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than_o we_o may_v probable_o hold_v out_o long_a but_o the_o trade_n be_v carry_v on_o there_o by_o a_o monopoly_n as_o well_o as_o here_o and_o great_a man_n concern_v no_o judgement_n can_v be_v make_v by_o the_o gain_v that_o trade_n afford_v to_o the_o company_n whether_o the_o trade_n be_v good_a or_o bad_a as_o for_o spice_n drug_n and_o saltpetre_n the_o way_n to_o have_v more_o of_o they_o be_v to_o confine_v the_o trade_n to_o such_o commodity_n these_o other_o not_o be_v make_v by_o the_o indian_n till_o the_o factor_n bespeak_v they_o till_o some_o such_o limitation_n be_v make_v these_o afford_v most_o profit_n will_v be_v prefer_v and_o we_o be_v not_o debar_v the_o have_v those_o when_o we_o do_v not_o engage_v in_o this_o trade_n of_o manufactured_a good_n and_o little_a reason_n to_o fear_n we_o shall_v be_v now_o this_o head_n be_v conclude_v with_o a_o account_n of_o pepper_n which_o with_o the_o other_o account_n in_o this_o tract_n do_v not_o agree_v with_o other_o 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calculation_n will_v be_v find_v more_o beneficial_a the_o author_n of_o this_o tract_n have_v own_v page_n 12._o as_o to_o the_o trade_n to_o the_o east-indies_n in_o general_n that_o it_o be_v naught_o and_o that_o if_o all_o europe_n will_v agree_v to_o have_v no_o further_a deal_n to_o those_o part_n will_v certain_o save_v a_o great_a expense_n of_o treasure_n because_o europe_n draw_v nothing_o from_o thence_o of_o solid_a use_n only_o perishable_a commodity_n and_o material_n to_o supply_v luxury_n in_o return_n of_o gold_n and_o silver_n which_o be_v there_o bury_v and_o never_o return_v but_o will_v have_v the_o burden_n to_o fall_v upon_o the_o collective_a body_n of_o europe_n it_o be_v conclude_v that_o nothing_o can_v be_v more_o fatal_a than_o this_o assertion_n to_o all_o the_o argument_n in_o this_o discourse_n to_o render_v this_o nation_n in_o a_o manner_n undo_v if_o the_o importation_n of_o indian_a and_o persian_a silk_n be_v prohibit_v upon_o which_o it_o be_v say_v the_o preservation_n of_o above_o half_a of_o that_o trade_n depend_v and_o half_a our_o foreign_a business_n page_n 22._o it_o be_v well_o know_v that_o england_n and_o holland_n drive_v the_o great_a trade_n of_o all_o european_a nation_n and_o that_o do_v depend_v much_o upon_o the_o consumption_n of_o their_o own_o manufacture_n if_o these_o indian_a silk_n be_v consume_v as_o be_v own_a page_n the_o 31st_o in_o the_o room_n of_o our_o stuff_n anthorine_n etc._n etc._n and_o the_o linen_n as_o well_o as_o the_o silk_n as_o complain_v of_o in_o holland_n in_o the_o room_n of_o the_o silk_n and_o linen_n manufacture_v there_o and_o we_o spend_v half_a at_o home_n of_o what_o be_v bring_v from_o thence_o and_o all_o purchase_v with_o our_o gold_n and_o silver_n why_o may_v not_o england_n and_o holland_n be_v take_v in_o among_o the_o collective_a body_n of_o europe_n upon_o who_o this_o loss_n do_v fall_v and_o be_v find_v to_o bear_v the_o great_a share_n by_o the_o loss_n that_o these_o manufacture_v good_n occasion_n whatever_o gain_v do_v or_o may_v make_v by_o the_o other_o branch_n of_o that_o trade_n for_o other_o nation_n that_o consume_v such_o good_n because_o have_v none_o of_o their_o own_o fabric_n can_v be_v at_o any_o loss_n in_o so_o do_v do_v