Selected quad for the lemma: england_n
Text snippets containing the quad
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Corrected Date of Publication (TCP Date of Publication) |
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A37163
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An essay on the East-India-trade by the author of The essay upon wayes and means.
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Davenant, Charles, 1656-1714.
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1696
(1696)
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Wing D307; ESTC R7736
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21,681
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62
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annual_a income_n of_o the_o kingdom_n and_o i_o think_v the_o contrary_n be_v capable_a of_o no_o clear_a demonstration_n the_o legislative_a power_n ought_v to_o proceed_v with_o much_o caution_n in_o any_o matter_n relate_v to_o it_o whatever_o country_n can_v be_v in_o the_o full_a and_o undisputed_a possession_n of_o it_o will_v give_v law_n to_o all_o the_o commercial_n world_n shall_v we_o quit_v the_o hold_v we_o have_v in_o india_n and_o abandon_v the_o traffic_n our_o neighbour_n the_o dutch_a will_v undoubted_o engross_v the_o whole_a and_o if_o to_o their_o naval_a strength_n in_o europe_n such_o a_o foreign_a strength_n and_o wealth_n be_v add_v england_n must_v hereafter_o be_v content_v to_o trade_n by_o their_o protection_n and_o under_o their_o banner_n as_o war_n do_v vary_v all_o the_o circumstance_n of_o trade_n alter_v its_o channel_n give_v it_o to_o one_o people_n and_o take_v it_o from_o another_o so_o in_o season_n of_o war_n it_o be_v by_o no_o mean_n proper_a nor_o adviseable_a to_o embrace_v new_a council_n in_o relation_n to_o it_o nor_o can_v we_o then_o take_v any_o true_a measure_n or_o make_v any_o right_n and_o sound_v judgement_n about_o it_o the_o scarcity_n of_o money_n in_o a_o long_a war_n make_v any_o exportation_n of_o bullion_n think_v a_o great_a grâ—evance_n of_o which_o in_o quiet_a time_n we_o shall_v not_o be_v sensible_a in_o the_o same_o manner_n the_o interruption_n of_o any_o manufacture_n though_o never_o so_o prejudicial_a to_o the_o kingdom_n be_v grievous_a in_o a_o time_n of_o war_n when_o business_n be_v scarce_o and_o trading_n dull_a but_o in_o a_o time_n of_o peace_n and_o full_a employment_n these_o hand_n can_v shift_v from_o one_o work_n to_o another_o without_o any_o great_a prejudice_n to_o themselves_o or_o the_o public_a there_o have_v be_v for_o three_o year_n last_o pass_v a_o great_a want_n of_o east-india_n good_n and_o there_o happen_v of_o late_a a_o great_a call_n for_o the_o woollen_a manufacture_n and_o indeed_o for_o all_o the_o product_n of_o england_n some_o unthinking_a person_n grow_v present_o to_o imagine_v that_o the_o want_n of_o east-india_n good_n and_o no_o other_o reason_n have_v bring_v the_o woollen_a manufacture_n into_o request_n and_o increase_v its_o consumption_n from_o whence_o very_o many_o have_v begin_v to_o argue_v and_o infer_v that_o the_o east-india_n trade_n be_v and_o always_o be_v prejudicial_a to_o the_o kingdom_n but_o the_o sudden_a call_v which_o be_v then_o for_o all_o kind_n of_o english_a commodity_n as_o well_o as_o the_o woollen_a manufacture_n viz._n lead_v tin_n leather_n butter_n cheese_n tallow_n etc._n etc._n do_v not_o proceed_v from_o the_o want_n of_o east-india_n good_n but_o indeed_o from_o the_o posture_n of_o the_o exchange_n abroad_o the_o ill_a condition_n of_o our_o silver_n coin_n and_o the_o high_a price_n guineas_n be_v bring_v to_o for_o we_o plain_o see_v this_o great_a