When the Turks took Constantinople they did little to interfere with the existing order of things: the Genoese and Venetians got their capitulations renewed; the right to have disputes with their fellow-countrymen decided by their own authorities; the right to have questions between them and Ottoman subjects decided only in presence of a Venetian interpreter; exemption from the tax imposed on Christians in lieu of military service; and the right to appoint their own magistrates in Constantinople. Being a nomadic race, the Ottoman Turks cared little for commerce: their ships were the caïques of the Greeks; their emperors wrote their decrees in red ink, as their Greek predecessors had done; and to the foreign traders who flocked to Constantinople they gave the same privileges that the Greek emperors had done, and, as far as they were concerned, the _status quo_ was maintained. Meanwhile trade was passing westwards; the time was come when the Portuguese, the French, and finally the English were to succeed the Italian republics as the commercial nations of the world. In 1536 Sieur Foret arranged a capitulation for the French between Sultan Solyman I and Francis I, and the essential articles of this treaty have been often redrawn and embodied in many treaties with the different European Powers, and still remain as the foundation of the many treaties under which foreigners now live in Constantinople: matters of dispute between Frenchmen were to be decided only by their own authorities; questions between Frenchmen and Turks were to be decided only in the presence of the French dragoman; they could appoint their own magistrates, and were exempt from the _harach_. This was the first of what we may call the modern capitulations, by which the Western nations have obtained their footing in Constantinople; they are by no means an invention of the Turks, but a distinct inheritance from the old Byzantine days, which they were compelled to adopt, and which has turned out to be as great a boon to the Mussulman as to the foreigner who obtained it. In proportion to the exigencies of the Turk and his want of money, the system of capitulations has increased in strength. Encroachments have occurred; fresh clauses have had to be introduced to meet the subtleties of the Turk; the so-called _avanias_, of which we shall hear more in Dr. Covel’s diary, had to be combated; but, nevertheless, the progress has been continuous, and no Company has contributed more to the success of the foreigner on Turkish soil than the “Turkey Merchants” of England.