but_o lay_v out_o their_o money_n in_o these_o good_n instead_o of_o lay_v it_o out_o in_o the_o woollens_fw-la make_v by_o we_o or_o linen_n make_v by_o the_o dutch_a all_o nation_n not_o be_v so_o extravagant_a as_o to_o spend_v so_o much_o the_o more_o because_o these_o good_n be_v bring_v they_o therefore_o as_o may_v true_o conclude_v with_o the_o author_n that_o this_o trade_n be_v nought_o for_o europe_n in_o general_a so_o very_o particular_o for_o this_o nation_n which_o indeed_o suffer_v most_o by_o it_o because_o we_o alter_v the_o management_n of_o it_o since_o the_o year_n 1670._o of_o which_o some_o hint_n be_v give_v before_o and_o may_v be_v make_v apparent_a but_o omit_v for_o this_o time_n lest_o it_o shall_v be_v think_v strange_a that_o the_o author_n shall_v not_o be_v in_o the_o right_n neither_o when_o argue_v against_o this_o trade_n nor_o for_o it_o but_o to_o conclude_v with_o some_o observation_n upon_o what_o mention_n of_o cardinal_n richlieu_n page_n the_o 6_o that_o have_v leave_v behind_o he_o a_o evidence_n how_o much_o have_v make_v matter_n of_o trade_n his_o care_n and_o study_n and_o that_o thereby_o have_v lay_v the_o only_a foundation_n of_o a_o solid_a and_o last_a greatness_n if_o he_o have_v also_o take_v notice_n of_o the_o edict_n tariff_n and_o order_n make_v since_o and_o of_o the_o politic_n practise_v in_o france_n refer_v to_o trade_n particular_o of_o the_o edict_n make_v the_o 26_o of_o october_n 1686._o for_o burn_v and_o destoy_v china_n silk_n stuff_n etc._n etc._n and_o other_o
england_n and_o east-india_a inconsistent_a in_o their_o manufacture_n be_v a_o answer_n to_o a_o treatise_n entitle_v a_o essay_n on_o the_o east-india_n trade_n by_o the_o author_n of_o the_o essay_n of_o way_n and_o mean_n london_n print_v in_o the_o year_n 1697._o some_o consideration_n upon_o read_v a_o treatise_n entitle_v a_o essay_n on_o the_o east-india_n trade_n by_o the_o author_n of_o the_o essay_n on_o way_n and_o mean_n the_o many_o objection_n former_o make_v against_o the_o east-india_n trade_n because_o be_v carry_v on_o by_o the_o exportation_n of_o our_o coin_n or_o bullion_n and_o by_o the_o importation_n of_o manufactured_a good_n and_o toy_n be_v usual_o answer_v by_o the_o advocate_n for_o that_o trade_n that_o such_o good_n can_v not_o be_v injurious_a because_o be_v not_o spend_v in_o england_n but_o transport_v to_o foreign_a market_n and_o thereby_o occasion_v the_o importation_n of_o more_o bullion_n than_o ever_o be_v export_v but_o the_o truth_n which_o be_v former_o deny_v be_v now_o own_v by_o this_o treatise_n that_o one_o half_a of_o the_o say_a good_n be_v consume_v at_o home_o and_o that_o those_o manufacture_v good_n do_v hinder_v the_o consumption_n of_o what_o be_v fabrickt_v by_o our_o own_o people_n the_o land_a man_n have_v now_o reason_n to_o conclude_v that_o they_o be_v more_o concern_v in_o this_o contest_v than_o the_o weaver_n as_o well_o for_o their_o particular_a interest_n as_o the_o public_a good_a and_o therefore_o the_o consideration_n here_o offer_v be_v think_v necessary_a that_o these_o new_a maxim_n and_o argument_n may_v be_v examine_v because_o the_o rent_n of_o land_n as_o well_o as_o preservation_n of_o our_o coin_n consumption_n of_o our_o manufacture_n and_o the_o employment_n of_o our_o people_n do_v much_o depend_v upon_o what_o resolution_n