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This text was copied from Wikipedia on 29 May 2024 at 3:10AM.

The Steelyard, from the Middle Low German Stâlhof (sample yard),[1] was the kontor of the Hanseatic League in London, and their main trading base in England, between the 13th and 16th centuries. The main goods that the League exported from London were wool and from the 14th century woollen cloths. An important import good was beeswax. The kontor tended to be dominated by Rhenish and Westphalian traders, especially from Cologne.

The Steelyard was not the only Hanseatic trading post in England. There were a number of Hanseatic factories on the English east coast, like the remaining Hanseatic warehouse in King's Lynn, Norfolk.


The name seems to indicate the practice of tagging samples (stalen) of inspected wool with a seal.[2]: 96 

In Charles Kingsford's commentary on John Stow's A Survey of London (1598 edition) the Middle Low German name Stâlhof is the older usage, appearing as early as 1320.[3][4]: 137  Kingsford traces the first reference to it as the Steelyard to 1382. In 1394 an English merchant writing from Danzig has: In civitate Londonia[...]in Curia Calibis: "In the city of London[...]at the court of steel" (chalybs). Kingsford concludes that Steelyard is a mistaken translation of Stâlhof.[3][5]

The kontor was also called the Esterlinghall ("Easterling hall") in Middle English, in 1340 for the first time.[4]: 138 


A commemorative plaque placed in 2005 at Cannon Street station, near the location of the Steelyard

The Steelyard was located on the north bank of the Thames by the outflow of the Walbrook, in the Dowgate ward of the City of London. The site is bounded by Cousin Lane on the west, Upper Thames Street on the north, and Allhallows Lane on the east, an area of 5,250 m2 or 1.3 acres. It is now covered by Cannon Street station and commemorated in the names of Steelyard Passage[6] and Hanseatic Walk. The Steelyard, like other Hansa stations, was a separate walled community with its own warehouses on the river, its own weigh house, chapel, counting houses, a guildhall, cloth halls, wine cellars, kitchens, and residential quarters.[6] The kontor could be accessed by sea-going ships.[4]: 131 

As a church the Germans used former All-Hallows-the-Great, since there was only a small chapel on their own premises.

In 1988 remains of the former Hanseatic kontor, once the largest medieval trading complex in Britain, were uncovered by archaeologists during maintenance work on Cannon Street Station.


A plan of the Steelyard from Johann Gustav Droysen's Atlas, claimed to be as it was in 1667

Merchants from Cologne bought a building at the corner of Thames Street and Cousin Lane in the 1170s, though they seem to have used it as early as 1157, and it became known as the "Germans' Guildhall" (Gildahalda teutonicorum).[2]: 96 [3] Henry II of England granted very extensive privileges to traders from Cologne in 1175/76 in an attempt to limit the power of Flemish merchants who then controlled the English wool trade. This group from Cologne effectively controlled the trade of Rhine wine and acquired a building called the gildhalla from then on too.[7]: 35–36  They're alluded to in the De itinere navali, an account of crusaders from Lübeck for whom the Kontor arranged the purchase of a replacement cog in the summer of 1189.[8] The privileges of the Guildhall existed alongside individual cities' privileges.[7]: 61  Low German traders from the area around the Baltic Sea appeared in England too around this time, but they directed their trade more at English towns up north.[7]: 36 

Hanseatic kontor

The merchant communities from Westphalia and the Rhineland and from the Baltic formed a joint venture by the mid 13th century. They took over the hegemony in the trade with England from the Flemings later in the century and even began to get involved in the export of English wool to Flanders.[7]: 36–37 

The first mention of a Hansa Almaniae (a "German Hansa") in English records is in 1282,[4]: 137  concerning merely the community of the London trading post. This was a union of town merchant guilds (hanses) from Cologne, or the Rhineland, and Lübeck and Hamburg. It was maybe more the result of government pressure from London and the English king than a free decision.[7]: 58–59  The settlement was only later made official as the Steelyard and confirmed in tax and customs concessions granted by Edward I, in a Carta Mercatoria ("merchant charter") of 1303. This led to constant friction over the legal position of English merchants in the Hanseatic towns and Hanseatic privileges in England, which repeatedly ended in acts of violence. Not only English wool but finished cloth was exported through the Hansa, who controlled the trade in English cloth-making centres.

