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country_n city_n great_a plenty_n 1,450 5 9.5854 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A51598 England's treasure by forraign trade, or, The ballance of our forraign trade is the rule of our treasure written by Thomas Mun ; and now published for the common good by his son John Mun. Mun, Thomas, 1571-1641.; Mun, John. 1664 (1664) Wing M3073; ESTC R25740 60,124 235

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which_o as_o it_o be_v to_o the_o profit_n of_o some_o private_a man_n in_o their_o revenue_n so_o be_v it_o direct_o against_o the_o benefit_n of_o the_o public_a in_o the_o quantity_n of_o the_o trade_n for_o as_o plenty_n of_o money_n make_v ware_n dear_a so_o dear_a ware_n decline_v their_o use_n and_o consumption_n as_o have_v be_v already_o plain_o show_v in_o the_o last_o chapter_n upon_o that_o particular_a of_o our_o cloth_n and_o although_o this_o be_v a_o very_a hard_a lesson_n for_o some_o great_a land_a man_n to_o learn_v yet_o i_o be_o sure_a it_o be_v a_o true_a lesson_n for_o all_o the_o land_n to_o observe_v lest_o when_o we_o have_v gain_v some_o store_n of_o money_n by_o trade_n we_o lose_v it_o again_o by_o not_o trade_v with_o our_o money_n i_o know_v a_o prince_n in_o italy_n of_o famous_a memory_n ferdinando_n the_o first_o great_a duke_n of_o tuscanie_n who_o be_v very_o rich_a in_o treasure_n endeavour_v therewith_o to_o enlarge_v his_o trade_n by_o issue_v 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do_v they_o likewise_o who_o let_v out_o their_o money_n at_o interest_n with_o the_o same_o hope_n and_o like_a advantage_n which_o many_o time_n notwithstanding_o fail_v they_o as_o well_o as_o the_o borrower_n often_o labour_v only_o for_o the_o lender_n profit_n to_o the_o nine_o and_o eighteen_o here_o my_o author_n have_v some_o secret_a meaning_n or_o be_v conscious_a of_o his_o own_o error_n do_v mark_v these_o two_o wonder_n with_o a_o ☞_o in_o the_o margin_n for_o why_o shall_v this_o great_a work_n of_o enrich_v or_o impoverish_v of_o kingdom_n be_v attribute_v to_o the_o exchange_n which_o be_v do_v only_o by_o those_o mean_n that_o do_v over_o or_o underballance_n our_o foreign_a trade_n as_o i_o have_v already_o so_o often_o show_v and_o as_o the_o very_a word_n of_o malynes_n himself_o in_o these_o two_o place_n may_v intimate_v to_o a_o judicious_a reader_n to_o the_o fifteen_o and_o sixteen_o i_o confess_v that_o the_o exchange_n may_v be_v use_v in_o turn_v base_a 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take_v because_o he_o either_o will_v or_o have_v already_o lay_v it_o out_o in_o merchandise_n but_o it_o be_v true_a that_o when_o the_o wealth_n of_o a_o kingdom_n consist_v much_o in_o ready_a money_n and_o that_o there_o be_v also_o good_a mean_n and_o conveniency_n in_o such_o a_o kingdom_n to_o trade_n with_o the_o same_o into_o foreign_a part_n either_o by_o sea_n or_o land_n or_o by_o both_o these_o way_n if_o then_o this_o trade_n be_v neglect_v the_o king_n shall_v be_v defeat_v of_o those_o profit_n and_o if_o the_o exchange_n be_v the_o cause_n thereof_o then_o must_v we_o learn_v in_o what_o manner_n this_o be_v do_v for_o we_o may_v exchange_v either_o among_o ourselves_o or_o with_o stranger_n if_o among_o ourselves_o the_o commonwealth_n can_v be_v enrich_v thereby_o for_o the_o gain_n of_o one_o subject_n be_v the_o loss_n of_o another_o and_o if_o we_o exchange_v with_o stranger_n than_o our_o profit_n be_v the_o gain_n of_o the_o commonwealth_n yet_o by_o none_o 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which_o give_v life_n unto_o the_o strength_n of_o their_o city_n the_o pomp_n of_o their_o building_n and_o other_o singular_a beauty_n but_o after_o the_o foundation_n and_o increase_n of_o that_o famous_a city_n of_o venice_n the_o say_a trade_n turn_v that_o way_n and_o since_o likewise_o the_o great_a part_n thereof_o do_v come_v into_o england_n spain_n and_o the_o low_a country_n by_o navigation_n direct_o from_o the_o east_n indies_n which_o alteration_n in_o the_o traffic_n have_v force_v they_o of_o genova_n to_o change_v their_o course_n of_o trade_n with_o ware_n into_o