Aaron of Lincoln


Aaron of Lincoln

Aaron of Lincoln was an English Jewish financier (born at Lincoln, England, about 1125, died 1186). He is first mentioned in the English pipe-roll of 1166 as creditor of King Henry II for sums amounting to £616 12s 8d in nine of the English counties. He conducted his business through agents, and sometimes in conjunction with Isaac, fil Joce; by these methods building up what was practically a great banking association that spread throughout England.

He made a specialty of lending money for the purpose of building abbeys and monasteries. Among those built were the Abbey of St. Albans, Lincoln Minster, Peterborough Cathedral, and no less than nine Cistercian abbeys. They were all founded between 1140 and 1152, and at Aaron's death remained indebted to him in no less a sum than 6,400 marks. Some of these debts may, however, have been incurred by the abbeys in order to acquire lands pledged to Aaron. Thus the abbot of Meaux took over from Aaron lands pledged to the latter in the sum of 1,800 marks; Aaron at the same time promising to commute the debt for a new one of only 1,260 marks, which was paid off by the abbey. After Aaron's death the original deed for 1,800 marks was brought to light, and the king's treasury demanded from the abbey the missing 540 marks. This incident indicates how, on the one hand, Aaron's activity enabled the abbeys to get possession of the lands belonging to the smaller barons, and, on the other, how his death brought the abbeys into the king's power.

Aaron not only advanced money on land, but also on corn, armour, and houses, and in this way acquired an interest in properties scattered through the eastern and southern counties of England. By the time he died, in 1186, he was the second richest man in Britain, after the king himself. Upon his death Henry II seized his property as the escheat of a Jewish usurer, and the English crown thus became universal heir to his estate. The actual cash treasure accumulated by Aaron was sent over to France to assist Henry in his war with Philip Augustus, but the vessel containing it went down on the voyage between Shoreham and Dieppe. However, the indebtedness of the smaller barons and knights still remained, and fell into the hands of the king to the amount of £15,000, owed by some four hundred and thirty persons distributed over the English counties.

So large was the amount that a separate division of the exchequer was constituted, entitled "Aaron's Exchequer" (Madox, "History of the Exchequer," folio ed., p. 745), and was continued till at least 1201, that is, fifteen years later, for on the pipe-roll of that year most of the debts to Aaron (about £7,500) are recorded as still outstanding to the king, showing that only half the debts had been paid over by that time, though, on the death of Aaron, the payment of interest ceased automatically, since the king, as a Christian, could not accept usury.

In 1190, Richard de Malbis (Richard Malebisse), a debtor of Aaron of Lincoln, led an attack on the family of Aaron's late agent in York that resulted in the death of the entire community, some 150 men, women, and children, at York Castle.

The house of Aaron of Lincoln still stands, and is probably the oldest private stone dwelling in England the date of which can be fixed with precision (before 1186). Originally the house had no windows on the ground floor—an omission probably intended to increase the facilities for protection or defense. Pictures of the house are available [http://www.norman-world.com/angleterre/Patrimoine_architectural/Angleterre/houses/lincoln/lincoln6.htm here] .

What makes Aaron significant is that his career illustrates the manner in which the medieval Jewish communities could be organized into a banking association reaching throughout an entire country. Still, the ultimate fate of the wealth thus acquired shows that, in the last resort, the state obtained the chief benefit.

External links

* [http://www.norman-world.com/angleterre/Patrimoine_architectural/Angleterre/houses/lincoln/lincoln1.htm Pictures of Aaron's House]

References

*
* Bibliography: Jacobs in "Tr. Jew. Hist. Soc. Eng." iii. 157-179; idem, "Jews of Angevin England"
* Hollister, C. "et al." "The Making of England To 1399." p. 221


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • AARON OF LINCOLN — (c. 1123–1186), English financier. Aaron probably went to England from France as an adult. His recorded transactions extended over a great part of England and his clients included bishops, earls, barons, and the king of Scotland. Aaron advanced… …   Encyclopedia of Judaism

  • Aaron of Lincoln — (c. 1123–86)    English money lender. Aaron became the wealthiest Jew in 12 century England by loans to the Crown, the nobles and the Church. Aaron’s money helped to build nine Cistercian abbeys and the cathedrals of Lincoln and Peterborough. He… …   Who’s Who in Jewish History after the period of the Old Testament

  • LINCOLN — LINCOLN, town in eastern England. The medieval Jewish community (first mentioned in 1159) was probably the second in importance in England after London. During the crusader riots which swept the country in March 1190, the Jews were attacked and… …   Encyclopedia of Judaism

  • Lincoln, Lincolnshire — Infobox UK district name = City of Lincoln location map|United Kingdom label= position=center width=115 lat= 53.232 long= 0.538 caption= float= status = City region = East Midlands admincounty = Lincolnshire area = Ranked 328th 35.69 km² adminhq …   Wikipedia

  • Lincoln, England — City of Lincoln   City Borough   Castle Square, Lincoln …   Wikipedia

  • Aaron Copland — (  /ˌ …   Wikipedia

  • Aaron Copland — [ˈærən ˈkoʊplənd] (* 14. November 1900 in Brooklyn, New York, N.Y.; † 2. Dezember 1990 in North Tarrytown) war ein US amerikanischer Komponi …   Deutsch Wikipedia

  • Lincoln (Inglaterra) — Saltar a navegación, búsqueda City of Lincoln Lincoln Bandera …   Wikipedia Español

  • Aaron Copland — tocando el piano Nacimiento …   Wikipedia Español

  • Lincoln Portrait — is an orchestral work written by the American composer Aaron Copland. The work involves a full orchestra, with particular emphasis on the brass section at climactic moments. The work is narrated with the reading of excerpts of Abraham Lincoln s… …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.