This is my father driving in the 1940s, before I was born.
He left school at fourteen to work in an iron foundry his own father had helped establish; he eventually became joint managing director. We had a comfortable life without my mother having to work; single-income households were common then. He liked cars: I remember waiting at the front-room window one afternoon, when I was four or five years old, to see him arrive home in a brand-new olive-green Riley. Fifty years on from pressing my face against that window, I know that at no time has my own income been sufficient to raise a family in similar comfort, nor will I ever own a brand-new car; and my children will, if they go to college, be already mired in debt before they even begin to earn their own money.
The ignorance of the experts concerning the financial products they were using our money to buy is hardly new. James Buchan, in the late 1980s: ‘In London and New York I met people who invested fortunes in financial enterprises they simply could not describe or explain. No doubt quite soon, a bank would discover it had lost its capital in those obscure speculations; other banks would fail in sympathy . . .’ The politicians were even more ignorant. It’s as if for years we’ve been going with our tummy-aches to doctors who can’t tell the difference between a blister and a cancerous tumour. No wonder we’re ill.
The derivatives market conjured into existence in the 1990s was a virtual world, enabling speculation not in real assets but in the risk of speculation itself. It is addictive: the rush, the buzz, the winning streak. The opposite of which is the losing nose-dive – lose your job and you’re well on your way to losing your (real) house, marriage, health and dog.
An investment banker, quoted in the Standard: ‘In most cases they know their wives despise them for enslaving their lives to money, and they know that the moment they lose their job their wives will walk and take the kids, and their £3 million home, and divorce them.’ A lonely-hearts ad, placed on a literary website at the time the axe started to chop: ‘Ex-banker, 33 . . . Seeking woman not interested in money, fast cars, champagne, holidays, fleecing innocent hard-working gullible twats, whilst telling them you love them. Bitch.’
The above house in Mayfair, London, was squatted in January 2009 by a group that offered free workshops on welding, yurt-building, bookbinding, song-writing and de-schooling society. Hundreds of buildings are squatted; what made the press interested in this one was the stark disparity between the poshness of the building (alleged to be worth £22.5 million) and the presumed poverty of the squatters.
Bookbinding and yurt-building won’t change the world for the better overnight, but nor will sending out 400,000 repossession orders (Centre for Policy Studies estimate, February 2009) to households that have lost jobs and can’t keep up the mortgage payments.
I had a dream in which I punched the keys to withdraw money from a cash machine and it paid out in cowrie shells, rattling down a metal chute into the canvas bag I’d thoughtfully brought with me. As I walked to the supermarket the shells clacked satisfyingly in the bag by my side – I felt rich, rich. And then I woke up and went to my real bank and there was nothing there for me at all, they’d completely run out of money. Not a bean.
Ou sont les magasins d’antan? As well as the big ones, the small ones too. The place at the end of the road where I used to get my shoes re-heeled – where did that go? The café with over-priced food but a garden at the back where I could smoke? The minicab office in the next street? With the deadpan Somali driver who’d stop the car and get out and look up at the sky: he said he navigated by the stars, and I never knew whether he was taking the piss. Even with no office to return to, I hope that somewhere he’s still driving. There are very few recession-proof businesses; here is one of them.
The intensive factory farming of money makes it prone to many diseases, some of which can be transmitted to humans. There are government regulations concerning the application of biotechnology to the breeding of money, and there are also ways around them.In the last fifty years that part of the human brain dedicated to devising ways of getting money away from others and into your own hands has increased in size by 4 per cent.
He fell down the stairs. He slipped on the ice. He was coming home from work on Friday night when he got mugged – they took his money, his cards, his identity papers. They flung back his wallet, empty except for the photo of his kids – his kids to whom he’ll say, on Saturday morning, that he fell down the stairs, that he slipped on the ice
Behind this door – which is in a yard in the City of London – is the secret meeting place of a group of underground bankers. (There’s no external handle; you have to whisper the password through the grille on the right.) This group is deeply suspect: they buy books and music, not yachts and ski chalets, and their vocabulary extends beyond that of company reports. They are regarded by the rest of the banking world as heretics – because the whole point of being a banker is to speak in clichés, to have a single-track mind, to buy only the most predictable goods: that way they remain anonymous, almost invisible, and are left alone to get on with their thing.
