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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
cause_n king_n people_n power_n 4,914 5 5.4287 4 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A30883 A discourse of trade by N.B. ... Barbon, Nicholas, d. 1698. 1690 (1690) Wing B707; ESTC R12426 26,245 107

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figure_n in_o the_o king_n exchequer_n where_o ship_n be_v the_o bulwark_n of_o the_o kingdom_n and_o where_o the_o flourish_n of_o trade_n be_v as_o much_o the_o interest_n of_o the_o king_n as_o of_o the_o people_n there_o can_v be_v no_o such_o cause_n of_o fear_n for_o what_o objection_n can_v any_o man_n make_v that_o his_o money_n in_o the_o bank_n may_v not_o be_v as_o well_o secure_v by_o a_o law_n as_o his_o property_n be_v or_o why_o he_o shall_v be_v more_o afraid_a of_o lose_v his_o money_n than_o his_o land_n or_o good_n interest_n be_v the_o rent_n of_o stock_n and_o be_v the_o same_o as_o the_o rent_n of_o land_n the_o first_o be_v the_o rent_n of_o the_o wrought_a or_o artificial_a stock_n the_o latter_a of_o the_o unwrought_a or_o natural_a stock_n interest_n be_v common_o reckon_v for_o money_n because_o the_o money_n borrow_v at_o interest_n be_v to_o be_v repay_v in_o money_n but_o this_o be_v a_o mistake_n for_o the_o interest_n be_v pay_v for_o stock_n for_o the_o money_n borrow_v be_v lay_v out_o to_o buy_v good_n or_o pay_v for_o they_o before_o buy_v no_o man_n take_v up_o money_n at_o interest_n to_o lay_v it_o by_o he_o and_o lose_v the_o interest_n of_o it_o one_o use_n of_o interest_n it_o be_v the_o rule_n by_o which_o the_o trader_n make_v up_o the_o account_n of_o profit_n and_o loss_n the_o merchant_n expect_v by_o deal_v to_o get_v more_o than_o interest_n by_o his_o good_n because_o of_o bad_a debt_n and_o other_o hazard_n which_o he_o run_v and_o therefore_o reckon_v all_o he_o get_v above_o inteterest_n be_v gain_n all_o under_o loss_n but_o if_o no_o more_o than_o interest_n neither_o profit_n nor_o loss_n another_o use_n of_o interest_n be_v it_o be_v the_o measure_n of_o the_o value_n of_o the_o rent_n of_o land_n it_o set_v the_o price_n in_o buy_v and_o sell_v of_o land_n for_o by_o add_v three_o year_n interest_n more_o than_o be_v in_o the_o principle_n make_v the_o usual_a value_n of_o the_o land_n of_o the_o country_n the_o difference_n of_o three_o year_n be_v allow_v because_o land_n be_v more_o certain_a than_o money_n or_o stock_n thus_o in_o holland_n where_o money_n be_v at_o three_o per._n cent._n by_o reckon_v how_o many_o time_n three_o be_v in_o a_o hundred_o pound_n which_o be_v thirty_o three_o and_o add_v three_o year_n more_o make_v thirty_o six_o year_n purchase_v the_o value_n of_o the_o land_n in_o holland_n and_o by_o the_o same_o rule_n interest_n be_v at_o six_o per_fw-la cent._n in_o england_n land_n be_v worth_a but_o twenty_o year_n purchase_v and_o in_o ireland_n but_o thirteen_o interest_n be_v there_o at_o ten_o per_fw-mi cent_z so_o that_o according_a to_o the_o rate_n of_o interest_n be_v that_o value_n of_o the_o land_n in_o the_o country_n therefore_o interest_n in_o all_o country_n be_v settle_v by_o a_o law_n to_o make_v it_o certain_a or_o else_o it_o can_v not_o be_v a_o rule_n for_o the_o merchant_n to_o make_v up_o his_o account_n nor_o the_o gentleman_n to_o sell_v his_o land_n by._n of_o the_o use_n and_o benefit_n of_o trade_n the_o use_n of_o trade_n be_v to_o make_v and_o provide_v thing_n necessary_a or_o useful_a for_o the_o support_n defence_n ease_n pleasure_n and_o pomp_n of_o life_n thus_o the_o brewer_n baker_n butcher_n poulterer_n and_o cook_n with_o the_o apothecary_n surgeon_n and_o their_o dependency_n provide_v food_n and_o medicine_n for_o the_o support_n of_o life_n the_o cutler_n gun-smith_n powder-maker_n with_o their_o company_n of_o trader_n make_v thing_n for_o defence_n the_o shoemaker_n saddler_n couch_n and_o chair-maker_n with_o abundance_n more_o for_o the_o ease_n of_o life_n the_o perfumer_n fiddler_n painter_n and_o bookseller_n and_o all_o those_o trade_n that_o make_v thing_n to_o gratify_v the_o sense_n or_o delight_v the_o mind_n promote_v pleasure_n but_o those_o trade_n that_o be_v employ_v to_o express_v the_o pomp_n of_o life_n be_v infinite_a for_o beside_o