Selected quad for the lemma: cause_n

Word A	Word B	Word C	Word D	Occurrence	Frequency Band	MI	MI Band	Prominent
cause_n	good_a	great_a	true_a	2,848	5	3.8360	3	true

Text snippets containing the quad

ID	Title	Author	Corrected Date of Publication (TCP Date of Publication)	STC	Words	Pages
A57605	Select observations of the incomparable Sir Walter Raleigh relating to trade, commerce, and coin, as it was presented to King James : wherein is proved that our money, our sea and land commodities serve to enrich and strengthen other countries against our own ...	Raleigh, Walter, Sir, 1552?-1618.	1696 (1696)	Wing R189; ESTC R9430	23,341	15

raised it to 8 and lastly to 10 Ounces yet at this day it is worth but 10 s. and one peny notwithstanding Your Majesty's late raising of Your Gold Having thus raised his Gold he then devised to have plenty of Silver brought into his Kingdom and by the same policy raised the Royal of 8 being but two Ounces to 3 s. and 3 d. half peny which caused great plenty of Silver to be brought in and continue in his Kingdom And it were to be wisht that we might follow the good Example of this advantagious Policy in this Juncture when by the same Method we have brought great plenty of Gold into the Kingdom and if we pursue it by advancing the value of our Silver may not only keep what we already have but also cause great plenty to be brought in and kept here when we have it France The English Jacobus goeth for 1 l. 3 s. in Merchandizing The English Crown for 7 s. and 6 d. Also the King hath rais'd his Silver four Sols in the Crown North Holland The Double Jacobus goeth for 1 l. 3 s. Sterling The English Shilling is there 11 Stivers which is two Shillings over in the Pound Poland The K. of Poland raised the Hungarian Ducket from 56 to 77 ½ Polonish Groshes and the Rix-dollar from 36 to 47 and ½ Groshes the Rix-dollar worth in Poland 47 and ½ groshes is by account in Poland 10 s. and 4 d. and in England is worth but 7 s. and 10 d. The Jacobus of England here Current at that time for 1 l. 2 s. in Poland 1 l. 4 s. at the rate of 7 s. 10 d. for the Hungarian Ducket Some additional Remarks and Observations Relating to Coin and Trade 1. That Nation can only be in a prosperous Estate that hath a proportionable quantity of Silver or Gold to ballance the Strength and Trade of its neighbouring Nations 2. That whilst the Current Cash of this Kingdom can be converted into Bullion and so made a trading Commodity as hath been practis'd this hundred Years 't will either be convey'd to the best Market or wrought in to Plate at home notwithstanding the utmost rigour and vigilancy to the great and daily Consumption of the Coin and Detriment of the Nation That it is evident notwithstanding those great Sums coin'd in the two last Reigns 't was no sooner made than converted into a trading Commodity some inconsiderable Sums excepted that hapt not into Hucksters hands and if from the like Causes the same scarcity of Mill'd Mony should happen at any time hereafter which God forbid tho morally 't is not impossible for the reason above alledged and as a part bears to the whole that without raising the value of our Coin the Nation may totally be drain'd of it and may possibly be then at too great a distance to be had for calling for and were there no more Silver now in the Nation than the standard Mony that has past the trading hands of Merchants and Goldsmiths the Nation were in a deplorable and irreparable Condition 3. That what Custom makes the Medium Measure or Reward of Labour Industry and Commerce is universally call'd Money and ought not to be convertible to a trading Commodity to the Publick Damage and diminution of the Species be it what it will For the stamp of Authority on a Brass Farthing for its currency for 12 d. would with Submission better accommodate and suit the conveniency of our Domestick Commerce than the Paucity of our glorious Silver Species as our present Circumstances demonstrate That 't is a Truth beyond Contradiction that the goodness and excellency of the Spanish Coin tho dispersed thro' all parts of the Trading World hath not been a means to enrich that Kingdom nor the little esteem'd value of the current Cash of the Hollanders a means to Impoverish them That raising the value of our Coin is the only certain means to keep it in the Nation to make us a rich and thriving State to recover our lost Trade and the best Bulwark and Defence against all the Attacks of our Enemies That diminishing the quantity or raising the value of our Standard Coin is equivalent but at this Juncture 't is humbly thought more advantagious tolessen the Weight by reason the Nation would be at less Expence to make it good as also being more commodious for Commerce and Tale when even parts of a Pound as before than when Fractional as must be if the value of the ancient Standard Weight be advanced That raising the value of our Coin will be a dishonour to the Nation seems an empty Notion if Profit be join'd with it That our Silver Coin ought to bear a higher Value at home than elsewhere as well to bring it home as we have already done the Gold and to keep it here as also encourage the bringing in of Bullion which is now much wanted That contrary to the Policy of Nations our standard Coin is of greater value in all places than at home Spain only excepted for which reason we bring Spanish Mony hither and for the same Reason our Mony is transported to other places to the great Impoverishment of the Nation That Gold and Silver is the commanding Species and if we Export more than we Import the Nation is so much a loser and tho as a Gentleman observes if we yearly send out Commodities to the value of 400000 Ounces of Silver more than the Commodities we bring home from abroad cost us there is 100000 l. every year clear gain which must come home in Mony or Bullion and be a real encrease of our Wealth and will stay here as he is pleased to think This over ballance of Trade so much talk'd Fallacy and may be a great loss to the Nation for Example if 400000 Ounces of Silver or Commodities be exported and the worth of 800000 Ounces of unprofitable Commodities imported viz. as French and Port Wines Silks and Linen wrought and many other things that are all expended and comsum'd here at home the Nation is so far from gaining 100000 l. that 't is 200000 l. the worse viz. 100000 l. sent out of the Nation and the 100000 l. which is the over ballance is gain'd from the Publick Treasure and Stock of the Kingdom into private hands which will again be sent abroad to the same loss Now the true cause why the Hollanders have acquir'd such great Riches by Trade is as the Excellent Sir Walter observes an over ballance of Trade truly stated that is they Import of Commodities 100 times the quantity of what themselves expend and the rest is again transported to divers Countries and brings them in Gold and Silver to their great and real Profit whereas we scarcely Export the hundredth part of what is Imported and if we should send all the Silver in the Nation abroad and have treble the value return'd in unnecessary Commodities which we spend and consume at home pray what would the Nation get by

