=232. Enlargement of the commercial area.=—Beyond these nearby
districts English merchants were building up an important trade with
Spain and Portugal in the South, and with the Scandinavian countries
in the North, where the Hanseatic League was now unable to hold its
own. English ships were voyaging further still. Bristol merchants like
Sturmys and Canning built up merchant fleets of considerable size, and
sent them as far as the eastern shore of the Mediterranean and the
coasts of Iceland and Finland. A London grocer recorded in his diary
about 1550 the voyage of an English vessel to “Russier” laden with
“English bookes of the Scriptures” and with other wares which probably
sold to better advantage.
Nor have we yet reached the limit of English voyages. American readers
are familiar with the exploits of the Cabots, which began a series
of frequent voyages to America, and which were followed by daring
expeditions to the far North in search of a passage to India, either
east or west. These distant voyages were too venturesome as yet to
be the means of regular commerce; they sought rather discoveries or
plunder. The English merchant who went outside the narrow circle of
civilized Europe turned his hand chiefly to smuggling, kidnapping,
robbery, and murder. John Hawkins shared with Queen Elizabeth the
profits of the African slave trade, and was proud to add to his coat of
arms a demi-Moor proper, bound with a cord, to record his achievements.
=233. Relative standing of the English ports.=—An idea of the relative
rank in foreign commerce of the English ports can be gained from the
proportions which they contributed to the customs revenue. The most
striking fact is the immense lead of London over other ports, like that
of New York in the United States now; it contributed half of the total
in the time of Henry VII (say 1500). The second port, Southampton, fell
in this period from 18 per cent to 9 per cent; the Flanders galleys had
ceased coming, and the Guinea trade, by which it revived later, had not
yet begun. Newcastle upon Tyne paid 5 per cent of the total, while the
port of Bristol, destined to be later the great haven for the American
trade, paid only 3 per cent and was exceeded by Boston. No other port
than those named contributed as much as 3 per cent of the total customs
revenue. The list of minor ports comprises some which had been great
in the Middle Ages but which were now rapidly declining in relative
importance (Ipswich, Sandwich, etc.), some, like Hull, which were
destined to grow in importance, while great modern ports like Liverpool
and Cardiff are not yet heard of at all.
[Illustration:
SPHERES OF TRADE OF
ENGLISH COMPANIES
IN THE EARLY 17th CENTURY
]
Public-domain text, read in full here on John Shaqi.
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