those_o that_o adorn_v man_n body_n as_o the_o glover_n hosier_n hatter_n semstriss_n tailor_n and_o many_o more_o with_o those_o that_o make_v the_o material_n to_o deck_v it_o as_o clothier_n silk-weaver_n lace-maker_n ribbon-weaver_n with_o their_o assistance_n of_o draper_n mercer_n and_o milliner_n and_o a_o thousand_o more_o those_o trade_n that_o make_v the_o equipage_n for_o servant_n trappings_o for_o horse_n and_o those_o that_o build_v furnish_v and_o adorn_v house_n be_v innumerable_a thus_o busy_a man_n be_v employ_v and_o it_o be_v for_o his_o own_o benefit_n for_o by_o trade_n the_o natural_a stock_n of_o the_o country_n be_v improve_v the_o wool_n and_o flax_n be_v make_v into_o cloth_n the_o skin_n into_o leather_n and_o the_o wood_n lead_v iron_n and_o tin_n wrought_v into_o thousand_o useful_a thing_n the_o overplus_a of_o these_o ware_n not_o useful_a be_v transport_v by_o the_o merchant_n and_o exchange_v for_o the_o wine_n oil_n spice_n and_o every_o thing_n that_o be_v good_a of_o foreign_a country_n the_o trader_n have_v one_o share_n for_o his_o pain_n and_o the_o landlord_n the_o other_o for_o his_o rent_n so_o that_o by_o trade_n the_o inhabitant_n in_o general_a be_v not_o only_o well_o feed_v clothe_v and_o lodge_v but_o the_o rich_a sort_n be_v furnish_v with_o all_o thing_n to_o promote_v the_o ease_n pleasure_n &_o pomp_n of_o life_n whereas_o in_o the_o same_o country_n where_o there_o be_v no_o trade_n the_o landlord_n will_v have_v but_o coarse_a diet_n coarse_a clothes_n and_o worse_a lodging_n and_o nothing_o for_o the_o rent_n of_o their_o land_n but_o the_o homage_n and_o attendance_n of_o their_o poor_a barefooted_a tenant_n for_o they_o have_v nothing_o else_o to_o give_v trade_n raise_v the_o rent_n of_o the_o land_n for_o by_o the_o use_n of_o several_a sort_n of_o improvement_n the_o land_n yield_v a_o great_a natural_a stock_n by_o which_o the_o land-lord_n share_n be_v the_o great_a and_o it_o be_v the_o same_o thing_n whether_o his_o share_n be_v pay_v in_o money_n or_o good_n for_o the_o money_n must_v be_v lay_v out_o to_o buy_v such_o good_a be_v money_n be_v a_o immaginary_a value_n make_v by_o a_o law_n for_o the_o conveniency_n of_o exchange_n it_o be_v the_o natural_a stock_n that_o be_v the_o real_a value_n and_o rent_n of_o the_o land_n another_o benefit_n of_o trade_n be_v that_o it_o do_v not_o only_o bring_v plenty_n but_o have_v occasion_v peace_n for_o the_o northern_a nation_n as_o they_o increase_v be_v force_v from_o the_o necessity_n of_o their_o climate_n to_o remove_v and_o use_v to_o destroy_v and_o conquer_v the_o inhabitant_n of_o the_o warm_a climate_n to_o make_v room_n for_o themselves_o thence_o be_v a_o proverb_n omne_fw-la malum_fw-la ab_fw-la aquilone_n but_o those_o northern_a people_n be_v settle_v in_o trade_n the_o land_n by_o their_o industry_n be_v make_v more_o fertile_a and_o by_o the_o exchange_n of_o the_o nations-stock_n for_o wine_n and_o spice_n of_o hot_a climate_n those_o country_n become_v most_o habitable_a and_o the_o inhabitant_n have_v warm_a food_n clothes_n and_o lodging_n be_v better_a able_a to_o endure_v the_o extreamitys_n of_o their_o cold_a season_n this_o seem_v to_o be_v the_o reason_n that_o for_o these_o seven_o or_o eight_o hundred_o year_n last_o pass_v there_o have_v be_v no_o such_o invasion_n from_o the_o northern_a part_n of_o the_o world_n as_o use_v to_o destroy_v the_o inhabitant_n of_o the_o warm_a country_n beside_o trade_n allow_v a_o better_a price_n for_o labourer_n than_o be_v pay_v for_o fight_v so_o it_o be_v become_v more_o the_o interest_n of_o mankind_n to_o live_v at_o home_n in_o peace_n than_o to_o seek_v their_o fortune_n abroad_o by_o war_n these_o be_v the_o benefit_n of_o trade_n as_o they_o relate_v to_o mankind_n those_o that_o relate_v to_o government_n be_v many_o trade_n increase_v the_o revenue_n of_o the_o government_n by_o provide_v a_o employ_v for_o the_o people_n for_o every_o man_n that_o work_v pay_v by_o those_o thing_n which_o he_o eat_v and_o wear_v something_o to_o the_o government_n thus_o the_o excise_n and_o custom_n be_v be_v raise_v and_o the_o more_o every_o man_n yearn_v the_o more_o he_o consume_v and_o the_o king_n revenue_n be_v the_o more_o increase_v this_o show_v the_o way_n of_o determine_v those_o controversy_n about_o which_o sort_n of_o good_n be_v most_o beneficial_a to_o the_o government_n by_o their_o make_v or_o import_v the_o sole_a difference_n be_v from_o the_o number_n of_o hand_n employ_v in_o make_v they_o hence_o the_o importation_n of_o raw_a silk_n be_v more_o profitable_a to_o the_o government_n than_o gold_n or_o silver_n because_o there_o be_v more_o hand_n employ_v in_o the_o throw_v and_o weave_v of_o the_o first_o than_o there_o can_v be_v in_o work_v the_o latter_a another_o benefit_n of_o trade_n be_v
