Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Tuesday, August 1, 2023

Exchequer of the Jews

In 1194, Richard I of England created a system by which all financial transactions by Jews would be documented by the Crown. This system created an office that was subordinate to the Royal Exchequer, and became known as the Exchequer of the Jews.

His motivation was the Massacre at York, as well as the anti-semitic riots that took place at his own coronation.

I think it would be interesting to see part of the actual (translated) decree (ellipses and italics are mine):

All the debts, pledges, mortgages, lands, houses, rents, and possessions of the Jews shall be registered. The Jew who shall conceal any of these shall forfeit to the King his body and the thing concealed, and likewise all his possessions and chattels, ..., and there shall be appointed two lawyers that are Christians and two lawyers that are Jews, and two legal registrars, and before them and the clerks of William of the Church of St. Mary's and William of Chimilli, shall their contracts be made.
And charters shall be made of their contracts by way of indenture. And one part of the indenture shall remain with the Jew, sealed with the seal of him, to whom the money is lent, and the other part shall remain in the common chest: wherein there shall be three locks and keys, whereof the two Christians shall keep one key, and the two Jews another, and the clerks of William of the Church of St. Mary and of William of Chimilli shall keep the third. And moreover, there shall be three seals to it, and those who keep the seals shall put the seals thereto. 
... For every charter there shall be three pence paid, one moiety thereof by the Jews and the other moiety by him to whom the money is lent; whereof the two writers shall have two pence and the keeper of the roll the third. 
And from henceforth no contract shall be made with, nor payment, made to, the Jews, nor any alteration made in the charters, except before the said persons or the greater part of them, if all of them cannot be present. And the aforesaid two Christians shall have one roll of the debts or receipts of the payments which from henceforth are to be made to the Jews, and the two Jews one and the keeper of the roll one.

Moreover every Jew shall swear on his Roll, that all his debts and pledges and rents, and all his goods and his possessions, he shall cause to be enrolled, and that he shall conceal nothing as is aforesaid. And if he shall know that anyone shall conceal anything he shall secretly reveal it to the justices sent to them, and that they shall detect, and shew unto them all falsifiers or forgers of the charters and clippers of money, where or when they shall know them, and likewise all false charters.

The three sets of locks and keys eliminated the chance of tampering, since the chest holding the official documents could only be opened if all three possessors of the keys were present.

There were two major benefits to this decree: one to the Crown, and one to the Jewish population. The Crown would have records of every transaction and could use them to tax the Jews involved. The Jewish moneylenders also benefitted, because any debtor wishing to accuse the moneylender of unfairness, or who tried to get out of repayment, now had to deal with a moneylender with the full weight of the Royal Exchequer behind him.

An additional benefit to the Crown was that the death of a moneylender without heirs meant a faithful accounting of all the moneylender was owed was known and therefore could be collected ... by the Crown, of course.

Documents from this office are extant for 1219-20, 1244, 1253, and 1266-87. (In 1290, all Jews were expelled from England by Edward I, or made to convert.)

One of these documents, in 1233, has an unusual feature: it is illustrated. The illustration above is part of it. The whole drawing is interesting as one of the earliest examples of Jews shown in a negative depiction. We're going to look at it very carefully next time.

Friday, July 1, 2022

The Richest Man of All Time

Current estimates of the richest people living today show Elon Musk topping the chart at 200+ billion dollars, but I'm going to tell you about someone who had twice that (adjusted for modern values).

Mansa Musa (reigned 1312 - 1337) was the ninth mansa (Mandinka word, generally translated "king") of the Mali Empire. The Mali Empire of West Africa thrived from 1235 - 1670 and included what is now Gambia, Guinea, Mauritania, Senegal, and of course Mali.

Much of the history and lore that has come down to us about the Mali Empire is from the 14th century North African traveler Ibn Khaldun and 14th century Moroccan traveler Ibn Battuta.

Mali had two resources for which the world hungered: salt and gold (and to a certain extent, copper). Salt was sometimes more important than gold, especially south of Mali where it was scarce and needed for people's diet. Ibn Battuta reported that the salt mines were in the desert where there was nothing else, no trees. Those who worked the mines cut the salt into slabs from which they built their huts, roofed over with camel skins. Salt was sold in slabs—two slabs per camel—and cost more the further it had to be transported.

All gold mined or found was legally the property of the mansa; it was illegal to trade gold within the borders, and all gold had to be turned over to the Mali imperial treasury. Gold as converted to gold dust, carefully measured and bagged and counted as a mithqal, equivalent to 4.5 grams. Mithqal was used interchangeably with dinar, although dinar usually referred to a coin. There are no Mali coins.

