The Royal Exchange : $b a note on the occasion of the bicentenary of the Royal Exchange Assurance — John Shaqi
The Royal Exchange : $b a note on the occasion of the bicentenary of the Royal Exchange AssuranceMason, A. E. W. (Alfred Edward Woodley)
History
The Royal Exchange : $b a note on the occasion of the bicentenary of the Royal Exchange Assurance
Mason, A. E. W. (Alfred Edward Woodley)
Royal Exchange (London, England) -- History; Royal Exchange Assurance (Firm) -- History
Sixteen days after the Fire of London had first broken out in
Pudding Lane, a committee was formed to rebuild the Royal Exchange.
The business of the Exchange, even to the shops of the Pawn, was
transferred to Gresham College. The shopkeepers offered to pave the
quadrangle of the new building in exchange for their accommodation in
Gresham College: and with the hope--a vain hope as it proved to be--of
preventing destruction by another fire, the City Surveyors determined
to draw a street on the west and on the east of the new building. The
credit for this second building, which was erected from materials as
far as possible resembling those which had been used in the original
building, has been improperly given to Sir Christopher Wren, but the
records of the Building Committee make it clear that Mr. Jarman, the
second City Surveyor, was the architect who designed the plan. It
is to be noticed that once more the front of the Royal Exchange was
upon Cornhill, with a fine portico, which earned the special favour
of Charles the Second, no doubt because in a nitch upon one side was
a statue of Charles the First, and in a nitch upon the other, one of
his royal self. It is possible that his approbation would have been
less hearty if he could have foreseen that after the next fire that
same statue of him would be put up to auction and sold for £9. Almost
within a year of the burning there was once more a royal procession,
when Charles the Second rode on horseback with several persons of
quality. He placed the first stone with the usual ceremonies in the
presence of a great many people, and then in a special shed upon the
new Scottish Walk, roofed with a canopy and hung with tapestry, he was
entertained to dinner by the City and the Mercers’ Company. Pepys saw
the King pass with his kettle drums and his trumpets on the way to
the Exchange, and in his busy way hurried after him, but the poor
man found the gates shut when he arrived at the building, and could
only get in to see it after the stone had been laid and the King had
departed. A month later, the Duke of York laid the foundation stone
of the pillar on the east side of the north entrance, and a fortnight
afterwards Prince Rupert performed the same ceremony on the east side
of the south entrance. There was some delay in the building, and for
reasons which strike home to-day. Bricks were dear; the only suitable
bricks were to be got from Walham Green, and the supply was below the
demand. The work however, except for the statues and no doubt other
ornamentations, was completed within three years, and was opened
without any great ceremony by Sir William Turner, the Lord Mayor
of the day, who “came and walked twice about it and congratulated
the merchants of the ’Change on its account.” Charles the Second
was expected, but he did not come: and we picture to ourselves the
disappointment of the assemblage--disappointment mingled probably with
a good deal of outspoken criticism, and not a few sarcasms as to
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.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account