The Gaming Table: Its Votaries and Victims. Volume 1 (of 2)Steinmetz, Andrew
History
The Gaming Table: Its Votaries and Victims. Volume 1 (of 2)
Steinmetz, Andrew
Gambling
The capital prizes were so large that they excited the eagerness of
hope; but the sum secured by the government was small when compared with
the infinite mischief it occasioned. On opening the budget of 1788, the
minister observed in the House of Commons, 'that the bargain he had
this year for the lottery was so very good for the public, that it would
produce a gain of L270,000, from which he would deduct L12,000 for the
expenses of drawing, &c., and then there would remain a net produce of
L258,000.' This result, therefore, was deemed extraordinary; but what
was that to the extraordinary mischief done to the community by the
authorization of excessive gambling!
Some curious facts are on record relating to the lotteries.
Until the year 1800 the drawing of the lottery (which usually consisted
of 60,000 tickets for England alone) occupied forty-two days in
succession; it was, therefore, about forty-two to one against any
particular number being drawn the first day; if it remained in the
wheel, it was forty-one to one against its being drawn on the second,
&;c.; the adventurer, therefore, who could for eight-pence insure the
return of a guinea, if a given number came up the first day, would
naturally be led, if he failed, to a small increase of the deposit
according to the decrease of the chance against him, until his number
was drawn, or the person who took the insurance money would take it no
longer.
In the inquiry respecting the mendicity of London, in 1815, Mr Wakefield
declared his opinion that the lottery was a cause of mendicity; and
related an instance--the case of an industrious man who applied to the
Committee of Spitalfields Soup Society for relief; and when, on
being asked his profession, said he was a '_Translator_'--which, when
_TRANSLATED_, signifies, it seems, the art of converting old boots and
shoes into wearable ones; 'but the lottery is about to draw, and,' says
he, 'I have no sale for boots or shoes during the time that the lottery
draws'--the money of his customers being spent in the purchase of
tickets, or the payment of 'insurances.' The 'translator' may have been
mistaken as to the cause of his trade falling off; but there can be no
doubt that the system of the lottery-drawing was a very infatuating mode
of gambling, as the passion was kept alive from day to day; and though,
perhaps, it did not create mendicity, yet it mainly contributed, with
the gin-shops, night-cellars, obscure gambling houses, and places of
amusement, to fill the _PAWNBROKERS_' shops, and diminish the profits of
the worthy 'translator of old shoes.'(150)
(150) This term is still in use. I recently asked one of the craft if he
called himself a translator. 'Yes, sir, not of languages, but old boots
and shoes,' was the reply.
This reasoning, however, is very uncertain.
Public-domain text, read in full here on John Shaqi.
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