quests, and thereby importing into Rome and Italy, the riches of the East and West.
When the seat of empire was removed to Constantinople, the tide of money flowed that way without ever returning; and was scattered in Asia. But when that mighty empire was overthrown by the northern people, such a stop was put to all trade and commerce, that vast sums of money were buried, to escape the plundering of the conquerors; and what remained was carried off by those ravagers.
It were no difficult matter to compute the value of money in England during the Saxon reigns; but the monkish and other writers since the conquestl, have put the matter in a clearer light, by the several accounts they have given us of the value of corn and cattle, in years of dearth and plenty. Every one knows, that king John's whole portion, before he came to the crown, was but five thousand pounds, without a foot of land.
I have likewise seen the steward's account of an ancient noble family in England, written in Latin between three and four hundred years ago, with the several prices of wine and victuals, to confirm my observations.
I have been at the trouble of computing (as others have done) the different values of money for about four hundred years past. Henry duke of Lancaster, who lived about that period, founded an hospital at Leicester for a certain number of old men, charging his lands with a groat a week to each for their maintenance, which is to this day duly paid them. In those times, a penny was equal to ten pence halfpenny and somewhat more than half
