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Merchant of Venice, The

Aiton's Encyclopedia (1910)

The, a comedy by Shakespeare, written sometime between 1594 and 1598, and printed in 1600. The date of the first presentation is unknown. The material of the play was obtained in part from the Gesta Romanorum . Two stories seem to be united in The Merchant of Venice. The one, The Pound of Flesh, or The Bond Story, represents a merchant as having borrowed money, signing a bond that, if the debt is not paid at a certain date, the creditor may cut from his debtor's body a pound of flesh. The other is the story of The Three Caskets, one of gold, one of silver, one of lead. In one of these there is a treasure which he may possess who chooses the right casket. The first of these stories has been traced as far back as the Mahabharata, the great epic of India. Both stories are found in the Gesta Romanorum. Both have been told and retold in many languages, before and since the time of Shakespeare. It is believed that Shakespeare made use of an Italian novel for his version of The Bond Story. The character of Portia in this play is a favorite among Shakespeare's creations. Schelling speaks of her as "the sound-hearted, adorable . . . a creature of the poet's brain, wealthily endowed with a reality and an immortality beyond the fondest longings of actual men and women." Shylock, too, is a striking character, and in the presentation of the play is the figure about whom interest centers. What then remains to Shakespeare? and what is there to show that he is not a plagiarist? Every thing that makes The Merchant of Venice what it is. The people are puppets, and the incidents are all found in old stories. They are mere bundles of barren sticks that the poet's touch causes to bloom like Aaron's rod: they are heaps of dry bones till he clothes them with human flesh and breathes into them the breath of life.--Richard Grant White.

What Has Changed in the Last Century

The textual facts in Aiton's 1910 account still hold: scholars now date the play to about 1596-97, note its entry in the Stationers' Register in 1598 and the 1600 quarto, and identify the "Italian novel" behind the bond plot as Giovanni Fiorentino's Il Pecorone, with the caskets drawn from the Gesta Romanorum as stated. What has changed utterly is the play's standing. Aiton's writer treats Portia as the beloved centre and Shylock merely as "a striking character" without a word about the play's antisemitism; after the Nazi regime promoted the play in the 1930s and 40s, and after the Holocaust, The Merchant of Venice became one of Shakespeare's most contested works, routinely staged and taught as a problem play with Shylock as its tragic focus. Modern productions often end on Jessica's isolation or Shylock's forced conversion rather than the comic reconciliation of Act V.

Written for this edition, 2026.