Blackwood's Edinburgh Magazine, Volume 63, No. 391, May, 1848Various
General
Blackwood's Edinburgh Magazine, Volume 63, No. 391, May, 1848
Various
England -- Periodicals; Scotland -- Periodicals
infamous rate of premiums exacted by the existent offices, and their
inapplicability to the wants of the honest artisan, and declaring that
nothing but the purest intentions of benefiting their fellow-creatures,
and raising the moral tone of society, had led the directors to
institute a new society, founded on the purest principles and the most
moderate calculations--proceeded to demonstrate that twenty-four and a
half per cent was the smallest possible return the shareholders could
anticipate. The company began under the fairest auspices: an
archbishop was caught as president, on the condition always that he
should give nothing but his name to the society. Uncle Jack--more
euphoniously designated as "the celebrated philanthropist, John Jones
Tibbets, Esquire"--was honorary secretary, and the capital stated at
two millions. But such was the obtuseness of the industrious classes,
so little did they perceive the benefits of subscribing
one-and-ninepence a-week from the age of twenty-one to fifty, in order
to secure at the latter age the annuity of £18, that the company
dissolved into thin air, and with it dissolved also Uncle Jack's
£3000. Nothing more was then seen or heard of him for three years. So
obscure was his existence, that on the death of an aunt, who left him
a small farm in Cornwall, it was necessary to advertise that "If John
Jones Tibbets, Esq., would apply to Messrs Blunt and Tin, Lothbury,
between the hours of ten and four, he would hear of something to his
advantage." But, even as a conjuror declares that he will call the ace
of spades, and the ace of spades, that you thought you had safely
under your foot, turns up on the table--so with this advertisement
suddenly turned up Uncle Jack. With inconceivable satisfaction did the
new land-owner settle himself in his comfortable homestead. The farm,
which was about two hundred acres, was in the best possible condition,
and saving one or two chemical preparations, which cost Uncle Jack,
upon the most scientific principles, thirty acres of buckwheat, the
ears of which came up, poor things, all spotted and speckled, as if
they had been inoculated with the small-pox, Uncle Jack for the first
two years was a thriving man. Unluckily, however, one day Uncle Jack
discovered a coal-mine in a beautiful field of swedish turnips; in
another week the house was full of engineers and naturalists, and in
another month appeared, in my uncle's best style, much improved by
practice, a prospectus of "the Grand, National, anti-Monopoly Coal
Company, instituted on behalf of the poor Householders of London, and
against the Monster Monopoly of the London Coal Wharfs.
Public-domain text, read in full here on John Shaqi.
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