every_o body_n refuse_v the_o money_n in_o general_n for_o fear_v the_o loss_n shall_v fall_v upon_o he_o that_o last_o take_v it_o so_o that_o the_o money_n become_v useless_a have_v lose_v the_o currancy_n and_o quality_n of_o money_n and_o all_o the_o murmur_n and_o disorder_n ensue_v that_o usual_o attend_v a_o nation_n that_o want_v money_n to_o drive_v their_o trade_n and_o commerce_n other_o instance_n may_v be_v give_v but_o this_o with_o the_o common_a usage_n of_o not_o exceed_v ten_o or_o fifteen_o per_fw-la cent_n when_o the_o money_n be_v raise_v may_v be_v sufficient_a to_o answer_v mr._n lock_n be_v objection_n that_o the_o government_n can_v raise_v their_o money_n as_o high_a as_o they_o please_v nor_o make_v themselves_o as_o rich_a as_o they_o please_v the_o great_a objection_n that_o mr._n lock_n make_v against_o the_o raise_n the_o value_n of_o money_n be_v that_o if_o the_o government_n have_v a_o power_n to_o give_v a_o value_n of_o ten_o per_fw-la cent_n to_o their_o money_n why_o not_o twenty_o fifty_o or_o as_o high_a as_o they_o please_v and_o then_o it_o will_v be_v in_o the_o government_n be_v power_n at_o any_o time_n to_o make_v themselves_o as_o rich_a as_o they_o please_v such_o a_o power_n at_o this_o time_n be_v to_o be_v wish_v for_o when_o the_o nation_n be_v engage_v in_o so_o chargeable_a a_o war_n but_o that_o be_v the_o misfortune_n that_o attend_v we_o that_o such_o a_o power_n can_v be_v only_o wish_v for_o for_o though_o prince_n and_o state_n have_v a_o power_n to_o give_v a_o value_n to_o their_o money_n yet_o that_o power_n be_v limit_v and_o when_o ever_o they_o have_v attempt_v to_o exceed_v those_o limit_n which_o upon_o a_o extraordinary_a emergency_n they_o have_v sometime_o do_v they_o have_v fall_v under_o great_a mischief_n by_o reason_n the_o money_n have_v be_v always_o counterfeit_v than_o the_o advantage_n they_o propose_v to_o themselves_o amount_v to_o by_o do_v of_o it_o and_o have_v always_o be_v force_v to_o call_v in_o such_o money_n and_o reduce_v the_o value_n within_o its_o usual_a limit_n and_o bound_n there_o be_v two_o cause_n why_o prince_n and_o state_n raise_v the_o value_n of_o their_o money_n the_o one_o be_v ordinary_a and_o the_o other_o extraordinary_a the_o ordinary_a and_o common_a cause_n of_o raise_v the_o value_n of_o the_o coin_n be_v the_o rise_v of_o bullion_n gold_n and_o silver_n be_v commodity_n for_o other_o use_v beside_o the_o make_n of_o money_n as_o for_o make_v of_o plate_n lace_n gilding_n etc._n etc._n and_o beside_o it_o be_v scarce_a in_o some_o country_n and_o more_o plenty_n in_o other_o and_o the_o value_n of_o all_o thing_n arise_v from_o their_o occasion_n and_o plenty_n and_o scarcity_n make_v thing_n cheap_a and_o dear_a when_o ever_o the_o goldsmith_n and_o the_o maker_n of_o plate_n lace_n etc._n etc._n and_o the_o merchant_n to_o export_v it_o to_o the_o indies_n or_o those_o country_n where_o it_o be_v more_o scarce_a will_v give_v more_o for_o bullion_n to_o supply_v such_o occasion_n than_o the_o mint_n can_v afford_v to_o do_v according_a to_o the_o value_n the_o money_n be_v at_o the_o prince_n and_o state_n have_v be_v force_v from_o time_n to_o time_n to_o raise_v the_o value_n of_o their_o coin_n to_o prevent_v it_o from_o be_v melt_v down_o and_o carry_v away_o the_o knowledge_n when_o bullion_n be_v rise_v above_o the_o value_n of_o the_o money_n be_v discover_v by_o the_o mint_n for_o the_o mint_n be_v the_o common_a shop_n and_o market_n place_n for_o the_o merchant_n to_o carry_v in_o their_o bullion_n and_o when_o ever_o they_o forbear_v the_o bring_n of_o it_o thither_o it_o be_v certain_a it_o will_v yield_v they_o a_o better_a price_n in_o another_o place_n for_o bullion_n never_o continue_v long_o in_o a_o place_n unaltered_a because_o it_o yield_v no_o profit_n while_o it_o continue_v so_o but_o if_o it_o be_v carry_v to_o the_o mint_n to_o be_v coin_v it_o become_v useful_a for_o trade_n and_o commerce_n and_o save_v the_o charge_n of_o borrow_a money_n or_o else_o may_v be_v put_v out_o to_o interest_n and_o if_o it_o be_v wrought_v into_o plate_n lace_n etc._n etc._n it_o pay_v for_o the_o fashion_n and_o workmanship_n and_o if_o it_o be_v transport_v to_o the_o indies_n or_o some_o country_n where_o it_o be_v dear_a it_o produce_v profit_n by_o the_o exchange_n of_o