About the year 1422, the Genoese
obtained from the Greek emperor the lease of a hill in Asia Minor,
containing alum: England was one of the chief customers for this article;
but it undoubtedly was imported, not in English, but in Genoese vessels. In
the year 1450 the Genoese delivered alum to the value of 4000l. to Henry
VI. Bristol seems to have been one of the most commercial cities in
England. One merchant of it is mentioned as having been possessed of 2470
tuns of shipping: he traded to Finmark and Iceland for fish, and to the
Baltic for timber and other bulky articles in very large ships, some of
which are said to have been of the burden of 400, 500, and even 900 tons.
Towards the latter end of the fifteenth century, the parliament, in order
to encourage English shipping, (as hitherto the greatest part of the
foreign trade of England had been carried on by foreign merchants in
foreign vessels,) enacted a species of navigation law, and prohibited the
king's subjects from shipping goods in England and Wales on board any
vessel owned by a foreigner, unless when sufficient freight could not be
found in English vessels.
Such are the most instructive and important notices respecting the state
and progress of English commerce, which occur prior to the discovery of the
Cape of Good Hope and America. We shall now proceed to give similar notices
of the commerce of Scotland, Ireland, France, and the other countries of
Europe; these, however, shall be very brief and few.
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