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"Century, By William Stevenson"

Novogorod, indeed, which was in fact a republic under the
jurisdiction of a nominal sovereign, enjoyed in the fifteenth century, a
great trade, being then the mart between Russia and the Hanseatic cities.
On its conquest by the Russians in the beginning of the next century, the
Hanseatic merchants deserted it, though it continued for a considerable
period afterward the largest and most commercial city in Russia. In 1509,
Basilicus IV. conquered the city and territory of Pleskow and Smolensko,
and consolidated the Russian empire, by reducing all the petty
principalities into which it had been previously divided. Pleskow, situated
near the head of the lake Czudskoc, soon became a celebrated emporium, and
before the end of this century was frequented by merchants from Persia,
Tartary, Sarmatia, Livonia, Germany, Britain, and other countries.
The accidental discovery of the White Sea by the English, in 1553, has been
already narrated: this led to the first intercourse by sea between Russia
and the rest of Europe, for previously, whatever of their produce was
exported, was carried in Livonian ships. In the following year, the
facilities of Russia with Asia were encreased by the conquest of the city
and kingdom of Astracan: by this conquest the entire navigation of the
Wolga became theirs, and by crossing the Caspian, they carried their
commercial transactions into Persia.


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