volume i., page 261: and at the end of the original is the following
note, more particularly fixing the time when these offices were held in such estimation. ‘Whereas, James Whiston, in a late book, intituled ‘_England’s Calamities Discovered_,’ &c.--London, 1696, quarto,--‘set forth the mischievous consequences of buying and selling places in Cities, States, and Kingdoms: and the discovery of the disease being the first step towards the cure; for that end some persons, well-affected to the government of this City and Kingdom, have taken great pains to find out the number and value of y^e places bought and sold within this City; which are to y^e best information that can at present be got, as followeth.’--And now, pledge me once more, Mr. Geoffrey Barbican, in a farewell libation to the seventeenth century, for this notice brings us down to the year 1701.”
“Marry, Sir, and I’m heartily glad on’t,” said I, “for I began to be like honest Bunyan’s Pilgrims on ‘the Enchanted Ground,’ and to have much ado to keep my eyes open: but as I now really think there is some _little_ prospect that your tale will have an end, I shall do mine endeavour to be wakeful during the next century and a quarter, which you have yet to lecture upon. And, in the meanwhile, like Peter the Ziegenhirt, in Otmar’s German story, which gave Geoffrey Crayon the idea of Rip Van Winkle, I shall take another draught of the wine-pitcher; and so once again, Mr. Barnaby, here’s to you.”
“My most hearty thanks are your’s,” replied he, “and let me add, for your consolation, that I really have comparatively but little to say in the next century; for a great portion of it was occupied in doubting whether the Bridge would stand, in surveying its buildings, in repairing it, in disputing concerning the erection of a new one, in receiving the reports of architects, and in adopting schemes for its alteration.
“The year 1701 may be considered as the important period, when the Water-works at London Bridge began to advance towards that extent and power at which they afterwards arrived. Peter Moris, the original inventor, had a lease from the City for 500 years, paying 10_s._ of yearly rent for the use of the Thames water, one arch of the Bridge, and a place on which he might erect his mill. The Citizens soon experiencing the benefit of his invention, granted him, two years after, a similar lease for a second arch, by which his wealth considerably increased; and, with various improvements, the property continued in his family until this time, when the proprietor finding his profits lessened by the works at the New River, it was sold to one Richard Soams, Citizen and Goldsmith, for £36,000. That it might be the more secure, Soams procured from the City, in confirmation of his bargain, another grant for the fourth arch,--the third belonging to a wharfinger,--and a new lease of the unexpired term, at the yearly rent of 20_s._, and a fine of £300. He then divided the whole property into 300 shares of £500 each, and formed it into a company; all which information you will find in Strype’s ‘Stow’s _Survey_,’