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In the year 1355, Francisco Balducci Pegoletti, an Italian, wrote a system of commercial geography, of great importance, considering the period in which it was written. Its title translated into English, is, "Of the Divisions of Countries, and of their Measures, Merchandize, and other things useful to be known by the Merchants of various parts of the World."

In the foregoing itinerary, Pegoletti certifies the existence of the paper money which had been previously mentioned by Rubraquis, Haitho, Marco Polo, and Oderic: Some of these authors describe it as having been fabricated of cotton paper; while others remark very justly, that it was made of the bark of the paper mulberry tree. Oderic calls it Balis, Pegoletti gives it the name of Balis-chi.

The Astracan mentioned in the text by Pegoletti, was not on the spot where that city now stands; both that ancient Astracan and Saray having been destroyed by Timur Khan, or Tamerlane, as he is usually called, in the winter 1395. The old town of Saray was at no great distance from ancient Astracan. Forst.

The seamen he proposes to draw from the following places, as affording the most expert: Italy, the north of Germany, Friesland, Holland, Slavia, Hamburgh, Denmark, Sweden, and Norway. In the year 1335, Pegoletti, an Italian, wrote a system of commercial geography; in this, the route taken by the merchants who brought produce and manufactures from China to Azof is particularly described.

VIII. Travels of John de Piano Carpini, in 1246 IX. Travels of W. de Rubruquis, about 1253 X. Travels of Haitho, Prince of Armenia, in 1254 XI. Travels of Marco Polo into China and the East; from A.D. 1260 to 1295 XII. Travels of Oderic of Portenau, in 1318 XIII. Travels of Sir John Mandeville, in 1322 XIV. Itinerary of Pegoletti, between Asof and China, in 1355

And a thousand other fictions and absurdities, too ridiculous even for the credulity of children. Of this worse than useless performance, the foregoing analysis is perhaps more than sufficient for the present work. Forst. Voy. and Disc. in the Nerth, p. 148. Pinkert. Mod. Geogr. II. xxxvi. Hakluyt, II. 76. Itinerary of Pegoletti, between Asof and China, in 1355 .