Inscriptions -- England -- London; London (England) -- Antiquities; Signs and signboards
The Mercers’ Company is very ancient; it was incorporated in the year
1393 (17 Rich. II.);[53] but long before that the mercers had been
associated voluntarily for purposes of mutual aid and comfort. They
came to light first as a fraternity in the time of Henry II., for
Gilbert à Becket, father of St. Thomas of Canterbury, is said to have
been a mercer; and in 1192, Agnes de Helles, sister of St. Thomas, and
her husband Thomas Fitz-Theobald de Helles, in founding the hospital
of St. Thomas of Acon, which is distinctly stated to have been built
on the spot where the future archbishop was born, constituted the
fraternity of mercers patrons of the hospital. The present Mercers’
Hall, in Cheapside, is built on part of this site. It was only by
degrees that the merchant adventurers became detached from the
mercers. The last link between the two companies was severed as late
as the year 1666, when the Great Fire destroyed the office held by the
Merchant-Adventurers under Mercers’ Hall. The Haberdashers’ Company
was a branch of the Mercers’, which broke off from them in the time of
Henry VI. The word ‘mercer’ would seem to imply merchant only, being
derived, through the French ‘mercier,’ from the Latin word ‘mercator.’
It is probable that those who were called mercers dealt at first
in most commodities, except food and the precious metals. Herbert,
however, considers that in ancient times ‘mercer’ was the name for a
man who dealt in small wares; and that ‘merceries then comprehended
all things sold retail by the little balance, in contradistinction
to things sold by the beam, or in gross, and included not only toys,
together with haberdashery and various other articles connected with
dress, but also spices and drugs; in short, what at present constitutes
the stock of a general country shopkeeper.’ He goes on to say that
the silk trade, which in later ages formed the main feature of the
mercers’ business, is stated in the Act of 33 Henry VI., c. 5, to have
been carried on by ‘the silkwomen and throwsteres of London,’ who, in
petitioning for that Act, pray that the Lombards and other strangers
may be hindered from importing wrought silk into the realm, contrary
to custom, and to the ruin of the mystery and occupation of silk-making
and other virtuous female occupations.
The mercers were not the first incorporated company; in this the
goldsmiths, skinners, and merchant tailors may claim precedence; they,
however, have long ranked the first, as exemplified in the following
stanzas from a song addressed to Sir John Peakes, mercer (who was
elected Lord Mayor in 1686), after a dinner given in his honour:
‘Advance the Virgin, lead the van,
Of all that are in London free,
The Mercer is the foremost man
That founded a society.
_Cho._ Of all the trades that London grace,
We are the first in time and place.
Public-domain text, read in full here on John Shaqi.
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