Mansa Musa became well-known across Northern Africa and the Middle East for his generosity when he, a faithful Muslim, made a pilgrimage to Mecca. This hajj covered 2700 miles between 1324 and 1325, and supposedly consisted of 60,000 men in fine clothing, accompanied by 12,000 slaves, each of whom carried four pounds of gold bars, and 80 camels, each of which carried up to 300 pounds of gold dust.

Along the way, Musa paid for all the necessary provisions for his caravan. He also (it is reported) built a mosque each Friday, and gave gold and gifts to the poor and cities as he passed. He also bought souvenirs. Once reaching Medina and Mecca, he continued to give gifts of gold everywhere, knowing that he had plenty at home.  Unfortunately, he gave so much gold along the way that it became devalued, inflation rose, and it took awhile for prices of gold to increase again.

His generosity also meant that, on the way back home, he ran out of money and had to sell many of his possessions and souvenirs to get back to Mali.

The date of his death is recorded by Ibn Khaldun, but there is some confusion  when comparing it to other sources. It seems likely that his reign ended in 1337, and that is the likeliest year of his death. Khaldun was writing years later and doing his best from the available sources, most of which was oral stories from those who knew Musa.

Still, Ibn Khaldun was known for his contractions to philosophy and history, etc., and worth a closer look...next time

Thursday, June 30, 2022

The Rammelsberg Mine

It all started when a knight, Ritter Ramm, was sent by Emperor Otto I to find game while visiting Harzburg. It was winter, with snow everywhere, but Ramm saw a track to follow. The track went high up a mountain into dense forest. When the trail became too steep for the safety of his horse, he decided to go on foot, tying the horse to a tree. Ramm found plenty of game, and returned to his horse. The horse, restless, had scraped the ground with its hoof, exposing a vein of something shiny. Ramm dug up a few pieces of the ore to take back to the Emperor. (Not the first time a horse led to an important place.)

Otto sent miners to to dig and open shafts; they settled in Goslar, the town just north of the mountain. Thus were the silver mines of Rammelsberg established in 968 (according to Widukind of Corvey, a Saxon historian). The mine became such an important source of imperial wealth that Henry II of Germany in 1005 had an Imperial Palace built in Goslar. The mines were used as an imperial bargaining chip and captured/destroyed/rebuilt over the years during different political disputes, but eventually became the responsibility of Goslar in 1359. Possession/control would keep changing over the centuries, including by the Hanseatic League, the Margraviate of Brandenburg, Henry V of Brunswick, the Kingdom of Hanover, the Kingdom of Prussia, and the Nazis in the 1930s.

The ores from Rammelsberg produced silver, lead, copper, and zinc. An estimated 30 million tons was extracted over the thousand-year period since its discovery, providing the silver for countless millions of coins, etc. It was closed down on 30 June 1988. Goslar has turned the Rammelsberg mine complex into a museum.

While on the subject of precious metals and coins, I said yesterday that I would tell you about a man with "too much" gold, and I will: tomorrow.

Wednesday, June 29, 2022

Silver and Gold

Roman gold mine
The Roman Empire was a far-reaching entity that gave the northern Mediterranean and Western Europe access to resources from the East and Africa. Spices come to mind, but gold is another resource that became more scarce after the Roman Empire started to crumble and its territories further from Rome became independent kingdoms. A lot of gold came from Nubia in the upper reaches of the Nile. Egypt was an enormous source of gold for the ancient world. (By far the most gold mined these days comes from North and South America.)

Europe hungered for gold, but did not have mines in which to find it. It did exist, however, in smaller amounts in rivers, where it could be panned.

What Europe and Britain did have was silver, and so silver coins dominated Western European currencies, especially after the 938CE discovery of enormous deposits of silver (along with lead and copper) in Rammelsberg in eastern Germany. Further discoveries of silver in the Black Forest, Freiberg, Bohemia, and the Alps fed the appetite for coins and jewelry for much of the Middle Ages, boosting the economy. It is estimated that in the 1220s, England minted 4,000,000 silver pennies, rising to 40,000,000 between 1279 and 1281.

Gold was found in 1320 in Slovakia, and smaller amounts were found later in France, Germany, and Britain. The High Middle Ages began to see gold used for more artwork, particularly ecclesiastical items, chalices, reliquaries, etc. Gold coins could also be minted outside of the Byzantine Empire.

Too much gold, however, can be a problem for the economy. Soon I'll tell you about a man who had too much gold. First, however, a little more about Rammelsberg.