exchange_v of_o their_o money_n which_o for_o gain_v they_o spread_v not_o only_o into_o divers_a country_n where_o the_o trade_n be_v perform_v with_o merchandise_n but_o more_o especial_o they_o do_v therewith_o serve_v the_o want_n of_o the_o spaniard_n in_o flanders_n and_o other_o place_n for_o their_o war_n whereby_o the_o private_a merchant_n be_v much_o enrich_v but_o the_o public_a treasure_n by_o this_o course_n be_v not_o increase_v and_o the_o reason_n why_o the_o commonwealth_n of_o genova_n do_v suffer_v this_o inconvenience_n be_v these_o first_o and_o principal_o they_o be_v force_v to_o leave_v those_o trade_n which_o they_o can_v keep_v from_o other_o nation_n who_o have_v better_a mean_n by_o situation_n ware_n ship_n munition_n and_o the_o like_a to_o perform_v these_o affair_n with_o more_o advantage_n than_o they_o be_v able_a to_o do_v second_o they_o proceed_v like_o a_o wise_a state_n who_o still_o retain_v as_o much_o trade_n as_o they_o can_v although_o they_o be_v not_o able_a to_o procure_v the_o twenty_o part_n of_o that_o which_o they_o have_v for_o have_v few_o or_o no_o material_n of_o their_o own_o to_o employ_v their_o people_n yet_o they_o supply_v this_o want_n by_o the_o fleece-wools_a of_o spain_n and_o raw_a silk_n of_o sicilia_n work_v they_o into_o velvet_n damask_n satin_n woollen-drapery_n and_o other_o manufacture_n three_o whereas_o they_o find_v no_o mean_n in_o their_o own_o country_n to_o employ_v and_o trade_v their_o great_a wealth_n to_o profit_n they_o content_v themselves_o to_o do_v it_o in_o spain_n and_o other_o place_n either_o in_o merchandise_n or_o by_o exchange_v their_o money_n for_o gain_v to_o those_o merchant_n who_o trade_n therewith_o in_o ware_n and_o thus_o wheresoever_o they_o live_v abroad_o for_o a_o time_n circuit_v the_o world_n for_o gain_v yet_o in_o the_o end_n the_o centre_n of_o this_o profit_n be_v in_o their_o own_o native_a country_n last_o the_o government_n of_o genova_n be_v aristocracy_n they_o be_v assure_v that_o although_o the_o public_a get_v little_a yet_o if_o their_o private_a merchant_n gain_v much_o from_o stranger_n they_o shall_v do_v well_o enough_o because_o the_o rich_a and_o secure_a treasure_n of_o a_o free_a state_n be_v the_o riches_n of_o the_o
which_o we_o have_v often_o so_o well_o perform_v both_o by_o sea_n and_o land_n and_o particular_o in_o their_o defence_n although_o they_o be_v not_o now_o so_o thankful_a as_o to_o acknowledge_v ingratitude_n the_o same_o the_o sum_n of_o all_o be_v this_o that_o the_o general_a leprosy_n of_o our_o pipe_v pot_v feast_v fashion_n and_o misspend_v of_o our_o time_n in_o idleness_n and_o pleasure_n contrary_a to_o the_o law_n of_o god_n and_o the_o use_n of_o other_o nation_n have_v make_v we_o effeminate_a in_o our_o body_n weak_a in_o our_o knowledge_n poor_a in_o our_o treasure_n decline_v in_o our_o valour_n unfortunate_a in_o our_o enterprise_n and_o contemn_v by_o our_o enemy_n i_o write_v the_o more_o of_o these_o excess_n because_o they_o do_v so_o great_o waste_v our_o wealth_n which_o be_v the_o main_a subject_n of_o this_o whole_a book_n discourse_v and_o indeed_o our_o wealth_n may_v be_v a_o rare_a discourse_n for_o all_o christendom_n to_o admire_v and_o fear_v if_o we_o will_v but_o add_v art_n to_o nature_n our_o labour_n to_o our_o natural_a mean_n the_o neglect_n whereof_o have_v give_v a_o notable_a advantage_n to_o other_o nation_n &_o especial_o to_o the_o hollander_n whereof_o i_o will_v brief_o say_v something_o in_o the_o next_o place_n but_o first_o i_o will_v deliver_v my_o opinion_n concern_v our_o clothe_n which_o although_o it_o be_v the_o great_a wealth_n and_o best_a employment_n of_o the_o poor_a of_o this_o kingdom_n yet_o nevertheless_o we_o may_v peradventure_o employ_v ourselves_o with_o better_a safety_n plenty_n and_o profit_n in_o use_v more_o tillage_n and_o fish_n than_o to_o trust_v so_o whole_o to_o the_o make_n of_o cloth_n for_o in_o time_n of_o war_n or_o by_o other_o occasion_n if_o some_o foreign_a prince_n shall_v prohibit_v the_o use_n thereof_o in_o their_o dominion_n it_o may_v sudden_o cause_v much_o poverty_n and_o dangerous_a uproar_n especial_o