demand_n both_o abroad_o and_o at_o home_o for_o our_o good_n do_v cease_v now_o guineas_n be_v lower_v and_o the_o coin_n be_v alter_v my_o lord_n it_o have_v be_v too_o often_o the_o fault_n of_o english_a council_n to_o determine_v rash_o of_o the_o most_o important_a matter_n and_o with_o submission_n to_o better_a judgement_n i_o doubt_v it_o may_v be_v of_o very_o dangerous_a consequence_n at_o this_o time_n to_o meddle_v with_o or_o give_v any_o disturbance_n to_o a_o settle_a traffic_n the_o concern_v of_o wool_n be_v without_o doubt_n to_o be_v take_v care_n of_o but_o not_o so_o as_o upon_o that_o account_n to_o slight_v all_o our_o foreign_a interest_n the_o east-india_n company_n have_v be_v for_o a_o long_a time_n look_v upon_o with_o a_o evil_a eye_n by_o some_o people_n because_o there_o have_v former_o be_v ill_a management_n in_o their_o affair_n and_o for_o that_o some_o of_o their_o good_n be_v think_v to_o hinder_v the_o consumption_n of_o our_o own_o manufacture_n and_o because_o it_o be_v see_v what_o silver_n they_o real_o carry_v out_o and_o not_o enough_o consider_v what_o bullion_n their_o effect_n bring_v hither_o in_o return_n some_o person_n without_o door_n either_o bribe_v by_o the_o dutch_a or_o to_o flatter_v that_o interest_n profess_v themselves_o open_a enemy_n to_o the_o traffic_n in_o general_n other_o through_o inadvertency_n and_o for_o want_v of_o examine_v the_o bottom_n of_o thing_n give_v into_o their_o notion_n and_o other_o join_v with_o they_o out_o of_o immoderate_a zeal_n to_o promote_v the_o woollen_a manufacture_n so_o that_o any_o discern_a man_n may_v see_v that_o the_o utter_a ruin_n of_o this_o trade_n and_o its_o entire_a loss_n to_o england_n will_v be_v compass_v unless_o the_o king_n assist_v by_o the_o legislative_a power_n out_o of_o his_o fatherly_a love_n to_o his_o people_n interpose_v with_o his_o wisdom_n in_o the_o matter_n one_o of_o the_o principal_a danger_n now_o of_o take_v new_a council_n about_o it_o be_v that_o in_o a_o time_n of_o war_n if_o by_o any_o false_a step_n and_o measure_n we_o shall_v lose_v ground_n in_o india_n neither_o our_o condition_n nor_o the_o nature_n of_o our_o present_a alliance_n with_o the_o dutch_a will_v permit_v we_o to_o assert_v our_o right_n in_o those_o part_n by_o force_n of_o arms._n and_o if_o we_o shall_v come_v so_o to_o lose_v our_o hold_n in_o india_n as_o not_o to_o trade_n thither_o at_o all_o or_o but_o weak_o and_o precarious_o i_o will_v venture_v to_o affirm_v and_o i_o hope_v your_o lordship_n will_v remember_v hereafter_o this_o prediction_n of_o i_o that_o england_n will_v thereby_o lose_v half_a its_o foreign_a business_n for_o all_o trade_n have_v a_o mutual_a dependence_n one_o upon_o the_o other_o and_o one_o beget_v another_o and_o the_o loss_n of_o one_o frequent_o lose_v half_o the_o rest_n by_o carry_v to_o other_o place_n the_o commodity_n bring_v from_o india_n we_o every_o where_o enlarge_v our_o commerce_n and_o bring_v home_o a_o great_a overbalance_n either_o in_o foreign_a good_n or_o in_o bullion_n in_o holland_n we_o exchange_v our_o wrought_a silk_n calico_n etc._n etc._n for_o their_o spice_n by_o indian_a good_n we_o can_v purchase_v at_o a_o better_a rate_n in_o germany_n the_o linen_n of_o silesia_n saxony_n and_o bohemia_n in_o time_n of_o peace_n we_o do_v and_o may_v again_o traffic_n with_o france_n for_o our_o india_n good_n against_o the_o thing_n of_o luxury_n which_o will_v always_o be_v bring_v from_o thence_o and_o thereby_o we_o may_v bring_v the_o balance_n more_o of_o our_o side_n between_o we_o and_o that_o kingdom_n and_o my_o lord_n there_o be_v a_o peace_n now_o in_o agitation_n between_o we_o