Northern Europe - The Principal Navigations, Voyages, Traffiques And Discoveries Of The English Nation - Volume 1 - Collected By Richard Hakluyt


















































































 -  Li. vj. s. viij. d. by the yeere during his life as appeareth in his
Letters Patents which are to - Page 32
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Li. Vj.

S. viij.

D. by the yeere during his life as appeareth in his Letters Patents which are to be seene in the third part of my worke. And if God had granted him longer life, I doubt not but as he dealt most royally in establishing that office of Pilote Maior (which not long after to the great hinderance of this Common wealth was miserably turned to other priuate vses) so his princely Maiestie would haue shewed himselfe no nigard in erecting, in imitation of Spaine, the like profitable Lecture of the Art of Nauigation. And surely when I considered of late the memorable bountie of sir Thomas Gresham, [Footnote: He was the son of Sir Richard Gresham, merchant and Lord Mayor of London, and was born in 1519. Educated at Cambridge, he was placed under his uncle, Sir John Gresham, and enrolled a member of the Mercers Company. His father had been the king's agent at Antwerp, and the person who succeeded him, having mismanaged the royal affairs, Sir Thomas was sent over in 1552. to retrieve them. This he was most successful in doing. Elizabeth removed him from his office, but soon restored and knighted him. He planned and erected the Royal Exchange in London, in imitation of that of Antwerp, and the queen opened it in person in 1570. Having built a mansion in Bishopsgate Street, he directed by his will that it should be converted into habitations and lecture rooms for seven professors or lecturers on the seven liberal sciences, and their salaries to be paid out of the revenues of the Royal Exchange.

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