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england_n french_a king_n prince_n 8,899 5 6.0355 4 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A32833 A new discourse of trade wherein is recommended several weighty points relating to companies of merchants : the act of navigation, naturalization of strangers, and our woollen manufactures, the balance of trade, and the nature of plantations, and their consequences in relation to the kingdom, are seriously discussed and some proposals for erecting a court of merchants for determining controversies, relating to maritime affairs, and for a law for transferrance of bills of depts, are humbly offered / by Josiah Child. Child, Josiah, Sir, 1630-1699.; Culpeper, Thomas, Sir, 1578-1662. Small treatise against usury. 1693 (1693) Wing C3860; ESTC R5732 114,526 332

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do_v very_o much_o drain_v the_o ready_a money_n from_o all_o other_o part_n of_o the_o kingdom_n the_o second_o point_n i_o be_o to_o prove_v be_v that_o it_o will_v advance_v the_o rent_n of_o farm_n to_o prove_v that_o it_o do_v so_o in_o fact_n depend_v on_o memory_n and_o for_o my_o own_o part_n i_o and_o most_o other_o i_o converse_v with_o do_v perfect_o remember_v that_o rent_n do_v general_o rise_v after_o the_o late_a abatement_n of_o interest_n viz._n in_o the_o year_n 1651._o and_o 1652._o the_o reason_n why_o they_o do_v so_o be_v from_o the_o encouragement_n which_o that_o abatement_n of_o interest_n give_v to_o landlord_n and_o tenant_n to_o improve_v by_o draining_n marling_n lime_a etc._n etc._n excellent_o make_v out_o by_o the_o aforesaid_a two_o worthy_a author_n so_o that_o i_o do_v i_o think_v with_o good_a reason_n conclude_v that_o the_o present_a fall_n of_o rent_n be_v not_o natural_a but_o accidental_a and_o to_o be_v ascribe_v principal_o to_o the_o 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a_o quantity_n we_o can_v rational_o lose_v only_o the_o first_o cost_n which_o be_v but_o about_o 6_o or_o 7_o l._n per_fw-la tun_n and_o that_o amount_v to_o but_o 120000_o l._n or_o 140000_o l._n at_o the_o utmost_a all_o the_o rest_n be_v freight_n custom_n and_o charge_n pay_v to_o the_o king_n and_o our_o own_o countryman_n and_o consequent_o not_o lose_v to_o england_n to_o conclude_v this_o head_n i_o do_v agree_v full_o with_o the_o gentleman_n that_o luxury_n and_o prodigality_n be_v as_o well_o prejudicial_a to_o kingdom_n as_o to_o private_a family_n and_o that_o the_o expense_n of_o foreign_a commodity_n especial_o foreign_a manufacture_n be_v the_o worst_a expense_n a_o nation_n can_v be_v inclinable_a to_o and_o aught_o to_o be_v prevent_v as_o much_o as_o possible_a but_o that_o nothing_o have_v or_o will_v incline_v this_o or_o any_o other_o nation_n more_o to_o thriftiness_n and_o good_a husbandry_n than_o abatement_n of_o interest_n i_o think_v i_o have_v prove_v in_o the_o follow_a discourse_n and_o that_o therefore_o all_o that_o this_o gentleman_n have_v say_v about_o luxury_n etc._n etc._n be_v against_o himself_o and_o for_o lessen_v of_o interest_n the_o gentleman_n at_o the_o begin_n of_o his_o preface_n say_v he_o will_v not_o inquire_v into_o the_o lawfulness_n of_o interest_n but_o leave_v the_o scrupulous_a to_o the_o several_a discourse_n make_v public_a on_o that_o subject_n for_o my_o part_n i_o shall_v agree_v with_o he_o in_o that_o likewise_o and_o to_o the_o intent_n that_o what_o have_v be_v make_v public_a former_o may_v the_o better_o be_v know_v i_o will_v entreat_v those_o that_o will_v be_v thorough_o satisfy_v therein_o diligent_o to_o peruse_v a_o excellent_a treatise_n entitle_v the_o english_a usurer_n or_o usury_n condemn_v be_v a_o collection_n of_o the_o opinion_n of_o many_o of_o the_o learned_a father_n of_o the_o church_n of_o england_n
and_o master_n of_o ship_n etc._n etc._n and_o by_o that_o time_n he_o have_v trade_v ten_o year_n long_o if_o he_o succeed_v well_o it_o be_v six_o to_o one_o but_o he_o leave_v trade_n and_o turn_v country_n gentleman_n or_o usurer_n and_o so_o that_o profitable_a engine_n the_o wheel_n whereof_o by_o correspondency_n move_v one_o another_o in_o many_o part_n of_o the_o world_n which_o he_o have_v be_v so_o long_o a_o frame_n within_o a_o few_o year_n after_o it_o be_v bring_v to_o work_v well_o be_v break_v to_o piece_n and_o the_o benefit_n thereof_o to_o the_o kingdom_n which_o be_v ten_o time_n more_o than_o to_o he_o that_o make_v it_o be_v lose_v whereas_o in_o holland_n and_o italy_n where_o money_n be_v at_o 3_o and_o 4._o per_fw-la cent_z and_o consequent_o merchant_n force_v to_o keep_v and_o trust_v to_o their_o trade_n only_o their_o business_n be_v and_o must_v be_v so_o order_v and_o carry_v on_o from_o the_o beginning_n that_o when_o a_o man_n die_v the_o trade_n be_v no_o more_o disturb_v then_o when_o the_o wife_n die_v in_o england_n i_o be_o ashamed_a of_o the_o odious_a prolixity_n and_o repetition_n i_o be_o contrary_a to_o my_o nature_n force_v to_o use_v but_o my_o opposer_n do_v so_o often_o and_o i_o think_v disingenuous_o upbraid_v i_o with_o beg_v the_o question_n that_o i_o be_o compel_v to_o it_o the_o four_o thing_n i_o be_o to_o prove_v be_v that_o it_o multiply_v domestic_a artificer_n if_o the_o former_a be_v true_a that_o it_o increase_v foreign_a trade_n i_o suppose_v no_o man_n will_v have_v the_o confidence_n to_o deny_v this_o to_o be_v a_o necessary_a and_o infallible_a consequence_n of_o that_o for_o we_o see_v throughout_o the_o world_n wherever_o there_o be_v the_o great_a trade_n there_o be_v the_o most_o artificer_n and_o that_o since_o our_o own_o trade_n encrease●_n in_o england_n our_o artificer_n of_o all_o sort_n be_v proportionable_o increase_v the_o building_n of_o london_n have_v make_v multitude_n of_o bricklayer_n and_o carpenter_n much_o use_n of_o ship_n will_v make_v ship_n dear_a and_o the_o dearness_n of_o ship_n will_v make_v many_o shipwright_n much_o foreign_a trade_n will_v increase_v the_o vent_n of_o our_o native_a manufacture_n and_o much_o vent_n will_v make_v many_o workman_n and_o if_o we_o can_v get_v and_o breed_v they_o fast_o enough_o ourselves_o we_o shall_v draw_v they_o from_o foreign_a part_n as_o the_o dutch_a draw_v away_o we_o it_o be_v a_o wise_a and_o true_a observation_n of_o as_o i_o remember_v sir_n walter_n raleigh_n that_o no_o nation_n can_v want_v people_n that_o have_v good_a law_n the_o five_o thing_n to_o be_v prove_v be_v that_o it_o incline_v a_o nation_n to_o thriftiness_n this_o be_v likewise_o consequent_a to_o the_o former_a and_o by_o experience_n make_v good_a in_o england_n for_o since_o our_o trade_n increase_v though_o the_o generality_n of_o our_o nation_n be_v grow_v rich_a as_o i_o have_v show_v and_o consequent_o more_o splend_v in_o loathe_v plate_n jewel_n householdstuff_n and_o all_o other_o outward_a sign_n of_o riches_n yet_o be_v we_o not_o half_a so_o much_o give_v to_o hospitality_n and_o good_a housekeep_n as_o it_o be_v call_v as_o in_o former_a day_n when_o our_o great_a expense_n be_v upon_o our_o belly_n the_o most_o destructive_a consumption_n that_o can_v happen_v to_o a_o nation_n and_o tend_v only_o to_o nourish_v idleness_n luxury_n and_o beggary_n whereas_o that_o other_o kind_n of_o expense_n which_o follow_v trade_n encourage_v labour_n art_n and_o invention_n to_o which_o give_v ●●e_z leave_v to_o add_v that_o the_o abatement_n of_o interest_n conjoynt_v with_o excise_n upon_o our_o home_n consumption_n if_o the_o late_a can_v be_v hit_v upon_o without_o disturbance_n to_o trade_n or_o danger_n of_o continuation_n be_v two_o of_o the_o most_o comprehensive_a and_o effectual_a sumptuary_n law_n that_o ever_o be_v establish_v in_o any_o nation_n and_o most_o necessitate_a and_o engage_v any_o people_n to_o thriftiness_n the_o high_a road_n to_o riches_n as_o well_o for_o nation_n as_o private_a family_n the_o frugal_a italian_n of_o old_a and_o the_o provident_a dutch_a of_o latter_a time_n i_o think_v have_v give_v the_o world_n a_o sufficient_a proof_n of_o this_o theorim_n and_o if_o any_o shall_v tell_v i_o it_o be_v the_o nature_n of_o those_o people_n to_o be_v thrifty_a i_o answer_v