The Venetians in this emergency looked towards
the ancient route to India, or rather the ancient depot for Indian goods,--
Alexandria: 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.
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