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england_n act_n king_n power_n 3,247 5 5.0875 4 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A46717 The Argument of the Lord Chief Justice of the Court of King's Bench concerning the great case of monopolies, between the East-India Company, plantiff, and Thomas Sandys, defendant wherein their patent for trading to the East-Indies, exclusive of all others, is adjudged good. Jeffreys, George Jeffreys, Baron, 1644 or 5-1689.; Sandys, Thomas.; England and Wales. Court of King's Bench.; East India Company. 1689 (1689) Wing J526; ESTC R17792 37,073 36

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the_o argument_n of_o the_o lord_n chief_z justice_z of_o the_o court_n of_o king_n bench_n concern_v the_o great_a case_n of_o monopoly_n between_o the_o east_n india_n company_n plaintiff_n and_o thomas_n sandys_n defendant_n wherein_o their_o patent_n for_o trade_n to_o the_o east-indies_n exclusive_a of_o all_o other_o be_v adjudge_v good_a enter_v trin._n 35_o car._n 2._o b._n r._n rot._n 126._o and_o adjudge_v termino_fw-la s._n hilar._n annis_fw-la 36_o &_o 37_o car._n 2._o &_o primo_n jac._n 2._o london_n print_v and_o be_v sell_v by_o randal_n taylor_n near_o stationers-hall_n mdclxxxix_o the_o publisher_n to_o the_o reader_n to_o commend_v this_o argument_n i_o will_v not_o undertake_v because_o of_o the_o author_n but_o yet_o i_o may_v tell_v you_o what_o be_v tell_v i_o that_o it_o be_v worthy_a any_o gentleman_n perusal_n for_o the_o subject_n be_v of_o concern_v to_o the_o public_a in_o general_n and_o to_o every_o individual_a man_n in_o the_o kingdom_n either_o immediate_o or_o by_o consequence_n since_o trade_n be_v the_o life_n of_o a_o nation_n and_o all_o man_n be_v trader_n either_o by_o themselves_o or_o other_o the_o consequence_n of_o it_o be_v strength_n wealth_n and_o employment_n to_o all_o sort_n of_o people_n whatsoever_o and_o that_o and_o nothing_o but_o that_o can_v secure_v the_o peace_n of_o the_o country_n it_o employ_v both_o rich_a and_o poor_a and_o keep_v all_o from_o idleness_n and_o so_o prevent_v ill_a man_n from_o disturb_v the_o government_n by_o treason_n or_o the_o subject_a by_o felony_n both_o which_o be_v most_o frequent_a when_o trade_n be_v dull_a and_o man_n be_v idle_a when_o the_o exchange_n be_v thin_a and_o shop_n be_v empty_a it_o will_v be_v a_o endless_a task_n to_o recount_v the_o desolation_n and_o ruin_n that_o have_v happen_v to_o state_n and_o kingdom_n by_o sloth_n luxury_n idleness_n and_o the_o neglect_n of_o commerce_n and_o the_o prodigious_a benefit_n that_o have_v accrue_v to_o several_a country_n by_o the_o contrary_a and_o to_o our_o own_o in_o particular_a and_o the_o vigilant_a care_n and_o zeal_n which_o wise_a king_n prince_n and_o other_o sovereign_a potentate_n have_v always_o have_v and_o use_v for_o the_o countenance_n and_o promotion_n of_o traffic_n within_o their_o respective_a territory_n that_o foreign_a trade_n be_v of_o absolute_a necessity_n and_o infinite_a advantage_n to_o england_n be_v as_o apparent_a as_o that_o we_o be_v a_o island_n peculiar_o adapt_v and_o prepare_v for_o it_o by_o nature_n herself_o insomuch_o that_o ship_n which_o at_o first_o be_v a_o invention_n of_o the_o deity_n for_o the_o use_v of_o noah_n and_o his_o family_n seem_v a_o blessing_n design_v most_o particular_o for_o we_o to_o render_v we_o sociable_a with_o the_o inhabitant_n of_o foreign_a country_n that_o we_o may_v borrow_v of_o their_o necessity_n and_o vent_v our_o own_o superfluity_n to_o they_o instead_o of_o it_o and_o so_o maintain_v a_o correspondence_n with_o all_o the_o habitable_a world._n that_o foreign_a commerce_n can_v be_v advantageous_o maintain_v without_o society_n institute_v for_o that_o purpose_n be_v sufficient_o manifest_v to_o all_o considerate_a man_n from_o the_o policy_n of_o other_o law_n abroad_o