magnificent_a structure_n do_v best_a represent_v the_o majesty_n of_o the_o person_n that_o live_v in_o it_o and_o be_v the_o most_o last_a and_o true_a history_n of_o the_o greatness_n of_o his_o person_n building_n be_v the_o chief_a promoter_n of_o trade_n it_o employ_v a_o great_a number_n of_o trade_n and_o people_n than_o feed_v or_o clothing_n the_o artificer_n that_o belong_v to_o building_n such_o as_o bricklayer_n carpenter_n plasterer_n etc._n etc._n employ_v many_o hand_n those_o that_o make_v the_o material_n for_o building_n such_o as_o brick_n lyme_n tyle_n etc._n etc._n employ_v more_o and_o with_o those_o that_o furnish_v the_o house_n such_o as_o vpholsterer_n pewterer_n &_o e._n they_o be_v almost_o innumerable_a in_o holland_n where_o trade_n have_v make_v the_o inhabitant_n very_o rich_a it_o be_v the_o care_n of_o the_o government_n to_o encourage_v the_o builder_n and_o at_o the_o charge_n of_o the_o state_n the_o graft_n and_o street_n be_v make_v and_o at_o amsterdam_n they_o have_v three_o time_n at_o great_a expense_n throw_v down_o the_o wall_n of_o their_o city_n and_o drein_v the_o bog_n to_o make_v room_n for_o the_o builder_n for_o house_n be_v the_o place_n where_o the_o artificer_n make_v their_o good_n and_o merchant_n sell_v they_o and_o without_o new_a house_n the_o trade_n and_o inhabitant_n can_v not_o increase_v beside_o there_o be_v another_o great_a advantage_n to_o trade_n by_o enlarge_n of_o city_n the_o two_o beneficial_a expense_n of_o clothing_n and_o lodging_n be_v increase_v man_n be_v natural_o ambitious_a the_o live_v together_o occasion_n emulation_n which_o be_v see_v by_o out-vying_a one_o another_o in_o apparel_n equipage_n and_o furniture_n of_o the_o house_n whereas_o if_o a_o man_n live_v solitary_n alone_o his_o chief_a expense_n will_v be_v food_n it_o be_v from_o this_o very_a custom_n if_o the_o gentry_n of_o france_n live_v in_o city_n with_o the_o invention_n of_o fashion_n that_o france_n though_o a_o country_n no_o way_n fit_v for_o trade_n have_v so_o great_a a_o share_n of_o it_o it_o be_v from_o fashion_n in_o clothes_n and_o live_v in_o city_n that_o the_o king_n of_o france_n revenue_n be_v so_o great_a by_o which_o he_o be_v become_v troublesome_a to_o his_o neighbour_n and_o will_v always_o be_v so_o while_o he_o can_v preserve_v peace_n within_o his_o own_o country_n by_o which_o those_o fountain_n of_o riches_n may_v run_v interrupt_v into_o his_o exchequer_n of_o the_o chief_a cause_n of_o the_o decay_n of_o trade_n in_o england_n and_o fall_v of_o the_o rent_n of_o land_n the_o two_o chief_a cause_n of_o the_o decay_n of_o trade_n be_v the_o many_o prohibition_n and_o high_a interest_n the_o prohibition_n of_o trade_n be_v the_o cause_n of_o its_o decay_n for_o all_o foreign_a ware_n be_v bring_v in_o by_o the_o exchange_n of_o the_o native_a so_o that_o the_o prohibit_v of_o any_o foreign_a commodity_n do_v hinder_v the_o make_v and_o exportation_n of_o so_o much_o of_o the_o native_a as_o use_v to_o be_v make_v and_o exchange_v for_o it_o the_o artificer_n and_o merchant_n that_o deal_v in_o such_o good_n lose_v their_o trade_n and_o the_o profit_n that_o be_v gain_v by_o such_o trade_n and_o lay_v out_o among_o other_o trader_n be_v lose_v the_o native_a stock_n for_o want_n of_o such_o exportation_n fall_v in_o value_n and_o the_o rent_n of_o the_o land_n must_v fall_v with_o the_o value_n of_o the_o stock_n the_o common_a argument_n for_o the_o prohibit_v foreign_a commodity_n be_v that_o the_o bring_v in_o and_o consume_v such_o foreign_a ware_n hinder_v the_o making_n and_o consume_v the_o like_a sort_n of_o good_n of_o our_o own_o native_a make_n and_o growth_n therefore_o flanders-lace_n french_a hat_n glove_n silk_n