The Survey of London

by John Stow

In the year 1320, the king’s justices sat in the Tower, for trial of matters; whereupon John Gifors, late mayor of London, and many others, fled the city, for fear to be charged of things they had presumptuously done.

In the year 1321, the Mortimers yielding themselves to the king, he sent them prisoners to the Tower, where they remained long, and were adjudged to be drawn and hanged. But at length Roger Mortimer, of Wigmore, by giving to his keepers a sleepy drink, escaped out of the Tower, and his uncle Roger, being still kept there, died about five years after.

In the year 1326, the citizens of London won the Tower, wresting the keys out of the constable’s hands, delivered all the prisoners, and kept both city and Tower to the use of Isabel the queen, and Edward her son.

In the year 1330, Roger Mortimer, Earl of March, was taken and brought to the Tower, from whence he was brought to the Elms, and there hanged.

In the year 1344, King Edward III., in the 18th of his reign, commanded florences of gold to be made and coined in the Tower; that is to say, a penny piece of the value of five shillings and eight pence, the halfpenny piece of the value of three shillings and four pence, and a farthing piece worth twenty pence; Percevall de Port of Lake being then master of the coin. And this is the first coining of gold in the Tower, whereof I have read, and also the first coinage of gold in England. I find also recorded, that the said king in the same year ordained his exchange of money to be kept in Serne’s Tower, a part of the king’s house in Bucklesbury. And here to digress a little (by occasion offered), I find that, in times before passed, all great sums were paid by weight of gold or silver, as so many pounds or marks of silver, or so many pounds or marks of gold, cut into blanks, and not stamped, as I could prove by many good authorities which I overpass. The smaller sums also were paid in starlings, which were pence so called, for other coins they had none. The antiquity of this starling penny usual in this realm is from the reign of Henry II., notwithstanding the Saxon coins before the Conquest were pence of fine silver the full weight, and somewhat better than the latter starlings, as I have tried by conference of the pence of Burghrede, king of Mercia, Aelfred, Edward, and Edelred, kings of the West Saxons, Plegmond, Archbishop of Canterbury, and others. William the Conqueror’s penny also was fine silver of the weight of the easterling, and had on the one side stamped an armed head, with a beardless face,—for the Normans wore no beards,—with a sceptre in his hand. The inscription in the circumference was this: “Le Rei Wilam;”[71] on the other side, a cross double to the ring, between four rowals of six points.

King Henry I. his penny was of the like weight, fineness, form of face, cross, etc.

This Henry, in the 8th year of his reign, ordained the penny, which was round, so to be quartered by the cross, that they might easily be broken into halfpence and farthings.[72] In the 1st, 2nd, 3rd, 4th, and 5th of King Richard I. his reign, and afterwards, I find commonly easterling money mentioned, and yet ofttimes the same is called argent, as afore, and not otherwise.

The first great sum that I read of to be paid in easterlings was in the reign of Richard I., when Robert, Earl of Leicester, being prisoner in France, proffered for his ransom a thousand marks easterlings, notwithstanding the easterling pence were long before. The weight of the easterling penny may appear by divers statutes, namely, of weights and measures, made in the 51st of Henry III. in these words: “Thirty-two graines of wheat, drie and round, taken in the middest of the eare, shoulde be the weight of a starling penie, 20 of those pence should waye one ounce, 12 ounces a pound Troy.” It followeth in the statute eight pound to make a gallon of wine, and eight gallons a bushel of London measure, etc. Notwithstanding which statute, I find, in the 8th of Edward I., Gregorie Rokesley, mayor of London, being chief master or minister of the Kinge’s Exchange, or mintes, a new coin being then appointed, the pound of easterling money should contain as afore twelve ounces; to wit, fine silver, such as was then made into foil, and was commonly called silver of Guthurons lane,[73] eleven ounces, two easterlings, and one ferling or farthing, and the other seventeen pence ob. q.[74] to be alloy. Also, the pound of money ought to weigh twenty shillings and three pence by account; so that no pound ought to be over twenty shillings and three pence, nor less than twenty shillings and two pence by account; the ounce to weigh twenty pence, the penny weight twenty-four grains (which twenty-four by weight then appointed were as much as the former thirty-two grains of wheat), a penny force twenty-five grains and a half, the penny deble or feeble twenty-two grains and a half, etc.[75]

Now for the penny easterling, how it took that name I think good briefly to touch. It hath been said, that Numa Pompilius, the second king of the Romans, commanded money first to be made, of whose name they were called nummi; and when copper pence, silver pence, and gold pence, were made, because every silver penny was worth ten copper pence, and every gold penny worth ten silver pence, the pence therefore were called in Latin, denarii, and oftentimes the pence are named of the matter and stuff of gold or silver. But the money of England was called of the workers and makers thereof; as the florin of gold is called of the Florentines, that were the workers thereof, and so the easterling pence took their name of the Easterlings which did first make this money in England, in the reign of Henry II.