God is dead (so can’t bail us out). Or couldn’t afford the heating bills for a place this big, or had had it up to here with the regular early-hours racket outside the lap-dancing club at the end of the street. Whatever the reason, he’s gone. But he left no forwarding address, so the mail just keeps piling up inside the door.
From Open Dalston, 20 December & 11 February 2014:
From Hackney, That Rose-Red Empire* by Iain Sinclair:
Once a street is noticed it’s doomed. Endgame squatters, slogans. DALSTON! WHO ASKED U? PROTECTED BY OCCUPATION. Torched terraces. Overlapping, many-coloured tags. Aerosol signatures on silver roll-down shutters. Scrofulous rubble held up by flyers for weekend noise events. THIS WORLD IS RULED BY THOSE WHO LIE. They said, the ones who make it their business to investigate such things, that there was a direct relationship between properties that applied for conservation status and arson attacks, petrol bombs. Unexplained fires. Moscow methods arrived in town with the first sniff of post-Soviet money. Russian clubs were opening in the unlikeliest places. We no longer had much to offer in the way of oil and utilities, energy resources, but we had heritage to asset-strip: Georgian wrecks proud of their status.
* Hamish Hamilton, 2009.
D.S.: The shameful saga of Dalston Lane is a microcosm of the fate of the East End as a whole: a sorry mash-up of corporate and council greed flying under the discredited banner of ‘regeneration’. The cynical, Blairite language of contemporary urban development expressed by developers and local authorities deserves a study in itself: ‘affordable housing’ (i.e. ‘unaffordable affordable housing’); councils ‘competing’ with other boroughs for resources (food? water? air?); ‘conservation-led schemes’ (wherein conservation is a synonym for demolition – along the lines of, ‘We had to demolish the terrace in order to conserve it.’). It is language that might have been invented by Orwell. The fact that a Labour council is responsible for such wanton cynicism towards its own residents is deeply depressing and makes one despair for the fate of the city. The death of Dalston Lane is the death of London.
For further reading on this long-festering matter, see Bill Parry-Davies’ site Open Dalston.
Playground, Rotherhithe. © David Secombe 1988.
From The Lancet, August 23, 1884:
Burying Cholera Patients Alive
It is not so much undue haste as inexcusable carelessness that must be blamed for the premature burying of persons who are not really dead. Such heedlessness as alone can lead to the commission of this crime is not a shade less black than manslaughter. We speak strongly, because this is a matter in regard to which measures ought to be at once taken to render the horrible act impossible, and to dismiss all fear from the public mind. If it be a fact, as would seem to be indisputable, that during the last few weeks there have been cases we will not attempt to say how many or how few of burying alive, a scandal and a horror, wholly unpardonable in the last quarter of the nineteenth century, have to be faced; and the sooner the full truth is known and rules of safety established the better.
Let it be once for all decided that measures shall be taken to ascertain the fact of death before burial. Why not revert to the old practice, and always open a vein in the arm after death, or pass a current of electricity through the body before the coffin is finally screwed down? It may be held that these unpleasant resorts are unnecessary. We do not think they are. In any case enough is known of the possibilities of ‘ suspended animation’ to render it unsafe to bury until the evidences of an actual extinction of life are unmistakable ; and, as it is impossible to wait until decomposition sets in in all cases of death from infectious diseases, it would be prudent to adopt what must certainly be the least of evils.
Air raid shelter sign, Jerningham Road, New Cross, SE14. Photo © David Secombe 2010.
Today marks the 67th anniversary of the worst single bombing incident of the 2nd World War – when a V2 rocket scored a direct hit on a Woolworths store in New Cross. The V2 hit Woolworths when it was crowded with Saturday morning shoppers: the official death toll was 168, but it was often said that the real figure was much higher – although it seems unlikely that a significantly higher casualty number could have been withheld until now.
