plying to the City
for an advance in case of need, the king thenceforth drew what he required
from the Bank of England. During the remainder of his reign William only
applied twice to the City for a loan: once, towards the close of 1696,
when he required money for the army and navy, and again in 1697, when it
was necessary to pay off his continental allies and lay up the navy after
the peace of Ryswick (10 Sept.).(1808) The City, in its corporate
capacity, was no longer to be the purse of the nation.

(M907)

In December of this year (1694)--soon after his return from an unsuccessful
campaign--William suffered an irreparable loss by the death of the queen.
The old adage touching an ill wind received a curious exemplification at
Queen Mary's death, for although that event sent down the stock of the
Bank of England three per cent., it benefited the East India Company by
causing a rapid rise in the price of muslin, a commodity of which we are
told that company happened to possess a large quantity.(1809) The Court of
Aldermen put themselves into mourning,(1810) whilst the Common Council
voted an address of condolence to the king and ordered statues
("effigies") of both king and queen to be erected at the Royal
Exchange.(1811) The king followed the advice given to him by the city
fathers not to suffer too much "resentment" over his recent loss, and
diverted himself by practising shooting on horseback in Richmond Park
whilst his dead wife was still above ground.(1812)

(M908)

The funeral did not take place until the 6th March (1695). In anticipation
of that event the Court of Aldermen had some time since (18 Jan.)
appointed a committee to consider of the right and title of the lord
mayor, aldermen and sheriffs of the city to their mourning and their
places in the funeral procession, as also of the mourning due to the
several officers of the city. Four days later (22 Jan.) the committee
reported(1813) to the effect that they had found from the records of the
city that it had been the custom for the lord mayor, aldermen, recorder,
sheriffs and the principal and other officers of the city to have mourning
allowed them by the Crown at the public interments of kings and queens,
but as to the places and precedency of the lord mayor and aldermen on
those occasions the committee had only found one instance of a funeral
procession, and that was at the funeral of Henry VII, when it appeared
that the aldermen walked "next after the