Summary

Francis Aiden Hibbert The Influence and Development of English Gilds

The simple rules of trade association show as much concern for the morals of members as did the charters of the Gilds: they had their annual feast, provided by subscription: they usually went in their procession to the parish church on the day of the feast. They were perhaps the earliest signs of that necessary return to something like the old Gild system which the later Trades Unions have done so much to bring about. The companies watched them grow up without a twinge of conscience, though it was their own neglect of duty which made such associations an absolute necessity.
Source: Gutenberg

Francis Aiden Hibbert The Influence and Development of English Gilds

The anarchic reign of individualism through which trade passed at the beginning of this century was an unavoidable step in economic development.
But it was a step attended with infinite loss and inestimable suffering, and it is well that proofs are not wanting of the approaching end of unrestrained competition and anti-social individualism. Signs of change are not wanting. Experience is continually demonstrating that organisation can accomplish vastly more than individual enterprise; that combination is immeasurably more powerful than competition.
Source: Gutenberg

Francis Aiden Hibbert The Influence and Development of English Gilds

In the lists of apprentices which have been preserved to us the entries of names belonging to county families are frequent. It was the ordinary custom for the younger sons to be put to business in the town. The social value of such a habit must have been great. Within the craft, too, the distinctions were only caused by differences in the degrees of wealth. By industry and perseverance the meanest apprentice might look forward to attainment of the highest honours his Gild could bestow, and even, by success in trade, to nobility.
Source: Gutenberg

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