Tuesday, June 28, 2022

Other French Currency

The franc was coined by King John the Good in 1360 to help stabilize the currency in France and try to generate the millions he needed to pay off Edward III of England for his ransom (he had been captured during the Battle of Poitiers). It was used for almost 300 years, then reintroduced post-Revolution (in 1795) in decimal form, remaining popular up to (and including) the introduction of the euro. In 1960, the unit of currency was re-named "new franc" and declared worth 100x the "old" franc. Eventually "new" was dropped and it was simply "franc" again.

Prior to the franc, there were many currencies used in France, many of them based on the livre tournois (the "Tours pound"). There was no livre tournois coin, because it was the equivalent of one pound of silver; it was used as a unit of measurement for accounting purposes. Pepin the Short, father of Charlemagne, created a long-standing system of currency for the French (and English) when he made the livre (pound) equivalent to 20 sous or sols (shillings), each of which was divided into 12 denier (pennies, seen in the illustration). The only coin minted in this system was the denier; the other two "coins" were simply used for convenience to describe larger numbers of denier.

Around 1000 CE the Capetians introduced the French Mark as a unit equivalent to 16 sols or 192 denier. Kings tried to establish a fixed standard for the livre and the Paris pound or livre Parisi was born, but the livre tournois became the standard for accounting during the reign of Louis IX in 1266.

The Hundred Years War saw the livre depreciating, and King John tried to correct this with the franc. It was called that as the short form of the inscription Johannes Dei Gratia Francorum Rex (Latin: "John by the grace of God king of the French"). The franc was now worth an entire livre tournois.

For most of the history of French currency, silver was used, while gold was more common in Byzantine currency. Did Western Europe have less accessibility to gold than other parts of the world? Let's talk about getting gold next time.

Monday, June 27, 2022

King John the Hostage

King John the Good of France was captured during the Battle of Poitiers in 1356 and taken to England as a hostage, hosted by King Edward. He was given grand lodgings along with his son Philip, where he could have horses and pets, travel the country, dine in grand style, and have a court astrologer and musicians. As a king and peer of Edward, he was going to be treated royally.

The Treaty of Brétigny in 1360 exchanged John for 83 other hostages while waiting for cash payments totaling three million écus. Edward would renounce his claim to the French throne, and France would allow him to hold several areas without owing allegiance to the French throne. John also gave over to England two of his sons: Louis I the Duke of Anjou, and John, Duke of Berry; they were held in Calais, under English control.

In 1362, Louis of Anjou decided he had enough and escaped captivity, against the terms of the treaty. King John was appalled, and felt honor-bound to return to captivity in England. He ultimately was hosted at the Tower of London, where he died in 1364.

Every account of John's captivity and freedom and return mentions that he minted the franc when he first was released in order to stabilize the French economy. Since I've been talking about currency recently, I suppose it's fair to give the franc its moment in the spotlight. See you next time.

Saturday, June 25, 2022

Mortgaging Children

This is the story of Philip of Courtenay (1243 - 15 December 1283). He was one of the Latin Emperors of Constantinople—the empire was established after the disastrous and mis-guided (literally) Fourth Crusade—even though the Byzantine Empire had re-established control in 1261. Technically he was an "Emperor in Exile."

He was born in Constantinople, the child of Baldwin II and Marie of Brienne. Baldwin was the last of the Latin Emperors who actually ruled from Constantinople. The difficulty with the "Latin Emperors of Constantinople" was that they didn't have the resources they would have enjoyed at home. They weren't landowners living off rents. Baldwin's "territory" was essentially the city itself, and he did not have the resources to control the country around him, where life just went on.

Baldwin went westward to beg for money, asking Rome and France to help support him financially. One plan was to supplant the Marchioness Margaret of Namur (a sometimes independent state, now basically a city in Belgium) to have the Namur revenues. It didn't matter to him that Margaret was his sister. Baldwin didn't stay to manage Namur, however, and after it was invaded by the Count of Luxembourg, Baldwin sold the rights to his cousin, Count Guy of Flanders.

Baldwin left Marie and a regency council behind while he traveled Europe begging. In 1238 they sold the Crown of Thorns to Venice for 13,134 hyperpyrons. Around that time Baldwin got money from Louis IX of France in exchange for some other relics, of which Constantinople had many.

But this is about his son, Philip, and you can guess where this is going. Baldwin and Marie borrowed 24,000 hyperpyrons from Venetian merchants. The mortgage, the surety for this loan, was their son, Philip of Courtenay. Philip was five years old at the time. He was sent to Venice to live in the household of two merchant brothers. He was there from 1248 until he was 17, in 1260, when the mortgage was paid with the help of Alfonso X of Castile.

Mortgaging your child seems like a cruel act by a desperate parent. As difficult as it is to argue with that, as usual, medieval sensibilities were different from ours, and never more so than in the idea of a hostage. In fact, the meaning and practice of "hostage" is my next topic.

