Thomas Guy, more eminent certainly as a very successful money-maker, and a generous benefactor to charitable institutions, than as a bookseller, was born in Horsley-down, the son of a coal-heaver and lighterman. The year of his birth is uncertain, but in 1660, he was bound apprentice to John Clarke, bookseller, in the porch of Mercers’ Chapel, and, in 1668, having been admitted a liveryman of the Stationers’ Company, he opened a small shop in “Stock Market” (the site of the present Mansion House, then a fruit and flower market, where, also, offenders against the law were punished) with a stock-in-trade worth above £200. From the first, Guy’s chief business seems to have been in Bibles, for Maitland, his biographer relates, “The English Bibles, printed in this kingdom, being very bad, both in the letter and the paper, occasioned divers of the booksellers in this city to encourage the printing thereof in Holland, with curious types and fine paper, and imported vast numbers of the same to their no small advantage. Mr. Guy, soon becoming acquainted with this profitable commerce, became a large dealer therein.” As early as Queen Elizabeth’s time, the privilege of printing Bibles had been conferred on the Queen’s (or King’s) printer, conjointly, of course, with the two Universities, and the effect of this prolonged monopoly resulted, not only in exorbitant prices, but in great typographical carelessness, and, says Thomas Fuller, under the quaint heading of “Fye for Shame,” “what is but carelessness in other books is impiety in setting forth of the Bible.” Many of the errors were curious;—the printers in Charles I.’s reign had been heavily fined for issuing an edition in which, the word “not” being omitted, the seventh, commandment had been rendered a positive, instead of a negative injunction. The Spectator wickedly suggests that, judging from the morals of the day, very many copies must have got abroad into continuous use. In the Bible of 1653, moreover, the printers allowed “know ye not that the unrighteous shall inherit the kingdom of God” to stand uncorrected. However, the Universities and the King’s printer still possessed the monopoly, and this new trade of good cheap Bibles “proving not only very detrimental to the public revenues, but likewise to the King’s printer, all ways and means were devised to quash the same, which, being vigorously put in execution, the booksellers, by frequent seizures and prosecutions, became so great sufferers, that they judged a further pursuit thereof inconsistent with their interests.” Defeated in this manner, Guy cautiously induced the University of Oxford to contract with him for an assignment of their privilege, and not only obtained type from Holland, and printed the Bible in London, but was, later on, in 1681, according to Dunton, a partner with Parker in printing the Bible, at Oxford (Parker could have been no connection of the famous publishing family).
Thomas Guy, founder of Guy’s Hospital. 1644–1724.
(From the statue by J. Bacon, R.A.)
Guy’s Hospital.
(Bird’s-eye view from a Print, 1738.)
Guy seems to have contracted in his early days very frugal and personally pernicious habits. According to Nichols, he is said to have dined every day at his counter, “with no other table-cloth than an old newspaper,” and if the “Intelligence” or the “Newes” of that period really served him for a cloth, the dish that contained his meat must have been uncommonly small. “He was also,” it is added, “as little nice in his apparel.” It was probably, too, in the commencement of his career, that, looking round for a tidy and inexpensive helpmate, he asked his servant-maid to become his wife. The girl, of course, was delighted, but, alas! presumed too much upon her influence over her careful lover; seeing that the paviours who were repairing the street, in front of the house (an order was issued, in 1671, to every householder to pave the street in front of his dwelling, “for the breadth of six feet at least from the foundation”) had neglected a broken place, she called their attention to it, but they told her that Guy had carefully marked a particular stone, beyond which they were not to go. “Well,” said the girl, “do you mend it; tell him I bade you, and I know he will not be angry.” When Guy saw the extra charge in the bill, however, he at once renounced his matrimonial scheme.
The Bible trade proved prosperous, and Guy, ready for any lucrative and safe investment for his money, speculated in Government securities, and, according to Nichols and Maitland, acquired the “bulk of his fortune” by purchasing seaman’s tickets; but the practice of paying the royal sailors by ticket does not seem to have existed later than the year 1684; so that if he dealt in them at all it must have been a very early period in his career, when it appears unlikely that he would have had much spare cash to invest. Maitland adds “as well as in Government securities, and this was probably the manner in which the ‘bulk of his fortune’ was really acquired.”
That his finances were in a healthy condition, is apparent, from his appearance in Parliament as member for Tamworth, from 1695 to 1707. According to Maitland, “as he was a man of unbounded charity, and universal benevolence, so he was likewise a good patron of liberty, and the rights of his fellow-subjects; which, to his great honour, he strenuously asserted in divers parliaments.” An honourable testimony to his character, supported also by Dunton: “Thomas Guy, of Lombard-street, makes an eminent figure in the Company of Stationers, having been chosen sheriff of London, and paid the fine.... He is a man of strong reason, and can talk very much to the purpose on any subject you can propose. He is truly charitable.”