a_o discourse_n concern_v the_o east-india_n trade_n wherein_o be_v show_v by_o argument_n take_v from_o a_o treatise_n write_v by_o sir_n josiah_n child_n reprint_v this_o present_a year_n 1693_o that_o the_o say_a trade_n may_v be_v carry_v on_o by_o a_o regulate_v company_n to_o much_o great_a advantage_n of_o the_o public_a than_o by_o a_o company_n with_o a_o joint-stock_n the_o many_o and_o great_a advantage_n which_o all_o kingdom_n and_o country_n receive_v by_o trade_n be_v so_o obvious_a that_o be_v what_o no_o man_n deny_v and_o there_o need_v no_o argument_n to_o prove_v a_o thing_n so_o general_o admit_v and_o therefore_o it_o be_v that_o the_o wise_a and_o just_a government_n have_v make_v it_o one_o of_o their_o chief_a care_n to_o discover_v and_o establish_v those_o way_n and_o method_n that_o do_v best_o â—â—serve_v and_o improve_v it_o and_o this_o be_v the_o measure_n observe_v for_o trade_n in_o general_n it_o be_v so_o likewise_o in_o particular_a trade_n especial_o such_o as_o bear_v a_o great_a proportion_n in_o the_o value_n and_o influence_n of_o the_o trade_n of_o any_o nation_n or_o country_n and_o â—â—cti_fw-la by_o a_o ill_a foundation_n and_o a_o worse_a management_n be_v like_a to_o be_v lose_v if_o not_o to_o â—â—hole_a yet_o to_o the_o great_a part_n of_o the_o subject_n of_o that_o country_n among_o other_o trade_n that_o to_o the_o east-indies_n be_v become_v one_o of_o the_o great_a that_o â—n_o england_n and_o therefore_o well_o befit_v the_o care_n of_o our_o representative_n in_o parâ—â—_n to_o decalre_a and_o establish_v the_o right_n thereunto_o its_o management_n this_o be_v likewise_o one_o of_o the_o great_a and_o most_o beneficial_a trade_n of_o all_o the_o trade_n of_o holland_n as_o that_o author_n observe_v in_o page_n 144._o of_o his_o ingenious_a treatise_n the_o dutch_a say_v he_o with_o good_a reason_n esteem_v the_o trade_n of_o the_o east-indies_n more_o profitable_a to_o they_o than_o be_v the_o mine_n of_o gold_n and_o silver_n in_o america_n to_o the_o king_n of_o spain_n therefore_o as_o of_o all_o other_o it_o be_v that_o wherein_o the_o dutch_a be_v moâ—â—_n emulous_a of_o any_o competitor_n so_o we_o be_v under_o the_o more_o absolute_a necessity_n to_o have_v a_o share_n in_o it_o and_o be_v the_o more_o concern_v to_o secure_v and_o increase_v it_o one_o of_o the_o chief_a design_n of_o sir_n josiah_n child_n in_o that_o treatise_n seem_v to_o be_v the_o show_v the_o neâ—_n cessity_n and_o advantage_n of_o increase_a the_o trade_n of_o this_o kingdom_n so_o as_o to_o enable_v 〈◊〉_d to_o cope_v therein_o with_o our_o neighbour_n in_o general_a and_o particular_o with_o the_o dutch_a which_o be_v a_o subject_a of_o very_o great_a importance_n and_o well_o worthy_a so_o great_a a_o peâ—â—_n and_o the_o nation_n be_v much_o indebt_v to_o he_o for_o those_o many_o ingenious_a maxim_n and_o observation_n he_o have_v make_v public_a which_o be_v never_o more_o necessary_a to_o be_v consider_v than_o at_o present_a there_o be_v many_o of_o his_o proposition_n which_o may_v be_v make_v extreme_o useful_a and_o advantageous_a to_o the_o trade_n of_o this_o kingdom_n in_o general_n and_o particlar_o in_o the_o settlement_n of_o the_o east-india_n trade_n by_o a_o easy_a admission_n into_o it_o under_o the_o government_n of_o a_o regulate_v company_n of_o merchant_n which_o be_v the_o method_n the_o author_n propoâ—â—_n as_o most_o beneficial_a to_o the_o kingdom_n for_o all_o other_o trade_n which_o be_v manage_v by_o company_n and_o the_o east-india_n trade_n be_v that_o wherein_o of_o all_o other_o he_o have_v have_v great_a share_n of_o interest_n and_o experience_n it_o may_v reasonable_o have_v be_v expectâ—â—_n he_o shall_v have_v lay_v down_o such_o rule_n and_o method_n for_o the_o future_a conduct_n and_o improvement_n of_o it_o as_o may_v effectual_o have_v answer_v the_o aforesaid_a end_n of_o â—â—_o treatise_n but_o as_o the_o great_a man_n be_v subject_a to_o humane_a frailty_n so_o herein_o that_o gentlemâ—â—_n have_v give_v a_o instance_n of_o it_o for_o he_o have_v be_v most_o silent_a as_o to_o the_o method_n of_o tâ—â—_n government_n of_o that_o trade_n and_o though_o it_o be_v of_o so_o great_a importance_n as_o well_o this_o kingdom_n as_o the_o dutch_a he_o have_v treat_v of_o it_o in_o the_o slight_a manner_n of_o mâ—â—_n other_o and_o give_v neither_o rule_n nor_o reason_n worth_a mention_v either_o for_o the_o present_a or_o future_a management_n of_o it_o but_o yet_o in_o that_o little_a which_o he_o have_v observe_v concern_v it_o his_o private_a interest_n have_v lead_v he_o to_o contradict_v himself_o and_o his_o oâ—â—_n proposition_n by_o which_o he_o have_v give_v a_o very_a great_a blemish_n to_o that_o noble_a undertake_n and_o show_v the_o world_n how_o difficult_a a_o thing_n it_o be_v for_o some_o man_n to_o be_v iâ—â—_n partial_a