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By Adrian R. Bell

The wool industry used to be very important to the English medieval economic system and wool ruled the English export alternate from the overdue 13th century to its decline within the overdue 15th century. Wool used to be on the leading edge of the institution of britain as a eu political and fiscal strength and this 2007 quantity was once the 1st research of the medieval wool marketplace in over twenty years. It investigates intimately the dimensions and scope of improve contracts for the sale of wool; the vast majority of those agreements have been shaped among English monasteries and Italian retailers, and the publication specializes in the information contained inside them. The pricing constructions and marketplace potency of the agreements are tested, applying practices from smooth finance. an in depth case examine of the impression of moving into such agreements on medieval English monasteries can also be offered, utilizing the instance of Pipewell Abbey in Northamptonshire.

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Extra info for The English Wool Market, c. 1230-1327

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E 159/59, rot. 4 (schedules). Advance Contracts, no. 82. E 159/61, rot. 14. Advance Contracts, no. 103. C 54/93, m. 3d. Advance Contracts, no. 19. E 159/53, rot. , E 368/53, rot. 14 (Meaux); E 159/59, rot. , E 368/59, rot. 19d. (Rievaulx). 14d. (Pontefract); C 54/108, mm. , E 159/64, rot. 10; E 368/62, rot. 14 (Pipewell); E 159/72, rot. 45 (Byland, £10). Advance Contracts, nos. 42, 86, 221, 46, 133, 157. Advance contracts for the sale of wool 41 Cambrai, inserted a clause into his contract with Darnhall, charging the monks £20 for each day that they defaulted, £10 of which would go to pay the expenses of any sheriffs or bailiffs making distraint in their favour.

This contract appears in transcription in Memorials of the Abbey of St Mary of Fountains, ed. J. R. Walbran (Durham: Surtees Society vol. XLII, 1867), pp. 177–179. E 159/53, rot. 12d; E 368/53, rot. 14. Advance Contracts, no. 42. Jenkinson, ‘William Cade, a Financier of the Twelfth Century’. Lloyd, English Wool Trade, pp. 289–295. Prestwich, ‘Italian Merchants in Late Thirteenth and Early Fourteenth Century England’, p. 91. 26 The English Wool Market, c. 56 However, as has been seen, the Mozzi and Frescobaldi, as well as Cahorsin merchants, also frequently appear among surviving contracts.

34 The English Wool Market, c. 1230–1327 the Crown to broker compromise with a suffering foundation and so assist in the remittance of other debts. On 10 January 1289, for example, Stephen de Cornhulle, a renowned London merchant, came into the Exchequer to have enrolled his remission to Alice de Cobham, prioress of Minster in Sheppey, of a contract by which her predecessor Isabella de Essetestifford and her convent had covenanted to deliver their entire annual wool crop to him each year for life.

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