An Introduction to the Industrial and Social History of EnglandCheyney, Edward Potts
History
An Introduction to the Industrial and Social History of England
Cheyney, Edward Potts
Great Britain -- Economic conditions; Great Britain -- Maps; Industries -- Great Britain
*21. Foreign Trading Relations.*--The regulations and restrictions of
fairs and town markets and gilds merchant must have tended largely to
the discouragement of foreign trade. Indeed, the feeling of the body
of English town merchants was one of strong dislike to foreigners and
a desire to restrict their trade within the narrowest limits. In
addition to the burdens and limitations placed upon all traders not of
their own town, it was very common in the case of merchants from
abroad to require that they should only remain within the town for the
purpose of selling for forty days, and that they should board not at
an inn but in the household of some town merchant, who could thus keep
oversight of their movements, and who would be held responsible if his
guest violated the law in any way. This was called the custom of
"hostage."
The king, on the other hand, and the classes most influential in the
national government, the nobility and the churchmen, favored foreign
trade. A series of privileges, guarantees, and concessions were
consequently issued by the government to individual foreign merchants,
to foreign towns, and even to foreigners generally, the object of
which was to encourage their coming to England to trade. The most
remarkable instance of this was the so-called _Carta Mercatoria_
issued by Edward I in 1303. It was given according to its own terms,
for the peace and security of merchants coming to England from
Germany, France, Spain, Portugal, Navarre, Lombardy, Tuscany,
Provence, Catalonia, Aquitaine, Toulouse, Quercy, Flanders, Brabant,
and all other foreign lands. It allowed such merchants to bring in and
sell almost all kinds of goods, and freed them from the payment of
many tolls and payments habitually exacted by the towns; it gave them
permission to sell to strangers as well as to townsmen, and to retail
as well as sell by wholesale. It freed them from the necessity of
dwelling with native merchants, and of bringing their stay to a close
within a restricted time. Town and market authorities were required by
it to give prompt justice to foreigners according to the law merchant,
and it was promised that a royal judge would be specially appointed to
listen to appeals. It is quite evident that if this charter had been
enforced some of the most familiar and valued customs of the merchants
of the various English towns would have been abrogated. In consequence
of vigorous protests and bitter resistance on the part of the townsmen
its provisions were partly withdrawn, partly ignored, and the position
of foreign merchants in England continued to depend on the tolerably
consistent support of the crown. Even this was modified by the steady
policy of hostility, limitation, and control on the part of the native
merchants.
Public-domain text, read in full here on John Shaqi.
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