where_o private_a interest_n come_v to_o stand_v in_o competition_n with_o the_o public_a i_o shall_v in_o order_n to_o the_o treat_v this_o matter_n consider_v these_o four_o thing_n i._n the_o proposition_n lay_v down_o by_o the_o author_n as_o his_o opinion_n concernâ—â—_n trade_n in_o general_n ii_o the_o reason_n which_o he_o have_v offer_v for_o the_o management_n of_o the_o east-india_n trade_n in_o the_o present_a method_n iii_o show_n how_o inconsistent_a the_o present_a constitution_n of_o the_o east-india_n company_n be_v with_o the_o author_n proposition_n and_o opinion_n lay_v down_o as_o trade_n in_o general_n iv_o i_o shall_v answer_v some_o of_o the_o most_o popular_a objection_n which_o be_v make_v against_o the_o determination_n of_o this_o company_n and_o the_o management_n of_o that_o trade_n in_o any_o other_o manner_n than_o by_o a_o joint_a stock_n i_o may_v add_v likewise_o a_o five_o to_o show_v how_o contradictory_n the_o present_a constitution_n of_o the_o east-india_n trade_n be_v to_o the_o law_n of_o nature_n and_o the_o liberty_n of_o a_o free_a bear_a people_n and_o to_o the_o common_a and_o statute_n law_n of_o the_o land_n but_o of_o this_o i_o shall_v say_v nothing_o it_o be_v a_o subject_a which_o will_v deserve_v a_o particular_a consideration_n if_o the_o learned_a argument_n which_o have_v be_v make_v upon_o the_o occasion_n of_o its_o contest_v together_o with_o the_o opinion_n of_o most_o of_o the_o judge_n which_o have_v be_v give_v upon_o this_o matter_n have_v not_o sufficient_o prove_v it_o i._o the_o proposition_n lay_v down_o by_o the_o author_n and_o his_o opinion_n as_o to_o trade_n in_o general_n the_o great_a design_n of_o the_o author_n be_v to_o lay_v down_o rule_n and_o method_n for_o the_o increase_n and_o improvement_n of_o the_o trade_n of_o this_o kingdom_n in_o general_n and_o for_o enable_v we_o to_o cope_v therein_o with_o our_o neighbour_n and_o especial_o the_o dutch_a he_o have_v propose_v several_a as_o necessary_a to_o the_o attain_v that_o end_n and_o principal_o the_o encouragement_n of_o industry_n and_o ingenuity_n and_o the_o abatement_n of_o interest_n as_o main_o convince_a to_o it_o the_o advantage_n of_o which_o be_v large_o handle_v and_o take_v up_o a_o great_a part_n of_o that_o treatise_n and_o in_o page_n 153._o speak_v of_o the_o balance_n of_o trade_n he_o ask_v what_o be_v to_o be_v do_v in_o england_n to_o improve_v the_o trade_n thereof_o to_o such_o a_o degree_n as_o to_o equalise_v or_o overbalance_n our_o neighbour_n in_o our_o national_a profit_n by_o our_o foreign_a trade_n the_o method_n i_o propose_v say_v he_o for_o the_o answer_v this_o great_a question_n be_v follow_v my_o own_o principle_n that_o if_o trade_n be_v great_a and_o much_o english_a ship_n employ_v it_o will_v be_v good_a for_o the_o nation_n in_o general_n whatever_o it_o may_v be_v for_o private_a merchant_n first_o to_o lay_v down_o some_o general_a rule_n for_o the_o enlargement_n of_o trade_n in_o england_n and_o then_o some_o way_n of_o reduce_v those_o general_a rule_n into_o use_n and_o practice_n the_o general_n rule_v for_o the_o enlargement_n of_o trade_n be_v not_o many_o 1._o increase_v of_o hand_n in_o trade_n 2._o increase_v of_o stock_n in_o trade_n 3._o make_v trade_n easie_n and_o necessary_a i._n e._n make_v it_o our_o interest_n to_o trade_n 4._o to_o make_v it_o the_o interest_n of_o other_o nation_n to_o trade_n with_o we_o and_o after_o in_o fol._n 159._o speak_v of_o the_o four_o general_n rule_n to_o reduce_v it_o to_o practice_n viz._n to_o make_v it_o the_o interest_n of_o other_o nation_n to_o trade_n with_o we_o we_o must_v be_v sure_a say_v he_o to_o furnish_v they_o at_o as_o cheap_a or_o cheaper_o rate_n than_o any_o other_o nation_n can_v or_o do_v and_o this_o i_o affirm_v can_v never_o be_v do_v without_o subdue_a usury_n especial_o and_o do_v those_o other_o thing_n beforementioned_a that_o will_v conduce_v to_o the_o increase_n
restraint_n as_o be_v in_o effect_n a_o total_a â—â—hibition_n of_o all_o other_o but_o themselves_o however_o the_o admission_n into_o the_o east-india_n company_n for_o 5_o l._n be_v what_o he_o speak_v of_o in_o page_n 89_o 90._o as_o one_o of_o the_o main_a â—â—â—ses_n of_o all_o their_o success_n undeniable_a experience_n say_v he_o have_v convince_v all_o gainsayers_a in_o this_o matter_n that_o the_o east-india_n company_n since_o its_o have_v have_v so_o large_a and_o national_a a_o foundation_n have_v likewise_o have_v a_o succession_n of_o better_a governor_n deputy_n and_o assistant_n than_o ever_o it_o have_v upon_o that_o narrow_a bottom_n it_o stand_v former_o when_o none_o can_v be_v admit_v to_o the_o freedom_n of_o that_o company_n for_o less_o than_o a_o fine_a of_o fifty_o pound_n and_o the_o success_n have_v be_v answerable_a for_o the_o first_o company_n settle_v upon_o that_o narrow_a