London (England) -- Antiquities; London (England) -- History
release the city and the companies from their bonds, until the news of
the advent of the Prince of Orange forced him to make an act of
restitution; the old charters were restored, and the proceedings _quo
warranto_ were hastily quashed. One of the first acts of William and
Mary was to renew the old charters and declare that all the acts of the
Stuart monarchs, with regard to the suppression of these ancient
documents and the granting of new ones, were entirely null and void.
This action endeared the new sovereign to the citizens, and, doubtless,
helped greatly to secure for him the English throne and the loyalty of
his people.
Public confidence being restored, the affairs of the companies began to
improve. Though still hampered by the loss of much wealth, and by the
misfortunes through which they had passed, their members were wealthy,
and gifts and bequests were not lacking. It is true that their
connection with the trades which they were supposed to govern was fast
dying out--indeed, many of their trades had for a long time become
obsolete--but the corporations still cared for their poor members,
managed their estates, promoted in some measure the trades with which
they were associated, and took their part in the government of the
affairs of the city. The value of their city property increased
enormously, and raised them from poverty to affluence. This has enabled
them to institute vast schemes of charity and munificence, which
enormously benefits the whole country, and to maintain, preserve, and
develop those magnificent educational and charitable establishments
which pious benefactors have committed to their care. In my book on _The
City Companies of London and their Good Works_ I have told at some
length their interesting story, and given a full account of their
charities and treasures, and how by wise schemes they have adapted old
bequests to modern needs, and how they maintain the hospitable
traditions of the city of London. But that story relates not to Old
London, and need not be told again.
THE HALLS OF THE COMPANIES
Public-domain text, read in full here on John Shaqi.
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