Chronicles and characters of the stock exchangeFrancis, John, of the Bank of England
History
Chronicles and characters of the stock exchange
Francis, John, of the Bank of England
Speculation; Stock Exchange (London, England)
minor point compared with the balance-sheet of the nation.
The melancholy history was occasionally enlivened by episodes, which
sometimes arose from the humor, and sometimes from the sufferings of
the populace. It is recorded as a fact, that, to procure the aid of
the blind deity, a woman to whom a ticket had been presented caused a
petition to be put up in church, in the following words:—“The prayers
of the congregation are desired for the success of a person engaged
in a new undertaking”; a singular contrast to others, who sought the
midnight gloom of a church-yard to secure them the good fortune so
eagerly craved. Romantic incidents often checkered the history. Old
bureaus with secret drawers, containing the magic papers which led to
an almost magic fortune, were purchased of brokers, or descended as
heirlooms.
The evils in country places were more vividly impressed on the mind
from the smallness of the population. In a village near town, a
benefit-club for the support of aged and infirm persons existed for
many years. Among the members was one who, in trying his luck, gained
£3,000. The effect was feverish and fatal to the peace of the little
community. The society formed to nourish the sick and clothe the
needy, was converted into a lottery-club. The quiet village, which
had hitherto vegetated in blessed peacefulness, rang with the sound
of prizes, sixteenths, and insurances. People carried their furniture
to the pawnbrokers, while others took their bedclothes in the depth
of winter to the same source. The money thus procured was thrown
away upon lotteries; and the prize of £3,000 was destructive to the
happiness of the place.
Public-domain text, read in full here on John Shaqi.
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