westphalia-bacon_n etc._n etc._n be_v prohibit_v because_o it_o be_v suppose_v they_o hinder_v the_o consumption_n of_o english-lace_n glove_n hat_n silk_n bacon_n etc._n etc._n but_o this_o be_v a_o mistake_a reason_n and_o arise_v by_o not_o consider_v what_o it_o be_v that_o occasion_n trade_n it_o be_v not_o necessity_n that_o cause_v the_o consumption_n nature_n may_v be_v satisfy_v with_o little_a but_o it_o be_v the_o want_n of_o the_o mind_n fashion_v and_o desire_v of_o novelty_n and_o thing_n scarce_o that_o cause_v trade_n a_o person_n may_v have_v english-lace_n glove_n or_o silk_n as_o much_o as_o he_o want_v and_o will_v buy_v no_o more_o such_o and_o yet_o lay_v out_o his_o money_n on_o a_o point_n of_o venice_n jessimine-glove_n or_o french-silk_n he_o may_v desire_v to_o eat_v westphalia_n bacon_n when_o he_o will_v not_o english_a so_o that_o the_o prohibition_n of_o foreign_a ware_n do_v not_o necessary_o cause_v a_o great_a consumption_n of_o the_o like_a sort_n of_o english_a beside_o there_o be_v the_o same_o want_n of_o the_o mind_n in_o foreigner_n as_o in_o the_o english_a they_o desire_v novelty_n they_o value_v english-cloth_n hat_n and_o glove_n and_o foreign_a good_n more_o than_o their_o native_a make_n so_o that_o though_o the_o wear_v or_o consume_v of_o foreign_a thing_n may_v lessen_v the_o consume_v of_o the_o same_o sort_n in_o england_n yet_o there_o may_v not_o be_v a_o lesser_a quantity_n make_v and_o if_o the_o same_o quantity_n be_v make_v it_o be_v a_o great_a advantage_n to_o the_o nation_n if_o they_o be_v consume_v in_o foreign_a country_n than_o at_o home_o because_o the_o charge_n and_o employ_v of_o the_o freight_n be_v gain_v by_o it_o which_o in_o bulky_a good_n may_v be_v a_o four_o part_n of_o the_o whole_a value_n the_o particular_a trade_n that_o expect_v a_o advantage_n by_o such_o prohibition_n be_v often_o mistake_v for_o if_o the_o use_v of_o most_o commodity_n depend_v upon_o fashion_n which_o often_o alter_v the_o use_v of_o those_o good_n cease_v as_o to_o instance_n suppose_v a_o law_n to_o prohibit_v cane-chair_n it_o will_v not_o necessary_o follow_v that_o those_o that_o make_v turkey-work_a chair_n will_v have_v a_o 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native_a yet_o if_o it_o shall_v obstruct_v the_o transport_v of_o other_o good_n which_o be_v exchange_v for_o they_o that_o pay_v more_o custom_n freight_n or_o lmploy_v more_o hand_n in_o make_v the_o nation_n will_v be_v a_o loser_n by_o the_o prohibition_n as_o to_o instance_n if_o tobacco_n or_o woollen-cloth_n be_v use_v to_o exchange_n for_o westphaly-bacon_n the_o nation_n lose_v by_o the_o prohibition_n though_o it_o shall_v increase_v the_o consumption_n of_o english-bacon_n because_o the_o first_o pay_v more_o freight_n and_o custom_n and_o the_o latter_a employ_v more_o hand_n by_o this_o ruse_n it_o appear_v that_o the_o prohibit_v of_o all_o unwrought_a good_n such_o as_o raw_a silk_n cotton_n flax_n etc._n etc._n and_o all_o bulky_a good_n such_o as_o wine_n oil_n fruit_n etc._n etc._n will_v be_v a_o loss_n to_o the_o nation_n because_o nothing_o can_v be_v send_v in_o exchange_n that_o employ_v few_o hand_n than_o the_o first_o or_o pay_v great_a freight_n than_o the_o latter_a it_o do_v not_o alter_v the_o case_n if_o the_o balance_n of_o the_o account_n or_o all_o the_o foreign_a good_n be_v buy_v by_o silver_n or_o gold_n for_o silver_n and_o gold_n be_v foreign_a commodity_n pay_v but_o little_a freight_n and_o employ_v but_o few_o hand_n in_o the_o work_v and_o be_v at_o first_o bring_v into_o england_n by_o the_o exchange_n of_o some_o native_a good_n and_o have_v pay_v for_o their_o come_n hither_o must_v pay_v for_o the_o carriage_n out_o it_o be_v true_a that_o if_o our_o serge_n stuff_n or_o cloth_n be_v exchange_v for_o unmanufactured_a good_n it_o will_v be_v a_o great_a advantage_n to_o the_o nation_n because_o of_o the_o difference_n in_o number_n of_o hand_n in_o the_o make_n of_o the_o first_o and_o the_o late_a but_o all_o trade_n country_n study_v their_o advantage_n by_o trade_n and_o know_v the_o difference_n of_o the_o
