The History of England, from the Accession of James II — Volume 4Macaulay, Thomas Babington Macaulay, Baron
History
The History of England, from the Accession of James II — Volume 4
Macaulay, Thomas Babington Macaulay, Baron
Great Britain -- History -- James II, 1685-1688; Great Britain -- History -- William and Mary, 1689-1702
Though nothing yet indicated the high political destiny of the East
India Company, that body had a great sway in the City of London. The
offices, which stood on a very small part of the ground which the
present offices cover, had escaped the ravages of the fire. The India
House of those days was a building of timber and plaster, rich with
the quaint carving and lattice-work of the Elizabethan age. Above the
windows was a painting which represented a fleet of merchantmen tossing
on the waves. The whole edifice was surmounted by a colossal wooden
seaman, who, from between two dolphins, looked down on the crowds of
Leadenhall Street. [156] In this abode, narrow and humble indeed when
compared with the vast labyrinth of passages and chambers which now
bears the same name, the Company enjoyed, during the greater part of the
reign of Charles the Second, a prosperity to which the history of trade
scarcely furnishes any parallel, and which excited the wonder, the
cupidity and the envious animosity of the whole capital. Wealth and
luxury were then rapidly increasing. The taste for the spices, the
tissues and the jewels of the East became stronger day by day. Tea,
which, at the time when Monk brought the army of Scotland to London, had
been handed round to be stared at and just touched with the lips, as a
great rarity from China, was, eight years later, a regular article of
import, and was soon consumed in such quantities that financiers began
to consider it as a fit subject for taxation. The progress which was
making in the art of war had created an unprecedented demand for the
ingredients of which gunpowder is compounded. It was calculated that all
Europe would hardly produce in a year saltpetre enough for the siege
of one town fortified on the principles of Vauban. [157] But for the
supplies from India, it was said, the English government would be unable
to equip a fleet without digging up the cellars of London in order
to collect the nitrous particles from the walls. [158] Before the
Restoration scarcely one ship from the Thames had ever visited the Delta
of the Ganges. But, during the twenty-three years which followed the
Restoration, the value of the annual imports from that rich and populous
district increased from eight thousand pounds to three hundred thousand.
Public-domain text, read in full here on John Shaqi.
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