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england_n edward_n king_n succeed_v 2,762 5 9.6470 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A55623 An essay on the coin and commerce of the kingdom trade and treasure (which are twins) being the only supporters thereof next to religion and justice. Praed, John. 1695 (1695) Wing P3163A; ESTC R221798 53,333 71

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receive_v any_o such_o money_n answ_n to_o this_o i_o answer_v that_o when_o the_o money_n be_v mill_v there_o will_v be_v no_o great_a fear_n of_o have_v it_o clip_v because_o it_o will_v not_o pass_v then_o as_o other_o clip_v money_n do_v now_o but_o it_o may_v be_v so_o cunning_o counterfeit_v that_o they_o deserve_v worse_o than_o banishment_n and_o twenty_o pound_n fine_a that_o be_v find_v guilty_a of_o the_o fact_n and_o a_o severe_a penalty_n will_v be_v too_o hard_a upon_o any_o one_o that_o shall_v be_v deceive_v therewith_o nothing_o but_o exceed_a care_n and_o judgement_n can_v prevent_v their_o be_v sometime_o deceive_v the_o people_n abroad_o have_v scale_n and_o touchstone_n to_o prevent_v the_o receive_n of_o counterfeit-money_n and_o before_o the_o jew_n silver_n be_v turn_v into_o dross_n abraham_n weigh_v unto_o ephron_n the_o silver_n which_o he_o have_v name_v in_o the_o audience_n of_o the_o son_n of_o heth_n four_o hundred_o shekel_n of_o silver_n 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etc._n etc._n with_o the_o factor_n and_o to_o speak_v with_o all_o modesty_n they_o gain_v above_o 12_o per_fw-la cent._n more_o than_o the_o merchant_n do_v by_o more_o advantageous_a trade_n and_o there_o be_v a_o great_a many_o concern_v in_o this_o craft_n that_o shall_v refund_v a_o great_a deal_n for_o the_o present_a occasion_n ix_o and_o if_o our_o trade_n and_o justice_n be_v regulate_v together_o with_o our_o coin_n and_o religion_n honest_o and_o 〈…〉_o our_o king_n be_v most_o excellent_a majesty_n may_v use_v a_o great_a style_n of_o sovereignty_n than_o this_o of_o king_n edgar_n wherewith_o and_o with_o a_o few_o other_o word_n i_o conclude_v ego_fw-la edgarus_n anglorum_fw-la 〈◊〉_d 〈◊〉_d 〈◊〉_d 〈◊〉_d 〈◊〉_d omnicumque_fw-la regum_fw-la insularumque_fw-la oceani_fw-la britannici_fw-la circumjacentium_fw-la cunctarumque_fw-la nationum_fw-la quae_fw-la infra_fw-la eam_fw-la includuntur_fw-la imperator_fw-la ac_fw-la dominus_fw-la and_o now_o i_o think_v from_o what_o have_v be_v say_v or_o rather_o show_v it_o may_v be_v see_v a_o little_a how_o much_o god_n and_o nature_n have_v do_v for_o we_o more_o than_o we_o endeavour_v to_o do_v for_o ourselves_o and_o i_o wish_v that_o any_o part_n of_o this_o enterprise_n may_v answer_v the_o end_v for_o which_o the_o whole_a be_v design_v with_o all_o sincerity_n and_o goodwill_n for_o else_o i_o will_v have_v rob_v and_o steal_v from_o the_o authority_n i_o have_v acknowledge_v transmigrate_v their_o dispensatory_n into_o the_o wrong_a appropriation_n and_o make_v those_o doctor_n opinion_n pass_v for_o my_o own_o who_o be_o the_o most_o unfit_a person_n to_o prescribe_v any_o thing_n for_o the_o distemper_n of_o state_n in_o a_o corrupt_a time_n finis_fw-la
