"My wind, cooling my broth,
Would blow me to an ague, when I thought
What harm a wind too great might do at sea.
I should not see the sandy hour-glass run,
But I should think of shallows and of flats,
And see my wealthy Andrew dock'd in sand,
Vailing her high top lower than her ribs,
To kiss her burial. Should I go to church,
And see the holy edifice of stone,
And not bethink me straight of dangerous rocks?
Which, touching but my gentle vessel's side,
Would scatter all her spices on the stream;
Enrobe the roaring waters with my silks;
And, in a word, but even now worth this,
And now worth nothing? Shall I have the thought
To think on this; and shall I lack the thought,
That such a thing, bechanced, would make me sad?"

THE FIRST ROYAL EXCHANGE

Gresham seems to have died before the Exchange was thoroughly furnished, for in 1610 (James I.) Mr. Nicholas Leete, Ironmonger, preferred a petition to the Court of Aldermen, lugubriously setting forth that thirty pictures of English kings and queens had been intended to have been placed in the Exchange rooms, and praying that a fine, in future, should be put on every citizen, when elected an alderman, to furnish a portrait of some king or queen at an expense of not exceeding one hundred nobles. The pictures were "to be graven on wood, covered with lead, and then gilded and paynted in oil cullors."

In Gresham's Exchange great precautions were taken against fire. Feather-makers and others were forbidden to keep pans of fire in their shops. Some care was also taken to maintain honesty among the shopkeepers, for they were forbidden to use blinds to their windows, which might obscure the shops, or throw false lights on the articles vended.

On the sudden death of Sir Thomas Gresham, in 1579, it was found that he had left, in accordance with his promise, the Royal Exchange jointly to the City of London and the Mercers' Company after the decease of his wife. Lady Gresham appears not to have been as generous, single-minded, and large-hearted as her husband. She contested the will, and was always repining at the thought of the property passing away from her at death. She received £751 7s. per annum from the rent of the Exchange, but tried hard to be allowed to grant leases for twenty-one years, or three lives, keeping the fines to herself; and this was pronounced by the Council as utterly against both her husband's will and the 23rd Elizabeth, to which she had been privy. She complained querulously that the City did not act well. The City then began to complain with more justice of Lady Gresham's parsimony. The Bourse, badly and hastily built, began to fall out of repair, gratings by the south door gave way in 1582, and the clock was always out of order. Considering Lady Gresham had been left £2,388 a year, these neglects were unworthy of her, but they nevertheless continued till her death, in 1596. As the same lady contributed £100 in 1588 for the defence of the country against the Armada, let us hope that she was influenced not so much by her own love of money as the importunities of some relatives of her first husband's family.

THE SECOND ROYAL EXCHANGE, CORNHILL