Some Observations Upon the Civilization of the Western Barbarians, Particularly of the English: made during the residence of some years in those parts.Swazey, John B.
Philosophy
Some Observations Upon the Civilization of the Western Barbarians, Particularly of the English: made during the residence of some years in those parts.
Swazey, John B.
England -- Social life and customs
The betting may be about anything. But the chief Houses are those
where the bets have reference to length of life or injuries, to loss by
fire, to loss by sea, and losses by fraud. If a man wish to bet that
he will live say seventy moons, he pays down at once a small sum, and
the House accepts the bet--that is, gives him a _writing, promising_
to pay his heirs a very much larger sum if he die before the seventy
moons expire. If a man have goods in a _shop_, he bets, say, one pound
to 100 pounds, that they will not be burned during twelve moons--he
pays down the pound and receives a writing (as before) that if the
goods be burned during the time, he shall be paid the 100 pounds. So
on, as to bets upon goods and upon vessels on the seas, upon buildings
of all kinds, upon duration of life, and upon the life of another,
upon accidents to body, upon honesty of servants--upon almost anything
where the thing bet by the Houses is remote in time. This is the great
point; for these never pay anything down by way of _stakes_, but always
receive in money the _stake_ (bet) of the other party.
One may readily see how corrupting all this is in its nature, and how
falsely conceived. The rascally trader burns the goods, the possessor
of a building burns that, the owner of a ship has her wrecked, to
get the sums promised upon these events; and trade is promoted upon
unsound practices. Even life has been taken by a wretched gambler,
who has staked money upon the life of another. The _tendency_ is to
these crimes. Nor can there be anything but _loss to the public at
large_; for these expensive Houses and their numerous and richly-living
inhabitants are supported by the winnings made, without rendering any
useful service. This must be true, even when all bets made by these
Houses are _paid_. But another great mischief follows: they do not
pay, and are often only _Swindles_ [Kea-ties] on a great scale! There
are those which pay--that is, have so far paid--but as there are bets
for enormous amounts far in _the future_, no one can say that final
payments are certain. The great object of all the Houses is to secure
as large sums in cash as possible upon events a long way off. The
more remote the event upon which the bet is laid, the larger the sum
demanded from the individual who bets. _He_ pays--the House merely
promises to pay, and cannot be called upon to pay for a very long time!
In this way, great sums of money having been got (some bets having
been promptly paid to obtain confidence), the House shuts its doors!
The rogues share the plunder and _decamp_. Decamp is to run away to
distant parts to escape arrest and punishment. This is, however, rarely
necessary; for such are the cunning contrivances of the Lawyers, who
organise these Betting Houses, that very little risk is run--_forms_
of law, slack enough at best, have been so well adhered to, that the
rascals escape, though everybody knows that they have used those forms
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account