Selected quad for the lemma: book_n

Word A	Word B	Word C	Word D	Occurrence	Frequency Band	MI	MI Band	Prominent
book_n	time_n	world_n	write_v	2,689	5	5.2806	4	true

Text snippets containing the quad

ID	Title	Author	Corrected Date of Publication (TCP Date of Publication)	STC	Words	Pages
A41166	The East-India-trade a most profitable trade to the kingdom. And best secured and improved in a company, and a joint-stock. Represented in a letter written upon the occasion of two letters lately published, insinuating the contrary.	Ferguson, Robert, d. 1714.	1677 (1677)	Wing F736A; ESTC R213729	22,130	32

away without means of redress Besides during that time the Injuries from the Dutch in hindring the Trade and seizing the Ships and Estates of the English were far more frequent and more often reiterated That subtil People well knowing how to make their advantage by setting one English mans interest against anothers insomuch that for 15 or 16 English Ships and their Cargoes which the Dutch had taken if I mistake not they only gave satisfaction for four and by means of the English men Interessed in those four obtained a National discharge for all the rest A certain person whom I forbear to name that was much concerned in the said four Ships or some of them hath sometime made his brags That he by his Interest and prevalency with the late Usurper procured the signing that discharge which debarred all those English concerned in the other twelve Ships from any claim or demand of satisfaction and thereby though the English Nation lost sixteen Ships the Dutch paid but for four The private persons Interessed in those Ships made near Cent. per Cent. profit and the others lost all both Principal and Profit Also in those three or four years of open Trade the Trade it self was rendred very unprofitable for whereas under the Company in a Joint-Stock the Trade generally produced for every 100 l. sent out and invested in India 300 l. 250 l. or when least 200 l. here in England In the open time the Trade was brought to that pass that 100 l. laid out in India did hardly yield in England 125 l. and many lost of their principal Stocks besides about two years Interest and the risk and adventure of the Seas and this not by reason of the quantity of Ships and Goods sent to and returned from India in those times for there hath been twice as much sent out and brought home by the Company of late years but from the raising the prices of India-Goods in the Country one man vying upon another to get a quick dispatch and as they did endeavour to supplant one another in India so also in their Markets in Europe and hence it was that several Ships set out from England did not return to England but were directed to sail from India directly to some other Foreign-parts and so the Kingdom was deprived of the Customs and other advantages thereby From the disorders and ill success of the open Trade it was That in Anno 1657 all persons being generally convinced that the only profitable way for the management of the East-India-Trade was in a Company and a Joint-Stock did consent and agree to lay aside all private Trade and to unite in that way Accordingly Books were laid open for all persons in the Nation to subscribe what Stock they pleased to adventure in the said Trade And it may be noted that such was the disrepute and inconveniencies the former open time had brought the Trade into as together with some injuries and losses sustained from the Dutch kept the value of the Stock in the Worlds esteem for several years much below its first principle In or about Anno 1665 the Company did take a full and perfect Account and Balance of all their Stock Adventures and Debts and exposed a Transcript thereof to publick view the Stock then was apparently more worth than 130 per Cent though at that time such were the humours and fancies of people that it was sold by private persons for 70 per Cent or thereabouts for which reason though the Company did then lay open a Book of subscriptions for all persons that would adventure in the Trade to write what sum they pleased yet every one did decline it Since which time though many Dividends have been made amongst the Adventurers yet the value of the Stock in its esteem in the World hath advanced to 245 per Cent though of late it is as you seem to advise me gone backward to 235 per Cent notwithstanding the safe arrival of all the Companies Ships this year From this short Account of things I leave it to all Judicious persons to consider Whether it be not inconsistent with the Kingdoms Interest and whether it be not irrational and unjust to lay open the East-India Trade Inconsistent with the Kingdoms Interest to part with or hazard the loss of all those places of Strength and those Priviledges the East-India-Company now enjoy but cannot maintain in an open Trade Irrational to make a second trial after the experience of so many Inconveniencies by the first and unjust to deprive the present Subscribers in the East-India Stock of their future advantage that have run so many Hazards of their Stocks and been at such vast expences for the promoting and securing the Trade so advantageous to the Kingdom and to open it to those that have-twice already refused to adventure therein I have been the briefer on this first Particular because I find very few so hardy as to expose their own Reason in pleading for an open Trade The Gentleman Barrister as he stiles himself seem'd to question Whether it were a useful Trade to England but if it were intimates it should be a Regulated Trade and instances in that of the Turky-Company It remains therefore to shew Secondly That the East-India-Trade cannot so well be secured and improved for the Kingdoms advantage under a Regulation as by a Company and a Joint-Stock In reference to the Security of the Trade it must be noted That in the East-Indies there are many very many Kings and Governments almost every place of Trade whereof there is a considerable number is under a distinct Rajah or King and considering that other European Nations are still watching to take all opportunities to distil into the minds of those Kings slight contemptuous thoughts of to incite them against the English either to exclude them from Trade or to put many Hardships upon them there is an absolute necessity of frequent applications to and Treaties with those Kings and that the English appear to them in some Port and Grandeur as able to carry on considerable Trade with them and to force them to a performance of their Treaties and Agreements The state of affairs in Turky is far otherwise where there is but one Prince who hath an absolute Dominion in all his Territories so that by one Ambassador at the Emperours Court and two or three Consuls at the Places or Residences of Trade whereof there is no greater number to hold Correspondence with the said Ambassador all matters for the Security and good of the Trade may be transacted This being premised I shall take it for granted That all true English men would for the Honour and Benefit of their Country have all the Places of Strength and all Factories Houses and Priviledges in India which by the present Joint-Stock of the East India-Company have been obtained purchased and setled at the expence of 2 or 300 thousand pounds and whereof the said Joynt-stock are at present the Owners