The Merchant of Venice

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The Merchant of Venice is a romantic comedy which was written between 1596 and 1597. It opens on the streets of Venice and throughout the comedy, the setting shifts between Venice and Belmont.

Bassanio (a business man) tells Antonio, (a Venetian merchant and dear friend) that he has fallen in love with Portia, (a wealthy heiress from Belmont) and plans to travel to Belmont to win her heart. Bassanio tells Antonio that he desperately needs money to court Portia; Antonio unfortunately has his money invested in merchant ships at sea and tells Bassanio that he is unable to make the loan, but suggests that Bassanio seek a moneylender and name Antonio as the loan's guarantor. In Venice, Bassanio and Antonio seek out Shylock, a Jewish money lender for a loan. Antonio openly expresses his contempt for the greedy and vengeful usurer. Shylock displays hatred toward Antonio because of the cruel and insulting treatment that Antonio has directed toward him in the past. Shylock agrees to lend Bassanio three thousand ducats for a term of three months and Bassanio assures Shylock that Antonio will act as guarantor. Shylock offers to make the loan without interest with the condition that Antonio forfeit a pound of flesh if loan is not repaid within due time. Antonio agrees to this as he feels confident of the return of his ships before the appointed date of repayment.

At Belmont Portia complains to Nerissa (lady in waiting and confidante) about the marriage arrangement set up by her deceased father. According to her father's will, suitors must correctly choose among three coffers. The man who chooses the correct one (with Portia's portrait and the correct inscription) will win her hand in marriage, but those who guess incorrectly will never marry or be able to court another woman. Princes of Morocco and Arragon fail to select the correct coffer and leave. As Bassanio prepares to travel to Belmont, his friend Lorenzo elopes with Jessica, Shylock's daughter. Bassanio is guided in correctly choosing the lead coffer, and happily agrees to marry Portia. Portia gives Bassanio a ring as a token of love and makes him swear that he will never part with it.

In contrast to this happiness, news comes to Bassanio that Antonio has lost his ships and has defaulted on the bond. Shylock begins to complain about repayment and demands his pound of flesh.

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