all_o man_n by_o nature_n be_v alike_o it_o be_v only_a law_n custom_n and_o education_n that_o differ_v man_n their_o nature_n and_o disposition_n and_o the_o disposition_n of_o all_o people_n in_o the_o world_n proceed_v from_o their_o law_n the_o french_a peasantry_n be_v a_o slavish_a cowardly_a people_n because_o the_o law_n of_o their_o country_n have_v make_v they_o slave_n the_o french_a gentry_n a_o noble_a valiant_a people_n because_o free_a by_o law_n birth_n and_o education_n in_o england_n we_o be_v all_o free_a subject_n by_o our_o law_n and_o therefore_o our_o people_n prove_v general_o courageous_a the_o dutch_a and_o italian_n be_v both_o frugal_a nation_n though_o their_o climate_n and_o government_n differ_v as_o much_o as_o any_o because_o the_o law_n of_o both_o nation_n incline_v they_o to_o thriftiness_n other_o nation_n i_o can_v name_v be_v general_o vain_a &_o prodigal_a not_o by_o nature_n nor_o for_o want_v of_o a_o good_a country_n but_o because_o their_o law_n etc._n etc._n dispose_v they_o so_o to_o be_v the_o six_o proof_n of_o the_o proposition_n be_v that_o it_o employ_v the_o poor_a which_o be_v a_o ne-necessary_a consequence_n likewise_o of_o the_o increase_n of_o trade_n in_o city_n and_o improvement_n of_o land_n in_o the_o country_n which_o be_v well_o and_o true_o demonstrate_v from_o experience_n by_o the_o elder_a and_o young_a sir_n thomas_n culpepper_n to_o who_o to_o avoid_v prolixity_n i_o must_v refer_v the_o reader_n seven_o it_o increase_v the_o people_n of_o a_o nation_n this_o also_o necessary_o follow_v the_o increase_n of_o trade_n and_o improvement_n of_o land_n not_o that_o it_o cause_v marry_v man_n to_o get_v more_o child_n but_o 1_o st_o a_o trade_a country_n afford_v comfortable_a subsistance_n to_o more_o family_n than_o a_o country_n destitute_a of_o trade_n be_v the_o reason_n that_o many_o do_v marry_v who_o otherwise_o must_v be_v force_v to_o live_v single_a which_o may_v be_v one_o reason_n why_o few_o people_n of_o either_o sex_n be_v to_o be_v see_v unmarried_a in_o holland_n at_o 25_o year_n of_o age_n then_o may_v be_v find_v in_o england_n at_o 40_o year_n old_a 2_o dly_z where_o there_o be_v much_o employment_n and_o good_a pay_n if_o we_o want_v hand_n of_o our_o own_o we_o shall_v draw_v they_o from_o other_o as_o have_v be_v say_v 3_o dly_z we_o shall_v keep_v our_o own_o people_n at_o home_n which_o otherwise_o for_o want_n of_o employment_n will_v be_v force_v to_o leave_v we_o and_o serve_v other_o nation_n as_o too_o many_o of_o our_o seaman_n shipwrights_a and_o other_o have_v do_v 4_o thly_a our_o land_n and_o trade_n be_v improve_v will_v render_v we_o capable_a not_o only_o of_o employ_v but_o feed_v a_o far_o great_a number_n of_o people_n as_o be_v manifest_a in_o that_o instance_n of_o the_o land_n of_o palestine_n and_o if_o these_o will_v be_v the_o effect_n of_o abate_v interest_n than_o i_o think_v it_o be_v out_o of_o doubt_n that_o the_o abatement_n of_o interest_n be_v the_o cause_n of_o the_o increase_n of_o the_o riches_n of_o any_o kingdom_n for_o quicquid_fw-la efficit_fw-la tale_n est_fw-la magis_fw-la tale_n now_o to_o answer_v his_o four_o recite_v reason_n viz._n first_o he_o say_v if_o a_o low_a state_v interest_n by_o law_n be_v the_o cause_n of_o riches_n no_o country_n will_v be_v poor_a all_o desire_a riches_n rather_o than_o poverty_n and_o all_o have_v it_o in_o their_o power_n to_o state_n their_o interest_n as_o low_a as_o they_o please_v by_o law_n i_o answer_v first_o whatever_o nation_n do_v it_o gradual_o for_o so_o it_o must_v be_v do_v as_o it_o have_v be_v hitherto_o in_o england_n 2_o per_fw-la cent_z being_n enough_o to_o abate_v at_o one_o time_n will_v find_v those_o effect_n i_o have_v mention_v but_o it_o be_v a_o work_n of_o age_n and_o can_v be_v do_v at_o once_o for_o nec_fw-la natura_fw-la aut_fw-la lex_fw-la operantur_fw-la per_fw-la saltum_fw-la second_o it_o be_v great_a imprudence_n to_o imagine_v that_o any_o country_n understand_v their_o true_a interest_n so_o well_o as_o by_o degree_n to_o abate_v use-money_n will_v not_o likewise_o by_o the_o same_o wisdom_n be_v lead_v to_o the_o institute_n of_o many_o other_o good_a law_n for_o the_o encouragement_n of_o trade_n as_o our_o parliament_n have_v still_o proceed_v to_o do_v as_o interest_n have_v be_v abate_v his_o second_o reason_n be_v that_o if_o the_o lowness_n of_o interest_n be_v
1._o because_o the_o dutch_a who_o thrive_v best_a by_o trade_n and_o have_v the_o sure_a rule_n to_o thrive_v by_o admit_v not_o only_o any_o of_o their_o own_o people_n but_o even_o jew_n and_o all_o kind_n of_o alien_n to_o be_v free_a of_o any_o of_o their_o society_n of_o merchant_n or_o any_o of_o their_o city_n or_o town_n corporate_a 2._o nothing_o in_o the_o world_n can_v enable_v we_o to_o cope_v with_o the_o dutch_a in_o any_o trade_n but_o increase_v of_o hand_n and_o stock_n which_o a_o general_a admission_n will_v do_v many_o hand_n and_o much_o stock_n be_v as_o necessary_a to_o the_o prosperity_n of_o any_o trade_n as_o man_n and_o money_n to_o warfare_n 3._o there_o be_v no_o pretence_n of_o any_o good_a to_o the_o nation_n by_o company_n but_o only_o o●der_v and_o regulation_n of_o trade_n and_o if_o that_o be_v preserve_v which_o the_o admission_n of_o all_o that_o will_v come_v in_o and_o submit_v to_o the_o regulation_n will_v not_o prejudice_v all_o the_o good_a to_o the_o nation_n that_o can_v be_v hope_v for_o by_o company_n be_v obtain_v 4._o the_o eastland_n beside_o our_o native_a commodity_n spend_v great_a quantity_n of_o italian_a spanish_a portugal_n and_o french_a commodity_n viz._n oil_n wine_n fruit_n sugar_n succad_n shoomack_n etc._n etc._n now_o in_o regard_n our_o east-country_n merchant_n of_o england_n be_v few_o compare_v with_o the_o dutch_a and_o intend_v principal_o that_o one_o trade_n out_o and_o home_n and_o consequent_o be_v not_o so_o conversant_a in_o the_o aforesaid_a commodity_n nor_o forward_o to_o adventure_v upon_o they_o and_o see_v that_o by_o the_o company_n charter_n our_o italian_a spanish_a portugal_n and_o french_a merchant_n who_o understand_v those_o commodity_n perfect_o well_o be_v exclude_v those_o trade_n or_o at_o least_o if_o the_o company_n will_v give_v they_o leave_v to_o send_v out_o those_o good_n be_v not_o permit_v to_o bring_v in_o the_o return_v it_o follow_v that_o the_o dutch_a must_v supply_v denmark_n sweeden_n and_o all_o part_n of_o the_o baltique_a with_o most_o of_o those_o commodity_n and_o so_o it_o be_v in_o fact_n 5._o the_o dutch_a who_o have_v no_o eastland-company_n yet_o have_v ten_o time_n the_o trade_n to_o the_o eastern_a part_n as_o we_o have_v and_o for_o italy_n spain_n and_o portugal_n where_o we_o have_v no_o company_n we_o have_v yet_o leave_v full_a as_o much_o if_o not_o more_o trade_n than_o the_o dutch._n and_o for_o russia_n and_o greenland_n where_o we_o have_v company_n and_o i_o think_v establish_v by_o act_n or_o act_n of_o parliament_n our_o trade_n be_v in_o effect_n whole_o lose_v while_o the_o dutch_a have_v without_o company_n increase_a they_o to_o above_o forty_o time_n the_o the_o bulk_n of_o what_o the_o residue_n of_o we_o now_o be_v from_o whence_o may_v be_v infer_v 1._o that_o restrain_v limit_v company_n be_v not_o alone_o sufficient_a to_o preserve_v and_o increase_v a_o trade_n 2._o that_o limit_v company_n though_o establish_v by_o act_n of_o parliament_n may_v lo●se_v a_o trade_n 3._o t●at_a trade_n may_v be_v carry_v on_o to_o any_o part_n of_o christendom_n and_o increase_v without_o company_n 4._o that_o we_o have_v decline_v more_o at_o least_o have_v encreasedless_a in_o those_o trade_n limit_v to_o company_n then_o in_o other_o where_o all_o his_o majesty_n subject_n have_v have_v equal_a freedom_n to_o trade_n the_o common_a objection_n against_o this_o easy_a admission_n of_o all_o his_o majesty_n subject_n into_o company_n of_o merchant_n be_v object_n 1._o if_o all_o person_n may_v come_v into_o any_o company_n of_o merchant_n on_o such_o easy_a term_n then_o young_a gentleman_n shopkeeper_n and_o divers_a other_o will_v turn_v merchant_n who_o through_o their_o own_o unskilfulness_n