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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
money_n according_a commodity_n exchange_n 1,632 5 11.4074 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A06785 The center of The circle of commerce. Or, A refutation of a treatise, intituled The circle of commerce, or The ballance of trade, lately published by E.M. By Gerard Malynes merchant Malynes, Gerard, fl. 1586-1641. 1623 (1623) STC 17221; ESTC S111905 76,643 152

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procure_v by_o merchant_n by_o or_o under_o the_o three_o essential_a part_n of_o traffic_n either_o by_o commodity_n or_o by_o money_n or_o by_o exchange_n of_o money_n according_a to_o every_o man_n profession_n and_o occasion_n in_o the_o course_n of_o trade_n some_o by_o commodity_n only_o other_o by_o money_n &_o other_o by_o exchange_n for_o money_n or_o by_o all_o three_o mean_n trade_n three_o mean_n of_o trade_n or_o some_o of_o they_o which_o yield_v most_o benefit_n as_o we_o shall_v declare_v in_o the_o sequel_n of_o this_o discourse_n in_o plain_a and_o significant_a word_n fit_a for_o every_o man_n understanding_n without_o affectation_n of_o superficiary_a term_n of_o art_n by_o demonstrative_a reason_n and_o infallible_a argument_n illustrate_v by_o simile_n notwithstanding_o the_o refuter_n objection_n which_o i_o intend_v to_o answer_v as_o they_o shall_v occur_v unto_o i_o have_v by_o this_o index_n purgatorius_fw-la dissolve_v some_o frantic_a disease_n of_o his_o brain_n which_o may_v have_v obscure_v the_o thing_n material_a of_o this_o important_a business_n thus_o have_v resolve_v to_o contain_v myself_o within_o the_o circle_n of_o modesty_n remember_v the_o say_n of_o socrates_n if_o a_o ass_n kick_v thou_o will_v thou_o kick_v he_o again_o i_o be_o only_a to_o address_v some_o few_o speech_n unto_o he_o by_o way_n of_o imitation_n alas_o poor_a man_n you_o do_v so_o often_o deplore_v my_o ignorance_n by_o these_o word_n to_o extol_v your_o learning_n who_o be_v never_o graduate_v in_o school_n do_v you_o think_v to_o conjure_v i_o within_o the_o circuit_n of_o your_o circle_n wherein_o you_o be_v enclose_v i_o be_o not_o to_o follow_v your_o method_n of_o circulation_n especial_o when_o you_o strive_v to_o commend_v and_o make_v good_a that_o within_o book_n which_o be_v never_o in_o question_n and_o malicious_o urge_v some_o thing_n without_o book_n that_o be_v never_o mean_v by_o word_n nor_o writing_n to_o be_v defend_v neither_o can_v i_o be_v draw_v from_o the_o matter_n by_o your_o meander_n or_o excursion_n and_o vain_a disputation_n de_fw-fr lana_fw-la caprina_fw-la you_o do_v embrace_v with_o ixion_n a_o cloud_n for_o juno_n and_o with_o narcissus_n love_v your_o own_o shadow_n for_o a_o water_n nymph_n leave_v your_o profanation_n of_o god_n word_n in_o your_o passionate_a writing_n for_o the_o high_a point_n of_o knowledge_n be_v to_o know_v that_o we_o know_v nothing_o and_o so_o i_o end_v with_o a_o observation_n only_o of_o such_o other_o absurdity_n as_o be_v fit_a to_o be_v note_v for_o the_o better_a understanding_n of_o the_o matter_n to_o be_v entreat_v of_o the_o content_n of_o the_o five_o chapter_n or_o zone_n chap._n 1._o that_o exchange_n for_o money_n by_o bill_n of_o exchange_n be_v the_o public_a measure_n between_o the_o realm_n of_o england_n and_o other_o country_n place_v under_o the_o arctic_a circle_n chap._n 2._o that_o the_o money_n of_o the_o realm_n be_v undervalue_v in_o exchange_n between_o we_o and_o other_o country_n in_o the_o tropic_n of_o cancer_n chap._n 3._o that_o gain_n be_v the_o centre_n of_o the_o circle_n of_o commerce_n and_o that_o the_o undervaluation_n of_o our_o money_n in_o exchange_n be_v the_o efficient_a cause_n of_o the_o overballance_a of_o trade_n place_v in_o the_o equinoctial_a chap._n 4._o a_o examination_n of_o the_o centre_n of_o commerce_n in_o the_o trade_n from_o england_n into_o other_o country_n place_v in_o the_o tropic_n of_o capricorn_n chap._n 5._o the_o mean_n to_o balance_v the_o trade_n of_o england_n by_o the_o say_a centre_n or_o the_o remedy_n against_o the_o cause_n of_o the_o decay_n thereof_o place_v in_o the_o antarctic_a circle_n chap._n i._n that_o exchange_n for_o money_n by_o bill_n of_o exchange_n be_v the_o public_a measure_n between_o the_o realm_n of_o england_n and_o other_o country_n enter_v into_o the_o first_o zone_n or_o arctic_a circle_n of_o the_o north_n let_v we_o direct_v our_o compass_n 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shall_v we_o term_v this_o a_o fallacy_n 39_o p._n 39_o because_o that_o the_o linen_n in_o germany_n have_v these_o two_o or_o three_o year_n last_o come_v thence_o so_o cheap_a notwithstanding_o they_o be_v buy_v with_o money_n give_v out_o at_o high_a rate_n especial_o when_o intestine_a war_n make_v thing_n good_a cheap_a as_o mounseur_fw-fr bodine_n have_v observe_v in_o france_n and_o other_o place_n again_o when_o the_o price_n of_o commodity_n be_v raise_v general_o with_o the_o price_n of_o money_n enhance_v 25._o p._n 25._o shall_v we_o contradict_v the_o same_o because_o one_o commodity_n as_o clove_n be_v not_o rise_v but_o sell_v as_o a_o staple_n ware_n likewise_o when_o money_n be_v not_o import_v when_o there_o be_v a_o loss_n by_o the_o bring_n of_o they_o again_o money_n decay_v of_o their_o price_n be_v import_v again_o shall_v we_o deny_v this_o principle_n when_o money_n be_v bring_v in_o be_v decry_v or_o make_v bullion_n beyond_o the_o sea_n as_o the_o jacobus_n and_o other_o coin_n have_v be_v of_o late_a in_o holland_n and_o those_o part_n which_o cause_v some_o quantity_n for_o a_o time_n to_o be_v import_v again_o when_o general_o all_o divine_n do_v interpret_v and_o understand_v the_o hebrew_n word_n neshech_n to_o be_v the_o bite_n of_o a_o dog_n or_o a_o gnaw_a as_o a_o dog_n do_v upon_o a_o bone_n concern_v usury_n which_o the_o learned_a doctor_n felton_n now_o bishop_n of_o ely_n and_o doctor_n wilson_n the_o civilian_n have_v so_o plain_o expound_v in_o their_o two_o treatise_n of_o usury_n 44._o p._n 44._o shall_v we_o disallow_v hereof_o because_o one_o rabbi_n bechai_n do_v take_v it_o to_o be_v the_o bite_n or_o suck_v of_o a_o serpent_n the_o general_a trade_n all_o the_o world_n over_o be_v make_v by_o the_o rule_n and_o square_v of_o money_n which_o be_v therefore_o call_v publica_fw-la mensura_fw-la in_o all_o country_n where_o money_n be_v use_v to_o set_v a_o price_n unto_o all_o commodity_n now_o albeit_o that_o there_o 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he_o do_v speak_v plain_o a_o little_a before_o but_o it_o seem_v that_o some_o tobacco_n smoke_n do_v offend_v his_o memory_n which_o make_v he_o forgetful_a there_o be_v no_o merchant_n say_v he_o of_o any_o experience_n 17._o p._n 17._o but_o as_o he_o have_v one_o eye_n upon_o the_o value_n of_o his_o commodity_n so_o have_v he_o the_o other_o eye_n upon_o the_o money_n both_o intrinsique_n in_o the_o inward_a value_n or_o fineness_n and_o extrinsique_n in_o the_o outward_a denomination_n or_o account_n as_o it_o be_v currant_n in_o every_o country_n together_o with_o the_o course_n of_o exchange_n whither_o he_o do_v direct_v his_o trade_n otherwise_o if_o the_o money_n rise_v in_o denomination_n above_o the_o true_a worth_n in_o valuation_n and_o the_o exchange_n also_o rise_v according_o if_o this_o merchant_n do_v not_o raise_v the_o price_n of_o his_o commodity_n in_o due_a proportion_n answerable_a thereunto_o he_o shall_v be_v sure_a to_o come_v home_o by_o weep_a cross_n how_o ever_o he_o make_v his_o return_n whether_o by_o exchange_n or_o in_o money_n bullion_n or_o ware_n etc._n etc._n if_o i_o shall_v take_v upon_o i_o to_o discourse_v upon_o this_o text_n &_o make_v no_o other_o answer_n unto_o all_o his_o assertion_n sure_o here_o be_v matter_n enough_o to_o convince_v he_o of_o all_o his_o folly_n which_o by_o the_o proverbial_a text_n in_o the_o title_n of_o his_o pampflet_n be_v quote_v but_o i_o intend_v to_o be_v brief_a and_o substantial_a all_o man_n of_o judgement_n may_v easy_o perceive_v that_o the_o main_a point_n in_o question_n concern_v our_o difference_n do_v consist_v in_o the_o abuse_n of_o exchange_n touch_v the_o value_n of_o money_n of_o other_o country_n enhance_v of_o late_a year_n when_o the_o money_n of_o the_o realm_n do_v remain_v at_o a_o stand_n &_o that_o there_o be_v a_o underualuation_n of_o our_o money_n in_o exchange_n whereby_o the_o denomination_n of_o foreign_a coin_n do_v in_o some_o part_n answer_v we_o as_o 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and_o foreign_a ware_n be_v buy_v and_o sell_v exchange_n the_o ground_n of_o exchange_n for_o the_o same_o be_v ground_v upon_o the_o money_n of_o the_o realm_n and_o the_o money_n of_o other_o country_n respective_o according_a to_o their_o inward_a value_n true_o to_o be_v express_v by_o outward_a valuation_n impose_v upon_o they_o by_o the_o authority_n of_o sovereign_a prince_n and_o state_n which_o be_v to_o sit_v at_o the_o stern_a of_o trade_n for_o merchant_n may_v commit_v great_a error_n in_o trade_n seek_v their_o private_a gain_n and_o the_o common_a wealth_n do_v receive_v a_o incredible_a prejudice_n thereby_o as_o shall_v be_v make_v plain_a hereafter_o to_o make_v this_o more_o evident_a rule_n general_n rule_n consider_v we_o of_o these_o general_a rule_n even_o as_o plenty_n of_o money_n make_v thing_n dear_a and_o scarcity_n of_o money_n make_v thing_n good_a cheap_a even_o so_o plenty_n or_o scarcity_n of_o commodity_n make_v the_o price_n thereof_o to_o rise_v 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exchange_n as_o aforesaid_a but_o misselden_n will_v no_o more_o understand_v this_o 20._o p._n 20._o than_o he_o do_v the_o simbolization_n of_o the_o element_n which_o as_o it_o be_v by_o strive_v do_v subsist_v and_o be_v agree_v by_o concordi_fw-la discordia_fw-la and_o be_v not_o therefore_o to_o be_v term_v in_o this_o a_o dissimilitude_n shall_v i_o carp_v at_o every_o word_n and_o be_v ravish_v with_o a_o foolish_a admiration_n at_o the_o word_n uphold_v and_o make_v the_o same_o a_o oratory_n i_o may_v be_v as_o good_a a_o rhetorition_n as_o the_o clerk_n be_v in_o call_v a_o flock_n of_o sheep_n to_o be_v a_o auditory_a which_o i_o think_v be_v the_o man_n that_o will_v needs_o go_v in_o all_o haste_n to_o dwell_v in_o the_o immaginary_a flourish_a commonwealth_n of_o utopia_n without_o money_n so_o much_o by_o he_o extol_v misselden_n change_v his_o immodest_a stile_n in_o a_o more_o temperate_a manner_n say_v ●_o p._n 93._o ●_o that_o exchange_n in_o general_n may_v be_v say_v to_o be_v personal_a and_o provincial_a the_o personal_a exchange_n be_v a_o plain_a buy_n and_o sell_v of_o commodity_n and_o of_o money_n and_o why_o not_o for_o exchange_n of_o money_n by_o bill_n of_o exchange_n or_o letter_n of_o credit_n and_o here_o come_v in_o his_o former_a and_o latter_a the_o one_o be_v matter_n of_o trade_n the_o other_o be_v matter_n of_o state_n and_o so_o all_o kingdom_n and_o commonweal_n be_v make_v provincial_a and_o the_o money_n changer_n be_v bring_v in_o by_o raise_v term_n because_o they_o be_v whip_v out_o of_o the_o temple_n for_o abuse_v the_o place_n if_o it_o be_v only_o for_o the_o place_n sure_o himself_o for_o abuse_v the_o place_n of_o scripture_n deserve_v a_o worse_a punishment_n leave_v the_o name_n of_o exchange_n pari._n par_fw-fr pro_fw-la pari._n he_o bring_v in_o a_o other_o distinction_n of_o natural_a
