History of the United Netherlands, 1586-89 — CompleteMotley, John Lothrop
History
History of the United Netherlands, 1586-89 — Complete
Motley, John Lothrop
Netherlands -- History -- Eighty Years' War, 1568-1648
war and emigration was assisting the enemy in preying upon their native
country. Brandschatzung, burglary, highway-robbery, and murder, had
become the chief branches of industry among the working classes. Nobles
and wealthy burghers had been changed to paupers and mendicants. Many a
family of ancient lineage, and once of large possessions, could be seen
begging their bread, at the dusk of evening, in the streets of great
cities, where they had once exercised luxurious hospitality; and they
often begged in vain.
For while such was the forlorn aspect of the country--and the portrait,
faithfully sketched from many contemporary pictures, has not been
exaggerated in any of its dark details--a great famine smote the land
with its additional scourge. The whole population, soldiers and brigands,
Spaniards and Flemings, beggars and workmen, were in danger of perishing
together. Where the want of employment had been so great as to cause a
rapid depopulation, where the demand for labour had almost entirely
ceased, it was a necessary result, that during the process, prices should
be low, even in the presence of foreign soldiery, and despite the
inflamed' profits, which such capitalists as remained required, by way
not only of profit but insurance, in such troublous times. Accordingly,
for the last year or two, the price of rye at Antwerp and Brussels had
been one florin for the veertel (three bushels) of one hundred and twenty
pounds; that of wheat, about one-third of a florin more. Five pounds of
rye, therefore, were worth, one penny sterling, reckoning, as was then
usual, two shillings to the florin. A pound weight of wheat was worth
about one farthing. Yet this was forty-one years after the discovery of
the mines of Potosi (A.D. 1545), and full sixteen years after the epoch;
from which is dated that rapid fall in the value of silver, which in the
course of seventy years, caused the average price of corn and of all
other commodities, to be tripled or even quadrupled. At that very moment
the average cost of wheat in England was sixty-four shillings the
quarter, or about seven and sixpence sterling the bushel, and in the
markets of Holland, which in truth regulated all others, the same prices
prevailed. A bushel of wheat in England was equal therefore to eight
bushels in Brussels.
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