Corporation of London

The Chamber of a city is the place where the funds of the corporation are kept and where moneys due are received - a kind of treasury. The Chamber is run by the Chamberlain, an officer who receives the rents and revenues owed to the corporation. The origin of the Chamber of London is obscure, but as soon as the citizens were sufficiently united to hold lands and tenements in common an officer must have been appointed to collect rents and disburse income for public welfare. The Chamber is first mentioned in 1275 and in the following year Stephen de Mundene is named as City Chamberlain. At first the Chamberlain was chosen by the Mayor and Aldermen, but by 1319 elections were introduced and the officer was chosen by the liverymen in Common Hall.

The Chamberlain's duties combined municipal finance with public banking. His main duty was as treasurer or banker of the City of London with custody of the monies of the Corporation, called the City's Cash, and other funds. Former Chamberlains were able to keep for themselves profits derived from interest on the cash! The Chamberlain also collects the rents of all Corporation properties and makes payments on behalf of the Corporation including salaries and pensions. He also invests money, is responsible for insurance, the preparation of tax returns and production of reports and statistics.

The privileges of the Freedom of the City of London were sought by anyone who wished to prosper in London and was essential to anyone who desired to practice a trade or craft within the City. The privileges of admission included immunity from toll at markets and fairs throughout England, freedom from being conscripted into the armed forces, exclusive right to wholesale and retail trade within the City and the right to vote at Ward and Parliamentary elections. The admission of freedmen has always been one of the duties of the Chamberlain. The earliest extant admission of a freeman is dated 1282 but as the municipal structure of London is based on the status of freemen it is likely that admissions go back much further. Admission is by 'servitude' (serving as an apprentice to a freeman), 'patrimony' (being the child of a freeman born after he obtained his freedom) or 'redemption' (a resident of the City with support from two Alderman or two Common Councilmen or two liverymen may purchase his freedom). Since 1740 the Corporation also presents the freedom as an honour and mark of distinction to those who have offered exceptional service to the City or the nation, including William Pitt, MP; Lord Nelson; Lord Kitchener of Khartoum; Florence Nightingale; Lord Lister; David Lloyd George, MP; FM Sir Douglas Haig; Lord Baden-Powell; Neville Chamberlain, MP; Winston Churchill, MP; Gen Dwight Eisenhower; Queen Elizabeth II, Princess Diana, Nelson Mandela, and Theodore Roosevelt. Women who are admitted to the Freedom are called 'free sisters'.