which_o establish_v they_o and_o from_o the_o provision_n of_o our_o own_o which_o allow_v and_o protect_v they_o and_o from_o the_o necessity_n of_o the_o thing_n itself_o as_o appear_v by_o the_o vast_a charge_n in_o intelligence_n factor_n castle_n fort_n man_n arm_n etc._n etc._n and_o the_o wise_a conduct_n requisite_a for_o the_o support_n of_o such_o a_o commerce_n which_o without_o the_o unite_a aid_n of_o a_o considerable_a number_n of_o understand_a merchant_n upon_o a_o considerable_a stock_n must_v necessary_o be_v obnoxious_a to_o the_o grow_a encroachment_n of_o neighbour_a country_n which_o use_v the_o policy_n of_o settle_a company_n and_o to_o the_o other_o mischievous_a casualty_n that_o may_v daily_o happen_v through_o the_o indiscretion_n and_o rashness_n and_o other_o weakness_n in_o stock_n or_o conduct_n of_o particular_a individual_a person_n exercise_v such_o traffic_n as_o for_o the_o east-india_n company_n they_o support_v the_o crown_n by_o the_o incredible_a custom_n which_o be_v yearly_o pay_v by_o it_o they_o bear_v a_o considerable_a proportion_n of_o public_a and_o necessary_a subsidy_n they_o enrich_v the_o nation_n by_o their_o importation_n they_o convert_v infidel_n or_o at_o least_o civilize_v they_o and_o make_v they_o more_o humane_a by_o their_o correspondency_n they_o employ_v vast_a number_n of_o poor_a people_n they_o negotiate_v vast_a sum_n of_o private_a person_n money_n which_o will_v otherwise_o lie_v dead_a or_o useless_a they_o educate_v and_o breed_v vast_a number_n of_o sea_n man_n for_o the_o service_n of_o war_n they_o build_v and_o employ_v vessel_n of_o great_a burden_n useful_a to_o the_o crown_n and_o public_a upon_o emergent_a occasion_n their_o naval_a force_n be_v part_n of_o the_o defence_n of_o the_o kingdom_n their_o trade_n fleet_n be_v both_o the_o glory_n and_o riches_n of_o the_o nation_n they_o have_v improve_v and_o do_v maintain_v the_o spirit_n of_o commerce_n to_o that_o degree_n as_o preserve_v the_o balance_n of_o trade_n between_o we_o and_o our_o neighbour_n in_o its_o just_a proportion_n which_o company_n be_v it_o dissolve_v their_o trade_n and_o strength_n will_v increase_v and_o we_o decay_n and_o we_o shall_v be_v reduce_v to_o our_o primitive_a state_n of_o self-subsistance_n and_o our_o merchant_n now_o the_o pride_n of_o england_n and_o the_o envy_n of_o the_o world_n must_v become_v domestic_a pedlar_n for_o a_o home_n ignoble_a traffic_n from_o city_n to_o town_n and_o from_o town_n to_o ville_n &_o sic_fw-la retrorsum_fw-la for_o these_o reason_n be_v the_o ensue_a argument_n publish_v the_o argument_n of_o the_o lord_n chief_a justice_n jeffreys_n concern_v the_o great_a case_n of_o monopoly_n plea_n i._o defendant_n demand_v oyer_n of_o the_o letter_n patent_n which_o be_v set_v forth_o in_o haec_fw-la verba_fw-la in_o which_o as_o it_o have_v be_v observe_v the_o penalty_n of_o forfeiture_n of_o ship_n and_o good_n one_o moiety_n to_o the_o king_n and_o the_o other_o to_o the_o company_n and_o imprisonment_n be_v omit_v ii_o there_o be_v also_o a_o clause_n that_o the_o company_n may_v licence_n stranger_n or_o other_o and_o that_o the_o king_n will_v not_o without_o the_o consent_n of_o the_o company_n give_v licence_n etc._n etc._n iii_o that_o none_o shall_v have_v a_o vote_n in_o the_o general_n assembly_n but_o he_o that_o have_v 500_o l._n stock_n iu._n and_o there_o be_v another_o clause_n which_o have_v not_o be_v mention_v by_o the_o council_n on_o either_o side_n that_o if_o it_o shall_v hereafter_o appear_v to_o his_o majesty_n or_o his_o successor_n that_o that_o grant_v or_o the_o continuance_n thereof_o shall_v not_o be_v profitable_a to_o his_o majesty_n his_o heir_n and_o successor_n or_o to_o this_o realm_n that_o after_o three_o year_n warning_n under_o the_o privy_a seal_n or_o sign_n manuel_n the_o same_o shall_v be_v utter_o void_a for_o