may_v be_v take_v for_o the_o settle_n of_o this_o trade_n the_o general_a notion_n about_o trade_n from_o page_n the_o first_o to_o page_n the_o eleven_o be_v postpone_v to_o be_v consider_v at_o the_o end_n of_o this_o treatise_n page_z the_o twelve_o assert_n 1._o that_o the_o east-india_n trade_n be_v beneficial_a to_o england_n 2._o that_o to_o prohibit_v the_o wear_v of_o india_n wrought_v silk_n bengal_n etc._n etc._n will_v be_v destructive_a to_o the_o trade_n of_o england_n to_o justify_v the_o first_o proposition_n it_o be_v say_v that_o we_o export_v but_o 400000_o l._n per_fw-la annum_fw-la of_o which_o ⅛_n to_o ¼_n be_v in_o our_o home_n make_v good_n and_o that_o the_o produce_v of_o 200000_o l._n bring_v home_o and_o spend_v in_o england_n be_v the_o one_o half_a yield_v we_o 800000_o l._n and_o the_o produce_v of_o the_o other_o 200000_o l._n be_v in_o good_n send_v abroad_o to_o foreign_a market_n yield_v we_o another_o sum_n of_o 800000_o l._n and_o therefore_o that_o england_n gain_v by_o this_o trade_n 1200000_o l._n per_fw-la annum_fw-la clear_a page_n 16_o 53._o instead_o of_o offer_v voucher_n to_o prove_v this_o account_n it_o be_v say_v that_o it_o must_v be_v clear_a gain_n because_o the_o half_n spend_v in_o england_n prevent_v the_o exportation_n of_o treble_a that_o sum_n in_o money_n which_o will_v otherways_o be_v carry_v out_o for_o the_o purchase_n of_o silk_n and_o linen_n in_o foreign_a part_n and_o that_o the_o other_o half_o must_v be_v clear_a gain_n because_o no_o one_o verse_v in_o merchandise_n will_v deny_v it_o page_n 16._o and_o for_o a_o further_a confirmation_n the_o author_n tell_v we_o page_n 17_o that_o he_o have_v cogent_a reason_n to_o believe_v this_o nation_n do_v increase_v in_o riches_n from_o anno_fw-la 1656_o to_o anno_fw-la 1688_o 2_o million_o per_fw-la annum_fw-la and_o that_o after_o much_o study_n and_o thought_n do_v find_v that_o the_o say_a increase_n do_v arise_v 900000_o l._n by_o our_o plantation_n trade_n 500000_o l._n by_o our_o product_n and_o manufacture_n and_o 600000_o l._n from_o the_o east-india_n trade_n which_o we_o must_v believe_v because_o he_o say_v the_o matter_n be_v not_o capable_a of_o any_o clear_a demonstration_n to_o the_o contrary_n page_n 18._o it_o be_v think_v convenient_a to_o answer_v this_o account_n with_o a_o account_n much_o different_a and_o yet_o probable_o as_o true_a viz._n that_o there_o have_v be_v export_v for_o india_n annual_o ever_o since_o anno_fw-la 1673._o when_o the_o trade_n in_o manufactured_a good_n from_o thence_o begin_v first_o to_o increase_v till_o anno_fw-la 1690_o about_o 600000_o l._n per_fw-la annum_fw-la in_o bullion_n by_o the_o company_n private_a trader_n or_o interloper_n from_o england_n or_o spain_n and_o that_o the_o good_n bring_v from_o thence_o never_o bring_v back_o into_o england_n nor_o save_v the_o go_v out_o of_o 200000_o l._n per_fw-la annum_fw-la in_o bullion_n and_o therefore_o that_o this_o trade_n instead_o of_o be_v profitable_a to_o we_o have_v exhaust_v about_o 400000_o l._n per_fw-la annum_fw-la of_o our_o treasure_n and_o do_v we_o much_o mischief_n by_o the_o importation_n of_o such_o good_n and_o that_o our_o riches_n have_v not_o increase_v ever_o since_o anno_fw-la 1666_o but_o have_v annual_o decrease_v very_o much_o by_o trade_n but_o before_o any_o argument_n shall_v