Ambassadors were at the same time despatched to Egypt, with full powers to treat on all commercial affairs; a second embassy obtained mercantile concessions in Syria, Constantinople, and the Morea; while a third proceeded to Majorca, to make the Florentine flag known and respected in that part of the Mediterranean.

Freedom of commercial intercourse among the Florentines.

From this time the commerce of Florence increased so as to rival, if not surpass that of Venice. Her merchants were indeed princes. The trade with the East, opened in a measure by Cosimo de Medici, was greatly extended and improved by his grandson Lorenzo. So highly was this illustrious merchant esteemed by the Sultan of Egypt, that he sent an embassy to him (a mark of respect seldom bestowed by Muhammedan princes even on the most powerful Christian sovereigns) with magnificent presents, including fine cotton cloths of various kinds, and other rich Oriental manufactures, large vases of beautiful porcelain, balsams and spices, and an Arabian horse of great value and beauty.[703] Under this princely merchant, and heartily co-operating with him in his wise administration, Florence reached the zenith of her prosperity. Relieved from wars and tumults, the inhabitants exerted their active spirit in commerce and manufactures. Besides developing the intercourse with India, by way of Egypt, to an extent unknown since the best days of the Roman empire, Florence opened up a large trade with Spain and England, and became the chief buyer of their wools for the supply of her vast manufactures. It was then that the English were allowed to resort freely to the territories of Florence, and to carry thither every kind of merchandise, whether the produce of their own or other countries, not even excepting countries which were at war with the republic. They might there buy and sell, with the Florentines or any other people, all goods not already prohibited, or might carry even prohibited goods through the Florentine territories to any country, whether friendly or hostile, so that the policy of Florence, in her desire to make all nations her merchants, and to centre within herself, as far as possible, the trade of the world, resembled in many respects that of Tyre, and was far more liberal than Venice.[704]

The fleets of Florence, though small compared to those of Venice, were equipped and navigated under regulations similar to those of the proud city of the Adriatic. Her state galleys, destined for the long voyages, were in like manner conceded to the highest bidders. With the intention of securing an abundant supply of raw materials for her manufactures, Florence established agencies in Flanders and in France, under arrangements akin to those she had opened in Spain and in England. Her great commerce, numerous manufactures, and wide-spread banking, created a large and constant flow of specie into the capital; and, in the public and private buildings, of the architecture of the fifteenth and sixteenth centuries, which still adorn that beautiful city, may be seen abundant proofs of the then enormous wealth of Florence.

Their frugality, contrasted with their magnificent public displays.

But while no means were omitted by the Florentines to encourage commerce and manufactures, they were themselves frugal in their habits and discouraged all extravagance and wasteful luxury. The whole force of the state was directed to keeping the market abundantly supplied with food and to preventing its export in order that the manufacturing population should live cheap, and the merchants, in consequence, be able to undersell, with a profit to themselves, all other nations.

Warned by the example of Rome, the Florentines, while they spared no expense in public works, carried their frugality to such an extent, that laws were passed to prevent excess in personal indulgences. The ornaments permitted and forbidden were defined and described by law, and the quality of woollen cloth (the use of silk stuffs being prohibited) was minutely specified. Statutory enactments even regulated the fashion of dress for both sexes, the expense of nuptials, and the number and quality of the viands allowed on such occasions, “in order to avoid any appearance of luxury and extravagance in a people depending on their own industry alone for their national greatness and prosperity;” indeed, the enactments went so far as to forbid retail dealings in some of the more costly descriptions of cloth, in order to prevent their being worn by the citizens.[705]

Duties and powers of the board of the “Six consuls of the sea.”

The influential and important board of the “Six consuls of the sea,” which regulated the naval affairs of Florence, made all the commercial agreements with foreign states, fixed the quantity and quality of merchandise to be embarked in the public galleys destined for any new and direct trade with the Levant, and kept minute accounts of these voyages. Its members were responsible for their economical management. With them also rested the appointment of the consuls in foreign states; a general superintendence of commerce, with exclusive jurisdiction in maritime causes; and the care of the woods, buildings, chases, and fisheries, besides various other duties totally unconnected with either ships or commerce. Nor did their multifarious duties, as multifarious as those of a modern English Board of Trade, end here. They had power to impose on certain classes of foreign goods and manufactures high and, in some cases, prohibitory duties, “for the encouragement of native industry in those spots where local circumstances, and the natural bent of the people, promised successful competition.”[706]

Their public vessels and trade in which they were employed.