plea_n the_o defendant_n say_v by_o a_o act_n of_o parliament_n make_v 15_o e._n 3._o it_o be_v enact_v that_o the_o sea_n shall_v be_v open_a for_o all_o merchant_n to_o pass_v with_o their_o merchandize_n where_o they_o please_v and_o that_o the_o defendant_n by_o virtue_n of_o that_o act_n and_o according_a to_o the_o common_a law_n of_o england_n do_v traffic_n within_o those_o place_n mention_v in_o the_o declaration_n without_o any_o licence_n and_o against_o the_o will_n of_o the_o company_n as_o the_o plaintiff_n have_v declare_v prout_fw-la ei_fw-la bene_fw-la licuit_fw-la plaintiff_n demur_n in_o the_o debate_n of_o this_o case_n at_o the_o bar_n there_o be_v several_a matter_n discourse_v of_o but_o at_o length_n by_o the_o consent_n of_o both_o side_n as_o i_o apprehend_v the_o case_n be_v resolve_v into_o these_o two_o point_n i._o whether_o these_o letter_n patent_n give_v or_o grant_v licence_n or_o liberty_n to_o the_o plaintiff_n to_o exercise_v the_o sole_a trade_n to_o the_o indies_n within_o the_o limit_n of_o their_o grant_n with_o prohibition_n to_o all_o other_o be_v good_a in_o law._n ii_o admit_v the_o grant_v good_a whether_o this_o action_n be_v maintainable_a for_o the_o plaintiff_n now_o to_o let_v i_o into_o the_o debate_n of_o these_o two_o point_n i_o think_v not_o amiss_o to_o remember_v some_o thing_n that_o have_v be_v mention_v by_o the_o counsel_n that_o i_o think_v be_v no_o way_n in_o question_n i._o at_o this_o time_n i_o conceive_v therefore_o that_o whether_o the_o king_n may_v prohibit_v his_o subject_n from_o go_v beyond_o the_o sea_n by_o writ_n or_o otherwise_o by_o his_o absolute_a prerogative_n without_o give_v any_o reason_n be_v not_o the_o question_n nor_o sure_o be_v it_o ever_o think_v a_o question_n till_o it_o be_v late_o stir_v at_o
his_o reign_n lord_n chancellor_n finch_n be_v attorney_n and_o my_o lord_n keeper_n that_o now_o be_v solicitor_n he_o confirm_v this_o charter_n and_o grant_v to_o the_o east-india_n company_n other_o privilege_n by_o a_o other_o charter_n in_o the_o 28_o year_n of_o his_o reign_n at_o which_o time_n the_o lord_n keeper_n be_v attorney_n and_o sir_n william_n jones_n solicitor_n he_o confirm_v the_o former_a and_o grant_v more_o privilege_n and_o in_o the_o 25_o year_n of_o his_o reign_n by_o the_o charter_n now_o in_o question_n pass_v with_o the_o approbation_n of_o the_o present_a attorney_n and_o solicitor_n man_n of_o great_a ability_n in_o their_o profession_n and_o of_o who_o be_v they_o not_o present_a i_o shall_v say_v much_o more_o the_o charter_n to_o this_o company_n be_v confirm_v with_o additional_a privilege_n nor_o have_v this_o charter_n pass_v only_o the_o approbation_n of_o his_o majesty_n and_o council_n since_o his_o happy_a restauration_n but_o the_o parliament_n have_v likewise_o take_v notice_n of_o it_o the_o statute_n 14_o car._n 2._o cap._n 24._o take_v notice_n of_o it_o to_o be_v of_o great_a advantage_n to_o the_o public_a the_o stat._n of_o the_o 29_o of_o this_o king_n for_o pole-money_n tax_n they_o at_o twenty_o shilling_n for_o every_o hundred_o pound_n in_o stock_n in_o the_o great_a case_n between_o skinner_n and_o the_o east-india_n company_n the_o house_n of_o commons_o defend_v they_o even_o to_o a_o eruption_n between_o the_o two_o house_n mr._n jenks_n and_o some_o other_o linendrapers_n and_o tradesman_n of_o london_n take_v the_o advantage_n of_o the_o heat_n that_o too_o frequent_o possess_v the_o house_n of_o commons_o of_o late_a year_n especial_o against_o the_o point_n of_o prerogative_n do_v furious_o attack_v the_o east-india_n company_n but_o without_o any_o success_n and_o this_o company_n be_v never_o assault_v in_o westminster_n hall_n till_o this_o case_n at_o the_o bar_n i_o can_v help_v therefore_o this_o observation_n that_o as_o the_o king_n by_o his_o charter_n 1661._o take_v notice_n that_o the_o