Trade conflicts

After the treaty of Stralsund the Hansards drove out rival merchants from Scania. English traders were arrested and their goods confiscated. The English king imposed new tonnage and poundage in 1371/72, that covered Hanseatic goods too. The Hanseatic towns and traders thought it violated the privileges. At the same time English traders entered the Baltic and especially Prussian trade, demanding equal reciprocal trading rights. A trade conflict began in 1385 when an English privateer fleet seized a number of Hanseatic ships near Bruges in the Zwin. Some ship were Prussian and the grandmaster of the Teutonic Order confiscated English goods. Richard II retaliated and confiscated Prussian goods in England to compensate the English merchants. When negotiations failed, the grandmaster banned English imports and exports of forests to England in 1386. The compromise at the treaty of Marienburg of August 1388 restored trade ties but failed to address the underlying problems. But when a new grand master cancelled the treaty of Marienburg in 1398 after Prussian towns complained, Henry IV did not retaliate and instead reconfirmed the Hanseatic privileges. A second treaty of Marienburg and a treaty between England and the wider Hanseatic League with promises about compensation and protection against pirates were agreed in 1405, followed by treaties in 1408 and 1409. However the underlying problems of tonnage and poundage and the lack of reciprocal rights for English merchants remained.[9]: 81–83 

A reproduced painting of the Steelyard (Souvenir of the British Exhibit in the Hall of Nations IPA Leipzig, 1930)

By 1420 the Hanseatic League's trade in England had decreased in importance.[9]: 98  Cologne remained dominant in the Hanseatic trade on England in the 15th century, and Danzig had a dominant role too.[10]: 105 

The English Parliament in 1431 increased poundage by half for foreign merchants. In 1434 the Tagfahrt finally began negotiations and started a blockade at the same time. The conflict was resolved in 1437 with the Second Treaty of London, when Hanseatic privileges were renewed and the new duties were removed. The Teutonic grandmaster did not ratify the treaty, pressed by Danzig, but England still enforced it despite unfulfilled demands for equal privileges for English traders in 1442 and 1446.[9]: 96 

Another English attack on Hanseatic ships, this time a Wendish and Prussian salt fleet, in May 1449 led to another crisis. Lübeck instructed German traders to leave England in 1450 and blocked English trade through the Øresund in 1452 by an agreement with Christian I of Denmark. England was weakened after the Hundred Years' War and briefly restored the Hanseatic privileges, though another salt fleet from Lübeck was taken in 1458. Incidents like that kept tensions high.[9]: 96–97 

Anglo-Hanseatic War

Edward IV held the Hanseatic League responsible, when English ships were attacked in the Øresund by Danes in 1468, and German merchants in London were arrested and convicted by the crown council. The Hanseatic cities were open to negotiation but rejected any common Hanseatic liability and called for an embargo against England. The merchants of Cologne were exempted from the ruling and could trade unhindered, which served to foment dissension among Hansards.[9]: 97 

Meanwhile Henry VI was put back on the throne in 1470 as part of the Wars of the Roses. Cologne was temporarily excluded from the League and its privileges in April 1471. Edward IV was helped by Hanseatic ships in his landing in May to retake power, but he reaffirmed Cologne's exclusive privileges in July. A war of piracy called the Anglo-Hanseatic War began against England, the main effort came from ships from Danzig, and much of the rest from Lübeck. One of their captains was the famous Paul Beneke, who commanded the formidable Peter von Danzig.[9]: 98 

Negotiations began in 1473 and Edward IV was open to make large concessions for peace. Hanseatic demands were very excessive and Edward did not transfer the property of the Steelyard and the outposts in Lynn and Boston to the Hanseatic towns, but they achieved a very favourable peace from the English commissioners in Utrecht in 1474: many regulations from the Second Treaty of London of 1437 were reconfirmed and the demand for reciprocity on behalf of English merchants was dropped, though this result was against the background of the reduction of the Hanseatic trade's importance over the 15th century.[9]: 98  [11]

After the Anglo-Hanseatic War

In 1475 the Hanseatic League purchased the London site outright and it became universally known as the Steelyard. The kontor then required that Hansards lived on the Steelyard.[2]: 97 [12] In exchange for the privileges the German merchants had to maintain Bishopsgate, one of the originally seven gates of the city, from where the roads led to their interests in Boston and Lynn.

