, were
enormously exaggerated. An attempt to quiet public feeling by correctly
indicating its progress was, therefore, made in the Bills of Mortality;
and though they were not at first maintained consecutively, they were
afterwards found so useful as to be continued from 29th December, 1603,
to the present time.[4] The mode of their production was simple. When
any one died it was indicated either by tolling or ringing a bell, or
by bespeaking a grave of the sexton. The sexton informed the searchers,
who hereupon “repair to the place where the dead corpse is, and by
view of the same and by other inquiries they examine by what disease
or casualty the corpse died. Hereupon they make their report to the
parish-clerk; and he, every Tuesday night, carries in an account of all
the burials and christenings happening that week, to the parish-clerks’
hall. On Wednesday, the general account is made up and printed; and on
Thursday, published and disposed of to the several families who will
pay 4_s._ per annum for them.” In 1629, two editions of the weekly
bills were printed, one with the casualties and diseases, and the
other without. For a long time these papers were made but little use
of by the public. A writer of the day says they were examined at the
foot, to see whether the burials increased or decreased; they were
glanced at for the casualties, as a matter of gossiping interest; and
in the plague time, the progress of the pest was closely watched by
the courtiers and the nobles, that they might escape its ravages; and
by the citizens, with that morbid feeling which is as much attached
to extraordinary calamities as to great crimes. But though this might
Public-domain text, read in full here on John Shaqi.
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