Eighteenth-century Culture Research: The Royal Exchange - Essay Example

Comments (0) Cite this document
The Royal Exchange is on a site that was originally provided by the City of London Corporation and the Worshipful Company of Mercers. This site forms a rough…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.8% of users find it useful
Eighteenth-century Culture Research: The Royal Exchange
Read TextPreview

Extract of sample "Eighteenth-century Culture Research: The Royal Exchange"

The Royal Exchange was the source of commerce in London from January 1845 throughout the rest of the 18th century. The Royal Exchange is on a sitethat was originally provided by the City of London Corporation and the Worshipful Company of Mercers. This site forms a rough triangular, formed by the converging streets of Cornhill and Threadneedle Street (Michie, 61). Two former exchanges burned down, before the third building was erected by Sir William Tite (Tite, 1944). Queen Victoria opened the Royal Exchange. The Royal Exchange and the Bank of England can be seen below.
(Sir William Tite. 1844. The Bank of England and the Royal Exchange)
All types of business operated out of the royal exchange. The Royal Stock Exchange, merchants, and insurance companies are just a few of the types of business. Before slavery was outlawed, the Royal Exchange was a place to trade, insure, and barter in human flesh (Adi). Every type of merchant from stock brokers to horse traders could be found at the Royal Exchange.
The Royal Exchange was a central part of 18th century Londoners. Tradesman sold their wares at the Royal Exchange. Consumers would go to the Royal Exchange to buy any and everything. Since the Bank of England was next door, consumers could withdraw money to buy goods. The merchants could deposit their earnings. The Royal Exchange was a massive part of the London downtown attraction in the 18th century.
The Royal Exchange also introduced a new aspect that took off; insurance. Londoners started buying life insurance, home insurance, renters insurance, business insurance, and so forth. Poor Londoners were suddenly rich when a parent or relative died. Insurance seemed like the lottery. What Londoners did not understand was insurance companies took their payments and invested in the stock market. Insurance companies were making money, beneficiaries were making money, and the Royal Exchange flourished.
The Royal Exchange was the beginning of the stock market. Many countries have imitated the Royal Exchange over the years, including America. Today, the Royal Exchange is aptly a shopping center. The significance of this usage is not lost on Londoners. The Royal Exchange has become a symbol of London society. It will always be an insignia of merchants and consumers. The Royal Exchange has metamorphosed into a modern day Royal Exchange.
Works Cited
Adi, Hakim. “London, Slavery, and Abolition.” 2008. Accessed 31 Jan. 2009 from
Michie, Ronald C. The London Stock Exchange: A History. Oxford: Oxford
University Press, 2001.
Tite, William Sir. The Bank of England and the Royal Exchange. 1844. Image and
text scanned by Nathalie Chevalier. Accessed 31 Jan. 2009 from Read More
Cite this document
  • APA
  • MLA
(“Eighteenth-century Culture Research: The Royal Exchange Essay”, n.d.)
Eighteenth-century Culture Research: The Royal Exchange Essay. Retrieved from
(Eighteenth-Century Culture Research: The Royal Exchange Essay)
Eighteenth-Century Culture Research: The Royal Exchange Essay.
“Eighteenth-Century Culture Research: The Royal Exchange Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Eighteenth-century Culture Research: The Royal Exchange

Distinguished eighteenth century empiricist philosophers

...?David Hume PART A: Distinguished eighteenth century Scottish empiricist philosopher David Hume (1711-1776) has eluci d his profound thoughtfulness about various subjects related to source of knowledge, causation theory and others. Hume seeks resemblance between the meanings and forms of ideas, and seeks similarities and association between them on the basis of their contiguity and causality (Ariew, 510). Actually, Hume’s doctrine of developing ideas about various kinds of knowledge vehemently based upon his famous causation theory. One of the most imperative of his doctrines includes the refutation of the (mis)conception that occurrence of two events or incidents contains some cause, which results into...
25 Pages(6250 words)Essay

History of London

...of the court structure within the city of London because interpreters were required to ease court proceedings. Interpreters were meant to assist immigrants in understanding the prosecution and other court activities. Therefore, when dealing with issues regarding the history of London, migration and immigrants must be taken into consideration because they form part of that history. References Hardy A. (1993). The medical response to epidemic disease during the long eighteenth century Retrieved on 17 March 2012from: Hays, J. (2005). Epidemics and pandemics: Their impacts on human history. Santa Barbara, Calif: ABC-CLIO. Kaminsky G. (2009). Financial centers:...
10 Pages(2500 words)Essay

World civilizations in eighteenth century

...?World Civilizations The eighteenth century was a period of great changes in every sphere of human life. It threw up some great thinkers, whose ideasof enlightenment contributed to social progress, in the spheres of equal rights and freedoms for all people. These thinkers wanted to bring about changes in society through the promotion of education and scientific thinking. In some European countries, a system of government called “Enlightened Despotism” came into being, where reforms for promoting agriculture, industry and education were established. However, all these changes were resisted by the church and the nobility who stood to lose their hold over the common people. Despite the stiff resistance of...
4 Pages(1000 words)Term Paper

