An agricultural slump caused poorer soils to fall back into waste. The better soils were leased by peasants, who, with their families, were in a better position to farm it than a great lord, who found it hard to hire laborers at a reasonable cost. Further, peasants' sheep, hens, pigs, ducks, goats, cattle, bees, and crop made them almost self-sufficient in foodstuffs. They lived in a huddle of cottages, pastured their animals on common land, and used common meadows for haymaking. They subsisted mainly on boiled bacon, an occasional chicken, worts and beans grown in the cottage garden, and cereals. They wore fine wool cloth in all their apparel. Brimless hats were replacing hoods. They had an abundance of bed coverings in their houses. And they had more free time. Village entertainment included traveling jesters, acrobats, musicians, and bear-baiters. Playing games and gambling were popular pastimes.
Most villeins were now being called "customary tenants" or "copy- holders" of land because they held their acres by a copy of the court-roll of the manor, which listed the number of teams, the fines, the reliefs, and the services due to the lord for each landholder. The Chancery court interpreted many of these documents to include rights of inheritance. The common law courts followed the lead of the Chancery and held that marriage land could be inherited as was land at common law. Evictions by lords decreased.
The difference between villein and freeman lessened but landlords usually still had profits of villein bondage, such as heriot, merchet, and chevage.
Social mobility was most possible in the towns, where distinctions were usually only of wealth. So a poor apprentice could aspire to become a master, a member of the livery of his company, a member of the council, an alderman, a mayor, and then an esquire for life. The distance between baron and a country knight and between a yeoman and knight was wider. Manor custom was strong. But a yeoman could give his sons a chance to become gentlemen by entering them in a trade in a town, sending them to university, or to war. Every freeman was to some extent a soldier, and to some extent a lawyer, serving in the county or borough courts. A burgess, with his workshop or warehouse, was trained in warlike exercises, and he could keep his own accounts, and make his own will and other legal documents, with the aid of a scrivener or a chaplain, who could supply an outline of form. But law was growing as a profession. Old-established London families began to choose the law as a profession for their sons, in preference to an apprenticeship in trade. Many borough burgesses in Parliament were attorneys.
A class of laborers was arising who depended entirely on the wages of industry for their subsistence. The cloth workers in rural areas were isolated and weak and often at the mercy of middlemen for employment and the amount of their wages. When rural laborers went to towns to seek employment in the new industries, they would work at first for any rate. This deepened the cleavage of the classes in the towns. The artificers in the town and the cottagers and laborers in the country lived from hand to mouth, on the edge of survival, but better off than the old, the diseased, the widows, and the orphans. However, the 1400s were the most prosperous time for laborers considering their wages and the prices of food. Meat and poultry were plentiful and grain prices low.
In London, shopkeepers appealed to passersby to buy their goods, sometimes even seizing people by the sleeve. The drapers had several roomy shops containing shelves piled with cloths of all colors and grades, tapestries, pillows, blankets, bed draperies, and "bankers and dorsers" to soften hard wooden benches. A rear storeroom held more cloth for import or export. Many shops of skinners were on Fur Row. There were shops of leather sellers, hosiers, gold and silver cups, and silks. At the Stocks Market were fishmongers, butchers, and poulterers. London grocers imported spices, canvas, ropery, potions, unguents, soap, confections, garlic, cabbages, onions, apples, oranges, almonds, figs, dates, raisins, dyestuffs, woad, madder (plant for medicine and dye), scarlet grains, saffron, iron, and a primitive steel. They were retailers as well as wholesalers and had shops selling honey, licorice, salt, vinegar, rice, sugar loaves, syrups, spices, garden seeds, dyes, alum, soap, brimstone, paper, varnish, canvas, rope, musk, incense, treacle of Genoa, and mercury. The Grocers did some money lending, usually at 12% interest. The guilds did not restrict themselves to dealing in the goods for which they had a right of inspection, and so many dealt in wine that it was a medium of exchange. There was no sharp distinction between retail and wholesale trading.
London grocers sold herbs for medicinal as well as eating purposes. Breadcarts sold penny wheat loaves. Foreigners set up stalls on certain days of the week to sell meat, canvas, linen, cloth, ironmongery, and lead. There were great houses, churches, monasteries, inns, guildhalls, warehouses, and the King's Beam for weighing wool to be exported. In 1410, the Guildhall of London was built through contributions, proceeds of fines, and lastly, to finish it, special fees imposed on apprenticeships, deeds, wills, and letters-patent. The Mercers and Goldsmiths were in the prosperous part of town. The Goldsmiths' shops sold gold and silver plate, jewels, rings, water pitchers, drinking goblets, basins to hold water for the hands, and covered saltcellars. The grain market was on Cornhill. Halfway up the street, there was a supply of water which had been brought up in pipes. On the top of the hill was a cage where riotous folk had been incarcerated by the night watch and the stocks and pillory, where fraudulent schemers were exposed to ridicule. No work was to be done on Sundays, but some did work surreptitiously. The barbers kept their shops open in defiance of the church. Outside the London city walls were tenements, the Smithfield cattle market, Westminster Hall, green fields of crops, and some marsh land.
On the Thames River to London were large ships with cargoes; small boats rowed by tough boatmen offering passage for a penny; small private barges of great men with carved wood, gay banners, and oarsmen with velvet gowns; the banks covered with masts and tackle; the nineteen arch London Bridge supporting a street of shops and houses and a drawbridge in the middle; quays; warehouses, and great cranes lifting bales from ship to wharf. Merchant guilds which imported or exported each had their own wharves and warehouses. Downstream, pirates hung on gallows at the low-water mark to remain until three tides had overflowed their bodies. A climate change of about 1 1/2 degree Celcius lower caused the Thames to regularly freeze over in winter.
The large scale of London trade promoted the specialization of the manufacturer versus the merchant versus the shipper. Merchants had enough wealth to make loans to the government or for new commercial enterprises. Local reputation on general, depended upon a combination of wealth, trustworthiness of character, and public spirit; it rose and fell with business success. Some London merchants were knighted by the King. Many bought country estates thereby turning themselves into gentry.
The king granted London all common soils, improvements, wastes, streets, and ways in London and in the adjacent waters of the Thames River and all the profits and rents to be derived therefrom. Later the king granted London the liberty to purchase lands and tenements worth up to 2,667s. yearly. With this power, London had obtained all the essential features of a corporation: a seal, the right to make by-laws, the power to purchase lands and hold them "to them and their successors" (not simply their heirs, which is an individual and hereditary succession only), the power to sue and be sued in its own name, and the perpetual succession implied in the power of filling up vacancies by election. Since these powers were not granted by charters, London is a corporation by prescription. In 1446, the liverymen obtained the right with the council to elect the mayor, the sheriff, and certain other corporate officers.