limit_a interest_n although_o their_o stock_n be_v large_a than_o this_o decay_a and_o final_o come_v â—â—_o ruin_n and_o destruction_n whereas_o on_o the_o contrary_a this_o be_v settle_v on_o more_o â—â—tional_a and_o consequent_o more_o just_a as_o well_o as_o more_o profitable_a principle_n have_v â—â—ough_o god_n goodness_n thrive_v and_o increase_v to_o the_o trebble_n of_o their_o first_o stock_n but_o here_o i_o must_v beg_v leave_n to_o observe_v that_o the_o great_a success_n of_o this_o company_n trade_n so_o far_o exceed_v the_o former_a be_v not_o owe_v to_o the_o admission_n of_o any_o oâ—_n for_o 5_o l._n as_o the_o author_n will_v insinuate_v but_o to_o some_o such_o cause_n as_o these_o viz_o i._o the_o great_a and_o general_a use_n and_o esteem_v of_o calico_n and_o east-india_n commodity_n of_o which_o the_o consumption_n have_v be_v above_o ten_o time_n more_o than_o it_o wâ—â—_n former_o ii_o the_o war_n in_o which_o france_n and_o holland_n be_v engage_v for_o so_o maâ—â—_n year_n when_o we_o enjoy_v peace_n which_o give_v we_o a_o opportunity_n to_o furnish_v not_o oâ—_n lie_v those_o country_n but_o all_o the_o world_n with_o most_o sort_n of_o east-india_n goodâ—_n which_o together_o with_o the_o low_a duty_n former_o pay_v have_v be_v the_o chief_a reason_n of_o this_o company_n great_a success_n nor_o be_v the_o advantage_n which_o the_o nation_n receive_v by_o the_o east-india_n tradâ—_n owe_v to_o the_o management_n of_o it_o by_o a_o company_n with_o a_o joint_a stock_n for_o the_o same_o migâ—â—_n be_v have_v under_o a_o regulate_v company_n and_o much_o great_a those_o which_o the_o author_n meâ—tions_n chief_o be_v in_o 144_o 145_o and_o 146._o i._o that_o trade_n say_v he_o employ_v 25_o or_o 30_o sail_n of_o the_o most_o warlike_a ship_n 〈◊〉_d england_n wsth_n 60_o to_o 100_o man_n in_o each_o ship_n and_o may_v in_o 2_o or_o 3_o year_n moâ—â—_n employ_v a_o great_a number_n etc._n etc._n ii_o it_o supply_v the_o nation_n constant_o and_o due_o with_o that_o in_o this_o age_n necessary_a material_a of_o salt-petre_n iii_o it_o supply_v the_o nation_n for_o its_o consumption_n with_o pepper_n indigo_n calico_n dnd_o several_a useful_a drug_n near_o the_o value_n of_o 150000_o or_o 180000_o l._n per_fw-la annum_fw-la iu._n it_o furnish_v we_o with_o the_o pepper_n cowry_n long_a cloth_n and_o other_o callicoâ—_n and_o paint_a stuff_n proper_a for_o the_o trade_n of_o turkey_n italy_n spain_n france_n aâ—â—_n guiney_n to_o the_o amount_v of_o 2_o or_o 300000_o l._n per_fw-la annum_fw-la now_o if_o not_o only_o the_o aforesaid_a advantage_n be_v serious_o consider_v but_o also_o whâ—â—_n detriment_n the_o nation_n will_v sustain_v if_o we_o be_v deprive_v of_o those_o supply_v boâ—â—_n in_o point_n of_o strength_n and_o warlike_a provisious_a in_o regard_n of_o ship_n and_o salâ—_n petre_n but_o also_o in_o respect_n of_o the_o furtherance_n it_o give_v to_o many_o other_o trade_n bâ—fore_o mention_v it_o will_v easy_o appear_v that_o this_o trade_n though_o its_o import_v exceed_v its_o export_n be_v the_o most_o advantageous_a trade_n to_o england_n and_o deserve_v all_o encouragement_n for_o be_v we_o to_o buy_v all_o our_o pepper_n and_o callico_n of_o the_o dutch_a they_o will_v raise_v our_o pepper_n which_o now_o stand_v but_o about_o 3d._n per_fw-la pound_n in_o india_n to_o or_o near_o the_o proportion_n which_o they_o have_v advance_v on_o nutmeg_n clouâ—â—_n and_o mace_n which_o cost_v the_o dutch_a not_o much_o more_o per_fw-mi pound_n in_o india_n then_o peâ—per_a since_o they_o engross_v the_o trade_n for_o those_o commodity_n and_o the_o use_n of_o calico_n in_o england_n will_v be_v supply_v by_o foreign_a linen_n at_o great_a price_n so_o thâ—â—_n what_o may_v be_v secure_v for_o this_o nation_n consumption_n will_v in_o all_o probability_n coâ—â—â—_n they_o at_o least_o 400000_o l._n per_fw-la annum_fw-la more_o than_o now_o it_o do_v and_o our_o foreign_a trade_n for_o italy_n and_o guiney_n will_v in_o part_n decay_n for_o want_n of_o the_o afore_o say_v supply_n most_o of_o which_o advantage_n the_o nation_n have_v now_o lose_v by_o have_v this_o trade_n manage_v by_o a_o joint-stock_n and_o be_v never_o like_a to_o recover_v they_o again_o unless_o bâ—_n the_o cheapness_n of_o east-india_n good_n which_o may_v be_v procure_v by_o a_o open_a trade_n and_o can_v scarce_o ever_o be_v attain_v by_o any_o other_o method_n the_o french_a by_o their_o high_a duty_n have_v perfect_o prohibit_v all_o calico_n and_o other_o east-india_n good_n before_o the_o war_n but_o what_o come_v direct_o from_o thence_o on_o their_o own_o ship_n the_o dutch_a import_n so_o large_a quantity_n that_o they_o do_v not_o only_a supâ—â—…_n themselves_o and_o those_o other_o country_n which_o we_o former_o supply_v but_o even_o consumption_n of_o this_o kingdom_n and_o beside_o they_o dane_n portuguese_n