The economic function of the monastic system in the Middle Ages, and especially in the later Middle Ages, is one to which no sufficient attention has been given by historians.
They collected, as does no modern agency, wealth from very various sources, scattered up and down the whole of the kingdom, and often farther afield, throughout Europe, and exercised the whole economic power so drawn together in one centre, and so founded a permanent nucleus of wealth in the place where the community resided.
We are indeed to-day accustomed to a similar effect in the action of our wealthy families. The rents of the London poor, a toll upon the produce of Egypt, of the Argentine, or of India, all flow into some country house in the provinces, where it revives in an effective demand for production, or lends to the whole countryside a wealth which, of itself, it could never have produced. The neighbourhood of Aylesbury, the palaces of the larger territorials, are modern examples of this truth, that the economic power of a district does not reside in its productive capacity, but in its capacity for effective demand. And it is undoubtedly true that if there were anything permanent in modern society we should be witnessing in the wealthier quarters of Paris and London, in the Riviera in the holiday part of Egypt, and in certain centres of provincial luxury in England, in France, and in Western Germany, the foundation of a permanent economic superiority.
But nothing in modern society has any roots. Where to-day is some one of these great territorial houses in fifty years there may be nothing but decay. Fashion may change from the Riviera to some other part of the Mediterranean littoral, and with fashion will go the concentration of wealth which accompanies it.
In the Middle, and especially in the latter Middle, Ages it was otherwise. The great religious houses not only tended to accumulate wealth and to perpetuate it in the same hands (they could not gamble it away nor disperse it in luxury; they could hardly waste it by mismanagement), but they were also permanently fixed on one spot.
Such an institution as Reading, for example, or as Abingdon, went on perpetually receiving its immense revenues for generation after generation, and were under no temptation or rather had no capacity for spending it elsewhere than in the situation where their actual buildings were to be found.
In this way the great monastic houses founded a tradition of local wealth which has profoundly affected the history of the Thames Valley. And if that valley is still to-day one of the chief districts wherein the economic power of England is concentrated, it owes that position mainly to the centuries during which the great foundations exercised their power upon the banks of the river.
The growth of great towns, one of the last phases of our national development, one which finds its example in the Thames Valley as elsewhere, and one to which we shall allude before closing these notes upon the river, has somewhat obscured the quality of this original accumulation of wealth along the Thames. But when we come to consider the figures of the census at an earlier time, before modern commercialism and the railway had drawn wealth and population into fewer and larger centres, we shall see how considerable was the string of towns which had grown up along the stream. And we shall especially see how fairly divided among them was the population, and, it may be presumed, the wealth and the rateable value, of the valley.
The point just mentioned in connection with the larger monastic foundations, and their artificial concentration of economic power, deserves a further elaboration, for the economic importance of a district is one of the aspects of geography which even modern analysis has dealt with very imperfectly.
Economists speak of the economic importance of such-and-such a spot because material of use to man-kind is there discovered. Thus, people commonly point to the economic importance of the valleys all round the Pennine Range in England because they contain coal and metals, and to the economic importance of a small district in South Wales for the same reason.
A further consideration has admitted that not only places where things useful to mankind are discovered, but places naturally fitted for their exchange have an economic importance peculiarly their own. Indeed, the more history is studied from the point of view of economics, the more does this kind of natural opportunity emerge, and the less does the political importance of purely productive areas appear. The mountain districts of Spain, the Cornish peninsula, were centres of metallic industry of the first importance to the Romans, but they remained poor throughout the period of Roman civilisation. To-day the farmer in the west of America, the miner and the clerk in Johannesburg, are perhaps more numerous, but as a political force no wealthier for the opportunities of their sites: the economic power which they ultimately produce is first concentrated in the centres of exchange where the wealth they produce is handled.
Now there is a third basis for the economic importance of a district, and as this third basis is indefinitely more important than the other two, it has naturally been overlooked in the analysis of the universities. This basis is the basis of residence. Given that a conqueror, or a seat of Government established by routine, is established in a particular place and chooses there to remain; or given that the pleasure attached to a particular site--its natural pleasures or the inherited grandeur of its buildings or what not--make it an established residence for those who control the expenditure of wealth, then that place will acquire an economic importance which has for its foundation nothing more material than the human will. Thither wealth, wherever produced, will flow, and there will be discovered that ultimate motive force of all production and of all exchange, the effective demand of those possessors who alone can set the industrial machine in motion.
This has been abundantly true in every period of the world's history, whenever commerce existed upon a considerable scale, or whenever a military force sufficiently universal was at the command of wealthy men.
It is particularly true to-day. To-day not the natural centres of exchange, still less the natural centres of production, determine what places in the world shall be wealthy and what shall not. The surplus of the wealth produced by the Egyptian fellaheen is carefully collected by English officials and largely consumed in Paris; the wealth produced by the manufacturers of North England is largely spent in the south of England and upon the Continent; until their recent and successful revolt, the wealth produced by the Irish peasantry was largely spent in London and upon the Riviera.
The economic importance, then, of the Thames Valley has not diminished, but increased since South England ceased to be the main field of production.
The tradition of Government, the habitual residence of the wealthy and directing classes of the community, have centred more and more in London. The old establishment of luxury in the Thames Valley has perpetually increased since the decline of its industrial and agricultural importance, and undoubtedly, if it were possible to draw a map indicating the proportion of economic demand throughout the country, the Valley of the Thames would appear, in proportion to its population, by far the most concentrated district in England, although it contains but one very large town, and although it is innocent of any very important modern industry.
