wholesale and retail traders seems to have been somewhat sharper in
Greek antiquity than at the present day, partly because the former were
not only merchants but also seafarers. The wholesale dealers as a rule
were owners of ships; they fetched their goods themselves on their
journeys, or commissioned responsible subordinates in their place. The
ship was laden at home with goods which were likely to find a good sale
at the port to which she journeyed; of course the owner made inquiries
beforehand about the best places for disposing of his goods, the private
conditions, possible competition, etc. It was, therefore, very important
to hit the right moment, and artificial manoeuvres for sending up the
price of goods were not unknown. Arrived at their destination, the wares
were publicly sold, for which purpose bazaars were erected in large
harbours; then the goods were either bought collectively by a wholesale
dealer, or in small quantities by smaller traders; there were also
agents who undertook the mediation between the buyer and seller in
return for a commission. As a rule, therefore, goods were purchased with
the money, chiefly products of the country which might be sold with
advantage at home; it was almost necessary to make fresh purchases,
since the money of another state would have no value at home, though
Attic money could pass current anywhere. A merchant did not always
content himself with putting in at one single port; he often visited a
succession of neighbouring ports, calling at smaller stations on the
way, sometimes selling, sometimes buying, and often the cargo of a ship
changed three or four times during a journey. Probably these wholesale
dealers did not deal only with particular goods as at the present day,
but took anything which was likely to find a good sale, such as corn,
wine, oil, honey, skins, wool, clothes, textile ware, metal work, even
statues and books. Payment was made in coined money, and the calculation
cannot always have been an easy one, owing to the variety of money
systems prevailing in antiquity. In the Homeric age barter was usual,
but afterwards this ceased in civilised countries, though in some
districts, as for instance the neighbourhood of the Black Sea, it
continued for some time longer.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account