and_o politic_a and_o the_o natural_a exchange_n he_o will_v not_o call_v par_fw-fr pro_fw-la pari_fw-la but_o value_n for_o value_n according_a to_o the_o inward_a finesse_n which_o be_v know_v by_o the_o assay_n and_o melt_a separate_v the_o pure_a from_o the_o impure_a the_o fine_a silver_n and_o gold_n from_o the_o allay_n or_o copper_n and_o herein_o be_v no_o other_o observation_n but_o look_v how_o much_o fine_a silver_n or_o gold_n you_o receive_v in_o one_o place_n just_a so_o much_o and_o no_o more_o you_o must_v pay_v and_o deliver_v in_o another_o place_n but_o you_o may_v not_o call_v this_o parity_n nor_o purity_n this_o say_v he_o be_v a_o better_a direction_n than_o limitation_n of_o exchange_n whereby_o you_o may_v understand_v how_o he_o be_v mistake_v suppose_v that_o the_o price_n of_o the_o currant_n exchange_n shall_v be_v limit_v and_o not_o rise_v and_o fall_v according_a to_o the_o nature_n of_o exchange_n upon_o plenty_n or_o scarcity_n of_o money_n and_o 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you_o think_v that_o the_o money_n will_v be_v export_v by_o they_o that_o be_v the_o taker_n thereof_o whereby_o the_o kingdom_n lose_v the_o money_n and_o you_o that_o be_v the_o deliverer_n of_o the_o money_n the_o benefit_n which_o they_o reap_v thereby_o which_o you_o ought_v to_o have_v give_v you_o by_o just_a and_o true_a exchange_n be_v not_o the_o king_n and_o the_o nobility_n great_a loser_n hereby_o in_o deliver_v of_o their_o money_n hereunto_o he_o repli_v you_o be_v wide_a there_o be_v no_o such_o matter_n you_o mistake_v the_o business_n this_o can_v be_v prove_v it_o be_v the_o main_a pillar_n to_o support_v that_o strange_a and_o perilous_a project_n of_o the_o par_fw-fr the_o foundation_n whereof_o i_o have_v root_v out_o 101._o p._n 101._o for_o by_o take_v that_o away_o all_o malines_n allegation_n be_v fall_v to_o the_o ground_n there_o be_v not_o any_o such_o underualuation_n of_o our_o money_n in_o exchange_n 76._o p._n 76._o it_o be_v but_o foppery_n and_o delusion_n proceed_v of_o a_o weak_a brain_n de_fw-fr homine_fw-la imperito_fw-la nunquam_fw-la quic_fw-la quam_fw-la iniustius_fw-la qui_fw-la nisi_fw-la quod_fw-la ipse_fw-la facit_fw-la nihil_fw-la rectum_fw-la putat_fw-la to_o this_o peremptory_a opinion_n i_o must_v join_v a_o peremptory_a issue_n and_o come_v to_o the_o proof_n put_v he_o nevertheless_o in_o mind_n that_o he_o do_v maintain_v that_o the_o low_a exchange_n for_o money_n be_v profitable_a for_o our_o merchant_n that_o be_v common_o the_o taker_n of_o money_n here_o in_o engla●d_n and_o so_o beyond_o the_o sea_n where_o they_o be_v deliverer_n now_o how_o a_o low_a exchange_n can_v be_v imagine_v without_o the_o underualuation_n of_o our_o money_n in_o exchange_n i_o refer_v to_o his_o deep_a apprehension_n come_v we_o therefore_o in_o the_o next_o place_n to_o prove_v this_o underualuation_n of_o our_o money_n in_o exchange_n and_o then_o such_o as_o deserve_v the_o name_n of_o mountebank_n juggler_n or_o imposture_n of_o trade_n will_v be_v find_v out_o as_o easy_o by_o the_o centre_n of_o commerce_n 17._o p._n 17._o as_o the_o cu'man_n ass_n be_v wear_v the_o lion_n skin_n by_o the_o strange_a that_o have_v see_v a_o lion_n who_o know_v he_o by_o his_o ear_n and_o bray_a marvel_v not_o therefore_o that_o i_o have_v write_v of_o merchant_n law_n which_o be_v extol_v and_o not_o disgrace_v thereby_o or_o by_o such_o a_o fellow_n who_o will_v you_o to_o remember_v maximilian_n fool_n tell_v the_o emperor_n that_o if_o he_o will_v derive_v his_o pedigree_n from_o noah_n ark_n whereas_o now_o he_o reverence_v he_o like_o a_o god_n if_o he_o come_v once_o to_o the_o ark_n he_o shall_v be_v his_o fellow_n for_o he_o be_v sure_a that_o he_o also_o descend_v from_o thence_o this_o undervaluation_n be_v prove_v will_v verify_v the_o proverb_n who_o be_v the_o fool_n now_o and_o horace_n his_o crow_n will_v be_v find_v to_o have_v lose_v his_o cheese_n by_o too_o 144._o p._n 144._o much_o chatter_v or_o aesop_n dog_n his_o bone_n by_o too_o much_o gape_v which_o simile_n himself_o have_v use_v chap._n ii_o that_o the_o money_n of_o the_o realm_n be_v underuaul_v in_o exchange_n between_o we_o and_o other_o country_n from_o the_o north_n star_n of_o the_o arctic_a circle_n or_o pole_n we_o be_v come_v to_o the_o tropic_n of_o cancer_n to_o entreat_v of_o the_o underualuation_n of_o our_o money_n in_o exchange_n which_o may_v well_o be_v compare_v unto_o cancer_n the_o crab_n in_o go_v back_o for_o so_o do_v the_o wealth_n of_o the_o realm_n by_o these_o mean_n decay_v for_o we_o look_v one_o way_n and_o go_v another_o way_n like_o man_n that_o row_v on_o the_o water_n or_o like_a crab_n on_o the_o land_n we_o have_v observe_v heretofore_o that_o politition_n or_o statesman_n have_v note_v that_o the_o often_o compare_v of_o a_o thing_n unto_o his_o principle_n or_o original_a produce_v the_o long_a continuance_n show_v by_o digression_n how_o the_o same_o be_v decay_v 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be_v value_v at_o ten_o shilling_n starlin_n be_v all_o of_o a_o goodness_n of_o gold_n in_o value_n which_o we_o call_v waight_n and_o finesse_n by_o the_o term_n of_o the_o mint_n so_o the_o french_a crown_n which_o be_v value_v here_o at_o six_o shilling_n starlin_n exchange_n english_a &_o foreign_a coin_n all_o one_o in_o exchange_n and_o beyond_o the_o sea_n at_o six_o shilling_n flemish_n be_v correspondent_a the_o philip_n doller_n of_o silver_n be_v value_v at_o five_o shilling_n flemish_n and_o so_o be_v the_o edward_n crown_n of_o silucr_n five_o shilling_n starlin_n our_o ten_o groat_n be_v three_o shilling_n and_o four_o penny_n be_v correspondent_a to_o the_o emperor_n florin_n of_o twenty_o stivers_n and_o the_o flemish_a shilling_n of_o six_o stivers_n or_o twelve_o penny_n flemish_n be_v all_o one_o with_o our_o shilling_n or_o twelve_o penny_n starlin_n for_o a_o ounce_n of_o starlin_n silver_n be_v value_v as_o five_o shilling_n for_o there_o be_v five_o piece_n or_o 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thereof_o exchange_n silver_n coin_n do_v rule_v the_o market_n and_o exchange_n be_v 500_o to_o one_o of_o gold_n which_o cause_v the_o exchange_n to_o be_v make_v according_a to_o the_o silver_n coin_n which_o overrule_v the_o coin_n of_o gold_n the_o first_o inequality_n creep_v in_o by_o the_o inhaunce_n of_o money_n be_v upon_o the_o philip_n doller_n which_o be_v come_v from_o 30_o stivers_n or_o 5_o s_o as_o aforesaid_a to_o 33_o and_o 35_o stivers_n whereby_o the_o price_n of_o exchange_n begin_v to_o alter_v in_o the_o year_n of_o our_o lord_n 1563_o and_o 1564_o which_o then_o be_v look_v into_o by_o the_o merchant_n adventurer_n according_a to_o the_o complaint_n of_o mr._n hussey_n their_o governor_n and_o that_o make_v they_o to_o make_v exchange_n upon_o our_o pound_n of_o 20_o s_o starlin_n at_o 22_o s._n 6_o d._n and_o 23_o s._n afterward_o in_o the_o year_n 1575._o the_o say_a philip_n doller_n go_v currant_n for_o 36_o stivers_n or_o 6_o s_o flemish_n which_o be_v enhance_v full_a twenty_o in_o the_o hundred_o or_o four_o shilling_n upon_o twenty_o shilling_n whereby_o the_o parity_n of_o exchange_n be_v alter_v in_o name_n from_o 20_o to_o 24_o because_o that_o 24_o s_o with_o they_o beyond_o the_o sea_n and_o our_o 20_o s_o here_o be_v all_o one_o in_o value_n so_o that_o 500_o l_o starlin_n be_v correspondent_a or_o answerable_a to_o 600_o l_o flemish_n by_o reason_n of_o the_o say_a valuation_n without_o any_o alteration_n of_o standard_n before_o that_o time_n that_o be_v to_o say_v in_o the_o year_n of_o our_o lord_n 1567._o the_o burgundian_n rickx_n doller_n be_v coin_v in_o the_o empire_n for_o 32_o stivers_n lup_n or_o two_o mark_n lubish_n of_o 16_o shilling_n the_o mark_n so_o that_o then_o one_o shilling_n lubish_n and_o one_o stiver_n one_o shilling_n lubish_n and_o stivers_n all_o one_o be_v between_o germany_n and_o the_o netherlands_o all_o one_o in_o name_n as_o we_o have_v more_o ample_o declare_v in_o lex_fw-la 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enumeration_n of_o sundry_a signification_n of_o the_o same_o distinction_n definition_n of_o distinction_n with_o a_o apt_a application_n to_o the_o thing_n in_o question_n observe_v we_o the_o plain_a way_n to_o distinguish_v the_o operation_n of_o the_o say_a centre_n gain_n in_o the_o course_n of_o traffic_n for_o even_o as_o a_o spider_n have_v the_o best_a quality_n of_o feeling_n sit_v with_o the_o head_n downward_o in_o her_o circular_a web_n as_o the_o centre_n thereof_o to_o catch_v her_o live_n in_o all_o the_o part_n of_o the_o circumference_n of_o her_o web_n even_o so_o have_v all_o man_n but_o most_o especial_o worling_n look_v down_o ward_n with_o the_o kite_n a_o action_n and_o feel_n of_o their_o benefit_n and_o gain_v which_o rule_v the_o course_n of_o trade_n in_o general_a by_o god_n direction_n to_o be_v observe_v therein_o the_o wealth_n of_o