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Coal Exchange, London
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Coal Exchange, London
The Coal Exchange is where the 960, 000 chaldrons of coal (each of 36 bushels) imported from Newcastle etc each year to keep Londoners warm, are regulated and, of course, taxed
Mary Evans Picture Library makes available wonderful images created for people to enjoy over the centuries
Media ID 4321373
© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10167858
1808 Coal Commerce Course Exchange Imported Londoners New Castle Stock Taxed Warm Bushels Regulated Year
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EDITORS COMMENTS
This evocative photograph captures the grandeur of the Coal Exchange in London, a historic building that once played a crucial role in the city's energy supply and economic prosperity. Built in 1808, the Coal Exchange was the hub of the coal trade in Britain, where over 960,000 chaldrons of coal, each containing 36 bushels, were regulated and taxed annually. Coal, imported primarily from Newcastle and other northern ports, was a vital resource for keeping London's homes and industries warm. The Coal Exchange's imposing facade reflects the importance of the coal trade during this period, with its ornate columns, intricate details, and grand entranceway. Inside, merchants and traders would gather to negotiate deals, secure contracts, and settle disputes, all under the watchful eye of the Coal Controller, who ensured that the flow of coal to the city was orderly and efficient. The coal trade was a significant contributor to London's economy, generating wealth and employment opportunities for many. However, it also came with its challenges, including the risks of fires, accidents, and the environmental impact of burning coal. Nevertheless, the Coal Exchange remained a symbol of progress and innovation, as London continued to grow and adapt to the changing needs of its population. This photograph is a reminder of the Coal Exchange's rich history and the vital role it played in London's past. It also serves as a testament to the city's resilience and adaptability, as it continues to evolve and thrive in the modern world.
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