in the metropolis alone, within one twelvemonth's time. But then came
the question, _upon what_ were these grand combined forces to operate?
Undertakings of commensurate magnitude must be projected--and so it was.
It really mattered not a straw how wild and ludicrously impracticable
was a project--it had but to be started, and announced, to call forth
moneyed people among all classes, all _making haste to be rich_--and
ready to back the speculation, even to the last penny they had in the
world; pouring out their capital with a recklessness, of which the
lamentable _results_ may prevent their recurrence. Any voluble visionary
who was unluckily able to reach the ear of one or two persons in the
city, could expand his crotchet into a "company" with as little effort
as an idiot could blow out a soap-bubble. For instance: one wiseacre
(who surely ought never to have been at large) conceived a plan for
creating ARTIFICIAL RAIN at an hour's notice, over any extent of country
short of a circle of three miles in diameter; a second, for conveying
MILK to every house in the metropolis in the same way as water is at
present conveyed--viz. by pipes, supplied by an immense reservoir of
milk to be established at Islington, and into which a million of cows
were to be milked night and morning; a third, for converting _saw-dust
into solid wood_; and a fourth, for surrounding the metropolis with a
wall twenty feet in thickness, and fifty in height. Within three days of
each of these hopeful speculations being announced, there were as many
completely organized joint-stock companies established to carry them
into effect. Superb offices were engaged in the city; Patrons,
Presidents, Vice-Presidents; Trustees, Chairmen, Directors; Secretaries,
Actuaries, Architects, Auditors; Bankers, Standing Counsel, Engineers,
Surveyors, and Solicitors, appointed: and the names of all these
functionaries forthwith blazed in dazzling array at the head of a
"Prospectus," which set forth the advantages of the undertaking with
such seductive eloquence as no man could resist; and within a week's
time there was not a share to be had in the market. Into affairs of this
description, Mr. Gammon, who soon saw the profit to be made out of them,
if skilfully worked, plunged with the energy and excitement of a
gamester. He drew in Mr. Quirk after him; and, as they could together
command the ears of several enterprising capitalists in the city, they
soon had their hands full of business, and launched two or three very
brilliant speculations. Mr. Gammon himself drew up their
"_Prospectuses_," and in a style which must have tempted the very devil
himself (had he seen them) into venturing half his capital in the
undertaking!--One was a scheme for providing the metropolis with a
constant supply of salt water by means of a canal cut from the vicinity
of the Nore, and carried nearly all round London, so as to afford the
citizens throughout the year the luxury of sea-bathing. Another was of a
Public-domain text, read in full here on John Shaqi.
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