Roger Kyffin's Ward. Kingston William Henry Giles

iam Henry Giles

      Roger Kyffin's Ward

      Chapter One.

      A Panic in the City

      London was in commotion. On a certain afternoon in the early part of the year 1797, vast numbers of persons of all ranks of society, wealthy merchants, sober shopkeepers, eager barristers, country squires, men of pleasure, dandies, and beaus, and many others of even more doubtful position, might have been seen hurrying up through lanes and alleys towards the chief centre of British commerce – the Bank of England, that mighty heart, in and out of which the golden stream flows to and fro along its numberless arteries. Numerous carriages, also, some with coronets on their panels, and powdered footmen behind, rolled up from Cheapside. Among their occupants were ministers of state, foreign ambassadors, earls and barons of the realm, members of parliament, wealthy country gentlemen, and other persons of distinction. While in not a few were widows and spinster ladies, dowager duchesses and maids of honour, and other dames with money in the funds. On the countenances of the larger portion of the moving throng might be traced a word of uncomfortable import – “Panic.”

      It was an eventful period. Seldom during that or the present century have English patriots had greater cause for anxiety. Never, certainly, from the day of the explosion of the South Sea Bubble up to that period, had the mercantile atmosphere been more agitated. The larger portion of the motley crowd turned on one side to the Bank of England, where the ladies, descending from their carriages, pressed eagerly forward amidst the people on foot, one behind the other, to reach the counters. Another portion entered the Royal Exchange, while a considerable number of the carriages proceeded along Cornhill.

      The appearance of the surrounding edifices was, however, different from that of the present day. The old Mansion House was there, and the new Bank of England had been erected, but all else has been altered. The then existing Royal Exchange was greatly inferior to the fine structure at present to be seen between the Mansion House and the Bank. It stood in a confined space, surrounded by tall blocks of buildings, dark and dingy, though not altogether unpicturesque. Whatever were its defects, it served its purpose, and would have been serving it still, probably, had it not been burnt down.

      Numerous excited groups of men now filled the greater part of the interior area; some were bending eagerly forward, either more forcibly to express an opinion, or to hear what was said by the speaker on the opposite side of the circle. Others were whispering into their neighbours’ ears, with hands lifted up, listening attentively to the remarks bestowed upon them, while others were hurrying to and fro gathering the opinion of their acquaintances, and then quickly again putting it forth as their own, or hastening away to act on the information they had received.

      “Terrible news! The country will be ruined to a certainty! The French will be here within a week! Fearful disaster! The fleet has mutinied! The army will follow their example! Ireland is in open rebellion! The bank is drained of specie! Failures in every direction! The funds at fifty-seven!”

      Such were some of the remarks flying about, and which formed the subject matter of the addresses delivered by the various speakers. Many persons then collected were sober-minded citizens, merchants of good repute, trading with the West Indian Sugar Islands, Africa, the Colonies of North America, or the Baltic, East India directors, or others, whose transactions compelled them to assemble, for the negotiation of their bills on ’change.

      A considerable number, however, of those who came into the city from the West End did not stop at the Exchange, but continued their course a short distance farther, along Cornhill, where turning on one side they found themselves in the precincts of Change Alley. An old writer describes that region: “The limits are easily surrounded in a minute and a half. Step out of Jonathan’s into the alley, turn your face due east, move on a few paces to Garraway’s. From thence go out at the other door, and go on still east, into Birchin Lane, and then halting at the Sword-blade bank, and facing the north, you will enter Cornhill, and visit two or three petty provinces there to the west, and thus having boxed your compass, and sailed round the stock-jobbing globe, you turn into Jonathan’s again.”

      In Jonathan’s well-known coffee-house, and in its immediate neighbourhood, was assembled a large number of persons, varying in rank and appearance far more than those who were inside the Exchange. To this point the coroneted carriages had been directing their course. The occupants of some had got out and entered the coffee-house. Others remained with their brokers at the door, eager to gain certain intelligence, which was to raise or depress the market. Here too were to be seen persons in Eastern costume, and others in English dress, both however with the unmistakable features of the Jew. There were courtiers and gentlemen from the fashionable parts of the metropolis, in silk stockings and diamond-buckled shoes, with powdered wigs, frilled shirts, and swords by their sides, or quakers in broad-brimmed hats and garments of sombre hue, such as were worn by our puritan ancestors of the previous century. Here too were portly citizens with gold-headed canes and well-brushed beavers, their countenances anxious, but honest and straightforward, though many other persons were there, some in shabby-genteel costume, others in threadbare and almost ragged coats, and again, many whose sharp eager eyes and pale features showed that they had been long accustomed to the transactions of the place. The two great parties in the State might in most cases have been distinguished by the difference of their costume. The Tories, the supporters of the war, determined foes of the men then in power in France, generally retained the gay and handsome costume of their fathers, while the Whigs and Jacobinical party affected a republican simplicity, and dressed in straight-cut coats and low-crowned hats, which had been introduced in France.

      We shall have to return to Jonathan’s by-and-bye, and will in the meantime go back to the Royal Exchange. Among those who were making their way towards it from the lanes which led up from the banks of the river was a person not unworthy of notice. He was a man past the meridian of life, of tall and commanding figure. The leather-like skin of his colourless face, though free from spot or blemish, was slightly wrinkled, and his somewhat massive features wore a calm and unmoved expression, which might have surprised those who could have defined the feelings agitating his bosom. No wonder that his mind was troubled. Those were anxious times for men engaged even in very limited transactions. Stephen Coppinger’s were extensive and complex. There was scarcely a pie baked in those days in which he had not a finger. He walked at a dignified pace, with a smile on his lips, and his bright eyes calm, though watchful. His dark-coloured suit of fine cloth with brass buttons was carefully brushed, a small quantity of powder only shaken on his hair, which was fastened behind in a long queue, resting on his collar. The folds of his white neck-cloth, and the frill of fine lace which appeared beneath his waistcoat, were scrupulously clean and well arranged. Silk stockings with knee breeches, and shoes with steel buttons, encased his legs and feet. In his hand he carried a thick gold-headed walking-stick, though scarcely requiring it to support his steps, while a plain cocked hat, and a spencer, for the weather was cold, completed his costume. His step was firm, his head erect, as he walked along with a dignified air, bowing to one acquaintance, nodding to another, and returning with condescension the salutations of his inferiors. He observed many other persons proceeding in the same direction, several of whom he knew, the countenances of not a few wearing that expression of anxiety which he took care his own should not exhibit. Several of them did not notice him, as, lost in thought, with their heads cast down, they picked their way over the uneven pavement.

      Stephen Coppinger had scarcely reached his accustomed “walk” in the Exchange, when his acquaintance, Alderman Bycroft, bustled up to him.

      “Well, friend Coppinger, you look as calm as if nothing had happened!” exclaimed the alderman; “have you not heard the news?”

      “Which news?” asked the merchant in a quiet voice, without the slightest change of countenance; “so many reports are flying about that I believe none of them.”

      “You could not have heard the news, or you would not look so abominably unconcerned,” exclaimed the alderman, who was a somewhat fussy excitable gentleman. “Why, the news is positively fearful! A mutiny has broken out on board the channel fleet at Spithead! They have murdered Lord Bridport and most of their officers, and threatened, if they have not everything their own way, to carry the ships over to the French. The enemy’s fleets are mustering in great force, and may be across the Channel, for what we can tell, at this moment. The Irish