Guilds -- England -- London; London (England) -- Description and travel; London (England) -- History
The powers exercised by this voluntary association over the craft
were subsequently confirmed to them by their charters. The wardens
fined workmen for making wares worse than standard, entered their
shops and searched for and seized false wares, settled disputes
between masters and apprentices, and frequently punished rebellious
apprentices by flogging, levied heavy fines upon members for slander
and disobedience of the wardens, and for reviling members of the
livery; and generally exercised a very powerful and absolute
control, not only over the members of the fellowship, but also over
all other persons exercising the goldsmiths’ trade.
For the purpose of the assay they had an assay office in the early
part of the fourteenth century. The statute of 28th Edward I. enacts
that no vessel of gold or silver shall depart out of the hands of
the workman until it is assayed by the wardens of the craft, and
stamped with the leopard’s head; the leopard being at that time part
of the royal arms of England.
The Company and its members, even at this early period, appear to
have acted as bankers and pawnbrokers. They received pledges, not
only of plate, but of other articles, such as cloth of gold and
pieces of napery.
The London goldsmiths were divided into two classes, natives and
foreigners. They inhabited chiefly Cheapside, Old Change, Lombard
Street, Foster Lane, St. Martin’s-le-Grand, Silver Street,
Goldsmiths’ Street, Wood Street, and the lanes about Goldsmiths’
Hall. Cheapside was their principal place of residence; the part of
it on the south side, extending from Bread Street to the Cross, was
called “the Goldsmiths’ Row.” The shops here were occupied by
goldsmiths, and here the Company possess many houses at the present
time. The Exchange for the King’s coin was close by, in what is now
called Old Change.
Public-domain text, read in full here on John Shaqi.
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