Reprinted with permission from the author.
Jews in European Commerce: Not A Decisive Role
There is little doubt that Jews played an important role in commerce, perhaps particularly in international trade, in Christian Europe; yet it is an exaggeration to claim that they played a “decisive” role, for surely the Venetian and Genoese Christian merchants were far more important, as were later the Lombards and Frisians.
Nevertheless, Jews did have certain definite advantages, such as sharing a common language (thus Jewish merchants from France and Germany were able to converse in Hebrew at least with their colleagues in eastern Europe, and in Muslim counties or in Sicily, where Greek and then Arabic were the spoken languages), and also through the use of such things as letters of credit and checks, recognized by Jewish “bankers” (to the extent that these, essentially money changers and lenders, could be called bankers).
In point of fact, however, aside from some isolated cases we hear next to nothing about such Jewish traders. The major instance of Jewish involvement in trade with Muslim countries was slaves, but even here Jews served as middlemen in the ultimate sale of Scandinavian and other as yet non-Christian slaves to Muslim purchasers.
Travel Restrictions Curtail Trade
Another factor that no doubt inhibited any significant involvement of European Jews in international trade would have been the reluctance, indeed the refusal, on the part of rulers to allow them to travel outside of the borders of their countries… There were, nevertheless, some exceptions to this that show certain merchants must have received special privileges for such trade. Thus, a man from Germany went to North Africa and entered into a partnership with another Jew to sell merchandise, and he went from one country (or city) to another but was unable to sell anything, and therefore gave the merchandise to another to take to “the city of the king” where it could easily be sold. He then told his partner that he would received his profits when that man returned, but Rashi said that this was not proper, in case the other man never returned…[Rashi (1040-1105) was the foremost French talmudic commentator of his time.]
Did you like this article? MyJewishLearning is a not-for-profit organization.