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7 - Credit and wealth

Published online by Cambridge University Press:  25 October 2011

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Summary

Colchester's growth of trade and industry during the later fourteenth century brought about major changes in the composition, level and distribution of wealth. The assessment of movables in 1334, on which the borough continued to be taxed, soon became grossly unrepresentative of the real state of affairs. Not all the implications of these changes can be observed, for want of evidence concerning the distribution of wealth. But some new features of life in the town are sufficiently in evidence to be worthy of comment, particularly the expansion of credit and the growth of the merchant class.

A glance at the growing bulk of Colchester's court rolls is enough to demonstrate the expansion of business during the years following the Black Death. The total number of pleas brought to the courts increased by about five times between the mid 1350s and the early 1380s. More revealing than mere totals, however, is an analysis of litigation by types of plea. In the mid 1350s about one half of all pleas brought to court were for trespass–a broad category including all civil cases arising from assault and damage to property. The subsequent increase in the number of such pleas was no more than might be expected in the wake of rising urban population. Meanwhile, the number of pleas of other kinds increased more rapidly, so that by the early 1380s pleas of trespass accounted for less than one fifth of the total.

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Publisher: Cambridge University Press
Print publication year: 1986

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  • Credit and wealth
  • R. H. Britnell
  • Book: Growth and Decline in Colchester, 1300-1525
  • Online publication: 25 October 2011
  • Chapter DOI: https://doi.org/10.1017/CBO9780511896484.012
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  • Credit and wealth
  • R. H. Britnell
  • Book: Growth and Decline in Colchester, 1300-1525
  • Online publication: 25 October 2011
  • Chapter DOI: https://doi.org/10.1017/CBO9780511896484.012
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Credit and wealth
  • R. H. Britnell
  • Book: Growth and Decline in Colchester, 1300-1525
  • Online publication: 25 October 2011
  • Chapter DOI: https://doi.org/10.1017/CBO9780511896484.012
Available formats
×