Note 8 — THE EXPLORATION OF THE ROAD

The prosperity of the Jews in the early Middle Ages was remarkable. They have been said to have accumulated 46 per cent. of the total personalty of England in little more than the first century of their operations. This is an error, due to overlooking the fact that for the Saladin Tithe the Jew was taxed one fourth and not one-tenth of his goods. The true figure should be about 25½ per cent. But even that is astonishing for perhaps one per cent. of the population. It supposes an average Jewish fortune twenty-five times larger than the average English one.