The V2 was unlike the earlier ‘Vengeance Weapon’, the V1 (A.K.A. ‘doodlebug’, a cruise missile) in that it was impossible to detect – let alone intercept – before it exploded. The first impact in Chiswick in September 1944 was first thought to have been caused by a gas explosion. Their sudden deployment was a source of grave concern to Churchill, and prompted the construction of deep-level air raid shelters in Bloomsbury, Clapham and Stockwell. South and east London received a disproportionately high number of V-strikes, largely because of a British intelligence coup: the double agent Eddie Chapman managed to convince his Nazi ‘handlers’ that V1s were overshooting the centre of London (they weren’t), hence the rocket launchers recalibrated and bombs began falling on Brockley, Woolwich, Deptford, Catford, Barking, Ilford, etc., and across Kent and Surrey.
The literal impact of these weapons may still be seen in London, where pockets of undeveloped bombsites remain – like the dead spot on Tottenham Court Road opposite Heals, final destination of a V2. South London is peppered with anomalous green spaces or abrupt changes in architectural style on a residential street, characteristic traces of Vengeance weapons. Perhaps the most bizarre legacy of the V2 campaign was the subsequent career of the project’s architect, Werner von Braun. The majestic Saturn V rocket which took Neil Armstrong towards the Moon was von Braun’s creation, the end result of his wartime experiments in rocketry and ballistics. As for Woolworths, they’ve put up a plaque. There is an Iceland store there now.
Caryatids, St. Pancras New Church, Euston. Photo © David Secombe, 2010.
From Georgian London, John Summerson, 1945/69:
St. Pancras is the queen of early nineteenth century churches; its architecture earns it the title, as much as its size and cost. Inwood’s flair for recapturing that nervous intensity of Greek architecture of the fifth century is very remarkable, and he seems to have had no difficulty in applying it to the commonplace objects of English practice.
The church stands on the corner of the Euston Road and Upper Woburn Place . It was consecrated in 1822, and was the most expensive church of its time – it was, in fact, the most expensive church in London since St. Paul’s. The father and son team of William and Henry Inwood won the competition to design the building and produced a church in the Greek revival manner, complete with a pair of pavilions modelled on the Acropolis’ Temple of the Erectheum. (Henry Inwood had travelled much in Greece and is generally considered to have been the dominant force in the design of the building.) The terracotta caryatids that guard the crypt are a clear echo of their ancient Greek forbears – one of which resides at the British Museum, part of that long-contested group known collectively as the Elgin Marbles. On July 7 2005, a suicide bomber detonated a bomb on board a number 30 bus which had just passed the church, proceeding down Upper Woburn Place before its destruction in Tavistock Square. The steps of St. Pancras were one of the sites for floral memorials to mark the tragedy.
© David Secombe 2011.
Batson Street, W12, 2007. Photo: © Jack Robinson.
From Days and Nights in w12* by Jack Robinson:
The white roll in this skip is not posters for a film that’s no longer showing or rejected samples from an advertising agency but drawings of a Macedonian girl who speaks almost no English but has a body to die for. The drawings were made by the American artist W. K. Teevald; during his month-long stay in London, where he’d come to supervise the hanging of a retrospective exhibition of his work, he checked out of his hotel and moved in with this girl, and he considers the drawings to be the best work he’s done for years. On the day of his return flight to Los Angeles the taxi he’d ordered didn’t arrive, so he loaded his bags into the only car available from the nearest minicab office. The drawings were strapped onto the roofrack. ‘No problem, mister, the Lord is good, he will take best care,’ said the driver as he yanked on the rope and knotted it. He looked about twelve years old and was grinning; he could have been making a joke, except that the Virgin Mary was stickered all over the dashboard and a crucifix dangled from the rear-view mirror. When they arrived at the airport the roofrack was bare: not even a shred of rope was clinging to the metal frame. The driver demanded twice the fare that had been agreed before they’d set out and followed Teevald into the departures hall, pleading for justice and if not justice then charity, until he was turned away by security guards.
© Jack Robinson.2011.
* CB Editions 2010.