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Medieval Sourcebook:
Louis the Pious: Grant of Minting Coins to Abbey of Corvey, 833

The feudal tendency toward local mints and diversity in coinage systems under weak kings is manifest in this grant by Louis the Pious. In this particular case it was perhaps an advantage to civilization that Corvey should receive rights of minting since this monastery performed a useful function as a colonizing center in Germany.

In the name of our Lord God and Saviour, Jesus Christ, Louis, by the grace of Divine Providence, Emperor Augustus.

We wish it to be known to all the faithful of God's Holy Church, both now and in the future, how we, with God's favor, and with the consent of our faithful people, have founded the monastery of Corvey in Saxony, with the most devout intention, to the honor of St. Stephen, the first martyr, and we have granted suitable help out of our charity, in deserved liberality to the said holy place. Moreover, because that region needed a place of exchange, we have decreed that public money, issued on our authority, shall always be used beyond that place, to the profit of those fighting for Christ, seeing that in all honesty, place and person to the contrary notwithstanding, the holy place possesses all rights of public taxation there by our authorization; and this additional gift of our charity shall contribute for all time to the usefulness of that monastery. And in order that it might keep and hold in perpetual security all the gifts granted by us, we have decreed that this charter shall be strengthened by the impression of our seal below.


From: N. Schaten, S.J., ed., Annales Paderbornenses, (Neuhaus, 1693), Vol. I, p. 91; reprinted in Roy C. Cave & Hebert H. Coulson, eds., A Source Book for Medieval Economic History, (Milwaukee: The Bruce Publishing Co., 1936; reprint ed., New York: Biblo & Tannen, 1965), pp. 132-133.

Scanned by Jerome S. Arkenberg, Cal. State Fullerton. The text has been modernized by Prof. Arkenberg.

This text is part of the Internet Medieval Source Book. The Sourcebook is a collection of public domain and copy-permitted texts related to medieval and Byzantine history.

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© Paul Halsall, October 1998