those_o good_n that_o be_v buy_v with_o it_o when_o ever_o any_o of_o the_o prince_n and_o state_n in_o europe_n raise_v the_o value_n of_o their_o coin_n the_o rest_n general_o follow_v it_o be_v too_o long_o to_o give_v particular_a instance_n but_o if_o it_o be_v examine_v by_o the_o record_n of_o the_o mint_n of_o the_o king_n of_o france_n with_o those_o of_o the_o mint_n of_o the_o king_n of_o england_n it_o will_v appear_v that_o they_o have_v raise_v their_o money_n from_o time_n to_o time_n as_o the_o king_n of_o england_n have_v do_v or_o rather_o high_a for_o that_o since_o the_o time_n of_o st._n lewis_n who_o be_v co-temporary_a with_o edward_n the_o iiid_n the_o sol_n and_o crown_n contain_v then_o near_o six_o time_n more_o of_o fine_a silver_n than_o the_o sol_n and_o french_a crown_n do_v that_o be_v late_o coin_v which_o be_v a_o great_a proportion_n than_o the_o money_n have_v rise_v in_o england_n since_o edward_n the_o three_o time_n be_v not_o quite_o four_o time_n light_a the_o reason_n be_v it_o be_v almost_o a_o hundred_o year_n since_o the_o english_a have_v raise_v the_o value_n of_o their_o silver_n coin_n and_o in_o the_o same_o time_n the_o french_a have_v raise_v they_o twice_o which_o will_v have_v make_v the_o english_a money_n much_o of_o the_o same_o rise_v with_o give_v of_o allowance_n to_o the_o custom_n of_o the_o english_a who_o have_v always_o undervalue_v their_o silver_n money_n and_o overvalue_v their_o gold_n in_o respect_n to_o their_o neighbour_n nation_n and_o have_v since_o twice_o raise_v the_o value_n of_o their_o gold_n to_o wit_n in_o king_n james_n the_o first_o be_v time_n who_o coin_v a_o twenty-shilling-piece_n of_o gold_n light_a by_o two_o shilling_n than_o that_o which_o he_o coin_v in_o the_o begin_n of_o his_o reign_n which_o raise_v the_o value_n of_o his_o first_o iacobus's_n to_o two_o and_o twenty_o shilling_n and_o in_o king_n charles_n the_o second_v time_n who_o coin_v the_o guinea_n two_o shilling_n light_a have_v the_o broad-piece_n so_o that_o when_o the_o guinea_n be_v currant_n at_o twenty_o shilling_n the_o broad-piece_n go_v for_o two_o and_o twenty_o there_o seem_v to_o be_v a_o absolute_a necessity_n for_o the_o prince_n and_o state_n of_o europe_n to_o raise_v the_o value_n of_o their_o money_n much_o about_o the_o same_o time_n or_o else_o they_o can_v preserve_v it_o in_o their_o country_n notwithstanding_o any_o severe_a law_n to_o prohibit_v the_o melt_a and_o export_v of_o it_o for_o there_o be_v a_o constant_a commerce_n and_o traffic_n betwixt_o all_o the_o country_n of_o europe_n if_o one_o prince_n set_v a_o much_o high_a value_n on_o his_o money_n than_o another_o the_o merchant_n who_o business_n it_o be_v to_o observe_v where_o they_o can_v get_v most_o profit_n will_v melt_v down_o the_o coin_n of_o one_o country_n and_o carry_v it_o to_o the_o mint_n of_o another_o country_n where_o the_o money_n be_v raise_v and_o will_v yield_v the_o great_a price_n this_o will_v appear_v plain_a by_o a_o instance_n here_o in_o england_n for_o the_o king_n of_o england_n have_v not_o raise_v their_o silver_n money_n since_o the_o reign_n of_o queen_n elizabeth_n which_o be_v about_o a_o hundred_o year_n ago_o and_o the_o rest_n of_o the_o prince_n and_o state_n of_o europe_n have_v since_o that_o time_n twice_o raise_v their_o several_a coin_n to_o wit_n in_o the_o reign_n of_o king_n james_n the_o first_o and_o about_o four_o or_o five_o year_n since_o that_o although_o there_o have_v be_v since_o that_o time_n coin_v in_o england_n with_o allowance_n of_o what_o be_v coin_v in_o queen_n elizabeth_n reign_n the_o sum_n of_o 19429061_o l._n 19_o s._n 6_o d._n as_o appear_v by_o the_o record_n of_o the_o mint_n yet_o by_o the_o computation_n that_o mr._n lownds_o make_v there_o be_v not_o above_o five_o million_o six_o hundred_o thousand_o pound_n remain_v which_o in_o my_o opinion_n be_v more_o than_o will_v be_v find_v to_o be_v upon_o the_o new_a coinage_n of_o the_o money_n by_o the_o calculation_n he_o make_v from_o the_o wear_v and_o clip_v money_n so_o that_o there_o have_v be_v near_o fourteen_o million_o melt_v down_o and_o carry_v away_o within_o this_o space_n of_o time_n and_o have_v it_o not_o be_v for_o some_o accidental_a cause_n that_o bring_v bullion_n to_o the_o mint_n since_o the_o foreign_a prince_n have_v raise_v