by_o our_o poor_a people_n when_o they_o shall_v be_v deprive_v of_o their_o ordinary_a maintenance_n which_o can_v so_o easy_o fail_v they_o when_o their_o labour_n shall_v be_v divide_v into_o the_o say_a diversity_n of_o employment_n whereby_o also_o many_o thousand_o will_v be_v the_o better_o enable_v to_o do_v the_o kingdom_n good_a service_n in_o occasion_n of_o war_n especial_o by_o sea_n and_o so_o leave_v england_n we_o will_v pass_v over_o into_o the_o unite_a province_n of_o the_o netherlands_o as_o plenty_n and_o power_n do_v make_v a_o nation_n vicious_a and_o improvident_a so_o penury_n and_o want_n do_v make_v a_o people_n wise_a and_o industrious_a concern_v the_o last_o of_o these_o i_o may_v instance_n divers_a commonwealth_n of_o christendom_n who_o have_v little_a or_o nothing_o in_o their_o own_o territory_n do_v notwithstanding_o purchase_v great_a wealth_n and_o strength_n by_o their_o industrious_a commerce_n with_o stranger_n among_o industry_n which_o the_o unite_a province_n of_o the_o low_a country_n be_v now_o of_o great_a note_n and_o fame_n for_o since_o they_o have_v cast_v off_o the_o yoke_n of_o spanish_a slavery_n how_o wonderful_o be_v they_o improve_v in_o all_o humane_a policy_n what_o great_a mean_n have_v they_o obtain_v to_o defend_v their_o liberty_n against_o the_o power_n of_o so_o great_a a_o enemy_n and_o be_v not_o all_o this_o perform_v by_o their_o continual_a industry_n in_o the_o trade_n of_o merchandise_n be_v not_o their_o province_n the_o magazine_n and_o storehouse_n of_o ware_n for_o most_o place_n of_o christendom_n whereby_o their_o wealth_n ship_n mariner_n art_n people_n and_o thereby_o the_o public_a revenue_n and_o excize_n be_v grow_v to_o a_o wonderful_a height_n if_o we_o compare_v the_o time_n of_o their_o subjection_n to_o their_o present_a estate_n they_o seem_v not_o the_o spaniard_n same_o people_n for_o who_o know_v not_o that_o the_o condition_n of_o those_o province_n be_v mean_a and_o turbulent_a under_o the_o spaniard_n government_n which_o bring_v rather_o a_o great_a charge_n than_o a_o further_a strength_n to_o their_o ambition_n neither_o will_v it_o prove_v over_o difficult_a for_o the_o neighbour_n prince_n in_o short_a time_n to_o reduce_v those_o country_n to_o their_o former_a estate_n again_o if_o their_o own_o safety_n do_v require_v the_o same_o as_o certain_o it_o will_v if_o the_o spaniard_n be_v sole_a lord_n of_o those_o netherlands_o but_o our_o discourse_n tend_v not_o to_o show_v the_o mean_n of_o those_o mutation_n otherwise_o than_o to_o find_v out_o the_o chief_a foundation_n of_o the_o hollander_n wealth_n and_o greatness_n for_o it_o seem_v a_o wonder_n to_o the_o world_n that_o such_o a_o small_a country_n not_o full_o so_o big_a as_o two_o of_o our_o best_a shire_n have_v little_a natural_a wealth_n victual_n timber_n or_o other_o necessary_a amunition_n either_o for_o war_n or_o peace_n shall_v notwithstanding_o possess_v they_o all_o in_o such_o extraordinary_a plenty_n that_o beside_o their_o own_o want_n which_o be_v very_o great_a they_o can_v and_o do_v likewise_o serve_v and_o sell_v to_o other_o prince_n ship_n ordnance_n cordage_n corn_n powder_n shot_n and_o what_o not_o which_o by_o their_o industrious_a trade_n they_o gather_v from_o all_o the_o quarter_n of_o the_o world_n in_o which_o honesty_n course_n they_o be_v not_o less_o injurious_a to_o supplant_v other_o especial_o the_o english_a than_o they_o be_v careful_a to_o strengthen_v themselves_o and_o to_o effect_v this_o and_o more_o than_o have_v be_v say_v which_o be_v their_o war_n with_o spain_n they_o have_v little_a foundation_n beside_o the_o fish_n which_o be_v permit_v they_o in_o his_o majesty_n sea_n be_v indeed_o the_o mean_n of_o a_o incredible_a wealth_n and_o strength_n both_o by_o sea_n and_o land_n as_o robert_n hichcock_n tobias_n gentleman_n and_o other_o have_v publish_v at_o large_a in_o print_n to_o they_o that_o list_v to_o read_v and_o the_o state_n general_n themselves_o in_o their_o proclamation_n have_v ingenious_o set_v out_o the_o worth_n thereof_o in_o these_o word_n follow_v the_o 1624._o great_a fish_n and_o catch_v of_o herring_n be_v the_o chief_a