Principles of Political Economy, Vol. 2Roscher, Wilhelm
General
Principles of Political Economy, Vol. 2
Roscher, Wilhelm
Economics
[Footnote 187-2: The inhabitants of Asti began in 1226 to
carry on the trade in money in trans-Alpine counties. In
1256, _Louis IX_. ordered 150 Asti money-changers to be
thrown into prison, and he confiscated the money they had
loaned in France, to the amount of over 800,000 livres. They
were afterwards turned over to their enemy, the Count of
Savoy, as usurers. (_Muratori_, Scr. Rerum Ital., XI, 142
seq.) About 1268, Louis IX. banished all money-changers of
Lombard or Cahors origin: they were allowed only three
months in which to collect their debts. (_Sismondi_,
Histoire des Fr., VIII, 112.) About 1277, again all Italian
money dealers were imprisoned, and 120,000 gold guldens
extorted from them. (_Giov. Villani_, VII, 52.) After the
Lombards had lost their freedom, the business passed into
the hands of the Florentines and of the inhabitants of
Lucca. (_Sismondi_, Gesch. der ital. Republiken, IV, 602;
_Dante_, Inferno, XXI, 38.) Great part played by the
brothers Franzesi as dealers in articles of luxury, and
loaners on pledge etc., at the court of Philip IV. They seem
to have instigated the persecution of other Italian money
dealers, in 1291, from jealousy. (_Sismondi_, Histoire des
Fr., VIII, 429 seq.) Great losses of the Florentines by the
English-French war in 1337: Edward III. remained in the debt
of his bankers Peruzzi and Bardi to the amounts respectively
of 135,000 and 184,000 marks sterling; so that they and many
others failed. France imprisoned all the Italian money
dealers, and compelled them to pay a large amount of
ransom-money. (_G. Villani_, XI, 71.) In 1376, the Pope who
was engaged in a struggle with Florence, called upon all
princes to despoil all Florentine merchants within their
jurisdiction of their wealth, and to sell them as slaves;
and France and England actually did so. (_Sismondi_,
Geschichte der ital. Republiken, V, 257 seq., VII, 74.)]
[Footnote 187-3: Shortly before the French Revolution, Cadiz
had over 50 wholesale merchants against 30 retail, 30
modistes and at least 100 tradesmen from France.
(_Bourgoing_, Tableau, III, 130.) Commercial colonies!]
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