will_v pay_v dear_a for_o our_o native_a commodity_n here_o and_o sell_v they_o cheap_a abroad_o and_o also_o buy_v foreign_a commodity_n dear_a abroad_o and_o sell_v they_o here_o for_o less_o than_o their_o cost_n to_o the_o ruin_n of_o themselves_o and_o destruction_n of_o trade_n i_o answer_v first_o caveat_n emptor_n let_v particular_a man_n look_v to_o themselves_o and_o so_o doubtless_o they_o will_v in_o those_o trade_n for_o which_o there_o be_v now_o company_n as_o well_o as_o they_o do_v in_o other_o for_o which_o there_o be_v no_o company_n it_o be_v the_o care_n of_o lawmaker_n first_o and_o principal_o to_o provide_v for_o the_o people_n in_o gross_a not_o particular_n and_o if_o the_o consequence_n of_o so_o easy_a a_o admission_n shall_v be_v to_o make_v our_o manufacture_n cheap_a abroad_o and_o foreign_a commodity_n cheap_a here_o as_o be_v allege_v our_o nation_n in_o general_n will_v have_v the_o advantage_n both_o way_n object_n 2._o if_o all_o shall_v be_v admit_v etc._n etc._n shop_n keeper_n be_v the_o retailor_n of_o the_o same_o commodity_n the_o company_n import_v will_v have_v so_o much_o the_o advantage_n of_o the_o merchant_n that_o he_o will_v beat_v the_o merchant_n whole_o out_o of_o the_o trade_n i_o answer_v first_o we_o see_v no_o such_o thing_n in_o h●lland_n nor_o in_o the_o open_a trade_n viz._n france_n spain_n portugal_n italy_n and_o all_o our_o own_o plantation_n neither_o can_v that_o well_o be_v for_o to_o drive_v a_o retail_n trade_n to_o any_o purpose_n requi●es_v a_o man_n full_a stock_n as_o well_o as_o his_o full_a attendence_n and_o so_o do_v it_o to_o drive_v the_o trade_n of_o a_o merchant_n and_o therefore_o few_o can_v find_v stock_n and_o time_n to_o attend_v both_o from_o whence_o it_o follow_v that_o of_o the_o many_o hundred_o which_o in_o memory_n have_v turn_v merchant_n very_o few_o continue_v long_o to_o follow_v both_o but_o common_o after_o t●o_fw-la or_o three_o year_n experience_n betake_v themselves_o whole_o to_o merchandize_v or_o return_v to_o the_o sole_a exercise_n of_o their_o retail_n way_n but_o whether_o they_o do_v or_o do_v not_o concern_v not_o the_o nation_n in_o general_n who_o common_a interest_n be_v to_o buy_v cheap_a whatever_o appellation_n the_o seller_n have_v whether_o that_o of_o a_o mere_a merchant_n gentleman_z or_o a_o shopkeeper_n object_n 3._o if_o shopkeeper_n and_o other_o unexperienced_a person_n may_v turn_v merchant_n etc._n etc._n they_o will_v through_o ignorance_n neglect_v buy_v and_o send_v out_o our_o native_a manufacture_n and_o will_v send_v out_o our_o money_n or_o bill_n of_o exchange_n to_o buy_v foreign_a commodity_n which_o be_v a_o apparent_a national_a loss_n i_o answer_v that_o shopkeeper_n be_v like_o all_o other_o man_n lead_v by_o their_o profit_n and_o if_o it_o be_v for_o their_o advantage_n to_o send_v out_o manufacture_n they_o will_v do_v it_o without_o force_v and_o if_o it_o be_v for_o their_o profit_n ●o_o send_v over_o money_n or_o bill_n of_o exchange_n they_o will_v do_v that_o and_o so_o will_v merchant_n as_o soon_o and_o as_o much_o as_o they_o object_n 4._o if_o any_o may_v be_v admit_v etc._n etc._n what_o do_v we_o get_v by_o our_o seven_o year_n service_n and_o ●he_v great_a sum_n of_o money_n our_o parent_n give_v to_o bind_v we_o apprentice_n to_o merchant_n etc._n etc._n and_o who_o will_v hereafter_o bind_v his_o son_n to_o a_o merchant_n i_o answer_v the_o end_n of_o service_n and_o give_v of_o money_n with_o apprentice_n i_o have_v always_o understand_v to_o be_v the_o learning_n of_o the_o art_n or_o science_n of_o merchandize_v not_o the_o purchase_n of_o a_o immunity_n or_o monopoly_n to_o the_o prejudice_n of_o our_o country_n and_o that_o it_o be_v so_o be_v evident_a from_o the_o practice_n there_o be_v many_o general_a merchant_n that_o be_v free_a of_o no_o particular_a company_n who_o can_v have_v as_o large_a sum_n of_o money_n with_o apprentice_n as_o any_o other_o that_o be_v free_a of_o one_o or_o more_o particular_a company_n of_o merchant_n and_o many_o merchant_n that_o be_v free_a of_o particular_a company_n unto_o who_o few_o will_v give_v any_o considerable_a sum_n of_o money_n with_o apprentice_n the_o proportion_n of_o money_n give_v with_o apprentice_n not_o follow_v the_o company_n a_o merchant_n be_v free_a of_o but_o the_o condition_n the_o master_n as_o to_z his_o more_z or_o less_o repute_a skill_n in_o his_o call_v thrive_a or_o go_v backward_o great_a or_o lesser_a trade_n well_o or_o ill_a government_n of_o himself_o and_o family_n etc._n etc._n obj._n 5._o if_o all_o shall_v be_v admit_v on_o such_o easy_a term_n will_v not_o that_o be_v manifest_a injustice_n to_o the_o company_n of_o merchant_n who_o by_o themselves_o or_o predecessor_n have_v be_v at_o great_a disburstment_n to_o purchase_v privilege_n &_o immunity_n abroad_o as_o the_o turkey-company_n and_o the_o hambrough-company_n have_v do_v i_o answer_v that_o i_o be_o yet_o to_o learn_v that_o any_o company_n of_o merchant_n not_o trade_v with_o a_o joint_a stock_n such_o as_o
will_v not_o be_v have_v or_o else_o will_v come_v very_o dear_a to_o we_o i_o answer_v if_o the_o commodity_n shall_v be_v somewhat_o dear_a for_o the_o present_a it_o will_v be_v no_o loss_n to_o the_o nation_n in_o general_n because_o all_o freight_n will_v be_v pay_v to_o english_a man_n whereas_o the_o freight_n pay_v to_o stranger_n which_o upon_o those_o commodity_n be_v common_o as_o much_o or_o more_o than_o the_o value_n of_o good_n be_v all_o clear_a loss_n to_o the_o nation_n 2_o dly_z if_o there_o shall_v be_v a_o present_a want_n of_o ship_n and_o the_o parliament_n shall_v please_v to_o enjoin_v we_o to_o build_v english_a ship_n for_o this_o trade_n this_o extraordinary_a good_a effect_n will_v follow_v viz._n it_o will_v engage_v we_o to_o do_v that_o we_o never_o yet_o do_v viz._n to_o fall_v to_o build_v of_o fly-boat_n great_a ship_n of_o burden_n of_o no_o force_n and_o small_a charge_n in_o sail_v which_o will_v be_v the_o most_o profitable_a undertake_n that_o ever_o english_a man_n be_v engage_v in_o and_o that_o which_o be_v absolute_o necessary_a to_o be_v do_v if_o ever_o we_o intend_v to_o board_v the_o dutch_a in_o their_o trade_n and_o navigation_n these_o fly-boat_n be_v the_o milch-cow_n of_o holland_n from_o which_o they_o have_v suck_v manifold_o great_a profit_n than_o from_o all_o their_o ship_n of_o force_n though_o both_o i_o know_v be_v necessary_a but_o if_o at_o first_o the_o parliament_n shall_v think_v ●it_a to_o enjoin_v we_o only_o to_o ship_n sail_v with_o a_o enlish_a master_n and_o three_o fourth_n english_a mariner_n the_o dane_n and_o easterlin_n be_v by_o this_o mean_v put_v out_o of_o so_o great_a a_o employment_n for_o their_o ship_n we_o shall_v buy_v ship_n proper_a for_o this_o trade_n on_o easy_a term_n of_o they_o perhaps_o for_o half_a their_o cost_n which_o under_o value_n in_o purchase_n will_v be_v a_o present_a clear_a profit_n to_o england_n object_n 2._o if_o this_o be_v do_v in_o england_n may_v not_o other_o prince_n account_v it_o hard_a and_o unreasonable_a and_o consequent_o retaliate_v the_o like_a upon_o we_o to_o answer_v this_o objection_n its_o necesary_a to_o inquire_v what_o kingdom_n and_o counry_n will_v be_v concern_v in_o this_o law_n 1_o st_o then_o italy_n spain_n and_o portugal_n will_v be_v whole_o unconcern_v 2_o dly_z so_o will_v france_n who_o if_o they_o be_v concern_v can_v take_v no_o offence_n while_o they_o lie_v a_o imposition_n of_o 50_o or_o 60_o per_fw-la cent_z upon_o our_o drapery_n 3_o dly_z the_o dutch_a and_o hamburger_n will_v not_o by_o such_o additional_a law_n be_v more_o exclude_v then_o now_o they_o be_v and_o the_o latter_a will_v have_v a_o advantage_n by_o it_o in_o case_n the_o dane_n shall_v as_o it_o may_v be_v suppose_v they_o will_v lay_v a_o tax_n upon_o our_o ship_n there_o for_o the_o consequence_n thereof_o will_v be_v that_o much_o of_o those_o kind_n of_o commodity_n we_o shall_v fetch_v from_o hambrough_n where_o they_o be_v plentiful_o to_o be_v have_v though_o at_o a_o little_o dear_a rate_n and_o yet_o not_o so_o dear_a but_o that_o the_o dutch_a fetch_v yearly_o