=141. Rise of a national commercial policy.=—The rise in power of the
central government in countries like England and France is proved by
the appearance, toward the close of the Middle Ages, of a national
commercial policy. The reader will remember that even in these
countries the towns were at first so independent that each adopted a
commercial policy of its own; as though, nowadays, for instance, Boston
and New York and Philadelphia should each have its own independent
tariff and set of commercial regulations. A merchant of Dover was
a foreigner in Southampton, and if he wanted to collect a debt due
him from a Southampton merchant he would appeal, not to the central
government and the law of the land, but to the Dover government; and
the Dover government would put pressure on the Southampton government,
perhaps by arresting any merchant from Southampton and holding his
goods, until the debt was paid. About 1300 the English king was at last
strong enough to make general regulations in matters like this of the
collection of debts, and about the same time he established a national
tariff at the ports, as a regular system, and forced the various towns
to give up the right to levy what dues they pleased. A similar change
took place in France at nearly the same time; the idea grew strong that
the general interest of all Frenchmen was superior to the particular
interests of any town or individual, and the people of France began to
look to the king instead of to the local authorities for protection and
control.
=142. Medieval ideas on commerce.=—When commerce was undeveloped and
only an incidental feature in the economic life of peoples, those high
in authority in church and state held ideas of it which have faded away
as commerce has proved its power and shown its benefits. Many kinds
of commerce, including some forms of money-lending now considered
legitimate, were prohibited because they seemed to give a man something
for nothing. In ordinary trade one man was thought to make his profit
at the expense of another, and government was always vigilant to
protect the weaker party. A government, moreover, looked on foreign
commerce rather as a privilege of its citizens than as their right,
and used it freely as a political weapon instead of considering it an
economic necessity. The ports of the kingdom were the “king’s gates,”
which he could open or close at his pleasure, to further his royal
policy.
=143. Characteristic features of commercial policy.=—Among the
characteristic features of national economic policy in the later
centuries of the Middle Ages we find the following:
(1) Export and import could be carried on only by favor of royal
license, which was granted to and withdrawn from groups of natives and
foreigners as suited the king’s ideas.
(2) The export of necessaries was frequently prohibited (as had
previously been the custom with the towns), to increase the supplies of
the kingdom and keep an enemy from getting the good of them.
Public-domain text, read in full here on John Shaqi.
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