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
In May, 1286, the king went to Gascony, leaving the country in charge of
his nephew, Edmund, Earl of Cornwall, and did not return until August,
1289. He was then in sore straits for money, as was so often the case with
him, and was glad of a present of £1,000 which the citizens offered by way
of courtesy (_curialitas_). The money was ordered (14th October) to be
levied by poll,(315) but many of the inhabitants were so poor that they
could only find pledges for future payment, and these pledges were
afterwards sold for what they would fetch.(316) A twelve-month later
(October, 1290) when Edward visited London, he was fain to be content with
the smaller sum of 1,000 marks.(317)
(M201)
The expulsion of the Jews in 1290 increased Edward’s difficulties, for on
them he chiefly depended for replenishing his empty exchequer. Their
expulsion was not so much his own wish as the wish of his subjects, who,
being largely in debt to the Jews, regarded them as cruel tyrants. The
nation soon discovered that it had made a mistake in thus getting rid of
its creditors, for in the absence of the Jews, Edward was compelled to
resort to the Lombard merchants. It may possibly have been owing to some
monetary transactions between them that the king was solicitous of getting
a life interest in the city’s Small Beam made over to a lady known as
Jacobina la Lumbard. No particulars are known of this lady, but to judge
from her name she probably came of a family of money-lenders, and if so,
the king’s action in writing from Berwick (28th June, 1291) to the warden
and aldermen of the city—at a time when he was completely in the hands of
the Italian goldsmiths and money-lenders—soliciting for her a more or less
lucrative post is easily intelligible.(318) The king’s request was
refused, notwithstanding the city being at the time in charge of a
_custos_ of his own choice instead of a mayor elected by the citizens
themselves. Such requests produced friction between the king and the city,
and the former’s financial relations with the foreign merchants were
fraught with danger to himself and to his son.(319)
(M202)
Public-domain text, read in full here on John Shaqi.
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