lower the price of merchandise bought, take merchandise bought to
the staple, and promise to hold no staple beyond the sea for the
same merchandise. An amendment disallowed denizens from taking
wools, leather, woolfells, or lead for export, but only
strangers.

Towns failing to bring disturbers of this right to justice shall
forfeit their franchise to the King and pay double damages to the
merchant. The disturber shall be imprisoned for a year.

Cloth may not be tacked nor folded for sale to merchants unless
they are opened to the buyers for inspection, for instance for
concealed inferior wool. Workers, weavers, and fullers shall put
their seals to every cloth. And anyone could bring his own wools,
woolfells, leather, and lead to the staple to sell without being
compelled to sell them in the country. Special streets or
warehouses were appointed with warehouse rent fixed by the mayor
and constables with four of the principal inhabitants. Customs
duties were regulated and machinery provided for their
collection. No one was to forestall or regrate, that is, buy at
one price and sell at a higher price in the same locale.
Forestallers were those who bought raw material on its way to
market. Regrators were those who tried to create a "corner" in
the article in the market itself.

Anyone may ship or carry grain out of the nation, except to
enemies, after paying duties. But the council may restrain this
passage when necessary for the good of the nation. Any merchant,
privy or stranger, who was robbed of goods on the sea or lost his
ship by tempest or other misfortune on the sea banks, his goods