next few years she lived the life of a Kitty Fisher or a Fanny Murray – a gilt-edged Cyprian – selling her favours, like Danae, for no less than a shower of gold. Of all her patrons, the most faithful and generous by far was a rich Jew moneylender named Salvadore, whose name remains still as a landmark in the purlieus of the metropolis. Good Lord Granby is said to have visited her out of mere affection. Among others, it was whispered that Henry Frederick, a gentleman of easy virtue, like all Dukes of Cumberland, became one of her intimate friends. Possibly she may have listened to couplets from the Essay on Women, for patriot Wilkes, the member of Parliament for the county of Middlesex, is believed to have cultivated her society, going to the extent of finding her a home at Lambeth. Peers flocked to Hollen Street or Meard’s Court to pay her homage. A favourite device of hers was to impersonate a boarding-school miss or a lady of quality. Few women of pleasure have possessed the fertile imagination of Mrs Margaret Caroline Rudd.
In May 1770 she met the foolish Daniel Perreau – not stupid from the woman’s point of view, since he was a dashing dog with a taste for all the pleasant things in life – and in an unlucky moment she accepted him as her protector. However, in other respects, although he had travelled far over the world, his intellect was no mate for hers. In business he had been a failure both at home and abroad. Three times, it is recorded, he was obliged to make composition with his creditors. Only a fortnight before his alliance with the bewitching Irishwoman his certificate of bankruptcy had been signed. Still, he was a man suited to the fair Margaret’s taste, handsome, gay, and genteel, with a complacency that paid no regard to her methods of raising money – a partner, in short, who gave her back the status in society that she had forfeited.
Naturally, Daniel was more than satisfied with his beautiful companion, allowing her to pass as his lawful wife, forming an establishment for her in Pall Mall Court – the cost of which, since Salvadore and others were as lavish as ever, she appears to have provided. Golden dreams had captured his silly brain, and he believed that Exchange Alley would bring a more propitious fortune than vulgar trade. Funds could be obtained from his dear Mrs Rudd. Secret news from the French Embassy was furnished by his confederate, one Colonel Kinder – an Irish soldier. It would be easy to cut a brilliant figure at Jonathan’s, and restore his shattered credit. Thus, relying upon certain information, he insured the chances of war with Spain; but the Falkland Island convention happened to bring peace, and Daniel Perreau suffered his first big loss in the Alley.
Still, this did not deter him, for the finances of Mrs Rudd seemed inexhaustible, and sometimes he made a lucky stroke himself. In addition to her pretended fortune, which Daniel knew was not bequeathed by any relative, she declared to her friends that a windfall had come to her in the shape of an annuity of £800 a year from Mr James Adair, the wealthy linen-factor of Soho Square. This kinsman of the Pall Mall agent chanced to be acquainted with the maternal uncle of Margaret Caroline Youngson – a tenant farmer of Balimoran, County Down, John Stewart by name, another unlawful offspring, possibly, of the amorous major of the house of Galloway – and, after the custom of a man of the world, as he is described, he became even more interested than the royal duke in the fortunes of the pretty niece. It is doubtful whether his generosity reached the sum named, but with so many sources of income strict accuracy in detail may have been difficult to Mrs Rudd. Indeed, the despicable Daniel Perreau did not require them. It was a great thing to boast at Jonathan’s that his wife was a connection of one of the great Adairs. With such a surety funds might be borrowed easily.
Apparently, being much attached to her protector, Margaret Rudd was quite content to live with him in their humble quarters in Pall Mall Court, and to present him at appropriate intervals with pledges of their mutual ardour. Probably she shared his golden visions, hoping for future affluence. At all events, she gained no monetary advantage from the connection. Moreover, it was not until the beginning of the fatal year that she was mistress even of a house of her own, for the elegant residence on the west side of Harley Street was purchased on the 31st of December 1774.