thence_o 350_o or_o 400_o ship_n load_v of_o timber_n and_o other_o wooden_a commodity_n 4_o thly_a the_o sweede_n will_v have_v a_o apparent_a benefit_n by_o it_o by_o turn_v a_o great_a part_n of_o the_o stream_n of_o our_o trade_n for_o those_o commodity_n to_o gottenborrow_n and_o divers_a other_o part_n of_o sweeden_n that_o be_v late_o open_v and_o now_o open_v where_o very_o large_a quantity_n of_o timber_n mast_n and_o board_n likewise_o may_v be_v have_v though_o some_o sma●l_a matter_n dear_a than_o in_o norway_n beside_o if_o the_o sweede_n shall_v expect_v no_o advantage_n but_o rather_o loss_n by_o such_o amendment_n of_o our_o own_o law_n they_o have_v no_o reason_n to_o b●_n angry_a because_o they_o have_v late_o make_v so_o many_o law_n for_o encouragement_n of_o their_o own_o ship_n and_o navigation_n and_o consequent_o discouragement_n of_o we_o that_o do_v in_o effect_n amount_v to_o a_o prohibition_n of_o the_o english_a from_o send_v their_o own_o manufacture_n to_o sweeden_n in_o english_a ship_n insomuch_o that_o the_o english_a merchant_n when_o sweedish_a ship_n do_v not_o p●●sent_a be_v force_v many_o time_n to_o s●nd_v th●ir_a good_n to_o elsinore_n to_o lie_v there_o till_o a_o sweedish_a ship_n come_v by_o to_o put_v they_o aboard_o of_o and_o pay_v their_o factoridge_n and_o other_o charge_n because_o if_o they_o shall_v send_v they_o on_o english_a ship_n the_o duty_n be_v so_o high_a in_o sweeden_n that_o it_o be_v impossible_a for_o they_o to_o make_v their_o first_o cost_n of_o they_o 5_o thly_a the_o easterlin_n or_o hans-town_n though_o they_o be_v exclude_v this_o trade_n for_o england_n with_o their_o ship_n whereof_o they_o have_v little_a the_o great_a share_n be_v carry_v away_o by_o the_o dane_n will_v be_v gainer_n by_o the_o increase_n of_o our_o trade_n with_o they_o for_o board_n timber_n spruce_n deal_v etc._n etc._n at_o dantzick_n quinsborough_n and_o other_o place_n which_o will_v be_v very_o considerable_a in_o case_n the_o king_n of_o denmark_n shall_v impose_v any_o considerable_a extraordinary_a tribute_n on_o our_o ship_n which_o bring_v i_o to_o the_o three_o objection_n object_n 3._o if_o this_o be_v do_v will_v not_o the_o king_n of_o denmark_n lay_v a_o great_a imposition_n upon_o all_o our_o ship_n that_o trade_n into_o his_o dominion_n and_o also_o upon_o our_o drapery_n and_o other_o native_a english_a commodity_n i_o answer_v that_o whatever_o that_o king_n may_v do_v at_o first_o i_o be_o persuade_v after_o he_o have_v consider_v of_o it_o he_o will_v be_v moderate_a in_o his_o imposition_n because_o he_o can_v hurt_v none_o but_o himself_o by_o make_v they_o great_a for_o as_o to_o drapery_n and_o other_o english_a good_n his_o country_n spend_v none_o worth_a speak_v of_o and_o that_o charge_v with_o about_o 30_o or_o 40_o per_fw-la cent_z custom_n already_o nine_o ten_o of_o all_o the_o timber_n and_o board_n we_o fetch_v from_o thence_o be_v in_o my_o opinion_n purchase_v with_o ready_a dollar_n send_v from_o england_n and_o holland_n and_o if_o he_o shall_v by_o a_o great_a imposition_n total_o discourage_v we_o from_o trade_v with_o his_o people_n we_o shall_v lay_v out_o that_o money_n with_o the_o sweede_n hamburger_n danzicker_n and_o other_o where_o we_o may_v have_v sufficient_a supply_n while_o the_o dane_n will_v be_v exceed_o burden_a with_o the_o lie_v of_o their_o good_n upon_o their_o hand_n there_o be_v in_o norway_n great_a quantity_n of_o good_n viz._n the_o course_n hemlock_n timber_n common_o bring_v from_o larwick_n tunsberry_n sandyford_n osk●strand_n hollumstrand_n and_o many_o other_o part_n which_o no_o nation_n in_o the_o world_n trade_v with_o they_o for_o or_o will_v buy_v or_o use_v but_o the_o english_a only_o chap._n v._o concern_v transferrance_n of_o debt_n the_o great_a advantage_n that_o will_v accrue_v to_o this_o kingdom_n by_o a_o law_n for_o transfer_v bill_n of_o debt_n from_o one_o person_n to_o another_o be_v sufficient_o understand_v by_o most_o man_n especial_o by_o merchant_n the_o difficulty_n seem_v not_o to_o be_v so_o much_o in_o make_v of_o a_o law_n to_o this_o purpose_n as_o reduce_v it_o to_o practice_n because_o we_o have_v be_v so_o long_o accustom_v to_o buy_v and_o sell_v good_n by_o verbal_a contract_n only_o that_o rich_a and_o great_a man_n for_o some_o time_n will_v be_v apt_a to_o think_v it_o a_o diminution_n of_o their_o reputation_n to_o have_v bill_n under_o their_o hand_n and_o seal_n demand_v of_o they_o for_o good_n buy_v and_o mean_a man_n will_v fear_v the_o lose_n of_o their_o customer_n by_o insist_v upon_o have_v such_o bill_n for_o what_o they_o sell_v which_o inconveniency_n probable_o may_v be_v avoid_v and_o the_o good_a hope_v for_o full_o attain_v if_o it_o be_v enact_v that_o all_o and_o every_o person_n and_o person_n native_a and_o foreign_a body_n politic_a and_o corporate_a be_v or_o inhabit_v within_o the_o kingdom_n of_o england_n or_o dominion_n of_o wales_n who_o from_o and_o after_o the_o day_n of_o shall_v buy_v and_o receive_v any_o ware_n good_n and_o merchandise_n from_o any_o other_o shall_v immediate_o on_o receipt_n thereof_o in_o case_n ready_a money_n be_v not_o pay_v for_o the_o same_o give_v unto_o he_o or_o they_o of_o who_o such_o good_n ware_n and_o merchandise_n shall_v be_v buy_v or_o to_o he_o and_o their_o use_n a_o bill_n or_o write_v obligatory_a under_o the_o hand_n or_o seal_n of_o he_o or_o they_o so_o buy_v the_o same_o which_o shall_v mention_v the_o quality_n of_o the_o say_a good_n and_o the_o neat_a sum_n of_o money_n with_o the_o time_n or_o time_n of_o payment_n agree_v upon_o 2._o
but_o that_o we_o may_v continue_v and_o increase_v to_o the_o diminution_n of_o they_o if_o there_o be_v no_o other_o to_o wage_v with_o we_o we_o may_v as_o the_o proverb_n say_v make_v our_o own_o market_n but_o as_o the_o case_n now_o stand_v that_o all_o the_o world_n be_v strive_v to_o engross_v all_o the_o trade_n they_o can_v that_o other_o proverb_n be_v very_o true_a and_o applicable_a all_o covet_v all_o lose_v 3._o the_o well_o contrivement_n and_o management_n of_o foreign_a treaty_n may_v very_o much_o contribute_v to_o the_o make_v it_o the_o interest_n of_o other_o nation_n to_o trade_n with_o we_o at_o least_o to_o the_o convince_a of_o foreign_a prince_n wherein_o and_o how_o it_o be_v their_o interest_n to_o trade_n with_o we_o 4._o public_a justice_n and_o honesty_n will_v make_v it_o the_o interest_n of_o other_o nation_n to_o trade_n with_o we_o that_o be_v that_o when_o any_o commodity_n pass_v under_o a_o public_a common_a seal_n which_o be_v in_o a_o kind_a the_o public_a faith_n of_o the_o nation_n they_o may_v be_v exact_a in_o length_n breadth_n and_o nature_n according_a to_o what_o they_o ought_v to_o be_v by_o their_o seal_n the_o like_a care_n ought_v to_o be_v take_v for_o the_o true_a pack_v of_o our_o herring_n and_o pilchard_n former_o mention_v 5._o if_o we_o will_v engage_v other_o nation_n to_o trade_n with_o we_o we_o must_v receive_v from_o they_o the_o fruit_n and_o commodity_n of_o their_o country_n as_o well_o as_o send_v they_o we_o but_o it_o be_v our_o interest_n by_o example_n and_o other_o mean_n not_o distasteful_a above_o all_o kind_n of_o commodity_n to_o prevent_v as_o much_o as_o may_v be_v the_o importation_n of_o foreign_a manufacture_n 6._o the_o venetian_n be_v a_o people_n that_o take_v from_o we_o very_o little_a of_o our_o manufacture_n have_v prohibit_v our_o english_a cloth_n and_o from_o who_o territory_n we_o receive_v great_a quantity_n of_o currant_n purchase_v with_o our_o ready_a money_n it_o seem_v to_o i_o advantageous_a for_o england_n that_o that_o importation_n as_o well_o as_o the_o importation_n of_o w●o●ght-glasse_n drinking-glass_n and_o other_o manufacture_n from_o thence_o shall_v be_v discourage_v it_o be_v suppose_v we_o can_v now_o make_v they_o as_o well_o ourselves_o in_o england_n the_o trade_n for_o cannary-wine_n i_o take_v to_o be_v a_o most_o pernicious_a trade_n to_o england_n because_o those_o island_n consume_v very_o little_a of_o our_o manufacture_n fish_n or_o other_o english_a commodity_n neither_o do_v they_o furnish_v we_o with_o