598 



A. D. 1386. 



repaid ;^2, 000, tvhich he had borrowed from the city of London by 

 laying his crown and fome valuable trinkets in pawn. The king now 

 niade a loaiij wherein the iums fubfcribed, or demanded, were larger 

 than in any preceding one. Of 51 fubfcriptions there were 25 by ec- 

 clefiaftical perforis, from £4.33 : 6 : 8 , the fum lent by the archbifhop of 

 Canterbury, down to ;^i3 : 6 : 8 j none by the barons j and 26 by cities 

 and towns, as follows. 



Chichester 



L-tTine 

 Worcester 

 Leicester 

 Gloucester 

 Lincohi lOO 

 and 70 

 York - 

 S'. Edmundsbury 



London * 



and again 4,000 / •^^'"^ 

 Cambridge - 60 



Cirencester 

 Salisbury 

 <L"oventry 133 6 



and S2 10 



and 100 

 Bristol 



o 



6 8^ 



10 > 



oj 



20 

 200 



o 





 



315 16 S 



200 O 



Oxford 



Whether the people of Boflon were refradory, or it was the general 

 form, we find, by a mandate direded to that town, that every perfon 

 living in it and its fuburbs, pofTeffing property to the value of ;^20, 

 was ordered under pain of imprifonment, to contribute his proportion 

 of/^200, the fum demanded by the king. [Fo^dera, V. v\\,'pp. 341, 2)S9^ 

 543, 544.] It does not appear that intereft was ever paid upon any of 

 thofe loans, which were therefor in effed taxes, even if they were punc- 

 tually repaid, of at leaft the value of the intereft. In the preceding 

 year the king borrowed /^i,6oo from a Lombard merchant. \Rct. pat. 

 prim. 9 Rk. II, m. 31.] Whether he had the ufe of that money without 

 intereft, depended upon circumftances between him and the lender. 



September 25"" — ^The king obferving that the increafed demand had 

 raifed the price of armour and horfes, which he thought wicked and 

 unrealbnable, direded proclamations to be made in the counties of Lin- 

 coln and Cambridge, aird the Eaft and North ridings of York-ftiire, or- 

 dering that they ftiould be fold no higher than formerly f . [Fccdera, V. 

 vii, p. 546.] 



This year fome Genoefe cogs and carracks, loaded with wines, fpices, 

 ftuffs of gold and filk, gold, filver, pretious ftones, 8cc. bound for Flan- 

 ders, were feized on the coaft of Kent, and carried into Sandwich. By 

 the interceflion of Michael de la Pole, earl of Suffolk and chancellor of 

 the kingdom, the captors were ordered to give up the veflcls to the own- 

 ers, who were moreover indemnified for the damage fuftained by them J. 

 {Knyghton, col. 2678. — Walfingham, p. 322.] 



• The London loana do not appear along wlih 

 the red in the Fader.! ; but they art found in the 

 patent rolls, prm. 9 Ric. II, m. 42 and prim. 10 

 Ric. II, m. 5. 



f Though the proclamation wai probably of no 

 avail for tlie purpofe intended by its author, it 

 fcrvcs to let uf. know, that thofe parts of England 

 mentioned in it were then, as they arc at this day, 

 the chief breeding conntrici for horfes, 



X With the fame blind avarice, wherewith he 



had inveighed againfl the relloration of Mercer 

 [fee (ihovc, p. 586) Walfingham now reprobates 

 tin's 3.t\ of jnftiec of tlie earl of Suifolk, whom, 

 intending to dilhonour him, he calls a merchant, 

 the fon of a merchant, nioie engaged from hi»- 

 infancy in commerce than in militaiy affaiis, more 

 acquainted with bankers than witli loldiers. In 

 thofe days the chuich and the army cngioflcd all 

 rcfpcdtability to thcmfclvcs. 



