The consequence of this liberal policy was soon felt; and before the year expired, vessels from all quarters made their appearance in the Scottish harbours, willing to exchange their cargoes for the productions of the country; and in the course of a few years, Scotland exhibited a very flourishing appearance, abounding in money and wealth of every description. The Flemings, whom the English had expelled, found protection and encouragement in Scotland, and were allowed to fortify their factory at Berwick, called “The Red Hall,” under condition of their defending it to the last extremity against the enemies of that kingdom. This engagement, as will be seen, they afterwards nobly performed.

A number of wealthy Lombards, jealous perhaps of their rivals the Flemings, now made application to the Government of Scotland for permission to erect similar establishments in various parts of the country, particularly at Queensferry and other stations on the Forth,--craving, at the same time, certain spiritual privileges. The States of the kingdom acceded at once to their request, in so far as they regarded trade; but as the Lombards were the vassals of the Pope, they prudently declined mixing up any ecclesiastical matters with affairs of commerce. In the meantime, the unfortunate death of the King put an end to the negociation. Fordun, who narrates the circumstance, does not condescend on the nature of the spiritual privileges required. It is highly probable, however, that they consisted in their being admitted into Scotland on the same terms which they enjoyed in England and other European states, where they were recognised in a special manner as “the Pope’s merchants,” and were intrusted by him with the receiving and remitting the immense revenues which were drawn from every country where their Holy Father’s supremacy was acknowledged. Trade, with them, was often a secondary consideration. Lending of money, for which they exacted enormous usury, constituted the most lucrative part of their operations; and in these nefarious transactions, it has been conjectured, that they were often commissioned to employ the funds belonging to the Holy See, whose bulls were frequently issued in their favour, when their crimes or rapacity had aroused the vengeance of the governments under which they resided.[10] Their severity to their debtors, made them known by the name of _Caursini_; and they at last became generally obnoxious for their extortion. If the account given of them by Matthew Paris may be relied on, the caution of the Scots respecting the admission of such harpies into the country was highly commendable.

Life of Sir William Wallace of Elderslie, Vol. I (of II) — Part 16