History of merchant shipping and ancient commerce, Volume 1 (of 4)Lindsay, W. S. (William Schaw)
History
History of merchant shipping and ancient commerce, Volume 1 (of 4)
Lindsay, W. S. (William Schaw)
Commerce -- History; Shipping -- History; Steam navigation -- History
Nor, indeed, did the laws of the Saxon kings afford much encouragement
to the development of trade. Those of Kent, which were considered as
patterns for the other kingdoms, enacted that if any Kentish Saxon
should buy anything in London, and bring it into Kent, he should have
two or three honest men, or the Portreeve (the chief magistrate of
the city), present at the bargain.[472] By the same laws, no man was
allowed to buy anything above the value of twenty pence, except in a
town, and in the presence of a magistrate or some other trustworthy and
responsible witness. Similar, and even greater restraints were imposed
on bartering one commodity for another. In fact, during a considerable
period of time, no bargain could be contracted without the personal
presence of some principal person or chief magistrate as a witness; a
restrictive system, which may have been necessary when few, if any, of
the traders could write, and disputes were frequent and inevitable, but
which, like some laws of much more recent times, seriously retarded the
progress of commerce. It is curious to note that the origin of every
protective or restrictive law, even from the infancy of commerce, has
proposed for its object the securing individual profits or the supposed
safety of the revenue. At this period of English history the king
claimed a portion of the price of all goods imported or sold within his
dominions above the value of twenty pence; a practice which we learn,
from an entry in Domesday, prevailed till after the Norman invasion.
It is there stated that a certain per centage of everything bought or
sold in the borough of Lewes was to be paid to the Portreeve (royal tax
collector), and especially the sum of fourpence for every man sold as a
slave within its boundaries.[473]
[Sidenote: Salutary regulations.]
The limited trade of the Saxons was, however, regulated by some
salutary provisions, such as that preventing the execution of bargains
and sales on Sundays, on which day the people were, without exception,
expected to assemble for the performance of their religious duties.
The contests, on these grounds, between the clergy and people were as
violent then as now, but with this difference, that modern legislation
strikes at the humble retailer, whereas in those days the great
merchant was equally compelled to obey the law. Not that we are to
suppose that no trade was done clandestinely under the guise of these
Religious Assemblies—the origin, no doubt, at least partially, of the
Statute Fairs of later ages—but this is certain, that bargains, though
planned and discussed, could not be completed till the next “lawful”
day.
[Sidenote: Charlemagne’s first treaty of commerce with England, A.D.
796.]
Public-domain text, read in full here on John Shaqi.
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