London in 1731 [11]
Alley, and Exchange Alley.
Cornhill Street may, in many respects, be looked upon as the principal street of the City of London; for here almost all affairs relating to navigation and commerce are transacted; and here all the business relating to the great companies and the Bank are negotiated. This street also is situated near the centre of the City, and some say, upon the highest ground in it. It is spacious, and well built with lofty houses, four or five storeys high, inhabited by linendrapers and other considerable tradesmen, who deal by wholesale as well as retail, and adorned with the principal gate and front of the Royal Exchange. Here also it is said the metropolitan church was situated, when London was an archbishopric.
Exchange Alley, so denominated from its being situated on the south side of this street, over against the Royal Exchange, has long been famous for the great concourse of merchants and commanders of ships, and the bargains and contracts made there and in the two celebrated coffee-houses in it, which go under the respective names of "Jonathan's" and "Garraway's," where land, stocks, debentures, and merchandise, and everything that has an existence in Nature, is bought, sold, and transferred from one to another; and many things contracted for, that subsists only in the imagination of the parties.
The public buildings in this ward are, the Royal Exchange, and the churches of St. Peter and St. Michael.
The Royal Exchange is situated on the north side of Cornhill, about the middle of the street, forming an oblong open square, the inside whereof is a hundred and forty-four feet in length from east to west, and a hundred and seventeen in breadth from north to south; the area sixty-one square poles, on every side whereof is a noble piazza or cloister, consisting of twenty-eight columns and arches that support the galleries above.
The length of the building on the outside is two hundred and three feet, the breadth a hundred and seventy-one, and the height fifty- six. On the front towards Cornhill also is a noble piazza, consisting of ten pillars; and another on the opposite side next Threadneedle Street, of as many; and in the middle of each a magnificent gate. Over the Cornhill gate is a beautiful tower, a hundred and seventy-eight feet high, furnished with twelve small bells for chimes; and underneath the piazzas are capacious cellars, which serve for warehouses.
The whole building is of Portland stone, rustic work; above the arches the inward piazza is an entablament, with fine enrichments; and on the cornice a range of pilasters, within entablature, and a spacious compass pediment in the middle of the corners of each of the four sides. Under the pediment on the north side are the king's arms; on the south those of the City; and on the east the arms of Sir Thomas Gresham. And under the pediment on the west side the arms of the Company of Mercers, with their respective enrichments. The intercolumns of the upper range are twenty-four niches, nineteen of which are filled with the statues of the kings and queens regent of England, standing erect with their robes and regalia, except that of King James II. and King George II., which are habited like the Caesars.
On the south side are seven niches, of which four are filled, viz.:-
1. The most easterly figure, which has this inscription in gold letters, Edvardus Primus Rex, Anno Dom. 1272. 2. Westward, Edvardus III. Rex, Anno Dom. 1329. 3. Henricus V. Rex, Anno Domini 1412. 4. Henricus VI. Rex, Anno Domini 1422.
On the west side five niches, four of which are filled, viz.:-
1. Under the most southerly figures is subscribed in gold letters, Edvardus IV. Rex, Anno Domini 1460. 2. Northward (the crown pendent over his head) Edvardus V. Rex, Anno Domini 1483. 3. Henricus VII. Rex, Anno Domini 1487. 4. Henricus VIII. Rex, Anno Domini 1508.
On the north side seven niches are filled, viz.:-
1. The most westerly, subscribed in golden characters, Edvardus VI. Rex, Anno Domini 1547. 2. Maria Regina, Anno Domini 1553.
Cornhill Street may, in many respects, be looked upon as the principal street of the City of London; for here almost all affairs relating to navigation and commerce are transacted; and here all the business relating to the great companies and the Bank are negotiated. This street also is situated near the centre of the City, and some say, upon the highest ground in it. It is spacious, and well built with lofty houses, four or five storeys high, inhabited by linendrapers and other considerable tradesmen, who deal by wholesale as well as retail, and adorned with the principal gate and front of the Royal Exchange. Here also it is said the metropolitan church was situated, when London was an archbishopric.
Exchange Alley, so denominated from its being situated on the south side of this street, over against the Royal Exchange, has long been famous for the great concourse of merchants and commanders of ships, and the bargains and contracts made there and in the two celebrated coffee-houses in it, which go under the respective names of "Jonathan's" and "Garraway's," where land, stocks, debentures, and merchandise, and everything that has an existence in Nature, is bought, sold, and transferred from one to another; and many things contracted for, that subsists only in the imagination of the parties.
The public buildings in this ward are, the Royal Exchange, and the churches of St. Peter and St. Michael.
The Royal Exchange is situated on the north side of Cornhill, about the middle of the street, forming an oblong open square, the inside whereof is a hundred and forty-four feet in length from east to west, and a hundred and seventeen in breadth from north to south; the area sixty-one square poles, on every side whereof is a noble piazza or cloister, consisting of twenty-eight columns and arches that support the galleries above.
The length of the building on the outside is two hundred and three feet, the breadth a hundred and seventy-one, and the height fifty- six. On the front towards Cornhill also is a noble piazza, consisting of ten pillars; and another on the opposite side next Threadneedle Street, of as many; and in the middle of each a magnificent gate. Over the Cornhill gate is a beautiful tower, a hundred and seventy-eight feet high, furnished with twelve small bells for chimes; and underneath the piazzas are capacious cellars, which serve for warehouses.
The whole building is of Portland stone, rustic work; above the arches the inward piazza is an entablament, with fine enrichments; and on the cornice a range of pilasters, within entablature, and a spacious compass pediment in the middle of the corners of each of the four sides. Under the pediment on the north side are the king's arms; on the south those of the City; and on the east the arms of Sir Thomas Gresham. And under the pediment on the west side the arms of the Company of Mercers, with their respective enrichments. The intercolumns of the upper range are twenty-four niches, nineteen of which are filled with the statues of the kings and queens regent of England, standing erect with their robes and regalia, except that of King James II. and King George II., which are habited like the Caesars.
On the south side are seven niches, of which four are filled, viz.:-
1. The most easterly figure, which has this inscription in gold letters, Edvardus Primus Rex, Anno Dom. 1272. 2. Westward, Edvardus III. Rex, Anno Dom. 1329. 3. Henricus V. Rex, Anno Domini 1412. 4. Henricus VI. Rex, Anno Domini 1422.
On the west side five niches, four of which are filled, viz.:-
1. Under the most southerly figures is subscribed in gold letters, Edvardus IV. Rex, Anno Domini 1460. 2. Northward (the crown pendent over his head) Edvardus V. Rex, Anno Domini 1483. 3. Henricus VII. Rex, Anno Domini 1487. 4. Henricus VIII. Rex, Anno Domini 1508.
On the north side seven niches are filled, viz.:-
1. The most westerly, subscribed in golden characters, Edvardus VI. Rex, Anno Domini 1547. 2. Maria Regina, Anno Domini 1553.