This City Had Been Shut Against Christians For Six Centuries;
But It Was Now In The Possession Of The Sultan Of The Mamalukes, And He Was
More Favourable To Them.
Under the sanction of the Pope, the Venetians
entered into a treaty of commerce with the sultans of Egypt; by which they
were permitted to have one consul in Alexandria, and another in Damascus.
Venetian merchants and manufacturers were settled in both these cities.
If
we may believe Sir John de Mandeville, their merchants frequently went to
the island of Ormus and the Persian Gulf, and sometimes even to Cambalu. By
their enterprize the Indian trade was almost entirely in their possession;
and they distributed the merchandize of the East among the nations of the
north of Europe, through Bruges and the Hanseatic League, and traded even
directly in their own vessels to England.
In the beginning of the fifteenth century, the annual value of the goods
exported from Venice amounted to ten millions of ducats; and the profits on
the home and outward voyages, were about four millions. Their shipping
consisted of 3000 vessels, of from 10 to 200 amphoras burden, carrying
17,000 sailors; 300 ships with 8000 seamen; and 45 gallies of various
sizes, manned by 11,000 seamen. In the dock-yard, 16,000 carpenters were
usually employed. Their trade to Syria and Egypt seems to have been
conducted entirely, or chiefly, by ready money; for 500,000 ducats were
sent into those countries annually: 100,000 ducats were sent to England.
From the Florentines they received annually 16,000 pieces of cloth: these
they exported to different ports of the Mediterranean; they also received
from the Florentines 7000 ducats weekly, which seems to have been the
balance between the cloth they sold to the Venetians, and the French and
Catalan wool, crimson grain, silk, gold and silver thread, wax, sugar,
violins, &c., which they bought at Venice. Their commerce, especially the
oriental branch of it, increased; and by the conquest of Constantinople by
the Turks, the consequence of which was the expulsion of the Genoese, they
were enabled, almost without a rival, to supply the encreasing demand of
Europe for the productions of the East. Their vessels visited every port of
the Mediterranean, and every coast of Europe; and their maritime commerce,
about the end of the fifteenth century, was probably greater than that of
all the rest of Europe. Their manufactures were also a great source of
wealth; the principal were silk, cloth of gold and silver, vessels of gold
and silver, and glass. The discovery of a passage to the East Indies by the
Cape of Good Hope, the powerful league of Cambray, and other circumstances,
weakened and gradually destroyed their commerce and power.
We have said that they supplied almost, without a rival, the demand in
Europe for the produce of the East. That rival was Florence: the success of
her merchants in a new branch of commerce has been already noticed.
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