Danzig and Cologne were still the dominant players in the Hansa's trade on England in the 16th century, but Hamburg achieved an important role by shipping German fabrics and Icelandic cod to England and English ink to the Netherlands. Hamburg's merchants became over time less involved in active trade with England, and let other parties carry goods instead.[10]: 105–106 

Members of the Steelyard, normally stationed in London for only a few years, sat for a famous series of portraits by Hans Holbein the Younger in the 1530s,[13] portraits which were so successful that the Steelyard merchants commissioned from Holbein the allegorical paintings The Triumph of Riches and The Triumph of Poverty for their Hall. Both were destroyed by a fire, but there are copies in the Ashmolean Museum in Oxford.[14] Later merchants of the Steelyard were portrayed by Cornelis Ketel.[15] There is a fine description of the Steelyard by John Stow.[3]

Later conflicts and closures

The Steelyard's privileges were suspended in 1552.[4]: 154 

One group that shipped trade goods for the merchant of Hamburg when they moved out of English active trade, was the Company of Merchant Adventurers of London. They got a residence for 10 years in Hamburg in 1567. Hamburg became a crucial market for the Merchant Adventurers after the loss of the Dutch market in the Dutch Revolt. Hanseatic trade with England was centred in Hamburg in those days.[10]: 106 

Other Hanse towns resented the success of the Merchant Adventurers and wanted to secure the old favorable trade privileges that England suspended years ago. A Tagfahrt pressued Hamburg to close the Merchant Adventurers' trading post after the end of the agreement and Hamburg obeyed. England responded with countermeasures.[10]: 106 

Queen Elizabeth suppressed the Steelyard and rescinded its privileges in 1598. James I reopened the Steelyard, but it never again carried the weight it formerly had in London.[2]: 100  Most of the buildings were destroyed during the Great Fire of London in 1666. The land and buildings remained the property of the Hanseatic League, and were subsequently let as warehouses to merchants.

After the end of the Hanseatic League

The Hanseatic League was never officially dissolved but is considered to have disintegrated in 1669. Lübeck, Hamburg and Bremen would however continue to be known as the "Hanseatic Cities". Consulates of the Hanseatic cities provided indirect communication between Northern Germany and Whitehall during the European blockade of the Napoleonic wars. Patrick Colquhoun was appointed as Resident Minister and Consul general by the Hanseatic cities of Hamburg in 1804 and by Bremen and Lübeck shortly after as the successor of Henry Heymann, who was also Stahlhofmeister, "master of the Steelyard". Colquhoun was valuable to those cities through their occupation by the French since he provided indirect communication between Northern Germany and Whitehall,[16] especially in 1808, when the three cities considered their membership in the Confederation of the Rhine. His son James Colquhoun was his successor as Consul of the Hanseatic cities in London.

Lübeck, Bremen and Hamburg only sold their common property, the London Steelyard, to the South Eastern Railway in 1852.[17]: 192 [18] The buildings were demolished in 1863.[2]: 100  Cannon Street station was built on the site and opened in 1866.

Organisation and life

Caius Gabriel Cibber: The arms of the Steelyard (c. 1670) on display in the Museum of London

The Steelyard was, like the other kontors, a legal person established as a merchant corporation (universitas mercatorum) in a foreign trading city to facilitate Hanseatic trade. It had its own treasury, seal, code of rules, legal power to enforce rules on residents and administration.[2]: 91  Security was the primary reason for establishing kontors, but they were also important for inspecting the quality of trade goods and diplomacy with local and regional authorities.[4]: 128–130, 138 

The Steelyard was led by an alderman, who was the chief juridical authority and diplomatic representative. There was also an English alderman from the late 14th century, an arrangement that was unique to London. The aldermen were assisted by achteinen, assistants or deputies. Around the mid 15th century the position of clerk, who was legally trained and performed secretarial duties. The Hanseatic merchants in London were grouped in geographical categories called "thirds" (German: Drittel). One third was formed by the area of Cologne, the left bank of the Rhine and Guelders. A second by the Wendish, Saxon and Westphalian towns and the right bank of the Rhine. The final third was made up of Livonian, Prussian and Gotlandic towns. The German alderman and his deputies were not allowed to come from the same third, so representation of all regional merchant groups' interests was ensured. A similar division of third existed at the Kontor of Bruges, but the London thirds had much less independence.[2]: 91, 100–101 [4]: 137–138 

