Chambers's Journal of Popular Literature, Science, and Art, Fifth Series, No. 4, Vol. I, January 26, 1884Various
History
Chambers's Journal of Popular Literature, Science, and Art, Fifth Series, No. 4, Vol. I, January 26, 1884
Various
Periodicals
have a penchant for Jamaica rum, by extending their visit to the West
India Dock, they can see the largest collection of rum-casks to be
found in any bonded warehouse on the habitable globe. But it is not to
these colossal establishments that we wish now to refer, interesting
and important as they may be, but rather to the less pretentious
and smaller warehouses, forming a group styled officially ‘Uptown
Warehouses.’
No one passing along Crutched Friars—the very name suggests that
strange blending of the past with modern commercial activity, which is
observable in London as in other large centres of population—would from
external signs surmise for a moment, that under his feet and around
him there were acres of vaults containing tens of thousands of casks
of port, sherry, and various descriptions of spirit. Yet such is the
fact; and as a matter of detail, it may be stated that the stock of
_port_ wine in one of these vaults comprises the finest brands imported
into the metropolis. The firm of B—— is well known throughout the
commercial world of London, and is believed to be upwards of a century
old. The original founder, who sprang from a very humble stock, died
worth, it is said, two million pounds sterling, amassed by the skilful
and honourable conduct of a bonding business, which had grown from
very modest conditions indeed, to rival the huge proportions of the
docks themselves. In fact, the tendency of the last few years has been
decidedly to withdraw the bonding trade from these formerly gigantic
establishments, and to concentrate it in the Uptown Warehouses. The
result of this has been to lower the shares of the Dock Companies to
the minimum level compatible with commercial solvency; while, owing
to the keen rivalry with the smaller and more progressive bonding
warehouses elsewhere, the charges have been reduced to a point that
would have surprised merchants of past days. One great reason for the
modern change which we have noted, is unquestionably the superior
accessibility of the Uptown Warehouses to the City proper, and their
comparative nearness to the various railway termini. Time and distance,
in these days of excessive speed, are prime factors, and must in the
end assert themselves. Besides, it is evident to all thinking men that
we have reached a crisis in the transport of merchandise, and that the
railway is becoming daily more omnipotent.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account