VISBY on the Swedish island of
Gotland in the Baltic Sea was an important link for Hanseatic Trade. It
was famed for piracy under the leadership of the Victual Brothers. The
name "Visby" comes from the Old Norse "Vis", the genitive singular of Vi
the pagan place of sacrifices, and "by", meaning "village".
In the "Gutasagan" (mid 14th century) the place is referred to as just
Wi meaning "holy place, place of worship", giving a tentative hint that
Visby could be allied to the elusive WU trading block... Visby
functioned as the leading centre in the Baltic, before the Hansa, on
behalf of
the
Gotland, Livonia and Swedish regions. Sailing east, Visby merchants
established a trading post at Novgorod called
Gutagard, dealing in timber, furs, resin (or tar), flax,
honey, wheat, and rye, however in 1525 Visby was
in a feud with the Lübeckers, members of the Hanseatic League who
burned down all Visby's churches except the cathedral. Control of trade
was transferred to Riga. It has been suggested that flax
seals with the designation WU could have originated in Visby.