and_o geâ—es_n be_v all_o court_v this_o trade_n this_o company_n instead_o of_o employ_v 25_o or_o 30_o of_o the_o most_o warlike_a ship_n and_o of_o port_v 180000_o l._n per_fw-la annum_fw-la in_o pepper_n and_o drug_n and_o export_v again_o 200000_o 300000_o l._n in_o calico_n and_o other_o commodity_n for_o spain_n italy_n etc._n etc._n have_v it_o have_v home_o in_o 3_o or_o 4_o year_n time_n that_o value_n in_o all_o manner_n of_o good_n â—ough_o most_o sort_n of_o east-india_n commodity_n be_v and_o have_v be_v sell_v for_o â—ble_n some_o treble_a and_o four_o time_n as_o much_o as_o former_o and_o for_o salt_n petre_n â—y_a have_v scarce_o have_v any_o home_n of_o late_a so_o that_o for_o want_v thereof_o a_o bill_n be_v now_o â—ought_v into_o parliament_n to_o licence_n the_o import_v of_o it_o from_o holland_n that_o commodity_n be_v now_o sell_v at_o about_o 8_o l._n per_fw-la cent._n which_o be_v former_o sell_v for_o little_o â—ore_o than_o 40_o s._n per_fw-la cent._n and_o its_o observable_a that_o the_o want_n of_o east-india_n good_n not_o occasion_v by_o the_o present_a war_n or_o a_o want_n of_o leave_n to_o send_v out_o ship_n but_o â—_o want_v of_o stock_n to_o lade_v home_o those_o ship_n which_o they_o have_v so_o that_o the_o restrain_v east-india_n trade_n to_o this_o company_n and_o not_o permit_v other_o to_o trade_n thither_o â—_o hinder_v the_o improvement_n of_o it_o and_o in_o a_o manner_n whole_o give_v it_o to_o the_o dutch_a â—o_o never_o have_v so_o great_a cargo_n from_o thence_o as_o they_o have_v have_v now_o of_o late_a what_o remain_v to_o be_v consider_v be_v v._o to_o answer_v some_o popular_a objection_n which_o be_v make_v against_o the_o determition_n of_o this_o company_n and_o the_o manage_n the_o east-india_n trade_n in_o any_o other_o manâ—_n than_o by_o a_o company_n with_o a_o joint-stock_n in_o consider_v which_o objection_n i_o shall_v reduce_v they_o into_o four_o particular_n i._o the_o trade_n will_v be_v spoil_v by_o pay_v dear_a for_o our_o native_a commodity_n â—e_v and_o sell_v they_o cheap_a abroad_o and_o buy_v foreign_a commodity_n dear_a aâ—ad_n and_o sell_v they_o for_o less_o than_o they_o cost_v to_o the_o ruin_n of_o those_o who_o â—ade_v and_o destruction_n of_o the_o trade_n itself_o as_o be_v experience_v by_o the_o open_a â—ade_n former_o when_o the_o indian_n be_v the_o only_a gainer_n and_o beside_o the_o â—â—ch_a will_v run_v away_o with_o all_o the_o trade_n ii_o private_a merchant_n will_v only_o look_v to_o their_o private_a gain_n whereas_o compass_n with_o joint_a stock_n lay_v out_o great_a sum_n of_o money_n without_o any_o present_a proâ—_n only_o upon_o the_o prospect_n of_o future_a improvement_n and_o advantage_n iii_o if_o joint_a stock_n exclusive_a be_v so_o prejudicial_a to_o the_o public_a and_o such_o distagement_n to_o industry_n and_o ingenuity_n how_o come_v any_o joint_a stock_n ever_o to_o establish_v and_o the_o dutch_a to_o manage_v their_o east-india_n trade_n in_o that_o i_fw-mi iu_o fort_n and_o castle_n be_v necessary_a and_o the_o trade_n can_v
be_v carry_v on_o â—â—hout_n they_o and_o they_o can_v be_v maintain_v without_o a_o joint_a stock_n they_o have_v the_o company_n above_o a_o million_o of_o money_n and_o be_v their_o property_n and_o they_o â—ot_n be_v force_v to_o part_v with_o they_o and_o if_o they_o shall_v how_o can_v they_o be_v for_o they_o these_o seem_v to_o be_v the_o most_o considerable_a objection_n which_o have_v occur_v to_o i_o to_o have_v be_v offer_v against_o the_o carry_n on_o the_o east-india_n trade_n by_o a_o regulate_v company_n and_o if_o upon_o examination_n they_o shall_v appear_v to_o be_v of_o no_o weight_n it_o will_v then_o doubtless_o be_v admit_v that_o for_o the_o public_a good_a the_o east-india_n trade_n ought_v not_o to_o be_v carrve_v on_o by_o a_o joint_a stock_n and_o especial_o a_o exclusive_a one_o but_o in_o a_o open_a trade_n by_o a_o company_n of_o merchant_n like_o the_o turkey_n oâ—_n other_o regulate_v company_n first_o objection_n the_o trade_n will_v be_v spoil_v etc._n etc._n the_o author_n himself_o answer_v this_o objection_n in_o p._n 84_o 85_o caveat_n emptor_n say_v he_o let_v particular_a man_n look_v to_o themselves_o and_o so_o doubtless_o they_o will_v in_o those_o trade_n for_o which_o there_o be_v now_o company_n as_o well_o as_o they_o do_v in_o other_o for_o which_o there_o be_v 〈◊〉_d company_n it_o be_v the_o care_n of_o lawmaker_n first_o and_o principal_o to_o provide_v for_o thâ—_n people_n in_o gross_n not_o particular_n and_o if_o the_o consequence_n of_o so_o easy_a a_o admission_n shall_v be_v to_o make_v our_o manufacture_n cheap_a abroad_o and_o foreign_a commodity_n cheap_a here_o as_o be_v allege_v our_o nation_n in_o general_n will_v have_v the_o advantage_n both_o way_n if_o in_o a_o open_a trade_n people_n will_v ruin_v themselves_o