trade_n and_o principal_a gold_n mine_n of_o the_o unite_a province_n whereby_o many_o thousand_o of_o household_n family_n handicraft_n trade_n and_o occupation_n be_v set_v on_o work_n well_o maintain_v and_o prosper_v especial_o the_o sail_v and_o navigation_n as_o well_o within_o as_o without_o these_o country_n be_v keep_v in_o great_a estimation_n moreover_o many_o return_n of_o money_n with_o the_o increase_n of_o the_o mean_n convoy_n custom_n and_o revenue_n of_o these_o country_n be_v augment_v thereby_o and_o prosper_v with_o other_o word_n follow_v as_o be_v at_o large_a express_v in_o the_o say_a proclamation_n set_v forth_o by_o the_o state_n general_n for_o the_o preservation_n of_o the_o say_a trade_n of_o fish_v without_o which_o it_o be_v apparent_a that_o they_o can_v long_o subsist_v in_o sovereignty_n for_o if_o this_o foundation_n perish_v the_o whole_a build_n of_o their_o wealth_n and_o strength_n both_o by_o sea_n and_o land_n must_v fall_v for_o the_o multitude_n of_o their_o ship_n will_v sudden_o decay_v their_o revenue_n and_o custom_n will_v become_v small_a their_o country_n will_v be_v depopulate_v for_o want_v of_o maintenance_n whereby_o the_o excise_n must_v fail_v and_o all_o their_o other_o trade_n to_o the_o east_n indies_n or_o elsewhere_o must_v faint_v so_o that_o the_o glory_n and_o power_n of_o these_o netherlander_n consist_v in_o this_o fish_n of_o herring_n ling_n and_o cod_n in_o his_o majesty_n sea_n it_o rest_v therefore_o to_o know_v what_o right_a or_o title_n they_o have_v thereunto_o and_o how_o they_o be_v able_a to_o possess_v and_o keep_v the_o same_o against_o all_o other_o nation_n the_o answer_n to_o these_o two_o question_n be_v not_o difficult_a for_o first_o it_o be_v not_o the_o netherlandish_a author_n of_o mare_fw-la liberum_fw-la that_o can_v entitle_v they_o to_o fish_n in_o his_o majesty_n sea_n for_o beside_o the_o justice_n of_o the_o cause_n and_o example_n of_o other_o country_n which_o may_v be_v allege_v i_o will_v only_o say_v that_o such_o title_n will_v be_v soon_o decide_v by_o sword_n than_o with_o word_n i_o do_v believe_v indeed_o that_o it_o be_v free_a for_o the_o fish_n to_o come_v thither_o at_o their_o pleasure_n but_o for_o the_o dutch_a to_o catch_v and_o carry_v they_o away_o from_o thence_o without_o his_o majesty_n licence_n i_o harbour_v no_o such_o thought_n there_o may_v be_v good_a policy_n to_o connive_v still_o and_o so_o long_o to_o permit_v they_o this_o fish_n as_o they_o be_v in_o perfect_a league_n with_o england_n and_o in_o war_n with_o spain_n but_o if_o the_o spaniard_n be_v master_n of_o the_o unite_a province_n as_o heretofore_o it_o will_v near_o concern_v these_o kingdom_n to_o claim_v their_o own_o right_n and_o careful_o to_o make_v as_o good_a use_n thereof_o for_o
and_o abide_v with_o we_o as_o be_v gain_v and_o incorporate_v into_o the_o estate_n of_o the_o kingdom_n by_o the_o overbalance_n of_o the_o trade_n this_o may_v be_v make_v plain_a by_o a_o example_n take_v from_o a_o englishman_n who_o have_v occasion_n to_o buy_v and_o consume_v the_o ware_n of_o divers_a stranger_n for_o the_o value_n of_o six_o hundred_o pound_n and_o have_v ware_n of_o his_o own_o for_o the_o value_n of_o one_o thousand_o pound_n he_o sell_v they_o to_o the_o say_a stranger_n and_o present_o force_v all_o the_o money_n from_o they_o into_o his_o own_o power_n yet_o upon_o clear_n of_o the_o reckon_n between_o they_o there_o remain_v only_o four_o hundred_o pound_n to_o the_o say_v englishman_n for_o overballance_n of_o the_o ware_n buy_v and_o sell_v so_o the_o rest_n which_o he_o have_v receive_v be_v return_v back_o from_o whence_o he_o force_v it_o and_o this_o shall_v suffice_v to_o show_v that_o whatsoever_o course_n we_o take_v to_o force_v money_n into_o the_o kingdom_n yet_o so_o much_o only_o will_v remain_v with_o we_o as_o we_o shall_v gain_v by_o the_o balance_n of_o our_o trade_n chap._n xii_o the_o undervalue_v of_o our_o money_n which_o be_v deliver_v or_o receceive_v by_o bill_n of_o exchange_n here_o or_o beyond_o the_o sea_n can_v decrease_v our_o treasure_n the_o merchant_n exchange_n by_o bill_n be_v a_o mean_n and_o practice_n