and_o france_n the_o wisdom_n of_o the_o state_n perhaps_o may_v think_v fit_a to_o insist_v as_o a_o article_n that_o the_o prohibition_n of_o our_o east-india_n good_n may_v be_v take_v off_o in_o france_n and_o if_o that_o can_v be_v obtain_v it_o will_v put_v the_o trade_n of_o england_n with_o that_o kingdom_n upon_o much_o a_o more_o equal_a foot_n as_o to_o spain_n and_o the_o straits_n and_o part_n within_o the_o straits_n etc._n etc._n it_o be_v apparent_a that_o a_o large_a share_n of_o the_o bullion_n return_v hither_o from_o thence_o do_v proceed_v from_o the_o sale_n there_o of_o calico_n pepper_n and_o other_o east-india_n good_n consume_v in_o those_o part_n and_o also_o buy_v up_o by_o the_o spaniard_n for_o their_o own_o and_o the_o consumption_n of_o their_o plantation_n in_o america_n it_o be_v hope_v my_o lord_n the_o forego_n argument_n have_v sufficient_o prove_v that_o this_o traffic_n in_o general_n be_v beneficial_a to_o the_o nation_n i_o shall_v now_o proceed_v to_o deliver_v my_o opinion_n concern_v the_o bill_n for_o prohibit_v the_o wear_v all_o east-india_n and_o persia_n wrought_v silk_n bengal_n and_o die_v print_v or_o stain_v calico_n which_o be_v the_o second_o point_n i_o propose_v to_o handle_v they_o who_o promote_v this_o bill_n do_v it_o as_o be_v presume_v upon_o the_o follow_a ground_n and_o reason_n first_o they_o believe_v such_o a_o prohibition_n will_v advance_v the_o consumption_n of_o wool_n and_o the_o woollen_a manufacture_n second_o they_o think_v it_o will_v advance_v the_o silk_n and_o linen_n manufacture_n of_o england_n three_o they_o imagine_v such_o a_o prohibition_n may_v be_v make_v by_o act_n of_o parliament_n without_o ruin_n to_o the_o traffic_n in_o general_n these_o three_o point_n my_o lord_n i_o shall_v endeavour_v to_o examine_v and_o state_n fair_o before_o your_o lordship_n and_o i_o shall_v discourse_v of_o the_o east-india_n trade_n first_o as_o it_o have_v relation_n to_o the_o woollen_a manufacture_n second_o as_o it_o have_v relation_n to_o the_o silk_n and_o linen_n manufacture_n and_o three_o i_o shall_v show_v how_o this_o prohibition_n will_v affect_v the_o east-india_n trade_n in_o general_n and_o first_o as_o to_o the_o woollen_a
in_o exchange_n abroad_o for_o linen_n than_o to_o make_v it_o here_o at_o home_o which_o trade_n have_v be_v set_v afoot_o and_o prosper_v very_o much_o to_o the_o great_a benefit_n of_o this_o kingdom_n since_o the_o prohibition_n of_o french_a good_n during_o this_o war._n but_o if_o we_o provide_v ourselves_o at_o home_n with_o linen_n sufficient_a for_o our_o consumption_n and_o do_v not_o want_v that_o which_o be_v bring_v from_o silesia_n saxony_n bohemia_n and_o poland_n this_o trade_n must_v cease_v for_o these_o northern_a country_n have_v neither_o money_n nor_o other_o commodity_n and_o if_o we_o deal_v with_o they_o we_o must_v be_v content_v in_o a_o manner_n to_o barter_v our_o clothes_n for_o their_o linen_n and_o it_o be_v obvious_a enough_o to_o any_o consider_v man_n that_o by_o such_o a_o traffic_n we_o be_v not_o loser_n in_o the_o balance_n in_o process_n of_o time_n when_o england_n shall_v come_v to_o be_v more_o people_v and_o when_o a_o long_a peace_n shall_v have_v increase_v our_o wealth_n and_o stock_n perhaps_o we_o may_v be_v able_a not_o only_o to_o carry_v on_o our_o old_a manufacture_n to_o their_o full_a height_n but_o to_o embrace_v new_a one_o such_o as_o be_v that_o of_o silk_n and_o linen_n but_o as_o our_o case_n stand_v it_o seem_v sufficient_a to_o let_v they_o take_v their_o own_o natural_a course_n and_o not_o to_o drive_v they_o on_o for_o too_o many_o sort_n of_o business_n may_v be_v as_o well_o hurtful_a