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e, a gentleman of foreign extraction. He had
previously been in the Manchester trade, but had been unfortunate. Being
a man much respected, and extensively known, his friends advised him to
go on the Stock Exchange. He adopted their advice, and became a member.
He at once established an excellent business as a broker. Not only did
he make large sums, in the shape of commissions on the transactions in
which he was employed by others, but one of the largest mercantile
houses in London, having the highest possible opinion of his judgment
and integrity, entrusted him with the sole disposal of an immense sum of
money belonging to the French refugees, which was in their hands at the
time. He contrived to employ this money so advantageously, both to his
constituents and himself, that he acquired a handsome fortune. Before he
had been a member three years, he invited his creditors to dine with him
on a particular day at the London Tavern, but concealed from them the
particular object he had in view in so doing. On entering the room, they
severally found their own names on the different plates, which were
reversed, and on turning them up, each found a cheque for the amount due
to him, with interest. The entire sum which Mr. L.A. de la Chaumette
paid away on this occasion, and in this manner, was upwards of L30,000.
Next day, he went into the house as usual, and such was the feeling
entertained of his conduct, that many members refused to do a bargain
with him to the extent of a single thousand. They looked on his payment
of the claims of his former creditors as a foolish affair, and fancied
that he might have exhausted his resources, never dreaming that, even if
he had, a man of such honourable feeling and upright principle was
worthy of credit to any amount. He eventually died worth upwards of
L500,000.
The locality of the Stock Exchange (says the author of "The Great
Babylon," probably the Rev. Dr. Croly) is well chosen, being at a point
where intelligence from the Bank of England, the Royal Exchange, and the
different coffee-houses where private letters from abroad are received,
may be obtained in a few minutes, and thus "news from all nations" may
be very speedily manufactured with an air of authenticity. One wide
portal gapes toward the Bank, in Bartholomew Lane; and there is a
sally-port into Threadneedle Street, for those who do not wish to be
seen entering or emerging the other way. From the dull and dingy aspect
of the
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