a_o essay_n on_o the_o coin_n and_o commerce_n of_o the_o kingdom_n trade_n and_o treasure_n which_o be_v twin_n be_v the_o only_a supporter_n thereof_o next_o to_o religion_n and_o justice_n for_o the_o merchandise_n of_o it_o be_v better_a than_o the_o merchandise_n of_o silver_n and_o the_o gain_n thereof_o than_o fine_a gold_n london_n print_v and_o publish_v for_o the_o consideration_n of_o the_o present_a and_o future_a session_n of_o parliament_n 1695._o to_o the_o high_a court_n of_o parliament_n and_o particular_o to_o the_o grand_a committee_n of_o trade_n appoint_v mart._n 19_o feb._n 94._o to_o sit_v every_o tuesday_n thursday_n and_o saturday_n in_o the_o afternoon_n and_o to_o the_o honourable_a committee_n appoint_v to_o receive_v proposal_n for_o prevention_n of_o clip_v and_o coin_v sir_n since_o i_o expose_v the_o follow_a particular_n for_o the_o public_a good_a and_o do_v most_o humble_o submit_v they_o to_o your_o honourable_a protection_n i_o hope_v no_o particular_a person_n will_v be_v displease_v with_o i_o for_o relate_v only_o what_o some_o other_o think_v fit_a to_o say_v etc._n etc._n part_n i._n i._o sometime_o before_o the_o late_a revolution_n i_o have_v hear_v the_o s_n auh_o of_o some_o other_o country_n compare_v the_o english_a in_o many_o parallel_n respect_v to_o the_o jew_n and_o greek_n two_o nation_n very_o honourable_a and_o brave_a in_o their_o ancestry_n but_o ignoble_a and_o base_a in_o the_o degeneracy_n of_o their_o descendant_n for_o which_o they_o now_o both_o suffer_v both_o under_o a_o heathen_a and_o a_o christian_a yoke_n from_o which_o good_a lord_n deliver_v we_o and_o it_o shall_v be_v the_o often_o in_o our_o litany_n because_o the_o wise_a venetian_n more_o worthy_o than_o the_o other_o do_v value_n themselves_o on_o a_o prospect_n of_o futurity_n at_o a_o very_a great_a distance_n and_o will_v never_o in_o their_o senate_n enact_v any_o thing_n as_o to_o day_n until_o they_o consider_v and_o see_v what_o will_v come_v of_o it_o to_o morrow_n etc._n etc._n ii_o the_o form_n and_o state_n of_o the_o jewish_a government_n be_v often_o change_v its_o lustre_n obscure_v and_o its_o puissance_n and_o grandeur_n lessen_v and_o impair_v according_a to_o the_o degree_n of_o the_o people_n transgression_n who_o draw_v iniquity_n with_o cord_n of_o vanity_n and_o sin_v as_o it_o be_v with_o a_o cart-rope_n for_o which_o their_o silver_n be_v turn_v into_o dross_n and_o their_o justice_n into_o wormwood_n their_o city_n be_v burn_v with_o fire_n their_o land_n stranger_n devour_v it_o in_o their_o presence_n the_o people_n be_v oppress_v every_o one_o by_o another_o and_o the_o reward_n of_o their_o own_o hand_n be_v give_v they_o and_o at_o last_o they_o be_v entire_o leave_v without_o a_o sceptre_n and_o bring_v under_o the_o roman_a yoke_n as_o our_o religion_n have_v late_o be_v have_v not_o the_o providence_n of_o god_n protect_v it_o by_o mean_n of_o his_o heroic_a and_o most_o excellent_a majesty_n and_o his_o late_a most_o religious_a and_o royal_a consort_n of_o famous_a and_o everlasting_a memory_n iii_o and_o as_o the_o jew_n be_v so_o be_v the_o greek_n who_o become_v first_o so_o careless_a of_o their_o honour_n and_o afterward_o of_o their_o country_n be_v mind_v at_o last_o only_o their_o private_a interest_n that_o when_o they_o lose_v coiro_n docastron_n they_o laugh_v at_o it_o and_o slight_o say_v by_o way_n of_o preface_n and_o introduction_n to_o their_o future_a misfortune_n and_o distress_n that_o it_o signify_v but_o as_o the_o word_n do_v a_o pig-stye_n but_o soon_o after_o the_o turk_n teach_v they_o by_o woeful_a experience_n to_o understand_v what_o it_o be_v not_o to_o understand_v and_o redress_v grievance_n in_o their_o prime_n before_o they_o come_v to_o a_o irreparable_a pass_n iv_o the_o great_a grievance_n which_o now_o we_o all_o complain_v of_o and_o not_o a_o little_a but_o much_o too_o late_a be_v our_o clip_v silver_n and_o dross-money_n and_o our_o decay_n of_o treasure_n and_o trade_n together_o and_o since_o four_o such_o sad_a calamity_n have_v befall_v this_o kingdom_n in_o such_o a_o time_n of_o war_n let_v we_o first_o