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〈◊〉_d humble_o offer_v against_o establish_v by_o act_n of_o parliament_n the_o east-india-trade_n in_o a_o company_n with_o a_o joint-stock_n exclusive_a of_o other_o the_o subject_n of_o england_n reas_n 1._o man_n be_v reasonable_a creature_n frame_v for_o society_n and_o the_o whole_a earth_n be_v give_v unto_o they_o i_o do_v take_v it_o to_o be_v a_o dictate_v of_o nature_n that_o mutual_a traffic_n or_o commerce_n be_v free_a and_o of_o right_o do_v belong_v to_o every_o man_n so_o soon_o as_o any_o place_n or_o people_n be_v discover_v to_o he_o wherewith_o to_o trade_n therefore_o exclusive_a establishment_n of_o trade_n be_v malum_fw-la in_o se_fw-la monopoly_n at_o common_a law_n for_o that_o they_o give_v and_o appropriate_v that_o to_o some_o only_a which_o be_v the_o common_a right_n of_o all_o and_o in_o the_o instance_n now_o before_o we_o do_v make_v but_o one_o buyer_n for_o what_o be_v export_v and_o but_o one_o seller_n for_o what_o be_v import_v to_o the_o value_n 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indeed_o can_v we_o imitate_v they_o be_v it_o ever_o so_o desirable_a and_o this_o be_v a_o certain_a truth_n that_o from_o the_o year_n 1653_o to_o 1656._o while_n our_o trade_n to_o india_n lie_v open_a to_o all_o the_o holland_n east-india_n company_n sink_v great_o in_o their_o stock_n and_o credit_n for_o we_o under-sold_a they_o in_o all_o east-india_n commodity_n and_o bring_v home_o spice_n in_o spite_n of_o they_o procure_v at_o macassar_n and_o elsewhere_o which_o give_v they_o such_o apprehension_n of_o lose_v their_o trade_n to_o prevent_v it_o as_o i_o have_v be_v inform_v from_o good_a hand_n they_o employ_v some_o person_n to_o influence_n oliver_n cromwell_n to_o establish_v this_o present_a joint-stock_n which_o he_o do_v in_o 1656._o and_o they_o give_v a_o pension_n to_o two_o of_o the_o then_o committee_n of_o 500_o pound_n a_o year_n each_o to_o prevent_v our_o possess_n polleron_n or_o any_o other_o of_o the_o spice-island_n we_o have_v a_o just_a claim_n to_o wherefore_o it_o be_v not_o to_o be_v wonder_v that_o the_o dutch_a east-india_n company_n be_v at_o this_o time_n so_o very_o apprehensive_a that_o we_o shall_v lay_v open_a the_o trade_n to_o india_n since_o they_o will_v so_o sensible_o feel_v the_o effect_n of_o it_o by_o our_o vast_a importation_n and_o exportation_n of_o all_o commodity_n and_o the_o afford_v they_o at_o so_o much_o a_o cheap_a rate_n than_o they_o can_v possible_o beside_o all_o combination_n with_o colleague_n here_o to_o enhance_v the_o price_n will_v be_v remove_v as_o well_o as_o the_o opportunity_n of_o bribe_v in_o order_n to_o do_v good_a office_n the_o same_o consequence_n happen_v to_o the_o holland_n guinea_n or_o west-india_n company_n in_o the_o year_n 1660._o when_o we_o have_v that_o trade_n also_o open_a their_o stock_n be_v then_o worth_a but_o eight_o per_fw-la cent._n but_o no_o soon_o be_v the_o trade_n to_o guinea_n limit_v here_o by_o a_o joint_a stock_n but_o that_o company_n begin_v to_o flourish_n again_o and_o their_o action_n be_v now_o worth_a eighty_o per_fw-la cent._n so_o that_o whatsoever_o reason_n the_o dutch_a have_v for_o the_o keep_v the_o trade_n to_o the_o indies_n and_o guinea_n in_o joynt-stock_n the_o only_a monopoly_n they_o have_v it_o be_v evident_a 〈…〉_o people_n and_o ruinous_a too_o corrupt_v man_n moral_n will_v be_v fatal_a to_o we_o in_o the_o present_a age_n and_o to_o our_o posterity_n in_o future_a and_o the_o loss_n in_o estate_n that_o will_v be_v sustain_v by_o cheat_n this_o way_n and_o by_o the_o monopolist_n double_a tax_n one_o buyer_n and_o one_o seller_n in_o so_o great_a a_o trade_n as_o this_o be_v will_v in_o less_o than_o twenty_o year_n exceed_v the_o value_n of_o the_o now_o joint-stock_n what_o shall_v it_o profit_v we_o then_o to_o borrow_v one_o million_o at_o present_a to_o pay_v it_o again_o and_o lose_v more_o in_o few_o year_n the_o very_a proposal_n to_o ease_v our_o own_o land_n in_o tax_n by_o raise_v of_o money_n on_o the_o grant_v of_o this_o trade_n to_o some_o exclusive_a of_o other_o be_v a_o admission_n that_o the_o nation_n need_v it_o to_o compensate_a its_o future_a damage_n by_o it_o for_o otherwise_o especial_o now_o when_o the_o public_a want_n money_n all_o our_o foreign_a trade_n shall_v be_v alike_o grant_v and_o person_n who_o seek_v only_o their_o own_o profit_n be_v as_o