Hanseatic

hanseatic league

  • Jan 1, 1159

    establishment

    Post saxon capture, Lübeck became the base of merchants who formed guilds.
  • Jan 1, 1227

    free imperial city

    Lübeck becomes a free imperial city. This means they do not have to pay taxes.
  • Jan 1, 1241

    alliance

    alliance
    Lübeck forms an alliance with Hamburg. This opens new trade routes, the most important being salt water fish.
  • Jan 1, 1266

    charter operations

    The alliance is granted charter operations in england. This opens new markets.
  • Jan 1, 1282

    Cologne joins

    Cologne joins the league.
  • Jan 1, 1356

    expansion

    The Hanseatic League expaneds by trading in timber, furs, resin, flax, honey, wheat, rye,cloth, ore, and herring. By this time, the hansa monopolized the Baltic.
  • Jan 1, 1361

    war

    war
    The Hansa wages war with Denmark, a testament to their power. The war ends in 1370 with a treaty. The treaty grants the Hansa 15% of Danish trade profits.
  • Jan 1, 1438

    rivals

    In the Dutch-Hanseatic war that ended in 1441, rival merchants broke the Hansa's monopoly on the Baltic. This event marks the begining of the Hansa's decline.
  • bad times

    As other powers began to gain power and foreign credit (paper currency from italy, it undermined the local coins) came into the reigion, the Hansa lost power gradualy. Starting in 1593, Hansa trading posts began to close.
  • last meeting

    Only 9 members attended the last formal meeting of the Hanseatic League.
  • end of the Hansa

    The Hanseatic league ceased to exist after 1862, it was eclipsed by other merchant organizations, many of which were based in scandinavia.