Page:History of merchant shipping and ancient commerce (Volume 1).djvu/417

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

State of trade and commerce. commerce in England at the time of the Conquest as it is with regard to the shipping. Agriculture, which had been in so flourishing a state under the Roman government, that large shipments of corn were frequently made to the Continent, had been much neglected during the long wars between the Britons, Saxons, and Danes; and there is no instance on record of any export of grain of any sort during the whole period of the Anglo-Saxon rule. On the other hand, in unfavourable seasons, the Britons did not grow enough for themselves, though the country must have been thinly peopled, and, consequently, but too frequently suffered severely from famine. In the account of the sales of church property and of other estates, many records of which are still extant,[1] we find that land even of the best quality seldom realized a higher price than five pounds[2] of silver for a hide of land, showing that while the people must have been widely scattered few persons were in opulent circumstances.

Exports. Wool was however produced to a considerable extent, the rich pastures of England having furnished from the earliest ages ample food for large flocks of sheep. By the eighth law of King Edgar, the highest price which could be taken for wool was somewhat less than three-fourths of a penny for a pound; and though there is no positive information on the subject, the Flemings, who were then and for some centuries afterwards the chief manufacturers of fine woollen goods for the whole of Europe, must have bought wool

  1. See the histories of Ramsey and Ely, and others.
  2. No data exist from which we can calculate with any certainty the value of a pound of silver in the Conqueror's reign.