a_o kingdom_n can_v proper_o decrease_v realm_n three_o mean_n to_o decrease_v the_o wealth_n of_o the_o realm_n but_o three_o manner_n of_o way_n namely_o by_o sell_v our_o native_a commodity_n too_o good_a cheap_a by_o buy_v the_o foreign_a commodity_n too_o dear_a and_o by_o the_o exportation_n of_o our_o money_n inspecie_fw-la cause_v by_o a_o low_a exchange_n for_o money_n by_o bill_n of_o exchange_n as_o before_o be_v declare_v in_o the_o manage_n whereof_o we_o be_v to_o make_v three_o distinction_n the_o first_o concern_v the_o king_n and_o the_o nobility_n gentleman_n and_o traveller_n considerable_a three_o distinction_n considerable_a who_o be_v here_o deliverer_n of_o money_n to_o serve_v their_o occasion_n beyond_o the_o sea_n or_o else_o they_o be_v taker_n up_o beyond_o the_o sea_n by_o letter_n of_o credit_n to_o their_o great_a loss_n when_o the_o price_n of_o exchange_n be_v low_a or_o foreign_a coin_n be_v enhance_v or_o overvalue_v in_o exchange_n unto_o we_o as_o be_v before_o declare_v in_o the_o first_o chapter_n the_o second_o distinction_n concern_v particular_a merchant_n who_o do_v make_v a_o private_a benefit_n by_o money_n and_o exchange_n to_o the_o prejudice_n of_o the_o kingdom_n by_o a_o low_a exchange_n and_o undervaluation_n of_o our_o money_n the_o three_o concern_v the_o whole_a kingdom_n in_o general_a wherein_o the_o say_v particular_a merchant_n do_v bear_v some_o loss_n unaware_o although_o they_o have_v a_o great_a gain_n by_o a_o disorder_a trade_n another_o way_n to_o the_o utter_a undo_n of_o all_o trade_n and_o destruction_n of_o the_o realm_n which_o we_o be_v now_o to_o distinguish_v it_o be_v demand_v 17._o p._n 17._o whether_o it_o be_v lawful_a for_o merchant_n to_o seek_v their_o privatum_fw-la commodum_fw-la in_o the_o exercise_n of_o their_o call_n whether_o gain_n be_v not_o the_o end_n of_o trade_n and_o whether_o the_o private_a be_v not_o invalued_a in_o the_o public_a the_o answer_n be_v extant_a that_o albeit_o the_o general_n be_v compose_v of_o the_o particular_a 3._o maine_n of_o free_a trade_n p._n 3._o yet_o it_o may_v fall_v out_o that_o the_o general_n shall_v receive_v a_o intolerable_a prejudice_n and_o loss_n by_o the_o particular_a benefit_n of_o some_o the_o opinion_n and_o council_n therefore_o in_o the_o reformation_n of_o abuse_n of_o some_o private_a merchant_n be_v to_o be_v hold_v in_o suspicion_n and_o king_n and_o prince_n be_v to_o sit_v at_o the_o stern_a of_o trade_n which_o cause_v the_o wise_a man_n to_o say_v consult_v not_o with_o a_o merchant_n concern_v exchange_n 11._o ecclesiasticus_fw-la 37._o ver_fw-la 11._o the_o gain_n which_o be_v prejudicial_a to_o the_o commonwealth_n and_o beneficial_a to_o some_o merchant_n in_o particular_a be_v these_o as_o follow_v english_a merchant_n be_v here_o the_o taker_n of_o money_n by_o exchange_n have_v a_o great_a gain_n when_o they_o take_v the_o same_o at_o a_o low_a exchange_n asgument_n pernicious_a asgument_n give_v less_o by_o their_o bill_n of_o exchange_n in_o foreign_a part_n and_o in_o 〈◊〉_d manner_n beyond_o the_o sea_n in_o give_v flemish_n or_o other_o money_n there_o to_o have_v here_o starlin_n money_n for_o it_o they_o be_v there_o common_o the_o deliverer_n of_o money_n so_o that_o a_o low_a price_n of_o exchange_n by_o the_o undervaluation_n of_o our_o money_n be_v profitable_a to_o the_o merchant_n and_o to_o maintain_v this_o it_o be_v infer_v that_o merchant_n stranger_n will_v export_v more_o money_n out_o of_o the_o realm_n into_o foreign_a part_n if_o english_a merchant_n do_v not_o take_v the_o say_a money_n by_o exchange_n and_o that_o at_o a_o low_a price_n whereby_o the_o english_a merchant_n become_v a_o gainer_n and_o the_o merchant_n stranger_n a_o loose_a again_o if_o a_o equal_a exchange_n be_v use_v according_a to_o the_o standard_n of_o money_n of_o other_o nation_n and_o we_o then_o can_v not_o english_a merchant_n sell_v our_o native_a commodity_n so_o good_a cheap_a beyond_o the_o sea_n to_o undersell_v other_o nation_n cast_v their_o calculation_n of_o buy_v and_o sell_v according_a to_o the_o low_a price_n of_o exchange_n also_o if_o the_o price_n of_o exchange_n be_v high_a beyond_o the_o sea_n then_o the_o spanish_a merchant_n can_v not_o make_v such_o gain_n by_o the_o royal_n of_o 8_o which_o they_o transport_v thither_o make_v return_n of_o the_o proceed_v of_o they_o by_o a_o low_a exchange_n to_o their_o great_a benefit_n of_o 25_o per_fw-la cento_fw-la where_o they_o can_v make_v here_o but_o ten_o upon_o the_o hundred_o if_o the_o money_n be_v not_o enhance_v beyond_o the_o sea_n merchant_n can_v not_o sell_v our_o native_a commodity_n at_o the_o price_n they_o now_o do_v and_o return_v the_o value_n thereof_o by_o a_o low_a exchange_n from_o thence_o or_o take_v up_o the_o same_o here_o give_v so_o little_a by_o exchange_n there_o english_a merchant_n buy_v here_o cloth_n upon_o their_o credit_n and_o sell_v the_o same_o beyond_o the_o sea_n have_v a_o good_a gain_n to_o return_v their_o money_n by_o a_o low_a exchange_n to_o pay_v the_o seller_n of_o the_o cloth_n with_o his_o own_o &_o so_o trade_v without_o stock_n be_v instrument_n to_o sell_v the_o native_a commodity_n of_o the_o realm_n if_o the_o exchange_n be_v not_o low_a under_o the_o value_n of_o the_o standard_n merchant_n can_v not_o make_v a_o great_a benefit_n by_o take_v up_o money_n here_o be_v he_o either_o english_a or_o stranger_n and_o transport_v the_o same_o to_o pay_v their_o bill_n of_o exchange_n beyond_o the_o sea_n and_o reserve_v a_o great_a part_n of_o the_o money_n for_o their_o benefit_n neither_o can_v they_o buy_v foreign_a commodity_n beyond_o the_o sea_n upon_o long_a day_n of_o payment_n and_o transport_v money_n to_o pay_v the_o seller_n at_o the_o say_a time_n all_o this_o be_v do_v by_o maintain_v the_o undervaluation_n of_o our_o money_n by_o a_o low_a exchange_n equity_n the_o rule_n of_o justice_n &_o equity_n which_o must_v be_v distinguish_v from_o the_o true_a rule_n of_o justice_n and_o equity_n which_o require_v a_o equal_a valuation_n in_o exchange_n or_o a_o advantage_n over_o and_o above_o to_o accommodate_v the_o course_n of_o traffic_n and_o then_o it_o will_v be_v find_v that_o the_o underualuation_n of_o money_n in_o exchange_n be_v intolerable_a and_o that_o this_o gain_n procure_v to_o the_o hurt_n of_o the_o kingdom_n although_o profitable_a to_o particular_a merchant_n be_v to_o be_v abolish_v the_o like_a be_v do_v by_o sell_v of_o our_o cloth_n good_a cheap_a beyond_o the_o sea_n in_o great_a quantity_n when_o merchant_n have_v beat_v down_o the_o price_n with_o the_o clothier_n whereby_o the_o clothier_n be_v force_v to_o do_v the_o like_a with_o the_o woolegrower_n which_o disimprove_v the_o revinew_n of_o land_n but_o the_o merchant_n employ_v the_o lesser_a stock_n and_o have_v not_o therefore_o the_o less_o benefit_n the_o woolegrower_n and_o the_o clothier_n bear_v the_o loss_n beside_o other_o private_a deal_n of_o merchant_n which_o be_v error_n of_o trade_n declare_v in_o out_o former_a treatise_n p._n 75_o 76._o the_o three_o distinction_n concern_v the_o whole_a kingdom_n be_v now_o to_o be_v examine_v by_o way_n of_o antithesis_fw-la or_o conterpoint_v show_v how_o gain_n do_v command_v and_o direct_v trade_n in_o the_o say_v three_o simples_n of_o traffic_n namely_o commodity_n money_n and_o exchange_n and_o especial_o in_o the_o exchange_n of_o money_n which_o overrule_v the_o other_o two_o whereby_o the_o overballance_a of_o foreign_a commodity_n with_o our_o native_a commodity_n in_o price_n be_v procure_v and_o this_o may_v be_v avoid_v and_o prevent_v by_o the_o contrary_a if_o it_o be_v put_v in_o practice_n according_a to_o the_o say_a rule_n of_o justice_n and_o equity_n inconvenience_n arise_v to_o the_o realm_n of_o england_n by_o the_o underualuation_n of_o our_o money_n in_o exchange_n upon_o the_o pound_n of_o xx_o shilling_n for_o the_o main_a place_n of_o trade_n first_o when_o our_o
money_n be_v underualued_a in_o exchange_n whereby_o there_o arise_v a_o gain_n between_o the_o inward_a value_n of_o the_o money_n and_o the_o price_n of_o exchange_n then_o be_v our_o money_n continual_o export_v into_o foreign_a part_n for_o the_o like_a gain_n can_v never_o be_v make_v by_o any_o commodity_n 2_o this_o exportation_n of_o money_n cause_v not_o only_o the_o less_o money_n to_o be_v employ_v upon_o our_o native_a commodity_n and_o return_v in_o foreign_a ware_n but_o take_v away_o also_o the_o vital_a spirit_n of_o traffic_n and_o give_v a_o great_a cause_n of_o overballance_v of_o commodity_n 3_o the_o say_a undervaluation_n of_o our_o money_n in_o exchange_n do_v the_o like_a and_o cause_v our_o native_a commodity_n to_o be_v sell_v better_o cheap_a beyond_o the_o sea_n for_o want_v of_o knowledge_n of_o the_o true_a value_n of_o our_o money_n and_o they_o even_o as_o the_o inhaunce_n of_o foreign_a coin_n beyond_o the_o sea_n cause_v the_o foreign_a ware_n to_o be_v advance_v in_o price_n according_a as_o the_o say_a money_n be_v enhance_v whereby_o the_o say_v overballance_v must_v needs_o come_v to_o pass_v of_o course_n 4_o it_o do_v hinder_v the_o importation_n of_o bullion_n and_o dollar_n from_o the_o say_a place_n of_o trade_n which_o we_o have_v have_v in_o time_n past_a for_o the_o say_v inhaunce_v coin_n not_o be_v true_o value_v by_o exchange_n can_v be_v import_v but_o to_o a_o exceed_a loss_n and_o merchant_n stranger_n will_v not_o take_v the_o same_o at_o a_o low_a exchange_n so_o that_o our_o merchant_n be_v compel_v to_o make_v their_o return_n by_o foreign_a commodity_n thereby_o great_o increase_v the_o say_v overballance_v of_o trade_n 5_o young_a english_a merchant_n be_v constrain_v to_o take_v up_o a_o great_a part_n of_o the_o say_a money_n at_o a_o low_a exchange_n to_o maintain_v their_o rechange_n to_o their_o loss_n or_o else_o must_v make_v quick_a sale_n of_o their_o commodity_n whereby_o they_o spoil_v the_o market_n of_o other_o which_o cause_v they_o to_o set_v over_o their_o bill_n obligatory_a receive_v for_o their_o clothes_n sell_v there_o either_o for_o money_n to_o pay_v the_o money_n take_v up_o here_o by_o exchange_n or_o for_o foreign_a commodity_n at_o dear_a rate_n by_o the_o