Excerpt from The History of the Worshipful Company of the Drapers of London, Vol. 1: Preceded by an Introduction on London and Her Gilds Up to the Close of the Xvth Century But by the close of the fifteenth century the wider system of 'national Economy' began to be developed, to be followed by that of an 'international' or 'world Economy and the industrial conditions grew too complex to be satisfactorily organized by the Gild system. The market now became far wider than that of the town, while the capitalist entrepreneur who rose to meet the new developments refused to submit to the old Gild restrictions. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.