COMMERCIAL POSITION OF ASTRAKHAN--ITS IMPORTANCE IN THE MIDDLE AGES--ITS LOSS OF THE OVERLAND TRADE FROM INDIA-- COMMERCIAL STATISTICS--FISHERIES OF THE CASPIAN--CHANGE OF THE MONETARY SYSTEM IN RUSSIA--BAD STATE OF THE FINANCES--RUSSIAN POLITICAL ECONOMY.
There is no city, perhaps, of eastern Europe, which has played a more important part than Astrakhan in the commercial relations between Europe and Asia. Situated at the lower extremity of the largest navigable river of Europe, it communicates on the one side by the Caspian with Turcomania and the northern regions of Persia; on the other side, by means of the Volga and the Don, it is in direct intercourse with the central provinces of the Muscovite empire, and the whole coast of the Black Sea. With such facilities for traffic, Astrakhan would naturally be one of the chief points of transit for Indian goods during the middle ages, when the passage by the Cape of Good Hope was unknown, and European navigators had not yet appeared in the Persian Gulf. It was towards the middle of the thirteenth century, after the foundation of the Kaptshak empire, and of the kingdom of Little Tartary, that the Caspian Sea became a highway for the Indian trade, with which, in still earlier times, the Petchenegues, the predecessors of the Tatars in the Tauris, appear not to have been altogether unacquainted. Astrakhan on one side, and Soldaïa on the Black Sea on the other, became the two great maritime places of the Tatars, and exchanged between them the merchandise of Europe and Asia, by means of the caravans of the Kouban and the Volga.[20] From Soldaïa the Indian goods were next conveyed to Constantinople, where they were sold either for the provinces of the empire, or to foreigners trading in that capital. Afterwards, about 1280, when the Genoese took possession of the coasts of the Tauris, Soldaïa lost its commercial importance, and the splendid colony of Caffa became the centre of all the Asiatic commerce. Mercantile relations with India assumed fresh activity at that period, particularly when, after the dissolution of the empire of the Kaptshak, in the reign of Hadji Devlet Cherii, the Genoese became masters of Tana, on the Don. The whole trade in spices, aromatic and medicinal drugs, perfumes, silks, and other productions of the East in request in Europe, fell thus into the hands of those intrepid Italian speculators, whose connexions by way of the Caspian, the Persian Gulf, and the caravans, extended as far as the Indies.