say_v enhance_v money_n and_o otherwise_o which_o can_v but_o breed_v a_o overballance_a of_o commodity_n 6_o the_o say_v low_a exchange_n whereby_o the_o spanish_a merchant_n make_v a_o diversion_n of_o the_o royal_n of_o 8_o unto_o to_o those_o part_n find_v there_o more_o gain_v when_o they_o can_v make_v over_o their_o money_n by_o a_o low_a exchange_n do_v also_o divert_v from_o we_o a_o great_a trade_n by_o such_o employment_n as_o be_v make_v there_o upon_o foreign_a commodity_n as_o bay_n say_v and_o other_o new_a drapery_n make_v in_o those_o part_n which_o may_v be_v employ_v upon_o our_o commodity_n and_o can_v this_o negotiation_n be_v without_o argument_v of_o the_o say_v overballance_v 7_o if_o by_o occasion_n or_o accident_n money_n or_o bullion_n be_v impotted_a which_o may_v be_v carry_v to_o the_o mint_n and_o the_o money_n make_v thereof_o will_v be_v deliver_v by_o exchange_n to_o our_o merchant_n and_o so_o by_o they_o employ_v upon_o our_o commodity_n if_o the_o say_a be_v high_a or_o indiffetent_a it_o fall_v out_o that_o the_o say_v money_n or_o bullion_n be_v export_v again_o by_o other_o merchant_n which_o bring_v in_o foreign_a ware_n for_o it_o for_o gain_v still_o bear_v the_o sway_n thus_o by_o buy_v foreign_a commodity_n as_o it_o be_v by_o forcible_a mean_n of_o course_n by_o reason_n of_o the_o say_a undervaluation_n of_o our_o money_n by_o exchange_n and_o sell_v our_o native_a commodity_n by_o a_o false_a measure_n of_o exchange_n to_o our_o loss_n trade_n the_o cause_n of_o overballance_v and_o decay_n of_o trade_n at_o the_o pleasure_n of_o other_o nation_n and_o by_o convert_n their_o enhanced_a coin_n into_o starlin_n money_n by_o a_o low_a exchange_n and_o the_o continual_a exportation_n of_o our_o money_n afford_v such_o great_a gain_n and_o be_v debar_v to_o bring_v in_o money_n because_o of_o the_o loss_n have_v thereby_o be_v our_o trade_n decay_v and_o will_v be_v so_o although_o there_o be_v no_o more_o ware_n in_o christendom_n for_o these_o be_v the_o cause_n of_o overballance_v whereby_o the_o realm_n be_v impoverish_v which_o shall_v be_v more_o ample_o declare_v sublata_fw-la causa_fw-la t●ll_fw-la itur_fw-la effectus_fw-la now_o albeit_o that_o the_o contrary_a hereof_o do_v produce_v the_o benefit_n to_o the_o commonwealth_n and_o do_v proper_o belong_v to_o the_o remedy_n of_o the_o inconvenience_n of_o trade_n to_o be_v handle_v in_o the_o last_o chapter_n yet_o because_o it_o be_v more_o intelligible_a in_o this_o place_n let_v we_o declare_v the_o same_o benefit_n which_o will_v arise_v to_o the_o realm_n of_o england_n by_o the_o true_a valuation_n of_o our_o money_n in_o exchange_n to_o meet_v with_o the_o say_a inconvenience_n first_o trade_n mean_v to_o prevent_v the_o overballance_a of_o trade_n and_o to_o restore_v trade_n when_o the_o exchange_n do_v answer_v the_o true_a value_n of_o our_o money_n than_o there_o be_v no_o gain_n to_o be_v make_v by_o exportation_n which_o be_v prevent_v thereby_o 2_o the_o transportation_n of_o money_n be_v prevent_v will_v cause_v the_o great_a employment_n to_o be_v make_v upon_o our_o native_a commodity_n either_o by_o the_o merchant_n stranger_n or_o by_o english_a merchant_n to_o who_o the_o stranger_n will_v deliver_v his_o money_n by_o exchange_n for_o by_o the_o exportation_n he_o shall_v have_v no_o gain_n and_o therefore_o he_o will_v expect_v the_o taker_n of_o it_o by_o which_o plenty_n of_o money_n there_o will_v be_v a_o lively_a trade_n and_o the_o cause_n of_o overballance_v will_v diminsh_fw-mi 3_o the_o true_a value_n of_o our_o money_n or_o above_o be_v answer_v by_o a_o high_a exchange_n cause_v merchant_n stranger_n to_o sell_v their_o commodity_n according_a to_o the_o true_a value_n of_o the_o money_n whereby_o the_o overballance_a must_v needs_o decrease_v of_o course_n 4_o the_o undervaluation_n of_o our_o money_n and_o the_o inhaunce_n of_o foreign_a coin_n be_v meet_v withal_o and_o calculate_v in_o exchange_n cause_v money_n and_o bullion_n to_o be_v bring_v into_o the_o realm_n without_o loss_n and_o most_o time_n with_o gain_n and_o sometime_o with_o a_o little_a disadvantage_n because_o our_o merchant_n will_v rather_o than_o to_o buy_v foreign_a commodity_n dear_a have_v their_o money_n ready_a to_o be_v employ_v again_o ●_o this_o do_v also_o meet_v with_o the_o say_v over_o balance_v 5_o young_a english_a merchant_n which_o be_v taker_n of_o money_n beyond_o the_o sea_n will_v receive_v more_o by_o a_o high_a exchange_n there_o and_o find_v plenty_n of_o money_n shall_v not_o be_v drive_v to_o make_v rash_a sale_n or_o barter_n to_o their_o loss_n and_o hindrance_n of_o other_o which_o will_v also_o moderate_v the_o say_v over_o balance_v 6_o when_o the_o spanish_a merchant_n shall_v not_o be_v able_a to_o deliver_v their_o royal_n of_o 8_o or_o the_o money_n receive_v for_o they_o by_o a_o low_a exchange_n beyond_o the_o sea_n but_o according_a to_o the_o true_a value_n require_v by_o a_o just_a and_o lawful_a exchange_n then_o they_o will_v find_v no_o more_o gain_v there_o then_o here_o which_o will_v cause_v they_o to_o import_v the_o say_a royal_n here_o where_o the_o inward_a value_n will_v be_v answer_v unto_o they_o &_o the_o divert_a trade_n by_o these_o mean_n will_v return_v into_o england_n to_o employ_v the_o say_a royal_n or_o the_o money_n make_v thereof_o upon_o our_o bay_n say_v and_o other_o drapery_n which_o of_o course_n will_v qualify_v the_o say_a overballance_v 7_o thus_o money_n and_o bullion_n will_v then_o be_v import_v by_o a_o necessity_n of_o nature_n beyond_o all_o resistance_n and_o the_o dollar_n royal_n of_o 8_o and_o other_o coin_n bring_v in_o upon_o occasion_n or_o accidental_o will_v remain_v within_o the_o realm_n when_o there_o shall_v be_v no_o gain_n by_o the_o exportation_n because_o this_o true_a exchange_n rise_v and_o fall_v nevertheless_o above_o the_o value_n and_o not_o under_o will_v answer_v the_o say_a value_n and_o prevent_v that_o gain_n which_o be_v now_o procure_v in_o danger_n of_o the_o law_n adventure_n of_o the_o sea_n and_o of_o lewd_a person_n so_o that_o by_o compare_v the_o precedent_a benefit_n with_o the_o former_a inconvenience_n comparison_n a_o application_n of_o the_o comparison_n every_o man_n of_o judgement_n may_v easy_o see_v how_o hurtful_a the_o low_a exchange_n and_o underualuation_n of_o our_o money_n be_v to_o the_o commonwealth_n and_o on_o the_o contrary_a how_o beneficial_a the_o true_a valuation_n or_o high_a exchange_n will_v be_v concur_v with_o equity_n and_o true_a policy_n whereupon_o
the_o centre_n of_o the_o circle_n of_o commerce_n be_v ground_v consider_v we_o now_o this_o centre_n gain_n in_o every_o particular_a upon_o the_o premise_n draw_v from_o the_o circumference_n all_o direct_a line_n into_o it_o and_o exclude_v all_o obloquy_n curuey_a and_o helicall_a line_n and_o we_o shall_v find_v that_o nothing_o do_v force_v trade_n but_o gain_n gaine_n have_v upon_o money_n by_o underualuation_n in_o exchange_n and_o inhaunce_v of_o foreign_a coin_n beyond_o the_o sea_n cause_v our_o money_n to_o be_v export_v gaine_n have_v upon_o money_n by_o exchange_n and_o true_a valuation_n cause_v money_n to_o be_v bring_v in_o gain_v upon_o money_n be_v take_v away_o and_o answer_v by_o true_a exchange_n keep_v money_n within_o the_o realm_n gaine_n give_v upon_o money_n import_v here_o equal_a to_o the_o gain_n make_v beyond_o the_o sea_n will_v prevent_v the_o diversion_n of_o the_o royal_n of_o 8._o gain_v more_o make_v by_o our_o money_n then_o by_o our_o commodity_n export_v cause_v less_o employment_n to_o be_v make_v upon_o our_o commodity_n and_o great_a exportation_n gaine_n make_v by_o a_o low_a exchange_n undervalue_v our_o money_n cause_v they_o to_o be_v sell_v less_o beyond_o the_o sea_n and_o foreign_a ware_n dear_a to_o overballance_v us._n gaine_n make_v upon_o our_o native_a commodity_n be_v real_o import_v by_o money_n and_o bullion_n when_o there_o be_v no_o loss_n by_o the_o importation_n of_o money_n gaine_n have_v upon_o foreign_a coin_n within_o the_o realm_n be_v prevent_v by_o the_o value_n in_o exchange_n keep_v the_o coin_n within_o the_o realm_n and_o mint_n gain_v upon_o money_n be_v great_a beyond_o the_o sea_n then_o with_o we_o in_o england_n draw_v money_n thither_o and_o hinder_v money_n to_o be_v import_v the_o want_n whereof_o make_v a_o dead_a trade_n gaine_n have_v by_o exchange_n upon_o young_a merchant_n of_o small_a mean_n spoil_v the_o vent_n of_o our_o commodity_n by_o overthrow_v the_o market_n of_o other_o gaine_n give_v by_o exchange_n of_o money_n by_o bill_n according_a to_o the_o true_a value_n or_o above_o the_o same_o cause_v foreign_a commodity_n to_o be_v sell_v better_o cheap_a within_o the_o realm_n and_o give_v a_o direction_n tacite_fw-la to_o sell_v our_o native_a commodity_n with_o more_o gain_n and_o reputation_n gaine_n procure_v by_o our_o commodity_n outward_o more_o than_o by_o foreign_a commodity_n inward_o which_o mean_v to_o import_v bullion_n and_o money_n to_o be_v do_v by_o this_o true_a valuation_n in_o exchange_n as_o aforesaid_a will_v prevent_v the_o overballance_a of_o trade_n and_o bring_v all_o thing_n in_o tune_n when_o the_o centre_n gain_n find_v rest_n in_o proprio_fw-la loco_fw-la the_o consideration_n hereof_o exclude_v all_o unjust_a unlawful_a and_o private_a gain_n make_v to_o the_o prejudice_n of_o the_o realm_n by_o the_o oversight_n of_o merchant_n which_o seem_v to_o steer_v the_o helm_n when_o palynicrus_fw-la be_v sleepy_a this_o be_v that_o geometrical_a axiom_n or_o maxim_n circulus_fw-la tangit_fw-la planum_fw-la unico_fw-la puncto_fw-la heretofore_o observe_v this_o be_v proper_o the_o scope_n of_o merchant_n 104._o p._n 104._o all_o the_o mystery_n of_o personal_a and_o provincial_a exchange_n be_v comprise_v in_o this_o mystery_n which_o misselden_n will_v make_v to_o be_v no_o mystery_n and_o to_o use_v his_o own_o word_n nevertheless_o all_o the_o knowledge_n of_o commerce_n be_v present_v and_o represent_v in_o this_o history_n all_o the_o river_n of_o trade_n spring_n out_o of_o this_o source_n 142._o p._n 142._o and_o empt_v themselves_o again_o into_o this_o ocean_n all_o the_o weight_n of_o trade_n fall_v to_o this_o