Merchant guild

Definition and stakes

Portrait of James Ramsay MacDonald James Ramsay MacDonald,  The Socialist Movement (1911)

“ The merchant guild had given place to the craft guild, qualification for membership in which consisted mainly in having served an apprenticeship to a craft or mystery. The function of the guild was to regulate the trade in the interest of the craftsmen. But all such organisations have an evolution. They arise to satisfy a need; they succeed; they decay through a period of abuse. ”
Source: Wikisource

Bartlett Burleigh James,  Women of England

“ Thus the craft guild arose, not in antagonism to the merchant guild, but as a special agent of it. So, in the reign of Henry I., there came about the associations of the weavers, cordwainers, and fullers. By the end of the fourteenth century craft guilds were numerous, and in some places the merchant guild was superseded by them. In their composition the guilds were made up of masters, journeymen, and apprentices, from whom were elected the officers and assistances. Women were members of these craft guilds, although they do not appear to have taken part in the business administration. ”
Source: Gutenberg

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