a society where the borrowers were many and needy, the lenders few and
greedy, and the two classes were impelled to deal with each other by
the strongest of motives--the motive of self-preservation.
But even clandestine usury required capital, and the poorer Jews,
devoid of industrial skill or legal standing, despised by the people,
denounced by the clergy, helpless, hopeless, and unscrupulous, betook
themselves to highway robbery, burglary, coin-clipping, or baptism.
The penultimate source of revenue, which, as has been noted, supplied
already one of the most common charges brought against the Jews, forced
Edward to strike hard and quickly. His severity was proportionate to
the magnitude of the evil. The depreciation of the currency due to
the prevalence of forgery had led to an alarming rise in the price of
commodities; foreign merchants had left the country, and trade fallen
into stagnation. The greater share of the blame was generally, and not
unjustly, attributed to the Jews. In one night all the Jews in the
country were thrown into prison, their domiciles were searched, and
their effects seized. Edward, in his anxiety to punish none but the
guilty, issued an edict, in which he warned his Christian subjects
against false accusations, such as might easily have been concocted
by people eager to gratify their religious bigotry, private malice,
or cupidity. The enquiry resulted in the conviction of many Jews and
Christians. Of the latter, three were sentenced to death and the rest
to fines. But no mercy was shown to the Jews. Two hundred and eighty
of them were hanged, drawn, and quartered in London alone, and all the
houses, lands, and goods of a great number were confiscated. A very few
took refuge in conversion, and received a moiety of the money realised
by the confiscation of their brethren’s property.
Public-domain text, read in full here on John Shaqi.
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