Eighteenth Century Slavery

...was focused in dynamic crop growing on Long Island and in most part of the Northern colonies. The majority slaves were occupied in farming and stock otherwise as household servants for the metropolitan influential. An immense invasion of Africans in the middle of the eighteenth century in Africa and motivated the formation of numerous African churches and compassionate towns and cities. Northern slaves cultivated an energetic African-American ethnicity. These slaves uphold a several fashionable celebrations like Election Day, during which roles between whites and blacks were temporarily reversed. The New England Slave Trade (Northern Colonies) was considered a success for it paved the way for the...
3 Pages(750 words)Essay

Classical Ideals Represented in Eighteenth Century Paintings

...Art History ICAL IDEALS REPRESENTED IN EIGHTEENTH CENTURY PAINTINGS Introduction One of the important characteristics of the late eighteenth century was a revival of interest in classical antiquity which was established in neoclassicism, a movement that was based on the subjects and styles of ancient art. The defining element of neoclassicism was an interest in Greek and Roman culture which encompassed painting, sculpture and architecture, and extended to people’s choices in fashion and home décor. This focus on classicism was partly due to the emphasis given to rationality, beauty and harmony during the Enlightenment (1650-1800) which were in alignment with the geometric harmony and aesthetics of classical art and architecture... . Between...
11 Pages(2750 words)Essay

Royal Exchange Theatre, St Anns Square

The place where the Royal Exchange is housed is one of the most visited places in Manchester and is dotted with shopping centres and malls. Therefore, it gives the people every chance of entertainment and the people are too happy to take the chance. The architectural beauty of the theatre has been revered by all sectors of the society and it holds a place of pride for the people of the society. (Royal Exchange Theatre, Manchester, n.d.; Background information, n.d.; Welcome, n.d.) The Royal Theatre of Manchester was made in 1968. The theatre was constructed in a house, which was the place for the cotton trading of the world. The hall of the house was one of the largest places of trading in the world. The largeness of the hall rais...
9 Pages(2250 words)Assignment

Eighteenth-Century Literature: Pirates, Princes and Prostitutes

.... The Society for Promoting Christian Knowledge and the Society for the Propagation of the Gospel which had been founded in the previous reign were both very active.” (Quoted in Thus, the foreigners knew it very well that eighteenth century English society was undergoing moral decline. It is therefore, being the true representatives of their culture and civilisation, the British authors presented exact scenario of their times. Instead of hiding out the crimes and offences under the cover of morality, Gay had revealed that gangs of thieves had been active in London in planning to steal the money of the people through their nefarious designs. “Gangs of men began to...
10 Pages(2500 words)Essay

Superstition in Eighteenth century England

...depend solely on reason. The thought of earlier thinkers like Rene Descartes that had spread to England as well, was instrumental in driving this movement forward. However, superstitions that were previously a part of the cultural ethos of the English populace refused to fade away and stayed. There are many reasons behind this obstinate refusal to vanish and this paper shall attempt to discuss these and find in texts of literature that were produced during this period of time references to these and attempts to understand the phenomenon. This paper shall look at two texts of the eighteenth century English writer, Jonathan Swift, who satirized not only the superstitions that existed...
7 Pages(1750 words)Essay

The Baroque Era and the Eighteenth Century

...Discussions-The Seventeenth Century: The Baroque Era and the Eighteenth Century The Seventeenth Century: The Baroque Era and theEighteenth Century Doctrine and rituals comprise of the first prescription set by the Protestant Reformation on visual arts. Doctrines and rituals affected each element of society. Similarly, Protestant Reformation made sure visual arts stuck to these aspects by strictly including their doctrines and rituals in them (Alma, Barnard, and Küster, 2009). Visual artists had to compose works that did not overlook or taint Protestant Reformations doctrines and rituals. To ensure this, Protestant Reformation monitored all visual arts during this period. The second prescription entailed strict instructions... Seventeenth...
2 Pages(500 words)Essay

The Baroque Age and Eighteenth Century

... The Baroque Age and Eighteenth Century Introduction The Baroque is a phase of artistic style that began around the 1600 inRome and spread across Europe and other regions. It comprised of exaggerated movement and easily interpreted features to create tension and grandeur in sculpture, architecture and music. I would say the popularity of the Baroque style was influenced by the Roman Catholic Churches since they used the arts to convey spiritual themes in direct and emotional engagement (Fitzpatrick 7). I like this era because the architectural designs of the churches in Rome also used the Baroque style to decorate their buildings and respond to the Protestant Reformation. In this regard, the Roman Catholic Churches influenced... the...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Eighteenth-century Culture Research: The Royal Exchange for FREE!

Contact Us