any_o commodity_n to_o be_v far_o manufacture_v here_o or_o re-exported_n the_o wine_n we_o bring_v from_o thence_o be_v for_o the_o most_o part_n purchase_v with_o ready_a money_n so_o that_o to_o my_o apprehension_n something_o be_v necessary_a to_o be_v do_v to_o compel_v those_o islander_n to_o spend_v more_o of_o our_o english_a commodity_n and_o to_o sell_v their_o wine_n cheap_a which_o every_o year_n they_o advance_v in_o price_n or_o else_o to_o lessen_v the_o consumption_n of_o they_o in_o england_n i_o have_v in_o this_o last_o discourse_n of_o the_o balance_n of_o trade_n as_o well_o as_o in_o my_o former_a confine_v myself_o to_o write_v only_o general_a head_n and_o principle_n that_o relate_v unto_o trade_n in_o general_n not_o this_o or_o that_o particular_a trade_n because_o the_o several_a trade_n to_o several_a country_n may_v require_v distinct_a and_o particular_a consideration_n respect_v the_o time_n place_n competitor_n with_o we_o and_o other_o circumstance_n to_o find_v out_o wherein_o our_o advantage_n or_o disadvantage_n lie_v and_o how_o to_o improve_v the_o former_a and_o prevent_v the_o latter_a but_o as_o this_o will_v be_v too_o great_a a_o work_n for_o one_o man_n so_o i_o fear_v it_o will_v make_v this_o too_o great_a a_o book_n to_o be_v well_o read_v and_o consider_v but_o in_o the_o preface_n to_o this_o treatise_n i_o have_v brief_o mention_v many_o particular_a trade_n that_o we_o have_v lose_v and_o be_v lose_v and_o by_o what_o mean_n and_o many_o trade_n that_o we_o yet_o retain_v and_o be_v increase_a and_o how_o it_o happen_v to_o be_v so_o which_o may_v give_v some_o light_n to_o a_o clear_a discovery_n and_o inspection_n into_o particular_a trade_n unto_o which_o ingenious_a man_n that_o have_v heart_n to_o serve_v their_o country_n in_o this_o so_o necessary_a work_n at_o this_o time_n may_v add_v and_o further_o improve_v by_o the_o advantage_n of_o ability_n to_o express_v their_o sentiment_n in_o a_o more_o intelligible_a and_o pausible_a style_n but_o when_o i_o and_o other_o have_v say_v all_o we_o can_v a_o low_a interest_n be_v as_o the_o soul_n to_o the_o body_n of_o trade_n it_o be_v the_o sine_fw-la qua_fw-la non_fw-la to_o the_o prosperity_n and_o advancement_n to_o the_o land_n and_o trade_n of_o england_n chap._n x._o concern_v plantation_n the_o trade_n of_o our_o english_a plantation_n in_o america_n be_v now_o of_o as_o great_a bulk_n and_o employ_v as_o much_o ship_n as_o most_o of_o the_o trade_n of_o this_o kingdom_n it_o seem_v not_o unnecessary_a to_o discourse_n more_o at_o large_a concern_v the_o nature_n of_o plantation_n and_o the_o good_a or_o evil_a consequence_n of_o they_o in_o relation_n to_o this_o and_o other_o kingdom_n and_o the_o rather_o because_o some_o gentleman_n of_o no_o mean_a capacity_n be_v of_o opinion_n that_o his_o majesty_n be_v plantation_n abroad_o have_v very_o much_o prejudice_v this_o kingdom_n by_o drain_n we_o of_o our_o people_n for_o the_o confirmation_n of_o which_o opinion_n they_o urge_v the_o example_n of_o spain_n which_o they_o say_v be_v almost_o ruin_v by_o the_o depopulation_n which_o the_o west-indies_n have_v occasion_v to_o the_o end_n therefore_o a_o more_o particular_a scrutiny_n may_v be_v make_v into_o this_o matter_n i_o shall_v humble_o offer_v my_o opinion_n in_o the_o follow_a proposition_n and_o then_o give_v those_o reason_n of_o probability_n which_o present_o occur_v to_o my_o memory_n in_o confirmation_n of_o each_o proposition_n 1._o first_o i_o agree_v that_o land_n though_o excellent_a without_o hand_n proportionable_a will_v not_o enrich_v any_o kingdom_n 2._o that_o whatever_o tend_v to_o the_o depopulate_v of_o a_o kingdom_n tend_v to_o the_o impoverishment_n of_o it_o 3._o that_o most_o nation_n in_o the_o civilise_a part_n of_o the_o world_n be_v more_o or_o less_o rich_a or_o poor_a proportionable_o to_o the_o paucity_n or_o plenty_n of_o their_o people_n and_o not_o to_o the_o sterility_n or_o fruitfulness_n of_o their_o land_n 4._o i_o do_v not_o agree_v that_o our_o people_n in_o england_n be_v in_o any_o considerable_a measure_n abate_v by_o reason_n of_o our_o foreign_a plantation_n but_o propose_v to_o prove_v the_o contrary_n 5._o i_o be_o of_o opinion_n that_o we_o have_v immediate_o before_o the_o late_a plague_n many_o more_o people_n in_o england_n then_o we_o have_v before_o the_o inhabit_v of_o virginia_n new-england_n barbadoes_n and_o the_o rest_n of_o our_o american_n plantation_n 6._o that_o all_o colony_n or_o plantation_n do_v endamage_v their_o mother-kingdom_n whereof_o the_o trade_n of_o such_o plantation_n be_v not_o confine_v by_o severe_a law_n and_o good_a execution_n of_o those_o law_n to_o the_o mother-kingdom_n 7._o that_o the_o dutch_a will_v reap_v the_o great_a advantage_n by_o all_o colony_n issue_v from_o any_o kingdom_n of_o europe_n whereof_o the_o trade_n be_v not_o so_o strict_o confine_v to_o the_o proper_a mother-kingdom_n 8._o that_o the_o dutch_a though_o they_o thrive_v so_o exceed_o in_o trade_n will_v in_o probability_n never_o endamage_v this_o kingdom_n by_o the_o growth_n of_o their_o plantation_n 9_o that_o neither_o the_o french_a spaniard_n nor_o portugeez_n be_v much_o to_o be_v fear_v on_o that_o account_n not_o for_o the_o same_o but_o for_o other_o cause_n 10._o that_o it_o be_v more_o for_o the_o advantage_n of_o england_n that_o newfoundland_n shall_v remain_v vnplanted_a than_o that_o colony_n shall_v be_v send_v or_o permit_v to_o go_v thither_o to_o inhabit_v with_o a_o governor_n law_n etc._n etc._n 11._o that_o new-england_n be_v the_o most_o prejudicial_a plantation_n to_o the_o kingdom_n of_o england_n i._o that_o land_n though_o in_o their_o nature_n excellent_o good_a 〈…〉_o hand●_n proportionable_a will_v not_o enrich_v any_o kingdom_n this_o first_o proposition_n i_o suppose_v will_v ready_o be_v asse●ted_v to_o by_o all_o judicious_a person_n and_o therefore_o for_o the_o proof_n of_o it_o i_o shall_v only_o allege_v matter_n of_o fact_n the_o land_n of_o palestine_n once_o the_o rich_a country_n in_o the_o universe_n since_o it_o come_v under_o the_o turk_n dominion_n and_o consequent_o unpeople_v be_v now_o become_v the_o poor_a andaluzia_n and_o granada_n former_o wonderful_a rich_a and_o full_a of_o good_a town_n since_o dis-peopled_n by_o the_o spaniard_n by_o expultion_n
not_o hurt_v we_o but_o we_o they_o be_v most_o apparent_a for_o in_o my_o time_n we_o have_v beat_v their_o muscovado_n and_o paneal_a sugar_n quite_o out_o of_o use_n in_o england_n and_o their_o whites_n we_o have_v bring_v down_o in_o all_o these_o part_n of_o europe_n in_o price_n from_o seven_o and_o eight_o pound_n per_fw-la l._n to_o fifty_o shilling_n and_o three_o pound_n per._n l._n and_o in_o quantity_n whereas_o former_o their_o brazeil-fleet_n consist_v of_o one_o hundred_o to_o one_o hundred_o and_o twenty_o thousand_o chest_n of_o sugar_n they_o be_v now_o reduce_v to_o about_o thirty_o thousand_o chest_n since_o the_o great_a increase_n of_o barbadoes_n the_o reason_n of_o this_o decay_n of_o the_o portugeeze_n production_n in_o brazeil_n be_v certain_o the_o better_a policy_n that_o our_o english_a plantatition_n be_v found_v upon_o that_o which_o principal_o dwarf_n the_o portugeeze_v plantation_n be_v the_o same_o beforementioned_a which_o hinder_v the_o spaniard_n viz._n extraordinary_a high_a custom_n at_o home_n high_a freight_n high_a interest_n of_o money_n ecclesiastical_a person_n etc._n etc._n from_o all_o that_o have_v be_v say_v concern_v plantation_n in_o general_a i_o draw_v these_o two_o principal_a conclusion_n 1_o st_o that_o our_o english_a plantation_n may_v thrive_v beyond_o any_o other_o plantation_n in_o the_o world_n though_o the_o trade_n of_o all_o of_o they_o be_v more_o severe_o limit_v by_o law_n and_o good_a execution_n of_o those_o law_n to_o their_o mother-kingdom_n of_o england_n exclusive_a to_o ireland_n and_o new-england_n 2_o that_o it_o be_v in_o his_o majesty_n power_n and_o the_o parliament_n if_o they_o please_v by_o take_v off_o all_o charge_n from_o sugar_n to_o make_v it_o more_o entire_o a_o english_a commodity_n than_o white-herring_n be_v a_o dutch_a