II. The English Wool Trade in the reign of Edward IV
The importance of the English wool trade in the middle ages is so well recognised that it is difficult to remember that its history is still largely unwritten. This is particularly true of the century before the advent of the Tudor dynasty to the throne. The careful researches of Professor Tout have thrown some light upon the origins of the Staple system in Edward II's reign and those of the late Professor Unwin and his seminar upon the wool trade in the reign of Edward III, but in this, as in most other branches of economic history, the period of the Lancastrian and Yorkist dynasties is an almost unworked field. Ample materials for an investigation of the subject exist, but many of the most important are still hidden in English and foreign archives and much laborious spade work remains to be done before the whole story can be told. That story really involves two distinct problems, which for convenience's sake can be separated—first the institutional history of the Staple and its financial and other relations with the government, and secondly the history of the wool trade, that is to say the technical and financial organisation of the trade, the persons engaged in it, their relations with wool growers at home and wool buyers abroad, and the dimensions of the trade year by year, as reflected in the customs accounts. This article is an attempt to sketch the second of these subjects only, and that for a very limited period. The reign of Edward IV has been chosen because it was a period of considerable commercial activity and because there happens to exist a particularly important collection of material relating to the wool trade at this time.