It must be admitted that, all things considered, Queen Elizabeth treated
the Hanseatics with a good deal of consideration and long-suffering, and
demanded from them no more than what she had a right to demand. When
they refused the offer to be placed on an equal footing with the English
the queen issued an order that their export of English cloth should in
future not exceed five thousand pieces. Cologne tried to retaliate by
putting on an import tax, but it was an isolated measure, and had no
effect.
In a word, the victory remained in the end with the English Government,
on the side of which fought, not only its own vigorous organization, but
also the disunion among the Hansa towns, which grew more serious daily,
and the grave disorders that existed in the Steelyard itself.
For some time past serious complaints had been heard against the
alderman of the factory, Peter Eiffler, a man who filled this high post
for several consecutive years. He was accused among other things, of
having tampered with the funds of the establishment, of having
administered the factory without the help, or advice of the council; and
of having divided unfairly among the Hanseatic merchants, the five
thousand pieces of cloth permitted to them for export. Further, he was
reproached for having in 1563 made a journey, leaving the Steelyard and
the care of the treasury to young men incapable of so high a trust, who
had done great damage to the factory.
After all these accusations had been duly sifted, this unfaithful
servant of the Hansa was of course deposed from his post of trust, but
his dismissal brought no fresh order into the shattered condition of
things. As is frequently the case in the face of a public calamity,
public spirit was extinct. Each individual thought only of himself, and
of what he could rescue from the impending general ruin. On the one
hand, there was the selfishness of the individual towns; on the other,
the selfishness of the foreign factories. The London Steelyard, seeing
that the fabric of the League was tottering, tried to save its
individual existence out of the general wreck. It thought to acquire an
independent life, and act and trade on its own account. Hence when the
League knocked at the doors of its strong-room, to obtain the funds that
should prolong or, as they hoped, even dispel the death agonies of the
other foreign factories, whether by bribing nobles and kings, or by
sending embassies to foreign courts, the Steelyard was careful not to
listen to these demands, thinking of the future, when it might need all
funds for itself. It was thus that in 1567, the London factory, in reply
to a reprimand sent it by Syndic Sudermann for delaying to pay a sum of
over one thousand florins into the public fund, made known to the town
of Lübeck that this delay must not be imputed to it as a fault, that the
times were not favourable to saving, that the annual expenses of the
Steelyard amounted to eight hundred pounds sterling, and that other sums
Public-domain text, read in full here on John Shaqi.
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