COFFEEHOUSES
See Also: CAFES
Coffee Bars; CAKES &
PASTRIES; INNS &
TAVERNS; NAUTICAL The
Baltic Exchange; RESTAURANTS
Simpson s-in-the-Strand; TEA; MENU
In 1652
London's first coffee house was opened in Newman's Court, Cornhill, by Pasqua
Rose, an Armenian from Smyrna, who had worked as a servant for Daniel Edwards,
a merchant who was active in the Levantine trade.
The Cosmo
The
Cosmo coffee house opened in Hampstead in 1937 to serve the influx of
migrants. In 1998 it closed
Location:
4-6 Northways Parade, Finchley Road, NW3 5EN
The Jamaica Coffee House
Until
the middle of the 19thC The Jamaica Coffee House was a centre
for the trade that was conducted with the island of Jamaica. In 1869 The Jamaica Wine House was
opened upon the site. The pub has a
plaque that commemorates London's first coffee house, which stood at the sign
of the Pasqua Rose'ss Head.
Location:
St Michael's Alley, EC3V 9DS (red, brown)
See
Also: PUBS; TRADING COMPANIES
Jonathan's Coffee House
In the
late 1760s a number of Change Alley brokers formed a subscription club that was
headquartered in Jonathan's Coffee House. This development led to the establishment of
the Stock Exchange in Threadneedle Street in 1773.
Location:
Change Alley, EC3V 9AZ (blue, turquoise)
See
Also: THE CITY OF LONDON & FINANCE
The Literary Impact of Caffeine
There
is a theory that the literary essay came into being in the early 18thC
as a child of London coffeehouse culture.
Lloyd's Coffee House
At some
time during the 1680s Edward Lloyd opened a coffee house in Tower Street in the
City. He sought to foster his business
by turning its premises into the daily meeting place for those people who were
interested in the nascent trade of insuring ships and their cargoes. Two successive wars against the French - the
Nine Years War (1688-1697) and then the War of the Spanish Succession
(1702-1713) - increased the demand for insurance and so helped Lloyd establish
his coffee house as the principal forum for underwriters. After his death his business was carried on
by others.1
The
Bubble Act of 1720 gave the firms the Royal Exchange and the London Assurance
the exclusive right to conduct marine insurance as corporations. However, the Act also allowed individual
underwriters the right to trade freely.
Individuals proved to be more flexible in their approach to business
than did the companies.2
As the
18thC progressed, there grew to be considerable friction within
Lloyd's over the question of gambling insurance. In 1745 an Act of Parliament forbade such
insurance to be taken out upon cargoes and ships. However, it remained legal for underwriters
to issue such policies upon lives and specific events. Those underwriters who disapproved of the
practice broke away in 1769 and established a new coffee house before moving
into premises in the Royal Exchange in 1773.
(The old Lloyd's went out of business and gambling insurance was banned
by legislation in 1774.)
Lloyd s
porters wear waiters livery in commemoration of the market's coffee house
origins.
Location:
15 Lombard Street, EC4N 7BJ (orange, yellow)
See
Also: INSURANCE Lloyd's of London
1. Edward Lloyd was buried in St Mary Woolnoth, which is on the corner
of Lombard Street and King William Street.
2. In 1824 the Act was repealed by another Act. This was sponsored by William Huskisson M.P.,
a former manager of The Sun Fire Office.
The M.P. is best remembered for having been fatally run down by a train
during the opening of the Liverpool & Manchester Railway.
Pall Mall
From
the 1690s onwards there were coffee and chocolate houses in the district of St
James s. Some of these establishments
were the de facto forerunners of the district's clubs. The coffee houses acted as venues where the
aristocracy and the intelligentsia of 18thC London met.
Location:
Pall Mall, SW1Y 5ER
See
Also: CLUBLAND
St John's Gate Coffee House
In the
early 18thC Richard Hogarth1 ran a coffee shop in St
John's Gate where the customers spoke Latin.
The business failed.
1. Hogarth was the father of the artist
William Hogarth.
Location:
St John s
Lane, EC1M 4DA (blue, purple)
The Salopian
Thomas
Telford was so fond of The Salopian coffee house on Charing Cross that
he came to be regarded as being one of the establishment's principal
assets. He is reputed to have been
listed as part of the fixtures whenever a new lease was signed. Upon one occasion it was sold and he decided
to buy his own house. The new owner,
upon hearing this, exclaimed to him What!
Leave the house! Why, sir, I have
just paid 750 for you.
Location:
16-18 Whitehall SW1A 2DY. (Formerly 41-42 Charing
Cross.) (blue, purple)
Tips
It has
been claimed that tea and coffee house patrons who desired good service would,
before taking their places, insert some coins in the Tip box. Tip was an acronym for to insure
promptness .
David
Backhouse 2024