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A96324 A discourse of the decay of trade the necessity of recovering: the danger of neglecting: the advantage of effecting: with the proper means to accomplish the same; whereby the war if self will become as certainly advantageous, as a peace will be destructive. Humbly presented by James Whiston. Whiston, James, 1637?-1707. 1693 (1693) Wing W1685; ESTC R220593 10,685 11

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A DISCOURSE OF THE Decay of Trade The Necessity of Recovering The Danger of Neglecting The Advantage of Effecting With the proper Means to Accomplish the same Whereby the War it self will become as certainly Advantageous as a Peace will be Destructive Humbly Presented by James Whiston WHilst England had few or no Rivals in Trade and the Riches of the World flow'd into her Lap she Lived at Ease slumbring in the Downy Bed of Peace wallowed in Pleasures and had no other Unhappyness but in being too happy Her Abundance begot Idleness and that a Stupid Security so that she was not at Leizure either to Improve her own Advantages or Countercheck the Designs of her Neighbours who Aggrandize themselves at our Expence and Impoverishment But now 't is high time to awaken all the Vital Powers of State and rouze the very Soul of Government from this slothful Lethargie to see the Danger of our Condition and provide for a Remedy For if the Kingdom consults either her Safety or Greatness the only means of acquiring those Signal Blessings is by making her self Mistress of the Seas That once obtain'd which with Submission by these Methods humbly offer'd and effectually pursued by Divine Assistance may undoubtedly be accomplished she has a fair Assurance without the horrour of much War hazard of Mighty Armies and Charge of Numerous Garrisons of gaining the Chief Trade of the World which we above all Nations upon Earth have at this time not only the fairest opportunity but the greatest Necessity of Endeavouring to obtain Forasmuch as the Strength or Weakness Wealth or Poverty of this Kingdom wholly depends upon the Good or Ill Management of Foreign Trade into which as into a wide Wilderness Thousands are Enter'd yet few or none though of the largest Experience are able to comprehend the vast Advantages thereby accruing to the Publick For oftentimes the Merchant may get when the Publick looses and as frequently the Publick may get when the Merchant looses both which ought to be Joyntly provided for since it is not Just that either should be prejudiced in regard the Publick must be taken care of and the Merchant is as it were the Steward of the Kingdoms Stock which by his Good or Ill Management proportionably either Languishes or Increases Therefore how highly is it the Indispensable Concernment of the Government to make it their utmost Care and Labour to Understand Preserve and Improve this one thing necessary which since Trade hath been known hath never been rightly managed and without which amendment we can never be happy But if we gain the Ascendant over her who is now the Worlds most Celebrated and Courted Mistress we shall without undertaking much of the Toyls of Alexander and the Caesars make our selves in Effect Masters of the Four Quarters of the Earth and all England become as one City of Trade and the General Emporie of the World Hereby the Nation will be abundantly Enriched and Money being the very Life of War and Sinews of all Publick Action we shall be enabled to bring the World into a Dependant Awe send out our Superfluities at what Profit we please and also return the Richest Commodities of the Remotest Climates at our own Prices The People will be Contented and the Exchequer maintained in a Full Spring Tide ready to encounter all Emergencyes so that it can't be within the reach of the Worlds United Power to do us prejudice Neither will the Subject only but His Majesty also reap an Equal Advantage It will render him a King of Free and Able Men which is far more Glorious than to be a King of Slaves Beggars and Bankrupts And it is an undeniable Maxime in all States That 't is less dangerous and dishonour for the Prince to be poor than his People Rich Subjects can make their King Rich when they please If He gain their Hearts He will quickly be Master of their Purses This would exceedingly raise our Reputation abroad and enable His Majesty to keep his Enemies in Fear his Subjects in Peace and his Confederates in Security For Since the Introduction of the New Artillery of Powder Guns c. and the Discovery of the Wealth of the Indies c. War is become rather an Expence of Money than Men and Success attends those that can most and longest spend Money Whence it is that Princes Armies in Europe are become more proportionable to their Purses than to the Number of their People So that it uncontroulably follows that a Foreign Trade Managed to the best Advantage will make our Nation so Strong and Rich that we may Command the Trade of the World the Riches of it and consequently the World it self especially now a dayes since no Obligation either of Religion or Allegiance so much prevails upon Military Men as the certain prospect of Reward being chiefly Influenced by their Pay as the Price of their Blood Neither will the persuing these Proposals augment the Nations Wealth and Power only but that Wealth and Power will also preserve our Trade and Religion they mutually working for the preservation of each other and vastly Increase Industrious People And since those who live by the Arts are far more in Number than they who are Masters of the Fruits we ought the rather to Maintain the Endeavours of the Multitude in whom doth consist the greatest Strength and Riches both of King and Kingdom Where Trade is there will be Imployment Where Imployment is thither People will resort And where People resort there will be a Consumption of Commodities and thereby the Publick Revenue will be raised so that would we once make Trade flourish we need not doubt but People from all parts of the Globe would resort hither to enjoy themselves and Improve their Stocks For Trade is the life-Life-Blood that runs through the Veins of the Nation that moves maintains and enlivens the whole Body of the People from the meanest Cottage to the Royal Throne So Bountiful is it that it would extend it self to all Sorts and Conditions of Men. And though most Nations are sensible of this great Benefit particularly the Dutch and French who owe their Strength and Greatness to the Favour of Trade yet neither of them are able to compare with us either in Quantities of Native Commodities Manufactures and Artists or of Neighbourhood to the Sea Convenient Ports Goodness of Shipping great Numbers of Rich Merchants and Tradesmen who have beyond others a Natural Genius of Understanding the Mistery of Trade Able Marriners Provision of Victuals c. All which happily concur in our Dominions divided from all the World besides by a Wall of Water as if God and Nature had designed this Island for the Grand Market of the Vniverse Not only the Increase of Seamen and Shipping those Bulwarks of the Brittish Empire the Incouragement of Manufactories but the Increase of Industrious Inhabitants which if duely Imploy'd can never be too many their Multitudes being always the Original Riches as well