by_o trade_v to_o loss_n its_o aâ—_n argument_n the_o trade_n will_v be_v drove_n and_o then_o it_o will_v not_o be_v in_o bâ—_n be_v open_a to_o fall_v into_o the_o hand_n of_o the_o dutch_a which_o its_o very_a likely_a to_o dâ—_n if_o it_o continue_v in_o this_o company_n the_o dutch_a dont_fw-fr desire_n to_o have_v east-india_n good_a sell_v so_o cheap_a here_o to_o ruin_v we_o for_o they_o will_v get_v little_a by_o that_o way_n of_o trading_n the_o charge_n of_o their_o trade_n so_o much_o exceed_v we_o by_o reason_n of_o the_o great_a garrison_n which_o they_o be_v force_v to_o maintain_v to_o secure_v their_o cinnamon_n and_o spice_n trade_n and_o it_o be_v undeniable_o certain_a that_o the_o dutch_a desire_n nothing_o so_o much_o as_o the_o continuant_fw-la of_o this_o company_n nor_o fear_v any_o thing_n more_o than_o a_o regulate_v company_n for_o this_o trade_n this_o objection_n may_v as_o well_o be_v make_v against_o all_o trade_n which_o be_v not_o drive_v by_o joynt-stock_n it_o may_v probable_o happen_v that_o those_o who_o may_v trade_n in_o a_o free_a and_o open_a trade_n under_o a_o regulate_v company_n may_v not_o get_v 2_o or_o 3_o for_o one_o oâ—_n the_o good_n which_o they_o may_v import_v as_o the_o company_n now_o do_v by_o reason_n of_o the_o excessive_a price_n they_o sell_v at_o by_o be_v engross_v into_o one_o hand_n and_o their_o have_v ftarve_v the_o trade_n but_o in_o time_n of_o peace_n may_v get_v 20_o or_o 30_o per_fw-la cent._n only_o and_o they_o will_v be_v very_o well_o content_v to_o get_v no_o more_o which_o small_a profit_n must_v in_o a_o little_a time_n quite_o beat_v the_o dutch_a out_o of_o all_o except_o the_o spice_n trade_n for_o it_o be_v well_o know_v they_o deal_v but_o very_o little_a in_o calico_n and_o other_o manufacture_n till_o the_o price_n of_o east-india_n good_n be_v enhance_v to_o such_o extravagant_a rate_n as_o they_o have_v be_v of_o late_a nor_o do_v they_o or_o we_o get_v so_o much_o on_o those_o good_n former_o when_o a_o large_a trade_n be_v drive_v nor_o can_v the_o profit_n be_v so_o great_a on_o that_o trade_n hereafter_o which_o way_n soever_o it_o shall_v be_v manage_v but_o it_o be_v better_a for_o the_o nation_n to_o have_v 10_o l._n per_fw-la cent._n gain_v on_o 300_o l._n employ_v in_o trade_n then_o to_o have_v but_o 100_o l._n employ_v by_o which_o the_o merchant_n shall_v get_v 30_o l._n per_fw-la cent._n the_o make_v a_o great_a profit_n on_o a_o particular_a trade_n may_v be_v fit_a for_o particular_a man_n to_o consider_v that_o drive_v that_o trade_n but_o be_v never_o yet_o think_v a_o consideration_n worthy_a the_o legislator_n provide_v for_o so_o as_o the_o nation_n in_o general_n get_v by_o the_o trade_n for_o the_o great_a profit_n which_o particular_a man_n may_v make_v be_v for_o the_o most_o part_n direct_o opposite_a to_o the_o interest_n of_o the_o public_a and_o it_o be_v contrary_a to_o the_o author_n maxim_n lay_v down_o in_o p._n 84_o 85_o and_o in_o his_o preface_n as_o be_v already_o observe_v for_o we_o must_v distinguish_v say_v he_o between_o the_o profit_n of_o the_o merchant_n and_o the_o gâ—â—â—_n of_o the_o kingdom_n which_o be_v so_o far_o from_o be_v always_o parallel_n that_o frequency_n they_o run_v counter_a the_o one_o to_o the_o other_o the_o more_o tader_n there_o be_v the_o better_a it_o be_v for_o the_o public_a though_o perhaps_o it_o 〈◊〉_d be_v worse_o for_o the_o private_a merchant_n that_o drive_v those_o trade_n the_o more_o â—ds_n be_v export_v and_o import_v the_o more_o ship_n employ_v the_o more_o custom_n pay_v 〈◊〉_d cheap_a our_o manufacture_n be_v abroad_o and_o the_o great_a the_o consumption_n of_o our_o 〈◊〉_d good_n the_o nation_n in_o general_n will_v have_v the_o advantage_n though_o the_o trader_n may_v 〈◊〉_d and_o the_o cheap_a east-india_n good_n be_v the_o subject_n will_v pay_v the_o less_o what_o be_v consume_v at_o home_n and_o the_o more_o of_o they_o will_v be_v again_o export_v road_n for_o other_o nation_n and_o country_n who_o will_v thereby_o be_v encourage_v to_o trade_n to_o we_o but_o it_o may_v very_o well_o seem_v strange_a that_o the_o cheapness_n of_o commodity_n shall_v be_v â—…de_v a_o argument_n against_o that_o method_n of_o trade_n which_o will_v make_v they_o so_o see_v what_o the_o author_n chiesly_a aim_n at_o in_o his_o treatise_n in_o respect_n of_o all_o other_o trade_n the_o lower_a interest_n and_o make_v ingenuity_n and_o industry_n necessary_a and_o be_v what_o lay_v down_o as_o a_o essential_a maxim_n to_o be_v observe_v which_o will_v enable_v we_o to_o cope_v trade_n with_o our_o neighbour_n and_o especial_o the_o dutch_a and_o yet_o this_o be_v the_o â—…in_a objection_n against_o a_o open_a trade_n to_o the_o east-indies_n by_o a_o regulate_v company_n â—…out_v a_o joint-stock_n but_o this_o when_o it_o be_v consider_v be_v so_o far_o from_o