profit_n by_o the_o exchange_n of_o wrought_a good_n for_o unwrought_a and_o therefore_o for_o any_o nation_n to_o make_v a_o law_n to_o prohibit_v all_o foreign_a good_n but_o such_o only_a as_o be_v most_o advantageous_a be_v to_o put_v other_o nation_n upon_o make_v the_o same_o law_n and_o the_o consequence_n will_v be_v to_o ruin_n all_o foreign_a trade_n for_o the_o foundation_n of_o all_o foreign_a trade_n be_v from_o the_o exchange_n of_o the_o native_a commodity_n of_o each_o country_n for_o one_o another_o to_o conclude_v if_o the_o bring_n in_o of_o foreign_a good_n shall_v hinder_v the_o make_n and_o consume_v of_o the_o native_a which_o will_v very_o seldom_o happen_v this_o disadvantage_n be_v not_o to_o be_v remedy_v by_o a_o prohibition_n of_o those_o good_n but_o by_o lay_v so_o great_a duty_n upon_o they_o that_o they_o may_v be_v always_o dear_a than_o those_o of_o our_o country_n make_v the_o dearness_n will_v hinder_v the_o common_a consumption_n of_o they_o and_o preserve_v they_o for_o the_o use_v of_o the_o gentry_n who_o may_v esteem_v they_o because_o they_o be_v dear_a and_o perhaps_o may_v not_o consume_v more_o of_o the_o english_a growth_n be_v the_o other_o not_o import_v by_o such_o duty_n the_o revenue_n of_o the_o crown_n will_v be_v increase_v and_o no_o exception_n can_v be_v take_v by_o any_o foreign_a prince_n or_o government_n since_o it_o be_v in_o the_o liberty_n of_o every_o government_n to_o lay_v what_o duty_n or_o imposition_n they_o please_v trade_n will_v continue_v open_a and_o free_a and_o the_o trader_n enjoy_v the_o profit_n of_o their_o trade_n the_o dead_a stock_n of_o the_o nation_n that_o be_v more_o than_o can_v be_v use_v will_v be_v carry_v off_o which_o will_v keep_v up_o the_o price_n of_o the_o native_a stock_n and_o the_o rent_n of_o the_o land_n the_o next_o cause_n of_o the_o decay_n of_o trade_n in_o england_n and_o the_o fall_v of_o rent_n be_v that_o interest_n be_v high_a in_o england_n than_o in_o holland_n and_o other_o place_n of_o great_a trade_n it_o be_v at_o six_o per_fw-la cent._n in_o england_n and_o at_o three_o in_o holland_n for_o all_o merchant_n that_o trade_n in_o the_o same_o sort_n of_o good_n to_o the_o same_o port_n shall_v trade_n by_o the_o same_o interest_n interest_n be_v the_o rule_n of_o buy_v and_o sell_v and_o be_v high_o in_o england_n than_o in_o holland_n the_o english_a merchant_n trade_n with_o a_o disadvantage_n because_o he_o can_v sell_v the_o same_o sort_n of_o good_n in_o the_o same_o port_n for_o the_o same_o value_n as_o the_o dutch_a merchant_n the_o dutch_a merchant_n can_v sell_v 100_o l._n worth_n of_o good_n for_o 103_o l._n and_o the_o english_a merchant_n must_v sell_v the_o same_o sort_n for_o 106_o l._n to_o make_v the_o same_o account_n of_o principal_a and_o interest_n when_o sir_n thomas_n gresham_n have_v almost_o the_o sole_a trade_n of_o spain_n and_o the_o turky-company_n the_o sole_a sell_v of_o cloth_n into_o turkey_n and_o several_a other_o place_n the_o difference_n of_o interest_n be_v then_o no_o prejudice_n to_o trade_n though_o interest_n be_v then_o in_o england_n at_o eight_o per_fw-la cent._n because_o whoe're_o have_v the_o sole_a trade_n to_o a_o place_n may_v set_v what_o price_n he_o please_v upon_o his_o good_n but_o now_o trade_n be_v disperse_v the_o same_o sort_n of_o manufacture_n be_v make_v in_o several_a country_n the_o dutch_a and_o english_a merchant_n trade_n in_o the_o same_o sort_n of_o good_n to_o the_o same_o foreign_a part_n and_o therefore_o they_o ought_v to_o deal_v by_o the_o same_o interest_n which_o be_v the_o measure_n of_o trade_n beside_o and_o the_o english_a merchant_n have_v the_o same_o disadvantage_n in_o the_o return_n of_o the_o good_n he_o buy_v for_o the_o dutch_a merchant_n make_v his_o return_n in_o the_o same_o sort_n of_o good_n can_v under-sell_a he_o by_o this_o difference_n of_o interest_n holland_n be_v become_v to_o be_v the_o great_a magazine_n and_o store-house_n of_o this_o part_n of_o europe_n for_o all_o sort_n of_o good_n for_o they_o may_v be_v lay_v up_o cheaper_o in_o holland_n than_o in_o england_n it_o be_v impossible_a for_o the_o merchant_n when_o he_o have_v buy_v his_o good_n to_o know_v what_o he_o shall_v sell_v they_o for_o the_o value_n of_o they_o depend_v upon_o the_o difference_n betwixt_o the_o occasion_n and_o the_o quantity_n though_o that_o be_v the_o chief_a of_o the_o merchant_n care_n to_o observe_v