Page:History of merchant shipping and ancient commerce (Volume 1).djvu/406

 Thus, to facilitate commerce, all money coined in the kingdom was decreed to be of one kind in its relative value, so far as regards receipts and payments; and the Winchester measures were fixed as the standard of all measures throughout the country. Many restrictions were enforced as to the method of transacting business; and no one was permitted to buy or sell except in the presence of two or more witnesses. Every member of a tithing was required, if he went to a distant market, to inform the borst-holder, not merely what he intended to purchase or dispose of, but on his return to declare into what transactions he had entered. Restrictions, however, which would be ruinous to modern commerce may have been necessary in its infancy.

The annals of the long and disastrous reign of Ethelred II. afford but one continued picture of rapine and plunder. "The Danish and Norwegian robbers," remarks Macpherson, in his Annals of Commerce, "now united, and led by Swein, king of Denmark, and Olaf Trygvason, who afterwards became king of Norway, spread the horrors of slaughter, captivity, and desolation over all the country. After wasting the lands, and utterly extinguishing cultivation and industry, they compelled the miserable people to bring in provisions for their subsistence; and they moreover extorted in the name of tribute, as the price of peace, but in reality the premium for invasion, the enormous sums of ten thousand pounds of silver in the year 991, sixteen thousand pounds in