ift, in his _Ballad on the South Sea Scheme_, 1721, did not
forget Garraway's:
There is a gulf, where thousands fell,
Here all the bold adventurers came,
A narrow sound, though deep as hell,
'Change alley is the dreadful name.
Subscribers here by thousands float,
And jostle one another down,
Each paddling in his leaky boat,
And here they fish for gold and drown.
Now buried in the depths below,
Now mounted up to heaven again,
They reel and stagger to and fro,
At their wits' end, like drunken men.
Meantime secure on Garway cliffs,
A savage race, by shipwrecks fed,
Lie waiting for the founder'd skiffs,
And strip the bodies of the dead.
Dr. Jno. Radcliff, who was a rash speculator in the South Sea
Scheme, was usually planted at a table at Garraway's about Exchange
time, to watch the turn of the market; and here he was seated when
the footman of his powerful rival, Dr. Edward Hannes, came into
Garraway's and inquired by way of a puff, if Dr. H. was there. Dr.
Radcliff, who was surrounded with several apothecaries and
chirurgeons that flocked about him, cried out, "Dr. Hannes is not
here," and desired to know "who wants him?" The fellow's reply was,
"such a lord and such a lord;" but he was taken up with the dry
rebuke, "No, no, friend, you are mistaken; the Doctor wants those
lords." One of Radcliff's ventures was five thousand guineas upon
one South Sea project. When he was told at Garraway's that 'twas
all lost, "Why," said he, "'tis but going up five thousand pair of
stairs more." "This answer," says Tom Brown, "deserved a statue."
* * * * *
Jonathan's Coffee-house was another Change-alley coffee-house,
which is described in the _Tatler_, No. 38, as "the general mart of
stock-jobbers," and the _Spectator_, No. 1, tells us that he
"sometimes passes for a Jew in the assembly of stock-jobbers at
Jonathan's." This was their rendezvous, where gambling of all sorts
was carried on, notwithstanding a former prohibition against the
assemblage of the jobbers, issued by the City of London, which
prohibition continued unrepealed until 1825.
* * * * *
The _Spectator_, No. 16, notices some gay frequenters of the
Rainbow Coffee-house in Fleet Street: "I have received a letter
desiring me to be very
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