We may now ask ourselves whether the rule of the company was successful. Financially, it certainly was. Even in its latter days, when heavy loans had been contracted with the bank of St George and the Turkish tribute was 14,000 gold ducats, a dividend of 2000 ducats was paid on each of the thirteen original shares; while in its best times the small _caratto_, originally worth some 30 Genoese pounds, was quoted at 4930. Chios during the middle ages was one of the most frequented marts of the Levant, while the alum of Foglia Nuova (which, as long as that factory remained Genoese, covered the annual rent to Genoa) and the mastic of the island (in which a part of the Turkish tribute was paid) were two valuable sources of revenue. The production of mastic was carefully organised. The company leased to each hamlet a certain area of plantation, and the lessees once a year handed in a certain weight of mastic in proportion to the number of the trees. If it were a good year and the yield were greater, they received a fixed price per pound for the excess quantity delivered; but if they failed to deliver the stipulated amount, they had to pay twice that sum[512]. In order to keep up prices in years of over-production, all the mastic over a certain amount was either warehoused or burned. Special officials divided the net profit accruing from its sale among the shareholders; no private person might sell it to foreigners; and thefts or smuggling of the precious gum, if committed on a small scale, cost the delinquent an ear, his nose, or both; if on a large scale, brought him to the gallows. Another curious source of revenue was the tax on widows[513]. The latter must have had ample opportunities of avoiding the penalty, for the courtesy and beauty of the Chiote ladies was the theme of every traveller. Indeed, one impressionable Frenchman[514] proclaimed Chios to be “the most agreeable residence” with which he was acquainted, while another visitor[515] declared their natural charm, the elegance of their attire, and the attraction of their gestures and conversation to be such “that they might rather be judged to be nymphs or goddesses than mortal women or maids.” He then, greatly daring, attempts a detailed description of their costume, upon which I shall not venture. Nor were amusements lacking. The inhabitants were musical; they were wont to dance by the Skaramangkou torrent; the chief religious feasts were kept in state; and Cyriacus of Ancona[516] was a witness of the festivities which accompanied the carnival in what Bartolomeo dalli Sonetti[517], another traveller of the fifteenth century, called the first island of the Archipelago.