London (England) -- Antiquities; London (England) -- History
But interesting as these buildings are, their stories pale before
that of the Royal Exchange. The present building was finished in
1844, and opened by her late Majesty Queen Victoria with a splendid
state and civic function. Its architecture is something after the
style of the Pantheon at Rome. Why the architects of that and earlier
periods always chose Italian models for their structures is one of the
mysteries of human error; but, as we have seen, all these three main
buildings in the heart of the city are copied from Italian structures.
William Tite was the architect, and he achieved no mean success. The
great size of the portico, the vastness of the columns, the frieze and
sculptured tympanum, and striking figures, all combine to make it an
imposing building. Upon the pedestal of the figure of "Commerce" is the
inscription: "The earth is the Lord's, and the fulness thereof." The
interior has been enriched by a series of mural paintings, representing
scenes from the municipal life of London, the work of eminent artists.
This exchange is the third which has stood upon this site. The first
was built by Sir Thomas Gresham, one of the famous family of merchants
to whom London owes many benefits. It was a "goodly Burse," of Flemish
design, having been built by a Flemish architect and Flemish workmen,
and closely resembled the great Burse of Antwerp. The illustration,
taken from an old engraving by Hollar, 1644, shows the building with
its large court, with an arcade, a corridor or "pawn" of stalls above,
and, in the high-pitched roof, chambers with dormer windows. Above
the roofs a high bell-tower is seen, from which, at twelve o'clock at
noon and at six in the evening, a bell sounded forth that proclaimed
the call to 'Change. The merchants are shown walking or sitting on the
benches transacting their business. Each nationality or trade had its
own "walk." Thus there were the "Scotch walk," "Hanbro'," "Irish,"
"East country," "Swedish," "Norway," "American," "Jamaica," "Spanish,"
"Portugal," "French," "Greek," and "Dutch and Jewellers'" walks. When
Queen Elizabeth came to open the Exchange, the tradesmen began to use
the hundred shops in the corridor, and "milliners or haberdashers sold
mouse-traps, bird-cages, shoeing-horns, Jews' trumps, etc.; armourers,
that sold both old and new armour; apothecaries, booksellers,
goldsmiths, and glass-sellers." The Queen declared that this beautiful
building should be no longer called the Burse, but gave it the name
"The Royal Exchange." In the illustration some naughty boys have
trespassed upon the seclusion of the busy merchants, and the beadle is
endeavouring to drive them out of the quadrangle.
Public-domain text, read in full here on John Shaqi.
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