Early in the reign of Henry V. complaints were made by the poor that the brewers, who rented the fountains and chief upper pipe of the Cheapside conduit, also drew from the smaller pipe below, and the brewers were warned that for every future offence they would be fined 6s. 8d. In the fourth year of this chivalrous monarch a "hostiller" named Benedict Wolman, under-marshal of the Marshalsea, was condemned to death for a conspiracy to bring a man named Thomas Ward, alias Trumpington, from Scotland, to pass him off as Richard II. Wolman was drawn through Cornhill and Cheapside to the gallows at Tyburn, where he was "hanged and beheaded."

ANCIENT VIEW OF CHEAPSIDE. (From La Serre's "Entrée de la Revne Mère de Roy" showing the Procession of Mary de Medicis.)

Lydgate, that dull Suffolk monk, who followed Chaucer, though at a great distance, has, in his ballad of "Lackpenny," described Chepe in the reign of Henry VI. The hero of the poem says—

"Then to the Chepe I gan me drawn,
Where much people I saw for to stand;
One offered me velvet, silk, and lawn;
Another he taketh me by the hand,
'Here is Paris thread, the finest in the land.'
I never was used to such things indeed,
And, wanting money, I might not speed."

In 1622 the traders of the Goldsmiths' Company began to complain that alien traders were creeping into and alloying the special haunts of the trade, Goldsmiths' Row and Lombard Street; and that 183 foreign goldsmiths were selling counterfeit jewels, engrossing the business and impoverishing its members.

City improvements were carried with a high hand in the reign of Charles I., who, determined to clear Cheapside of all but goldsmiths, in order to make the eastern approach to St. Paul's grander, committed to the Fleet some of the alien traders who refused to leave Cheapside. This unfortunate monarch seems to have carried out even his smaller measures in a despotic and unjustifiable manner, as we see from an entry in the State Papers, October 2, 1634. It is a petition of William Bankes, a Cheapside tavern-keeper, and deposes:—

"Petition of William Bankes to the king. Not fully twelve months since, petitioner having obtained a license under the Great Seal to draw wine and vent it at his house in Cheapside, and being scarce entered into his trade, it pleased his Majesty, taking into consideration the great disorders that grew by the numerous taverns within London, to stop so growing an evil by a total suppression of victuallers in Cheapside, &c., by which petitioner is much decayed in his fortune. Beseeches his Majesty to grant him (he not being of the Company of Vintners in London, but authorised merely by his Majesty) leave to victual and retail meat, it being a thing much desired by noblemen and gentlemen of the best rank and others (for the which, if they please, they may also contract beforehand, as the custom is in other countries), there being no other place fit for them to eat in the City."

The foolish determination to make Cheapside more glittering and showy seems again to have struck the weak despot, and an order of the Council (November 16) goes forth that—"Whereas in Goldsmith's Row, in Cheapside and Lombard Street, divers shops are held by persons of other trades, whereby that uniform show which was an ornament to those places and a lustre to the City is now greatly diminished, all the shops in Goldsmith's Row are to be occupied by none but goldsmiths; and all the goldsmiths who keep shops in other parts of the City are to resort thither, or to Lombard Street or Cheapside."