The Growth And Vicissitudes of Commerce. From B.C. 1500 to A.D. 1789. An Historical Narrative of the Industry And Intercourse of Civilised Nations

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The Growth And Vicissitudes of Commerce. From B.C. 1500 to A.D. 1789. An Historical Narrative of the Industry And Intercourse of Civilised Nations
Yeats, John
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Other Anglo-Saxon merchants visited the market of St. Denis, in the reign of Dagobert, while Digitized by VjOOQ IC ENGLISH WOOL.— YARMOUTH HERRINGS. —LONDON. 131 in the eighth century Frisians visited England. Fairs existed among the natives, but trade was restricted by the law which forbade transactions above the value of twenty pence, except in the sight of two witnesses or of the magis- trate.
While the Mediterranean was crowded with an active commerce, England was merely productive and pass
...ive, waiting at home for traders, who visited, it for tin, lead, wool, and hides. English wool was so esteemed that Chariemagne exempted merchants dealing in it from the peril of capture in war. Wool, also, was the staple of exchange for the cloths^ of the Netherlands from the days of Alfred the Great.
William the Conqueror sheltered a band of weavers driven from Zealand by an irruption of the sea, and the country profited by the intercourse they established with Holland.
English wool soon improved so much that next to money it was the commodity most eagerly sought in foreign exchange.


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