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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A29354 Essays on trade and navigation in five parts / by Sir Francis Brewster, Kt. Brewster, Francis, Sir, d. 1704. 1695 (1695) Wing B4434; ESTC R1968 72,012 152

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much Incouragement as a Lottery but to the contrary should be suppressed And I know a great Minister who once disputed on that with warmth against a care for Wooll and that it was a burthen to the Nation It may not be Foreign to this Discourse to give the heads of the Dispute which I the rather do that so it may shew the need there is for the Great Council of the Nation to take it under their Consideration The Discourse rose on a Proposition that was brought to him for stopping a vast Quantity of Wooll that was then going to France it was brought him in Writing and demonstrated That that very Wooll was enough to work up all the Coarse Wooll of France for Seven Years and that the consequence would be the loss of great part of our Manufactories to Spain and Portugal The Minister made little return to that but brought his Discourse to the great Loss it was to Men of Estates that there was not a way for Selling twice the Wooll that now they did That there was three Years Wooll then in England and what should Men do upon this Topick of the want of a Consumption for the Wooll of England the Gentleman laid down these Positions First That the War was one Reason of the Decay of the Woollen Manufactories Secondly That the extraordinary Escapes of Wooll to Foreign Parts put them upon making more Woollen Manufactories than ever they did before and that abated our Trade abroad Thirdly That our Wooll going to Foreign Parts made it so cheap at home This I remember put the Minister into a ●aughter and laying the two first aside he desir'd him to make out the last Position That the Escapes of Wooll to Foreign Parts made the Wooll fall in Price That the sending so great Quantities of Wooll out of the Kingdom should fall the Price of that which was left was a Mistery he could not understand but seem'd to him the only way to make it rise But the Gentleman undertook to make out his Assertion that every Pound of English Wooll worked up Three Pound of Foreign Wooll and that as much as they Manufactur'd so much was Abated in our Exports for that they made such Manufactoryes with our Wooll as they could not make without it and consequently by that means one pound of our Wooll with theirs made four times as much Cloaths and Stuffs as we could have made with it if we had kept it at home From which he Inferred That if one fourth of the Wooll of England went to Foreign Parts there would be as much Manufactoryes made Abroad for Foreign Markets as we could make if we had wrought all our own Wooll and so much being made Abroad we could not have use for half our own Wooll that was left This he affirmed was the reason that there lay so much Wooll unwrought in England and he being brought for Proof of what he said That which was Matter of Fact I thought undeniable though it would not be allowed so by the Minister The thing was this The Year after the Restauration there was a Gentleman that got a Grant from the King with a Non obstante to any Statute for Liberty to Export a certain Quantity of Wooll to Foreign Parts from Ireland upon which some Merchants in London buying the Grant sent over to Ireland and bought most of the Wooll and sent it to Foreign Parts this at first rais'd the Price of Wooll both there and in England but in so short a time as Five Moneths it fell Fifty per Cent. And though not one fourth of what formerly came from Ireland into England came then to England yet there was no Vent for the Wooll of England and in Ireland it fell from Seven Shillings to Three Shillings and Six Pence their Stone of Sixteen pounds all the time they shipped it for Foreign Parts This he affirm'd he could prove by the Merchants Books that were concern d to be litterally true and that the Year after the Shipping for Foreign Parts was over that Wooll rise to its former Price both here and in Ireland And he farther added that the great Quantities which by stealth go from England and Ireland makes Wooll in both Kingdoms fall in Price according to the Quantities that are sent out This part of the Dispute being over the next Question was Whither the Wooll of Ireland did not Abate the Price of the Wooll in England and hinder Sheep Masters from Inlarging their Flocks and consequently keep down the Rents of Land This was answered in the Negative to all the three that it did not Abate the Price of English Wooll nor hinder the Increase of Sheep or Abate the Rents of Land That the Irish Wooll coming into England helped the working up of some Wooll that could not be made the most of without it That the Wooll of Ireland was a larger Staple than that of England and most proper for Bayes and Serges That it was not the Wooll of Ireland that came to England that made the Price fall but it was that which went to Foreign Parts that did the Mischief and for the reasons before given he concluded that if there went no Wooll from England or Ireland to Foreign Parts all the Wooll of both Kingdoms would not be half enough to supply the Manufactories that England would have Markets for Abroad for that there is now made twice as much Manufactories with the help of our Wooll Abroad as is made in England so that if there were an effectual stop upon the Wooll of both Kingdoms the Flocks of both might be trebled and yet not be sufficient for the Manufactories England might vent This in few words was the best account I ever heard of the Nature and Improvement of the Wooll of these Kingdoms and is such demonstration of the Mischief the Exports of Wooll doth to the Nation that I cannot but think him a worse Enemy to his Country than a Common Pyrate for that he robs but a small Number but he that sends out Wooll destroys Thousands weakens the Strength of the Nation both at Land and Sea and if we believe the Lord Coke's Assertion That Nine parts of the Trade of England comes from the Sheeps Back there cannot be enough done to secure it but it hath ever been the misfortune of our Nation neither to punish or reward Impunity in the first makes us abound in Criminals and the neglect in the latter makes us barren of great Actions for our Countrey I mean in that which makes a Nation Rich and Wise Our Ancestours shewed more of their good will to it in the Dark of Trade and Navigation than we do at Noon-day I have often thought that it was possible for a Monarch of these Kingdoms to make all Europe Tributaries to him in Trade by a true Management of the Natureal and Artificial Product and Navigation of these Kingdoms without being oblig'd to any help but what ariseth from his own Dominions of which