An Introduction to English Economic History And Theory volume Vol 1 Pt 1
An Introduction to English Economic History And Theory volume Vol 1 Pt 1
W J William James Ashley
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. . At whatsoever place it be, city, borough, town, port of the sea, fair, market, . . . Within franchise or without, . . . May freely without interruption sell them to what persons it shall please them" 69 With the loss of their trading monopoly disap- peared the raison d'etre of the gilds merchant, and with it of the gilds themselves as separate organizations. In many towns the name long survived, but only as a term to describe certain functions of the municipal authorities, especially the ad...mission of apprentices to the freedom of the city. In others the gild reorganized itself in the shape of a social and religious society; while in one or two, it is possible that the later company of Merchant Adventurers grew out of the gild merchant. But the latter development, which is of extreme interest, has not yet been adequately investigated. 70 9. The result of the contest between the municipal government and the craft gilds in the matter of jurisdiction cannot be precisely defined, because it was not precisely de- fined at the time.
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