Trench H. Johnson, Phrases and Names, Their Origins and Meanings
“ Elephant and Castle. The famous landmark in South London derived its sign from the arms of the Cutlers’ Company. A tavern in St Pancras parish took its sign from the skeleton of an elephant, beside which was a flint-headed spear, dug up in the neighbourhood. The connection between these and the battle fought by the followers of Queen Boadicea against the Roman invaders was unmistakable.Elephant stepped on his Purse. An Americanism implying that a creditor or some unlucky speculation has squeezed all the money out of a man. ”
