The Ottoman Turks and the Routes of Oriental Trade: from The English Historical Review, October 1915Lybyer, Albert Howe
History
The Ottoman Turks and the Routes of Oriental Trade: from The English Historical Review, October 1915
Lybyer, Albert Howe
Commerce -- History; Trade routes; Turkey -- History
After 1502, then, the carrying of spices from India to the Red
Sea and the Persian Gulf was interfered with by the Portuguese.
Nevertheless, besides the diminished amount of spices which was taken
by the Venetians and others from Aleppo and Alexandria for European
consumption, goods of the same class required in Arabia, Persia,
Turkey, and North Africa continued to travel by the old routes. In fact
this trade appears never to have ceased.[40] The Turkish conquest of
Egypt, far from creating a revolution in the Levant trade, caused only
a temporary disturbance of it, not unlike that caused previously by
the death of one Mameluke sultan and the accession of another.[41] The
real revolution was already accomplished. The beginning of the economic
decay of the Levant and of the decline of Venice and the Mediterranean
trading cities dates, not from the Turkish conquest of Egypt in 1517,
but, if its causes be not traced even earlier, from the doubling of the
Cape of Good Hope by the Portuguese in 1498.
In 1528 Francis I opened negotiations with Suleiman, and French ships
began to compete with those of Venice and Barcelona for spices at
Alexandria.[42] The 10 per cent duty which had been exacted by the
Mamelukes was presently reduced to 5, and later to 3 per cent.[43]
While the Turks despised the Venetians, as men who would endure
indignities rather than lose money, they respected the French, and
these rapidly gained on the Venetians and in time surpassed them in
amount of trade.[44]
Public-domain text, read in full here on John Shaqi.
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