London and the Kingdom - Volume 1: A History Derived Mainly from the Archives at Guildhall in the Custody of the Corporation of the City of London.Sharpe, Reginald R. (Reginald Robinson)
History
London and the Kingdom - Volume 1: A History Derived Mainly from the Archives at Guildhall in the Custody of the Corporation of the City of London.
Sharpe, Reginald R. (Reginald Robinson)
London (England) -- History
The king’s marriage with Philippa of Hainault, which had taken place at
York on the 30th January, 1328, had been popular with the city(461) as
tending to open up trade with Flanders. Hitherto nearly all the wool
produced by this country had been sent to Flanders for manufacture, the
export trade being so large that the king is said to have received more
than £30,000 in a single year from duties levied on this commodity
alone.(462) We have already seen how, in order to punish the Countess of
Flanders for injuries inflicted upon English merchants, the king’s
grandfather resorted, in 1270, to the expedient of forbidding all export
of wool to her country.(463) The misery which her half-starved people were
then compelled to suffer soon induced the Countess to come to terms. It
was also in no small measure owing to the fear of a similar stoppage by
the intervention of the French fleet, that the Flemings laid aside their
neutrality in 1339, and openly assisted Edward in his war with France.
(M277)
Towards the close of the last reign the "staples" or market towns for the
sale of certain commodities, but more especially of wool, had been removed
from the continent and established at various places in England, Ireland
and Wales.(464) London was one of those places. No wool was to be exported
abroad until it had remained at one or another of the staples for a period
of forty days. This rule appears however to have been relaxed by Edward
II, in favour of all staple towns but London; merchants being allowed to
remove their goods from other staples after a stay of only fifteen days.
The London merchants, therefore, were under the disadvantage of finding
the market always forestalled. Edward III had not long been on the throne
before they took the opportunity of submitting this hardship not only to
the king, but also to the queen-mother, and prayed that the relaxation of
the rule touching the forty days with respect to other staples might be
withdrawn.(465) Their prayer, however, would seem to have had but little
effect, for within a week of the petition to the king we find that monarch
issuing an order to the collector of customs on wool, leather and
wool-fells in the port of London, to enforce the delay of forty days
before goods could be removed.(466)
(M278)
Nor was this the only grievance that the London merchants had. In order to
raise money to put down the rebellion of the Scots which had broken out
soon after his accession, he had recourse to an extra tax upon wool,
leather, and wool-fells. The money thus raised was to be considered a
loan, receipts being given to the merchants under the king’s seal, known
as "Coket," and the merchants in return were to be allowed absolute free
trade from the 2nd July, 1327, the date of the writ, up to the following
Christmas.(467) The Londoners objected altogether to this impost, on the
grounds that they had never been consulted on the matter, and had never
given their assent.(468)
Public-domain text, read in full here on John Shaqi.
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