whereby_o they_o that_o have_v money_n in_o one_o country_n may_v deliver_v the_o same_o to_o receive_v it_o again_o in_o another_o country_n at_o certain_a time_n and_o rate_n agree_v upon_o whereby_o the_o lender_n and_o the_o borrower_n be_v accommodate_v without_o transport_v of_o treasure_n from_o state_n to_o state_n these_o exchange_n thus_o make_v between_o man_n and_o man_n be_v not_o contract_v at_o the_o equal_a value_n of_o the_o money_n according_a to_o their_o respective_a weight_n and_o fineness_n first_o because_o he_o that_o deliver_v his_o money_n do_v respect_v the_o venture_n of_o the_o debt_n and_o the_o time_n of_o forbearance_n but_o that_o which_o cause_v a_o under_o or_o overvalue_v of_o money_n by_o exchange_n be_v the_o plenty_n or_o scarcity_n thereof_o in_o those_o place_n where_o the_o exchange_n be_v make_v for_o example_n when_o here_o be_v plenty_n of_o money_n to_o be_v deliver_v for_o amsterdam_n then_o shall_v our_o money_n be_v undervalue_v in_o exchange_n because_o they_o who_o take_v up_o the_o money_n see_v it_o so_o plentiful_o thrust_v upon_o they_o do_v thereby_o make_v advantage_n to_o themselves_o in_o take_v the_o same_o at_o a_o undervalue_n and_o contrariwise_o when_o here_o be_v scarcity_n of_o money_n to_o be_v deliver_v for_o amsterdam_n the_o deliverer_n will_v make_v the_o same_o advantage_n by_o overvalue_a our_o money_n which_o he_o deliver_v and_o thus_o we_o see_v that_o as_o plenty_n or_o scarcity_n of_o money_n in_o a_o dear_a commonwealth_n do_v make_v all_o thing_n dear_a or_o good_a cheap_a so_o in_o the_o course_n of_o exchange_n it_o have_v ever_o a_o contrary_a work_n wherefore_o in_o the_o next_o place_n it_o be_v fit_a to_o set_v down_o the_o true_a cause_n of_o this_o effect_n as_o plenty_n or_o scarcity_n of_o money_n do_v make_v the_o price_n of_o the_o exchange_n high_a or_o low_o so_o the_o over_o or_o under_o balance_n of_o our_o trade_n do_v effectual_o cause_v the_o plenty_n or_o scarcity_n of_o money_n and_o here_o we_o must_v understand_v that_o the_o balance_n of_o our_o trade_n be_v either_o general_n or_o particular_a the_o general_n be_v when_o all_o our_o yearly_a traffic_n be_v joint_o value_v as_o i_o have_v former_o show_v the_o particular_a be_v when_o our_o trade_n to_o italy_n france_n turkey_n spain_n and_o other_o country_n be_v several_o consider_v and_o by_o this_o latter_a course_n we_o shall_v perfect_o find_v out_o the_o place_n where_o our_o money_n be_v under_o or_o overvalue_v in_o exchange_n for_o although_o our_o general_a exportation_n of_o ware_n may_v be_v yearly_o more_o in_o value_n than_o that_o which_o be_v import_v whereby_o the_o difference_n be_v make_v good_a to_o we_o in_o so_o much_o treasure_n nevertheless_o the_o particlar_a trade_n do_v work_v diverse_o for_o peradventure_o the_o low_a country_n may_v bring_v we_o more_o in_o value_n than_o we_o sell_v they_o which_o if_o it_o be_v so_o then_o do_v the_o low_a low_o country_n merchant_n not_o only_o carry_v away_o our_o treasure_n to_o balance_v the_o account_n between_o we_o but_o also_o by_o this_o mean_v money_n be_v plentiful_a here_o to_o be_v deliver_v by_o exchange_n it_o be_v therefore_o undervalue_v by_o the_o taker_n as_o i_o have_v before_o declare_v and_o contrariwise_o if_o we_o carry_v more_o ware_n to_o spain_n and_o other_o place_n than_o we_o consume_v of_o they_o then_o do_v we_o bring_v away_o their_o treasure_n and_o likewise_o in_o the_o merchant_n exchange_n we_o overvalue_v our_o own_o money_n yet_o still_o there_o be_v some_o who_o will_v seem_v to_o make_v this_o plain_a by_o demonstration_n that_o the_o undervalue_v of_o our_o money_n by_o exchange_n do_v carry_v it_o out_o of_o the_o kingdom_n for_o say_v they_o we_o see_v daily_o great_a store_n of_o our_o english_a coin_n carry_v over_o which_o pass_v current_a in_o the_o low-countries_n and_o there_o be_v great_a advantage_n to_o carry_v they_o thither_o to_o save_v the_o loss_n which_o the_o low-countryman_n have_v in_o the_o exchange_n for_o if_o one_o hundred_o pound_n sterling_a deliver_v here_o be_v so_o much_o undervalue_v that_o ninty_a pound_n of_o the_o same_o sterling_a money_n carry_v over_o