that at the present time they were dearer in Persia,
and that the import tithes were higher. The Emperor
pretended to be exceedingly indignant at this, and
subsequently published an edict forbidding a pound
of silk to be sold for more than eight gold pieces;
anyone who disobeyed the edict was to be punished
by the confiscation of his property. This measure
appeared altogether impracticable and absurd.
For it was not possible for the merchants, who had
bought their wares at a much higher price, to sell
it to customers at a lower rate. They accordingly
resolved to give up this business, and secretly and
without delay disposed of their remaining wares to
certain well-known persons, who took delight in wasting
their money upon such adornments, and to whom it had
become in a manner an absolute necessity. Theodora
heard of this from certain persons who whispered it
confidentially, and, without taking the trouble to
verify the report, she immediately deprived these
persons of their wares, and, in addition, inflicted
upon them a fine of a centenar of gold. At the
present time, the imperial treasurer is charged with
the superintendence of this trade. When Peter
Barsyames held the office, they soon allowed him all
manner of licence in carrying out his nefarious practices.
He demanded that all the rest should carefully observe
the law, and compelled those who were engaged in the
silk factories to work for himself alone. Without
taking any trouble to conceal it, he sold an ounce
of any ordinary coloured silk in the public market-place
for six pieces of gold, but if it was of the royal
dye, called Holovere, he asked more than four-and-twenty
for it. In this manner he procured vast sums of
money for the Emperor, and even larger sums, which
he kept privately for himself; and this practice,
begun by him, continued. The grand treasurer
is at this moment avowedly the only silk merchant and
sole controller of the market. All those who
formerly carried on this business, either in Byzantium
or any other city, workers on sea or land, felt the
loss severely. Nearly the whole population of
the cities which existed by such manufactories were
reduced to begging. Artisans and mechanics were
forced to struggle against hunger, and many of them,
quitting their country, fled to Persia. None but
the chief treasurer was allowed to have anything to
do with that branch of industry, and, while he handed
over part of his gains to the Emperor, he kept the
greater part for himself, and thus grew wealthy at
the expense of the unfortunate public.