Privileges granted to foreign traders by English King, Edward I

Historical Context Note

Litencyc Editors (Independent Scholar - Europe)

The Literary Encyclopedia. Volume 1.2.1.02: English Writing and Culture: High and Late Medieval, 1066-1485.
Vol. editors: Kate Ash-Irisarri (University of Edinburgh), Rory Critten (Université de Lausanne), David Fuller (University of Durham), Natalie Hanna (University of Liverpool), Hugh Magennis (Queen's University Belfast), Jamie McKinstry (University of Durham), Sarah Peverley (University of Liverpool), Sebastian Sobecki (Rijksuniversiteit Groningen)

Domains

Trade and exchange of goods

Dates

Date of occurrence 1303

Places

England (Location)

Resources

Save to Bookshelf

Through the 'Carta Mercatoria', a charter granted to foreign merchants in England by King Edward I, these traders gained guarantees of various privileges. They were promised freedom to trade, protection by the law, and exemption from tolls, as well as an assurance that their duty rates would not increase. This was unpopular with English merchants, as it seemed to put their overseas rivals at an advantage, so the charter was revoked under the reign of Edward II. However, merchants from the Baltic countries of the Hanseatic League retained preferential treatment under the terms of a replacement treaty agreed by Edward III in 1334.

Please log in to consult the article in its entirety. If you are a member (student of staff) of a subscribing institution (see List), you should be able to access the LE on campus directly (without the need to log in), and off-campus either via the institutional log in we offer, or via your institution's remote access facilities, or by creating a personal user account with your institutional email address. If you are not a member of a subscribing institution, you will need to purchase a personal subscription. For more information on how to subscribe as an individual user, please see under Individual Subcriptions.

102 words

Citation: Editors, Litencyc. "Privileges granted to foreign traders by English King, Edward I". The Literary Encyclopedia. First published 31 July 2012 [https://www.litencyc.com/php/stopics.php?rec=true&UID=9346, accessed 06 May 2024.]

Save this article