| The crowd of Huizhou merchants was well-known in the Ming and Qing dynasty, among the ones who come from all sort of areas. The Huizhou merchants were accomplished in the pawn industry. The present paper discusses the effect pawn-keeping had on the crowd development, which is based on previous study, and working in angles of view. It will help us to study the Huizhou merchants thoroughly, and probe into the secret of the crowd's rising and falling. We could find the importance of the paper in innovating with filling the vacancy of research.The paper led to the conclusions: The people of Huizhou had a strong trend to deal in the debit and credit of money because the local surroundings. The Huizhou merchants often stayed in the other places, so they would like the pawn industry which needs impawning. There were good conditions because the commodity and currency economy in middle period of Ming dynasty. Then the Huizhou pawn merchants became the dominator of Chinese pawn industry. They played an important role in the crowd of Huizhou merchants too.We could find these facts with the static analysis: Firstly, as a hypo-coming industry, the pawn worked to save the superfluous capital come from the pioneer ones Huizhou merchants managing. Secondly, the profit come from pawn-working countrywide enhanced the strength of the crowd of Huizhou merchants greatly, it help the crowd being richest. Thirdly, the profit sustained the pioneer industry too, and the Huizhou pawn became the financing way to social reproduction, which made better circumstance for the crowd. Fourthly, the people of Huizhou got the information about business easily because pawn-working countrywide, as the result, they were successful in many fields of commerce.We could get these facts on dynamic analysis: The crowd of Huizhou merchants was characteristic with Confucian and official in the developing course, and the pawn merchants had the effect too. The total direction of Huizhou pawn ones was, being the dominator of Chinese pawn industry in the middle and late of Ming dynasty, withdrawing the dominion in Qing dynasty. When developing in extension became difficult, they pay attention to developing in intension by enhancing education to upgrade the managing level, for their thinking much of Confucianism and learning. There were many ones who were merchant as well as Confucian in Huizhou pawn owner and manager, as the result, the Confucianism characteristic had been enhanced. The pawn merchants also played a role of official, but being unwilling. They became a professional estate of "Huizhou Chaofeng", which could provide the protection for them in disadvantage.It was important to the crowd how the Huizhou pawn merchants to inherit their capital. They had tried their best to give the capital to "the suitable men". The receiver could keep the amount of working capital to be constant. These were beneficial to the pawn merchants' thriving, and made people with the impression of being good at pawn managing. |