be_v a_o object_n against_o it_o that_o it_o be_v one_o of_o the_o strong_a argument_n which_o can_v be_v use_v for_o it_o it_o be_v one_o of_o those_o general_a rule_n which_o the_o author_n lay_v down_o for_o the_o enlarge_v of_o the_o trade_n of_o england_n in_o fol._n 159._o to_o make_v it_o the_o interest_n of_o other_o nation_n to_o trade_n with_o we_o we_o must_v be_v sure_o say_v he_o to_o furnish_v they_o as_o cheap_a or_o cheap_a than_o any_o other_o nation_n can_v or_o do_v etc._n etc._n â—s_a for_o the_o instance_n that_o it_o have_v already_o be_v find_v by_o experience_n that_o when_o this_o 〈◊〉_d be_v former_o open_a people_n ruin_v themselves_o by_o trade_n to_o loss_n there_o 〈◊〉_d not_o one_o ten_o part_n of_o the_o calico_n and_o other_o east-india_n good_n consume_v there_o be_v now_o and_o have_v be_v of_o late_a year_n and_o if_o that_o be_v a_o objection_n allow_v â—ast_v a_o open_a trade_n for_o the_o east-indies_n it_o will_v likewise_o hold_v against_o any_o trade_n be_v drive_v thither_o because_o that_o there_o be_v former_o a_o loss_n by_o it_o even_o whilst_o trade_n be_v manage_v by_o a_o joint-stock_n as_o well_o as_o there_o be_v when_o it_o be_v open_a as_o appear_v in_o fol._n 41._o of_o that_o treatise_n there_o be_v say_v the_o author_n some_o man_n yet_o live_v who_o do_v remember_v a_o great_a trade_n to_o east-india_n and_o a_o far_o great_a stock_n employ_v therein_o then_o we_o have_v now_o and_o yet_o we_o be_v so_o far_o from_o thrive_a upon_o it_o that_o we_o lose_v by_o it_o and_o can_v never_o 〈◊〉_d our_o principal_a money_n again_o yet_o it_o be_v evident_a by_o the_o author_n opinion_n p._n 148_o 150_o and_o 154._o that_o the_o merâ—t_n may_v loose_v in_o a_o trade_n and_o the_o nation_n still_o gain_v and_o that_o there_o be_v a_o great_a difference_n â—een_n the_o gain_n of_o the_o kingdom_n and_o that_o of_o the_o private_a merchant_n pag._n 148._o say_v he_o if_o our_o trade_n and_o ship_n increase_v how_o small_a or_o slow_a soever_o the_o profit_n
a_o company_n with_o joint-stock_n and_o they_o first_o settle_a themselves_o by_o conquest_n pursue_v dominion_n 〈◊〉_d empire_n and_o be_v under_o a_o necessity_n of_o continue_v their_o trade_n in_o that_o manner_n â—â—â—…gh_v the_o charge_n of_o their_o garrison_n and_o government_n be_v so_o excessive_a that_o noâ—…ing_v but_o the_o spice-trade_n and_o the_o confine_a our_o east-india_n trade_n to_o a_o excusive_a â—â—â—nt_a stock_n can_v have_v hinder_v they_o from_o be_v ruin_v long_o since_o our_o first_o settlement_n in_o the_o east-indies_n be_v by_o trade_n as_o merchant_n and_o must_v 〈◊〉_d by_o a_o fair_a and_o upright_o deal_n with_o the_o native_n a_o just_a and_o punctual_o comply_v 〈◊〉_d in_o our_o bargain_n and_o payment_n there_o by_o preserve_v a_o mutual_a intercourse_n and_o understanding_n with_o they_o for_o we_o have_v no_o territory_n garrison_n or_o castle_n â—â—ich_v afford_v or_o secure_v we_o any_o trade_n but_o such_o as_o we_o may_v as_o well_o nay_o better_o be_v 〈◊〉_d the_o dutch_a east-india_n trade_n and_o their_o government_n be_v so_o interweave_v that_o 〈◊〉_d lessen_v the_o one_o affect_v the_o other_o and_o therefore_o it_o be_v not_o to_o be_v wonder_v 〈◊〉_d they_o shall_v be_v so_o solicitous_a to_o preserve_v and_o increase_v it_o and_o to_o oppose_v any_o 〈◊〉_d which_o may_v seem_v to_o lessen_v it_o iv_o object_n fort_n and_o castle_n be_v so_o necessary_a that_o the_o trade_n can_v be_v carry_v on_o without_o they_o etc._n etc._n their_o fort_n etc._n etc._n be_v such_o as_o be_v to_o be_v regard_v either_o for_o the_o revenue_n arise_v by_o they_o to_o the_o company_n or_o as_o they_o be_v necessary_a to_o carry_v on_o the_o trade_n and_o all_o the_o charge_n which_o have_v be_v disburse_v on_o they_o be_v not_o to_o be_v reckonâ—â—_n as_o their_o cost_n for_o they_o have_v have_v the_o use_n of_o they_o and_o the_o annual_a charge_n ought_v be_v place_v to_o the_o trade_n if_o the_o turkey_n hamburgh_n east-land_n or_o any_o other_o regulate_v company_n of_o merchant_n shall_v make_v a_o account_n of_o all_o the_o charge_n their_o ambassador_n resident_n and_o factory_n since_o their_o first_o foundation_n it_o may_v probable_o in_o some_o of_o those_o company_n exceed_v the_o charge_n of_o the_o east-india_n company_n be_v fort_n etc._n etc._n but_o the_o annual_a trade_n have_v bear_v the_o annual_a charge_n 〈◊〉_d they_o do_v not_o upon_o that_o score_n increase_v the_o charge_n of_o the_o admission_n of_o any_o one_o 〈◊〉_d their_o company_n and_o trade_n if_o their_o fort_n be_v so_o great_a a_o revenue_n as_o they_o pretend_v they_o need_v not_o part_v 〈◊〉_d they_o but_o may_v keep_v they_o and_o have_v home_o the_o annual_a revenue_n from_o thence_o and_o if_o they_o be_v necessary_a to_o carry_v on_o the_o trade_n those_o who_o succeed_v they_o 〈◊〉_d the_o trade_n will_v