be_v enter_v upon_o which_o of_o these_o account_n be_v most_o justifiable_a it_o be_v requisite_a to_o agree_v upon_o matter_n of_o fact_n and_o principle_n particular_o what_o may_v proper_o be_v call_v the_o riches_n or_o treasure_n of_o a_o nation_n or_o what_o may_v be_v esteem_v the_o most_o useful_a after_o what_o be_v absolute_o necessary_a to_o supply_v the_o necessity_n of_o nature_n some_o be_v of_o opinion_n that_o nothing_o do_v deserve_v that_o name_n or_o to_o be_v so_o esteem_v but_o gold_n and_o silver_n because_o no_o other_o metal_n be_v so_o last_a and_o durable_a or_o so_o fit_a to_o receive_v the_o royal_a stamp_n nor_o to_o be_v ascertain_v in_o value_n and_o divide_v into_o several_a denomination_n nor_o so_o convenient_a to_o pay_v fleet_n and_o army_n and_o because_o have_v a_o general_a esteem_n in_o all_o part_n of_o europe_n as_o fit_v for_o such_o use_n and_o to_o be_v the_o standard_n for_o the_o carry_v on_o of_o commerce_n and_o to_o be_v barter_v off_o for_o all_o other_o commodity_n that_o jewel_n lead_v tin_n or_o iron_n though_o durable_a yet_o have_v not_o those_o other_o qualification_n do_v not_o so_o well_o deserve_v to_o be_v esteem_v treasure_n that_o silk_n woollen_a good_n wine_n etc._n etc._n may_v be_v esteem_v riches_n between_o man_n and_o man_n because_o may_v be_v convert_v into_o gold_n and_o silver_n yet_o do_v not_o deserve_v to_o be_v esteem_v the_o riches_n of_o the_o nation_n till_o by_o exportation_n to_o foreign_a country_n be_v convert_v into_o gold_n and_o silver_n and_o that_o bring_v hither_o because_o be_v subject_a to_o corruption_n and_o in_o a_o short_a course_n of_o year_n will_v consume_v to_o nothing_o and_o then_o of_o no_o value_n this_o be_v state_v if_o agree_v whoever_o will_v undertake_v to_o make_v out_o that_o we_o have_v either_o by_o the_o east-india_n trade_n gain_v 1200000_o l._n per_fw-la annum_fw-la as_o assert_v page_z 15_o 16._o or_o that_o the_o nation_n do_v increase_v in_o riches_n from_o anno_fw-la 1656_o to_o anno_fw-la 1688_o two_o million_o per_fw-la annum_fw-la must_v make_v out_o that_o so_o much_o be_v import_v in_o bullion_n over_o and_o above_o what_o be_v export_v which_o be_v so_o sar_n from_o be_v general_o believe_v that_o many_o be_v of_o opinion_n we_o have_v have_v our_o treasure_n annual_o exhaust_v ever_o since_o 1666_o not_o only_o by_o the_o east-india_n trade_n but_o also_o by_o the_o great_a exportation_n of_o our_o coin_n to_o the_o northern_a kingdom_n to_o purchase_v naval_a store_n and_o deal_v timber_n and_o iron_n use_v in_o the_o rebuilding_n of_o london_n and_o a_o great_a number_n of_o house_n since_o erect_v elsewhere_o and_o to_o other_o place_n and_o country_n for_o supply_v the_o many_o loss_n of_o good_n that_o be_v burn_v by_o the_o fire_n or_o spoil_v in_o remove_v for_o the_o purchase_n of_o foreign_a commodity_n for_o the_o furnish_n of_o the_o new_a build_v house_n and_o to_o carry_v on_o the_o french_a trade_n from_o anno_fw-la 1656_o to_o 1688_o be_v 32_o year_n which_o at_o 2_o million_o per_fw-la annum_fw-la be_v 64_o million_o all_o that_o remember_v how_o plenty_n money_n be_v in_o this_o nation_n anno_fw-la 1656_o may_v find_v reason_n to_o conclude_v that_o we_o have_v not_o now_o in_o the_o nation_n as_o much_o gold_n and_o silver_n as_o we_o have_v then_o so_o that_o either_o the_o 64_o million_o have_v be_v spend_v since_o 1688_o which_o no_o man_n can_v believe_v or_o else_o be_v never_o get_v which_o be_v most_o likely_a to_o be_v true_a because_o according_a to_o the_o best_a computation_n that_o can_v be_v make_v it_o be_v conclude_v there_o have_v not_o be_v import_v
