sold within this City; which are to y^e best information that can at
present be got, as followeth.’--And now, pledge me once more, Mr.
Geoffrey Barbican, in a farewell libation to the seventeenth century,
for this notice brings us down to the year 1701.”
“Marry, Sir, and I’m heartily glad on’t,” said I, “for I began to be
like honest Bunyan’s Pilgrims on ‘the Enchanted Ground,’ and to have
much ado to keep my eyes open: but as I now really think there is
some _little_ prospect that your tale will have an end, I shall do
mine endeavour to be wakeful during the next century and a quarter,
which you have yet to lecture upon. And, in the meanwhile, like Peter
the Ziegenhirt, in Otmar’s German story, which gave Geoffrey Crayon
the idea of Rip Van Winkle, I shall take another draught of the
wine-pitcher; and so once again, Mr. Barnaby, here’s to you.”
“My most hearty thanks are your’s,” replied he, “and let me add, for
your consolation, that I really have comparatively but little to
say in the next century; for a great portion of it was occupied in
doubting whether the Bridge would stand, in surveying its buildings,
in repairing it, in disputing concerning the erection of a new one, in
receiving the reports of architects, and in adopting schemes for its
alteration.
“The year 1701 may be considered as the important period, when the
Water-works at London Bridge began to advance towards that extent and
power at which they afterwards arrived. Peter Moris, the original
inventor, had a lease from the City for 500 years, paying 10_s._
of yearly rent for the use of the Thames water, one arch of the
Bridge, and a place on which he might erect his mill. The Citizens
soon experiencing the benefit of his invention, granted him, two
years after, a similar lease for a second arch, by which his wealth
considerably increased; and, with various improvements, the property
continued in his family until this time, when the proprietor finding
his profits lessened by the works at the New River, it was sold to
one Richard Soams, Citizen and Goldsmith, for £36,000. That it might
be the more secure, Soams procured from the City, in confirmation of
his bargain, another grant for the fourth arch,--the third belonging
to a wharfinger,--and a new lease of the unexpired term, at the
yearly rent of 20_s._, and a fine of £300. He then divided the whole
property into 300 shares of £500 each, and formed it into a company;
all which information you will find in Strype’s ‘Stow’s _Survey_,’
volume i., page 29; and in Maitland’s ‘_History_,’ volume i., pages 51,
52. Subsequently, however, a fifth arch was granted by the Court of
Common Council, after a long debate, on June the 23rd, 1767; under an
express condition that if, at any time, it should be found injurious to
the navigation of the river, the City might revoke their grant, upon
re-payment of the expenses. A particular description of these works,
which I shall speak of hereafter, will be found in the ‘_Philosophical
Public-domain text, read in full here on John Shaqi.
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