centre_n and_o come_v within_o the_o circuit_n of_o this_o circle_n this_o be_v that_o par_fw-fr pro_fw-la pari_fw-la that_o weigh_v down_o misseldens_n balance_n of_o trade_n which_o be_v without_o a_o parallel_n which_o to_o prove_v let_v we_o now_o examine_v what_o be_v present_v and_o represent_v by_o his_o uncertain_a balance_n a_o merchant_n say_v he_o when_o he_o will_v inform_v himself_o how_o his_o estate_n stand_v 130._o p._n 130._o be_v say_v to_o take_v a_o balance_n of_o his_o estate_n wherein_o he_o collect_v and_o consider_v all_o his_o ware_n and_o money_n and_o debt_n as_o if_o he_o will_v cast_v every-thing_n into_o the_o scale_n to_o be_v try_v etc._n etc._n if_o this_o merchant_n shall_v not_o look_v to_o the_o centre_n gain_n in_o the_o mean_a time_n what_o will_v the_o take_n of_o a_o balance_n avail_v he_o or_o to_o what_o end_n and_o purpose_n will_v this_o tend_v sure_o only_a for_o a_o trial_n to_o find_v out_o whether_o he_o have_v gain_v or_o lose_v this_o be_v all_o a_o balance_n can_v do_v and_o although_o a_o merchant_n can_v in_o some_o sort_n do_v this_o it_o follow_v not_o that_o the_o royal_a merchant_n or_o a_o prince_n can_v do_v it_o albeit_o he_o be_v the_o father_n of_o the_o great_a family_n of_o the_o commonwealth_n for_o the_o cause_n of_o trade_n be_v not_o in_o his_o own_o power_n but_o merchant_n do_v manage_v the_o same_o who_o as_o have_v be_v show_v may_v procure_v their_o private_a gain_n and_o yet_o impoverish_v the_o kingdom_n so_o that_o the_o cast_v up_o of_o this_o balance_n 116._o p._n 116._o can_v never_o be_v a_o excellent_a and_o policique_fw-la invention_n to_o show_v we_o the_o difference_n of_o weight_n in_o the_o commerce_n of_o one_o kingdom_n with_o another_o unless_o the_o three_o essential_a part_n of_o trade_n be_v wise_o direct_v and_o observe_v by_o the_o prince_n according_a to_o the_o say_a centre_n of_o commerce_n and_o not_o by_o this_o conceit_a balance_n misselden_n have_v find_v a_o ancient_a worm-eaten_a balance_n upon_o record_n which_o be_v say_v to_o be_v make_v in_o the_o 28_o year_n of_o edward_n the_o three_o might_n very_o well_o have_v over_o past_o the_o same_o see_v the_o imperfection_n thereof_o 30._o p._n 30._o and_o that_o he_o find_v it_o in_o that_o maniscript_n that_o he_o so_o little_a esteem_v from_o which_o as_o he_o say_v i_o have_v store_v myself_o for_o therein_o diverse_a commodity_n of_o the_o kingdom_n as_o lead_v tin_n butter_n cheese_n tallow_n hides_n skin_n iron_n and_o other_o staple_n wares_n be_v not_o mention_v and_o yet_o concern_v the_o say_a balance_n so_o that_o his_o comparison_n between_o those_o ancient_a 123._o p._n 123._o with_o these_o modern_a time_n be_v but_o vain_a and_o a_o superfluous_a tale_n but_o he_o delight_v i●_n word_n for_o want_n of_o matter_n or_o substance_n then_o he_o come_v to_o a_o positive_a constitution_n of_o the_o form_n of_o a_o balance_n in_o the_o year_n of_o our_o lord_n 1612_o and_o 1621._o and_o here_o lie_v the_o pot_n of_o rose_n to_o know_v whether_o the_o native_a commodity_n export_v and_o the_o foreign_a commodity_n import_v do_v balance_n or_o overballance_v one_o another_o in_o the_o scale_n of_o commerce_n 121._o p._n 121._o and_o if_o the_o native_a commodity_n export_v do_v weigh_v down_o and_o exceed_v in_o value_n the_o foreign_a commodity_n import_v 127._o p._n 127._o that_o overplus_n must_v either_o come_v in_o as_o he_o say_v in_o money_n or_o merchandise_n 117._o p._n 117._o if_o not_o in_o money_n then_o in_o merchandise_n sure_o he_o do_v not_o consider_v this_o without_o a_o nightcap_n for_o it_o deserve_v to_o be_v write_v in_o capital_a letter_n money_n will_v not_o be_v import_v so_o long_o as_o there_o be_v a_o loss_n by_o the_o bring_n in_o of_o they_o and_o if_o commodity_n be_v bring_v in_o it_o increase_v the_o say_v overballance_v as_o a_o deceptio_fw-la visus_fw-la upon_o your_o scale_n of_o commerce_n whereby_o you_o can_v discern_v the_o truth_n but_o you_o must_v of_o force_n find_v your_o balance_n false_a visus_fw-la the_o balance_n a_o deceptio_fw-la visus_fw-la and_o your_o judgement_n uncertain_a and_o herein_o be_v no_o more_o hope_n of_o a_o remedy_n than_o there_o be_v to_o overtake_v a_o man_n which_o run_v to_o the_o east_n and_o you_o pursue_v he_o towards_o the_o west_n run_v from_o he_o but_o let_v we_o come_v somewhat_o close_o to_o the_o consideration_n of_o this_o balance_n and_o suppose_v that_o by_o increase_v our_o manufacture_n by_o four_o or_o five_o hundred_o thousand_o pound_n yearly_a more_o to_o be_v export_v this_o balance_n will_v be_v reform_v be_v not_o this_o like_a and_o feasible_a to_o be_v do_v i_o answer_v that_o although_o it_o be_v feasible_a to_o make_v and_o vent_v such_o a_o quantity_n of_o manufacture_n yearly_a yet_o be_v it_o not_o like_a to_o moderate_v the_o overballance_a for_o all_o man_n of_o judgement_n will_v say_v that_o the_o proceed_v or_o return_v of_o the_o say_a manufacture_n will_v come_v unto_o we_o in_o foreign_a commodity_n because_o money_n and_o bullion_n can_v be_v bring_v in_o but_o to_o loss_n as_o the_o case_n stand_v so_o that_o still_o
conclusion_n in_o the_o government_n of_o state-affair_n wherein_o he_o be_v a_o mere_a novice_n but_o my_o intention_n be_v to_o be_v brief_a and_o substantial_a to_o end_v therefore_o this_o matter_n of_o balance_n it_o may_v be_v think_v strange_a that_o some_o man_n will_v be_v seduce_v thereby_o 52._o discourse_v of_o the_o east_n india_n trade_n by_o t._n m._n p._n 49._o 52._o and_o give_v bridle_n to_o the_o present_a course_n of_o trade_n expect_v a_o overballance_n to_o happen_v on_o our_o side_n without_o remove_v of_o the_o cause_n after_o they_o have_v speak_v well_o concern_v exchange_n although_o they_o confess_v to_o be_v a_o ground_n as_o a_o matter_n much_o too_o high_a for_o their_o handle_n say_v that_o the_o abuse_n thereof_o be_v very_o prejudicial_a unto_o this_o kingdom_n in_o particular_a whilst_o in_o the_o interim_n the_o benefit_n do_v arise_v unto_o other_o country_n who_o diligent_o observe_v the_o price_n whereby_o the_o money_n be_v exchange_v may_v take_v advantage_n to_o carry_v away_o the_o gold_n and_o silver_n of_o this_o realm_n at_o those_o time_n when_o the_o rate_n of_o our_o starlin_n money_n in_o exchange_n be_v under_o the_o value_n of_o that_o standard_n unto_o which_o place_n they_o be_v convey_v for_o in_o respect_n the_o price_n of_o the_o exchange_n do_v rise_v and_o fall_v according_a to_o the_o plenty_n and_o scarcity_n of_o money_n which_o be_v to_o be_v take_v up_o or_o deliver_v out_o the_o exchange_n be_v hereby_o rather_o become_v a_o trade_n for_o some_o great_a moneyed_a man_n than_o a_o furtherance_n and_o accommodation_n of_o recall_v trade_n of_o merchant_n as_o it_o ought_v to_o be_v in_o the_o true_a use_n thereof_o and_o thus_o many_o time_n money_n may_v be_v make_v over_o hither_o by_o stranger_n to_o a_o good_a gain_n and_o present_o carry_v beyond_o the_o sea_n to_o a_o second_o profit_n and_o yet_o the_o mischief_n end_v not_o here_o for_o by_o these_o mean_v the_o taker_n up_o of_o money_n in_o foreign_a country_n must_v necessary_o drive_v a_o trade_n to_o those_o place_n from_o whence_o they_o draw_v their_o money_n and_o so_o do_v fill_v we_o up_o with_o foreign_a commodity_n without_o the_o vent_n of_o our_o own_o ware_n etc._n etc._n and_o thus_o we_o see_v how_o the_o overballance_n of_o commodity_n be_v proceed_v from_o the_o abuse_n of_o exchange_n which_o over-rule_v money_n and_o money_n over-rule_v commodity_n as_o heretofore_o be_v manifest_o declare_v that_o the_o underualuation_n of_o our_o money_n in_o exchange_n be_v the_o efficient_a cause_n of_o the_o overballance_a of_o trade_n overballance_a vnderualuation_n of_o our_o money_n inexchange_n be_v the_o efficient_a cause_n of_o the_o overballance_a do_v appear_v upon_o the_o consideration_n of_o the_o cause_n depend_v one_o upon_o another_o enforce_v by_o this_o primum-mobill_a as_o follow_v 1._o the_o underualuation_n of_o our_o money_n in_o exchange_n 2._o proceed_v of_o the_o inhaunce_n of_o money_n beyond_o the_o sea_n which_o cause_v 3._o by_o gain_n the_o transportation_n of_o our_o money_n 4._o and_o debar_v by_o loss_n to_o be_v sustain_v the_o importation_n of_o money_n and_o bullion_n 5._o hinder_v also_o the_o bring_n of_o royal_n of_o 8._o unto_o we_o be_v otherwise_o diver_v 6._o the_o foreign_a commodity_n be_v rise_v in_o price_n according_a to_o the_o money_n enhance_v 7._o the_o native_a commodity_n be_v in_o price_n undervalue_v according_a to_o the_o undervaluation_n of_o our_o money_n all_o which_o be_v fearful_a effect_n for_o the_o treasure_n be_v exhaunce_v the_o realm_n impoverish_v and_o money_n be_v make_v a_o merchandise_n and_o this_o can_v be_v cure_v but_o by_o the_o contrary_a as_o shall_v be_v declare_v in_o the_o remedy_n hitherto_o we_o have_v observe_v and_o manifest_o prove_v first_o that_o exchange_n be_v the_o public_a measure_n between_o england_n and_o all_o place_n where_o we_o deal_v by_o exchange_n second_o that_o the_o money_n of_o the_o realm_n be_v undervalue_v in_o exchange_n between_o we_o and_o other_o country_n and_o three_o that_o gain_n be_v the_o centre_n of_o the_o circle_n of_o commerce_n and_o that_o the_o say_a underualuation_n be_v the_o efficient_a cause_n of_o the_o overballance_a of_o trade_n and_o withal_o we_o have_v show_v that_o 〈◊〉_d conceit_a balance_n of_o trade_n propose_v by_o misselden_n can_v be_v but_o a_o trial_n and_o discovery_n of_o the_o overballance_a of_o trade_n without_o that_o it_o can_v produce_v any_o other_o benefit_n to_o the_o commonwealth_n by_o his_o last_o balance_n we_o may_v perceive_v that_o all_o the_o commodity_n export_v and_o the_o commodity_n import_v yearly_a do_v amount_v unto_o five_o million_o or_o fifty_o hundred_o thousand_o pound_n according_a to_o our_o observation_n in_o the_o canker_n of_o england_n commonwealth_n now_o if_o the_o loss_n by_o exchange_n be_v but_o ten_o upon_o the_o hundred_o which_o we_o have_v prove_v above_o threescore_o and_o ten_o it_o will_v amount_v to_o five_o hundred_o thousand_o pound_n yearly_a 37._o p._n 37._o the_o loss_n whereof_o be_v great_a to_o the_o kingdom_n than_o all_o the_o