But they come, and all good Englishmen are angry at their tricks and angrier still perhaps at their successful trade.

'I have not as yet packed my wool in London,' writes old Richard Cely on October 29, 1480; 'nor have I not bought this year a lock of wool, for the wool of Cotswold is bought by Lombards, wherefore I have the less haste for to pack my wool at London';[39] and his son writes to him on November 16 from Calais: 'There is but little Cotswold wool at Calais and I understand Lombards has bought it up in England.'[40] It is true that the Celys, other English merchants too, are not unwilling to conclude private bargains from time to time with foreign buyers in England.

Two years later their agent, William Cely, writes to advise them that two Flemish merchants are now trying to buy in England contrary to the ordinance, and that those in authority at Calais have got wind of it, and therefore his masters must take care and make Wyllykyn and Peter Bale pay at Calais, 'but as for your dealings knoweth no man, without they search Peter Bale's books.'[41] The upright Betson no doubt eschewed such tricks and resented particularly the clever usurious Lombards, so full of financial dodges to trick the English merchant, for did they not buy the wool in England on credit, riding about as they list in the Cotswolds?
In Cotteswolde also they ryde aboute And al Englonde, and bien wythouten doute, What them liste, wythe fredome and fraunchise More then we Englisshe may getyn in any wyse.
And then did they not carry the wool to Flanders and sell it for ready money at a loss of five per cent, thereafter lending out this money at heavy usury, mostly to the English merchants themselves, so that by the time pay day came in England, they had realized a heavy profit?
And thus they wold, if we will beleve Wypen our nose with our owne sleve, Thow this proverbe be homly and undew, Yet be liklynesse it is forsoth fulle trew.[42] The next serious piece of business Thomas Betson must take in hand is the packing and shipping of his wool to Calais.

Here he found himself enmeshed in the regulations of the company and the Crown, ever on the look-out for fraud in the packing or description of the staple product.
The wool had to be packed in the county from which it came, and there were strict regulations against mixing hair and earth or rubbish with it.

The collectors appointed by the company for the different wool-growing districts, and sworn in before the Exchequer, rode round and sealed each package, so that it could not be opened without breaking the seal.