the_o value_n of_o their_o coin_n there_o have_v be_v very_o little_a silver_n money_n coin_v and_o much_o less_o to_o be_v find_v now_o in_o england_n for_o in_o king_n charles_n the_o first_o be_v time_n by_o the_o civil_a war_n of_o england_n the_o plate_n be_v bring_v to_o the_o mint_n to_o be_v coin_v which_o be_v the_o cause_n of_o the_o great_a sum_n of_o silver_n money_n coin_v in_o his_o reign_n the_o call_v in_o the_o parliament-money_n in_o king_n charles_n the_o second_v time_n and_o new_a coin_v of_o it_o the_o two_o or_o three_o hundred_o thousand_o pound_n that_o be_v yearly_o send_v into_o england_n from_o france_n upon_o some_o particular_a occasion_n during_o his_o reign_n with_o the_o money_n that_o dunkirk_n be_v sell_v for_o and_o the_o act_n of_o parliament_n for_o give_v away_o the_o charge_n of_o coinage_n to_o encourage_v the_o merchant_n to_o bring_v bullion_n to_o the_o mint_n be_v almost_o three_o and_o a_o half_a per_fw-mi cent_n be_v the_o occasion_n of_o the_o silver_n money_n coin_v in_o his_o reign_n and_o if_o the_o two_o sum_n coin_v in_o these_o two_o king_n reign_v which_o make_v about_o twelve_o million_o with_o the_o money_n that_o be_v coin_v in_o queen_n elizabeth_n reign_n and_o a_o million_o that_o be_v coin_v in_o the_o reign_n of_o king_n james_n the_o first_o before_o the_o foreign_a prince_n raise_v the_o value_n of_o their_o coin_n be_v put_v together_o they_o will_v make_v near_o eighteen_o million_o so_o that_o be_v it_o not_o for_o these_o accidental_a cause_n there_o have_v not_o be_v coin_v in_o the_o mint_n of_o england_n two_o million_o of_o silver_n money_n since_o the_o foreign_a prince_n raise_v the_o value_n of_o their_o coin_n and_o have_v it_o not_o be_v for_o the_o wear_n of_o some_o of_o the_o old_a money_n light_a by_o often_o tell_v it_o over_o and_o clip_v of_o the_o rest_n by_o which_o they_o be_v make_v unprofitable_a to_o melt_v down_o by_o this_o time_n in_o all_o probability_n there_o have_v scarce_o be_v a_o silver_n piece_n of_o money_n to_o be_v see_v in_o england_n and_o that_o the_o raise_v the_o coin_n in_o foreign_a part_n and_o the_o not_o raise_v the_o silver_n coin_n in_o england_n be_v the_o cause_n of_o melt_v it_o down_o and_o transport_v it_o will_v plain_o appear_v from_o the_o plenty_n of_o the_o gold_n here_o compare_v with_o the_o silver_n for_o since_o the_o forty_o three_o of_o queen_n elizabeth_n be_v the_o last_o time_n that_o the_o silver_n money_n be_v raise_v here_o in_o england_n the_o gold_n have_v be_v twice_o great_o raise_v by_o which_o mean_n there_o be_v here_o double_a if_o not_o treble_v the_o quantity_n of_o gold_n for_o silver_n whereas_o in_o all_o other_o kingdom_n and_o state_n in_o europe_n there_o be_v ten_o time_n more_o silver_n money_n than_o gold_n for_o in_o the_o forty_o three_o year_n of_o queen_n elizabeth_n according_a to_o mr._n lownds_n account_n from_o the_o record_n of_o the_o mint_n which_o all_o man_n agree_v be_v very_o exact_a a_o pound_n weight_n troy_n of_o gold_n of_o the_o standard_n of_o twenty_o two_o carat_n fine_a and_o two_o carat_n allay_v be_v coin_v into_o thirty_o three_o sovereign_n and_o a_o half_a at_o twenty_o shilling_n a_o piece_n make_v thirty_o three_o pound_n ten_o shilling_n in_o the_o reign_n of_o king_n james_n i._o the_o gold_n be_v raise_v and_o the_o same_o pound_n weight_n and_o standard_n of_o gold_n be_v coin_v into_o as_o many_o unit_v double-corowns_a and_o other_o piece_n of_o gold_n as_o make_v up_o forty_o pound_n eighteen_o shilling_n and_o four_o penny_n and_o in_o king_n charles_n the_o second_v time_n the_o gold_n be_v again_o raise_v and_o the_o same_o standard_n and_o weight_n be_v coin_v into_o forty_o four_o guineas_fw-la and_o a_o half_a at_o twenty_o shilling_n a_o piece_n so_o that_o from_o thirty_o three_o pound_n ten_o shilling_n in_o queen_n elizabeth_n time_n to_o forty_o four_o pound_n ten_o shilling_n in_o king_n charles_n reign_n the_o gold_n be_v raise_v near_o three_o and_o thirty_o per_fw-la cent_n since_o the_o silver_n money_n have_v be_v raise_v which_o be_v the_o reason_n of_o the_o great_a plenty_n of_o gold_n and_o scarcity_n of_o silver_n what_o be_v the_o reason_n that_o these_o two_o prince_n raise_v their_o gold_n and_o not_o their_o silver_n be_v not_o to_o be_v imagine_v unless_o it_o be_v