Publisher's Synopsis
Excerpt from Extracts Relating to Mediaeval Markets and Fairs in England
There is no direct evidence as to the origin of markets and fairs in England. Early Oriental and classical liter ature indicate that they have served all peoples whose development has reached a certain stage. As commu nities cease to be entirely self-supporting trade arises naturally; and trade is Obviously facilitated by a con centration in particular places at particular times of sellers and buyers. Certain of these gatherings had in the ninth century already been regularised in England as markets. The king or other lord had become re sponsible for the validity of sales in them, and suffered them to take place within the territory over which he had power. In return he received from the market people tolls, fines for transgressions, and other dues, which were a considerable source of profit, sufficient to make the tenancy of a market an Object of desire. It was frequently acquired by a religious house.
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