common people, however, did not understand the objection; they saw that
the Jews practised a trade which the Church and the State would not
allow to Christians; they saw that the Jews grew rich rapidly; that
they were protected by the King; that they waxed insolent and sometimes
insulted the Christian religion; and if they lent a Christian money
they demanded an enormous, a ruinous, interest for it. Deep, indeed,
must have been the popular hatred of the Jews, since Shakespeare could
stir the blood of his audience by the spectacle of a Jewish usurer,
three hundred years after there had been Jews in the land.
[Illustration: THE TOWER IN 1553
From a drawing by Wyngaerde. E. Gardner’s Collection]
The business of the daily life, as well as that of the mercantile life,
cannot, in fact, be carried on without money-lending. Works cannot
be undertaken; credit cannot be secured; cargoes cannot be bought;
ships cannot be laden; unless money can be obtained by advance. The
banishment of the Jews; the disappearance of the Italians; took away
the usurers and money-lenders by profession. There were as yet no
banks to make advances on security; and money-lending was still, as it
remains to this day, an occupation held in the greatest loathing. The
money-lender, therefore, disguised his calling. Thus Hall (_Society in
the Elizabethan Age_) furnishes a sketch of the usurer of the period.
His name was George Stoddart; by trade he was ostensibly a grocer, but
really a money-lender. His bargains took the form of bets. Thus he
sends J. Klynt his furred nightgown for 4s. 5d., to be paid on the day
of Klynt’s marriage: he gives R. Leds a ring called a ryboys, which
he values at £1:13:4, to be paid on the day of his marriage or else
at his hour of death. For a rapier he charges 40d., to be paid at his
day of marriage or else not. He gives a man £400 on the condition that
during his lifetime the borrower shall pay him £80 a year. He lived
for ten years, and so doubled that small capital of £400. It would be
interesting to know what, if any, great City fortunes were made by this
style of money-lending.
The increase of trade and of shipping in the Port of London is
indicated by a passage in Camden, when he speaks of the multitudes of
ships “as a very wood of trees, disbranched to make glades and to let
in the light: so shaded is it with masts and sails.”
The watermen of London were those who lived by the river and the port.
John Taylor, the water poet, says that 40,000 people lived by the
labour of the oar and scull. In 1613 there was a petition from the
Company of Watermen against the erection of a theatre on the London or
Middlesex side of the river, because it drew away so many people who
otherwise would have been carried across the river to the theatres on
the south bank. John Taylor shows us that many of these watermen had
been sailors:—
Public-domain text, read in full here on John Shaqi.
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