Friday, June 24, 2022

The Mortgage

"Mortgage" is a Late Middle English word from Old French, and literally means "dead pledge"; folk etymology will say the name signifies the debt dying when it is repaid. The use of "mort" originally had a different meaning.

When the Normans invaded the British Isles, they introduced an item of Norman law called a "gage of land." Say I was a landowner in need of money; for a sum from a lender, I (the gagor) would give possession but not ownership to the lender (the gagee) until I paid off the loan.

There were two types of gages: living and dead. In the living gage (Norman vifgage) and the dead gage (mortgage). With the living gage, any profit made by the lender while in possession of the land—such as selling the produce from it—went toward reduction of the debt. The dead gage did not reduce the debt, however much the land might have produced for the lender.

During Henry II's reign (1154-1189), he tried to right some wrongs that occurred under his predecessor King Stephen (1135-1154), during which many properties had been improperly seized. In the Assize of Clarendon, Henry created the right of novel disseisin ("new/recent dispossession"), by which the gage could go to the royal court and claim improper dispossession. The cases were dealt with swiftly, which was a plus, but they did not actually determine proper ownership: they merely judged whether the land should go back into the original landowner's possession, and the question of ownership was left for later. Yes, it could get messy.

Novel disseisin made the lender's life difficult, since the gage could at any time make a claim to repossess the land. The practice could easily be abused by a gage.

A frequent use of mortgage after 1095 was for the money needed to afford to go on Crusade. But who had the money to lend? Surprisingly, because of generous gifts, monasteries often had the cash to offer—interest feee, of course. Because so many Crusaders came back with less money than they started with, or no money at all, or never came back because they died on Crusade, monasteries gained lots of land for grazing their sheep or planting vines.

Keep in mind, however, that mortgages were not as common as they are today when everyone wants to own a house. Things were different when generations of families stayed in one building, and cottages could be built by one's own labor, or with the help of friends and family.

Speaking of mortgages and family, however, have you ever heard of mortgaging your children? You will, if you come back tomorrow.

Thursday, June 23, 2022

A Living Wage

I've talked about different jobs here and here. What could you earn in different professions?

First, we need to know the currency:

1 pound (£) = 20 shillings (s)
1 shilling = 12 pence (d)
1 pence (penny) = 4 farthings
Additionally, 1 crown was only 5 shillings, and 1 mark = 13 shillings and 4 pence
The £, s, d symbols are from French Livre, sou, and denier, which are in turn from Latin liber, solidus, and denarius.

Lists of wages are not readily available; the information must be gleaned from various sources found in various time periods. For comparison's sake, I will keep to wages in the 1300s.

An unskilled laborer in 1300 could make £2/year, or 40s; by 1390 that had doubled to £4.

A manservant in 1390 could make 20s/year; a maidservant half that, 10s.

A swineherd made as much as the maidservant.

In 1351, as the Black Death was reducing the labor pool, a mason could earn 107s/year; by 1390, that had risen to £8, or 160s!

A carpenter in 1300 could make 53s/year. By 1351 (Black Death killing off workers!), that had risen to 80s/year, and a master carpenter could earn 107s. A little later, in 1400, the carpenter's apprentice would be worth 40s/year.

While the carpenter might be hired to help build a house, the thatcher might be needed for the roof. Collecting sufficient reeds, binding them, making them secure so that the roof is thick enough to keep out inclement weather and secure enough that high winds don't destroy it—these arduous and skilled tasks probably explain why the thatcher in 1390 could make £6/year, or 113s!

Of course, building a house took a lot more than one's savings. A two-story cottage in the early 1300s could cost £2, four times what the swineherd makes. A house with several rooms could cost £10-15! So what did the typical person/family do to afford it? Why, get a mortgage, of course. Did mortgages work the same way they do now? Let's find out tomorrow.

The Medieval Sourcebook has a lot of pricing information ranging from the 11th to 15th centuries, if you'd like to explore further.


Wednesday, June 22, 2022

The Cost of Things

When I taught high school English Literature, students were aghast at the small sums (a few hundred pounds) that a successful poet might have to live on. They had a difficult time grasping not only that prices were much lower, but also that the Age of Reason household did not use expensive machines for washing, cooking, preserving foods, calling friends, watching or hearing entertainment, etc.

I've tackled this topic at least once before, but mostly focused on food prices. Let us look at some other economic data. First, however, we have to know the currency:

1 pound (L) = 20 shillings (s)
1 shilling = 12 pence (d)
1 pence (penny) = 4 farthings
Additionally, 1 crown was only 5 shillings, and 1 mark = 13 shillings and 4 pence

The L, s, d symbols are from French Livre, sou, and denier, which are in turn from Latin liber, solidus, and denarius.

