=73. Privileges of merchants trading at a fair.=—The fair ordinarily
grew up under the protection of some feudal lord, secular or
ecclesiastical, who endeavored in every way to further its growth
that he might increase his revenue from the taxes he imposed on it.
The lord of a fair endeavored to attract merchants by guaranteeing
them protection on their way, and there were many cases in which the
lord took up the cause of merchants of his fair who had been robbed
or maltreated by others, and forced restitution. Furthermore, he
endeavored to secure exemption from tolls for wares on the way to his
fair, and sometimes merchants on their way to a fair were freed from
the attachment of the person for debt. Inside the fair a freedom of
trade was allowed which was unusual at the time, and various special
privileges were granted the merchants. The most important of these
was a special court in which cases of breach of contract and the like
could be tried. It was called the Court of Pie Powder (Pie, French
_pied_, foot; _curia pedis pulverizati_, court of dusty foot) from the
dusty feet of the merchants, or, as some said, because justice was
done as speedily as dust would fall from the foot. At any rate this
court did give a rough and ready means of settling commercial disputes
by referring them to a committee of traders, which was highly prized
because commercial law was still in its infancy, and no justice could
be looked for in a manorial or a feudal court.
=74. Great fairs in Europe. The fairs of Champagne.=—It would be
possible to give a long list of fairs, for every country of Europe had
them in varying number at different times. The oldest was probably that
of St. Denis at Paris, which may have been founded (as its patrons
alleged) in the seventh century, and which was certainly in active
operation long before the time of Charlemagne. In a later period
another Paris fair, that of St. Germain, became more important, and
later still the fairs in the French province of Champagne became the
most flourishing in Europe. The prosperity of these fairs was due in
part to their geographical position, which made them a natural trade
center and distributing point when commerce on land was more important
than that on sea, but still more, apparently, to the good government
and wise policy of the Counts of Champagne. The Counts gave sufficient
protection both at home and abroad, maintained regular and reasonable
dues, and did everything to stimulate the confidence of the merchant
class. They got an enviable reputation by their strictness in forcing
the proper execution of contracts made at the fairs, and took such
precautions to assure the payment of debts contracted there that some
merchants (or bankers) went to the fairs simply to loan money.
[Illustration:
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