Controlling Commercial Morality in Late Medieval London: The Usury Trails of 1421

Abstract This article examines evidence from a series of usury trials which took place in London in 1421, in order to draw conclusions both about the specific matters which were being dealt with in those cases, and about the way in which usury was regarded and prosecuted in early fifteenth century England. The article also relates the London cases of 1421 to the other rules about and mechanisms for prosecution of usury in fifteenth century England, most importantly the law and practice of the church. It concludes that church courts dealt with different types of usurious conduct to that shown in the 1421 London cases. The broad conclusion of the article is that the 1421 London cases show that the law against usury was by no means a dead letter outside the jurisdiction of the church in late medieval England: in London at least, it was part of a burgeoning and increasingly sophisticated commercial jurisdiction.