The Laws, Customs, Usages, and Regulations of the City and Port of London: With Notes of All the Charters, Ordinances, Statutes, and Cases (Classic Reprint)

Excerpt from The Laws, Customs, Usages, and Regulations of the City and Port of London: With Notes of All the Charters, Ordinances, Statutes, and Cases

The exclusive franchises of the municipal body, which form the most essential part of the subject treated of in these works, have many of them at this day yielded to the sweeping tide of reform. The trade and commerce of London, instead of being, as formerly, restricted to the admitted Freemen of the Guilds or Companies of retail dealers, is open to the competition of enterprise, industry and capital, collected from every part of the habitable world, whilst the improvements in our commercial system in other respects, have completely changed the ancient mode of transacting business. Many of the civic laws and customs are gone into disuse, or become merged in the more comprehensive provisions of general or local sta tutes. Commercial usage has established, in lieu of many of them, customs and regulations as binding and effectual as actual legislative provisions; and the ancient institu tions themselves, little understood, and not altogether adapted in their present state to the modern wants of society, have sunk in a great degree into obscurity.

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