In 1649, it was decided to hold markets every week in Jamestown, which was a form of the old English fair. The fair was one of the oldest of the trade institutions of England, having its origin and principal encouragement in an age when population was sparse and it was expedient to have fixed occasions upon which people could come together from a distance and exchange their products. These markets were restricted to Wednesdays and Saturdays and the boundaries careully laid off.
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