consider_v the_o necessity_n which_o they_o have_v of_o they_o and_o in_o such_o 〈◊〉_d can_v be_v without_o they_o and_o their_o value_n may_v be_v adjust_v by_o person_n indifferent_o choose_v as_o have_v be_v always_o former_o practify_v upon_o the_o like_a occasion_n 〈◊〉_d the_o money_n may_v be_v raise_v to_o pay_v for_o they_o either_o on_o the_o trade_n as_o all_o imposition_n be_v in_o the_o turkey_n and_o other_o regulate_v company_n or_o pay_v by_o the_o government_n out_o of_o the_o custom_n arise_v by_o the_o trade_n which_o will_v soon_o more_o than_o compensate_a that_o charge_n by_o their_o increase_n the_o fort_n and_o island_n have_v hitherto_o go_v along_o with_o the_o trade_n and_o the_o company_n successor_n have_v be_v account_v those_o who_o have_v succeed_v they_o in_o the_o trade_n and_o therefore_o they_o can_v proper_o be_v call_v their_o freehold_n because_o of_o the_o national_a property_n in_o they_o nor_o can_v they_o if_o they_o will_v sell_v they_o to_o the_o french_a 〈◊〉_d dutch_n as_o they_o pretend_v bombay_n and_o st._n helena_n be_v annex_v to_o the_o crown_n and_o hold_v of_o the_o manor_n of_o east-greenwich_n at_o a_o certain_a quitrent_n neither_o will_v the_o french_a or_o dutch_a buy_v they_o because_o they_o will_v be_v of_o no_o use_n to_o they_o think_v the_o company_n have_v as_o good_a a_o power_n as_o they_o may_v have_v a_o will_n to_o sell_v they_o 〈◊〉_d any_o who_o they_o think_v may_v prejudice_v england_n most_o in_o buy_v they_o but_o it_o show_v a_o great_a deal_n of_o confidence_n as_o well_o as_o ill_a nature_n in_o they_o to_o pretend_v to_o do_v it_o if_o they_o can_v if_o they_o be_v not_o willing_a to_o part_v with_o their_o fort_n let_v they_o see_v who_o they_o will_v hurt_v most_o for_o its_o plain_a the_o trade_n may_v be_v as_o well_o and_o better_o carry_v on_o without_o they_o at_o bengall_n the_o flower_n of_o all_o the_o trade_n of_o india_n we_o never_o have_v a_o fort_n nor_o any_o thing_n like_o it_o and_o yet_o the_o great_a and_o most_o profitable_a part_n of_o the_o east-india_n trade_n have_v be_v from_o thence_o we_o trade_n in_o all_o part_n of_o the_o mogul_n dominion_n with_o as_o much_o security_n as_o any_o foreigner_n do_v in_o london_n and_o this_o be_v demonstrate_v by_o their_o own_o and_o private_a ship_n trade_n in_o many_o other_o place_n where_o they_o have_v no_o fort_n for_o they_o have_v no_o garrison_n in_o any_o place_n where_o they_o have_v a_o trade_n but_o fort_n st._n george_n and_o our_o new_a acquisition_n of_o st._n david_n fort_n and_o there_o they_o may_v have_v the_o same_o trade_n without_o they_o and_o be_v free_v of_o the_o charge_n in_o maintain_v they_o bombay_n be_v a_o good_a harbour_n for_o our_o ship_n but_o afford_v no_o trade_n and_o we_o shall_v have_v the_o same_o benefit_n of_o that_o harbour_n although_o the_o island_n be_v under_o the_o 〈◊〉_d dominion_n if_o we_o have_v peace_n with_o the_o native_n we_o want_v no_o fort_n and_o if_o we_o be_v encourage_v our_o fort_n to_o make_v war_n we_o shall_v soon_o repent_v as_o the_o company_n may_v that_o ever_o have_v any_o and_o on_o that_o consideration_n as_o well_o as_o the_o necessary_a charge_n â—eeping_v they_o it_o have_v be_v well_o for_o this_o nation_n the_o company_n have_v never_o have_v in_o time_n of_o war_n with_o the_o native_n we_o may_v perhaps_o with_o difficulty_n keep_v our_o 〈◊〉_d but_o we_o can_v drive_v our_o trade_n the_o war_n we_o have_v with_o the_o mogul_n have_v be_v 〈◊〉_d proof_n of_o this_o assertion_n their_o fort_n be_v of_o so_o little_a use_n that_o after_o the_o company_n have_v be_v for_o they_o the_o best_a thing_n which_o can_v be_v do_v for_o the_o advantage_n of_o trade_n will_v be_v to_o demolish_v they_o follow_v therein_o the_o example_n of_o the_o dutch_a who_o have_v late_o demolish_a pollicate_a a_o fortification_n which_o they_o have_v fort_n st._n george_n and_o of_o great_a strength_n than_o any_o we_o have_v in_o india_n and_o 〈◊〉_d be_v the_o only_a fort_n they_o have_v in_o all_o the_o mogul_n dominion_n and_o thereby_o our_o 〈◊〉_d will_v be_v free_v of_o all_o the_o great_a and_o unnecessary_a charge_n of_o maintain_v and_o we_o shall_v be_v better_o secure_v by_o a_o entire_a dependence_n on_o the_o mogul_n action_n fort_n and_o castle_n be_v of_o any_o use_n in_o india_n it_o can_v only_o be_v in_o the_o count_n 〈◊〉_d of_o small_a prince_n but_o they_o can_v never_o be_v of_o any_o use_n in_o the_o mogul_n dominion_n be_v one_o of_o the_o great_a prince_n in_o all_o the_o world_n and_o if_o fort_n etc._n etc._n be_v ne_fw-fr 〈◊〉_d they_o may_v be_v maintain_v by_o a_o regulate_v company_n of_o merchant_n as_o well_o as_o company_n with_o a_o joint-stock_n â—hat_n i_o have_v already_o observe_v i_o hope_v may_v suffice_v to_o show_v that_o the_o east-india_n may_v be_v carry_v on_o by_o a_o regulate_v