from_o some_o powerful_a argument_n offer_v by_o the_o guiney_n company_n who_o interest_n it_o be_v to_o have_v gold_n raise_v which_o do_v not_o appear_v and_o that_o this_o raise_v the_o gold_n be_v the_o cause_n that_o it_o be_v more_o plentiful_a here_o in_o england_n than_o silver_n will_v appear_v yet_o more_o plain_a if_o the_o record_n of_o the_o mint_n be_v examine_v since_o king_n charles_n the_o second_v restauration_n for_o since_o that_o time_n there_o have_v be_v coin_v in_o the_o mint_n of_o england_n 7263836_o l._n 1_o s._n 5_o d._n and_o in_o silver_n but_o 4319585_o l._n 9_o s._n 5_o d._n which_o do_v not_o want_n much_o of_o double_a the_o quantity_n of_o gold_n money_n that_o have_v be_v coin_v more_o than_o silver_n and_o when_o the_o guineas_n have_v a_o extraordinary_a rise_v here_o in_o england_n as_o to_o be_v currant_n at_o eight_o and_o twenty_o and_o thirty_o shilling_n a_o piece_n there_o be_v above_o seven_o hundred_o and_o twenty_o thousand_o pound_n in_o gold_n coin_v in_o little_a more_o than_o nine_o month_n time_n which_o be_v more_o than_o be_v coin_v in_o six_o or_o eight_o year_n before_o which_o show_v plain_o that_o the_o raise_v the_o value_n of_o the_o gold_n money_n here_o in_o england_n be_v the_o cause_n that_o so_o much_o be_v import_v and_o coin_v here_o and_o on_o the_o contrary_a the_o not_o raise_v of_o the_o silver_n money_n in_o proportion_n as_o the_o foreign_a mint_n have_v do_v be_v the_o cause_n of_o its_o be_v constant_o melt_v down_o and_o carry_v away_o notwithstanding_o the_o many_o law_n to_o prohibit_v it_o for_o there_o be_v severe_a law_n in_o all_o kingdom_n and_o state_n that_o prohibit_v the_o counterfeit_n clip_v melt_a and_o export_v the_o money_n in_o all_o country_n it_o be_v death_n to_o counterfeit_v and_o clip_v the_o money_n in_o france_n england_n and_o several_a other_o country_n it_o be_v a_o high_a crime_n to_o melt_v it_o down_o and_o forfeiture_n of_o the_o money_n to_o export_v it_o and_o in_o spain_n it_o be_v death_n to_o transport_v it_o and_o yet_o when_o ever_o it_o have_v be_v profitable_a it_o have_v be_v always_o melt_v down_o and_o carry_v away_o so_o that_o by_o experience_n prince_n and_o state_n have_v find_v that_o there_o be_v no_o other_o way_n to_o preserve_v it_o in_o the_o country_n but_o by_o raise_v the_o value_n of_o their_o money_n so_o much_o above_o the_o price_n of_o bullion_n that_o the_o merchant_n may_v get_v more_o by_o carry_v away_o the_o bullion_n than_o the_o money_n the_o cause_n of_o raise_v the_o money_n here_o in_o europe_n will_v always_o continue_v as_o long_o as_o the_o european_n continue_v in_o traffic_n and_o commerce_n for_o trade_n make_v a_o people_n rich_a and_o gold_n and_o silver_n be_v badge_n of_o riches_n and_o therefore_o as_o the_o people_n grow_v rich_a the_o price_n of_o gold_n and_o silver_n will_v rise_v because_o the_o occasion_n for_o gold_n and_o silver_n will_v still_o increase_v especial_o as_o long_o as_o the_o trade_n continue_v to_o the_o mogul_n country_n in_o the_o east-indies_n for_o the_o prince_n and_o great_a people_n there_o believe_v that_o the_o possession_n of_o gold_n and_o silver_n be_v not_o only_o a_o honour_n to_o they_o while_o they_o be_v alive_a but_o that_o they_o shall_v have_v a_o respect_n in_o the_o next_o world_n according_a to_o the_o quantity_n of_o gold_n and_o silver_n they_o die_v possess_v of_o and_o therefore_o whatever_o gold_n and_o silver_n they_o get_v more_o than_o be_v absolute_o necessary_a for_o commerce_n and_o traffic_n they_o from_o time_n to_o time_n melt_v into_o a_o mass_n or_o tank_n which_o be_v bury_v with_o they_o so_o that_o great_a part_n of_o what_o be_v dug_n out_o of_o the_o west_n be_v bury_v in_o the_o east_n and_o although_o there_o have_v be_v great_a quantity_n of_o gold_n and_o silver_n bring_v into_o europe_n since_o the_o discovery_n of_o the_o west-indies_n yet_o the_o price_n of_o they_o have_v always_o rise_v and_o will_v always_o continue_v so_o as_o long_o as_o the_o people_n grow_v rich_a by_o trade_n which_o will_v make_v the_o occasion_n for_o they_o great_a than_o the_o quantity_n which_o be_v the_o rule_n by_o which_o all_o thing_n be_v make_v dear_a this_o continual_a rise_n of_o gold_n and_o silver_n will_v be_v no_o prejudice_n to_o the_o prince_n and_o state_n if_o they_o do_v but_o observe_v to_o
