THE Greshams took their name from a town so called in the county of Norfolk. Richard was the second son of John Gresham of Holt, in the same county, by Alice Blyth of Stratton, who brought her husband a large fortune. He was bred a mercer in London, where he was most successful in trade, and was appointed royal agent, or ‘King’s merchant,’ as it was called, a trust of great importance and profit, which consisted in transacting the trading interests of the Crown in foreign countries. This Richard Gresham conducted for Henry VIII. and Edward VI. He amassed great riches, bought estates in several counties, was knighted in 1531, and elected Lord Mayor of London in 1537. He enjoyed much esteem and consideration in the city, and first conceived the idea of building the Royal Exchange, (which his son carried out,) beside many reformations and improvements for the benefit of the commercial community.

The merchants had suffered much inconvenience from being exposed to the weather in Lombard Street, when they met for the transaction of business.

Richard Gresham married, first, Audrey, daughter of William Linn of Southwick, county North Hants, by whom he had two sons—the second was Sir Thomas, usually called the founder, and at all events the builder, of the Royal Exchange,—and two daughters, Christian, or, as some call her, Margaret, who married Sir John Thynne, the builder of Longleat, to whom she brought a large dower as co-heir with her brothers, and Elizabeth, who died unmarried. Audrey died in 1522, and Sir Richard married again a widow named Taverson.


No. 87.

ARABELLA STUART.

By Van Somers.

BORN 1575, DIED 1615.

Full length. Dark gown, richly embroidered in flowers of gold. Ruff. Jewel. Cord of pearl across the shoulder and round the waist. One hand resting on a table.