yet_o it_o depend_v upon_o so_o many_o circumstance_n that_o it_o be_v impossible_a to_o know_v it_o therefore_o if_o the_o plenty_n of_o the_o good_n have_v bring_v down_o the_o price_n the_o merchant_n lay_v they_o up_o till_o the_o quantity_n be_v consume_v and_o the_o price_n rise_v but_o the_o english_a merchant_n can_v lay_v up_o he_o but_o with_o disadvantage_n for_o by_o that_o time_n the_o price_n be_v rise_v so_o as_o to_o pay_v charge_n and_o interest_n at_o six_o per_fw-la cent._n the_o same_o good_n be_v send_v for_o from_o holland_n and_o bring_v down_o the_o price_n for_o they_o be_v lay_v up_o there_o at_o three_o per_fw-mi cent_z and_o can_v therefore_o be_v sell_v cheaper_o for_o want_v of_o consider_v this_o in_o england_n many_o a_o english_a merchant_n have_v be_v undo_v for_o though_o by_o observe_v the_o bill_n of_o lade_n he_o be_v able_a to_o make_v some_o guest_n of_o the_o stock_n that_o be_v import_v here_o and_o therefore_o have_v keep_v his_o good_n by_o he_o for_o a_o rise_v but_o not_o know_v what_o stock_n there_o be_v in_o holland_n have_v not_o be_v able_a to_o sell_v his_o good_n to_o profit_n the_o same_o good_n be_v bring_v from_o thence_o before_o the_o price_n rise_v high_a enough_o to_o pay_v ware-house-room_n and_o interest_n so_o that_o now_o the_o great_a part_n of_o the_o english_a trade_n be_v drive_v by_o a_o quick_a return_n every_o day_n buy_v and_o sell_v according_a to_o a_o bill_n of_o rate_n every_o day_n print_v by_o this_o mean_n the_o english_a trade_n be_v narrow_v and_o confine_v and_o the_o king_n lose_v the_o revenue_n of_o importation_n which_o he_o will_v have_v if_o england_n be_v the_o magazine_n of_o europe_n and_o the_o nation_n lose_v the_o profit_n which_o will_v arise_v from_o the_o hand_n employ_v in_o freight_n and_o ship_n interest_n be_v so_o high_a in_o england_n be_v the_o cause_n of_o the_o fall_n of_o rent_n for_o trade_n be_v confine_v to_o a_o quick_a return_n and_o the_o merchant_n be_v not_o able_a to_o lay_v up_o foreign_a good_n at_o the_o same_o interest_n as_o in_o holland_n he_o export_v less_o of_o the_o native_a and_o the_o plenty_n of_o the_o native_a stock_n bring_v down_o the_o rent_n of_o land_n for_o the_o rest_n of_o the_o land_n that_o produce_v the_o stock_n must_v fall_v as_o the_o price_n of_o the_o stock_n do_v whereas_o if_o interest_n be_v at_o the_o same_o rate_n as_o in_o holland_n at_o three_o per_fw-la cent._n it_o will_v make_v the_o rent_n more_o certain_a and_o raise_v the_o value_n of_o the_o land_n this_o difference_n of_o three_o per_fw-la cent._n be_v so_o considerable_a that_o many_o dutch_a merchant_n live_v in_o holland_n have_v sell_v their_o good_n in_o england_n give_v order_n to_o put_v out_o their_o stock_n to_o interest_n in_o england_n think_v that_o a_o better_a advantage_n than_o they_o can_v make_v by_o trade_n it_o will_v raise_v the_o rent_n of_o some_o estate_n and_o preserve_v the_o rent_n of_o other_o for_o the_o farmer_n must_v make_v up_o his_o account_n as_o the_o merchant_n do_v the_o interest_n of_o the_o stock_n must_v be_v reckon_v as_o well_o as_o the_o rent_n of_o land_n now_o if_o the_o farmer_n have_v 300_o l._n stock_n upon_o his_o farm_n that_o be_v so_o easy_o rent_v that_o he_o live_v well_o upon_o it_o he_o may_v add_v 9_o l._n per_fw-la annum_fw-la more_fw-it to_o the_o rent_n when_o the_o interest_n be_v at_o three_o per_fw-la cent._n and_o make_v the_o same_o account_n of_o profit_n from_o the_o farm_n as_o he_o do_v now_o interest_n be_v at_o six_o per_fw-la cent._n and_o those_o farmer_n that_o be_v hard_a rent_n have_v the_o same_o stock_n will_v have_v 9_o l._n per_fw-la annum_fw-la advance_v in_o the_o account_n towards_o the_o ease_v the_o rent_n for_o although_o the_o farmer_n get_v nothing_o more_o at_o the_o year_n end_n yet_o in_o make_v up_o of_o account_n there_o must_v 9_o l._n add_v to_o the_o value_n of_o land_n and_o take_v from_o the_o account_n of_o the_o stock_n if_o interest_n be_v at_o three_o per_fw-la cent._n there_o will_v always_o be_v a_o magazine_n of_o corn_n and_o wool_n in_o england_n which_o will_v be_v a_o great_a advantage_n to_o the_o farmer_n and_o make_v his_o rent_n more_o certain_a for_o there_o be_v year_n
