Richard James Cheeswright, An Historical Essay on the Livery Companies of London (1881)
“ If a man wanted to follow any Craft in the City, or to enjoy any of the benefits of Citizenship, he must belong to a Gild. The reign of Edward III, the great dawn of the fine arts and of commerce, gave birth to an entire reconstruction of the trading fraternities, and of the change of name from Gilds to Crafts and Mysteries, and the substitution for the old title of Alderman that of Master or Warden. Special Charters were granted by Edward III, but the Chartering of the Gilds was not the only favor granted by that Monarch. ”