money_n employ_v to_o the_o east_n indies_n come_v unto_o loss_n a_o incredible_a loss_n which_o misselden_n affirm_v to_o be_v a_o abominable_a untrueth_n which_o i_o can_v but_o retort_v upon_o he_o because_o he_o be_v unfortunate_a to_o find_v out_o the_o truth_n as_o shall_v be_v make_v more_o plain_a in_o the_o follow_a chapter_n for_o he_o be_v in_o league_n with_o equivocation_n in_o all_o his_o refutation_n which_o challenge_v to_o be_v cusen_n german_n to_o truth_n make_v his_o speech_n a_o centaur_n half_o a_o man_n half_o a_o horse_n or_o like_o one_o of_o the_o brood_n of_o nilus_n half_a earth_n half_a frog_n a_o thing_n both_o shapeless_a and_o shape_v in_o one_o mixture_n which_o it_o thus_o distinguish_v by_o the_o equinoctial_a in_o this_o place_n chap._n four_o a_o examination_n of_o the_o centre_n of_o commerce_n in_o the_o trade_n from_o england_n into_o other_o country_n the_o tropic_n of_o capricorn_n be_v the_o four_o zone_n or_o girdle_n by_o our_o distribution_n be_v to_o underprop_v and_o sustain_v by_o the_o gain_n of_o trade_n the_o say_a centre_n or_o gain_n within_o the_o circumference_n of_o the_o circle_n of_o commerce_n not_o by_o a_o absolute_a power_n to_o be_v leave_v unto_o merchant_n in_o the_o manage_n of_o trade_n or_o in_o the_o dispose_n of_o money_n commodity_n and_o exchange_n for_o money_n but_o by_o a_o direction_n ground_v upon_o law_n ordinance_n and_o proclamation_n for_o in_o regard_n of_o state_n affair_n merchant_n be_v ignorant_a in_o the_o course_n of_o traffic_n for_o asmuch_o as_o they_o do_v only_o study_v for_o private_a benefit_n so_o that_o they_o must_v have_v leader_n and_o conductor_n whereunto_o buck_n and_o goat_n have_v be_v compare_v in_o time_n past_a lead_v the_o silly_a sheep_n to_o feed_v in_o mountainous_a place_n to_o prove_v therefore_o that_o this_o be_v no_o new_a doctrine_n or_o invention_n of_o i_o as_o misselden_n allege_v let_v we_o enter_v into_o consideration_n of_o the_o follow_a observation_n before_o our_o intend_a examination_n of_o the_o centre_n of_o commerce_n in_o foreign_a trade●_n it_o be_v near_o 350._o year_n since_o king_n edward_n the_o first_o do_v erect_v the_o office_n of_o the_o king_n royal_a exchanger_n exchange_n ancient_a office_n of_o exchange_n which_o do_v continue_v successive_o by_o 16_o several_a letter_n patent_n of_o the_o king_n of_o this_o realm_n by_o mean_n whereof_o the_o money_n be_v preserve_v within_o the_o same_o and_o the_o commodity_n be_v orderly_o vent_v &_o the_o merchandise_v exchange_n be_v then_o unknown_a king_n edward_n the_o three_o do_v constitute_v diverse_a exchange_n 7._o 9_o e._n 3._o 7._o in_o sundry_a place_n of_o the_o realm_n and_o cause_v table_n of_o exchange_n to_o be_v set_v up_o at_o donor_n and_o elsewhere_o to_o answer_v the_o value_n of_o our_o money_n in_o the_o coin_n to_o be_v pay_v for_o it_o beyond_o the_o sea_n according_a to_o the_o very_a value_n with_o some_o allowance_n to_o be_v give_v to_o accommodate_v merchant_n affair_n and_o traveller_n occasion_n the_o like_a be_v do_v by_o richard_n the_o second_o 2._o 5._o r._n 2._o 2._o and_o this_o be_v the_o true_a par_fw-fr pro_fw-la pari_fw-la 6._o 2._o h._n 6._o 6._o then_o use_v and_o continue_v by_o henry_n the_o sixth_o and_o edward_n the_o four_o 16._o 4._o e._n 4._o 16._o but_o more_o especial_o by_o that_o wise_a and_o politic_a prince_n 6._o 2._o h._n 6._o 6._o king_n henry_n the_o seven_o 6._o 3._o h._n 7._o 6._o absolute_o forbid_v the_o make_n of_o exchange_n and_o rechange_n for_o foreign_a part_n without_o the_o king_n especial_a licence_n have_v and_o obtain_v for_o the_o same_o to_o which_o end_n all_o the_o several_a act_n of_o parliament_n touch_v the_o direct_n and_o order_v of_o
the_o realm_n &_o other_o be_v vent_v in_o france_n in_o great_a quantity_n france_n trade_n for_o france_n and_o by_o deliver_v one_o three_o part_n in_o ready_a money_n and_o two_o three_o in_o cloth_n kersey_n stocking_n and_o other_o native_a commodity_n our_o merchant_n make_v their_o employment_n in_o wine_n which_o be_v now_o do_v with_o ready_a money_n wherein_o the_o exchange_n be_v to_o be_v consider_v in_o a_o contrary_a course_n upon_o their_o french_a crown_n but_o i_o will_v omit_v to_o handle_v the_o same_o to_o avoid_v intricatenesse_n have_v declare_v the_o same_o in_o lex_fw-la mercatoria_fw-la the_o trade_n for_o eastland_n and_o those_o part_n eastland_n trade_n for_o eastland_n want_v a_o centre_n for_o merchant_n can_v hardly_o make_v return_n in_o any_o commodity_n for_o their_o cloth_n and_o upon_o money_n enhance_v without_o the_o reformation_n of_o exchange_n they_o be_v great_a loser_n the_o barbary_n trade_n bring_v we_o some_o gold_n barbary_n trade_n for_o barbary_n but_o our_o cloth_n be_v there_o sell_v with_o so_o small_a profit_n that_o it_o can_v quit_v charge_n and_o adventure_n nay_o it_o be_v come_v to_o that_o pass_n that_o other_o nation_n can_v maintain_v these_o trade_n for_o russia_n eastland_n and_o barbary_n with_o our_o native_a commodity_n better_a than_o we_o do_v misselden_n pass_v over_o all_o these_o serious_a consideration_n repli_v that_o malynes_n have_v run_v himself_o out_o of_o breath_n and_o overrun_v monopolium_n with_o tell_v tale_n show_v to_o be_v one_o of_o this_o climate_n of_o capricorn_n for_o man_n of_o his_o humour_n be_v call_v by_o the_o italian_a 〈◊〉_d i_o shall_v therefore_o conclude_v this_o encounter_n and_o remember_v 1_o aristotle_n oemund_n cap._n 1_o that_o they_o that_o come_v to_o athens_n the_o first_o year_n be_v wise_a man_n the_o second_o year_n philosopher_n that_o be_v lover_n of_o wisdom_n the_o three_o year_n rhetorieians_n that_o be_v mere_a babbler_n the_o meaning_n be_v first_o they_o deem_v themselves_o to_o be_v wise_a cast_v up_o moutaine_n to_o heaven_n like_o the_o son_n of_o aeolus_n after_o feeling_n themselves_o puff_v with_o a_o tympany_n of_o pride_n 11._o metamor_n 11._o they_o desire_v that_o to_o be_v in_o themselves_o which_o they_o admire_v in_o other_o last_o see_v the_o more_o they_o stray_v the_o less_o they_o can_v go_v back_o they_o find_v a_o harvest_n of_o wild_a corn_n be_v leave_v they_o and_o that_o be_v between_o athens_n and_o thebes_n 68_o p._n 68_o where_o i_o leave_v misselden_n with_o his_o hound_n about_o one_o year_n since_o which_o have_v lo●t_v their_o scent_n not_o know_v whether_o the_o deer_n be_v go_v east_n west_n north_n or_o south_n for_o a_o wild_a goose_n chase_n be_v fit_v for_o he_o that_o have_v lose_v his_o game_n and_o for_o his_o verse_n i_o refer_v he_o to_o tailor_n the_o waterman_n to_o rhyme_v with_o he_o who_o can_v furnish_v he_o with_o a_o pair_n of_o oar_n to_o transport_v he_o with_o his_o hebrew_a &_o greek_a which_o he_o have_v learn_v at_o the_o great_a south_n door_n near_o christ_n church_n in_o london_n together_o with_o his_o parrot_n and_o bull_n into_o the_o island_n of_o antisera_n or_o psittacorum_n regio_n to_o have_v his_o brain_n purge_v with_o helibon_n and_o to_o read_v there_o historia_n ventorum_fw-la chap._n v._n the_o mean_n to_o balance_v the_o trade_n of_o england_n by_o the_o say_a centre_n or_o the_o remedy_n against_o the_o cause_n of_o the_o decay_n thereof_o from_o the_o tropic_n of_o capricorn_n we_o be_v come_v to_o the_o antarctic_a circle_n in_o the_o south_n to_o make_v a_o perfect_a orb_n to_o keep_v misselden_n and_o his_o balance_n enclose_v within_o his_o own_o circle_n for_o in_o this_o region_n the_o transparent_a and_o splendent_a beam_n of_o the_o sun_n of_o truth_n do_v dispel_v all_o foggy_a mystery_n of_o deceitful_a fallacy_n insomuch_o that_o man_n of_o mean_a capacity_n and_o understanding_n may_v very_o well_o demand_v a_o reason_n wherefore_o we_o do_v not_o prevent_v by_o contrary_n the_o know_a spring_n of_o this_o disease_n whereby_o the_o body_n of_o the_o commonwealth_n be_v so_o much_o distemper_v for_o res_fw-la ipsaloquitur_fw-la that_o gain_v the_o centre_n of_o commerce_n be_v exclude_v by_o error_n of_o trade_n because_o no_o money_n or_o bullion_n can_v be_v import_v but_o to_o loss_n neither_o can_v any_o money_n be_v keep_v within_o the_o realm_n by_o reason_n of_o the_o great_a gain_n have_v upon_o money_n by_o exportation_n so_o that_o return_v being_n make_v continual_o of_o our_o native_a commodity_n by_o foreign_a commodity_n nothing_o can_v be_v expect_v but_o a_o increase_n of_o the_o overballance_a of_o our_o trade_n in_o nature_n before_o allege_a but_o some_o supporter_n of_o the_o conceit_a balance_n of_o trade_n will_v say_v that_o time_n by_o the_o increase_n of_o trade_n will_v turn_v the_o tide_n and_o bring_v all_o thing_n in_o tune_n again_o by_o a_o necessity_n of_o nature_n beyond_o all_o resistance_n when_o the_o sale_n of_o our_o native_a commodity_n in_o foreign_a part_n shall_v surmount_v the_o value_n of_o the_o commodity_n import_v unto_o us._n be_v not_o this_o in_o substance_n the_o hunt_n of_o our_o own_o shadow_n suffer_v other_o nation_n to_o use_v all_o mean_n for_o their_o benefit_n and_o we_o shall_v amend_v all_o thing_n when_o we_o come_v to_o rome_n and_o we_o never_o dispose_v ourselves_o to_o undertake_v the_o voyage_n to_o go_v thither_o neither_o be_v the_o cause_n with_o we_o alike_o with_o foreign_a nation_n whereby_o we_o may_v expect_v the_o like_a effect_n for_o cause_n effect_n can_v be_v without_o cause_n we_o do_v not_o enhance_v our_o money_n as_o they_o do_v all_o foreign_a coin_n and_o their_o own_o neither_o do_v we_o overvalue_n our_o money_n by_o exchange_n unto_o they_o as_o the_o low_a country_n and_o east-land_n do_v unto_o we_o breed_v exportation_n and_o hindrance_n of_o importation_n of_o money_n as_o have_v be_v ample_o declare_v we_o do_v not_o sell_v our_o native_a commodity_n according_a to_o money_n enhance_v as_o they_o do_v they_o but_o at_o a_o under_o value_n according_a as_o our_o money_n be_v calculate_v in_o exchange_n to_o our_o loss_n and_o their_o benefit_n we_o do_v not_o deliver_v money_n at_o interest_n beyond_o the_o sea_n as_o the_o merchant_n stranger_n do_v here_o at_o 10_o pro_fw-la cento_fw-la which_o be_v there_o at_o 5_o and_o 6_o upon_o the_o hundred_o to_o be_v have_v neither_o do_v they_o pay_v 15_o and_o 20_o upon_o the_o hundred_o by_o