Now let's get dressed in the 1300s:

A fashionable gown (for upper class) could cost as much as 10 pounds.
A simple tunic for a working class man could cost 3-4 shillings
A landless serf's tunic anywhere from 1-6 pence
Highest quality wool for making clothes was 5 shillings/yard in 1380
If you wanted silk, it was 10-12 shillings/yard (but more easily available a century later)
(A loose-fitting tunic required 2.5 yards; a doublet (a lined tunic, so "doubled" fabric) needed 4 yards
Shoes and boots could be 4 to 6 pence
Accessorize with a hat (10 pence to 14 pence) and a purse (1.5 pence), and you were ready to hit the town

How affordable were these? Tomorrow we will look at what people earned in different professions.

Tuesday, June 21, 2022

The Golden Coin

Let us talk about coinage, specifically the solidus. Its plural was solidi; also known as the bezant (named for Byzantium, the earlier name of Constantinople, now Istanbul), and sometimes simply as nomisma, Greek for "coin."

It was introduced by our old friend Emperor Constantine the Great. He designed a gold coin weighing 4.45 grams. (As of this writing, gold is worth US$59.54/gram.) That weight stayed consistent from Constantine's time (early 300s) right up to the 1030s, after which Byzantine emperors started to make it with less gold because of a suffering economy due to military and civil problems. By the time of Alexios I it was being made with very little gold. Alexios eliminated the solidus in 1092, replacing it with the hyperpyron nomisma ("super-refined coin").

This hyperpyron was the same weight, though of slightly less purity because the debased solidi were recalled and melted down with gold to make the new coin. This coin was the standard until the mid-14th century, although it also suffered from succeeding emperors using less and less gold in it.

What was it "worth" in terms of buying power? Well, prices fluctuate over time and place, of course, and the day-to-day need for and value of goods is very different from how we live today. In Constantine's time, for instance, the average Roman would consume two pounds of wheat bread daily. In 320 CE a loaf of wheat bread could sell for two nummi (a silver coin, later made of copper or bronze). An early (pure gold) solidus at one time was worth 7200 nummi. A Roman cavalryman made 180 nummi per day. A solidus would be worth a month and a half salary for him. There's also a little more insight from this old post.

Next time, let's look at some prices closer to our time.

Monday, May 6, 2019

Found Treasure

Roman hoard found at St. Albans
Speaking of digging up old things...

Every once in awhile we hear of someone finding a hoard of coins or other treasure from centuries past. The Treasure Act of 1996 in England was created to answer the question: to whom does this find belong? How should it be handled? The Act applies to England, Ireland, and Wales; Scotland has its own laws regarding found treasure.

The rules for a find are simple: within 14 days, you must report your find to the local coroner. The coroner will conduct an inquest to determine if the find is, in fact, "treasure." The legal definition of treasure is based on whether it has real world (not just sentimental) value. The presence of a large number of items and the presence of a certain percentage of gold or silver figures into the definition. Also, the find must be at least 300 years old.

If the find is determined to be treasure, it must be offered for sale to a museum after being evaluated by a board of experts, called the Treasure Valuation Committee. If no museum wants the treasure, then the finder/owner can retain it or sell it to someone else.

What if I use a metal detector and find a hoard of coins in a farmer's field? Does it belong to the finder or to the property owner? The Treasure Act declares that the finder(s) and land owner(s) share the wealth in a ratio (usually 50/50) determined by the Treasure Valuation Committee.

Next I'll share some of the most notable treasures that were hoards of coins.

Thursday, March 17, 2016

The Art of the Deal

One of the very first posts on this blog years ago was about the collapse of the powerful Florentine banking corporation, the Bardi. One of he reasons often given for that collapse is the default by England's kings on repayment of loans used to fight their wars. The head of the London office for the Bardi was Francesco Balducci Pegolotti, whose job in 1347 was to deal with the results of the Bardi bankruptcy.

Still in (Italian) print!
Pegolotti (who flourished from 1310 to 1347) did something else, however, that would outlast him and the Bardi. He wrote a book, the Pratica della mercatura [Italian: "Mercantile practice"], that was a guidebook for years to come on international trade.

What is so valuable about the book? For a start, it has a glossary of all the terms used at the time in the field of mercantilism and taxes. It also contains a list of the 20 (!) languages it is good to have knowledge of if one wishes to be a successful merchant, everything from English and "Saracen" (Arabic) to several dialects of the Italian peninsula.

