tpo46 reading2

In the years to come, alliances with the middle classes were to enable kings to weaken aristocratic interests and build the states that came to be called modern.

And 递进

 The mining of silver improved the security of commercial transactions by allowing coins to replace credit and bills of exchange as the means of exchange.

The ventures of the German Hanseatic League illustrate these advancements. The Hanseatic League was a mercantile association of European towns dating from 1159. The league grew by the end of the fourteenth century to include about 200 cities from Holland to Poland. Across regular, well-defined trade routes along the Baltic and North seas, the ships of league cities carried furs, wax, copper, fish, grain, timber, and wine. These goods were exchanged for finished products, mainly cloth and salt, from western cities. At cities such as Bruges and London, Hanseatic merchants secured special trading concessions, exempting them from all tolls and allowing them to trade at local fairs. Hanseatic merchants established foreign trading centers, the most famous of which was the London Steelyard, a walled community with warehouses, offices, a church, and residential quarters for company representatives. By the late thirteenth century, Hanseatic merchants had developed an important business technique, the business register. Merchants publicly recorded their debts and contracts and received a league guarantee for them. This device proved a decisive factor in the later development of credit and commerce in northern Europe.