Brother Robert watched with amazement the progress of the fortunes of his twin, for it was wonderful that bankrupt Daniel should be able to live in decent lodgings with a stylish lady, to pursue fashion in all its vagaries, and to throw about money in the Alley. A different man this Robert – solemn, laborious, and intelligent, making a hard-earned income of a thousand pounds a year. Nevertheless, his soul soared above his gallipots. It was his ambition to make a figure in the world, so that his wife could woo society with drums, routs, hurricanes. When he looked around he saw that fortunes were being won on every side. A wave of prosperity was bearing the empire on its crest. The Great Commoner had wrenched America and India from the hereditary enemy. To these vast markets British seamen were carrying the exports of their country. At home, the clever inventors of the North, Watt and Arkwright, Hargreaves and Brindley, had increased the powers of production a thousandfold. England was setting up shop on a scale undreamt of hitherto in the world’s philosophy. Why spend one’s life in dispensing pukes and boluses, thought apothecary Robert, when the Alley is open to all who dare take advantage of this golden age?
Since this was his character, brother Daniel and his pretty chère amie soon tempted the misguided man to share their fortunes, glad to seek the cover of his reputable name to fashion new and more desperate schemes. For earls and bishops were clients of the apothecary, and ‘honest Perreau’ was one of his appellations. Yet to preserve the co-operation of such respectability a pleasant little piece of fiction had to be maintained. Brother Robert, not a fool by any means, was willing to assist their plans, but only in the character of an ingenuous agent; a method – as, no doubt, he pointed out – that must disarm all suspicion. Thus, when he canvassed his friends to advance money on bonds in pursuance of the new policy, he would be able to pose as the emissary of his sister-in-law Mrs Daniel Perreau and her doting relatives Messrs James and William Adair. Indeed, there was a letter in his pocket, authorising some such scheme, which, not being penned by the Pall Mall agent, probably was the work of the clever woman who could give imitations of other people’s handwriting. Such a letter would be useful in case his possession of an Adair bond was questioned, but most useful of all – and this most certainly Mr Robert Perreau would not point out to his confederates – in making him appear a guileless dupe in the hands of an artful woman. Very cleverly had he arranged the saving of his own skin, this sly, precise apothecary.
For no game could be more hazardous than the one which the guilty trio continued to pursue. Forgery was needful to cover forgery. As one bond became payable another had to be discounted to provide the money. A couple of bonds to the value of nearly £8000 were cashed by banker Mills in the City. On two others the large sums of £4000 and £5000 had been advanced by Sir Thomas Frankland. In this way more than a dozen were negotiated during the twelve months that preceded the discovery. All were signed with the name of the army agent – the pretended benefactor of Daniel’s wife – and their total value reached the huge sum of £70,000. Thus the Perreaus had been able to continue their speculations in Exchange Alley. Their sole chance of coming out of the mischief scot free was a lucky stroke at Jonathan’s, or the death of one of their victims.
Public interest in the case was aroused no less by the personality of the prisoners than by the mystery surrounding the actual criminal. For the brothers on one side, and Mrs Rudd on the other, told two wonderful and contradictory stories. This most artful of women, whined the Messrs Perreau, using consummate guile, had revealed to them gradually a dazzling and enticing prospect. First Mr James and then Mr William Adair was represented as the lavish benefactor of their beautiful relative. Yet such was the modesty of these capitalists, that although they declared their intention of procuring a baronetcy for Daniel, and an estate in the country for Robert, besides setting up the twins as West-End bankers, they would communicate with Mrs Rudd alone! Moreover, such was the impecuniosity of these wealthy men that they were able to carry out their benevolent intentions only by the aid of notes of hand! However, the brothers protested that these assurances had been given to them by the lady, and that all the forged bonds had been received from the fair Margaret Caroline by innocent Daniel or ingenuous Robert, in the belief that the Messrs Adair, who had signed them, intended a gratuitous present. A most happy stroke of luck, coinciding fortunately with the period of their bold speculations at Jonathan’s!