commodity_n and_o to_o draw_v more_o profit_n to_o this_o kingdom_n thereby_o than_o the_o dutch_a do_v by_o that_o and_o that_o in_o consequence_n thereof_o all_o plantation_n of_o other_o nation_n must_v in_o a_o few_o year_n sink_v to_o little_a or_o nothing_o x._o that_o it_o be_v more_o for_o the_o advantage_n of_o england_n that_o new_a find_v land_n shall_v remain_v unplanted_a than_o that_o colony_n shall_v be_v send_v or_o permit_v to_o go_v thither_o to_o inhabit_v under_o a_o governor_n law_n etc._n etc._n i_o have_v before_o discourse_v of_o plantation_n in_o general_a most_o of_o the_o english_a be_v in_o their_o nature_n much_o a_o like_a except_o this_o of_o newfoundland_n and_o that_o of_o new-england_n which_o i_o intend_v next_o to_o speak_v of_o the_o advantage_n newfoundland_n have_v bring_v to_o this_o kingdom_n be_v only_o by_o the_o fishery_n there_o and_o of_o what_o vast_a concernment_n that_o be_v be_v well_o know_v to_o most_o gentleman_n and_o merchant_n especial_o those_o of_o the_o west_n part_n of_o england_n from_o whence_o especial_o this_o trade_n be_v drive_v it_o be_v well_o know_v upon_o undeniable_a poof_n tbat_n in_o the_o year_n 1605._o the_o english_a employ_v 250._o sail_v of_o ship_n small_a and_o great_a in_o fish_v upon_o that_o coast_n and_o it_o be_v now_o too_o apparent_a that_o we_o do_v not_o so_o employ_v from_o all_o part_n above_o eighty_o sail_n of_o ship_n it_o be_v likewise_o general_o know_v and_o confess_v that_o when_o we_o employ_v so_o many_o ship_n in_o that_o trade_n the_o current_a price_n of_o our_o fish_n in_o that_o country_n be_v communibus_fw-la annis_fw-la seventeen_o rial_n which_o be_v eight_o shilling_n six_o penny_n per_fw-la quintal_n and_o that_o since_o as_o we_o have_v lessen_v in_o that_o trade_n the_o french_a have_v increase_v in_o it_o and_o that_o we_o have_v annual_o proceed_v to_o raise_v our_o fish_n from_o seventeen_o rial_n to_o twenty_o four_o rial_n or_o twelve_o shilling_n communibus_fw-la annis_fw-la as_o it_o now_o sell_v in_o the_o country_n this_o be_v the_o case_n of_o england_n in_o relation_n to_o this_o trade_n it_o be_v certain_o worth_a the_o enquiery_a one_a how_o we_o come_v to_o decay_v in_o that_o trade_n two_o what_o mean_n may_v be_v use_v to_o recover_v our_o ancient_a greatness_n in_o that_o trade_n or_o at_o least_o to_o prevent_v our_o further_a diminution_n therein_o the_o decay_n of_o that_o trade_n i_o attribute_v first_o and_o principal_o to_o the_o grow_a liberty_n which_o be_v every_o year_n more_o and_o more_o use_v in_o romish_a country_n as_o well_o as_o other_o of_o eat_v flesh_n in_o lent_n and_o on_o fish-day_n 2._o to_o a_o late_a abuse_n creep_v into_o that_o trade_n which_o have_v much_o abate_v the_o expense_n within_o these_o twenty_o year_n of_o that_o commodity_n of_o send_v over_o private_a boat-keeper_n which_o have_v much_o diminish_v the_o number_n of_o the_o fishing-ship_n 3._o to_o the_o great_a increase_n of_o the_o french_a fishery_n of_o placentia_n and_o other_o port_n on_o the_o backside_n of_o newfoundland_n 4._o to_o the_o several_a war_n we_o have_v have_v at_o sea_n within_o these_o twenty_o year_n which_o have_v much_o empoverish_v the_o merchant_n of_o our_o western_a part_n and_o reduce_v they_o to_o carry_v on_o a_o great_a part_n of_o that_o trade_n at_o bottumry_n viz._n money_n take_v upon_o adventure_n of_o the_o ship_n at_o twenty_o per_fw-la cent_n per_fw-la annum_fw-la 2._o what_o mean_n may_v be_v use_v to_o recover_v our_o ancient_a greatness_n in_o that_o trade_n or_o at_o least_o to_o prevent_v our_o far_a diminution_n therein_o for_o this_o two_o contrary_a way_n have_v be_v propound_v 1._o to_o send_v a_o governor_n to_o reside_v there_o and_o to_o encourage_v people_n to_o inhabit_v there_o as_o well_o for_o defence_n of_o the_o country_n against_o invasion_n as_o to_o manage_v the_o fishery_n there_o by_o inhabitant_n upon_o the_o pl●ce_n this_o have_v often_o be_v propound_v by_o the_o planter_n and_o some_o merchant_n of_o london_n 2._o the_o second_o way_n propound_v and_o which_o be_v direct_o contrary_a to_o the_o former_a be_v by_o the_o west-country_n merchant_n and_o owner_n of_o the_o fishing-ship_n and_o that_o be_v to_o have_v no_o governor_n nor_o inhabitant_n permit_v to_o reside_v at_o newfoundland_n nor_o any_o passenger_n or_o private_a boat-keeper_n suffer_v to_o fish_n at_o newfoundland_n this_o latter_a way_n propound_v be_v most_o agreeable_a to_o my_o proposition_n and_o if_o it_o can_v be_v effect_v i_o be_o persuade_v will_v revive_v the_o decay_a english-fishing-trade_n at_o newfoundland_n and_o be_v otherwise_o great_o for_o the_o advantage_n of_o this_o kingdom_n and_o that_o for_o these_o follow_a reason_n 1._o because_o most_o of_o the_o provision_n the_o planter_n which_o be_v settle_v at_o newfoundland_n do_v make_v use_n of_o viz._n bread_n beef_n pork_n butter_n cheese_n clothes_n and_o irish-bengal_n cloth_n linen_n and_o woollen_a ireish-stocking_n as_o also_o net_n hook_n and_o line_n etc._n etc._n they_o be_v supply_v with_o from_o new-england_n and_o ireland_n and_o with_o wine_n oil_n and_o linen_n by_o the_o s●lt_n ship_n from_o france_n and_o spain_n in_o consequence_n whereof_o the_o labour_n as_o well_o as_o the_o feed_v and_o clothe_v of_o so_o many_o man_n be_v lose_v to_o england_n 2._o the_o planter_n settle_v there_o be_v most_o loose_a vagrant_a people_n and_o without_o order_n and_o government_n do_v keep_v dissolute_a house_n which_o have_v debauch_a seaman_n and_o divert_v they_o from_o their_o laborious_a and_o industrious_a call_v whereas_o before_o there_o be_v settlement_n there_o the_o seaman_n have_v no_o other_o resort_n during_o the_o fish_n season_n be_v the_o time_n of_o their_o abode_n in_o that_o country_n but_o to_o their_o ship_n which_o afford_v they_o convenient_a food_n and_o repose_n without_o the_o inconvenience_n of_o excess_n 3_o if_o it_o be_v the_o interest_n of_o all_o trade_n nation_n principal_o to_o encourage_v navigation_n and_o to_o promote_v especial_o those_o trade_n which_o employ_v most_o ship_n than_o which_o nothing_o be_v more_o true_a nor_o more_o regard_v by_o the_o wife_n dutch_n then_o certain_o it_o be_v the_o interest_n of_o england_n to_o discountenance_v and_o abate_v the_o number_n of_o planter_n at_o newfoundland_n for_o if_o they_o shall_v increase_v it_o will_v in_o a_o few_o year_n happen_v to_o we_o in_o relation_n to_o that_o country_n as_o it_o have_v to_o the_o fishery_n at_o new-england_n which_o many_o year_n since_o be_v manage_v by_o english_a ship_n from_o the_o western_a port_n but_o as_o plantation_n there_o increase_v fall_v to_o be_v the_o sole_a employment_n of_o people_n settle_v there_o and_o nothing_o of_o that_o trade_n leave_v the_o poor_a old_a englishman_n but_o the_o liberty_n of_o carry_v now_o and_o then_o by_o courtesy_n or_o purchase_n a_o ship_n load_v of_o fish_n to_o bilvoa_n when_o their_o own_o n●w-english_a ship_n be_v better_a employ_v or_o not_o at_o leisure_n to_o do_v it_o 4._o it_o be_v manifest_a that_o