It lists several trading routes, everywhere from England to Persia to "Gattaio" (Cathay=China), and the stages one goes through to get to your destination. He also explains the business practices and customs of each of these places, to aid the merchant in successful dealing.

We also learn from Pegolotti what goods were to be had from each country, and where to go to find them. He lists, for instance, many monasteries in England and Scotland as sources of wool. Along with the goods, he explains the local systems of weights and measures, the local currency, and the formulæ needed to convert between them and one's own system.

Among the lists and tables included, we learn an enormous amount of detail about the 14th century:

  • Lengths of cloth
  • Fineness of gold and silver coin
  • Spices and their packing
  • Compound interest tables
  • Valuation of pearls and precious stones
  • Buying and selling grain
  • Shipping
  • Calendar tables
  • Fineness of gold and silver
  • Types and qualities of spices and other trade goods
No original manuscript exists, but the book remained in use, initially for its utility in international trade dealings, and now because of its historical value. The earliest copy we have is from over a century later, in 1472. An 18th century historian included the Pratica in a multi-volume history of Florentine finance. There is a 1936 edition that can still be found.

Thursday, October 16, 2014

The Tolerant Khan

There were many Khans in the Mongol Empire, but none quite like Tëmur. Tëmur was a grandson of Kublai Khan, born on 15 October, 1265; his father was crown prince, but died before Kublai, and when Kublai died in February 1294, the choice to succeed him was between Tëmur and his brother Gammala. A competition was held between them to see which one knew better the sayings of Genghis Khan; Tëmur won.

Over the next 13 years, Tëmur continued the policies and economic reforms of his grandfather. His personal accomplishments were few, and mostly in the realm of cultural diversity and tolerance. A Mongol and a follower of Buddhism, he expanded the presence of various other religions and ethnic groups in his administration.

Besides Mongols and Han Chinese, he had Muslims and a few Christians working for him. He declared that Confucians were to be respected; he hired a Confucian, Hargashun, as grand chancellor. He increased the number of Tibetans in the administration, and a Tibetan even married into his family. Kublai had been anti-Taoist, but Tëmur appointed a Taoist as head of his Orthodox Unity School.

He also relaxed the burden of taxes on his subjects, and gave exemptions for taxes several times. Mongol commoners, for instance, were at one point given two years free from paying taxes to the crown. (Unfortunately, this largesse would have a bad effect on the economy, since the loss of revenue weakened the paper currency.)

Everything passes, however. Tëmur Khan died on 10 February 1307.

Monday, August 11, 2014

Möngke Khan

Among the western Europeans who traveled eastward and wrote of the wonders of "The Orient," we have mentioned William Rubruck (c.1210 - 1270), who traveled to Karakorum, the capital of the Khans. The Khan at the time was Möngke Khan.

Möngke was a grandson of Genghis Khan. He ruled the Mongol Empire from 1251 to 1259, and was succeeded by another of Genghis' grandsons, Kublai Khan. During his reign, Möngke continued to conquer more territory and bring it under Mongol control.

He was also a politician who cared about proper governance of the empire. One of the things that needed correction was the Mongol monetary system. Paper money (first authorized by Genghis shortly before his death in 1227) was being printed and issued without control since the reign of Ögedei Khan. (Ögedei was himself childless, and Möngke and Kublai had been raised at his court.) Möngke created a Department of Monetary Affairs in 1253 to control the printing of paper money and create currency standards. An empire-wide silver standard was established—the sukhe, a silver ingot that could be divided into 500 sub-denominations—although conquered territories could continue to mint their own traditional denominations. Eventually, coins of other metals were introduced.

As for William Rubruck's mission to convert people to Christianity: Mongke was busy, and refused even to see William for many months. Möngke was probably aware of Carpini's envoy to Güyük Khan's court in the previous decade, carrying a letter from the pope that chastised the Khan. When he finally received William, a debate ensued in which William did not fare well. Möngke decided that they should all write down their questions and have a formal debate. This took place a year later, with arguments being put forward before three judges: a Christian, a Muslim, and a Buddhist. The affair became heated. Möngke finally summed up:
"Just as God gave different fingers to the hand so has He given different ways to men. To you God has given the Scriptures and you Christians do not observe them". He explained God had given the Mongols their shamans. [Genghis Khan and the Making of the Modern World, By J. McIver Weatherford]
Möngke died on 11 August 1259, while conducting a war in China. His death led to a four-year civil war between two younger brothers, at the end of which Kublai defeated Ariq.

Tuesday, June 24, 2014

Enrico Dandolo

This past Saturday, the 21st of June, was the anniversary of the death of Enrico Dandolo, the 42nd Doge of Venice. His tenure as Doge had great significance for Venice, and had disastrous consequences for Constantinople.