worth_a eight_o farthing_n as_o that_o it_o be_v worth_a two_o penny_n gold_n and_o silver_n as_o well_o as_o brass_n copper_n and_o tin_n money_n change_v their_o value_n in_o those_o country_n where_o the_o law_n have_v no_o force_n and_o yield_v no_o more_o than_o the_o price_n of_o the_o metal_n that_o bear_v the_o stamp_n therefore_o all_o foreign_a coin_n go_v by_o weight_n and_o be_v of_o no_o certain_a value_n but_o rise_v and_o fall_v with_o the_o price_n of_o the_o metal_n piece_n of_o eight_o yield_v sometime_o 4_o sh_n 6_o d._n 4_o sh_n 7_o d._n and_o 4_o sh_z 8_o d._n as_o the_o value_n of_o silver_n be_v high_a or_o low_o and_o so_o do_v dollar_n and_o all_o foreign_a coin_n change_v their_o value_n and_o be_v it_o not_o for_o the_o law_n that_o fix_v the_o value_n a_o english_a crown_n piece_n will_v now_o yield_v five_o shilling_n and_o two_o penny_n for_o so_o much_o be_v the_o value_n of_o it_o if_o it_o be_v melt_v or_o in_o a_o foreign_a country_n but_o the_o chief_a advantage_n of_o make_v money_n of_o silver_n and_o gold_n be_v to_o prevent_v counterfeit_v for_o silver_n and_o gold_n be_v metal_n of_o great_a value_n those_o who_o design_n profit_n by_o counterfeit_v the_o coin_n must_v counterfeit_v the_o metal_n as_o well_o as_o the_o stamp_n which_o be_v more_o difficult_a than_o the_o stamp_n there_o be_v another_o benefit_n to_o the_o merchant_n by_o such_o money_n for_o gold_n and_o silver_n be_v commodity_n for_o other_o use_v than_o to_o make_v money_n to_o make_v plate_n gold_n &_o silver_n lace_n silk_n etc._n etc._n and_o coin_n of_o little_a bulk_n in_o respect_n of_o their_o value_n the_o merchant_n transmits_n such_o money_n from_o place_n to_o place_n in_o specie_fw-la according_a as_o he_o find_v his_o advantage_n by_o the_o rise_n of_o bulloin_n though_o this_o may_v be_v a_o conveniency_n to_o the_o merchant_n it_o often_o prove_v a_o prejudice_n to_o the_o state_n by_o make_v money_n scarce_o therefore_o there_o be_v law_n in_o most_o country_n that_o prohibit_v the_o transportation_n of_o money_n yet_o it_o can_v be_v prevent_v for_o in_o spain_n though_o it_o be_v capital_a yet_o in_o two_o month_n after_o the_o galleon_n be_v come_v home_o there_o be_v scarce_o any_o silver_n money_n to_o be_v see_v in_o the_o country_n some_o man_n have_v so_o great_a a_o esteem_n for_o gold_n and_o silver_n that_o they_o believe_v they_o have_v a_o intrinsic_a value_n in_o themselves_o and_o cast_v up_o the_o value_n of_o every_o thing_n by_o they_o the_o reason_n of_o the_o mistake_n be_v because_o money_n be_v make_v of_o gold_n and_o silver_n they_o do_v not_o distinguish_v betwixt_o money_n and_o gold_n and_o silver_n money_n have_v a_o certain_a value_n because_o of_o the_o law_n but_o the_o value_n of_o gold_n and_o silver_n be_v uncertain_a &_o vary_v their_o price_n as_o much_o as_o copper_n lead_v or_o other_o metal_n and_o in_o the_o place_n where_o they_o be_v dug_n consider_v the_o smallness_n of_o their_o vein_n with_o the_o charge_n of_o get_v they_o they_o do_v not_o yield_v much_o more_o profit_n than_o other_o mineral_n nor_o pay_v the_o miner_n better_a wage_n for_o dig_v they_o and_o be_v it_o not_o for_o the_o waste_n make_v of_o gold_n and_o silver_n by_o plate_n lace_n silk_n and_o guild_v and_o the_o custom_n of_o the_o eastern_a prince_n to_o lay_v they_o up_o and_o bury_v they_o that_o half_n which_o be_v dug_n in_o the_o west_n be_v bury_v in_o the_o east_n the_o great_a quantity_n dig_v out_o of_o the_o earth_n since_o the_o discovery_n of_o the_o west-indies_n will_v have_v so_o much_o lessen_v the_o value_n that_o by_o this_o time_n they_o will_v not_o have_v much_o exceed_v the_o value_n of_o tin_n or_o copper_n therefore_o how_o great_o will_v those_o gentleman_n be_v disappoint_v that_o be_v search_v after_o the_o philosopher_n stone_n if_o they_o shall_v at_o last_o happen_v to_o find_v it_o for_o if_o they_o shall_v make_v but_o so_o great_a a_o quantity_n of_o gold_n and_o silver_n as_o they_o and_o their_o predecessor_n have_v spend_v in_o search_n after_o it_o it_o will_v so_o alter_v and_o bring_v down_o the_o price_n of_o those_o metal_n that_o it_o may_v be_v a_o question_n whether_o they_o will_v get_v so_o much_o overplus_a by_o it_o as_o will_v pay_v for_o the_o metal_n they_o change_v into_o gold_n and_o silver_n it_o be_v