in_o the_o public_a as_o they_o be_v often_o to_o private_a person_n if_o the_o nation_n find_v a_o general_n profit_n from_o they_o their_o own_o weight_n will_v bear_v they_o on_o but_o in_o the_o mean_a while_n it_o can_v be_v adviseable_a in_o their_o favour_n to_o exercise_v any_o extraordinary_a act_n of_o power_n and_o for_o their_o sake_n by_o prohibition_n to_o distress_n embroil_n and_o disturb_v any_o settle_a trade_n by_o which_o beyond_o all_o contradiction_n the_o nation_n before_o the_o war_n be_v so_o great_a a_o gainer_n my_o lord_n after_o much_o thought_n upon_o this_o subject_a i_o be_o come_v to_o these_o conclusion_n within_o myself_o which_o i_o submit_v to_o your_o better_a judgement_n first_o that_o our_o silk_n and_o linen_n manufacture_n obstruct_v trade_n more_o important_a and_o more_o profitable_a second_o that_o though_o a_o prohibition_n of_o east-india_n good_n may_v advance_v their_o present_a interest_n who_o be_v engage_v in_o the_o silk_n and_o linen_n manufacture_n here_o yet_o that_o it_o will_v bring_v no_o future_a advantage_n to_o the_o kingdom_n three_o that_o luxury_n be_v so_o deep_o root_v in_o this_o nation_n that_o shall_v this_o prohibition_n pass_v it_o will_v only_o carry_v we_o to_o european_a market_n where_o we_o shall_v pay_v perhaps_o 50_o per_n cent._n dear_a may_v be_v for_o the_o same_o or_o for_o vanity_n of_o the_o like_a nature_n so_o that_o upon_o the_o whole_a matter_n my_o lord_n i_o be_o humble_o of_o opinion_n that_o the_o importation_n of_o wrought_a silk_n bengal_n stain_v calico_n etc._n etc._n do_v not_o so_o interfere_v with_o our_o silk_n and_o linen_n manufacture_n as_o to_o hurt_v the_o public_a and_o bring_v damage_n to_o the_o collective_a body_n of_o england_n and_o three_o as_o to_o the_o effect_v such_o a_o prohibition_n will_v have_v upon_o the_o east-india_n trade_n in_o general_n in_o all_o argumentation_n it_o be_v requisite_a to_o settle_v and_o agree_v upon_o principle_n for_o which_o reason_n in_o the_o begin_n of_o this_o discourse_n i_o do_v endeavour_v to_o prove_v that_o in_o general_a the_o east-india_n trade_n be_v profitable_a to_o this_o kingdom_n and_o i_o dwell_v the_o long_a upon_o that_o head_n because_o some_o people_n be_v quite_o of_o a_o contrary_a opinion_n and_o believe_v it_o hurtful_a to_o england_n and_o i_o be_o satisfy_v that_o many_o without_o door_n promote_v the_o bill_n in_o question_n in_o hope_n thereby_o utter_o to_o destroy_v the_o traffic_n and_o true_o my_o lord_n it_o seem_v plain_a to_o i_o that_o the_o intend_a prohibition_n must_v prove_v though_o not_o a_o sudden_a yet_o a_o certain_a destruction_n to_o it_o and_o that_o it_o be_v a_o lop_n from_o this_o trade_n the_o branch_n and_o take_v away_o some_o of_o the_o bark_n and_o part_n of_o the_o root_n the_o trunk_n indeed_o be_v leave_v but_o so_o maim_v and_o injure_v that_o it_o can_v never_o spread_v and_o flourish_v if_o it_o can_v be_v make_v appear_v this_o prohibition_n be_v no_o way_n to_o be_v render_v effectual_a and_o if_o it_o can_v be_v show_v that_o the_o say_v prohibition_n will_v utter_o disable_v the_o present_a east-india_n company_n or_o any_o other_o to_o be_v hereafter_o erect_v from_o support_v and_o carry_v on_o the_o trade_n to_o the_o advantage_n of_o england_n your_o lordship_n will_v certain_o think_v the_o bill_n now_o a_o foot_n of_o dangerous_a consequence_n and_o not_o fit_a to_o receive_v a_o sanction_n in_o the_o house_n of_o peer_n no_o prohibition_n of_o a_o foreign_a or_o domestic_a commodity_n can_v have_v any_o effect_n without_o sumptuary_n law_n strict_o pen_v and_o rigorous_o put_v in_o execution_n for_o the_o importation_n of_o french_a wine_n