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Cornhil Ward. Royal Exchange. | 137 |
Cornhil Ward. Royal Exchange.
"
justly and truly, according to the Trust and Confidence in them reposed. Which
if they
should break, there are Courts of Equity that can take order for remedy thereof.
But
forasmuch as the said Lady Gresham is to have the same during her Life, and the
Employments are not to be made till after her Death: Therefore this Complaint is
now
made, before any Injury be offered. And as it is now causeless; so the said
Lord Maior
and Aldermen do assuredly persuade themselves, there shall not at any time be
any
Cause given, of their Parts, to complain against them.. Wherefore their most
humble
suite is, that the said Exchange may be by them enjoyed, according the said
Will; and
Act of Parliament."
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This Lady Gresham dyed Anno 1596. as Sir Thomas did Anno 1579.
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The Rents of this Royal Exchange; which the Lady Gresham enjoyed during her
Life;
with all Houses, Buildings, Vaults and Profits thereof, amounted to the yearly
value of
751l. 5s. per annum, over all Charges and Reprizes.
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Rents of the Exchange.
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This Royal Exchange was burnt down in the great Fire; but is risen again in much
greater Splendor than it was before; and the lively Effigies of Sir Thomas
Gresham
under one of the Piazzas is restored as it stood at first.
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The Exchange burnt down.
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This most magnificent Structure cost the City and Company of Mercers between
them
80000l. as I have been told by a judicious Citizen that knew, and a Mercer. The
Model
was first shewn to King Charles II. who liked it well. But it was debated,
whether they
should build after this Model, for fear of launching too deep in the Expences.
Several
therefore were against it, but the Majority prevailed, having their Eye upon the
Honour
of the City, and supposing the Rents of the Shops above Stairs and below, would
in
time re-emburse them; which it appears now (too late) it will not: And so they
are left in
Debt for it.
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The Charge of building the Exchange.
Mr. Thomas Blackmore.
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There be Committees for this Exchange, and that other publick Building of Sir
Thomas
Gresham, called Gresham College: Who manage the Rents and Payments thereof.
These Committees consist of the Lord Maior for the time being, and two Aldermen;
and
a certain number of the Company of Mercers, and the like of Citizens, commonly
one
of each of the eleven Companies.]
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In the outward Structure of this Exchange are many Niches; wherein are fixed
well
wrought Statues of the Kings and Queens of this Land, as there were in the old
Exchange, consumed by the great Fire. And as King Edward the Confessor then was
the first Statue placed in the North East Corner, so now the first is Edward I.
placed on
the South East Corner: that so room might be left in the East side for the
succeeding
Kings of England, where some Niches are void for that purpose. Besides which
are
three or four others empty, being the places of Edward II. Richard II. Henry IV.
and
Richard III. These fine Stone Figures were given by the City, and some of the
twelve
Companies of London: Whereof that of King James I. was at the Charge of the
Clothworkers. But it seems none of them had any mind to shew their Respects to
those
said Kings; two whereof took away the Cities Charter, and the two others were
Usurpers. There be Inscriptions under the Statues, denoting what Kings and
Queens
they were, and the time of their access to the Crown. I shall only mention the
Inscription under K.Charles I. being Historical. Who after he had lost his
Head, the
Zealots of those Times shewed their Rage and Ma-
lice by climbing up where his Effigies stood, and throwing it down and breaking
it, and
causing to be writ under the Place where he stood, Exit Tyrannorum ultimus,
&c. Now
under the present Figure of him, (set up by the Grocers) to vindicate his
Memory,
(where he is represented holding his Sceptre not upright, but stretched downward
towards the People,) is this Inscription.
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The Statues of the Kings.
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xxx Serenissimi ac Religiosissimi Principis
CAROLI
I. Angliæ, Scotiæ, Franciæ & Hib. Regis, Fidei Defensoris
(bis
Martyris, Corpore & Effigie) impiis Rebellium manibus ex hoc loco deturbata
&
confracta, Anno Domini MDCXLVIII. Restituta & hic demum collocata Anno
Domini
MDCLXXXIII.
Gloria Martyrii, qui te fregêre Rebelles,
Non potuere ipsum, quem voluere, DEUM.
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To which I will subjoyn the Inscription under the Statues of King William and
Queen
Mary, those two most excellent Princes.
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S. P. Q. Londinen. Opt. Principibus P.C. MDCXCV.
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By which it appears they were set up by the City, of which they had deserved so
passing well: Having restored to it its Charter and ancient Privileges.
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The Statue of Queen Anne is the next that appears there.
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And now lately that of King GEORGE her Successor, is erected.
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Sept. 28. 1669. was the day the Exchange new built was opened for the Merchants
again to meet in; where, was expected the King, but he did not come. But the
Lord
Maior, Sir Will. Turner came, and walked twice about it, and congratulated the
Merchants their Change again. There was written upon it this Inscription:
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The Exchange opened.
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Hoc GRESHAMII Peristyllium,
Gentium Commerciis Sacrum,
Flammis extinctum 1666.
Augustius è cinere resurrexit 1669.
Willo Turnero Milite Prætore.
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In the middle of the Exchange Walk, on a Pedestal stands a fair Stone Statue,
representing King CHARLES II. in the Habit of a Roman Emperor, with a Laurel
about
his Head, and a Truncheon in his Hand: It was set up by the Merchants in Honour
of
that King, Anno 1684. Under him on the same Pedestal on the South side facing
Cornhil, is this Inscription:
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Statue of K. Charles II.
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CAROLO CæSARI BRITANNICO,
Patriæ Parti, Regum Optimo, Clementissimo, Augistissimo. Generis Humani
Deliciis, Utriusq; Fortunæ Victori, Pacis Europæ Arbitro, Maris
Domino &
Vindici.
Societas Mercatorum Adventuror, Angliæ (quæ per CCCC jam
propè annos, regia benignitate floret) Fidei intemeratæ,
Gratitudinis
æternæ Testimonium, venerabunda posuit.
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On the top of this Insciption a Crown adorned with Palm Branches, Scepter, Sword
and Trumpets of Fame. On the West side of the Pedestal a Boy winged, laying his
right Hand upon the Crown set over the Arms of England, and holding in its left
a
Branch with two Roses, vix. of York and Lancaster. On the North side the like
Boy
with Wings, holding the Crown resting upon the Irish Harp. On the East side the
winged Boy, holding the Armes of Scotland crowned: Having a Thistle with the
Stalk
in his right Hand.]
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