a long period of years, ever since the days of Queen Anne, contributed largely towards the public revenue of the country. This event took place at Cooper’s Hall, Basinghall Street; and such was the anxiety on the part of the public to witness the last drawing of the lottery, that great numbers of persons were attracted to the spot, independently of those who had an interest in the proceedings. The gallery of Cooper’s Hall was crowded to excess long before the period fixed for the drawing (five o’clock), and the utmost anxiety was felt by those who had shares in the lottery for the arrival of the appointed hour. The annihilation of lotteries, it will be recollected, was determined on in the session of Parliament before last; and thus a source of revenue, bringing into the treasury the sums of £250,000 and £300,000 per annum will be dried up. This determination on the part of the Legislature is hailed by far the greatest portion of the public with joy, as it will put an end to a system which many believe to have fostered and encouraged the late speculations, the effects of which have been and are still severely felt. A deficiency in the public revenue to the extent of £250,000 annually will, however, be the consequence of the annihilation of lotteries, and it must remain for those who have strenuously supported the putting a stop to lotteries to provide for the deficiency.”—“Although that which ended yesterday was the last, if we are informed correctly the lottery-office keepers have been left with a great number of tickets remaining on their hands—a pretty strong proof that the public in general have now no relish for
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CHAPTER XVI. LOTTERIES AND LOTTERY INSURANCES.
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