The Hansards lived in the Steelyard at a relatively closed off area, more so than at Bryggen, and they certainly were not as integrated into the host city as at the kontor of Bruges. They had however many ties with Londoners, for example Englishmen acted as executors for Hansards, and merchants rented rooms from the English, so they were not nearly as segregated as at Novgorod's Peterhof.[2]: 97 [4]: 132  The kontor was in the middle of the town on the Thames, but this also made it easy to block off.[4]: 131  London was a city with a more cosmopolitan, urban flair than the average Hanseatic hometown.[4]: 133  Merchants operating out of the Steelyard were granted certain privileges and were exempt from customs duties and some taxes. In effect, the Steelyard was a separate and independent community, governed by the codes of the Hanseatic League, and enforced by the merchants' native cities.[19]

The Steelyard had its own statutes, like any kontor, written in Middle Low German, the main language of the Hanseatic merchants. It applied to all traders of the Hanse who resided in London. In the 14th and early 15th century, most rules were introduced by the kontor's merchants, but after 1474 legislation was decided by the Hanseatic hometowns.[4]: 136, 142, 146 


The main export from England was wool, but from the late 14th century cloth became an important export good. The importance of London as an export harbour grew with this shift. London also supplied luxury goods, like spices and literature. Trade in London was not controlled by the Hansards, and they met traders from various places in Europe, offering the availability of exotic goods but showing also new ideas and customs.[4]: 142–143, 153 

Beeswax and fur were the most important of the imports goods, but the Hansards also imported salted herring, stockfish and beer to London.[20]: 52–53, 58–61 

Steelyard balance

The Steelyard possibly gave its name to the steelyard balance, a type of portable balance, consisting of a suspended horizontal beam.[3][21] An object to be weighed would be hung on the shorter end of the beam, while weights would be slid along the longer end, till the beam balanced. The weight could then be calculated by multiplying the sum of the known weights by the ratio of the distances from the beam's fulcrum.



