Rady miast nadbałtyckich na rynku renty w XIV i pierwszej połowie XV w. (Elbląg, Ryga, Rewal)
BALTIC TOWN COUNCILS ON THE RENT MARKET IN THE FOURTEENTH CENTURY AND THE FIRST HALF OF THE FIFTEENTH CENTURY (ELBLĄG, RIGA, REWAL)
Materiały z konferencji naukowej „Budżety i księgowość miejska w Polsce na tle Europy Środkowej od późnego średniowiecza do schyłku okresu nowożytnego (XIV – początek XIX w.)”
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During the fourteenth and fifteenth century the whole of Europe witnessed the growing indebtedness of town authorities. Efforts were made to cover rising expenses connected with visits paid by rulers as well as military and diplomatic activity by selling rents. In this respect, the Baltic littoral was not an exception, as testified by the examples of Elbląg, Riga and Rewal, which since the 1380s distinctly increased their debts. For the municipal authorities as well as other participants the rent market comprised a source of long-term credits or locations of capital surpluses. Despite certain analogies, the councils of the analysed towns opted for assorted strategies on the credit market. The ultimate selection depended on local conditions and the economic situation of a given town. The activity of the town authorities on the rent market was also associated with the specificity of urban religiosity during the Middle Ages, based on foundations; some of the latter were supervised by the councils, which also managed their property. The presence of town authorities on the rent market was rather insignificant and totalled about 10% of the global turnover. As a rule, the councils sought high credit and rarely invested.
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