Fines were inflicted for non-attendance, for abusive conduct, and "finally we beseech every member, for God's sake, to observe these things which are ordained in this society, in everything, as we have ordained them, and may God help us to observe them."

Mr. Toulmin Smith writes thus concerning these old Saxon guilds:—"The early English guild was an institution of local self-help, which, before Poor-laws were invented, took the place, in old times, of the modern friendly societies, but with a higher aim; while it joined all classes together in a care for the needy, and for objects of common welfare, it did not neglect the form and practice of religion, justice, and morality."

One of the objects of the London guild (tenth century) was the recovery of stolen stock and slaves, and if these could not be recovered the brethren subscribed to make up the loss to the owner. A horse was valued at ½ pound, a cow at 20d., a hog at 10d., a sheep at 1s., a slave at ½ pound. If the slave has stolen himself he shall be stoned, and every brother shall subscribe 1d. or 1/2d. to make good the loss. Whether there was ever a Danish guild in Reading it is impossible to determine. There was a noted one at Abbotsbury (Dorset), founded by Orcy, a friend of King Canute, 1030 A.D. The guild ordinance is quoted in Kemble's "Saxons in England," p. 511.

The brethren were required to contribute wax, bread, wheat, and wood. The wax was for the maintainance of lights in the Minster. Members were required to contribute to the comforts of the dying, and to attend the burial and pray for the souls of departed members.

We have a picture of later Saxon Reading recorded in the pages of Doomsday Book. It contained only thirty homesteads, with two better class of houses, two mills, and two fisheries. The Danes had attacked it a second time in 1006, and it had not recovered from that disaster; so in such a small community, although a guild at this period existed, it must have been a very small company indeed.

But after the Conquest guilds began to multiply, and were established for the purpose of promoting religion, charity, and trade. There were the frith guilds, formed for the promotion of peace, and the establishment of law and order: the religious guilds, which used to hold a festival on the day of the patron saint of the guild, attend church, and perform a miracle play. In the Liber Niger, or Black Book, of the Corporation of London, there is a description of the anniversary feast of the guild of the Holy Cross at Abingdon. "The fraternity hold their feast on May 3rd, the invention of the Holy Cross; and then they used to have 12 priests to sing a Dirge, for which they paid 4d. apiece; thay had also 12 minstrels, who had 2s. 3d. besides their dyet and horse meat. In 1445 they had 6 calves at 2s. 2d. each, 16 lambs at 12d., 80 capons at 3d., 80 geese at 2d., 800 eggs which cost 5d. the hundred, and many marrow bones, cream, and flour; and pageants, plays, and May games to captivate the senses of the beholders." This was a strong and powerful guild, formed in 1389, and incorporated in 1442, being endowed with lands for the purpose of keeping in order the roads between Abingdon and Dorchester, and building an almshouse. In 1539 they erected an aisle in St. Helen's Church, Abingdon, and also a market cross of freestone, pronounced by Leland "to be not inferior in workmanship to many in England." The hospital of the brotherhood of the Holy Cross still remains. It was founded in the middle of the fourteenth century, a very interesting low brick and timber house, containing several good paintings.

Then there were the guilds of the Kalendars, which were principally composed of the clergy, and one of their duties was to keep a public record of events, to superintend and regulate a library open to all citizens, and to explain to those who required such assistance, any difficulties that may arise in these matters. They, too, did not forget the periodical feasts. Then there were social guilds, composed chiefly of laymen, for objects of good fellowship, benevolence, and thrift.

And now we come to a very important class, the Merchant guilds. These existed in Saxon times, and were formed for promoting the interests of particular trades, for the regulation of industry, for buying and selling; and very strict were the laws which they enforced, and merciless the restrictions which they placed upon all strangers who presumed to sell goods, and who did not belong to the guild. We shall notice some particular instances of these harsh rules which were in force in the town of Reading.

I find in the Report of the Historical Manuscripts Commission that there were five companies of the guild Mercatory at Reading. Originally these companies were separate institutions, which managed their own concerns, and were not concerned with the Municipal Government of the town. There were five wards, each ward having a trade guild attached to it. In course of time the guilds united for common purposes and formed the guild Mercatory, which asked and received charters from various kings, gradually acquired powers, privileges, lands, and property, and ultimately managed the whole municipal business, as well as their own trade concerns.