inquire_v into_o the_o cause_n of_o they_o the_o knowledge_n of_o the_o cause_n be_v the_o first_o step_n to_o the_o care_n now_o the_o general_a cause_n of_o so_o general_a a_o calamity_n not_o altogether_o unlike_a that_o of_o the_o jew_n and_o greek_n both_o in_o cause_n and_o effect_v must_v needs_o be_v first_o our_o general_a degeneracy_n and_o our_o little_a regard_n to_o religion_n grievance_n trade_n and_o justice_n for_o which_o there_o be_v appoint_v four_o principal_a committee_n at_o the_o open_n of_o every_o session_n of_o parliament_n v._o commerce_n v._o and_o here_o it_o may_v be_v note_v that_o the_o dutch_a etc._n etc._n have_v of_o late_a year_n exhaust_v both_o money_n and_o good_n from_o we_o and_o have_v pay_v we_o for_o both_o but_o in_o our_o own_o coin_n i_o mean_v 〈◊〉_d money_n as_o they_o coin_v and_o clip_v for_o such_o kind_n of_o commerce_n a_o particular_a and_o a_o very_a considerable_a cause_v of_o the_o decay_n of_o our_o treasure_n in_o general_n i_o mean_v of_o our_o money_n and_o manufacture_n be_v the_o over_o balance_n of_o trade_n which_o the_o great_a part_n of_o the_o wise_a world_n have_v long_o since_o gain_v from_o we_o and_o whereby_o they_o have_v exhaust_v our_o treasure_n either_o in_o bill_n money_n bullyon_n or_o good_n which_o as_o some_o of_o they_o especial_o have_v manage_v the_o matter_n have_v be_v almost_o equal_a gain_n to_o they_o and_o the_o like_a loss_n to_o we_o for_o if_o for_o instance_n we_o import_v one_o year_n with_o another_o good_n to_o the_o value_n of_o three_o million_o sterling_a and_o do_v export_v good_n but_o to_o the_o value_n of_o two_o million_o the_o nation_n must_v yearly_o lose_v a_o million_o one_o way_n or_o another_o and_o will_v be_v in_o the_o same_o state_n and_o condition_n of_o a_o gentleman_n that_o spend_v fifteen_o hundred_o pound_n a_o year_n out_o of_o a_o thousand_o pound_n per_fw-la annum_fw-la if_o matter_n be_v not_o remedy_v in_o edward_n the_o three_o time_n the_o english_a have_v the_o overbalance_n of_o trade_n in_o their_o favour_n and_o that_o king_n have_v prohibit_v the_o exportation_n of_o our_o wool_n ordain_v new_a coin_n for_o conveniency_n etc._n etc._n have_v the_o advantage_n of_o war_n by_o that_o advantage_n of_o trade_n and_o have_v many_o volunteer_n for_o man_n courage_n sympathize_v with_o their_o coin_n as_o it_o be_v base_a or_o noble_a invade_v france_n with_o a_o valiant_a and_o victorious_a army_n and_o be_v the_o first_o king_n that_o quarter_v the_o arm_n of_o france_n with_o those_o of_o england_n england_n under_z queen_n elizabeth_z have_v likewise_o great_a advantage_n in_o war_n with_o spain_n etc._n etc._n by_o mean_n of_o the_o advantage_n it_o then_o also_o have_v in_o trade_n as_o well_o as_o it_o have_v by_o nature_n and_o situation_n but_o in_o the_o four_o latter_a reign_n which_o succeed_v she_o and_o precede_v his_o present_a majesty_n in_o a_o slothful_a and_o drowsy_a peace_n as_o my_o lord_n bacon_n call_v it_o in_o his_o advancement_n of_o learning_n the_o prince_n and_o their_o people_n like_o one_o another_o neglect_v first_o the_o reform_a religion_n next_o the_o justice_n than_o the_o trade_n and_o at_o last_o the_o treasure_n of_o the_o nation_n as_o well_o as_o the_o state_n of_o war_n which_o queen_n elizabeth_n leave_v it_o in_o do_v lose_v in_o general_n not_o only_o their_o courage_n but_o so_o much_o of_o their_o coin_n and_o other_o treasure_n as_o will_v nonplus_n the_o arithmetic_n of_o archimedes_n who_o undertake_v to_o write_v the_o number_n of_o the_o sand_n to_o cast_v up_o a_o account_n thereof_o for_o the_o most_o modest_a computation_n do_v reckon_v from_o matter_n of_o