Page 157 [157]
OCR
COMMERCE 135 their way across the Channel. Stonor exists no longer, except, I believe, as the name of a field, but Professor Burrows and other competent authorities place here the Lundenwic of Hlothzre. But Beda not long afterwards speaks of London—this time there can be no mistake—as the emporium of many nations, and King Alfred, who translated Beda, renders emporium by Cheapstow. Probably while he thus named it, the Cheapstow of London lay empty and desolate, but on his recolonisation, re-settlement, and re-fortification of the city, trade, we | may be sure, returned to the empty quays at Billingsgate and Dowgate. Eadgar and /Ethelred expressly mention in their zo = Ci TIX Ue, AHN NS mi edicts the miscellaneous character of the cargoes here landed. So by degrees the trade 7 Pi al i a ‘a at q ér 3” mtn erew in spite of the Danish invasions. Slaves were prohibited merchandise after 1008, and the establishment of a colony of German merchants on the Thames’ bank increased the regular traffic with the ~ wall Elbe, and the punctual payments and good money of these " Easterlings " are still commemorated in our word " sterling " as applied to silver and gold. London must at that
