An Introduction to English Economic History And Theory
An Introduction to English Economic History And Theory
W J William James Ashley
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[Book I. other lords of fairs and also defeat the royal policy of forcing trade into particular channels. Accordingly the statute of Northampton in 1328 enacted that proclamation should be made at the beginning of each fair how long it was going to last: if the lord permitted it to last longer than the time limited by charter, the franchise, i. E. The right of receiving tolls, would be forfeited ; and an act, somewhat later, imposed on merchants who sold goods after the closing day a fine of do...uble the value of the wares sold, and of this the informer was to have a quarter. 122 13. In the history of the foreign trade of England three periods may be roughly distinguished. In our own day it is the " world-market " to which attention is chiefly and of necessity directed. We are accustomed to compare the amount of exports from England to all other countries with that of the imports to England from all other countries. In an earlier period, what occupied the thoughts of merchants and statesmen was rather the relation between the amount of exports to each particular country, and of imports from that country.
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