company_n like_o the_o turkey_n and_o hamborough_n many_n and_o that_o such_o a_o constitution_n will_v tend_v most_o to_o the_o increase_a hand_n â—â—ock_v in_o trade_n and_o the_o encourage_v industry_n and_o ingenuity_n will_v be_v most_o 〈…〉_o tagious_a to_o the_o public_a and_o which_o according_a to_o the_o author_n own_o opinion_n in_o all_o other_o trade_n and_o therefore_o may_v be_v suppose_v to_o be_v so_o in_o this_o and_o be_v 〈◊〉_d method_n to_o enable_v this_o nation_n to_o cope_v therein_o with_o our_o neighbour_n special_o the_o dutch_a and_o to_o hinder_v their_o engross_a that_o whole_a trade_n and_o author_n must_v either_o disapprove_v the_o present_a method_n of_o manage_v the_o east-trade_n with_o a_o joint-stock_n exclusive_a or_o must_v give_v better_a reason_n for_o it_o than_o his_o own_o assert_v that_o it_o seem_v evident_a to_o he_o that_o it_o ought_v for_o the_o public_a good_a carry_v on_o in_o that_o manner_n or_o else_o he_o must_v proclaim_v to_o the_o world_n that_o his_o private_a interest_n be_v concern_v he_o can_v and_o will_v contradict_v himself_o 〈◊〉_d the_o design_n of_o this_o discourse_n be_v only_o to_o show_v that_o the_o east-india_n trade_n may_v 〈◊〉_d to_o much_o great_a advantage_n to_o the_o public_a by_o a_o regulate_v company_n of_o 〈◊〉_d than_o by_o a_o company_n with_o a_o joint-stock_n so_o what_o i_o have_v mention_v of_o the_o a_o trade_n have_v only_o be_v occasional_a because_o the_o author_n have_v join_v the_o east_n in-trade_n and_o that_o together_o when_o he_o say_v fol._n 81._o it_o seem_v evident_a to_o i_o that_o the_o 〈◊〉_d of_o those_o trade_n aught_o for_o the_o public_a good_a to_o be_v manage_v by_o joint-stock_n if_o be_v the_o subject_a of_o this_o discourse_n to_o have_v show_v that_o the_o guinea_n trade_n ought_v 〈◊〉_d public_a good_a to_o be_v manage_v by_o a_o regulate_v company_n of_o merchant_n rather_o 〈◊〉_d a_o company_n with_o a_o joint-stock_n there_o may_v have_v be_v much_o more_o say_v to_o 〈◊〉_d but_o what_o have_v be_v observe_v concern_v the_o east-india_n trade_n may_v i_o supconvince_v any_o imprejudiced_a person_n who_o judgement_n be_v not_o bias_v by_o his_o own_o interest_n regulate_v company_n shall_v be_v think_v by_o the_o wisdom_n of_o the_o 〈◊〉_d 〈◊〉_d â—â—gement_n of_o the_o east-india_n trade_n its_o nor_o doubt_v but_o it_o will_v be_v settle_v in_o 〈◊〉_d method_n and_o that_o some_o provision_n will_v be_v make_v in_o such_o man_n aâ—_n shall_v be_v the_o most_o 〈◊〉_d to_o prevent_v the_o company_n divide_v ill_a or_o more_o than_o their_o 〈◊〉_d until_o they_o have_v pay_v the_o debt_n they_o owe_v in_o india_n that_o so_o the_o english_a nation_n not_o hereafter_o suffer_v for_o their_o embroil_n consider_v how_o small_a a_o trade_n the_o east-india_n company_n have_v drive_v for_o several_a yeâ—â—_n and_o how_o great_a the_o dutch_a there_o be_v a_o necessity_n of_o some_o speedy_a resolution_n in_o matter_n i_o shall_v conclude_v therefore_o this_o discourse_n as_o the_o author_n do_v his_o 〈◊〉_d with_o a_o very_a small_a alteration_n i_o think_v no_o true_a englishmen_n will_v deny_v that_o season_n cry_v aloud_o to_o we_o to_o be_v up_o and_o do_v before_o our_o field_n become_v 〈◊〉_d cupy_v and_o before_o the_o dutch_a get_v too_o much_o the_o whiphand_n of_o we_o who_o such_o a_o case_n be_v they_o free_v from_o their_o french_a fear_n which_o they_o labour_v uâ—_n at_o present_a i_o fear_v we_o shall_v find_v as_o severe_a task_n master_n as_o ever_o the_o athâ—â—_n be_v to_o the_o lesser_a trade_a city_n of_o greece_n neither_o be_v the_o dutch_a the_o only_a neighbour_n we_o have_v for_o carrival_n in_o tâ—â—_n but_o the_o french_a king_n and_o king_n of_o sweden_n be_v now_o as_o active_a circumspect_a dustrlous_a and_o perspective_n too_o in_o this_o affair_n and_o have_v and_o be_v order_v the_o as_o prudent_o for_o promote_a thereof_o as_o the_o dutch_a themselves_o there_o be_v nothing_o can_v be_v say_v for_o public_a good_a but_o will_v cross_v the_o partiâ—â—_n end_v as_o well_o as_o opinion_n of_o many_o private_a person_n and_o still_o the_o more_o be_v say_v more_o be_v disoblige_v but_o my_o duty_n to_o my_o country_n overcome_v those_o câ—â—_n deration_n i_o have_v adventure_v this_o second_o time_n to_o expose_v my_o conception_n public_a censure_n with_o this_o confidence_n that_o after_o these_o principle_n have_v sufâ—â—_n the_o accustomary_a persecution_n of_o tongue_n and_o pen_n natural_o and_o con_v accompany_v all_o new_a proposal_n they_o will_v at_o length_n or_o something_o very_o then_o come_v to_o be_v general_o receive_v and_o honour_v with_o the_o public_a saâ—â—_n concern_v the_o time_n whereof_o i_o be_o not_o careful_a but_o for_o my_o country_n i_o can_v wish_v it_o may_v be_v shorten_v finis_fw-la london_n print_v for_o richard_n baldwin_n near_o the_o oxford_n arm_n inn_n