  1. ^ "steelyard n1". Oxford English Dictionary (Online ed.). Oxford University Press. (Subscription or participating institution membership required.)
  2. ^ a b c d e f g h Wubs-Mrozewicz, Justyna (2010). "De Kantoren van de Hanze: Bergen, Brugge, Londen en Nowgorod" [The Kontors of the Hanseatic League: Bergen, Brugge, London and Novgorod]. In Brand, Hanno; Egge, Knol (eds.). Koggen, kooplieden en kantoren: de Hanze, een praktisch netwerk [Cogs, merchants and offices: the Hanze, a practical network] (hardcover) (in Dutch) (1st ed.). Hilversum & Groningen: Uitgeverij Verloren & Groninger Museum. ISBN 978-90-8704-165-6.
  3. ^ a b c d e Kingsford, C.L. "Notes". In John Stow. Kingsford, C.L. (ed). A Survey of London, vol. 2. p 319.
  4. ^ a b c d e f g h i j k l Burkhardt, Mike (2015). "Kontors and Outposts". In Harreld, Donald J. (ed.). A Companion to the Hanseatic League. Brill's Companions to European History. Leiden, Boston: Brill. pp. 127–161. ISBN 978-90-0428-288-9.
  5. ^ Verein für Hansische Geschichte (1899). Stein, Walther; Höhlbaum, Konstantin; von Rundstedt, Hans-Gerd; Kunze, Karl (eds.). Hansisches Urkundenbuch. Vol. 5. Lübeck: Buchhandlung des Waisenhauses. p. 86.
  6. ^ a b Panayi, P., Germans in Britain Since 1500, A&C Black, 1996, p. 19
  7. ^ a b c d e Hammel-Kiesow, Rolf (2015). "The Early Hansas". In Harreld, Donald J. (ed.). A Companion to the Hanseatic League. Brill's Companions to European History. Leiden, Boston: Brill. pp. 15–63. ISBN 978-90-04-28288-9.
  8. ^ Cushing, Dana (1 October 2013). A German Third Crusader's Voyage & the Siege of Almohad Silves / Muwahid Xelb (1189 AD / 585 AH): De Itinere Navali (hardcover). Antimony Media. ISBN 978-0-9892853-1-5.
  9. ^ a b c d e f g Sarnowsky, Jürgen (2015). "The 'Golden Age' of the Hanseatic League". In Harreld, Donald J. (ed.). A Companion to the Hanseatic League. Brill's Companions to European History. Leiden, Boston: Brill. pp. 64–100. ISBN 978-90-04-28288-9.
  10. ^ a b c d North, Michael (2015). "The Hanseatic League in the Early Modern Period". In Harreld, Donald J. (ed.). A Companion to the Hanseatic League. Brill's Companions to European History. Leiden, Boston: Brill. pp. 101–124. ISBN 978-90-0428-288-9.
  11. ^ F. R. Salter, "The Hanse, Cologne, and the Crisis of 1468" The Economic History Review 3.1 (January 1931), pp. 93–101.
  12. ^ Postel, Rainer. "The Hanseatic League and its Decline". Archived from the original on 19 November 2005. Retrieved 16 August 2019.
  13. ^ The series of eight portraits of individual merchants from the Steelyard that scholars agree were painted by Holbein include: Georg Giese of Danzig; Hans of Antwerp and Hermann Wedigh (all painted in 1532); Hillebrant Wedigh of Cologne; Unknown member of the Wedigh family; Dirk Tybis of Duisburg; Cyriacus Kale and Derick Born (all painted in 1533); Derick Berck (painted in 1536); however, the may also have painted other portraits of merchants, such as that of Johann Schwarzwald, which is often attributed to Holbein, See: Holman, T.S., "Holbein's Portraits of the Steelyard Merchants: An Investigation," Metropolitan Museum Journal, vol. 14, 1980, pp 139–158; Fudge, J.F., Commerce and Print in the Early Reformation, Brill, 2007, p.110
  14. ^ Garchow, Walter Ray (1973). Holbein's Triumph of Riches. University of California. p. 10.
  15. ^ Hearn, Karen (1996). Dynasties: Painting in Tudor and Jacobean England, 1530-1630. Tate Gallery. p. 104. ISBN 9780847819409.
  16. ^ G. D. Yeats, Biographical Sketch..., 44–45.
  17. ^ Hammel-Kiesow, Rolf (2010). "Hoe de Hanze verdween en op de drempel van de 20e naar de 21e eeuw weer opleeft" [How the Hansa disappeared and rises on the threshold of the 20th to the 21th century again]. In Brand, Hanno; Knol, Egge (eds.). Koggen, kooplieden en kantoren: de Hanze, een praktisch netwerk [Cogs, merchants and offices: the Hanze, a practical network] (hardcover) (in Dutch) (1st ed.). Hilversum & Groningen: Uitgeverij Verloren & Groninger Museum. ISBN 978-90-8704-165-6.
  18. ^ This article incorporates text from a publication now in the public domainChisholm, Hugh, ed. (1911). "Steelyard, Merchants of the". Encyclopædia Britannica (11th ed.). Cambridge University Press.
  19. ^ Fudge, J.D., Commerce and Print in the Early Reformation, BRILL, 2007, pp 110–112
  20. ^ Jahnke, Carsten (2010). "7. De Hanze en de Europese economie in the middeleeuwen [The Hanseatic League and the European economy in the Middle Ages]". In Brand, Hanno; Egge, Knol (eds.). Koggen, kooplieden en kantoren: de Hanze, een praktisch netwerk [Cogs, merchants and offices: the Hanze, a practical network] (hardcover) (in Dutch) (1st ed.). Hilversum & Groningen: Uitgeverij Verloren & Groninger Museum. ISBN 978-90-8704-165-6.
  21. ^ "steelyard n2". Oxford English Dictionary (Online ed.). Oxford University Press. (Subscription or participating institution membership required.)

External links

51°30′41″N 0°05′26″W / 51.51139°N 0.09056°W / 51.51139; -0.09056

9 Annotations

First Reading

language hat  •  Link

From the L&M Companion:

The Steelyard. On the s. side of (Upper) Thames St, now covered by Cannon St Station. Once the London house of the Hanse merchants. The property extended to the river, its four acres including the merchants' hall, wharves, warehouses, and private dwelling houses, and in earlier centuries had been an important factor in the life of the city.

More at the 1911 Britannica article:…

It's number 22 on this 1666 map:…

Second Reading

Bill  •  Link

Steelyard, Steleyard, or Stilliard in Upper Thames Street, in the ward of Dowgate (facing the river), where the Cannon Street Railway Station now stands. "Their hall," says Stow, "is large, built of stone, with three arched gates towards the street, the middlemost whereof is far bigger than the others, and is seldom opened; the other two bemured up; the same is now called the old hall."

