To The Stock Exchange

By Thomas William Hodgson Crosland

        (On its Centenary)         My dear Stock Exchange, -         I am given to understand         That to-day you are a hundred years old,         And that to-day therefore         You will celebrate         What nine men out of every ten of you         Call your "Centeenary"         By taking a whole holiday instead of a half one.         It would be easy for me, my dear Stock Exchange,         To present you         With a sort of illuminated address on this occasion;         But I refrain.         One short year ago         I tumbled into a little money;         It was "not enough to live upon,"         But it was a nice sum.         A man introduced me to a member of the Stock Exchange,         The member of the Stock Exchange introduced me to a little game of "in and out,"         And my five hundred pounds folded its tents like the Arabs -         That is to say, it silently stole away.         It was not the member of the Stock Exchange's fault;         Certainly it was not my fault;         And I will not say that it was the fault of the Stock Exchange.         But I am not giving the Stock Exchange         Any illuminated addresses         At present.         On the other hand, let me assure you         That I believe the Stock Exchange         To be a highly respectable,         Honourable,         And useful institution.         It leaves the court without a stain upon its character.         I say these latter things advisedly,         Because some time back         A friend of mine who writes articles on food supply         Having delivered himself of the opinion         That London's milk was largely water,         Was sued for slander         By the Amalgamated Society of Dairymen's Daughters,         And had to climb down and apologise.         So that on the whole I repeat that, in my humble opinion,         If you want to find         Really sound, white men,         Men of spotless character and impregnable probity,         You cannot do better         Than wend your way to Gorgonzola Hall.         And joking apart, my dear Stock Exchange,         You really are a blessing.         If it were not for you         People with a lot of money,         And people with only a little,         Would simply not lose it.         It would lie in banks and old stockings and kindred receptacles         Till it went mouldy.         You keep things going.         You are the heart of the monetary world,         You pump in the gold,         You pump out all that you don't happen to want.         And you go and live in Maida Vale,         Keep a butler,         Drive two horses,         And change your name from Manassah to Howard.         This "Centeenary" holiday of yours         Gives me much pause.         Supposing, instead of taking a day,         You were to take a year,         What would happen to England?         SHE - WOULD - BE - RUINED!         Yeth, indeed.

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Poem Details

Language: English
Keywords: Public Domain
Source: Public Domain Collection
Rights/Permissions: Public Domain

Analysis & Notes:
This poem is a scathing critique of the British Stock Exchange, employing a tongue-in-cheek tone to expose its corrupting influence. The poem's structure, with its irregular meter and lineation, mirrors the chaotic and unpredictable nature of the financial world. The voice is that of a disillusioned outsider, who has been burned by the Stock Exchange's promises of easy wealth. The use of imagery, such as the five hundred pounds fold[ing] its tents like the Arabs, effectively conveys the idea of money disappearing into thin air. The poem's tone shifts from sarcasm to genuine admiration for the Stock Exchange's ability to keep money circulating, but this admiration is short-lived, as the speaker's concerns about the Exchange's influence on society become apparent. The poem's final sentence, SHE - WOULD - BE - RUINED! drives home the speaker's dire warning about the consequences of unchecked capitalism. A precise observation about the poem is that it uses the Stock Exchange's own celebratory occasion to highlight the darker aspects of its nature, revealing the tension between its public image and its corrupting influence.

Understanding Satirical Poetry

Satirical poems use wit, irony, exaggeration, and ridicule to expose folly—personal, social, or political. The aim isn’t just laughter: it’s critique that nudges readers toward insight or change.


Common characteristics of satirical poetry:

  • Targeted Critique: Focuses on specific behaviors, institutions, or ideas—often timely, sometimes timeless.
  • Tools of Irony: Uses sarcasm, parody, understatement, and hyperbole to sharpen the point.
  • Voice & Persona: Speakers may be unreliable or exaggerated to reveal contradictions and hypocrisy.
  • Form Flexibility: Appears in couplets, tercets, quatrains, blank verse, or free verse—music serves the mockery.
  • Moral Pressure: Beneath the humor lies ethical pressure—satire seeks reform, not merely amusement.
  • Public & Personal: Can lampoon public figures and trends or needle private vanities and everyday pretenses.

The best satire balances bite with craft: memorable lines that entertain while revealing the gap between how things are and how they ought to be.