The Principal Navigations, Voyages, Traffiques and Discoveries of the English Nation — Volume 09: Asia, Part IIHakluyt, Richard
History
The Principal Navigations, Voyages, Traffiques and Discoveries of the English Nation — Volume 09: Asia, Part II
Hakluyt, Richard
Discoveries in geography -- English; Voyages and travels
There are in Pegu 8. brokers of the kings, which are called Tareghe, who
are bound to sell all the marchandize which come to Pegu, at the common or
the currant price: then if the marchants wil sell their goods at that
price, they sel them away, and the brokers haue two in the hundreth of
euery sort of marchandise, and they are bound to make good the debts of
those goods, because they be sold by their hands or meanes, and on their
wordes, and oftentimes the marchant knoweth not to whom he giueth his
goods, yet he cannot lose anything thereby, for that the broker is bound in
any wise to pay him, and if the marchant sel his goods without the consent
of the broker, yet neuerthelesse he must pay him two per cento, and be in
danger of his money: [Sidenote: A lawe for Bankrupts.] but this is very
seldom seene, because the wife, children, and slaues of the debtor are
bound to the creditor, and when his time is expired and paiment not made,
the creditor may take the debtor and cary him home to his house, and shut
him vp in a Magasin, whereby presently he hath his money, and not being
able to pay the creditor, he may take the wife, children, and slaues of the
debtor and sel them, for so is the lawe of that kingdome. [Sidenote: Euery
man may stampe what money he wil.] The currant money that is in this city,
and throughout all this kingdom is called Gansa or Ganza, which is made of
Copper and leade: It is not the money of the king, but euery man may stamp
it that wil, because it hath his iust partition or value: but they make
many of them false, by putting ouermuch lead into them, and those will not
passe, neither will any take them. With this money Ganza, you may buy golde
or siluer, Rubies and Muske, and other things. For there is no other money
currant amongst them. And Golde, siluer and other marchandize are at one
time dearer than another, as all other things be.
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