The People's Queen
with tears in his handsome Plantagenet eyes, with a tremble in his elegant French, 'for the sake of our beloved England'. Their French isn't as good as his, but they understand. They pay up. They make an agreement with the King as to how he's going to repay them, one day, by letting them off some of their future wool customs dues to the Crown. It's all signed and sealed with many-coloured wax, but no one can really hope to be repaid. But, after that, right here and now, the merchants must provide actual gold and silver, and make coins at the mint they've set up at Calais, and give it over to the soldiers waiting and grumbling in the salt swamps of north France.
    So it makes the Merchants of the Wool Staple angry with the King if they find out he's been cheating them - for instance by granting special licences to the Italian merchant community trading out of London, so the foreigners can bypass all the weighing and measuring and customs-paying that English merchants have to endure at Calais or Middleburg. This blithe cheating keeps the Italians happy, as they get to make a bigger profit margin while undercutting the English merchants' sales prices later, at the Flanders wool fairs. It makes the King happy, too, because how can the Italians then refuse when he asks them for a direct loan, to help pay for his war in France?
    But there isn't much the Merchants of the Wool Staple can do about being ripped off by their King, except grin and bear it and, when the King then asks them for a direct loan, too (since the Italians have been so generous), to agree, and ask to take on the Italians' loan, too, on condition the Italians have their special licences cancelled, so the English, at least, get their monopoly of wool exports back. And then they're left shouldering a double debt burden, with no guarantee that the King might not, tomorrow or the next day, take it into his head to do another quiet little deal with another Italian to get off scot free from all taxes for a quick cash payment now. There's nothing the merchants can do openly to let off steam. Sometimes the English merchants' apprentices, having heard unpleasant things said about the Italian merchants of London at their masters' tables, get drunk and go and beat up the nearest Italian. The apprentices are savagely punished. Hanged, often. There's never any question of calling the King to account.
    Chaucer's job will not be to call the King to account. It will be to be the royal eyes and ears inside London. He will deal with the pre-exports: what leaves England. London is the last place a King's man can, realistically, get at the wool due for export; after that it's entirely in the hands of the merchants themselves. For almost the entire wool crop leaving England goes through London, where it is packed and weighed and warehoused by merchants; and it's here that the greatest merchants live. It will be Chaucer's job to reweigh the wool crop, sack by sack, and go through the merchants' paperwork, and to form his own view of how big the English trade in wool really is, and how much the merchants should really have paid the King for these exports, or for others, and, generally, to increase the King's income from the City merchants in whatever way he sees fit.
    'Be one of them,' Latimer has told Chaucer. 'Make them feel at home with you. Listen to their privy talk. You'll know how. But always remember the reckoning. The bill for these past three years of war has been PS200,000, and the truce that's holding now won't last for ever. As long as you're clearing more than 25,000 sacks of wool a year, and getting an annual yield of PS70,000 on it, England's still afloat. More or less,' and here, Chaucer recalls, the Baron's face wrinkled into a long, mirthless grin that was more like a snarl. 'At least, as long as the Pope doesn't also come back with his begging bowl. Thirty thousand for his Italian wars, indeed. We can't afford to pay to fight the French and for him to wage wars too.

Similar Books

Must Love Ghosts

Jennifer Savalli

The Moth

James M. Cain

Fairy Lies

E. D. Baker

Lakota Honor

Kat Flannery

The Lost Sisterhood

Anne Fortier