On September 28th, 1725, a petition was presented to the mayor and corporation, signed by the principal traders in Norwich, requesting the use of the New Hall in St. Andrew’s for an Exchange, which was immediately granted. On October 4th of the same year, the court, attended by nearly 200 gentlemen and principal tradesmen, came to the New Hall in St. Andrew’s, which was then opened and solemnly proclaimed to be an exchange, on which occasion the Recorder (Stephen Gardiner, Esq.) delivered the following address:—
“Gentlemen,—This place is now opened with an intent to promote traffic and commerce. Here, formerly, God was worshipped, though in a corrupt manner; and may the consideration of the sacred use this building has been put to so far influence all that shall resort hither, that nothing in the course of business may be here transacted but with great justice and honesty. I wish success to this undertaking, and the prosperity of the city in every respect.”
The hall continued open as an exchange only one year, and it was open every day in the week except Saturdays and Sundays, which proves that a considerable mercantile trade must have been carried on in the city at that time. Soon afterwards was begun the impolitic system of local taxation in trade, which has almost ruined Lynn and Yarmouth, and which greatly retarded the prosperity of Norwich. In 1725 the corporation obtained an act, which came into operation on May 1st, 1726, for levying tolls upon all goods or merchandise brought up the river higher than Thorpe Hall. The dues were to be applied towards rebuilding the walls and bridges, &c., but this was done to a very small extent.
On February 24th, 1726, in consequence of the proceedings of the Pretender, Charles Stuart, who endeavoured to secure the crown of England, a loyal address of the corporation was presented to King George I. by the city members. That monarch died at the palace of the Bishop of Osnaburgh, on his way to Hanover, on June 11th, 1727.
George II. and his Queen Caroline were crowned on October 11th, 1727, and there was a grand illumination and bonfire here in honour of the event.
In 1729 an act was passed for the better regulating the city elections, and for preserving the peace, good order, and government of the city; and at an assembly on the Guild eve, the mayor and aldermen of Norwich first sat in the council chamber, and the common council in their own room; for by that act a majority of each body was required to a corporate order, whilst, before it passed, the two bodies sat, debated, and voted together. In 1730, under this act, three nominees for each of the four great wards were first elected, who returned the remaining number of common councilmen, sixty in the whole.
In 1730, the Norwich Mercury was first issued by William Chase. It was afterwards published for many years by the late Mr. Richard Mackenzie Bacon and Mr. Kinnebrook. Mr. R. M. Bacon was the editor, and one of the most talented men who ever appeared in this city as a political writer and critic. He was the author of “The Elements of Vocal Science,” and other works.
At the quarterly assembly held in 1730, on St. Matthias’ day, 161 freemen were admitted and sworn, and afterwards it was reported by the committee, appointed for that purpose, that they had treated with St. George’s Company, who had agreed to resign their books, charters, and records, into the hands of the corporation, which was done accordingly, and the power of the company ceased. In consequence of this, the form of a procession was arranged for the Guild day instead of that formerly exhibited, by the St. George’s Company. It was further ordered that, for the future, every mayor shall be excused making a Guild breakfast, or holding any mayor’s feasts in May or August, as heretofore, and that, in lieu thereof, the new mayor shall make a feast, on the day on which he is sworn, at the New Hall, and there entertain the recorder, steward, sheriffs, justices, aldermen, and their ladles, and the common councilmen; and every mayor who makes such a feast shall be entitled to the sum of £100, to be paid by the chamberlain immediately after the said feast.
In 1732, Sherers’ Cross, commonly called Charing Cross, a neat ancient stone pillar, was taken down. The cross was so called from the sheermen or cloth cutters, who principally dwelt in this part of the city. The corner house, in the reign of Edward II., belonged to Christopher Shere-hill, or at Sherers’ hill. In the same year the old Market Cross was demolished, being sadly out of repair.
In 1733, July 11th, the Rt. Hon. Sir Robert Walpole, of Houghton in Norfolk, was, in person, sworn a freeman of the corporation, and presented by the mayor with a copy of his freedom in a gold box.