Merchants of the Steelyard

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Steelyard. The Steelyard, on the site of Cannon Street station (London), was for more than three centuries the headquarters of the Hanseatic traders. They were charged with the repair and defence of Bishopsgate, but were deprived of their privileges by Elizabeth in 1598 in retaliation for restrictions placed upon English merchants in the Holy Roman empire.

J. A. Cannon