Usuriers publics et banquiers du Prince

Kusman, David

doi:10.1484/m.seuh-eb.5.106347

Cited by 2 publications

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“…They collected the majority of the annual interest payments on these life-annuities and then disbursed the funds to the burghers of Brussels from their exchange offices. 46 The Lombard banker was another key actor. He had his own account in the town exchange.…”

Section: Financial Innovations In Brabantmentioning

confidence: 99%

“…67 Patricians from Antwerp and Ghent (from the Bacheleer and Borluut families) were also among the annuity purchasers. 68 These patricians from Antwerp and Ghent would have been kept informed about Vaucelles's bankruptcy and guardianship. In addition to his position as money-changer and financial agent for the Count of Hainaut, Holland and Zeeland, Jan Bacheleer was a merchant who sold wool cloth to Mechteld van der Marck, wife of the Lord of Mechelen, Floris Berthout.…”

Section: Vaucelles Where Private Credit Meets Public Financesmentioning

confidence: 99%

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Connecting Regional Capital Markets in the Late Medieval Low Countries: The Role of Piedmontese Bankers as Financial Pathfinders and Innovators in Brabant, Guelders, Flanders and Hainaut (c. 1260‑1355)

Kusman¹,

Demeulemeester²

2015

Economies, Public Finances, and the Impact of Institutional Changes in Interregional Perspective

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PersonaliaWim Blockmans (1945) is emeritus professor at Leiden University. He mainly worked on state formation and representative institutions in late medieval Europe, and the Burgundian Netherlands in particular. His most recent books include Metropolen aan de Noordzee (2010) and Emperor Charles V 1500-1558 (2002), revised as Karel V, Keizer van een wereldrijk (2012 4 ). Rudolf A.A. Bosch (1984) recieved his MA degree in History at the University of Groningen. Between 2008 and 2014 he was preparing his PhD thesis on the impact of political and economic transformations on urban societies and public finances in the Duchy of Guelders between c. 1350 and 1580 at the Groningen Research Institute for the Study of Culture. He has published on several aspects concerning the urban history in the Low Countries, more specifically the socio-economic history of towns in the Eastern Netherlands and the financial relations between the Duchy of Guelders and the German Lower Rhine area.

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Section: Financial Innovations In Brabantmentioning

confidence: 99%

Section: Vaucelles Where Private Credit Meets Public Financesmentioning

confidence: 99%

Connecting Regional Capital Markets in the Late Medieval Low Countries: The Role of Piedmontese Bankers as Financial Pathfinders and Innovators in Brabant, Guelders, Flanders and Hainaut (c. 1260‑1355)

Kusman¹,

Demeulemeester²

2015

Economies, Public Finances, and the Impact of Institutional Changes in Interregional Perspective

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Honour, social capital and alternative currencies: the “leisting” custom in the cities of the Late Medieval Low Countries and Rhineland

de Meulemeester,

Kusman

2024

Datini Studies in Economic History

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In this paper we analyse a specific legal clause inserted in debt contracts in the late Medieval Low Countries: the ‘leistinge’ custom. It implied personal sureties, i.e., vassals or councillors of the debtor (and sometimes himself) who had to go sojourning in an inn for an unspecified period, and there live, eat and drink conspicuously (“as good pledges should do”). This legal mechanism often implied high aristocratic debtors with, in a first stage, ecclesial creditors (as abbeys) and Italian financiers. We show how the innkeeper played an instrumental role in this framework. In Brussels, the technique fostered undoubtedly the use of alternative currencies by noble pledges to circumvent the lack of cash money or the intricacy of exchange rates. Later, this credit technique also spread among local merchants and well-off burghers as debtors and creditors, especially in Northern Low Countries as exemplified by our example of Kampen. In the latter city, this legal tool could well have been favoured by town authorities as an indirect regulation of the property market, avoiding therefore too much speculation on the urban plots during periods of expansion and works of public concern. The efficiency of this custom remains somewhat open to debate, the long-time span of its use suggesting a relative efficacy, whereas its sudden suppression (as in Kampen) hints at some abuses.

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Usuriers publics et banquiers du Prince

Cited by 2 publications

References 0 publications

Connecting Regional Capital Markets in the Late Medieval Low Countries: The Role of Piedmontese Bankers as Financial Pathfinders and Innovators in Brabant, Guelders, Flanders and Hainaut (c. 1260‑1355)

Connecting Regional Capital Markets in the Late Medieval Low Countries: The Role of Piedmontese Bankers as Financial Pathfinders and Innovators in Brabant, Guelders, Flanders and Hainaut (c. 1260‑1355)

Honour, social capital and alternative currencies: the “leisting” custom in the cities of the Late Medieval Low Countries and Rhineland

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