the_o most_o infallible_a fact_n that_o from_o the_o first_o of_o king_n james_n the_o first_o to_o the_o last_o of_o king_n james_n the_o second_o this_o nation_n lose_v one_o year_n with_o another_o above_o two_o million_o sterling_a by_o trading_n only_o with_o two_o or_o three_o other_o nation_n on_o unequal_a and_o disadvantageous_a term_n and_o king_n charles_n the_o second_o be_v make_v so_o sensible_a by_o mr._n fortrey_n and_o other_o of_o the_o vast_a advantage_n which_o the_o french_a then_o have_v of_o we_o by_o our_o so_o disadvantageous_a trade_n with_o they_o in_o particular_a that_o he_o promise_v the_o nation_n a_o council_n of_o trade_n consist_v of_o some_o of_o the_o principal_a merchant_n of_o each_o company_n of_o some_o of_o the_o best_a qualify_a gentleman_n in_o the_o kingdom_n and_o for_o the_o great_a honour_n thereof_o some_o of_o his_o majesty_n own_o privy_a council_n but_o he_o promise_v like_o a_o merchant_n etc._n etc._n and_o if_o one_o hundred_o pound_n 9_o as_o sir_n
england_n will_v not_o cause_v a_o transportation_n of_o most_o of_o that_o that_o be_v now_o currant_n to_o be_v mint_v in_o the_o netherlands_o and_o from_o they_o bring_v back_o again_o whereby_o his_o majesty_n mint_n will_v fail_v by_o the_o exported_a benefit_n 4._o whether_o the_o advance_v the_o silver_n coin_n if_o it_o produce_v the_o former_a effect_n will_v not_o cause_v the_o market_n to_o be_v unfurnished_v of_o present_a coin_n to_o drive_v the_o exchange_n when_o most_o of_o the_o old_a will_v be_v use_v in_o bullion_n 5._o whether_o the_o high_a we_o raise_v the_o coin_n at_o home_n we_o make_v not_o thereby_o our_o commodity_n beyond_o sea_n the_o cheap_a 6._o whether_o the_o great_a profit_n by_o this_o enhaunse_a will_v not_o grow_v to_o the_o ill_a member_n of_o the_o state_n that_o have_v former_o cull_v the_o weighty_a piece_n and_o sell_v they_o to_o the_o stranger-merchant_n to_o be_v transport_v v._o and_o at_o the_o same_o time_n these_o general_a rule_n be_v collect_v out_o of_o the_o consultation_n at_o court_n concern_v money_n and_o bullion_n 1._o gold_n and_o silver_n have_v a_o twofold_a estimation_n in_o the_o intrinsic_a as_o they_o be_v money_n they_o be_v the_o prince_n measure_v give_v to_o his_o people_n and_o this_o be_v a_o prerogative_n of_o king_n in_o the_o intrinsic_a they_o be_v commodity_n value_v each_o other_o according_a to_o the_o plenty_n or_o scarcity_n and_o so_o all_o other_o commodity_n by_o they_o and_o that_o be_v the_o sole_a power_n of_o trade_n 2._o the_o measure_n in_o a_o kingdom_n ought_v to_o be_v constant_a it_o be_v the_o justice_n and_o honour_n of_o the_o king_n for_o if_o they_o be_v alter_v all_o man_n etc._n it_o be_v just_a now_o so_o with_o our_o guineas_n etc._n etc._n at_o that_o instant_a be_v deceive_v in_o their_o precedent_n contract_v either_o for_o land_n or_o money_n and_o the_o king_n most_o of_o all_o for_o no_o man_n know_v then_o either_o what_o he_o have_v or_o what_o he_o owe_v 3._o this_o make_v the_o lord_n treasurer_n burleigh_n in_o 1573._o when_o some_o projector_n have_v set_v on_o foot_n a_o matter_n of_o this_o nature_n to_o tell_v they_o that_o they_o be_v worthy_a to_o suffer_v death_n for_o attempt_v to_o put_v so_o great_a a_o dishonour_n on_o the_o queen_n and_o detriment_n and_o discontent_n upon_o the_o people_n for_o to_o alter_v this_o public_a measure_n be_v to_o leave_v all_o the_o market_n of_o the_o kingdom_n unfurnished_v and_o what_o will_v be_v the_o mischief_n the_o proclamation_n of_o 5_o ed._n vi_o 3_o mariae_fw-la eliz._n 5_o edw._n vi_o 3_o mariaet_fw-la 4_o eliz._n and_o 4_o eliz._n will_v manifest_v when_o but_o a_o