Note 1 — Preface.

Societies of this description, though not so common as in Spain, existed also in other countries. In England, since the Reformation, money bequeathed for this purpose was placed in the hands of some of the large London companies or guilds. Since the destruction of Algiers, by Lord Exmouth, and still later since the abolition of that piratical kingdom by the French, such charitable bequests, having become useless for their original purpose, have in some instances been devoted to the promotion of education by a decree of Chancery. This is the case with a large sum, usually known as 'Betton's gift,' in the trusteeship of the Ironmongers' Company.