in_o specie_fw-la shall_v be_v sufficient_a to_o make_v repayment_n and_o full_a satisfaction_n of_o the_o say_v hundred_o pound_n at_o amsterdam_n be_v it_o not_o then_o say_v they_o the_o undervalue_v of_o our_o money_n which_o cause_v it_o to_o be_v carry_v out_o of_o the_o realm_n to_o this_o objection_n i_o will_v make_v a_o full_a and_o plain_a answer_n show_v that_o it_o be_v not_o the_o undervalue_a of_o our_o money_n in_o exchange_n but_o the_o overballance_a of_o our_o trade_n that_o carry_v away_o our_o treasure_n for_o suppose_v that_o our_o whole_a trade_n with_o the_o low-countries_n for_o ware_n bring_v into_o this_o realm_n be_v perform_v only_o by_o the_o dutch_a for_o the_o value_n of_o five_o hundred_o thousand_o pound_n yearly_a and_o that_o all_o our_o commodity_n transport_v into_o the_o say_a low-countries_n be_v perform_v only_o by_o the_o english_a for_o four_o hundred_o thousand_o pound_n yearly_a be_v it_o not_o then_o manifest_a that_o the_o dutch_a can_v exchange_v only_o four_o hundred_o thousand_o pound_n with_o the_o english_a upon_o the_o par_fw-fr pro_fw-la pari_fw-la or_o equal_a value_n of_o the_o respective_a standard_n so_o the_o other_o hundred_o thousand_o pound_n which_o be_v the_o overballance_n of_o the_o trade_n they_o must_v of_o necessity_n carry_v that_o away_o in_o money_n and_o the_o self_n same_o loss_n of_o treasure_n must_v happen_v if_o there_o be_v no_o exchange_n at_o all_o permit_v for_o the_o dutch_a carry_v away_o our_o money_n for_o their_o ware_n and_o we_o bring_v in_o their_o foreign_a coin_n for_o their_o commodity_n there_o will_v be_v still_o one_o hundred_o thousand_o pound_n loss_n now_o let_v we_o add_v another_o example_n ground_v upon_o the_o aforesaid_a proportion_n of_o trade_n between_o we_o and_o the_o low_a country_n the_o dutch_a as_o aforewritten_v may_v exchange_v with_o the_o english_a for_o four_o hundred_o thousand_o pound_n and_o no_o more_o upon_o the_o equal_a value_n of_o the_o money_n because_o the_o english_a have_v no_o further_o mean_n to_o satisfy_v but_o now_o suppose_v that_o in_o respect_n of_o the_o plenty_n of_o money_n which_o in_o this_o case_n will_v be_v here_o in_o the_o hand_n of_o the_o dutch_a to_o deliver_v by_o exchange_n gain_n our_o money_n according_a to_o that_o which_o have_v be_v already_o say_v be_v undervalue_v ten_o per_n cent_n then_o be_v it_o manifest_a that_o the_o dutch_a must_v deliver_v four_o hundred_o and_o forty_o thousand_o pound_n to_o have_v the_o englishmans_fw-mi four_o hundred_o thousand_o pound_n in_o the_o low_a country_n so_o that_o there_o will_v then_o remain_v but_o 60000._o pound_n for_o the_o dutch_a to_o carry_v out_o of_o the_o realm_n to_o balance_v the_o account_n between_o they_o and_o we_o whereby_o we_o may_v plain_o perceive_v that_o the_o undervalue_v of_o our_o money_n in_o exchange_n will_v not_o carry_v it_o out_o of_o the_o kingdom_n as_o some_o man_n have_v suppose_v but_o rather_o be_v a_o mean_n to_o make_v a_o less_o quantity_n thereof_o to_o be_v export_v than_o will_v be_v do_v at_o the_o par_fw-fr pro_fw-la pari_fw-la further_o let_v we_o suppose_v that_o the_o english_a merchant_n carry_v out_o as_o much_o ware_n in_o value_n as_o the_o dutch_a merchant_n bring_v in_o whereby_o the_o
employment_n by_o stranger_n stand_v in_o force_n or_o be_v repeal_v let_v the_o mere_a exchanger_n do_v his_o worst_a let_v prince_n oppress_v lawyer_n extort_v usurer_n bite_v prodigal_n waste_v and_o last_o let_v merchant_n carry_v out_o what_o money_n they_o shall_v have_v occasion_n to_o use_v in_o traffic_n yet_o all_o these_o action_n can_v work_v no_o other_o effect_n in_o the_o course_n of_o trade_n than_o be_v declare_v in_o this_o discourse_n for_o so_o much_o treasure_n only_o will_v be_v bring_v in_o or_o carry_v out_o of_o a_o commonwealth_n as_o the_o foreign_a trade_n do_v over_o or_o under_o balance_n in_o value_n and_o this_o must_v come_v to_o pass_v by_o a_o necessity_n beyond_o all_o resistance_n so_o that_o all_o other_o course_n which_o tend_v not_o to_o this_o end_n howsoever_o they_o may_v seem_v to_o force_v money_n into_o a_o kingdom_n for_o a_o time_n yet_o be_v they_o in_o the_o end_n