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 256 General History of Europe interest. Money was believed to be a dead and sterile thing, and no one had a right to demand any return for lending it. Interest was considered wicked, since it was exacted by those who took advantage of the embarrassments of others. "Usury," as the taking of even the most moderate and reasonable rate of interest was then called, was strenuously forbidden by the laws of the Church. So money-lending, which is necessary to all great com- mercial and industrial undertakings, was left to the Jews, who were not required to obey the rules established by the Christian Church for its own members. 421. The Jews as Money-Lenders. This ill-starred people played a most important part in the economic development of Europe, but they were terribly maltreated by the Christians, who held them guilty of the supreme crime of putting Christ to death. The active persecution of the Jews did not, however, become com- mon before the thirteenth century, when they first began to be required to wear a peculiar cap, or badge, which made them easily recognized and exposed them to constant insult. Later they were sometimes required to live in a certain quarter of the city, called the Jewry or Ghetto. As they were excluded from the guilds, they not unnaturally turned to the business of money-lending, which no Christian might practice. Undoubtedly this occupation had much to do with causing their unpopularity. The kings permitted them to make loans, often at a most exorbitant rate ; Philip Augustus allowed them to exact 46 per cent, but reserved the right to extort their gains from them when the royal treasury was empty. In England the usual rate was a penny a pound for each week. 422. Tolls and Other Annoyances. Another serious disadvan- tage which the medieval merchant had to face was the payment of an infinite number of tolls and duties which were demanded by the lords through whose domains his road passed. Not only were duties exacted on the highways, bridges, and at the fords, but those barons who were so fortunate as to have castles on a navigable river blocked the stream in such a way that the mer- chant could not bring his vessel through without a payment for the privilege.