exchange_n as_o we_o do_v we_o do_v not_o procure_v by_o gain_n or_o pollic●e_v the_o importation_n of_o bullion_n or_o royal_n of_o 8_o as_o they_o do_v by_o inhaunce_v all_o money_n and_o divert_v the_o say_a royal_n and_o dollar_n from_o we_o to_o be_v bring_v in_o as_o in_o time_n past_a we_o do_v not_o procure_v plenty_n of_o money_n to_o make_v a_o lively_a trade_n as_o they_o do_v by_o the_o two_o real_a mean_n of_o importation_n and_o toleration_n of_o exportation_n as_o also_o by_o the_o two_o politic_a mean_n of_o transfer_a 〈◊〉_d of_o debt_n between_o man_n and_o man_n and_o the_o payment_n by_o assignation_n we_o do_v not_o prevent_v that_o the_o trade_n of_o bay_n say_v and_o new_a drapery_n shall_v not_o be_v carry_v from_o we_o by_o divert_v the_o royal_a or_o 8_o from_o we_o nor_o that_o other_o nation_n shall_v drive_v a_o trade_n with_o our_o cloth_n and_o other_o commodity_n for_o barbary_n russia_n eastland_n and_o other_o country_n for_o be_v deprive_v of_o our_o own_o money_n and_o of_o the_o say_v royal_n we_o do_v loose_v the_o trade_n also_o we_o can_v make_v return_n for_o our_o native_a commodity_n by_o the_o three_o ordinary_a mean_n consequence_n a_o matter_n of_o great_a consequence_n either_o by_o money_n or_o by_o exchange_n or_o by_o commodity_n at_o our_o choice_n and_o best_a advantage_n as_o they_o do_v but_o be_v compel_v of_o course_n to_o buy_v foreign_a commodity_n at_o dear_a rate_n by_o a_o disorder_a trade_n how_o be_v it_o possible_a then_o that_o we_o shall_v expect_v any_o such_o imaginary_a overbalancing_a of_o trade_n to_o happen_v on_o our_o side_n when_o we_o have_v not_o the_o like_a cause_n to_o produce_v the_o like_a effect_n other_o be_v of_o opinion_n that_o some_o moderation_n may_v be_v procure_v herein_o by_o make_v the_o spanish_a royal_n of_o 8_o currant_n within_o the_o realm_n at_o 4_o s._n 7_o do_v or_o 8_o d_o that_o be_v to_o say_v above_o the_o value_n but_o they_o do_v not_o consider_v effectual_o of_o the_o inconvenience_n which_o will_v ensue_v as_o follw_v first_o it_o will_v be_v the_o utter_a overthrow_n of_o his_o majesty_n mint_n and_o undo_n of_o the_o poor_a moneyer_n aswell_o for_o the_o coin_n of_o gold_n as_o of_o silver_n for_o gold_n will_v not_o be_v bring_v so_o
frequent_o when_o silver_n be_v advance_v by_o alter_v the_o proportion_n and_o reduce_v the_o same_o to_o 12_o to_o one_o or_o thereabouts_o second_o the_o foreign_a coin_n will_v be_v advance_v by_o these_o mean_n 7_o upon_o the_o hundred_o above_o our_o starlin_n money_n and_o thereby_o increase_v the_o exportation_n of_o the_o say_v royal_n three_o the_o king_n will_v loose_v his_o coinage_n money_n be_v above_o 2_o d._n upon_o a_o ounce_n and_o the_o melt_a down_o of_o his_o money_n and_o efface_v of_o his_o stamp_n be_v a_o great_a derogation_n of_o his_o prerogation_n royal_a it_o be_v a_o mark_n of_o sovereignty_n four_o the_o inhaunce_n of_o the_o say_v royal_n will_v alter_v the_o price_n of_o plare_fw-la as_o also_o of_o other_o commodity_n within_o the_o realm_n which_o be_v a_o matter_n much_o respect_v hitherto_o five_o when_o money_n be_v enhance_v beyond_o the_o sea_n the_o price_n of_o exchange_n do_v also_o enhance_v in_o some_o measure_n but_o when_o money_n be_v enhance_v here_o the_o exchange_n abate_v which_o cause_v the_o exportation_n of_o our_o money_n to_o increase_v as_o for_o example_n exchange_n the_o propery_n of_o true_a exchange_n if_o to_o make_v silver_n equivalent_a to_o gold_n of_o 12_o to_o one_o the_o ounce_n shall_v be_v value_v at_o 5_o s._n 6_o do_v whereby_o it_o will_v be_v enhance_v ten_o pro_fw-la cento_fw-la shall_v be_v though_o convenient_a it_o will_v make_v the_o price_n of_o exchange_n to_o fall_v 10_o pro_fw-la cento_fw-la or_o more_o which_o for_o the_o low_a country_n will_v fall_v to_o 30_o s._n and_o under_o and_o so_o it_o will_v be_v still_o transport_v and_o the_o make_n of_o foreign_a coin_n currant_n within_o the_o realm_n above_o the_o value_n of_o we_o be_v not_o use_v upon_o any_o good_a order_n as_o we_o have_v note_v by_o the_o archdutchesse_n of_o austria_n to_o come_v therefore_o to_o the_o true_a remedy_n we_o be_v to_o consider_v the_o true_a cause_n of_o their_o operation_n to_o which_o end_n we_o have_v declare_v in_o the_o equin_n octiall_a the_o loss_n which_o the_o realm_n sustain_v by_o a_o low_a exchange_n or_o the_o undervaluation_n of_o our_o money_n as_o also_o the_o benefit_n which_o will_v arise_v by_o the_o high_a exchange_n as_o mere_o opposite_a unto_o it_o so_o that_o we_o may_v conclude_v certain_o overballance_a cause_n to_o prevent_v the_o overballance_a è_fw-la conuerso_fw-la i_o that_o when_o the_o exchange_n shall_v be_v rectify_v and_o our_o money_n be_v true_o value_v in_o exchange_n 2_o according_a to_o the_o inhaunce_n of_o money_n beyond_o the_o sea_n 3_o then_o will_v the_o transportation_n of_o money_n cease_v 4_o and_o the_o more_o native_a commodity_n will_v be_v export_v and_o consequent_o the_o loss_n of_o that_o inhaunce_a be_v prevent_v 5_o will_v cause_v bullion_n and_o money_n to_o be_v import_v 6_o and_o the_o less_o foreign_a commodity_n to_o be_v bring_v in_o 7_o the_o royal_a of_o spain_n will_v not_o be_v divert_v nor_o the_o trade_n depend_v thereupon_o 8_o which_o will_v procure_v plenty_n of_o money_n 9_o to_o advance_v the_o price_n of_o our_o commodity_n 10_o and_o abate_v the_o price_n of_o the_o foreign_a commodity_n thereby_o effectual_o prevent_v the_o aforesaid_a overballance_v this_o be_v to_o be_v do_v only_o by_o his_o majesty_n proclamation_n wealth_n the_o way_n to_o restore_v england_n wealth_n according_a to_o the_o aforesaid_a statute_n and_o proclamation_n of_o exchange_n prohibit_v that_o after_o 3_o month_n next_o and_o ensue_a the_o same_o no_o man_n shall_v make_v any_o exchange_n by_o bill_n or_o otherwise_o for_o money_n to_o be_v pay_v in_o foreign_a part_n or_o to_o be_v rechange_v towards_o this_o realm_n under_o the_o true_a par_fw-fr or_o value_n for_o value_n of_o our_o money_n and_o the_o money_n of_o other_o country_n in_o weight_n and_o finesse_n but_o at_o the_o say_a rate_n or_o above_o the_o same_o as_o merchant_n can_v agree_v but_o never_o under_o the_o same_o which_o shall_v be_v declare_v by_o a_o pair_n of_o table_n upon_o the_o royal_a exchange_n in_o london_n with_o such_o caution_n and_o observation_n as_o former_o have_v be_v note_v whereunto_o i_o must_v refer_v myself_o to_o be_v see_v at_o large_a in_o lex_fw-la mercatoria_fw-la for_o the_o better_a understanding_n hereof_o and_o to_o show_v that_o the_o like_a have_v be_v former_o do_v but_o therein_o only_a direction_n be_v want_v hitherto_o i_o have_v think_v convenient_a to_o put_v down_o the_o same_o verbatim_o as_o follow_v a_o proclamation_n for_o the_o order_n of_o the_o exchange_n of_o money_n use_v by_o merchant_n eliz._n queen_n eliz._n according_a to_o the_o 〈◊〉_d and_o statutas_fw-la of_o the_o realm_n forasmuch_o as_o there_o be_v so_o great_a abuse_n of_o 〈◊〉_d year_n grow_v by_o the_o corrupt_a deal_n of_o sundry_a merchant_n and_o broker_n as_o well_o stranger_n 〈◊〉_d upon_o bargain_n of_o exchange_n and_o rechange_v of_o money_n to_o be_v pay_v both_o out_o &_o within_o this_o realm_n as_o not_o only_o the_o good_a laudable_a and_o profitable_a use_n of_o natural_a merchandise_v be_v great_o decay_v the_o true_a value_n of_o the_o money_n of_o this_o realm_n much_o abase_v and_o her_o majesty_n custom_n and_o subsedy_n that_o be_v the_o ancient_a inheritance_n of_o this_o crown_n diminish_v and_o withdraw_v with_o sundry_a of_o 〈◊〉_d inconvenience_n to_o the_o notable_a damage_n of_o 〈◊〉_d realm_n for_o the_o due_a remedy_n whereof_o there_o 〈◊〉_d be_v make_v heretofore_o sundry_a good_a law_n and_o statute_n of_o this_o realm_n which_o do_v still_o continue●●_n their_o force_n the_o queen_n majesty_n intend_v 〈◊〉_d have_v such_o great_a enormity_n and_o mischief_n 〈◊〉_d do_v give_v all_o manner_n of_o merchant_n break_a &_o all_o other_o person_n use_v to_o bargain_n by_o exchange_n and_o rechange_v to_o understand_v that_o her_o meaning_n 〈◊〉_d have_v such_o law_n and_o statute_n put_v in_o execution_n have_v be_v provide_v and_o do_v remain_v in_o force_n for_o this_o purpose_n and_o therefore_o warn_v all_o manner_n of_o person_n to_o have_v hereafter_o due_a regard_n thereunto_o 〈◊〉_d on_o such_o penalty_n as_o in_o the_o say_v law_n stature_n 〈◊〉_d other_o ordinance_n remane_v in_o their_o force_n be_v provide_v and_o for_o the_o lawful_a satisfaction_n of_o all_o such_o as_o shall_v have_v necessary_a cause_n to_o take_v or_o deliver_v any_o money_n by_o exchange_n there_o shall_v be_v certain_a order_n in_o 〈◊〉_d set_v up_o in_o place_n convenient_a declare_v the_o rate_n thereof_o as_o the_o same_o shall_v or_o aught_o to_o be_v pay_v to_o the_o use_n of_o her_o majesty_n or_o to_o her_o minister_n and_o officer_n thereunto_o authorize_v give_v at_o green-wich_a the_o 20_o of_o september_n 1576_o in_o the_o eighteen_o year_n of_o the_o prosperous_a reign_n of_o the_o queen_n majesty_n the_o noble_a and_o renown_a the_o baron_n of_o elsmere_n lord_n chancellor_n of_o england_n decease_v unto_o who_o i_o owe_v perpetual_a 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to_o comfort_v the_o heart_n of_o our_o native_a commodity_n be_v put_v in_o oblivion_n tobacco_n be_v import_v in_o the_o lieu_n of_o spanish_a royal_n and_o pistolet_n which_o cause_v the_o prize_n the_o hammer_n of_o the_o mint_n to_o be_v weak_a and_o faint_a the_o urine_n they_o find_v to_o be_v of_o a_o clear_a greenish_a colour_n proceed_v from_o weakne●_n and_o the_o use_n of_o too_o much_o white_a wine_n sophisticated_a into_o claret_n the_o leg_n full_a of_o dropsicke_a humour_n of_o consumption_n by_o the_o immoderate_a wear_n of_o velvet_n silk_n cambric_n and_o lawn_n engender_v a_o overballance_a or_o surfeit_n of_o foreign_a commodity_n so_o that_o the_o vital_a spirit_n of_o bullion_n and_o mon_o do_v languish_v with_o a_o continual_a flux_n of_o exportation_n consider_v the_o internal_a part_n they_o find_v the_o liver_n money_n obstruct_v and_o the_o condinct_a pipe_n of_o bullion_n and_o money_n for_o importation_n stop_v whereby_o the_o hepaty_n can_v not_o 