the finding of
the cinders of the notes yesterday, which has, in some measure,
calmed his feelings. The underwriters are severe sufferers, having
left sums of money, to a large amount, in their desks, which, no
doubt, will never be recovered.
"During the confusion on the discovery of the fire, in removing some
books from a room in the north-east corner, in addition to 500 pounds
in Bank of England notes, which were taken to St. Michael's Church,
twenty sovereigns, in a bag, were thrown out of the windows. The bag
broke, and the sovereigns rolled about the pavement; they were all
picked up by the mob, who appropriated them to their own use.
"It is firmly believed that the overheating of the stoves caused the
disaster which the nation has now to deplore. Wednesday was an
exceedingly cold day, and large fires had been kept up from morning
till night in the building. There is no doubt the fire had been
spreading, to some extent, in Lloyd's rooms, long before it was seen
in the street. Some few months back, two watchmen were on the
premises all night, but, on the miserable plea of economy, they were
discharged, and the sacrifice of one of the finest buildings in the
Kingdom has been the consequence. We believe that most of our
cathedrals and large public buildings are left without watchmen
during the night, and we hope that the fate of the Royal Exchange
will bring about a change in this respect."
The merchants, who used to congregate "on 'Change," were accommodated in
the Guildhall, and the members of Lloyd's met at the Jerusalem Coffee
House--but these arrangements were, afterwards, modified. The Royal
Exchange Insurance Coy. took Sir James Esdaile's house, in Lombard
Street.
_Times_, 4 Ap., 1838:--"THE ROYAL EXCHANGE.--Yesterday, the first day's
sale of the materials of the Royal Exchange took place. It produced
nearly 2,000 pounds. The porter's large hand-bell (rung every day at
half-past four p.m. to warn the merchants and others that 'Change ought
to be closed), with the handle consumed, and valued at 10/-, was sold for
3 pounds 3/-; the two carved griffins, holding shields of the City arms,
facing the quadrangle, 35 pounds; the two busts of Queen Elizabeth, on
the east and west sides, 10 pounds 15/-; the copper grasshopper vane,
{27} with the iron upright, was reserved by the Committee; the alto
relievo, in artific
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