The Steelyard, a place for merchants of Almaine, that used to bring hither as well wheat, rye, and other grain, as cables, ropes, masts, pitch, tar, flax, hemp, linen cloth, wainscots, wax, steel, and other profitable merchandises.—Stow, p. 87.

Steelyard, a place in London where the fraternity of the Easterling Merchants, otherwise the Merchants of the Hannse and Almaine are wont to have their abode. It is so called Stilliard of a broad place or court, wherein Steele was much sold.— Minsheu, ed. 1617, and H. Blount both in his Law Dictionary and his Glossographia.

The Steelyard was lately famous for Rhenish Wines, Neats' Tongues, etc.— Blount's Glossographia, ed. 1670.

Other writers derive the name from its being the place where the King's steelyard, or beam, for weighing the tonnage of goods imported into London, was erected before its transference to Cornhill.

Lambecius explains the name Steel-yard (or as he calls it Stealhof) to be only a contraction of Stapelhof, softened into Stafelhof, and synonymous with the English word Staple, which is in the civil law Latin style of Edward III. termed Stabile emporium, a fixed port depot.—Herbert's Twelve Livery Companies, p. 12, note.

This latter derivation is by far the most likely; Minsheu is without doubt wrong, as steel until long after the adoption of the name Steelyard for their guild by the Merchants of the Hanse was only quite a secondary item in their trade.
---London, Past and Present. H.B. Wheatley, 1891.

Terry Foreman  •  Link

Part of Hollar’s panorama of the City of London of 1646, showing the buildings of the Steelyard beside the Thames.

The origins of The Steelyard go back to Saxon times. Foreign merchants were encouraged to trade with England by the English kings. The earliest traders were Norman wine merchants from Rouen who were established beside the Thames near today’s Dowgate Hill in AD 960 from where they could sail their barges up the River Walbrook and into the City.

Some time after AD 978 merchants from Cologne, known as Easterlings, were also on the site. They were important traders who used shorter trade routes than the Scandinavians. Henry II granted privileges to the German traders. By 1157 the merchants of Cologne had displaced those from Scandinavia in trade. The Danish merchants sold their land and guildhall at Dowgate to the Germans.

The Steelyard became an enclave of warehouses, with a guildhall, used by the Hanseatic League who settled there in 1241, displacing the Rhineland merchants from Cologne. The Hanse merchants lived and worked around the Steelyard, which was rent free, enjoying many buying and selling rights. At first they lived an almost monastic life, no marriage, dining together in the hall, and they had to be in the Steelyard by a fixed time at night. The site was on the south side of Upper Thames Street and is now part of the site covered by Cannon Street Station.

The Hanseatic League was a commercial association of German, Dutch and Flemish towns. The word Hanse comes from the Germanic word ‘hanso’, meaning a group, from ‘hansa’, which is old German for a group of warriors, and ‘hos’ which is OE for a group. ‘Hanse’ literally meaning a ‘Guild’. The origin of the word Steelyard is from two German words, ‘stahl’ meaning solid and hard, from which the English word for steel comes, and ‘hof’ meaning a court-yard.

One of the most important imports was grain. In 1258 German grain saved London from famine. Grain was also re-exported by England to Gascony in France, in exchange for wine, and to Iceland, in exchange for fish.

In 1303 the ‘Great Charter’ was made to the Hanse merchants by the Crown giving them wide-ranging exemptions from customs duty in England. The Hanse merchants also managed to exclude the English ships from the Baltic and Scandinavian trade.

Third Reading

San Diego Sarah  •  Link

The Hanseatic merchants had a special relationship with England since the 12th century. They had a monopoly of English trade with the Baltic, importing the hemp for ropes and sail cloth, and timber for ships, both vital to English defenses, and grain which they sold at high prices when English harvests failed. Their favorable tax status made them unpopular.

At last, in 1598, their privileged position ended and they were banished, leaving the Baltic trade open to English merchants.…

After decades of these disputes, Queen Elizabeth finally abolished the Hanse in London in 1597, and the Steelyard closed permanently in 1598.…

San Diego Sarah  •  Link

Bergen was never a member of the Hanseatic League, but -- like the St. Peter’s yard in Novgorod, the steelyard in London, and the Kontor of Bruges -- the Bryggen in Bergen was a key element of the Hanseatic trading network.