necessary that your Native Commodities should receive their full Manufactory by your Subjects within your Dominions 3. Whether it be not sit that Coals should yield Your Majesties and Subjects a better Value by permitting them to pass out of the Land and that they be in your Subjects Shipping only Transported 4. Whether it be not sit Your Majesty presently raise your Coin to as high rates as it is in any parts beyond Seas 5. Whether it be not necessary that the great Sea business of Fishing be forthwith set forward If it please your Majesty to approve of these Con siderations and accordingly to put them in a right course of Execution I assure my self by Gods help in a short time your Majesties Customs and the Continual comings into your Coffers will be exceedingly encreased your Ships and Mariners trebled your Land and wast Towns which are now run out of Gates better replenished and your People employed to the great enriching and Honour of your Kingdom with the applause and to the Comfort of all your Loyal Subjects May it please your Majesty I have rather undergone the pains to look into their Policies because I have heard them prosess they hoped to get the whole Trade and Shipping of Christendom into their own hands as well as for trasportation as otherwise for the Command and Mastery of the Seas to which end I find that they do daily encrease their Traffick augmenting their Shipping multiplying their Mariners Strength and Wealth in all kinds whereat I have grieved the more when I consider how God hath endued this Kingdom above any three Kingdoms in Christendom with divers Varieties of home bred Commodities which others have not and cannot want and induced us with sundry other means to continue and maintain Trade and Merchandizing and Fishing beyond them all whereby we might prevent the Deceivers ingross the Commodities of the Ingrossers enrich our selves and increase our Navigation Shipping and Mariners so as it would make all other Nations Vail the Bonet to England if we would not be still wanting to our selves in imployment of our own People Which People being divided into three parts two of them are meer Spenders and Constiniers of a Common-Wealth therefore I aim at these Points following To allure and encourage the People for their private gain to be all workers and encreasers of a Common-Wealth to enrich and fill your Majesties Coffers by a continual coming in and make your People Wealthy by means of their great end profitable Trading and Imployment To vent our home-bred Commodities to far more reputation and much more profit to the King the Merchant and the Kingdom To return the Merchandizes of other Countries at far cheaper rates than now they are to the great good of the Realm in general To make the Land powerful by increasin of Ships and Mariners To make your Peoples takings in general to be much more every day than now they are which by Gods help will grow continually more and more by the great concourse and Commerce that will come by settled Constitutions and convenient privileges as in other Ports they do by this their great freedom of Trade All this and much more is done in other Countries where nothing groweth so that of nothing they make great things Then how much more mighty things might we make where so great abundance and variety of home-bred Commodities and rich Materials grow for your People to work upon and other plentiful means to do withal which other Nations neither have nor cannot want but of necessity must be furnished from hence And now whereas our Merchandizing is wild utterly Confused and out of frame as at large appeareth a State Merchant will roundly and effectually bring all the premises to pass fill your Havens with Ships those Ships with Mariners your Kingdom full of Merchants their Houses full of out-landish Commodities and your Coffers full of Coin as in other parts they do and your People shall have just cause to hold in happy memory that your Majesty was the beginner of so profitable praise worthy and renown'd a work being the true Philosophers Stone to make your Majesty a rich and potent King and your Subjects a happy People only by settling of a State Merchant whereby your People may have fullness of Trade and Manufactory and yet hold both Honourable and profitable Government without breaking Companies And for that in settling of so weighty a business many things of great Consequence must necessarily fall into Consideration I humbly Pray that Your Majesty may be pleased for the bringing of this great service to light to give me leave to Nominate the Commissioners and Your Majesty give them power to call before them such Men as they shall think fit to Confer with upon Oath or otherwise as occasion shall offer that the said Commissioners with all speed for the better advancement of this Honourable and profitable work may prepare and report the same to Your Majesty Your Majesties most Loyal and true Hearted Subject W. R. FINIS