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6 - The loss of the Hanse franchises, 1551–1611

Published online by Cambridge University Press:  18 December 2009

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Summary

The dispute between the Merchant Adventurers and the Hanse merchants revolved generally around exports of cloth and in particular around the role of Antwerp as a cloth mart and a source of imports. For the first few years of Edward VI's reign the Hansards successfully defended their stake in the trade. When their rivals persuaded the government to lift the restriction on the export of unfinished cloth, on the grounds that inflation had rendered it inoperable, the Hanse merchants were granted the same favour. In the summer of 1548 they were threatened with a withdrawal of this concession and the Steelyard ordered a ban on the export of all cloth to Zeeland and Brabant. Danzig protested that this action had not been sanctioned by the towns, to which the officials replied that it was designed to rouse English clothiers to support their rights. The mere threat of a boycott seems to have been remarkably effective, since Hanse cloth exports in 1547–8 were the highest ever yet recorded. There was no more talk of discrimination and Hanse cloth exports continued their upward progress. In April 1550 came the first hint of the fact that Antwerp could not soak up an unlimited amount of English cloth. A group of clothiers complained that the Merchant Adventurers had abated prices, so that they were unable to dispose of their products without the loss of 20s on each piece.

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England and the German Hanse, 1157–1611
A Study of their Trade and Commercial Diplomacy
, pp. 292 - 362
Publisher: Cambridge University Press
Print publication year: 1991

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