OAKHAM, or OAKHAM-LORDSHOLD, a parish and market-town, in the soke of OAKHAM, county of RUTLAND, of which it is the' chief town, 95 miles (N. N. W.) from London, containing, with Oakham- Deanshold, which includes the chapelry of Barleythorpe, 2160 inhabitants. This place is situated in the luxuriant vale of Catmose, so called from the woods with which it abounded (Coet-maes signifying, in the British language, a woody plain), and is supposed to have derived its name from the oaks which formerly grew in the vicinity. A castle, of which there are still some remains, was erected here soon after the Norman Conquest, by Walkelin de Ferrars, in relation to which a singular custom still prevails; but whether originating ,with the family of Ferrars, whose arms are three horseshoes, or of later origin, has not been distinctly ascertained. Every peer of the realm, on first passing through the town, is compelled to give a shoe from the foot of one of his horses, which, upon his refusal, the bailiff of the lordship may take by force, or, in commutation, a sum of money for the purchase of a horseshoe, to be nailed upon the castle gate, or placed in some part of the building. Among many of different sizes, in proportion to the sum paid for the purchase, and of which some are gilt and stamped with the donor's name, with which various parts of the castle are decorated, are those of Queen Elizabeth, the late Duke of York, and the late king, George IV., when Prince Regent. Richard'II. having advanced Edward, son of the Duke of York, to the earldom of Rutland, assigned to him the castle, which, in the reign of Henry VIII., was the baronial seat of Thomas, Lord Cromwell. Of the ancient building the hall only is remaining, in which the assizes are held, and the public business of the town and county is transacted 5 the other parts are in ruins. The houses are neatly built, and the inhabitants are amply supplied with water. The town formerly enjoyed the staple of wool, and many French merchants settled in it, of whose descendants several may still be traced among the present inhabitants. A silk-manufactory was established here about three years since, chiefly for weaving silk shag for covering hats j but the town is hot at present distinguished for trade, though it possesses the advantage of a canal to Melton-Mowbray in Leicestershire, by which coal is brought from Derbyshire, and corn sent to Manchester and Liverpool. The; market, which is well supplied with corn, is on Saturday; the fairs are on March 15th, May 6th, September 9th, under the original charters, and on February 4th, April 9th, June 2nd, July 16th, August 13th, October 15th, November 19th, and December 15th, which have been established within the last thirty years, and are principally for the sale of cattle. The town is within the jurisdiction of the county magistrates; and courts leet are held annually by the lord of the manor of Lordshold, and triennially by the Dean of Westminster, who is lord of the manor of Deanshold, for the election of parochial and other, officers. The assizes and quarter sessions for the county, and the election of knights of the shire, take place in this town. The common- gaol and house of correction for the county is a commodious edifice, containing seven wards, seven work-rooms, and the same- number of day-rooms and airing-yards, for the classification of prisoners. The living is a vicarage, with the perpetual curacies of Brooke and Langham, in the archdeaconry of Northampton, and diocese of Peterborough, rated in the king's books at £28. 3. If., and in the patronage of George Finch, Esq. The church, dedicated to All Saints, is a spacious structure, chiefly in the later style of English architecture, with a fine tower, surmounted by a lofty spire. There are places of worship for Baptists, the Society of Friends, Independents, andWesleyan Methodists. The free grammar school was founded, about 1584, by the Rev. Robert Johnson, Archdeacon of Leicester, who also founded a similar school at Uppingham; these schools, to each of which an hospital for the relief and support of poor persons is annexed, were incorporated by Queen Elizabeth, who endowed them with certain alienated ecclesiastical property, producing an income of more than £3000 per annum, and placed them under the control of twentyfour governors, including the Bishops of London and Peterborough, the Deans of Westminster and Peterborough, the Archdeacon of Northampton, and the Masters of Trinity and St. John's Colleges, in Cambridge; these schools, the masters of which receive a salary of £150, and the ushers one of £120 each, are open gratuitously to all boys of the towns of Oakham and Uppingham, whose parents cannot afford to pay, and, upon moderate terms regulated by the governors, to others of those towns. There are belonging to them twenty exhibitions, of £40 per annum each, tenable for seven years, to any of the colleges of Oxford or Cam- bridge; four scholarships of £24 per annum each, in Emanuel College; four of £20 per annum each, in Sidney Sussex College; four of £ 13 per annum each, in Clare Hall j and four in St. John's College, Cambridge, founded by Archdeacon Johnson, in the gift of the master and senior fellows, with preference to boys from Oakham and Uppingham schools; and two exhibitions, of £40 per annum each, founded by W. Lovett, for the sons of graduated clergymen, who havebeen for three years in the schools of Oakham or Grantham. In the hospitals annexed to them were originally twenty-eight aged men, the number of whom has been augmented to one hundred, who receive each £10 per annum at their own dwellings, the buildings of the hospitals being occupied by the schoolmasters for the accommodation of boarders. The hospital of St. John and St. Anne, originally founded about the 22nd of Richard II., by Walter Dalby, for two chaplains and twelve aged men, and of which at the dissolution the revenue was £12.12. 11., was refounded in the reign of Elizabeth, by Archdeacon Johnson, who enlarged the endowment:" there are at present twenty aged men on this foundation, who receive each £6 per annum at their own dwellings, the buildings of the hospital, with the exception of a house for the warden, who has a salary of £ 15 per annum, and in which the sub-warden, whose salary is £ 10 per annum, at present resides, a chapel, and four separate tenements under one roof, having fallen to decay. A National school, established in 1816, is supported by subscription. There are also several charitable bequests for distribution among the poor. Geoffrey Hudson, a dwarf only three feet nine inches in height, was a native of Oakham; he was of mean parentage, but became page to Henrietta Maria, consort of Charles I., and during the civil war he was a captain of cavalry in the king's service; after which he went to France with his mistress, and there fought a duel and killed his antagonist; in the reign of Charles II., he suffered imprisonment as a Roman Catholic, on account of the pretended Popish plot; and being discharged; died in poverty about 1682.