rumour_n of_o the_o like_a produce_v that_o effect_v so_o far_o that_o beside_o the_o faith_n of_o the_o prince_n to_o the_o contrary_n deliver_v in_o their_o edict_n they_o be_v enforce_v to_o cause_v the_o magistrate_n in_o every_o shire_n respective_o to_o constrain_v the_o people_n to_o furnish_v the_o market_n to_o prevent_v a_o mutiny_n 4._o to_o make_v this_o measure_n then_o at_o this_o time_n short_a be_v to_o raise_v all_o prize_n or_o to_o turn_v the_o money_n or_o measure_n into_o disise_n or_o bullion_n when_o it_o be_v rich_a by_o seven_o in_o the_o hundred_o in_o the_o mass_n than_o the_o new_a money_n and_o yet_o of_o no_o more_o value_n in_o the_o market_n 5._o hence_o of_o necessity_n it_o must_v follow_v that_o there_o will_v not_o in_o a_o long_a time_n be_v sufficient_a mint_v of_o the_o new_a to_o drive_v the_o exchange_n of_o the_o kingdom_n and_o so_o all_o trade_n at_o one_o instant_a at_o a_o stand_n and_z in_o the_o mean_a time_n the_o market_n unfurnish_a which_o how_o it_o may_v concern_v the_o quiet_a of_o the_o state_n be_v worthy_a care_n 6._o and_o thus_o far_o as_o money_n be_v a_o measure_n 7._o now_o as_o it_o be_v a_o commodity_n it_o be_v respect_v and_o value_v by_o the_o intrinsic_a quality_n and_o first_o the_o one_o metal_n to_o the_o other_o 8._o all_o commodity_n be_v prize_v by_o plenty_n or_o scarcity_n by_o dearness_n or_o cheapness_n the_o one_o by_o the_o other_o if_o therefore_o we_o desire_v our_o silver_n to_o buy_v gold_n as_o it_o of_o late_o have_v do_v we_o must_v let_v it_o be_v the_o cheaper_o and_o less_o in_o proportion_n value_v and_o so_o contrary_a for_o one_o equivalent_a proportion_n in_o both_o will_v bring_v in_o neither_o we_o see_v the_o proof_n thereof_o by_o the_o unusual_a quantity_n of_o gold_n bring_v late_o to_o the_o mint_n by_o reason_n of_o the_o price_n for_o we_o rate_v it_o above_o all_o other_o country_n and_o gold_n may_v be_v buy_v too_o dear_a to_o furnish_v then_o this_o way_n the_o mint_n with_o both_o be_v altogether_o impossible_a 9_o and_o at_o this_o time_n it_o be_v apparent_o prove_v both_o by_o the_o best_a artist_n and_o merchant_n most_o acquaint_v with_o the_o exchange_n in_o both_o the_o example_n of_o the_o mint-master_n in_o the_o rix_n dollar_n and_o real_a of_o eight_o that_o silver_n here_o be_v of_o equal_a value_n and_o gold_n above_o with_o the_o foreign_a part_n in_o the_o intrinsic_a and_o that_o the_o fallacy_n present_v to_o the_o lord_n by_o the_o mint-master_n be_v only_o in_o the_o nomination_n or_o intrinsic_a quality_n 10._o but_o if_o we_o desire_v both_o it_o be_v not_o raise_v of_o the_o value_n that_o do_v it_o but_o the_o balance_a of_o trade_n for_o buy_v we_o in_o more_o than_o we_o sell_v of_o other_o commodity_n be_v the_o money_n never_o so_o high_a prize_v we_o must_v part_v with_o it_o to_o make_v the_o disproportion_n even_o if_o we_o sell_v more_o than_o we_o buy_v the_o contrary_n will_v follow_v 11._o and_o this_o be_v plain_a in_o spain_n necessity_n for_o shall_v that_o king_n advance_v to_o a_o double_a rate_n his_o real_a of_o eight_o yet_o need_v by_o reason_n of_o the_o barrenness_n of_o his_o country_n more_o of_o foreign_a ware_n than_o he_o can_v counter_o vail_v by_o enchange_n with_o his_o own_o he_o must_v part_v with_o his_o money_n and_o gain_v no_o more_o by_o exhaunce_v his_o coin_n but_o that_o he_o pay_v a_o high_a price_n for_o the_o commodity_n he_o buy_v if_o his_o work_n of_o raise_v be_v his_o own_o but_o if_o we_o shall_v make_v improvement_n of_o gold_n and_o silver_n be_v the_o staple_n commodity_n of_o his_o state_n we_o then_o advance_v the_o price_n of_o he_o abase_v to_o he_o