desirous_a of_o the_o one_o as_o of_o the_o other_o and_o will_v pay_v for_o the_o grant_v of_o it_o but_o i_o hope_v never_o to_o see_v that_o do_v for_o shall_v it_o be_v the_o grant_n will_v soon_o lessen_v the_o value_n of_o our_o land_n or_o rid_v we_o of_o they_o which_o i_o take_v to_o be_v a_o very_a ill_a way_n of_o make_v we_o easy_a in_o they_o reas_n 7._o the_o benefit_n to_o our_o nation_n if_o the_o trade_n to_o india_n be_v free_a or_o in_o a_o regulate_v company_n without_o a_o joint-stock_n be_v many_o i_o will_v mention_v some_o few_o ingenuity_n and_o virtuous_a industry_n will_v be_v 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company_n the_o defendant_n remedy_n be_v most_o worse_a than_o the_o disease_n they_o be_v and_o will_v be_v their_o own_o judge_n but_o when_o we_o be_v to_o account_v with_o single_a person_n or_o with_o person_n incorporate_v with_o a_o soul_n that_o be_v with_o no_o joint-stock_n neither_o plaintiff_n nor_o the_o defendant_n must_v be_v their_o own_o judge_n and_o further_o the_o great_a stock_n of_o some_o man_n now_o only_o in_o one_o channel_n of_o trade_n and_o the_o worst_a to_o we_o though_o now_o the_o great_a of_o any_o may_v be_v in_o divers_a if_o the_o trade_n be_v free_a and_o thereby_o will_v subserve_v other_o trade_n such_o as_o that_o to_o turkey_n which_o be_v more_o beneficial_a to_o the_o nation_n in_o general_a it_o will_v increase_v the_o exportation_n of_o our_o own_o manufacture_n and_o growth_n it_o will_v enable_v we_o to_o furnish_v europe_n with_o all_o the_o commodity_n of_o those_o country_n much_o cheap_a than_o any_o other_o people_n especial_o the_o dutch._n it_o will_v add_v great_o to_o our_o navigation_n and_o augment_v the_o king_n custom_n stock-jobbing_a with_o its_o mischief_n will_v cease_v and_o it_o will_v prevent_v the_o method_n use_v by_o company_n with_o a_o joint-stock_n in_o take_v up_o vast_a sum_n of_o money_n at_o interest_n on_o a_o common_a seal_n no_o member_n be_v oblige_v for_o payment_n which_o be_v not_o only_o indirect_a and_o dangerous_a in_o that_o they_o seldom_o have_v in_o england_n the_o value_n they_o owe_v and_o their_o ship_n may_v miscarry_v but_o also_o very_o unequal_a to_o the_o subject_a the_o company_n reap_v great_a profit_n thereby_o when_o the_o lender_n have_v but_o 5_o per_fw-la cent._n for_o interest_n and_o for_o hazard_n too_o reas_n 8._o the_o india_n trade_n will_v be_v drive_v with_o vigour_n on_o all_o hand_n now_o the_o company_n and_o free-trader_n be_v vie_v who_o shall_v do_v it_o best_o and_o that_o the_o trade_n can_v be_v drive_v without_o a_o joint-stock_n be_v confirm_v by_o fact_n of_o much_o late_a date_n than_o that_o beforementioned_a from_o 1678_o to_o 1685_o many_o ship_n be_v send_v to_o india_n and_o return_v hither_o with_o the_o commodity_n of_o those_o country_n upon_o private_a account_n and_o the_o cargo_n that_o several_a of_o those_o ship_n bring_v be_v better_o in_o sortment_n and_o in_o quality_n than_o the_o company_n and_o then_o calico_n and_o salt-peter_n be_v sell_v here_o very_o cheap_a long_a cloth_n at_o 20_o s._n per_fw-la piece_n better_a cloth_n than_o what_o the_o company_n soon_o after_o upon_o stop_v mr._n sands_n his_o ship_n fold_v at_o 32_o to_o 34_o s._n and_o since_o gradual_o advance_v to_o near_o 50_o s._n per_fw-la piece_n salt-petre_n the_o like_a from_o 32_o s._n to_o 8_o l._n and_o in_o like_a proportion_n other_o india_n good_n and_o then_o the_o dutch_a be_v so_o mean_v in_o the_o callicoe-trade_n that_o they_o buy_v they_o of_o we_o and_o in_o truth_n they_o do_v scarce_o in_o any_o trade_n cope_v with_o we_o but_o where_o we_o be_v cramp_v in_o company_n with_o a_o joint-stock_n exclusive_a of_o other_o the_o subject_n of_o england_n anno_fw-la 1685._o capt._n put_v now_o a_o member_n of_o parliament_n and_o other_o be_v keep_v from_o trade_n to_o india_n by_o the_o then_o dispense_n power_n and_o prosecute_v in_o the_o crown-office_n when_o the_o dutch_a find_v that_o king_n james_n do_v espouse_v the_o now_o company_n begin_v to_o project_v the_o increase_n of_o their_o trade_n in_o calico_n and_o have_v since_o 1688._o so_o succeed_v that_o they_o now_o excel_v we_o therein_o even_o in_o the_o bay_n of_o bangal_n the_o flower_n of_o our_o india_n trade_n and_o upon_o the_o north-coast_n of_o india_n where_o the_o dutch_a have_v no_o fortress_n the_o governor_n and_o native_n in_o india_n have_v always_o treat_v