Domestic Annals of Scotland from the Reformation to the Revolution, Volume 1 (of 2)Chambers, Robert
History
Domestic Annals of Scotland from the Reformation to the Revolution, Volume 1 (of 2)
Chambers, Robert
Scotland -- History -- 16th century; Scotland -- History -- 17th century
For some time we have heard nothing of Eustachius Roche, _quondam_
tacksman-general of the Scottish mines. From this circumstance, and the
difficulties he seemed to be labouring under the last time we heard
of him, it is little to be doubted that he had found his adventure
unprofitable and hopeless, and given it up. Now another comes forward,
one really notice-worthy, since he prospered to some extent in his
undertaking, and laid the foundation of a property and a work which
still exist. This was Thomas Foulis, goldsmith in Edinburgh.
The Edinburgh goldsmiths of that day, though only occupying a few
small obscure shops stuck between the buttresses of St Giles’s Church,
comprehended in their number two or three persons of such considerable
wealth, as to verge upon a historic importance. Such, for example, was
George Heriot, who in 1597 became goldsmith and jeweller to the king,
and in time accumulated the fortune which enabled his executors to
erect the magnificent hospital bearing his name. Another of the number
was Thomas Foulis, who, when in spring 1593 the king had to march an
army against the Papist lords in the north, supplied a great part of
the funds required for the purpose. What the Bank of England has often
in modern times been to the British government, Thomas Foulis, the
Edinburgh goldsmith, was in those days to King James--a ready resource
when money was urgently required for state purposes. On the 10th of
September 1594, the royal debt to Thomas was no less than £14,598;
and as a security so far for this sum, the king consigned to him ‘twa
drinking pieces of gold, weighing in the haill fifteen pund and five
unce,’ which the consignee was to be at liberty to coin into ‘five-pund
pieces,’ if the debt should not be otherwise paid before the 1st of
November next, ‘the superplus, gif oney beis,’ to be forthcoming for
his majesty’s use. The value of the gold of these drinking-cups at the
present day would be about £950, which shews that the debt in question
was expressed in Scottish money. It may be remarked, that on the same
day the king consigned another gold drinking-cup, weighing twelve
pounds five ounces, in favour of John Arnott, burgess of Edinburgh,
who had lent him £6000. It further appears that Thomas Foulis, very
soon after, lent the king £12,000 more ‘for outredding of sundry his
hieness’ affairs.’
[Sidenote: 1593-4.]
In consideration of the loans he had had from Thomas Foulis, the
king granted him (January 21, 1593-4), a lease of the gold, silver,
and lead mines of Crawford Muir and Glengoner for twenty-one years.
The Edinburgh tradesman probably had the sagacity to see, in a
little time, that there was not, in those districts, a sufficiency
of the more precious metals to pay the expense of collecting. We
find, however, that in 1597 he was working the really valuable lead
deposit of Lanarkshire, as there are acts of council in that year
for the protection of his lead-carriers against ‘broken men of the
borders.’[198]
Public-domain text, read in full here on John Shaqi.
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