our_o own_o commodity_n 12._o to_o shape_v this_o kingdom_n to_o the_o fashion_n of_o the_o netherlands_o be_v to_o frame_v a_o royal_a monarch_n by_o a_o society_n of_o merchant_n their_o country_n be_v a_o continual_a fair_a and_o so_o the_o price_n of_o money_n must_v rise_v and_o fall_v to_o fit_v their_o occasion_n we_o see_v this_o by_o raise_v the_o exchange_n at_o frankford_n and_o other_o place_n at_o the_o usual_a time_n of_o their_o mart_n 13._o the_o frequent_a and_o daily_a change_n in_o the_o low_a country_n of_o their_o money_n be_v no_o such_o injustice_n to_o any_o there_o as_o it_o will_v be_v here_o for_o be_v all_o either_o mechanic_n or_o merchant_n they_o can_v rate_n according_o their_o labour_n or_o their_o ware_n whether_o it_o be_v coin_n or_o other_o merchandise_n to_o the_o present_a condition_n of_o their_o money_n in_o exchange_n 14._o and_o our_o english_a merchant_n to_o who_o profession_n it_o proper_o belong_v do_v so_o according_a to_o the_o just_a intrinsic_a value_n of_o their_o foreign_a coin_n in_o all_o barter_n of_o commodity_n or_o exchange_n except_o at_o usance_n which_o we_o that_o be_v rule_v and_o tie_v by_o the_o intrinsic_a measure_n of_o money_n in_o all_o our_o constant_a reckon_n and_o annual_a bargain_n at_o home_n can_v do_v 15._o and_o for_o we_o then_o to_o raise_v our_o coin_n at_o this_o time_n to_o equal_v their_o proportion_n be_v but_o to_o render_v ourselves_o to_o a_o perpetual_a incertainty_n for_o they_o will_v raise_v upon_o we_o daily_o then_o again_o which_o if_o we_o of_o course_n shall_v follow_v else_o receive_v no_o profit_n by_o this_o present_a change_n we_o then_o destroy_v the_o policy_n justice_n honour_n and_o tranquillity_n of_o our_o state_n at_o home_n for_o ever_o if_o we_o go_v on_o debase_v our_o money_n manufacture_n and_o navigation_n to_o make_v even_o with_o the_o dutch_a we_o may_v now_o in_o a_o very_a short_a time_n undo_v the_o nation_n and_o there_o be_v nothing_o that_o can_v recover_v we_o at_o present_a but_o the_o balance_n regulation_n and_o advancement_n of_o trade_n which_o the_o king_n be_v most_o excellent_a majesty_n have_v so_o often_o recommend_v to_o his_o parliament_n and_o by_o which_o mean_v edward_n iii_o get_v that_o advantage_n of_o invade_v france_n and_o deal_v with_o it_o as_o he_o do_v to_o the_o great_a honour_n and_o
interest_n of_o england_n vi_o edward_n iii_o have_v that_o game_n to_o play_v with_o france_n either_o he_o must_v win_v or_o lose_v it_o his_o spirit_n be_v too_o big_a to_o sit_v still_o and_o yet_o 64._o historical_a discourse_n of_o the_o uniformity_n of_o the_o government_n of_o england_n from_o the_o first_o time_n to_o the_o reign_n of_o edward_n iii_o print_v 1647._o part_n 2._o p._n 64._o pre-advising_a himself_o about_o the_o poverty_n of_o the_o people_n and_o that_o their_o patience_n will_v be_v spend_v soon_o after_o their_o supply_n if_o they_o continual_o see_v much_o go_v out_o and_o nothing_o come_v in_o he_o lay_v a_o platform_n for_o the_o augment_v of_o the_o treasure_n of_o the_o kingdom_n as_o well_o for_o the_o benefit_n of_o the_o people_n as_o of_o the_o crown_n by_o tax_n 1._o tax_n p._n 65._o 1._o and_o although_o it_o be_v true_a that_o edward_n iii_o be_v a_o king_n of_o many_o tax_n above_o all_o his_o predecessor_n yet_o can_v this_o be_v impute_v as_o a_o blot_n to_o his_o honour_n or_o liberty_n of_o the_o people_n for_o the_o king_n be_v not_o so_o unwise_a as_o either_o to_o desire_v it_o without_o evident_a cause_n or_o to_o spend_v it_o in_o secret_a or_o upon_o his_o own_o private_a interest_n nor_o so_o weak_a and_o irresolved_a as_o not_o to_o employ_v himself_o