the_o account_n of_o the_o customhouse_n book_n and_o use_v to_o give_v for_o instance_n the_o french_a trade_n because_o the_o revenue_n that_o arise_v from_o those_o duty_n on_o french_a wine_n and_o other_o commodity_n that_o be_v import_v be_v so_o much_o great_a than_o the_o duty_n on_o those_o good_n that_o be_v send_v into_o france_n and_o therefore_o use_v to_o cry_v out_o very_o much_o against_o the_o french_a trade_n though_o perhaps_o if_o that_o be_v thorough_o consider_v the_o french_a trade_n be_v as_o profitable_a to_o the_o nation_n as_o any_o other_o foreign_a trade_n which_o may_v be_v make_v to_o appear_v if_o it_o be_v proper_a for_o this_o debate_n but_o to_o make_v up_o the_o balance_n of_o trade_n by_o the_o customhouse_n book_n be_v a_o very_a uncertain_a way_n of_o reckon_n for_o all_o foreign_a good_n that_o be_v import_v pay_v a_o great_a duty_n than_o the_o native_a good_n export_v it_o be_v the_o interest_n of_o all_o trade_n nation_n to_o lay_v easy_a custom_n if_o any_o upon_o their_o native_a commodity_n that_o they_o may_v be_v send_v cheap_a to_o foreign_a market_n and_o thereby_o encourage_v both_o the_o make_n and_o export_v of_o they_o and_o to_o lay_v high_a duty_n upon_o foreign_a ware_n that_o they_o may_v be_v dear_a and_o so_o not_o lessen_v by_o their_o cheapness_n the_o consumption_n of_o the_o native_a commodity_n so_o that_o there_o can_v be_v no_o computation_n of_o the_o balance_n of_o trade_n from_o the_o difference_n of_o the_o sum_n of_o money_n that_o be_v pay_v at_o the_o customhouse_n for_o the_o foreign_a good_n import_v and_o the_o native_a export_v but_o suppose_v there_o shall_v be_v a_o allowance_n make_v in_o cast_v up_o the_o account_n for_o the_o greatness_n of_o the_o duty_n that_o the_o foreign_a good_n pay_v more_o than_o the_o native_a yet_o that_o can_v be_v no_o advantage_n in_o the_o discover_v the_o balance_n of_o trade_n because_o they_o can_v discover_v by_o the_o customhouse_n book_n what_o the_o native_a good_n that_o be_v export_v be_v sell_v for_o for_o the_o balance_n of_o the_o trade_n must_v arise_v from_o the_o value_n of_o the_o good_n that_o be_v sell_v and_o not_o from_o the_o quantity_n that_o be_v export_v or_o import_v and_o that_o be_v know_v only_o to_o the_o merchant_n that_o sell_v the_o good_n and_o it_o be_v not_o for_o his_o interest_n to_o acquaint_v other_o with_o it_o and_o thereby_o discover_v the_o profit_n of_o his_o trade_n so_o that_o there_o can_v be_v no_o find_v out_o the_o balance_n of_o trade_n by_o the_o customhouse_n book_n some_o be_v of_o the_o opinion_n that_o the_o way_n to_o find_v out_o the_o balance_n of_o trade_n be_v by_o the_o foreign_a exchange_n and_o they_o reckon_v that_o if_o the_o exchange_n run_v high_a upon_o a_o nation_n it_o be_v a_o sign_n that_o there_o be_v more_o foreign_a good_n import_v than_o there_o be_v of_o the_o native_a export_v and_o therefore_o there_o be_v bill_n of_o exchange_n draw_v to_o answer_v the_o effect_n and_o make_v up_o the_o difference_n in_o the_o value_n of_o what_o the_o native_a good_n be_v sell_v for_o less_o than_o the_o foreign_a this_o seem_v to_o be_v the_o near_a way_n of_o guess_v of_o the_o balance_n of_o the_o trade_n of_o a_o nation_n but_o this_o be_v altogether_o as_o uncertain_a for_o exchange_n rise_v and_o fall_v every_o week_n and_o at_o some_o particular_a time_n in_o the_o year_n run_v high_a against_o a_o nation_n and_o at_o other_o time_n run_v as_o high_a on_o the_o contrary_n as_o against_o a_o vintage_n a_o great_a mart_n or_o some_o public_a sale_n the_o exchange_n may_v run_v high_o to_o bourdeaux_n francfort_n or_o holland_n upon_o a_o east-india_n sale_n and_o at_o other_o time_n the_o exchange_n may_v have_v run_v to_o the_o same_o place_n as_o much_o on_o the_o contrary_a for_o no_o exchange_n can_v constant_o run_v high_a against_o a_o nation_n for_o then_o the_o merchant_n that_o trade_n to_o that_o country_n must_v always_o lose_v by_o their_o trade_n for_o if_o the_o good_n that_o they_o export_v do_v yield_v they_o as_o much_o profit_n as_o the_o good_n they_o import_v they_o must_v lose_v by_o the_o return_n and_o it_o can_v be_v suppose_v that_o merchant_n will_v always_o trade_n to_o a_o country_n where_o they_o must_v always_o lose_v by_o trading_n therefore_o there_o can_v be_v no_o