Statue of Charles II, Royal Hospital Chelsea Christopher Wren and construction continued from 1682 to 1691. The statue of Charles was commissioned by Tobias Rustat, a member of the king's court and was designed by Grinling Gibbons in about 1682. Gibbon's fee was £500. The statue originally stood elsewhere and was moved to the Royal Hospital after Charles's death in 1685. Annually, on 29 May, Oak Apple Day, the traditional day for the celebration of the Restoration in 1660, the statute is wreathed with oak leaves. The statue is of brass and was originally gilded in bronze. It has been re-gilded subsequently to commemorate the Golden Jubilee
Usury Act 1660 Usury Act 1660 The Usury Act 1660 is an Act of the Parliament of England (12 Car. II. c. 13) with the long title "An Act for restraining the taking of Excessive Usury". The purpose of the Act was to reduce the interest rate from 8% to 6%. The legislation had been enacted in 1651 under the Commonwealth, but this Act was passed to confer legality on the measure following the Restoration of Charles II after the English Civil War. It was amended by the Usury Act 1840 (3&4 Vict, c.83), the Usury Act 1841 (4&5 Vict, c.54), the Usury