before_o there_o be_v boat-keeper_n or_o planter_n at_o newfoundland_n fish_n be_v sell_v cheap_a than_o now_o it_o be_v by_o about_o 40_o per_fw-la cent_z and_o consequent_o more_o vent_v the_o reason_n whereof_o i_o take_v to_o be_v this_o the_o boat-keeper_n and_o planter_n be_v general_o at_o first_o able_a fisherman_n and_o be_v upon_o the_o place_n can_v doubtless_o afford_v their_o fish_n cheap_a than_o the_o fish_n ship_n from_o old_a england_n so_o doubtless_o they_o do_v at_o first_o as_o well_o at_o new-england_n as_o at_o newfoundland_n until_o they_o have_v beat_v the_o english_a ship_n out_o of_o the_o trade_n after_o which_o be_v free_v from_o that_o competition_n they_o become_v lazy_a as_o to_o that_o laborious_a employment_n have_v mean_n otherwise_o to_o live_v and_o employ_v themselves_o and_o thereupon_o enhance_a the_o price_n of_o their_o fish_n to_o such_o a_o excess_n as_o in_o effect_n prove_v the_o give_v away_o of_o that_o trade_n to_o the_o french_a who_o by_o our_o aforesaid_a impolitic_a management_n of_o that_o trade_n have_v of_o late_a year_n be_v able_a to_o under-sell_a we_o at_o all_o market_n abroad_o and_o most_o certain_a it_o be_v that_o those_o that_o can_v sell_v cheap_a will_v have_v the_o trade_n 5._o this_o kingdom_n be_v a_o island_n it_o be_v our_o interest_n as_o well_o for_o our_o preservation_n as_o our_o profit_n not_o only_o to_o have_v many_o seaman_n but_o to_o have_v they_o as_o much_o as_o may_v be_v within_o call_v in_o a_o time_n of_o danger_n now_o the_o fish_n ship_n go_v out_o in_o march_n and_o return_v home_o for_o england_n in_o the_o month_n of_o september_n yearly_o and_o there_o be_v employ_v in_o that_o trade_n two_o hundred_o and_o fifty_o ship_n which_o may_v carry_v about_o ten_o thousand_o seaman_n fisherman_n and_o shore_n man_n as_o they_o usual_o call_v the_o young_a person_n which_o be_v never_o before_o at_o sea_n i_o appeal_v to_o the_o reader_n whether_o such_o a_o yearly_a return_n of_o seaman_n abide_v at_o home_n with_o we_o all_o the_o winter_n and_o spend_v their_o money_n here_o which_o they_o get_v in_o their_o summer-fishery_a be_v not_o a_o great_a access_n of_o wealth_n and_o power_n to_o this_o kingdom_n and_o a_o ready_a supply_n for_o his_o majesty_n navy_n upon_o all_o emergency_n 6._o the_o fish_v ship_n yet_o be_v and_o always_o have_v be_v the_o breeder_n of_o seaman_n the_o planter_n and_o boat-keeper_n be_v general_o such_o as_o be_v breed_v and_o become_v expert_a at_o the_o cost_n of_o the_o owner_n of_o fish_v ship_n which_o planter_n and_o boat-keeper_n enter_v very_o few_o new_a or_o green_a man_n 7._o by_o the_o build_n fit_a victual_v and_o repair_v of_o fishing-ship_n multitude_n of_o english_a tradesman_n and_o artificer_n beside_o the_o owner_n and_o seaman_n gain_v their_o subsistence_n whereas_o by_o the_o boat_n which_o the_o planter_n and_o boat-keeper_n build_v or_o use_v at_o newfoundland_n england_n get_v nothing_o object_n but_o against_o all_o that_o i_o have_v say_v those_o that_o contend_v for_o a_o governor_n at_o newfoundland_n object_n 1._o that_o without_o a_o governor_n and_o government_n there_o that_o country_n will_v be_v always_o expose_v to_o the_o surprisal_n of_o the_o french_a or_o any_o foreigner_n that_o shall_v please_v to_o attack_v it_o 2._o that_o the_o disorder_n of_o the_o planter_n which_o i_o complain_v of_o and_o some_o other_o which_o for_o brevity_n sake_n i_o have_v not_o mention_v can_v be_v remedy_v without_o a_o governor_n to_o which_o i_o answer_v first_o that_o when_o we_o can_v preserve_v our_o colony_n by_o our_o ship_n or_o so_o awe_v our_o neighbour_n by_o our_o fleet_n and_o ship_n of_o war_n that_o they_o dare_v not_o attempt_v they_o our_o case_n will_v be_v sad_a and_o our_o propriety_n will_v be_v lose_v or_o in_o eminent_a danger_n not_o only_o abroad_o but_o at_o home_o likewise_o 2_o dly_z all_o the_o fish_n that_o be_v kill_v at_o newfoundland_n in_o a_o summer_n be_v not_o sufficient_a to_o maintain_v strength_n enough_o on_o shore_n to_o defend_v two_o fish_v harbour_n against_o ten_o man_n of_o war_n whereas_o that_o country_n have_v more_o harbour_n to_o defend_v than_o be_v to_o be_v find_v in_o old_a england_n 3_o dly_z if_o a_o governor_n be_v establish_v the_o next_o consequence_n will_v be_v a_o tax_n upon_o the_o fish_n and_o the_o least_o tax_n will_v increase_v the_o price_n of_o fish_n and_o that_o unavoidable_o will_v give_v the_o trade_n away_o whole_o into_o the_o french_a hand_n 4_o thly_a a_o government_n there_o be_v already_o of_o ancient_a custom_n among_o the_o master_n of_o the_o fishing-ship_n to_o which_o the_o fisherman_n be_v enure_v and_o that_o free_a from_o oppression_n and_o adapt_v to_o the_o trade_n insomuch_o that_o although_o a_o better_a may_v be_v wish_v i_o never_o hope_v to_o see_v it_o xi_o that_o new-england_n be_v the_o most_o prejudical_a plantation_n to_o this_o kingdom_n i_o be_o now_o to_o write_v of_o a_o people_n who_o frugality_n industry_n and_o temperance_n and_o the_o happiness_n of_o who_o law_n and_o institution_n do_v promise_n to_o themselves_o long_o life_n with_o a_o wonderful_a increase_n of_o people_n riches_n and_o power_n and_o although_o no_o man_n ought_v to_o envy_v that_o virtue_n and_o wisdom_n in_o other_o which_o themselves_o either_o can_v or_o will_v not_o practise_v but_o rather_o to_o commend_v and_o admire_v it_o yet_o i_o think_v it_o be_v the_o duty_n of_o every_o good_a man_n primary_o to_o respect_v the_o welfare_n of_o his_o native_a country_n and_o therefore_o though_o i_o may_v offend_v some_o who_o i_o will_v not_o willing_o displease_v i_o can_v omit_v in_o the_o progress_n of_o this_o discourse_n to_o take_v notice_n of_o some_o particular_n wherein_o old_a england_n suffer_v dimunition_n by_o the_o growth_n of_o those_o colony_n settle_v in_o new-england_n and_o how_o that_o plantation_n differ_v from_o those_o more_o southerly_a with_o respect_n to_o the_o gain_n or_o loss_n of_o this_o kingdom_n viz._n 1._o all_o our_o american_n plantation_n except_o that_o of_o new-england_n produce_v commodity_n of_o different_a nature_n from_o those_o of_o this_o kingdom_n as_o sugar_n tobacco_n cocoa_n wool_n ginger_n sundry_a sort_n of_o die_a wood_n etc._n etc._n whereas_o new-england_n produce_v general_o the_o same_o we_o have_v here_o viz._n corn_n and_o cattle_n some_o quantity_n of_o fish_n they_o do_v likewise_o kill_v but_o that_o be_v take_v &_o save_v altogether_o by_o their_o own_o inhabitant_n which_o prejudice_v our_o newfoundland_n trade_n where_o as_o have_v be_v say_v very_o few_o be_v or_o aught_o according_a to_o prudence_n to_o be_v employ_v in_o those_o fishery_n but_o the_o inhabitant_n of_o old_a england_n the_o other_o commodity_n we_o have_v from_o they_o be_v some_o few_o great_a mast_n fur_n and_o train-oyl_n whereof_o the_o yearly_o value_n amount_v to_o very_o little_a the_o much_o great_a value_n of_o return_n from_o thence_o be_v make_v in_o sugar_n cotten_n wool_n tobacco_n and_o such_o like_a commodity_n which_o they_o first_o receive_v from_o some_o other_o of_o his_o majesty_n plantation_n in_o barter_n for_o dry_a codfish_n salt_n mackerel_n beef_n pork_n bread_n beer_n flower_n pease_n etc._n etc._n which_o they_o supply_v barbadoes_n jamaica_n etc._n etc._n with_o to_o the_o diminution_n of_o the_o vent_n of_o those_o commodity_n from_o this_o kingdom_n the_o great_a experience_n whereof_o in_o our_o own_o west-india_n plantation_n will_v soon_o be_v find_v in_o the_o advantage_n of_o the_o value_n of_o our_o land_n in_o england_n be_v it_o not_o for_o the_o vast_a and_o almost_o incredible_a supply_n those_o colony_n have_v from_o new-england_n 2._o the_o people_n of_o new-england_n by_o virtue_n of_o their_o primitive_a charter_n be_v not_o so_o strict_o tie_v to_o the_o observation_n of_o the_o law_n of_o this_o kingdom_n do_v sometime_o assume_v a_o liberty_n of_o trading_n contrary_a to_o the_o act_n of_o navigation_n by_o reason_n whereof_o many_o of_o our_o american_n commodity_n especial_o tobacco_n and_o sugar_n be_v transport_v in_o new-english_a ship_n direct_o into_o spain_n and_o other_o foreign_a country_n without_o be_v land_a in_o england_n or_o pay_v any_o duty_n to_o his_o majesty_n which_o be_v not_o only_a loss_n to_o the_o king_n and_o a_o prejudice_n to_o the_o navigation_n of_o old_a england_n but_o also_o a_o total_a exclusion_n of_o the_o old_a english_a merchant_n from_o the_o vent_n of_o those_o commodity_n in_o those_o port_n where_o the_o new-english_a vessel_n trade_n because_o there_o be_v no_o custom_n pay_v on_o those_o commodity_n in_o new-england_n and_o a_o great_a custom_n pay_v upon_o they_o in_o old_a england_n it_o must_v necessary_o follow_v that_o the_o new-english_a merchant_n will_v be_v able_a to_o afford_v his_o commodity_n much_o cheap_a at_o the_o
