The credit relationship between Henry III and merchants of Douai and Ypres, 1247-70
Adrian R. Bell|Chris Brooks|Tony Moore
This article looks at an important but neglected aspect of medieval sovereign debt, namely ‘accounts payable’ owed by the C rown to merchants and employees. It focuses on unusually well‐documented relationship between H enry III , K ing E ngland 1216 1272, F lemish from towns D ouai Y pres, who provided cloth credit royal wardrobe. From surviving documents, we reconstruct advanced wardrobe pres for each year 1247 1270, together with king's repayment history. The interactions king are then analysed. insights this analysis applied historical data explain trading decisions made during period, as well why strategies prois sometimes differed those ouaissiens.
The Economic History Review