not_o only_o fruitless_a but_o also_o hurtful_a they_o be_v like_a to_o violent_a flood_n which_o bear_v down_o their_o bank_n and_o sudden_o remain_v dry_a again_o for_o want_v of_o water_n behold_v then_o the_o true_a form_n and_o worth_n of_o foreign_a trade_n which_o be_v the_o great_a revenue_n of_o the_o king_n the_o honour_n of_o the_o kingdom_n the_o noble_a profession_n of_o the_o merchant_n the_o school_n of_o our_o art_n the_o supply_n of_o our_o want_n the_o employment_n of_o our_o poor_a the_o improvement_n of_o our_o land_n the_o nursery_n of_o our_o mariner_n the_o wall_n of_o the_o kingdom_n the_o mean_n of_o our_o treasure_n the_o sinew_n of_o our_o war_n the_o terror_n of_o our_o enemy_n for_o all_o which_o great_a and_o weighty_a reason_n do_v so_o many_o well_o govern_v state_n high_o countenance_v the_o profession_n and_o careful_o cherish_v the_o action_n not_o only_o with_o policy_n to_o increase_v it_o but_o also_o with_o power_n to_o protect_v it_o from_o all_o foreign_a injury_n because_o they_o know_v it_o be_v a_o principal_a in_o reason_n of_o state_n to_o maintain_v and_o defend_v that_o which_o do_v support_v they_o and_o their_o estate_n courteous_a reader_n these_o book_n follow_v be_v sell_v by_o thomas_n clark_n at_o the_o south-entrance_n of_o the_o royal_a exchange_n london_n consuetudo_fw-la vel_fw-la lex_fw-la mercatoria_fw-la or_o the_o ancient_a law-merchant_n divide_v into_o three_o part_n by_o gerard_n mulens_n merchant_n the_o merchant_n mirror_n or_o direction_n for_o the_o perfect_a order_n or_o keep_v of_o his_o account_n by_o richard_n dafforn_n accountant_a a_o introduction_n to_o merchant_n account_n by_o john_n collins_n accountant_a amphithalamie_n or_o the_o accomptant_n closet_n be_v a_o abridgement_n of_o merchant_n account_n keep_v by_o debtor_n and_o creditor_n by_o abraham_n liset_n a_o analysis_n or_o resolution_n of_o merchant_n account_n wherein_o the_o whole_a body_n of_o merchant_n account_n be_v anatomize_v by_o ralph_n handson_n accountant_a the_o survey_n of_o london_n 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dial_n to_o which_o may_v be_v add_v eliptical_a or_o azimuthal_o horologiography_n by_o samuel_n foster_n late_a professor_n of_o astronomy_n in_o gresham-college_n london_n popular_a error_n or_o the_o error_n of_o the_o people_n in_o matter_n of_o physic_n by_o d_o primrose_n advice_n concern_v bill_n of_o exchange_n a_o excellent_a piece_n by_o john_n marius_n public_a notary_n table_n of_o interest_n and_o rebate_v for_o the_o purchase_n and_o discompt_v of_o annuity_n more_o exact_o calculate_v than_o heretofore_o by_o roger_n clavel_n mathematician_n a_o manual_a of_o million_o or_o account_n ready_a cast_v up_o by_o which_o may_v sudden_o be_v know_v the_o true_a value_n of_o any_o commodity_n at_o any_o price_n whatever_o and_o how_o to_o resolve_v many_o million_o of_o question_n either_o in_o reduction_n or_o the_o golden_a rule_n without_o any_o use_n of_o multiplication_n or_o division_n by_o richard_n hodges_n a_o piece_n very_o useful_a for_o all_o degree_n of_o man_n 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word_n to_o dr._n wom●ck_n assert_v the_o modification_n of_o public_a worship_n by_o personal_a ability_n be_v not_o the_o formal_a act_n of_o the_o ministerial_a office_n 3._o that_o the_o minister_n of_o the_o church_n of_o england_n ought_v to_o submit_v to_o the_o use_n of_o a_o impose_v liturgy_n by_o l._n w._n d._n d._n ☞_o take_v notice_n that_o all_o sort_n of_o bill_n of_o lade_n whether_o in_o english_a french_z spanish_n italian_a or_o dutch_a likewise_o indenture_n for_o bind_a apprentice_n to_o planter_n in_o any_o of_o his_o majesty_n island_n and_o also_o indenture_n for_o the_o city_n and_o country_n be_v print_v for_o and_o sell_v by_o thomas_n clark_n at_o the_o south_n entrance_n of_o the_o royal_a exchange_n finis_fw-la as_o it_o be_v very_o commendable_a to_o know_v what_o be_v to_o be_v do_v by_o other_o in_o their_o place_n so_o it_o be_v a_o great_a shame_n to_o be_v ignorant_a in_o the_o duty_n of_o our_o own_o vocation_n there_o be_v more_o honour_n and_o profit_n in_o a_o industrious_a life_n than_o in_o