Guilds -- England -- London; London (England) -- Description and travel; London (England) -- History
It may here be mentioned that at a very early period we find members
of the governing body of the Company, both wardens and assistants,
who were not of the craft. Amongst others, the leading bankers,
themselves the descendants in trade of the old goldsmiths, from the
time of the Stuarts to the present time, have been some of the most
conspicuous members of the body. Amongst them we find the names of
Sir Martin Bowes, who was Master of the Mint in the reign of
Elizabeth; Sir Hugh Myddelton, the enterprising founder of the New
River; Sir Francis Child, of Temple Bar; Sir Charles Duncombe, Sir
James Pemberton, Sir Robert Vyner; and in the 19th century, Robert
Williams and Thomas Halifax, Henry Sykes Thornton, William Banbury,
John Charles Salt, Herbert Barnard, William Newmarch, William
Cunliffe Brooks, Robert Ruthven Pym, Arthur B. Twining, Charles
Hoare, and Robert Williams, jun.
It remains to mention the connection of the Company with the coinage
of the realm in what is called the trial of the Pyx, an office which
has been performed by the Company ever since the reign of Edward I.
Its object is to ascertain that the metal of which the gold and
silver money coined by the Mint is composed is standard, and that
the coins themselves are of the prescribed weight.
This duty was performed in ancient times at uncertain intervals, and
usually had for its immediate object the giving an acquittance to
the Mint Master, who was bound to the Crown by indentures to coin
money of the prescribed fineness and weight. But the Coinage Act of
1870 provides for and establishes an annual trial, and since that
date the Pyx has been brought to Goldsmiths’ Hall and tried
annually.
In 1900, for the first time, at the request of H.M.’s Treasury, a
Pyx from each of the Colonial Mints coining Imperial Coinage was
tried.
Formerly a jury of competent freemen, summoned by the wardens, was
charged by the Lord Chancellor, who subsequently received their
verdict.
The jury is sworn by the Crown Remembrancer, who, the trial having
been made and the verdict of the jury reduced to writing, attends at
the Hall and receives them; after which their names are published in
the _Gazette_.
The number of the livery is 150. The Hall is in Foster Lane.
Privileges of membership:
A freeman of the Company has no advantages as such, except that if
he be a deserving man and in need of pecuniary assistance he is
eligible to receive, and would certainly receive, aid from the
Company, either by pension or donation.
When the Guild first had a Hall we know not, but the Hall has stood
on its present site for upwards of 550 years.
Public-domain text, read in full here on John Shaqi.
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