ABSTRACT

MEDIEVAL building was regulated by the income of the employer. He had not, as now, an invested fluid capital, on which he could draw at a few days’ notice. He might have broad acres to which he could point as security for a loan from a Jew, but otherwise, or if he preferred not to borrow, the year’s building was limited by the year’s savings on the produce of his estates. It was this more than anything which dictated the size of his scheme and the rate of progress in carrying it out.