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DIAMOND CUT DIAMOND:
OR,
MANNERS OF LONDON MERCHANTS A HUNDRED YEARS AGO.

Tempore mutato de nobis fabula narratur.

Decio, a man of great figure, that had large commissions for sugar from several parts beyond sea, treats about a considerable parcel of that commodity with Alcander, an eminent West India merchant; both understood the market very well, but could not agree. Decio was a man of substance, and thought nobody ought to buy cheaper than himself. Alcander was the same, and not wanting money, stood for his price. Whilst they were driving their bargain at a tavern near the Exchange, Alcander’s man brought his master a letter from the West Indies, that informed him of a much greater quantity of sugars coming for England than was expected. Alcander now wished for nothing more than to sell at Decio’s price, before the news was public; but being a cunning fox, that he might not seem too precipitant, nor yet lose his customer, he drops the discourse they were upon, and putting on a jovial humour, commends the agreeableness of the weather; from whence falling upon the delight he took in his gardens, invites Decio to go along with him to his country house, that was not above twelve miles from London. It was in the month of May, and as it happened upon a Saturday in the afternoon, Decio, who was a single man, and would have no business in town before Tuesday, accepts of the other’s civility, and away they go in Alcander’s coach. Decio was splendidly entertained that night and the day following; the Monday morning, to get himself an appetite, he goes to take the air upon a pad of Alcander’s, and coming back meets with a gentleman of his acquaintance, who tells him news was come the night before that the Barbadoes fleet was destroyed by a storm; and adds, that before he came out, it had been confirmed at Lloyd’s coffee-house, where it was thought sugars would rise twenty-five per cent. by change time. Decio returns to his friend, and immediately resumes the discourse they had broke off at the tavern. Alcander who, thinking himself sure of his chap, did not design to have moved it till after dinner, was very glad to see himself so happily prevented; but how desirous soever he was to sell, the other was yet more eager to buy; yet both of them afraid of one another, for a considerable time counterfeited all the indifference imaginable, till at last Decio, fired with what he had heard, thought delays might prove dangerous, and throwing a guinea upon the table, struck the bargain at Alcander’s price. The next day they went to London; the news proved true, and Decio got five hundred pounds by his sugars. Alcander, whilst he had strove to overreach the other, was paid in his own coin: yet all this is called fair dealing; but I am sure neither of them would have desired to be done by, as they did to each other.

Fable of the Bees, 1725.


CHILTERN HUNDREDS.

The acceptance of this office, or stewardship, vacates a seat in parliament, but without any emolument or profit. Chiltern is a ridge of chalky hills crossing the county of Bucks, a little south of the centre, reaching from Tring in Hertfordshire to Henly in Oxford. This district belongs to the crown, and from time immemorial has given title to the nominal office of stewards of the Chiltern hundreds. Of this office, as well as the manor of East Hundred, in Berks, it is remarkable, that although frequently conferred upon members of parliament, it is not productive either of honour or emolument; being granted at the request of any member of that house, merely to enable him to vacate his seat by the acceptance of a nominal office under the crown; and on this account it has frequently been granted to three or four members a week.