and_o his_o soldier_n to_o the_o utmost_a to_o bring_v to_o pass_v his_o intention_n nor_o so_o unhappy_a as_o to_o fail_v of_o the_o desirable_a issue_n of_o what_o he_o take_v in_o hand_n so_o as_o though_o the_o people_n part_v with_o much_o money_n yet_o the_o kingdom_n gain_v much_o honour_n and_o renown_n and_o become_v a_o terror_n to_o their_o neighbour_n enjoy_v what_o they_o have_v in_o full_a security_n and_o so_o be_v no_o loser_n by_o the_o bargain_n in_o the_o conclusion_n for_o the_o people_n have_v quid_fw-la pro_fw-la quo_fw-la by_o the_o advance_n of_o trade_n ☜_o p._n 66._o 2._o ☜_o wherein_o the_o king_n show_v himself_o the_o cape_n merchant_n of_o the_o world_n certain_o man_n part_n in_o those_o time_n be_v of_o vast_a reach_n that_o can_v manage_v such_o war_n settle_v such_o a_o government_n and_o lay_v such_o a_o foundation_n of_o a_o treasury_n by_o trade_n a_o thing_n necessary_a to_o this_o island_n next_o unto_o its_o own_o be_v as_o may_v appear_v not_o only_o in_o regard_n of_o the_o riches_n of_o this_o nation_n but_o in_o regard_n of_o the_o strength_n thereof_o and_o in_o regard_n of_o the_o maintenance_n of_o the_o crown_n the_o two_o latter_a of_o which_o be_v no_o other_o than_o a_o natural_a effluence_n of_o the_o former_a it_o will_v be_v sufficient_a to_o touch_v the_o same_o in_o order_n to_o the_o thing_n in_o hand_n now_o as_o touch_v that_o ☞_o ☞_o it_o be_v evident_a that_o the_o riches_n of_o any_o nation_n be_v support_v by_o the_o conjuncture_n of_o three_o regard_n i._o that_o the_o natural_a commodity_n of_o the_o nation_n may_v be_v improve_v ii_o that_o the_o poor_a sort_n of_o people_n be_v set_v on_o work_n iii_o 3._o p._n 67._o 3._o that_o the_o value_n of_o money_n be_v right_o balance_v 1._o for_o as_o on_o the_o one_o part_n though_o the_o people_n be_v never_o so_o laborious_a if_o the_o natural_a commodity_n of_o the_o island_n be_v not_o improve_v by_o their_o labour_n the_o people_n can_v never_o grow_v much_o rich_a than_o bare_o for_o subsistence_n during_o their_o labour_n and_o here_o let_v i_o humble_o presume_v to_o say_v ☞_o ☞_o that_o so_o long_o as_o this_o nation_n be_v over_o balance_v by_o other_o in_o trade_n we_o can_v get_v nothing_o but_o by_o one_o another_o loss_n 2._o the_o endeavour_n be_v to_o advance_v manufacture_n and_o principal_o such_o of_o they_o as_o be_v make_v of_o the_o staple_n commodity_n among_o all_o which_o wool_n have_v the_o precedency_n as_o be_v the_o most_o principal_a and_o ancient_a commodity_n of_o the_o kingdom_n and_o the_o manufacture_n of_o wool_n of_o long_a use_n but_o have_v receive_v little_a encouragement_n before_o these_o time_n for_o that_o it_o former_o have_v be_v the_o principal_a flower_n in_o the_o flemish_a garden_n 68_o p._n 68_o and_o nourish_v from_o this_o nation_n by_o the_o continual_a supply_n of_o wool_n that_o it_o receive_v from_o hence_o which_o be_v the_o principal_a cause_n of_o the_o ancient_a league_n between_o the_o house_n of_o burgundy_n and_o this_o crown_n but_o edward_n iii_o be_v too_o well_o acquaint_v with_o the_o fleming_n affair_n ditto_n p._n ditto_n by_o a_o joint_a engagement_n with_o they_o in_o the_o war_n with_o france_n ☞_o ☞_o and_o therein_o have_v gain_v so_o good_a a_o opinion_n among_o they_o that_o he_o may_v have_v adventure_v to_o have_v change_v a_o compliment_n for_o a_o courtesy_n the_o staple_n beyond_o the_o sea_n be_v now_o take_v away_o he_o now_o inhibit_v the_o importation_n of_o foreign_a clothes_n and_o have_v gain_v these_o two_o step_n onward_o of_o his_o way_n he_o represent_v to_o the_o fleming_n their_o unsettled_a condition_n 5._o 11._o edw._n 3._o cap._n 