It is interesting, in connection with this economic aspect of the Thames Valley, to note that, alone of the great river valleys of Europe, it has no railway system parallel to its banks. There is no series of productive centres which could give rise to such a railway system. The Great Western Railway follows the river now some distance upon one side, now some distance upon the other, as far as Oxford; but it does not depend in any way upon the stream, and where the course of the stream is irregular it goes on its straight course, throwing out branch lines to the smaller towns upon the banks: for the railway depends, so far as this section is concerned, upon the industries of the Midlands and of the west. Were you to cut off the sources of carriage which it draws upon from beyond the Valley of the Thames it could not exist.
The Scheldt, the Rhine, the Rhone, the Garonne, the Seine, the Elbe, are all different in this from the Thames. The economic power of our main river valley is chiefly a spending power. It produces little and, though it exchanges more of human wealth, it is the artificial machinery of exchange rather than the physical movement of goods that enriches it.
Now this habit of residence, this settlement of the concentrated power of demand upon the banks of the Thames, was the work of the monastic houses. It may be argued that, with the commercial importance of London, and with its attainment of the position of a capital, the residence of such economic power would necessarily have spread up the Thames Valley. It is doubtful whether any such necessity as this existed. In Roman times the Thames certainly did not lead up thus in the line of wealth from London, and though it is true that water carriage greatly increased in importance after the breakdown of Roman civilisation, yet the medium by which that water carriage was utilised was the medium of the Benedictine foundations. They it was who established that continuous line of progressive agricultural development and who prepared the way for the later yet more continuous line of the full monastic effort which succeeded the Conquest.
A list of monastic institutions upon the river, if we exclude the friars, the hospitals, and such foundations as made part of town or university life, is as follows:--a priory at Cricklade, another at Lechlade, the Abbey at Eynsham (sufficiently near the stream to be regarded as riparian), the Nunnery and School of Godstow, the great Abbeys of Osney and Rewley, the Benedictine Nunnery at Littlemore, the great Abbey of Abingdon, the Abbey of Dorchester, Cholsey (but this had been destroyed before the Conquest, and was never revived), the Augustinian Nunnery at Goring, the great Cluniac Abbey at Reading, the Cell of Westminster at Hurley, the Abbey of Medmenham, the Abbey of Bisham just opposite Marlow, and the Nunnery of Little Marlow; the Nunnery of Burnham, which, though nearly a mile and a half from the stream, should count from the position of its property as a riparian foundation, the little Nunnery of Ankerwike, the great Benedictine Abbey of Chertsey, the Carthusians of Sheen, and the Benedictines of Westminster, to which may be added the foundation of Bermondsey.
When the end came the total number of those in control of such wide possessions was small.
Indeed it was perhaps no small cause of the unpopularity, such as it was, into which the same monasteries had locally fallen, that so much economic power was concentrated in so few hands. The greater foundations throughout the country possessed but a little more than 3000 religious, and even when all the nuns, friars, and professed religious of the towns are counted, we do not arrive at more than 8000 in religion in an England which must have had a population of at least 4,000,000, and quite possibly a much larger number; nor could the mobs foresee that the class which would seize upon the abbey lands would concentrate the means of production into still fewer hands, until at last the mass of Englishmen should have no lot in England.
Moreover, it would be an error to consider the numbers of the religious alone. The smaller foundations, and especially the convents of nuns, did certainly support but small numbers, and this probably accounts for the ease with which they were suppressed, but, on the other hand, their possessions also were small. In the case of the great foundations, though one can count but 3000 monks and canons, the number of them must be multiplied many times if we are to arrive at the total of the communities concerned. Reading, Abingdon, and the rest were little cities, with a whole population of direct dependants living within the walls, and a still larger number of families without, who indirectly depended upon the revenues of the abbey for their livelihood.
Another and perhaps a better way of presenting to a modern reader the overwhelming economic power of the mediæval monastic system, especially its economic power in the Valley of the Thames, would be to add to such a list of houses a map of that valley showing the manors in ecclesiastical hands, the freeholds and leaseholds held by the great abbeys, in addition to the livings that were within their gift; in a word, a map giving all their different forms of revenue.
Such a map would show the Valley of the Thames and its tributaries covered with ecclesiastical influence upon every side.
Even if we confined ourselves to the parishes upon the actual banks of the river, the map would present a continuous stretch of possessions upon either side from far above Eynsham down to below bridges.
The research that would be necessary for the establishment of such a complete list would require a leisure which is not at the disposal of the present writer, but it is possible to give some conception of what the monastic holdings were by drawing up a list confined to but a small part of these holdings and showing therefore a fortiori what the total must have been.
In this list I concern myself only with the eight largest houses in the whole length of the river. I do not mention parishes from which the revenues were not important (though these were numerous, for the abbeys held a large number of small parcels of land). I do not mention the very numerous holdings close to the river but not actually upon it (such as Burnham or Watereaton), nor, which is most important of all, do I count even in the riparian holdings such foundations as were not themselves set upon the banks of the Thames. Whatever Thames land paid rent to a monastery not actually situated upon the banks of the river, I omit. Finally the list, curtailed as it is by all these limitations, concerns only the land held at the moment of the Dissolution. Scores of holdings, such as those of Lechlade, which was dissolved in Catholic times, Windsor, which was exchanged as we have seen at the time of the Conquest, I omit and confine myself only to the lands held at the time of the Dissolution.
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