account_n of_o the_o balance_n of_o trade_n by_o foreign_a exchange_n as_o to_o the_o rise_n of_o the_o exchange_n betwixt_o holland_n and_o england_n that_o be_v not_o to_o be_v reckon_v as_o a_o rule_n because_o of_o the_o extraordinary_a charge_n of_o the_o war_n at_o this_o time_n but_o if_o there_o can_v be_v a_o account_n take_v of_o the_o balance_n of_o trade_n i_o can_v see_v where_o the_o advantage_n of_o it_o can_v be_v for_o the_o reason_n that_o be_v give_v for_o it_o that_o the_o overplus_n be_v pay_v in_o bullion_n and_o the_o nation_n grow_v so_o much_o the_o rich_a because_o the_o balance_n be_v make_v up_o in_o bullion_n be_v altogether_o a_o mistake_n for_o gold_n and_o silver_n be_v but_o commodity_n and_o one_o sort_n of_o commodity_n be_v as_o good_a as_o another_o so_o it_o be_v of_o the_o same_o value_n a_o hundred_o pound_n worth_a of_o copper_n be_v as_o good_a to_o a_o merchant_n as_o if_o he_o import_v a_o hundred_o pound_n worth_a of_o silver_n and_o he_o may_v get_v as_o much_o by_o it_o beside_o some_o country_n have_v no_o gold_n and_o silver_n and_o yet_o the_o trade_n to_o these_o country_n may_v be_v as_o profitable_a to_o the_o merchant_n and_o nation_n as_o to_o the_o other_o country_n from_o whence_o they_o fetch_v the_o gold_n and_o silver_n as_o the_o trade_n to_o denmark_n and_o sueden_n and_o the_o northern_a part_n of_o the_o world_n from_o whence_o they_o fetch_v pitch_n tar_n hemp_n and_o timber_n be_v as_o profitable_a to_o england_n as_o the_o trade_n to_o spain_n from_o whence_o the_o merchant_n fetch_v the_o bullion_n though_o those_o very_a good_n pitch_n tar_n hemp_n etc._n etc._n be_v buy_v for_o the_o most_o part_n with_o the_o bullion_n that_o be_v bring_v from_o spain_n for_o all_o merchant_n get_v by_o their_o trade_n and_o if_o they_o grow_v rich_a the_o nation_n thrive_v for_o a_o nation_n grow_v rich_a by_o the_o inhabitant_n grow_v rich_a beside_o those_o good_n pitch_n tar_n and_o hemp_n be_v more_o profitable_a commodity_n to_o england_n than_o bullion_n because_o they_o be_v material_n for_o the_o build_n of_o ship_n and_o employ_v more_o hand_n in_o the_o work_n of_o they_o after_o they_o be_v import_v than_o bullion_n do_v and_o the_o only_a way_n to_o know_v what_o sort_n of_o good_n and_o trade_n be_v most_o profitable_a to_o a_o nation_n be_v by_o examine_v which_o sort_n of_o good_n employ_v most_o hand_n by_o import_v and_o manufacture_v for_o every_o man_n that_o work_v be_v pay_v for_o his_o time_n and_o the_o more_o there_o be_v employ_v in_o a_o nation_n the_o rich_a the_o nation_n grow_v and_o therefore_o the_o import_v of_o unwrought_a good_n such_o as_o flax_n raw-silk_n cotton_n etc._n etc._n and_o all_o sort_n of_o bulky_a and_o weighty_a good_n such_o as_o wine_n pitch_n tar_n etc._n etc._n be_v more_o profitable_a to_o a_o nation_n than_o wrought-silk_n linen_n or_o calico_n or_o gold_n silver_n and_o good_n of_o little_a bulk_n in_o respect_n to_o their_o weight_n because_o the_o nation_n get_v the_o profit_n by_o the_o make_n of_o the_o raw-silk_n flax_n and_o cotton_n into_o wrought_a silk_n linen_n and_o all_o such_o thing_n as_o be_v make_v of_o of_o cotton_n and_o by_o the_o bulky_a good_n a_o great_a profit_n from_o their_o freight_n but_o this_o rule_n all_o trade_n nation_n be_v acquaint_v with_o and_o therefore_o lie_v high_a duty_n upon_o all_o manufactured_a good_n and_o a_o less_o duty_n upon_o those_o unmanufacture_v some_o upon_o this_o consideration_n be_v for_o prohibit_v not_o only_o almost_o all_o sort_n of_o manufactured_a good_n but_o several_a other_o commodity_n because_o they_o think_v they_o hinder_v the_o make_n and_o consume_v of_o their_o own_o manufacture_n and_o native_a commodity_n but_o in_o this_o they_o be_v under_o a_o great_a mistake_n and_o perhaps_o there_o be_v nothing_o so_o prejudicial_a to_o the_o trade_n of_o england_n as_o the_o many_o law_n for_o prohibit_v commodity_n or_o lay_v too_o high_a a_o duty_n which_o amount_v to_o a_o prohibition_n for_o by_o such_o prohibition_n the_o trade_n to_o such_o a_o country_n be_v whole_o lose_v by_o which_o the_o profit_n that_o the_o english_a merchant_n use_v to_o get_v by_o sell_v the_o foreign_a good_n the_o profit_n of_o the_o owner_n of_o the_o ship_n for_o the_o freight_n the_o profit_n from_o the_o native_a commodity_n that_o use_v to_o be_v send_v in_o exchange_n