For more about Bergen, not the Steelyard, see…

San Diego Sarah  •  Link

London's Steelyard now has its own blog and podcast.


Without repeating the above information, here are a few out-takes I found enlightening:

In the 14th century the Hanseatic Counting Houses, or Kontors, were the most visible manifestations of the League, an organization that had no common foundation treaty, no statutes, no administration (at least not until 1556), no army, no treasury and no seal.
They are like the tip of the iceberg that points to the mass of interconnections below the surface.
The Counting Houses were also one of the key reasons first individual merchants, and then whole cities, wanted to be part of the association.

Being admitted to the Kontor of, say Bruges, meant merchants could trade freely with other foreigners on the greatest exchange in Europe, protected from local justice -- nobody could call you out for a trial by combat. And, they paid either no or much reduced tariffs on the imported or exported wares, plus the merchandise was weighed by the Kontor, a place trusted more than the local scales.

The Kontor in London goes back to 1176 when Henry II of England declared: “Henry, by the grace of God king of England, duke of Normandy and Aquitaine, count of Anjou to all his viscounts and baillies of London – greetings. I hereby allow the people of Cologne to sell their wine on the same market where the French wine is sold, and at a price of 3 pence per pint. And I prohibit anyone from hindering them or doing them any harm”.

In a second ordinance Henry II grants them the right to a Guildhall where they and their wares should be protected. That guildhall became the Steelyard.

This privilege is not given to all the merchants of the Holy Roman Empire, or the Hanseatic League, but only to merchants from Cologne -- and only for their import of WINE!

Cologne merchants largest product was in what they called 'the wine of the Rhine'. This was the mainly white wine, from the classic Rheingau and Rheinhessen region between Bonn and Speyer, and also the valleys of the tributaries, the Ahr, Moselle, Saar, Ruwer and Main and from even further upriver.

The largest supply came from Alsace, which was amongst the most popular across Northern Europe. The quantities were astounding. In the 14th century the region around Colmar produced about 13,000,000 bottles of wine. Today the whole of Alsace produces 150,000,000 bottles (remember not just improved agricultural methods, but also Europe’s population has grown by factor 15).

San Diego Sarah  •  Link


German wine from the Rhine was so popular in England, it compelled Henry II to grant the merchants of Cologne royal protection and the right to settle in their own trading yard.

Henry II’s son, Richard the Lionheart, granted them relief from all taxes and dues in exchange for fitting out 3 ships for the crusades, a deal of truly epic stupidity.

The Cologne merchants were not the only foreigners who showed up in England in the 13th century. Hansards from Gdansk and other Baltic cities who had no local salt sailed down to Brittany, picked up the salt, and got in on the Herring trade, squeezing out the English from their markets in Scania and Bergen. Next they took over the entirety of English trade by bringing their products (beeswax, furs etc.) to ports like King’s Lynn, Boston, Yarmouth and Hull.

Edward III, of Crecy and Poitiers fame, was also a great fan of the German merchants. He granted them favors throughout his reign.
In return the Hansards helped him with what he needed most – money.
Edward III’s hundred-years war was an expensive undertaking and he borrowed money across Europe, mostly from Italy.
His biggest creditors were the Bardi and Peruzzi in Florence who lent him 210,000/.s.
The Hanseatic merchants also helped. Their resources were smaller, but they made up for it by focusing on sentimental value:
Edward III pawned his crown to the archbishop of Trier for 50,000 Ecu and the smaller Queen's crown for 10,000 to a consortium of Cologne bankers. When the creditors threatened to sell them to the highest bidder, the Steelyard merchants stepped in and paid them off in 1344, saving the king from humiliation.
Edward, in 1345, then defaulted on the loans from the Bardi and Peruzzi, creating the first international banking crisis, a crisis which allowed the Medici to rise from the second tier to becoming the world’s largest banking house and rulers of Florence.

Germans in the Steelyard now wound down their lending operations, because of the risk, but also because the locals hated their taxes going offshore as interest payments.

Edward III died in 1377 and with it the great supporter of the Hanse in London went away. A new generation of merchant adventurers took on the Hansards, sailing into the Baltic to buy and ship the eastern goods so desired at home.

The Steelyard lived on, now helping with the export of English woolen cloth, but by Pepys time it was just a memory.

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Chart showing the number of references in each month of the diary’s entries.






  • Sep