Freedom of commercial intercourse among the Florentines. embassy to him (a mark of respect seldom bestowed by Muhammedan princes even on the most powerful Christian sovereigns) with magnificent presents, including fine cotton cloths of various kinds, and other rich Oriental manufactures, large vases of beautiful porcelain, balsams and spices, and an Arabian horse of great value and beauty.[1] Under this princely merchant, and heartily co-operating with him in his wise administration, Florence reached the zenith of her prosperity. Relieved from wars and tumults, the inhabitants exerted their active spirit in commerce and manufactures. Besides developing the intercourse with India, by way of Egypt, to an extent unknown since the best days of the Roman empire, Florence opened up a large trade with Spain and England, and became the chief buyer of their wools for the supply of her vast manufactures. It was then that the English were allowed to resort freely to the territories of Florence, and to carry thither every kind of merchandise, whether the produce of their own or other countries, not even excepting countries which were at war with the republic. They might there buy and sell, with the Florentines or any other people, all goods not already prohibited, or might carry even prohibited goods through the Florentine territories to any country, whether friendly or hostile, so that the policy of Florence, in her desire to make all nations her merchants, and to centre within herself, as far as possible, the trade of the world, resembled in many respects that of Tyre, and was far more liberal than Venice.[2]
