Note 164 — Chapter VIII · THE ENGLISH IN THE NORTH SEA

See Transactions of the Royal Historical Society, vol. xvi (1902), pp. 19–67. In an article by W. E. Lingelbach on the organization of the Merchant Adventurers the suggestion is put forward that the Old Hanze and the New Hanze were two separate grades of merchants with differing privileges. Certain not very precise indications point to such an arrangement, but, on the other hand, there is no hint of any such thing in the Charter of Incorporation of 1505 or in any other document of the same type.