a_o great_a inheritance_n which_o waste_v for_o want_v of_o virtue_n foreign_a trade_n be_v the_o rule_n of_o our_o treasure_n the_o state_n in_o some_o occasion_n may_v gain_v most_o when_o private_a man_n by_o their_o revenue_n get_v least_o how_o some_o state_n have_v be_v make_v rich._n the_o traffic_n to_o the_o east_n indies_n be_v our_o most_o profitable_a trade_n in_o its_o proportion_n both_o for_o king_n and_o kingdom_n we_o get_v more_o by_o the_o indian_a ware_n than_o the_o indian_n themselves_o a_o distinction_n between_o the_o kingdom_n gain_v and_o the_o merchant_n profit_n money_n beget_v trade_n and_o trade_n increase_v money_n remote_a trade_n be_v most_o gainful_a to_o the_o commonwealth_n the_o proverb_n say_v he_o that_o have_v ware_n have_v money_n by_o the_o year_n our_o humane_a action_n ought_v especial_o to_o be_v constder_v in_o their_o end_n how_o we_o must_v get_v treasure_n to_o make_v it_o our_o own_o the_o policy_n and_o benefit_n of_o spain_n by_o the_o trade_n to_o the_o east-indies_n the_o effect_n of_o different_a war_n concern_v treasure_n money_n be_v the_o measure_n of_o our_o other_o mean_n a_o notable_a service_n for_o spain_n all_o the_o ready_a money_n in_o this_o kingdom_n be_v esteem_v at_o little_a more_o than_o one_o million_o of_o pound_n merchant_n do_v or_o aught_o to_o know_v the_o weight_n and_o fineness_n of_o foreign_a coin_n the_o use_n of_o foreign_a trade_n be_v alike_o to_o all_o nation_n how_o foreign_a trade_n a_o destroy_v some_o restriction_n hinder_v trade_n plenty_n of_o money_n make_v the_o exchange_n cheap_a and_o all_o other_o thing_n dear_a what_o kind_n of_o plenty_n or_o scarcity_n of_o money_n make_v the_o exchange_n high_a or_o low_o the_o undervalue_v of_o our_o money_n in_o exchange_n be_v the_o stranger_n loss_n and_o our_o gain_n 1_o the_o canker_n of_o england_n commonwealth_n 2_o free_a trade_n 3_o lex_fw-la mercatoria_fw-la 4_o the_o centre_n of_o trade_n ☞_o the_o principal_a efficient_a cause_n of_o loss_n by_o exchange_n lex_fw-la mercatoria_fw-la pag._n 410._o maintenance_n of_o free_a trade_n p._n 17._o exchange_n hinder_v not_o prince_n of_o their_o custom_n the_o present_a estate_n of_o the_o commonwealth_n of_o genova_n how_o the_o italian_n be_v enable_v to_o furnish_v spain_n with_o money_n in_o flanders_n maintenance_n of_o free_a trade_n p._n 76_o 77_o 78_o and_o 79._o some_o state_n can_v subsist_v but_o by_o the_o mean_n of_o heavy_a tax_n prince_n who_o have_v no_o just_a cause_n to_o lay_v extraordinary_a and_o heavy_a tax_n upon_o their_o subject_n the_o sinister_a end_n which_o some_o great_a prince_n have_v in_o lay_v heavy_a tax_n upon_o their_o subject_n excess_n and_o bounty_n bring_v beggary_n which_o make_v most_o man_n devise_v in_o their_o head_n how_o to_o extort_v and_o get_v money_n into_o their_o hand_n foreign_a trade_n must_v give_v proportion_n to_o a_o prince_n treasure_n which_o be_v lay_v up_o yearly_o a_o prince_n who_o subject_n have_v but_o little_a foreign_a trade_n can_v lay_v up_o much_o money_n munition_n for_o war_n ought_v to_o be_v keep_v in_o divers_a place_n of_o the_o state_n to_o prevent_v the_o loss_n of_o all_o by_o treachery_n in_o one_o place_n the_o fruit_n of_o idleness_n which_o be_v england_n common_a reproach_n among_o stranger_n the_o netherlander_n ingratitude_n the_o hollander_n improvement_n and_o industry_n those_o prince_n which_o do_v willing_o support_v the_o dutch_a will_v as_o resolute_o resist_v the_o spaniard_n much_o policy_n but_o little_a honesty_n part_v of_o the_o state_n proclamation_n date_v in_o the_o hague_n 19_o july_n 1624._o money_n and_o fish_v compare_v the_o netherlander_n plough_n man_n who_o speak_v by_o affection_n or_o tradition_n not_o from_o reason_n the_o hollander_n main_a supportance_n be_v england_n good_a alliance_n where_o force_n fail_v yet_o money_n prevail_v thus_o hope_v the_o hollander_n how_o we_o must_v value_v our_o exportatione_fw-la and_o impertation_n the_o trade_n to_o the_o east_n indies_n be_v not_o only_o great_a in_o itself_o but_o it_o do_v also_o make_v our_o other_o trade_n much_o great_a than_o they_o be_v two_o contrary_n which_o be_v both_o prnicious_a