Born about 1107, he had a successful career as a diplomat who came to true prominence in 1171 when Constantinople imprisoned all Venetians and confiscated their property. The Doge at the time, Doge Vitale II Michiel, gathered a force to attack Constantinople, but the plan failed when plague in 1172 killed many in the expedition. Michiel was killed on his return to Venice by the angry citizenry, but the returning Enrico Dandolo was made ambassador to Constantinople. A treaty was finally brokered in 1186, but the enmity between Venice and Constantinople remained, as we shall see.

In 1192, Dandolo became the 42nd Doge. By this time, he was in his 80s* and blind—one contemporary chronicler (Geoffrey de Villehardouin) claimed it was due to a head wound—but his cleverness made him the popular choice, and his actions over the next decade justified it. He reformed Venetian currency, creating new coins of different denominations. One coin, the grosso, was consistently minted with 98.5% pure silver, making it a reliable standard for trade in the Mediterranean and increasing the economic prestige of Venice.

His biggest impact on history, however, came during the 4th Crusade. In the next few posts we will take a look at the 4th Crusade and why it went horribly wrong.

*This is an assumption; one scholar believes he has clear evidence for 1107 as the year of Dandolo's birth, but the level of activity he showed after becoming Doge prompts some to think he must have been a younger man.

Thursday, March 27, 2014

Dirty Jobs

Medieval Occupations [source]
In the Middle Ages, the lack of machinery meant any job that needed doing required someone to "get their hands dirty." But were any jobs considered "too dirty" to be respectable? In Time, Work, and Culture in the Middle Ages by Jacques LeGoff,* we are given several reasons for jobs being scorned by the community—even if they were necessary—because of "ancient taboos."

One taboo was about blood. Spilled blood was not a good thing, and so those who dealt with blood were to be kept separate from the rest of the community: executioners and soldiers, of course, but also butchers and surgeons.

Another taboo involved filth and impurity. Dyers and fullers of cloth and textile workers had hands and skin stained by the chemicals used in their trades, and were considered unclean. Those who washed dishes and laundry also dealt with much dirt (even though the object was to make things clean), and were not high on the social ladder.

Money was a taboo, especially thanks to Biblical lessons about a rich man and the eye of a needle (Matthew 19:23-26 and other Gospels), Jesus upsetting the tables of the moneychangers in the temple (Mark 11:15-19 and other Gospels), and the injunction against usury (Luke 19:22-23 and other Gospels).

Innkeepers and bath keepers ran places that could be the site of improper behavior. Tavernkeepers sold wine. Cooks were the purveyors of gluttony. Although not outlawed, all these professions were considered with suspicion.

One wonders how the middle class ever grew!

*University of Chicago Press 1980.

Thursday, March 6, 2014

The Legacy of Liuvigild

Liuvigild on one of his campaigns
detail from an ivory reliquary, 11th c.
Liuvigild was mentioned yesterday as the Visigothic King in the Iberian peninsula who killed his own son, Hermengild, after the son was converted from Arian Christianity to Roman Catholic Christianity. Liuvigild then exiled Bishop Leander of Seville who was responsible for converting Hermengild and preaching against Arianism.

Sounds pretty harsh. There's always at least one other side to a story, however.

Liuvigild ruled Hispania (the Iberian Peninsula) and Septimania (a territory in what is now southern France, on the Mediterranean). He was born about 525. He first came to the throne in 568, when his brother, King Liuva I, named Liuvigild co-king and heir. At his brother's death in 571/2, he became sole ruler, and set about to make sure all the Iberian Peninsula was united, a goal he largely accomplished by 577.

One of his acts as king was to revise the Codex Euricianus ["Code of Euric"], a set of laws designed before 480 by King Euric of the Visigoths. The earlier version stratified society between Goths and non-Goths. Liuvigild's version, called the Codex Revisus ["Revised Code"], gave equal rights to both the Visigoths under his rule and the conquered Hispano-Roman population.

He was married twice. His first wife, Theodosia, bore him two sons, Hermengild and Reccared. After her death, he married the widow of Athanagild, who had been king before Liuva and Liuvigild. Reccared became his father's favorite; Liuvigild even founded a city which he named after Reccared: Recopolis.

Liuvigild also minted a new coin, based on a Roman design. The Visigoths, by virtue of moving into and taking over much of the Roman Empire, considered themselves its heirs. Liuvigild struck a coin with a design that resembled one that had just been produced by the Byzantine Emperor Tiberius II.

Liuvigild died in 586. He was succeeded by Reccared.