their_o wool_n yet_o that_o those_o that_o drive_v the_o india_n trade_n at_o the_o same_o time_n may_v make_v 400_o l._n of_o 100_o l._n pa._n 28_o 29_o 30_o 31_o 32_o 33._o that_o our_o woollen_a good_n consume_v at_o home_n do_v not_o enrich_v the_o nation_n and_o that_o a_o high_a price_n on_o our_o woollen_a manufacture_n may_v hinder_v the_o sale_n of_o they_o be_v agree_v but_o that_o we_o must_v therefore_o send_v our_o money_n to_o india_n to_o purchase_v the_o manufactured_a good_n make_v in_o those_o part_n to_o be_v spend_v at_o home_o and_o abroad_o in_o the_o room_n of_o our_o own_o in_o order_n to_o bring_v down_o the_o price_n of_o they_o by_o make_v wool_n and_o labour_n cheap_a be_v false_a conclusion_n draw_v from_o true_a principle_n if_o after_o we_o have_v use_v our_o best_a endeavour_n to_o keep_v up_o the_o price_n of_o wool_n and_o the_o expense_n of_o our_o woollen_a good_n it_o shall_v be_v our_o misfortune_n to_o be_v disappoint_v by_o the_o increase_n of_o 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it_o be_v consider_v how_o the_o manufacture_n of_o wool_n be_v increase_v in_o ireland_n holland_n france_n germany_n spain_n and_o portugal_n and_o what_o a_o drugg_n our_o manufactured_a good_n be_v become_v beyond_o the_o sea_n and_o that_o have_v be_v export_n ed_z of_o late_a year_n rather_o out_o of_o necessity_n to_o provide_v effect_n than_o out_o of_o choice_n in_o hope_n of_o gaines_n no_o reason_n will_v appear_v for_o bring_v home_o or_o encourage_v the_o expense_n of_o these_o good_n if_o not_o in_o order_n total_o to_o ruin_v the_o manufacture_n unless_o we_o can_v be_v assure_v that_o the_o fall_v of_o wool_n and_o manufacture_n to_o a_o low_a price_n will_v first_o ruin_v those_o other_o manufacture_n and_o then_o that_o we_o will_v certain_o advance_v in_o price_n again_o or_o that_o it_o can_v not_o be_v do_v by_o open_v the_o east-india_n trade_n and_o make_v those_o good_n cheap_a as_o well_o as_o by_o run_v down_o our_o own_o and_o we_o shall_v also_o have_v be_v tell_v how_o the_o land_a man_n and_o poor_a shall_v subsist_v whilst_o the_o experiment_n be_v make_v and_o how_o in_o case_n this_o project_n shall_v not_o take_v we_o shall_v retrieve_v what_o we_o may_v lose_v by_o try_v it_o and_o how_o we_o shall_v regain_v the_o expense_n of_o they_o at_o home_o after_o the_o east-india_n good_n have_v get_v possession_n by_o a_o unterrupted_a usage_n unless_o these_o thing_n be_v plain_o make_v out_o there_o will_v not_o appear_v any_o great_a reason_n why_o we_o shall_v permit_v the_o india_n good_n to_o jostle_v out_o the_o expense_n of_o our_o own_o and_o thereby_o occasion_v the_o fall_v of_o wool_n from_o 8_o d._n to_o 4_o d._n per_fw-la pound_n for_o if_o the_o land_a man_n shall_v be_v disappoint_v in_o their_o expectation_n will_v then_o conclude_v that_o be_v cully_v out_o of_o their_o money_n by_o be_v persuade_v to_o part_v which_o a_o bird_n in_o hand_n in_o hope_n to_o get_v another_o out_o of_o the_o bush_n from_o a_o unknown_a 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