(2) Prohibitions to export goods, now rare in national policy (though
suggested recently to keep English coal at home), were common in the
town policy, when the supply of necessaries was small. “No butcher, or
wife of a butcher, shall sell tallow or lard to a strange person for
carrying to the parts beyond sea; by reason of the great dearness and
scarcity that has been thereof in the City of late.” “No person shall
carry corn or malt out of the City, under penalty of forfeiture.”
(3) The modern idea of protection was applied by the towns in a number
of different ways. Bread from one part of London could not be sold in
another part, which formed a separate jurisdiction. The protection at
this period was attained more commonly, however, by aiming it against
persons rather than wares; the merchant always accompanied his wares
at this period, so it was easy to discriminate against “foreigners,”
by making them pay special dues from which members “of the franchise,”
_i.e._, townspeople, were excepted, and by restricting their chances
for profit. Reference has been made above to the monopoly of retail
trade reserved to townspeople and designed to protect the “home market.”
=57. The market and its regulations.=—(4) The market was an institution
used in this period to regulate trade for the benefit of the
townspeople; the name is applied now especially to meat shops simply
because regulations were imposed on butchers after other dealers were
freed from them. The townspeople were afraid that traders bringing
provisions for sale could impose on their needs and force higher
prices by making separate individual bargains. Therefore they required
the country people to bring their provisions to a certain place
(market-place) at a certain time, that they might have the benefit of
competition among sellers; and tried to force the traders to sell out
their stock before the close of the market. That all the townspeople
might have an equal chance they were forbidden to buy goods on their
way to market (“forestalling”); to buy larger amounts than they needed
(“engrossing”); and to buy goods for retailing before the ordinary
consumers had supplied their needs (“regrating”). After the close of
the market the town shop-keepers looked after the needs of retail trade.
Ignorance and distrust were still so powerful in the town period that
merchants were subject to constant supervision; they had to employ
officials to weigh and measure for them, and could not employ brokers
to hunt up customers unless the agents were also officials acting under
oath.
Public-domain text, read in full here on John Shaqi.
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