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














































































































 -  As the money was lent on the security either of
the cargo or ship, or both, of course the creditors - Page 63
General History and Collection of Voyages and Travels - Volume 18 - By Robert Kerr - Page 63 of 268 - First - Home

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As The Money Was Lent On The Security Either Of The Cargo Or Ship, Or Both, Of Course The Creditors Were Defrauded:

But it does not appear how they could, without detection, substitute sand or stones for the cargo.

The Athenians passed a number of laws respecting commerce, mostly of a prohibitory nature. Money could not be advanced or lent on any vessel, or the cargo of any vessel, that did not return to Athens, and discharge its cargo there. The exportation of various articles, which were deemed of the first necessity, was expressly forbidden: such as timber for building, fir, cypress, plane, and other trees, which grew in the neighbourhood of the city; the rosin collected on Mount Parnes, the wax of Mount Hymettus - which two articles, incorporated together, or perhaps singly, were used for daubing over, or caulking their ships. The exportation of corn, of which Attica produced very little, was also forbidden; and what was brought from abroad was not permitted to be sold any where except in Athens. By the laws of Solon, they were allowed to exchange oil for foreign commodities. There were besides a great number of laws respecting captains of ships, merchants, duties, interest of money, and different kinds of contracts. One law was specially favourable to merchants and all engaged in trade; by it a heavy fine, or, in some cases, imprisonment, was inflicted on whoever accused a merchant or trader of any crime he could not substantiate. In order still farther to protect commerce, and to prevent it from suffering by litigation, all causes which respected it could be heard only during the period when vessels were in port. This period extended generally to six months - from April to September inclusive - no ships being at sea during the other portion of the year.

The taxes of the Athenians, so far as they affected commerce, consisted of a fifth, levied on the corn and other merchandize imported, and also on several articles which were exported from Athens. These duties were generally farmed. In an oration of Andocides, we learn that he had farmed the duty on foreign goods imported for a term of three years, at twelve talents annually. In consequence of these duties, smuggling was not uncommon. The inhabitants of the district called Corydale were celebrated for illicit traffic: there was a small bay in this district, a little to the north of Piraeus, called. Thieves' Harbour, in which an extensive and lucrative and contraband trade was carried on; ships of different nations were engaged in it. Demosthenes informs us, that though this place was within the boundaries of Attica, yet the Athenians had not the legal power to put a stop to traffic by which they were greatly injured, as the inhabitants of Corydale, as well as the inhabitants of every other state, however small, were sovereigns within their own territory.

In an oration of Isocrates an operation is described which bears some resemblance to that performed by modern bills of exchange. A stranger who brought grain to Athens, and who, we may suppose, wished to purchase goods to a greater amount than the sale of his grain would produce, drew on a person living in some town on the Euxine, to which the Athenians were in the habit of trading. The Athenian merchant took this draft; but not till a banker in Athens had become responsible for its due payment.

The Athenian merchants were obliged, from the nature of trade in those ancient times, to be constantly travelling from one spot to another; either to visit celebrated fairs, or places where they hoped to carry on an advantageous speculation. We shall afterwards notice more particularly the Macedonian merchant mentioned by Ptolemy the Geographer, who sent his clerks to the very borders of China; and from other authorities we learn that the Greek merchants were accurately informed respecting the interior parts of Germany, and the course of most of the principal rivers in that country. The trade in aromatics, paints, cosmetics, &c., was chiefly possessed by the Athenians, who had large and numerous markets in Athens for the sale of these articles. Even in the time of Hippocrates, some of the spices of India were common in the Peloponnesus and Attica; and there is every reason to believe that most of these articles were introduced into Greece in consequence of the journeys of their merchants to some places of depot, to which they were brought from the East.

We have already mentioned that the importation of corn into a country so unfertile as Attica, was a subject of the greatest moment, and to which the care and laws of the republic were most particularly directed. There were magistrates, whose sole business and duty it was to lay in corn for the use of the city; and other magistrates who regulated its price, and fixed also the assize of bread. In the Piraeus there were officers, the chief part of whose duty it was to take care that two parts at least of all the corn brought into the port should be carried to the city. Lysias, in his oration against the corn merchants, gives a curious account of the means employed, by them to raise its price, very similar to the rumours by which the same effect is often produced at present: an embargo, or prohibition of exporting it, by foreigners, an approaching war, or the capture or loss of the vessels laden with it, seem to have been the most prevalent rumours. Sicily, Egypt, and the Crimea were the countries which principally supplied Attica with this necessary article. As the voyage from Sicily was the shortest, as well as exposed to the least danger, the arrival of vessels with corn from this island always reduced the price; but there does not appear to have been nearly such quantities brought either from it or Egypt, as from the Crimea. The Athenians, therefore, encouraged by every possible means their commerce with the Cimmerian Bosphorus.

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