General History and Collection of Voyages and Travels - Volume 18 - By Robert Kerr














































































































 -  The accommodation it afforded was extended to
foreign as well as native merchants. The earliest bill of exchange of which - Page 132
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The Accommodation It Afforded Was Extended To Foreign As Well As Native Merchants.

The earliest bill of exchange of which we have any notice, is one dated 28th April, 1404, which was sold by a merchant of Lucca, residing in Bruges, to a merchant of Barcelona, also residing there, to be paid by a Florence merchant residing in Barcelona.

By the book of duties on imports and exports, compiled in 1413, it appears, that the Barcelonians were very liberal and enlightened in their commercial policy; this document also gives us a high idea of the trade of the city of Barcelona. A still further proof and illustration of the intelligence of the Barcelona merchants, and of the advantages for which commerce is indebted to them, occurs soon afterwards: for about the year 1432 they framed regulations respecting maritime insurance, the principal of which were, that no vessel should be insured for more than three quarters of her real value, - that no merchandize belonging to foreigners should be insured in Barcelona, unless freighted in a vessel belonging to the king of Arrogan: the words, _more or less_, inserted frequently in policies, were prohibited: if a ship should not be heard of in six months, she was to be deemed lost.

Little commerce seems to have been carried on from any other port of Spain besides Barcelona at this period: the north of Spain, indeed, had a little commercial intercourse with England, as appears by the complaints of the Spanish merchants; complaints that several of their vessels bound to England from this part of Spain had been plundered by the people of Sandwich, Dartmouth, &c. Seven vessels are particularly mentioned: one of which, laden with wine, wool, and iron, was bound for Flanders; the others, laden with raisins, liquorice, spicery, incense, oranges, and cheese, were bound for England. The largest of these vessels was 120 tons: one vessel, with its cargo, was valued as high as 2500l.

The following short abstract of the exports and imports of the principal commercial places in Europe, about the middle of the fifteenth century, taken from a contemporary work, will very properly conclude and sum up all we have to say on this subject.

Spain exported figs, raisins, wine of inferior quality, dates, liquorice, Seville oil, grain, Castile soap, wax, iron, wool, goat skins, saffron, and quicksilver; the most of these were exported to Bruges. The chief imports of Spain were Flemish woollen cloth and linen. This account, however, of the commerce of Spain, does not appear to include Barcelona. The exports of Portugal were wine, wax, grain, figs, raisins, honey, Cordovan leather, dates, salt, &c.; these were sent principally to England. The imports are not mentioned.

Bretagne exported salt, wine, cloth, and canvas.

The exports of Scotland were wool, wool-fells, and hides to Flanders; from which they brought mercery, haberdashery, cart-wheels, and barrows. The exports of Ireland were hides, wool, salmon, and other fish; linen; the skins of martins, otters, hares, &c. The trade of England is not described: the author being an Englishman, and writing for his countrymen, we may suppose, thought it unnecessary.

The exports of Prussia were beer, bacon, copper, bow-staves, wax, putty, pitch, tar, boards, flax, thread of Cologne, and canvas; these were sent principally to Flanders, from which were brought woollen cloths. The Prussians also imported salt from Biscay.

The Genoese employed large vessels in their trade; their principal exports were cloth of gold and silver, spiceries, woad, wool, oil, wood-ashes, alum, and good: the chief staple of their trade was in Flanders, to which they carried wool from England.

The Venetians and Florentines exported nearly the same articles as the Genoese; and their imports were nearly similar.

Flanders exported madder, wood, garlick, salt-fish, woollen cloths, &c. The English are represented as being the chief purchasers in the marts of Brabant, Flanders, and Zealand; to these marts were brought the merchandize of Hainault, France, Burgundy, Cologne, and Cambray, in carts. The commodities of the East, and of the south of Europe, were brought by the Italians: England sent her wool, and afterwards her woollen cloth.

From this view of the trade of Europe in the middle of the fifteenth century, it appears, that it was principally conducted by the Italians, the Hanse merchants, and the Flemings; and that the great marts were in Flanders. Towards the end of this century, indeed, the other nations of Europe advancing in knowledge and enterprize, and having acquired some little commercial capital, each began, in some degree, to conduct its own trade. The people of Barcelona, at a very early period, form the only exception to this remark; they not only conducted their own trade, but partook largely in conducting the trade of other nations.

From the remotest period to which we can trace the operations of commerce, we have seen that they were chiefly directed to the luxuries of Asia; and as the desire of obtaining them in greater abundance, and more cheaply and easily, was the incitement which led to the discovery of the Cape of Good Hope by the Portuguese, it will be proper, before we narrate that event, briefly to give such particulars respecting Asiatic commerce as occur within the period which this chapter embraces, and to which, in our account of the Arabians, we have not already alluded. This will lead us to a notice of some very instructive and important travels in the East; and the information which they convey will point out the state of the geography of Asia, as well as its commerce, during the middle ages.

The dreadful revolutions which took place in Asia in the twelfth and thirteenth centuries, and which threatened to extend to Europe, induced the European powers, and particularly the Pope, to endeavour to avert the evil, by sending embassies to the Mogul potentates. So frequent were these missions, that, in the beginning of the fourteenth century, a work was composed which described the various routes to Grand Tartary.

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