only_o the_o scarcity_n that_o keep_v up_o the_o value_n and_o not_o any_o intrinsic_a virtue_n or_o quality_n in_o the_o metal_n for_o if_o the_o virtue_n be_v to_o be_v consider_v the_o african_a that_o give_v gold_n for_o knife_n and_o thing_n make_v of_o iron_n will_v have_v the_o odds_o in_o the_o exchange_n iron_n be_v a_o much_o more_o useful_a metal_n than_o either_o gold_n or_o silver_n to_o conclude_v this_o objection_n nothing_o in_o itself_o have_v a_o certain_a value_n one_o thing_n be_v as_o much_o worth_n as_o another_o and_o it_o be_v time_n and_o place_n that_o give_v a_o difference_n to_o the_o value_n of_o all_o thing_n credit_n be_v a_o value_n raise_v by_o opinion_n it_o buy_v good_n as_o money_n do_v and_o in_o all_o trade_n city_n there_o be_v more_o ware_n sell_v upon_o credit_n then_o for_o present_a mony_n there_o be_v two_o sort_n of_o credit_n the_o one_o be_v ground_v upon_o the_o ability_n of_o the_o buyer_n the_o other_o upon_o the_o honesty_n the_o first_o be_v call_v a_o good_a man_n which_o imply_v a_o able_a man_n he_o general_o buy_v upon_o short_a time_n to_o pay_v in_o a_o month_n which_o be_v account_v as_o ready_a money_n and_o the_o price_n be_v make_v according_o the_o other_o be_v account_v a_o honest_a man_n he_o may_v be_v poor_a he_o general_o buy_v for_o three_o and_o six_o month_n or_o long_o so_o as_o to_o pay_v the_o merchant_n by_o the_o return_n of_o his_o own_o good_n and_o therefore_o the_o seller_n rely_v more_o upon_o the_o honesty_n of_o the_o buyer_n than_o his_o ability_n most_o of_o the_o retail_n trader_n buy_v upon_o this_o sort_n of_o credit_n and_o be_v usual_o trust_v for_o more_o than_o double_v they_o be_v worth_a in_o city_n of_o great_a trade_n there_o be_v public_a bank_n of_o credit_n as_o at_o amsterdam_n and_o venice_n they_o be_v of_o great_a advantage_n to_o trade_n for_o they_o make_v payment_n easy_a by_o prevent_v the_o continual_a trouble_n of_o tell_v over_o money_n and_o cause_v a_o great_a dispatch_n in_o business_n public_a bank_n be_v of_o so_o great_a a_o concern_v in_o trade_n that_o the_o merchant_n of_o london_n for_o want_v of_o such_o a_o bank_n have_v be_v force_v to_o carry_v their_o cash_n to_o goldsmith_n and_o have_v thereby_o raise_v such_o a_o credit_n upon_o goldsmith_n note_n that_o they_o pass_v in_o payment_n from_o one_o to_o another_o like_a note_n upon_o the_o bank_n and_o although_o by_o this_o way_n of_o credit_n there_o have_v be_v very_o vast_a sum_n of_o money_n lose_v not_o less_o than_o too_o million_o within_o five_o and_o twenty_o year_n yet_o the_o dispatch_n and_o ease_n in_o trade_n be_v so_o great_a by_o such_o note_n that_o the_o credit_n be_v still_o in_o some_o measure_n keep_v up_o therefore_o it_o be_v much_o to_o be_v wonder_v at_o that_o since_o the_o city_n of_o london_n be_v the_o largest_n rich_a and_o chief_a city_n in_o the_o world_n for_o trade_n since_o there_o be_v so_o much_o ease_n dispatch_v and_o safety_n in_o a_o public_a bank_n and_o since_o such_o vast_a loss_n have_v happen_v for_o want_v of_o it_o that_o the_o merchant_n and_o trader_n of_o london_n have_v not_o long_o before_o this_o time_n address_v themselves_o to_o the_o government_n for_o the_o establish_n of_o a_o public_a bank_n the_o common_a objection_n that_o a_o public_a bank_n can_v be_v safe_a in_o a_o monarchy_n be_v not_o worth_a the_o answer_v as_o if_o prince_n be_v not_o govern_v by_o the_o same_o rule_n of_o policy_n as_o state_n be_v to_o do_v all_o thing_n for_o the_o well-fair_a of_o the_o subject_n wherein_o their_o own_o interest_n be_v concern_v it_o be_v true_a in_o a_o government_n whole_o dispotical_a who_o support_n be_v altogether_o in_o its_o military_a force_n where_o trade_n have_v no_o concern_v in_o the_o affair_n of_o the_o state_n bring_v no_o revenue_n there_o may_v be_v a_o jealousy_n that_o such_o a_o bank_n may_v tempt_v a_o prince_n to_o seize_v it_o when_o by_o do_v it_o he_o do_v not_o prejudice_n the_o affair_n of_o his_o government_n but_o in_o england_n where_o the_o government_n be_v not_o dispotical_a but_o the_o people_n free_a and_o have_v as_o great_a a_o share_n in_o the_o sovereign_n legislative_a power_n as_o the_o subject_n of_o any_o state_n have_v or_o ever_o have_v where_o the_o custom_n make_v great_a