First among these peoples, in point of time, were the Egyptians. Three
thousand years before Christ, at the time when the great pyramids were
built, this people had already attained a developed civilization,
which, in the opinion of modern scholars, can be traced back even
thousands of years more. The Egyptians, however, were not a commercial
people. Their main resource was agriculture, and though they developed
some of the industrial arts to great efficiency they used the products
for direct consumption rather than for trade. Their country, a strip
of the Nile valley over five hundred miles long, and but a few miles
wide, was so much alike in its different parts that it offered little
inducement to internal exchange over great distances; while its
isolation by deserts was a bar to the growth of foreign commerce. The
sea, in this early period, was a hindrance, rather than a help, to
communication.
=7. Rise of Egyptian commerce; characteristic wares.=—Egypt never
became a commercial country so long as it remained under its native
rulers. With the period known as the New Empire, however, beginning
about 1600 B.C., commerce at least became more important than it had
been before. Regular communication was established with Asia, and
caravans brought to the country the products of Phœnicia, Syria, and
the Red Sea district. Before the eyes of Joseph and his brethren
“behold, a company of Ishmaelites came from Gilead with their camels
bearing spicery and balm and myrrh, going to carry it down to Egypt”;
to this caravan Joseph was sold as a slave. The wares named here were
characteristic imports of Egypt; among others were precious woods,
ivory, gold, wine, and oil. Among the exports of the country were
grain, linen, and manufactured wares like weapons, rings, and chains.
Even to a late period trade was carried on by barter, the use of coins
being rare, and many of the imports came as tribute, for which the
Egyptians needed to make no return.
=8. Development of Egyptian commerce in a later period.=—Only in the
last period of Egyptian independence, a few centuries before the
country was conquered by Alexander, did commerce bind it closely to
other portions of the ancient world. The government, which formerly had
discouraged trade, now permitted and encouraged it; Greek merchants
came in considerable numbers to Egypt; and an active commerce sprang
up. It is said that Necho, the king who ruled about 600 B.C., sent
out Phœnician sailors to attempt the circumnavigation of Africa; and
the same king took up the work of cutting a canal across the isthmus
of Suez which was completed shortly afterward. The canal was allowed
to fill up with sand, but was reopened later, and its course may be
distinctly traced, it is said, along the route of the modern canal.
Public-domain text, read in full here on John Shaqi.
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