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A57520 Sir Thomas Roe his speech in Parliament wherein he sheweth the cause of the decay of coyne and trade in this land, especially of merchants trade, and also propoundeth a vvay to the House, how they may be increased.; Speech in Parliament wherein he sheweth the cause of the decay of coyne and trade in this land, especially of merchants trade Roe, Thomas, Sir, 1581?-1644. 1641 (1641) Wing R1781; ESTC R12658 6,562 14

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if the causes change the effects will follow Now it is true that our great Trade depends upon the troubles of our neighbours and wee enjoy almost the Trade of Christendome but if a peace happen betwixt France Spaine and the Vnited Provinces all these will share what we now possesse alone and therefore wee must provide for that day for nothing stands secure but upon his owne foundation To make then our owne Trade secure we must consider our owne Staple-commodities whereof Wooll is the chiefest and seeke the way to both to keepe up the price at home and the estimation of all commodity made of that and to be vented abroad Some other helpes we have as Tynne Lead and such like but I dare confidently affirme That nothing exported of our owne growth hath balanced our riotous consumption at home but those forraine commodi ies which I call naturalized that is that surplus of our East-India Trade which being brought home in greater quantity then are spent within the Kingdome are exported againe and become in value and use as naturall commodities and therefore by the way I hold it absolutely necessary to maintaine that Trade by a regulation with the Dutch of which more reason shall be given when that particular shall be taken into consideration We have yet another great helpe which is our owne and wants only our industry to gather the harvest which is our fishing and erecting of Busses both for the enriching of our Kingdome and the breeding of Mariners and this by private industry though to private losse is beaten out already and shall be offered to the Common-wealth if they please to accept of it and to give you one onely encouragement I doe avow that before the Dutch were lately interrupted by the Dunkerks by their industry and our fish they made at great Returnes betweene Dansicke and Naples as the value of all our Cloth which is one million yearely and this in a due place I desire should have his due weight and consideration We have one helpe more if we knew how to use it that is by the new drained Lands in the Fens most fit for Flax and Hempe to make all sorts of Linen for the body for the house and sailes for ships that is a Dutch and French Trade but in Holland one Acre of ground is rented at three pounds which if the Hollanders may have in the Fens for 10. s. or 12. s. it will be easie to draw the manufacture into England which will set infinite people a worke and we may be able to serve other Nations with that which we buy deare from them and then the State and Kingdome will be happy and rich when the Kings customes shall depend upon commodities exported and those able to returne all things which we want and then our money must stay within our Kingdome and all the trade returne in money to incourage you to this I give you one example That if the severall sorts of Callicoes made of Cotton woolls in the Moguls and Dans Dominions doth clothe from head to foot all Asia a part of Europe Aegypt much of Africa and the Easterne Islands as farre as Sumatra which makes that Prince without Mines the richest Prince in the world and by his Majesties Grace and Priviledges granted to the Dutch I am confident wee may make and undersell in all Linen cloth in all the Nations in Europe But I have now wandred far from my Theam which was the decay of Trade and of Woollen commodity I must first therefore present to your consideration the causes thereof in my observations whereof some are internall and some externall The internall have proceeded from her owne false making a stretchning and such like practices whereby indeed our Cloth is discredited I speake by experience from Dansick and Holland northward to Constantinople as I will instance in due time This false Lucre of our owne and the interruption in the dying and dressing projected and not overcome gave the first wound though could it have beene compassed had doubled the value of our Commodity This hath caused the Dutch Silesians and Venetians to attempt the making of Cloath and now byy experience as I am informed the halfe is not vented that was in the latter Age Another internall cause hath risen from such Impositions as hath made our cloath too deare abroad and consequently taught others to provide for themselves Another internall cause hath sprung from pressaries upon tender consciences that many of our Clothiers and others have forsaken the Kingdome and carried their Arts with them to the unexpressable det●iment of the Common-wealth The externall causes have been the want of perfection and countenance to our Merchants established abroad in Factories by the State and by the Treaties whereby the Capitulations have not beene kept nor assured unto them neither in Prussia nor in the ●ound nor Humburgh nor Holland nor in the East and this I dare say that Laban never changed Iacobs wages so often as the Hollanders have forced our Merchants to change their residences and the very course of this Trade by Lawes and Tricks for their own advantage of which the Merchant adventurers will more fully informe you Another externall cause is lamentable Report the increase of the Pirates and the insecurity of the Meditirranean Seas whereby Bristow and the Westerne Ports that cannot have so great shipping as London are beaten out of Trade and fishing and if once those Theeves shal finde the way to Banke and New-found-land they will undo the West parts of England I will trouble you with a Consideration very considerable in our Government whether indeed London doth not monopolize all Trade in my opinion it is no good state of a body to have a fat Head thin Guts and leane Members But to bring something before you of Remedy I say thus for my first ground that if our Cloth be not vented as in former yeeres let us imbrace some other way to spend and vent our Wools Cloth is a heavie and hot wearing and serves but one cold corner of the World But if we embrace the new Draperies and encourage the Wallons and others by Priviledges and Naturalizations we shall imploy all the wooll we have set more people a worke then by Cloth and a pound of wooll in those stuffes true made will out-sell two pounds in cloth and this we may supply France Italy Spaine Barbary and some parts of Asia by such light and fine stuffes as will fit those warmer Regions and yet have sufficient for the cold Climates to be spent and adventured in true made cloth by the reputation both of our Nation and commodity But in this course I must observe that these strangers so fit to be nourished and being Protestants may have priviledges to use their owne rights in Religion so as they be not scandalous as the Dutch and French had granted unto them by Queene Elizabeth and certainly the setling of religion secure in England the fear wherof