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capable of the same priviledges; or (if they please) shall, at any quarter's end, deduct the remaining part of their monies out of the stock.

“ We require not a present advance of any monies, but only a subscription of the name, and place of abode, of every one that designs to learn ; and, so soon as the Subscription Books are full, publick notice shall be given, for every

intended Schollar, their Parents, or Guardians, to meet at one of our Academies, and choose among themselves Five Persons as Trustees, and Representatives of all the rest, into whose hands the subscription money shall be paid ; they giving us security, that it shall be immediately put forth into the Royal Bank, or some where else, where it may lye ready for the necessary uses and ends designed and mentioned in our Proposals.

“ And for fear the said Subscription-money should fall short (by misconception, or some unforeseen accident), the Undertakers will also, at the same time, give the said Trustees the farther security of £ 3000, for a just and full performance of the undertaking.

“ The office of these Trustees will be to assist the Undertakers in a Committee (to be called every month), where they shall have equal power with the Undertakers themselves, to hear all complaints, regulate all disorders, and make such good Laws and Constitutions as may be for the interest

and

and reputation both of the Schollars and the Design. The care and attendance of these Trustees will be considered out of the publick stock.

“ Every rational person may easily compute, that 'tis not any present considerable interest that now engages us in this affair, the rates of teaching being here reduced to less than one half what is commonly paid to the meanest masters, reckoning one Science with another; but because his Majesty has been graciously pleased to promise, that, so soon as it shall please God to bless us with a peace, he will very considerably encourage the design; and, in the mean time, has given us £.1000, towards the building of a very large and noble Academy, in some convenient place near the town; we, therefore, intend to begin to build, as soon as these Subscriptions are compleated ; and will only, at present, take two Academies (one near the Royal Exchange; the other, in or near Covent Garden), for the present ease and convenience of the town; which two Academies shall be converted into that one, which we design to build.

“ In this great Academy we are going to build, and upon which will be settled a handsome fund to maintain it for ever, will be taught Riding, and all other Arts and Sciences now known in Europe, and by the best Masters which can possibly be be procured (allowing 'em very advantagious

sallaries),

sallaries), that every Art may meet with its duo encouragement and improvement.

“ But of this New Foundation we shall have occasion to speak more at large in a very little time; for the number of our Subscribers being so few, and the Terms of Teaching so very advantagious, we doubt not but the Subscriptions will soon be full.

“ The Subscription Books are now open : one of 'em at our Office on the West end of the Royal Exchange, just under the Oughtroper's office; the other, at the Musick-room in Charlesstreet, in Covent-garden ; where attendance will be given every Munday, Wednesday, and Friday, at the Exchange; and every Tuesday, Thursday, and Saturday, at Covent-garden; from one till five o'clock.

“ Also most of the Masters engaged in our former Proposals have each his Book for Subscriptions, to the same end."

In the following year, the bishop of Rochester received several letters, threatening his life, if he did not deposit money, in a place mentioned, between Kent-street and Bromley. The lords justices, who had the administration of affairs during the king's absence from England, offered the usual reward for the apprehension of the party offending, but with what success I am not acquainted; nor whether this horrid method of

robbing

robbing was extended beyond the present in

stance.

The stock-jobbers adopted a plan in 1695, almost as iniquitous as incendiary letters—which was, their appearing at the Exchange with the offer of any number of guineas, not exceeding 1000, at the price of 27 s. each. This immediately operated, and “ did not a little damp and lower the current price;" which is mentioned by Salusbury, in his Flying Post, my authority on this occasion ; “ but a merchant (he continues) taking one of those stock-jobbers at his price, and demanding where they were deposited, he could produce no more than two single guineas in his pocket; which was looked upon as a plain indication of their sinister design: upon which, he was cudgelled from among the merchants, and left to be buffeted by the mob. Yet this did not deter others from practising the like; for another of the gang did proffer guineas a shilling cheaper, but was soon beaten off the Exchange, and a swist pursuit made after him by the mob; who drew him out of the sanctuary of a neighbouring tavern, and haled him to the lord mayor's ; but his lordship not being at home, they threatened to do justice on him themselves, by cooling his violent humour of avarice with a watery element of a neighbouring pump. Upon the discovery of this fallacy of the stock-jobbers, guineas began to advance to their customary price.”

It would be well worthy the considertion of the moral part of the community, whether resolutions, similar to the following, might not be of infinite advantage at present. I am, however, certain every friend of purity of manners must applaud the commissioners for building St. Paul's, and sir Christopher Wren, for affixing these words to different parts of the structure:

“ Whereas, among labourers, &c. that ungodly custom of swearing is too frequently heard, to the dishonour of God, and contempt of authority; and to the end, therefore, that such impiety may be utterly banished from these works, intended for the service of God, and the honour of religion. It is ordered, That customary swearing shall be a sufficient crime to dismiss any labourer that comes to the call; and the clerk of the works, upon sufficient proof, shall dismiss them accordingly. And if any master, working by task, shall not, upon admonition, reform this profanation among his apprentices, servants, and labourers, it shall be construed his fault; and he shall be liable to be censured by the commissioners, Dated the 25th of September, 1695."

The various shades of depravity observable in the above particulars seem to be eclipsed by the operations of a young woman (aged 26, when apprehended), who cleclared she had, in eleven years, purloined goods to the amount of nearly .10,000, . She was well known, and called the

Queen

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