Monday, February 24, 2014

The Price of a Man (With Details)

King Æthelbert of Kent (c.560-616) was first mentioned here in an explanation of wergild, the price paid by law for a man's death by the killer. This system helped to halt the endless "Hatfield and McCoy" style of revenge killings that could destroy families and tear apart a community.

But was each man worth the same amount? And what were they worth? And what if he wasn't killed, but there was some other transgression that required revenge? Æthelbert had that covered; here are some "items from the menu":

[The bracketed items are my translations of the Anglo-Saxon terms.]
3. If the king drink at any one's home, and any one there do any lyswe [corrupt thing], let him make two-fold bot [compensation].
4. If a freeman steal from the king, let him pay ninefold.
5. If a man slay another in the king's tun [manor], let him make bot with fifty shillings.
6. If any one slay a freeman, fifty shillings to the king, as drihtinbeah [lord's payment].
7. If the king's ambihtsmith [court craftsman], or laadrinc [escort], slay a man, let him pay a half leodgeld [wergild for manslaughter].
8. The king's mundbyrd [protection], fifty shillings.
9. If a freeman steal from a freeman, let him make threefold bot; and let the king have the wite [penalty fee] and all the chattels.
10. If a man lie with the king's maiden, let him pay a bot of fifty shillings.
12. Let the king's fedels [livestock] be paid for with twenty shillings
13. If a man slay another in an earl's tun [earl's/lord's village/manor], let him make bot with twelve shillings.
14. If a man lie with an earl's birele [steward], let him make bot with twelve shillings.
15. A ceorl's [low-class freeman; a churl] mundbyrd, seven shillings.
16. If a man lie with a ceorl's birele, let him make bot with six shillings; with a slave of the second (class), fifty sceatts [coin worth 1/20th of a shilling]; with one of the third, thirty sceatts.
17. If any one be the first to make an inroad into a man's tun, let him make bot with six shillings; let him who follows, with three shillings; after, each, a shilling.
18. If a man furnish weapons to another where there is strife, though no evil be done, let him make bot with six shillings.
19. If wegreaf [highway robbery] be done, let him make bot with six shillings.
20. If the man be slain, let him make bot with twenty shillings.
21. If a man slay another, let him make bot with a half leodgeld of 100 shillings. . . .
31. If a freeman lie with a freeman's wife, let him pay for it with his wergild, and provide another wife with his own money, and bring her to the other.
(...regarding fighting:)
34. If there be an exposure of the bone, let bot be made with three shillings.
35. If there be an injury of the bone, let bot be made with four shillings.
38. If a shoulder be lamed, let bot be made with thirty shillings.
39. If an ear be struck off, let bot be made with twelve shillings.
40. If the other ear hear not, let bot be made with twenty-five shillings.
41. If an ear be pierced, let bot be made with three shillings.
42. If an ear be mutilated, let bot be made with six shillings. 
(...and what I think is my favorite:)
51. For each of the four front teeth, six shillings; for the tooth which stands next to them four shillings; for that which stands next to that, three shillings; and then afterwards, for each a shilling. (See this explained on YouTube.)
It goes on. There are 85 rules of payment in all. You can find them (and more early medieval laws) here.

Tuesday, February 18, 2014

Kublai Khan

Today is the anniversary of the death of Kublai Khan (1215 - 1294), grandson of Genghis Khan. During his 34-year reign (he was crowned on 5 May 1260, succeeding his brother, Möngke Khan), he accomplished many notable things.

One was establishing the Yuan dynasty and extending his rule over one-fifth of the inhabited land area of the world. Before his death he had become not only the ruler of Mongolia but also the first non-Chinese Emperor of China.

He was known for curiosity about other religions and countries that led to great tolerance of foreigners. The reputation of Tibetan monks as healers inspired him to add a Tibetan priest to his retinue. He showed great interest in Christianity, requesting that the pope send him 100 priests and some relics of Christ. (He didn't get them.) He was a Buddhist who did not appreciate Taoism, but he did show respect for Taoism, putting Taoist temples under the jurisdiction of his "Academy of Scholarly Worthies." Kublai also had 30 Muslims in his administration, some of whom were governors of provinces.

He was attentive to infrastructure needs, rebuilding the Grand Canal (at 1104 miles, the longest canal in the world, linking the Yellow and Yangtze Rivers). He also repaired highways and public buildings. He extended taxation to Mongol merchants.

Paper currency had been used by this time for a generation or two, but Kublai established a uniform currency throughout his territory. Based on silver and gold, the paper money could be converted at any time. Later, however, Kublai needed to produce more money for some of his plans, and issued new notes that were not backed by precious metals. This example of fiat money (possibly the first in the world) would always be accepted by the government.