Gilds: Their Origin, Constitution, Objects, and Later History (Classic Reprint) - Hardcover

Walford, Cornelius

 
9780267909186: Gilds: Their Origin, Constitution, Objects, and Later History (Classic Reprint)

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Excerpt from Gilds: Their Origin, Constitution, Objects, and Later History

Gilds have played a very important part in the history of our civilization, and probably in that of the world generally. They have fostered our arts and sciences developed and extended our commerce and in many cases cherished and preserved our liberties. Further, they have in various respects moulded our national character and institutions. But what is still more to our present purpose - and alone demands and justifies the following detailed investigation - is that they have especially initiated and nurtured that principle of association for the common protection in wealth and in adversity, which, while it is claimed as a peculiarity of the anglo-saxon race, has, in truth, a far more remote antiquity. It is to be traced through the Oriental races, back to the ancient Hindoos; and in fact seems coeval with commerce and civilization. It may be that the anglo-saxon race has elevated this principle to a higher stand-point than any before them; its most noble outcome being that of Life Ins. The Gilds were in truth the Ins. Asso. Of the Middle Ages, and prob. The only ones which were required or could have existed in that state of society.

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