Selected quad for the lemma: cause_n

Word A	Word B	Word C	Word D	Occurrence	Frequency Band	MI	MI Band	Prominent
cause_n	bad_a	good_a	reason_n	1,431	5	5.5448	4	false

Text snippets containing the quad

ID	Title	Author	Corrected Date of Publication (TCP Date of Publication)	STC	Words	Pages
A37398	A letter from an English merchant at Amsterdam, to his friend at London, concerning the trade and coin of England	P. D.; D'Aranda, Paul, 1624?-1669.	1695 (1695)	Wing D77; ESTC R17693	6,269	13

A LETTER FROM AN English Merchant AT AMSTERDAM TO HIS FRIEND AT LONDON CONCERNING THE Trade and Coin of ENGLAND LONDON Printed in the YEAR 1695. A LETTER FROM An English Merchant at Amsterdam to his Friend at London SIR I Writ you sometime since my Opinion concerning the rise of Gold and Guinea's in England the Occasions of it the Consequences attending it and the Means whereby it might be remedied which if not done I told you my fears what it would in time produce and which you have since seen actually come to pass And truly though in a manner a stranger to my Native Country yet cannot but have an Affection for it and be much concerned at the difficulty it Labours under in a great measure from the Ill Conduct of its Policy in respect to your Coin and the little Skill your People have in respect to Gold or Silver and the Balance of Trade Whereon I willingly give you my further Thoughts as far as my time will allow me for your own Information And if you agree with me and can make use of them for the benefit of the Publick I shall be hearty glad and though I have been a sharer in the Spoil yet not a little affected with the Calamity The occasion of the Advance of Gold and Guinea's I observed to you was from the badness of your Silver Coin that is currant amongst you and from whence that Mischief had its rise that as I hear a Hundred Pounds in Silver weighs now generally but 14l to 18l instead of 32l which it ought to weigh and this you have suffered insensibly to steal upon you growing every day and from one Year to another Clipping it by degrees three or four times over till at last it 's come to this that it can hardly be clipt any longer and this Evil was carried on in City and Country by ill Men and encouraged by some Goldsmiths Refiners and others as in a like case your Stock-Jobbers did by deceiving the People with Tricks and Artifices in your several imaginary Stocks so called of Paper Linnen Copper Diving Dipping Salt-Petre c. which according to a common Notion amongst you every thing is as much worth as it will sell for and so those things were bought and sold some ten times some more some less as much as they were worth some were perfect Air and Fancy and many Families ruined by these Projects And so a clipt Shilling or Half Crown where is the hurt it will go This brought upon you the rise of Gold and Guinea's and occasioned our sending you such great Quantities But could your People be guilty of a greater weakness than to take them from us Hamburgh Spain Scotland Ireland and all other Neighbouring Parts of Europe at an advanced Price to cheat your selves by an imaginary Value that you set upon them whereby you brought your selves into Debt to us for it 's the same thing I think whether you buy Gold of us or any other Commodity it brings you into Debt to us and your other Neighbours which supposing you wise Men you must think to pay us again No Man can complain of Gold or Silver being brought into a Country if it be the Returns of your Commodities and that it comes to you at no more than it's worth it 's a sign of Riches and Increase and of an over-balance of Trade in favour of that Kingdom or Country But did you enquire how you came by our Gold that it was not we or your other Neighbours owed it you no you bought it at too dear a Rate making good the Old Proverb A Man may buy Gold too dear Not considering how you should pay for it which must be either in Silver Commodities or by sending our Gold back at 4l an Ounce which you took from us at 5l to 5l 6s for we shall not take it at more and so you will lose backward and forward and pray consider if you had not better been without it To pay us again Silver you have none for you have carried on that Cheat too far to make 50 or 60l pass for 100l We have had the Clippings off of it but how did we take them Not as you did our Gold did Silver advance with us as Gold has with you nor did your Commodities immediately advance in any proportion to the rise of Gold Commodities I think we have pretty well drained you of and I have heard that some of your Unthinking Ignorant People have thought it a great Advantage and talk big of the rise of your Wool Minerals Manufactures Skins c. I must confess it 's a good Effect of a bad Cause but it has no Foundation if you examine it nor have your People any reason to rejoyce at it without it be in making them dear to your selves and cheap to your Neighbours Matter of Fact will prove this You have no more Money from us for your Perpetuanoes Cloaths Lead c. than you use to have but less I appeal to your own Accounts are they not sold cheaper here and in Spain Italy Germany Flanders c. than they use to be We can buy more and Cloath our selves cheaper with your Cloath than you can do But above all and which is worst of all we can send them to the East-Indies Turkey Italy Spain and all the World over cheaper than you can whereby you must lose your Trade and Navigation and become a poor People if you think no better of it As for Example If our East-India Company want 1000 Cloaths to send to India or our Turkey Merchants to Turkey they buy and you buy at suppose 10l a Cloth ours cost us but about 75 to 80 Guilders yours 10l for so I must call it though I must confess it 's not above 6l of good Money the Question is Which of us can sell cheapest abroad and upon the Returns will be the best Gainers he that has laid out 75 Guilders or he that has laid out 10l And whether we cannot afford to sell our Returns cheaper either from India or Turkey and work up our Silk into Manufactures and send them out again to any Part of the World cheaper by almost 25 per Cent. than you can If this be true you must lose all your Trade The same Reason holds in your Silver sent to the East-Indies we can send an Ounce which stands us in 5s 2d for Silver is not more worth here and you must go with Pieces of Eight at 7s or Bars at 6s 4d Which goes cheapest to Market And which can sell cheapest at their return The same thing is true in your East-Country Trade for your Stores in your Trade with us and all the World besides Ask any of your People that have been lately here if they can buy any more for a Guinea now you call it 30s than you could when you called it 21s 6d The Dutch are wiser and it will it must be so with you in a little time Besides