charter_n grant_v by_o queen_n elizabeth_n and_o king_n james_n remain_v uninterrupted_a till_o the_o late_a rebellion_n so_o the_o interloper_n against_o the_o king_n prerogative_n in_o this_o particular_a and_o the_o horrid_a conspirator_n against_o the_o king_n life_n in_o this_o last_o hellish_a conspiracy_n first_o appear_v in_o westminster-hall_n about_o the_o same_o time_n as_o to_o the_o objection_n i_o have_v not_o yet_o give_v answer_n to_o i_o think_v they_o be_v but_o few_o my_o lord_n coke_n opinion_n cite_v by_o mr._n pollexfen_n 2_o instit._fw-la 540._o where_o my_o lord_n observe_v new_a thing_n which_o with_o fair_a pretence_n prove_v hurtful_a to_o the_o commonwealth_n and_o among_o they_o reckon_v that_o new_a corporation_n trade_v into_o foreign_a part_n and_o at_o home_n which_o under_o the_o fair_a pretence_n of_o order_n and_o government_n in_o conclusion_n tend_v to_o the_o hindrance_n of_o trade_n and_o traffic_n and_o in_o the_o end_n produce_v monopoly_n do_v not_o at_o all_o concern_v the_o case_n at_o the_o bar_n for_o this_o charter_n that_o have_v continue_v for_o one_o hundred_o year_n without_o any_o interruption_n till_o of_o late_a can_v neither_o be_v think_v a_o new_a corporation_n or_o hindrance_n of_o trade_n and_o sir_n edward_n coke_n when_o he_o be_v attorney_n general_n and_o past_o this_o charter_n be_v as_o learned_a in_o the_o law_n as_o he_o be_v when_o he_o publish_v that_o book_n and_o be_v turn_v out_o of_o be_v chief_a justice_n do_v not_o think_v this_o charter_n need_v that_o caution_n as_o to_o the_o case_n of_o the_o canary_n patent_n between_o horn_n and_o ivy_n that_o can_v affect_v the_o case_n at_o the_o bar._n i._o for_o first_o the_o judgement_n in_o that_o case_n be_v give_v upon_o the_o point_n of_o plead_v and_o not_o upon_o the_o validity_n of_o the_o patent_n ii_o that_o patent_n be_v in_o perfect_a opposition_n to_o that_o statute_n 3_o jac._n that_o open_v a_o free_a trade_n to_o spain_n and_o therefore_o can_v not_o be_v restrain_v by_o the_o king_n letter_n patent_n but_o there_o be_v no_o such_o objection_n to_o our_o case_n the_o council_n that_o argue_v for_o the_o defendant_n seem_v to_o allow_v the_o charter_n to_o the_o virginia_n turkey_n and_o eastland_n company_n which_o be_v exclusive_a of_o other_o to_o be_v good_a because_o they_o be_v manage_v by_o a_o regulation_n and_o not_o a_o joint_a stock_n which_o sure_o can_v make_v no_o difference_n for_o it_o be_v a_o grant_n of_o a_o sole_a trade_n to_o they_o exclusive_a of_o other_o as_o well_o as_o the_o case_n at_o the_o bar_n and_o it_o be_v as_o hard_a to_o get_v into_o the_o turkey_n company_n as_o it_o be_v into_o this_o and_o may_v be_v more_o chargeable_a for_o you_o can_v be_v a_o member_n of_o the_o turkey_n company_n but_o you_o must_v be_v a_o freeman_n of_o the_o city_n of_o london_n and_o make_v you_o liable_a to_o all_o the_o great_a office_n of_o charge_n in_o that_o government_n but_o a_o freedom_n of_o the_o east-india_n company_n may_v be_v purchase_v at_o a_o much_o easy_a rate_n the_o member_n of_o the_o east-india_n company_n be_v as_o visible_a as_o those_o of_o the_o turkey_n and_o though_o it_o be_v say_v the_o east-india_n company_n be_v sometime_o invisible_a yet_o be_v the_o turkey_n company_n infect_v with_o so_o many_o interloper_n as_o the_o east-india_n company_n have_v they_o will_v not_o appear_v so_o glorious_a and_o spendid_a as_o they_o now_o do_v and_o as_o i_o hearty_o wish_v they_o may_v long_o continue_v but_o the_o king_n by_o this_o charter_n have_v reserve_v to_o himself_o a_o power_n to_o destroy_v and_o alter_v the_o whole_a charter_n or_o any_o part_n thereof_o so_o as_o to_o put_v it_o into_o a_o way_n of_o regulation_n instead_o of_o a_o joint-stock_n in_o such_o manner_n as_o he_o shall_v in_o his_o great_a wisdom_n think_v 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