J. M.
Oxford.
The Three per Cent. Consols.—In Jerdan's Autobiography, vol. iii., published in 1852, we read this anecdote:
"At a City dinner, so political that the three Consuls of France were drunk, the toast-master, quite unacquainted with Bonaparte, Cambacères, and Lebrun, hallooed out from behind the chair, 'Gentlemen, fill bumpers! The chairman gives the Three per Cent. Consols!'"
In Merrie England in the Olden Time, vol. ii. p. 70. (published ten years before), will be found the following note:
"This eminent professor (toast-master Toole), whose sobriquet is 'Lungs,' having to shout the health of the 'three present Consuls,' at my Lord Mayor's feast, proclaimed the health of the 'Three per Cent. Consols!'"
The latter version is the correct one. It was the three foreign Consuls who were present among this annual gathering of grandees that was given; not Bonaparte, Cambacères, and Lebrun. The after-dinner organ of Toole might easily, on hearing the toast, mistake "present" for "per cent.," and "Consuls" (in the City, too) for "Consols."
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