and_o linen_n have_v be_v forbid_v under_o high_a penalty_n during_o this_o war_n yet_o the_o consumption_n of_o those_o sort_n of_o commodity_n be_v not_o much_o lessen_v and_o they_o be_v bring_v in_o upon_o we_o from_o other_o country_n at_o much_o a_o dear_a rate_n for_o these_o three_o year_n last_o pass_v french_a wine_n have_v be_v convey_v hither_o by_o the_o way_n of_o spain_n and_o portugal_n and_o the_o french_a silk_n and_o linen_n have_v be_v all_o along_o secret_o bring_v and_o smuggle_v upon_o our_o own_o coast_n perhaps_o if_o severe_a sumptuary_n law_n have_v impose_v a_o high_a duty_n or_o penalty_n upon_o the_o consumer_n of_o french_a wine_n silk_n and_o linen_n the_o prohibition_n may_v have_v have_v its_o design_a effect_n but_o how_o such_o law_n can_v have_v be_v make_v practicable_a i_o shall_v not_o pretend_v to_o determine_v in_o the_o same_o manner_n if_o a_o severe_a mulct_n or_o a_o high_a duty_n can_v be_v lay_v on_o such_o as_o shall_v wear_v or_o use_v any_o india_n or_o persia_n wrought_v silk_n bengal_n etc._n etc._n and_o if_o this_o be_v superad_v to_o the_o prohibition_n peradventure_o it_o may_v be_v render_v effectual_a but_o otherwise_o notwithstanding_o the_o prohibition_n of_o wear_v such_o good_n and_o the_o penalty_n upon_o the_o retailer_n that_o shall_v vend_fw-mi they_o their_o consumption_n will_v be_v little_o lessen_v in_o this_o kingdom_n for_o they_o will_v be_v bring_v in_o upon_o we_o from_o other_o country_n scotland_n and_o holland_n more_o especial_o however_o though_o such_o a_o method_n be_v peradventure_o the_o only_a way_n of_o keep_v down_o this_o luxury_n i_o be_o very_o far_o my_o lord_n from_o think_v it_o adviseable_a for_o the_o law_n of_o all_o country_n must_v be_v suit_v to_o the_o bend_a and_o inclination_n of_o the_o people_n and_o which_o i_o be_o loath_a to_o say_v there_o be_v sometime_o a_o necessity_n they_o shall_v be_v a_o little_a accommodate_v to_o their_o deprave_a manner_n and_o corruption_n the_o people_n of_o england_n who_o have_v be_v long_o accustom_a to_o mild_a law_n and_o a_o loose_a administration_n can_v never_o endure_v that_o severity_n which_o be_v needful_a to_o make_v such_o a_o prohibition_n have_v effect_n nor_o can_v they_o suffer_v high_a duty_n or_o penalty_n to_o be_v impose_v upon_o their_o pleasure_n or_o bear_v a_o strict_a inquisition_n into_o their_o furniture_n and_o apparel_n there_o be_v no_o country_n without_o a_o multitude_n of_o sumptuary_n law_n but_o hardly_o a_o place_n can_v be_v instanced_a where_o they_o be_v observe_v or_o produce_v any_o public_a good_n they_o be_v somewhat_o regard_v in_o the_o infancy_n of_o the_o roman_a commonwealth_n before_o riches_n and_o pomp_n have_v banish_v virtue_n and_o obedience_n but_o their_o chief_a strength_n be_v always_o derive_v from_o the_o sanctity_n and_o veneration_n in_o which_o be_v hold_v the_o office_n of_o censor_n and_o in_o england_n they_o will_v be_v immediate_o contemn_v and_o deride_v and_o any_o magistrate_n must_v become_v the_o public_a scorn_n that_o shall_v think_v to_o put_v they_o in_o execution_n and_o yet_o without_o strict_a sumptuary_n law_n well_o observe_v the_o wisdom_n of_o the_o parliament_n will_v find_v itself_o elude_v when_o it_o endeavour_n to_o banish_v foreign_a vanity_n and_o luxury_n in_o favour_n of_o our_o own_o product_n and_o manufacture_n for_o in_o all_o probability_n the_o consequence_n of_o such_o a_o prohibition_n will_v be_v that_o good_n of_o the_o same_o kind_n or_o good_n applicable_a to_o the_o like_a use_n instead_o of_o those_o import_v from_o india_n will_v be_v bring_v hither_o from_o abroad_o and_o the_o consumption_n will_v not_o be_v