The Novgorodians were ever ready to cite from the code of Iaroslaf, granted them, as they aver, by that law-giver, and guaranteeing them large privileges. No authentic traces of this code have been discoverable; but the people conferred their own privileges. The _vetché_, summoned by the great bell in the court of Iaroslaf, was the virtual sovereign. By its pleasure the princes of the state were nominated, elected or dethroned. If a prince opposed the will of the _vetché_, the citizens “made a reverence, and showed him the way out.” Before its tribunal he could stand accused. If he persisted in an oppressive course, he was put in durance. In like manner the _vetché_ elected and deposed the archbishops of the republic, decided for peace and war, conducted the trial of state criminals, and all the other important business of government. Decisions were obtained not by majority, but by unanimity. If the minority stood out stubbornly, the majority summarily threw them into the Volkhof; for with all their wealth, pride and freedom, the Novgorodians retained an occasional trace of their barbaric origin. Commercially, their city was the glory of Russia. Large numbers of the people were occupied in the trade of the Dneiper and with Greece, and still larger numbers with the trade of the Volga and the East. The soil of the lake region is marshy, sandy, and sterile; the cause of frequent pestilences to its relatively dense population who are also the prey of famines, since their supplies have to be brought from afar. In prehistoric centuries, Novgorod maintained a commerce with the Orient, attested by the coins and jewels exhumed from the barrows of the Ilmen. It exchanged iron and weapons for the precious metals procured from the Ural mines by the Ingrians. It bought the fish and wares of the Baltic Slavs. In the twelfth century, this northern metropolis had a market and a church for the merchants from the Isle of Gothland,[A] and in this isle arose a Variag church, attended by Novgorodian families. The city had likewise a large German market, fortified with a stockade. The Germans had the monopoly of all the western trade; no Russian being allowed, by the terms of their compact, to sell German, English, Walloon, or Flemish products. Hydromel, works of art from Byzantium, rugs, felts, tissues from India, fabrics from the looms of Persia, tea, and curious wares from China, filled its bazars. In 1480, when Ivan III, himself, Viliki, or the Great, crippled its liberties, he despoiled it of three hundred chariots laden with silver and gold. The adventurous mercantile character and the proud, free spirit of this people, is typified in the Novgorodian Sinbad, Sadko, hero of the popular epic, who sought his fortune on the seas. A second Jonah in a storm, he plunges into the waves, and is received into the palace of the sea king, who tests his prowess in various ways, and gives him the princess of the sea in marriage. After many exciting adventures Sadko stands on the shore surrounded by piles of treasure. Yet these are nothing compared with the treasures of Novgorod the Great. “Men perceive that I am a rich merchant of Novgorod; but my city is far richer than I.”