2_o 3_o 5._o by_o these_o border_a war_n with_o france_n the_o peaceable_a condition_n of_o england_n and_o freedom_n of_o the_o people_n then_o propound_v to_o they_o a_o invitation_n to_o come_v over_o into_o england_n ☜_o p._n ditto_n ☜_o promise_v they_o share_v and_o share-like_a with_o his_o own_o people_n with_o such_o other_o immunity_n as_o they_o take_v his_o offer_n come_v over_o and_o bring_v their_o manufacture_n with_o they_o which_o can_v never_o after_o be_v recall_v so_o as_o now_o the_o wool_n and_o the_o manufacture_n live_v together_o ditto_n p._n ditto_n and_o like_v to_o man_n and_o wife_n so_o long_o as_o they_o care_v for_o one_o another_o both_o will_v thrive_v but_o if_o they_o come_v to_o play_v their_o game_n apart_o both_o will_v be_v loser_n in_o the_o conclusion_n another_o mean_n to_o advance_v trade_n be_v the_o settle_n of_o a_o rule_n upon_o exportation_n and_o importation_n ☜_o p._n 70._o 3._o ☜_o which_o wrought_v a_o double_a effect_n i._o that_o importation_n bring_v in_o more_o profit_n than_o exportation_n disburse_v ii_o that_o both_o exportation_n and_o importation_n be_v make_v by_o ship_n belong_v to_o this_o nation_n so_o far_o as_o it_o do_v consist_v with_o the_o benefit_n of_o this_o nation_n iii_o that_o the_o exportation_n be_v regulate_v to_o the_o overplus_a save_v the_o main_a stock_n at_o home_n 1._o the_o truth_n of_o the_o first_o will_v be_v evident_a from_o this_o ground_n ☜_o p._n ditto_n ☜_o that_o no_o nation_n can_v be_v rich_a that_o receive_v more_o dead_a commodity_n from_o abroad_o than_o it_o can_v spend_v at_o home_n or_o vend_v into_o foreign_a part_n especial_o if_o it_o be_v vend_v in_o its_o proper_a kind_n and_o not_o in_o money_n and_o therefore_o the_o law_n provide_v ☜_o 27_o edw._n iii_o ☜_o that_o no_o merchant_n shall_v export_v more_o money_n than_o he_o import_v and_o what_o he_o import_v must_v have_v be_v of_o the_o new_a stamp_n which_o it_o seem_v be_v inferior_a in_o value_n to_o the_o old_a 2._o the_o second_o be_v no_o less_o beneficial_a for_o as_o it_o be_v in_o war_n 71._o p._n 71._o so_o in_o all_o trade_n the_o great_a the_o number_n be_v that_o be_v employ_v the_o more_o effectual_a the_o issue_n will_v be_v 3._o the_o three_o and_o last_o consideration_n be_v as_o necessary_a as_o any_o of_o the_o former_a for_o if_o trade_n be_v maintain_v out_o of_o the_o main_a stock_n ☜_o ☜_o the_o kingdom_n in_o time_n must_v be_v bring_v to_o penury_n the_o last_o mean_n that_o be_v set_v on_o foot_n in_o the_o reign_n of_o edward_n iii_o for_o the_o advance_v of_o trade_n be_v the_o regulate_v the_o mint_n ☜_o p._n 74._o ☜_o and_o the_o currant_n of_o money_n this_o be_v the_o life_n and_o soul_n of_o trade_n for_o though_o exchange_n of_o commodity_n may_v do_v much_o yet_o it_o can_v be_v for_o all_o because_o it_o be_v not_o the_o lot_n of_o all_o to_o have_v exchangeable_a commodity_n nor_o to_o work_v for_o apparel_n and_o victual_n now_o in_o the_o manage_n of_o this_o trick_n of_o money_n ☞_o ☞_o two_o thing_n be_v principal_o look_v unto_o ditto_n p._n ditto_n 1._o that_o the_o money_n be_v good_a and_o currant_n 2._o that_o it_o shall_v be_v plentiful_a as_o touch_v the_o excellency_n of_o the_o money_n several_a rule_n be_v make_v 3._o 25_o edw._n 3._o stat._n 5._o cap_n 13._o 6_o edw._n 3._o cap._n 2_o and_o 3._o as_o against_o embase_v of_o money_n against_o foreign_a money_n not_o make_v currant_n and_o against_o counterfeit_n and_o false_a money_n for_o according_a to_o the_o goodness_n of_o the_o money_n ☞_o ☞_o so_o will_v the_o trade_n be_v more_o or_o less_o for_o the_o merchant_n will_v rather_o lose_v in_o the_o price_n of_o his_o