that_o each_o nation_n consume_v in_o the_o perishable_a good_n of_o each_o country_n but_o as_o the_o argument_n be_v ground_v on_o a_o simile_n so_o they_o have_v the_o fate_n of_o all_o such_o argument_n to_o be_v lame_a and_o not_o run_v upon_o all_o four_o according_a to_o the_o say_n similitudo_fw-la non_fw-la currit_fw-la quatuor_fw-la pedibus_fw-la for_o the_o stock_n of_o a_o nation_n be_v vafy_o different_a from_o that_o of_o a_o private_a person_n the_o one_o be_v infinite_a the_o other_o finite_a there_o be_v every_o year_n a_o harvest_n a_o perpetual_a increase_n of_o cattle_n and_o the_o mine_n can_v never_o be_v exhaust_v so_o that_o the_o two_o thousand_o pound_n in_o the_o chest_n may_v be_v spend_v which_o be_v a_o limit_a sum_n yet_o the_o tin_n lead_v wool_n and_o those_o manufacture_n that_o be_v make_v of_o they_o can_v never_o be_v consume_v for_o no_o sort_n of_o trade_n can_v waste_v the_o stock_n of_o a_o nation_n but_o if_o we_o consider_v a_o nation_n as_o consist_v of_o a_o body_n of_o people_n the_o inhabitant_n may_v be_v make_v rich_a or_o poor_a but_o it_o be_v not_o by_o consume_v the_o stock_n of_o the_o nation_n but_o for_o want_v of_o improve_n the_o stock_n it_o be_v not_o by_o trading_n but_o for_o want_v of_o trade_n that_o nation_n be_v account_v rich_a when_o the_o great_a number_n of_o the_o inhabitant_n be_v rich_a and_o they_o be_v only_o make_v rich_a by_o industry_n art_n and_o traffic_n by_o industry_n and_o art_n the_o mineral_n be_v dug_n out_o of_o the_o earth_n and_o make_v useful_a the_o land_n make_v more_o fertile_a by_o which_o be_v produce_v a_o great_a increase_n of_o the_o native_a stock_n and_o from_o the_o profit_n of_o this_o increase_n of_o stock_n the_o people_n be_v pay_v for_o their_o time_n art_n and_o industry_n which_o make_v such_o inhabitant_n rich_a and_o by_o traffic_n and_o commerce_n the_o merchant_n owner_n of_o ship_n and_o sailor_n grow_v rich_a by_o be_v pay_v for_o carry_v away_o the_o surplus_n of_o what_o be_v improve_v more_o than_o can_v be_v use_v in_o the_o country_n and_o exchange_v it_o for_o something_o that_o be_v useful_a which_o that_o country_n can_v not_o produce_v which_o surplus_n if_o it_o be_v not_o carry_v away_o will_v by_o its_o plenty_n bring_v down_o the_o value_n of_o the_o native_a stock_n and_o put_v a_o stop_n to_o the_o labour_n and_o industry_n of_o the_o people_n in_o further_a improve_n the_o ware_n of_o the_o country_n it_o be_v not_o material_a what_o sort_n of_o foreign_a ware_n the_o surplus_n be_v exchange_v for_o whether_o they_o be_v perishable_a or_o not_o so_o they_o do_v not_o lessen_v the_o industry_n of_o the_o people_n which_o be_v easy_o prevent_v by_o put_v such_o a_o duty_n upon_o they_o as_o may_v make_v they_o too_o dear_a for_o common_a use_n for_o the_o merchant_n and_o those_o that_o be_v concern_v in_o the_o ship_n grow_v rich_a and_o get_v as_o much_o by_o import_v wine_n oil_n fruit_n and_o other_o perishable_a good_n as_o they_o will_v do_v by_o import_v iron_n copper_n silver_n gold_n or_o other_o good_n as_o durable_a or_o perhaps_o more_o because_o of_o the_o bulkiness_n of_o the_o oil_n wine_n etc._n etc._n which_o pay_v a_o great_a freight_n than_o the_o other_o good_n and_o it_o be_v a_o advantage_n to_o the_o merchant_n and_o to_o all_o trader_n in_o general_a that_o the_o good_n they_o deal_v in_o be_v perishable_a because_o there_o be_v a_o continual_a occasion_n to_o make_v and_o fetch_v more_o as_o fast_o as_o those_o be_v spend_v and_o if_o they_o be_v to_o deal_v only_o in_o ware_n that_o be_v not_o perishable_a in_o a_o short_a time_n there_o will_v be_v more_o import_v of_o such_o good_n than_o there_o be_v occasion_n for_o and_o so_o there_o will_v be_v a_o end_n of_o their_o trade_n and_o a_o stop_n to_o the_o industry_n of_o the_o people_n so_o that_o the_o question_n of_o which_o nation_n thrive_v most_o can_v be_v determine_v by_o observe_v which_o import_v most_o good_n in_o value_n that_o be_v perishable_a but_o by_o observe_v which_o import_v most_o of_o such_o sort_n of_o good_n that_o most_o increase_n or_o lessen_v the_o labour_n and_o industry_n of_o the_o people_n and_o which_o nation_n import_v or_o export_v most_o of_o such_o good_n by_o which_o the_o great_a number_n of_o the_o inhabitant_n be_v