International Commerce Quotes
This quotation illustrates two important points. First, that foreign and domestic trade and merchants were very much appreciated at the time and an important component of society that there were special protections for traders and merchants. Second, was the national preemption of jurisdiction and control over business and commerce that would enter and leave the city. On most matters the local authorities would handle things, but intercity and international commerce was historically continuously impaired by individual nobles and other authorities making rules affecting merchants who might come to their town or city. The Crown preempted this authority in the 13th century and the “Commerce Clause” of our Constitution was not an unusual concept and had an extensive legal and economic history.
Globalization was affecting nations even then. Foreign trade was extremely important to most nations throughout history.
The entire exploration, founding and colonization of New York was a business enterprise right from the start.
Most Americans were just beginning to comprehend the importance of international relations to American agriculture and our food supply.
