wealth. The princes of the country, acquainted at last with their true
interest, encouraged the merchant by important immunities, and neglected
not to protect their commerce by advantageous treaties with foreign
powers. When, in the fifteenth century, several provinces were united
under one rule, they discontinued their private wars, which had proved
so injurious, and their separate interests were now more intimately
connected by a common government. Their commerce and affluence
prospered in the lap of a long peace, which the formidable power of
their princes extorted from the neighboring monarchs. The Burgundian
flag was feared in every sea, the dignity of their sovereign gave
support to their undertakings, and the enterprise of a private
individual became the affair of a powerful state. Such vigorous
protection soon placed them in a position even to renounce the Hanseatic
League, and to pursue this daring enemy through every sea. The
Hanseatic merchants, against whom the coasts of Spain were closed,
were compelled at last, however reluctantly, to visit the Flemish fairs,
and purchase their Spanish goods in the markets of the Netherlands.

Bruges, in Flanders, was, in the fourteenth and fifteenth centuries, the
central point of the whole commerce of Europe, and the great market of
all nations. In the year 1468 a hundred and fifty merchant vessels were
counted entering the harbor of Sluys it one time. Besides the rich
factories of the Hanseatic League, there were here fifteen trading
companies, with their countinghouses, and many factories and merchants'
families from every European country. Here was established the market
of all northern products for the south, and of all southern and
Levantine products for the north. These passed through the Sound, and
up the Rhine, in Hanseatic vessels to Upper Germany, or were transported
by landcarriage to Brunswick and Luneburg.