perhaps_o may_v be_v object_v that_o before_o the_o 37_o of_o h._n 8._o there_o be_v no_o limitation_n of_o usury_n and_o how_o do_v we_o then_o to_o this_o may_v be_v answer_v that_o in_o those_o time_n there_o be_v a_o strict_a band_n in_o that_o point_n upon_o man_n conscience_n so_o far_o forth_o as_o usurer_n be_v in_o the_o same_o case_n as_o excommunicate_v person_n they_o can_v make_v no_o will_n nor_o be_v allow_v christian_a burial_n therefore_o let_v we_o for_o our_o forefather_n sake_n hope_v that_o the_o tie_n upon_o their_o conscience_n then_o be_v a_o great_a restraint_n of_o usury_n than_o the_o statute_n of_o ten_o in_o the_o hundred_o be_v now_o i_o fear_v fornication_n be_v too_o frequent_a among_o we_o yet_o thanks_o be_v to_o god_n not_o so_o much_o use_v as_o where_o there_o be_v allowance_n of_o courtesan_n and_o stew_n the_o objection_n likely_a to_o be_v make_v against_o the_o call_n down_o of_o money_n be_v first_o that_o general_a objection_n of_o ignorance_n against_o all_o change_n be_v they_o never_o so_o necessary_a and_o apparent_o good_a that_o it_o have_v be_v so_o a_o long_a time_n and_o be_v well_o enough_o what_o will_v become_v of_o the_o alteration_n we_o can_v tell_v why_o then_o shall_v we_o make_v any_o change_n second_o that_o as_o in_o body_n natural_a so_o in_o politic_n great_a and_o sudden_a change_n be_v most_o common_o dangerous_a three_o that_o money_n will_v be_v sudden_o call_v in_o and_o so_o all_o borrower_n great_o prejudice_v four_o that_o money_n will_v be_v hard_a to_o come_v by_o and_o thereby_o commerce_v great_o hinder_v last_o that_o much_o money_n of_o foreigner_n by_o reason_n of_o the_o high_a rate_n of_o usury_n be_v bring_v over_o here_o to_o be_v manage_v at_o interest_n which_o will_v be_v carry_v away_o again_o if_o the_o rate_n of_o usury_n shall_v be_v call_v down_o to_o the_o first_o that_o money_n have_v long_o go_v at_o ten_o and_o thing_n be_v well_o enough_o it_o be_v answer_v that_o it_o be_v not_o long_o that_o the_o practice_n of_o usury_n have_v be_v so_o general_o use_v without_o any_o sense_n or_o scruple_n of_o the_o unlawfulness_n of_o it_o for_o man_n conscience_n be_v harden_v to_o it_o with_o example_n and_o custom_n by_o degree_n and_o not_o upon_o the_o sudden_a and_o as_o the_o begin_n of_o many_o dangerous_a disease_n in_o healthful_a body_n so_o the_o beginning_n of_o many_o inconvenience_n in_o a_o state_n be_v not_o present_o feel_v with_o we_o after_o that_o with_o long_a civil_a war_n the_o land_n be_v half_o unpeople_v so_o as_o till_o of_o late_a year_n it_o come_v not_o to_o his_o full_a stock_n of_o people_n again_o there_o be_v the_o same_o quantity_n of_o land_n to_o half_a the_o number_n of_o people_n the_o surplusage_n of_o our_o inland_n commodity_n must_v needs_o be_v so_o great_a that_o though_o trade_n be_v not_o equal_o balance_v with_o we_o and_o other_o nation_n we_o can_v not_o but_o grow_v rich_a beside_o ●rance_n and_o the_o low-countries_n be_v for_o many_o year_n half_o lay_v waste_n with_o war_n and_o so_o do_v trade_n but_o little_a nor_o manage_v their_o own_o land_n to_o their_o best_a advantage_n whereby_o they_o do_v not_o only_o not_o take_v the_o trade_n &_o market_n from_o we_o which_o now_o they_o do_v but_o they_o themselves_o be_v feed_v and_o clothe_v by_o we_o and_o take_v our_o commodity_n from_o we_o at_o great_a high_a great_a rate_n whereas_o now_o we_o see_v the_o dutch_a do_v every_o where_o out_o trade_v we_o and_o the_o french_a feed_v we_o with_o their_o corn_n even_o in_o plentiful_a year_n so_o as_o now_o our_o land_n be_v full_o stock_v with_o people_n our_o neighbour_n industrious_a and_o subtle_a in_o trade_n if_o we_o do_v not_o more_o equal_o balance_n trade_n and_o bring_v to_o pass_v that_o we_o may_v afford_v the_o fruit_n of_o our_o land_n as_o cheap_a as_o other_o country_n afford_v the_o same_o of_o the_o same_o kind_n we_o must_v though_o we_o leave_v a_o number_n of_o our_o superfluity_n as_o god_n forbid_v but_o we_o shall_v in_o a_o short_a time_n grow_v poor_a and_o beggarly_n and_o in_o this_o condition_n ten_o in_o the_o hundred_o in_o a_o little_a more_o time_n will_v as_o well_o serve_v to_o do_v it_o as_o if_o money_n be_v at_o twenty_o for_o as_o be_v before_o remember_v in_o most_o of_o the_o commodity_n the_o earth_n bring_v forth_o the_o stock_n employ_v in_o plant_v and_o manage_n of_o of_o they_o make_v a_o great_a part_n of_o their_o price_n and_o consequent_o they_o may_v with_o great_a gain_n to_o themselves_o under-sell_a we_o our_o stock_n with_o we_o go_v at_o double_a the_o rate_n that_o they_o go_v with_o they_o and_o this_o we_o see_v and_o feel_v too_o well_o by_o experience_n at_o this_o present_a for_o have_v a_o great_a surplusage_n of_o corn_n we_o can_v find_v no_o vent_n for_o it_o the_o french_a with_o their_o own_o the_o dutch_a with_o the_o corn_n of_o poland_n every_o where_o supply_v the_o market_n at_o cheap_a rate_n than_o we_o can_v afford_v it_o and_o even_o our_o clothes_n which_o have_v hitherto_o be_v the_o golden_a mine_n in_o england_n i_o have_v hear_v many_o merchant_n say_v that_o except_o it_o be_v in_o some_o few_o of_o the_o fine_a sort_n of_o they_o which_o be_v a_o riches_n peculiar_a to_o this_o nation_n other_o country_n begin_v to_o make_v they_o of_o their_o own_o wool_n and_o by_o afford_v they_o cheap_a than_o we_o may_v so_o to_o take_v our_o market_n from_o we_o and_o this_o i_o hope_v may_v in_o part_n serve_v for_o answer_n to_o the_o next_o objection_n that_o all_o great_a and_o sudden_a change_n be_v common_o dangerous_a for_o that_o rule_n hold_v true_a where_o the_o body_n natural_a or_o politic_a be_v in_o perfect_a state_n of_o health_n but_o where_o there_o be_v a_o decline_a as_o i_o have_v some_o cause_n to_o fear_v there_o be_v or_o may_v soon_o be_v with_o we_o there_o to_o make_v no_o alteration_n be_v a_o certain_a way_n to_o ruin_n to_o the_o three_o that_o money_n will_v be_v sudden_o call_v in_o and_o so_o all_o borrower_n great_o prejudice_v for_o that_o there_o may_v be_v a_o clause_n in_o the_o end_n of_o the_o statute_n whensoever_o it_o shall_v be_v make_v that_o it_o shall_v be_v lawful_a for_o all_o that_o have_v lend_v money_n at_o ten_o in_o the_o hundred_o which_o be_v now_o forbear_v and_o owe_v to_o take_v for_o such_o money_n so_o lend_v and_o owe_v during_o two_o year_n after_o this_o session_n of_o parliament_n such_o use_v as_o they_o may_v have_v do_v if_o this_o act_n have_v not_o be_v make_v whereby_o borrower_n shall_v be_v in_o less_o danger_n of_o sudden_a call_n in_o of_o their_o money_n then_o now_o they_o be_v for_o where_o the_o lender_n upon_o continuance_n of_o their_o old_a security_n may_v take_v ten_o in_o the_o hundred_o upon_o new_a security_n they_o may_v be_v content_a with_o less_o so_o the_o call_n in_o of_o their_o money_n will_v be_v to_o their_o own_o prejudice_n and_o if_o there_o be_v any_o borrower_n to_o who_o this_o give_v not_o sufficient_a satisfaction_n if_o such_o borrower_n have_v land_n of_o value_n to_o pay_v his_o debt_n the_o worst_a condition_n he_o can_v fear_v be_v to_o have_v at_o the_o least_o twenty_o year_n purchase_v for_o his_o land_n wherewith_o to_o clear_v his_o debt_n for_o as_o i_o say_v before_o land_n be_v the_o best_a security_n and_o secure_a inheritance_n will_v still_o bear_v a_o rate_n above_o money_n and_o so_o there_o be_v no_o use_n allow_v for_o money_n above_o the_o rate_n tolerate_v in_o other_o country_n land_n will_v as_o ready_o sell_v at_o twenty_o year_n purchase_v as_o it_o do_v now_o at_o twelve_o and_o i_o think_v there_o be_v no_o borrower_n that_o have_v land_n of_o value_n to_o pay_v his_o debt_n do_v doubt_n if_o he_o will_v now_o sell_v his_o land_n at_o ten_o year_n purchase_v he_o may_v soon_o be_v out_o of_o debt_n to_o the_o four_o objection_n that_o money_n will_v be_v hard_a to_o be_v borrow_v and_o so_o commerce_v hinder_v i_o answer_v that_o it_o be_v true_a if_o the_o high_a rate_n of_o usury_n do_v increase_v money_n within_o this_o land_n but_o the_o high_a rate_n of_o usury_n do_v enrich_v only_o the_o usurer_n and_o impoverish_v the_o kingdom_n as_o have_v be_v show_v and_o it_o be_v the_o plenty_n of_o money_n within_o the_o land_n that_o make_v money_n easy_a to_o be_v borrow_v as_o we_o see_v by_o the_o example_n of_o other_o country_n where_o money_n be_v easy_a to_o be_v borrow_v than_o it_o be_v with_o we_o and_o yet_o the_o rate_n tolerate_v for_o use_n be_v little_o more_o than_o half_a so_o much_o it_o be_v the_o high_a rate_n of_o use_n that_o undo_v so_o many_o