[Illustration: THE FIRST LONDON EXCHANGE] As for the buildings of London proper, fifty years have witnessed many changes, and have brought many losses--more losses, perhaps, than gains. The Royal Exchange, built by Edward Jerman in place of Sir Thomas Gresham’s of 1570, was burnt to the ground on January 10, 1838. The present building, designed by Sir William Tite, was opened by the Queen in person on October 28, 1844. Jerman’s Exchange was a quadrangular building, with a clock-tower of timber on the Cornhill side. It had an inner cloister and a ‘pawn,’ or gallery, above for the sale of fancy goods. It was decorated by a series of statues of the Kings, from Edward I. to George IV. Sion College, which until the other day stood in the street called London Wall, was not yet wantonly and wickedly destroyed by those who should have been its natural and official protectors, the London clergy. [Illustration: THE SECOND LONDON EXCHANGE] [Illustration: THE PRESENT ROYAL EXCHANGE (THIRD LONDON EXCHANGE)] Things happen so quickly that one easily forgets; yet let me pay a farewell tribute and drop a tear to the memory of the most delightful spot in the whole of London. The building was not of extreme age, but it stood upon the ancient site of Elsinge Spital, which itself stood upon the site of the old Cripplegate Nunnery; it was founded in 1623 by the will of one Dr. Thomas White, Vicar of St. Dunstan’s-in-the-West; the place was damaged by the Great Fire, and little of the building was older, I believe, than 1690, or thereabouts. But one stepped out of the noise and hurry of the very heart of London into a courtyard where the air was instantly hushed; on the right hand were the houses of the almsmen and women, though I believe they had of late ceased to occupy them. Above the almshouses was the long narrow library crammed with books, the sight and fragrance of which filled the grateful soul with joy. On the left side of the court was the Hall used for meetings, and open all day to the London clergy for reading the magazines, reviews, and papers. A quiet, holy place. Fuller wrote his ‘Church History’ in this college; the illustrious Psalmanazar wrote here his ‘Universal History’--it was after he repented of his colossal lies, and had begun to live cleanly. Two hundred and fifty years have witnessed a long succession of London clergymen, learned and devout most of them, reading in this library and meeting in this hall. Now it is pulled down, and a huge warehouse occupies its place. The London clergy themselves, for the sake of gain, have sold it. And, as for the garish thing they have stuck up on the Embankment, they may call it what they like, but it is not Sion College. [Illustration: CHARING CROSS IN THE PRESENT DAY]