make_v rich_a this_o can_v never_o be_v discern_v by_o the_o value_n of_o good_n in_o the_o customhouse_n book_n or_o by_o any_o other_o calculation_n that_o be_v propose_v for_o the_o take_v a_o account_n of_o the_o balance_n of_o trade_n for_o though_o a_o nation_n shall_v import_v and_o consume_v less_o in_o value_n of_o the_o foreign_a commodity_n than_o be_v export_v of_o the_o native_a and_o the_o rest_n which_o be_v the_o balance_n shall_v be_v pay_v in_o bullion_n yet_o such_o a_o nation_n may_v grow_v poor_a and_o be_v undo_v for_o suppose_v antwerp_n be_v the_o staple_n for_o wool_n as_o it_o be_v former_o before_o england_n have_v the_o knowledge_n of_o make_v cloth_n and_o the_o english_a wool_n be_v carry_v thither_o and_o in_o exchange_n the_o merchant_n bring_v back_o as_o much_o cloth_n as_o be_v necessary_a to_o supply_v england_n and_o the_o rest_n they_o return_v in_o bullion_n yet_o it_o be_v plain_a the_o nation_n will_v be_v a_o great_a loser_n by_o such_o a_o trade_n though_o it_o do_v not_o consume_v so_o much_o of_o their_o foreign_a cloth_n in_o value_n as_o the_o fleming_n do_v of_o our_o wool_n for_o by_o such_o a_o trade_n all_o those_o that_o use_v to_o make_v the_o cloth_n and_o stuff_n will_v grow_v poor_a for_o want_v of_o employment_n and_o the_o nation_n will_v lose_v the_o profit_n of_o their_o labour_n and_o the_o same_o argument_n may_v be_v use_v in_o export_v of_o raw_a hide_n or_o any_o other_o commodity_n that_o be_v unwrought_a so_o that_o it_o be_v not_o from_o the_o value_n of_o the_o good_n import_v but_o from_o the_o difference_n in_o the_o nature_n and_o quality_n of_o the_o good_n that_o make_v a_o nation_n rich_a or_o poor_a and_o the_o import_v of_o wine_n or_o any_o other_o commodity_n that_o be_v only_o for_o the_o use_n of_o the_o rich_a sort_n of_o people_n which_o do_v not_o hinder_v the_o labour_n and_o industry_n of_o the_o nation_n be_v as_o profitable_a as_o the_o import_v of_o bullion_n so_o that_o the_o take_v a_o account_n of_o the_o poverty_n or_o riches_n of_o a_o nation_n by_o such_o a_o balance_n of_o trade_n from_o the_o value_n of_o good_n if_o such_o account_n can_v be_v take_v will_v be_v of_o no_o use_n there_o be_v but_o one_o infallible_a symptom_n to_o know_v when_o trading_n nation_n thrive_v and_o grow_v rich_a that_o be_v when_o the_o inhabitant_n grow_v more_o populous_a when_o they_o enlarge_v and_o new-build_a their_o city_n and_o town_n and_o when_o they_o increase_v their_o ship_n and_o naval_a strength_n i_o have_v insist_v long_o on_o this_o subject_a than_o be_v necessary_a in_o this_o discourse_n and_o the_o rather_o because_o the_o balance_n of_o trade_n do_v so_o general_o perplex_v all_o debate_n concern_v trade_n and_o that_o the_o notion_n seem_v as_o if_o it_o be_v at_o first_o invent_v by_o some_o merchant_n on_o pu_fw-fr pose_n to_o mislead_v man_n reason_n about_o trade_n because_o it_o be_v common_o use_v for_o a_o argument_n against_o any_o flourish_a trade_n that_o such_o a_o trade_n be_v not_o for_o the_o interest_n of_o the_o nation_n the_o spanish_a merchant_n use_v to_o cry_v out_o against_o the_o french_a the_o turkey_n company_n against_o the_o east-india_n company_n and_o now_o all_o of_o they_o against_o the_o dutch._n and_o all_o their_o argument_n be_v draw_v from_o the_o balance_n of_o trade_n by_o which_o argument_n they_o too_o often_o prevail_v to_o get_v prohibition_n and_o great_a imposition_n to_o lessen_v such_o and_o such_o trade_n for_o each_o merchant_n particular_a advantage_n and_o too_o often_o against_o the_o interest_n of_o the_o nation_n but_o to_o return_v to_o the_o question_n that_o be_v whether_o if_o the_o balance_n of_o trade_n be_v against_o a_o nation_n the_o money_n will_v be_v carry_v out_o to_o pay_v the_o debt_n be_v the_o value_n of_o it_o raise_v or_o not_o and_o though_o i_o be_o of_o a_o opinion_n there_o never_o be_v any_o balance_n of_o trade_n make_v up_o nor_o can_v be_v by_o any_o method_n propose_v as_o i_o have_v yet_o hear_v of_o nor_o any_o such_o use_n to_o be_v make_v by_o it_o as_o be_v expect_v if_o it_o can_v be_v find_v out_o yet_o because_o i_o can_v think_v that_o gentleman_n may_v on_o a_o sudden_a alter_v their_o opinion_n by_o any_o thing_n that_o i_o have_v write_v against_o a_o subject_a so_o general_o believe_v i_o will_v therefore_o for_o