The Railroad Question: A historical and practical treatise on railroads, and remedies for their abusesLarrabee, William
History
The Railroad Question: A historical and practical treatise on railroads, and remedies for their abuses
Larrabee, William
Railroads; Railroads -- United States; Railroads and state -- United States
the west. In both cities the League had its quarters, and within them it
virtually exercised the right of sovereignty. Its main market was at
Bruges in Flanders, which was then a bee-hive of industry and thrift.
There the Italian traders came with the products of the east, such as
spices, perfumes, oil, sugar, cotton and silk, to exchange them for the
raw materials of the north. While taxes and imposts everywhere else
harassed merchants, commerce was free in the cities of Flanders, owing
to the liberality, or rather shrewdness, of her rulers. In Bruges the
members of the Hansa met the merchants of Venice on equal terms, and the
exchange of the products of the north for those of the east and south
could be effected there to the greatest advantage of both.
While it must be admitted that the Hanseatic League developed the
resources of Northern Europe, and that, even at the time of its greatest
power, there was always competition among its own members, the fact
remains that it abused its power by the suppression of all outside
competition, and that it usurped rights which belong only to the state,
thus often producing abuses as great as those which it was organized to
remedy. Its final downfall was caused by the development of national
power in the northern kingdoms and the growth of commerce and
navigation in Great Britain. A stubborn assertion of antiquated
privileges on the part of the Hansa involved it in a feud with the
illustrious and lion-hearted Queen Elizabeth of England. In 1589 the
Queen caused sixty of their vessels to be captured on the Tagus, and
later even took possession of their hall and wharves in London. After
this the League's decline was very rapid, though its organization was
kept up till 1669, when its delegates held their last session.
Public-domain text, read in full here on John Shaqi.
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