The conversation was here interrupted by the arrival of a Gentleman, who, taking Mr. M. on one side, Tom and Bob wished him a good morning. They proceeded to view the various offices which branch out from the Rotunda, and which are appropriated to the management of each particular stock, in each of which Bob could not help admiring the happy disposition of every department to facilitate business. The arrangement of the books, and the clerks, under the several letters of the alphabet, he conceived was truly excellent.
“The Corporation of the Bank,” said Dashall, “are prohibited from trading in any sort of goods or merchandize whatsoever; but are to confine the use of their capital to discounting Bills of Exchange, and to the buying and selling of gold and silver bullion; with a permission however to sell such goods as are mortgaged or pawned to them and not redeemed within three months after the expiration of the time for their redemption. Their profits arise from their traffic in bullion; the discounting of Bills of Exchange for Bankers, Merchants, Factors, and Speculators; and the remuneration they receive from Government, for managing the public funds, and for receiving the subscriptions on loans and lotteries. But we may ramble about in these places for a month, and still have novelty in store; and there is a little world underneath the greater part of this extensive building devoted to printing-offices, ware-rooms, &c.”
They had now reached the door which leads into Bartholomew Lane, and, upon descending the steps, and turning to the left, Bob's eyes soon discovered the Auction Mart, “What have we here?” inquired he.
“That,” replied his Cousin, “is a building which may deservedly be rank'd as one of the ornaments of the City; and its arrangements and economy, as well as the beauty of its interior, are well deserving the notice of every stranger. This fine establishment, which serves as a focus for the sale of estates and other property by public auction, is both useful and ornamental; it was built about the time when the spirit of combination was so strong in London. You must know, some years back, every kind of business and trade appeared likely to be carried on by Joint Stock Companies, and the profits divided upon small shares. Many Fire-offices have to date their origin from this source—the Hope, the Eagle, the Atlas, and others. The Golden Lane Brewery was opened upon this principle; some Water Companies were established; till neighbourhood and partnership almost became synonimous; and, I believe, among many other institutions of that kind, the Building before us is one. It contains many handsome rooms and commodious offices; but, as for offices, every street and every alley abounds with them, and, now-a-days, if you want to hire a Cook or a Scullion, you have nothing to do but to send a letter to a Register-office, and you are suited in a twinkling. It was an excellent idea, and I remember the old Buck who used to call himself the founder of establishments of that nature, or rather the first introducer of them to the notice of Englishmen, poor old Courtois.”
John Courtois is said to have been a native of Picardy, where he was born about the year 1737 or 1738. He repaired to this country while yet young, in the character of valet de chambre to a gentleman who had picked him up in his travels; and, as he came from one of the poorest of the French provinces, he “took root,” and throve wonderfully on his transplantation to a richer soil.
On the death of his master, he removed to the neighbourhood of the Strand; and St. Martin's Street,. Leicester Square, became the scene of his industry and success. At a time when wigs were worn by boys, and a Frenchman was supposed the only person capable of making one fit “for the grande monarque,” he commenced business as a perruquier, and soon acquired both wealth and celebrity. To this he joined another employment, which proved equally lucrative and appropriate, as it subjected both masters and servants to his influence. This was the keeping of a register-office, one of the first known in the Metropolis, whence he drew incalculable advantages. He is also said to have been a dealer in hair, which he imported largely from the continent. And yet,, after all, it is difficult to conceive how he could have realized a fortune exceeding 200,000L.! But what may not be achieved by a man who despised no gains, however small, and in his own expressive language, considered farthings as “the seeds of guineas!”
The following appears to be a true description of this very extraordinary man, whom we ourselves have seen more than once:—“Old Courtois was well known for more than half a century in the purlieus of St. Martin's and the Haymarket. His appearance was meagre and squalid, and his clothes, such as they were, were pertinaciously got up in exactly the same cut and fashion, and the colour always either fawn or marone. For the last thirty years, the venerable chapeau was uniformly of the same cock. The principal feat, however, in which this fervent votary of Plutus appeared before the public, was his nearly fatal affair with Mary Benson, otherwise Mrs. Maria Theresa Phepoe. In April 1795, this ill-fated-woman projected a rather bungling scheme, in order to frighten her old acquaintance and visitor, Courtois, out of a considerable sum of money. One evening, when she was certain of his calling, she had her apartment prepared for his reception in a species of funereal style—a bier, a black velvet pall, black wax candles lighted, &c. No sooner had the friend entered the room, than the lady, assisted by her maid, pounced on him, forced him into an arm chair, in which he was forcibly held down by the woman, while the hostess, brandishing a case-knife or razor, swore with some violent imprecations, that instant should be his last, if he did not give her an order on his “banker for a large sum of money. The venerable visitor, alarmed at the gloomy preparations and dire threats of the desperate female, asked for pen, ink, and paper; which being immediately produced, he wrote a check on his banker for two thousand pounds. He immediately retired with precipitation, happy to escape without personal injury. The next morning, before its opening, he attended at the Banker's, with some Police-officers; and on Mrs. Phepoe's making her appearance with the check, she was arrested, and subsequently tried at the Old Bailey, on a capital charge, grounded on the above proceedings. However, through the able defence made by her counsel (the late Mr. Fielding) who took a legal objection to the case as proved, and contended that she never had or obtained any property of Mr. Courtois, on the principle that possession constituted the first badge of ownership, she was only sentenced to twelve months' imprisonment.”
“Some years since, the late Lord Gage met Courtois, at the court-room of the East India House, on an election business. “Ah, Courtois!” said his Lordship, “what brings you here?”—'To give my votes, my Lord,' was the answer.—“What! are you a proprietor?—'Most certainly.'—“And of more votes than one?”—'Yes, my Lord, I have four!'—“Aye, indeed! why then, before you take the book, pray be kind enough to pin up my curls!” With which modest request the proprietor of four votes, equal to ten thousand pounds, immediately complied!
“M. Courtois married a few years since, and has left several children. On reflecting that his widow's thirds would amount to an immense sum, with his usual prudence he made a handsome settlement on her during his lifetime. As his sons were not of very economical habits, he has bequeathed them small annuities only; and vested the bulk of his fortune in trustees on behalf of his daughters, who are infants.
“Until his death, he invariably adhered to the costume of the age in which he was born. A three-cocked hat, and a plum-coloured coat, both rather the worse for wear, in which we have seen him frequently, invariably designated his person and habits; while a penurious economy, that bid defiance to all vulgar imitation, accompanied him to his grave. His death occurred in 1819, in the 80th or 81st year of his age.”