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go_v fast_v conceive_v he_o shall_v go_v the_o light_a but_o faint_v by_o the_o way_n cry_v out_o aora_n hallo_o que_fw-fr las_fw-fr tripas_n ile●●anel_n vientre_n y_fw-mi no_o el_fw-es vientpe_fw-mi las_fw-fr tripas_n now_o do_v i_o find_v that_o the_o gut_n do_v carry_v the_o belly_n &_o not_o the_o belly_n the_o whereupon_o he_o use_v afterward_o meat_n and_o 〈◊〉_d for_o his_o sustenance_n upon_o the_o like_a occasion_n and_o find_v on_o the_o contrary_a that_o the_o abuse_n thereof_o do_v 〈…〉_o surfeit_n in_o the_o body_n natural_a even_o as_o the_o abuse_n of_o money_n and_o exchange_n do_v in_o the_o body_n of_o traffic_n whereunto_o physic_n must_v be_v minister_v upon_o necessity_n according_a to_o the_o disease_n another_o practitioner_n in_o physic_n be_v of_o opinion_n that_o the_o flux_n of_o exportation_n shall_v be_v divert_v and_o stop_v by_o open_v the_o meridian_n vein_n suffer_v money_n to_o be_v export_v at_o the_o pleasure_n of_o merchant_n but_o upon_o better_a consideration_n of_o the_o weakness_n of_o the_o body_n through_o the_o former_a profusion_n of_o blood_n he_o do_v alter_v the_o say_a opinion_n observe_v that_o art_n give_v no_o facility_n when_o nature_n want_v ability_n for_o to_o increase_v manufacture_n and_o fish_n thereby_o to_o cu●●_n the_o say_a surfeit_n or_o overballance_v whereupon_o the_o learned_a physician_n of_o experience_n have_v examine_v the_o cause_n of_o the_o disease_n of_o this_o body_n do_v resolve_v to_o apply_v and_o use_v proper_a remedy_n first_o that_o the_o continual_a flux_n of_o exportation_n of_o our_o money_n must_v be_v stop_v by_o take_v away_o the_o cause_n thereof_o which_o be_v gain_n have_v upon_o money_n proceed_v of_o the_o undervaluation_n of_o our_o money_n in_o exchange_n and_o the_o inhaunce_n of_o money_n beyond_o the_o sea_n next_o that_o the_o obstruction_n of_o the_o liver_n money_n and_o the_o conduct_n pipe_n of_o spanish_a royal_n and_o german_a dollar_n must_v be_v open_v by_o the_o mean_n of_o the_o brain_n exchange_n to_o minister_v good_a blood_n and_o spirit_n to_o the_o heart_n of_o our_o native_a commodity_n to_o make_v a_o lively_a trade_n whereby_o bullion_n bring_v to_o the_o mint_n will_v cause_v the_o hammer_n as_o the_o 〈◊〉_d of_o the_o body_n of_o trade_n to_o beat_v with_o temperate_a stroke_n by_o mean_n whereof_o the_o distemperature_n of_o the_o brain_n exchange_n will_v be_v qualify_v the_o bitterness_n of_o the_o gaul_n shall_v provoke_v appetite_n when_o custom_n and_o imposition_n shall_v be_v moderate_v in_o the_o rate_n without_o diminution_n of_o substance_n the_o sin●wes_n of_o the_o necessary_a ancient_a statute_n and_o proclamation_n for_o the_o government_n of_o trade_n will_v be_v corroborate_v the_o eye_n sight_n will_v be_v illuminate_v when_o the_o over_o much_o smoke_n of_o tobacco_n be_v vanish_v away_o and_o the_o complexion_n will_v be_v lively_a when_o merchant_n shall_v be_v encourage_v we_o shall_v not_o need_v to_o use_v mechoacan_n or_o indian_a root_n against_o the_o dropsy_n or_o prohibition_n against_o the_o overmuch_o importation_n of_o foreign_a commodity_n in_o the_o wear_n of_o they_o which_o will_v enforce_v the_o like_a use_n in_o other_o country_n for_o the_o humour_n of_o the_o leg_n will_v be_v evacuate_v and_o the_o convulsion_n of_o the_o face_n by_o our_o native_a commodity_n true_o make_v and_o vent_v will_v be_v extenuate_v for_o plenty_n of_o money_n shall_v advance_v the_o quantity_n and_o price_n of_o they_o and_o abate_v the_o price_n of_o foreign_a commodity_n whereby_o the_o surfeit_n or_o overballance_v will_v be_v reme_v if_o we_o preserve_v the_o good_a blood_n in_o the_o body_n by_o the_o wisdom_n of_o the_o brain_n exchange_n where_o the_o seat_n of_o judgement_n be_v place_v to_o increase_v the_o same_o for_o the_o comfort_n of_o the_o heart_n our_o native_a commodity_n which_o shall_v receive_v thereby_o his_o tintered_a chylus_n by_o his_o own_o mouth_n and_o stomach_n and_o the_o blood_n full_a of_o spirit_n shall_v fill_v all_o the_o vein_n and_o strengthen_v the_o sinew_n by_o supply_v the_o want_n of_o money_n the_o easy_a course_n and_o recourse_n of_o who_o exchange_n find_v rest_n by_o the_o basis_n of_o true_a valuation_n shall_v supple_a the_o joint_n and_o settle_v the_o blood_n to_o serve_v all_o man_n turn_n whereby_o the_o say_v shake_v of_o the_o body_n will_v cease_v the_o colour_n of_o the_o urine_n will_v be_v rectify_v the_o too_o much_o use_v of_o white_a wine_n shall_v not_o be_v so_o much_o offensive_a but_o in_o some_o measure_n rejoice_v the_o heart_n and_o take_v away_o the_o melancholic_a disease_n of_o the_o mind_n which_o common_o procure_v the_o disease_n of_o the_o body_n final_o the_o body_n will_v be_v cure_v of_o the_o say_a consumption_n and_o grow_v fat_a again_o by_o a_o true_a and_o lawful_a replection_n of_o the_o general_a good_a of_o the_o king_n and_o commonwealth_n through_o god_n blessing_n if_o this_o allegory_n be_v true_o consider_v we_o shall_v find_v that_o therein_o be_v a_o lively_a expression_n of_o the_o disease_n of_o the_o politic_a body_n of_o trade_n and_o if_o a_o natural_a body_n have_v all_o the_o say_a disease_n there_o be_v no_o other_o remedy_n nor_o way_n to_o to_o cure_v the_o same_o but_o after_o the_o manner_n here_o declare_v as_o the_o learned_a physician_n of_o experience_n will_v confess_v for_o the_o reason_n be_v plain_a and_o evident_a and_o without_o physic_n it_o be_v impossible_a to_o cure_v it_o will_v any_o man_n of_o judgement_n think_v that_o the_o flux_n will_v be_v stop_v of_o course_n by_o the_o strength_n of_o nature_n so_o long_o as_o we_o minister_v such_o thing_n which_o of_o themselves_o be_v laxitive_a or_o shall_v we_o expect_v that_o the_o vein_n will_v be_v fill_v with_o blood_n when_o the_o hepaty_n want_v their_o operation_n or_o if_o blood_n do_v increase_v shall_v the_o body_n receive_v nutriment_n so_o long_o as_o there_o be_v a_o profusion_n of_o blood_n or_o shall_v the_o heart_n be_v comfort_v with_o the_o lively_a spirit_n of_o the_o blood_n shall_v the_o brain_n receive_v rest_n unless_o she_o do_v find_v mean_n to_o strengthen_v the_o heart_n and_o that_o the_o liver_n the_o heart_n and_o the_o 〈◊〉_d may_v all_o in_o one_o sympathy_n perform_v their_o function_n the_o stomach_n can_v digest_v every_o thing_n provoke_v a_o surfeit_n the_o gaul_n by_o her_o overstow_n hinder_v appetite_n which_o bring_v a_o distemperature_n to_o the_o whole_a body_n and_o fill_v the_o same_o with_o crude_a humour_n engender_v dropsy_n and_o other_o disease_n which_o at_o last_o turn_n into_o a_o consumption_n the_o brain_n want_v sleep_v for_o the_o spirit_n be_v fatigate_v and_o trouble_v to_o make_v application_n hereof_o to_o the_o body_n politic_a of_o trade_n we_o know_v that_o even_o as_o in_o natural_a body_n the_o heart_n which_o be_v the_o centre_n of_o the_o body_n receive_v life_n
first_o and_o retain_v the_o same_o last_o so_o commodity_n in_o traffic_n be_v first_o and_o money_n come_v afterward_o whereby_o commutation_n or_o barter_n be_v bring_v into_o a_o trade_n and_o to_o preserve_v that_o money_n as_o the_o blood_n in_o the_o body_n exchange_n be_v devise_v as_o a_o spirit_n to_o quicken_v the_o same_o and_o shall_v it_o be_v use_v to_o destroy_v the_o body_n because_o the_o true_a use_n of_o it_o be_v not_o understand_v and_o the_o same_o be_v make_v a_o merchandise_n shall_v we_o imagine_v that_o the_o exportation_n of_o our_o money_n shall_v be_v prevent_v when_o by_o take_v enhanced_a coin_n beyond_o the_o sea_n above_o the_o true_a value_n in_o exchange_n we_o feed_v the_o cause_n of_o exportation_n or_o shall_v we_o expect_v that_o money_n shall_v be_v import_v unto_o we_o when_o there_o be_v a_o loss_n by_o the_o bring_n of_o they_o which_o loss_n be_v measure_v according_a to_o the_o price_n of_o exchange_n which_o to_o avoid_v compel_v we_o to_o 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custom_n and_o imposition_n which_o may_v be_v moderate_v in_o the_o rate_n and_o yet_o not_o decrease_v in_o value_n by_o the_o great_a employment_n of_o trade_n do_v discourage_v merchant_n which_o bring_v a_o distemperature_n in_o trade_n foreign_a ware_n be_v overaboundant_o bring_v in_o in_o the_o lieu_n of_o money_n whereby_o the_o realm_n do_v swell_v with_o foreign_a commodity_n which_o be_v retransport_v bring_v still_o other_o ware_n in_o return_n so_o that_o money_n and_o bullion_n the_o vital_a spirit_n of_o trade_n be_v neglect_v which_o be_v proper_o the_o decay_n of_o trade_n for_o the_o exchange_n which_o rule_v commodity_n and_o money_n be_v overrule_v by_o other_o nation_n let_v we_o therefore_o practice_v the_o contrary_a to_o find_v a_o full_a remedy_n for_o contraria_fw-la contrarijs_fw-la curantur_fw-la the_o turk_n russian_a the_o policy_n of_o the_o turk_n persian_n and_o russian_a the_o persian_a and_o the_o russian_n do_v exceed_v in_o policy_n prevent_v the_o 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become_v a_o loose_a of_o so_o much_o and_o the_o kingdom_n be_v bereave_v of_o the_o other_o money_n which_o the_o amsterdammer_n cause_v to_o be_v send_v over_o unto_o he_o as_o shall_v be_v make_v plain_a in_o the_o next_o chapter_n to_o return_v to_o our_o aforesaid_a declaration_n of_o the_o undervaluation_n of_o our_o money_n country_n exchange_n at_o 358._o for_o the_o low_a unite_a country_n true_a it_o be_v that_o since_o the_o say_a proclamation_n of_o the_o state_n whereby_o our_o shilling_n be_v value_v at_o 10_o ½_n stivers_n the_o price_n of_o exchange_n be_v rise_v to_o 35_o s_o which_o some_o understand_v to_o be_v value_n for_o value_n or_o par_fw-fr pro_fw-la pari_fw-la and_o other_o will_v say_v who_o know_v whether_o the_o say_v assay_n be_v true_o make_v and_o report_v according_o and_o so_o speak_v against_o our_o benefit_n i_o answer_v admit_v that_o the_o loss_n be_v but_o 6_o 1_o 9_o per_fw-la centum_fw-la for_o a_o month_n be_v this_o tolerable_a when_o by_o 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of_o mean_a capacity_n money_n inconvenience_n of_o the_o underualuation_n of_o our_o money_n and_o that_o i_o do_v labour_n to_o express_v myself_o in_o the_o plain_a manner_n i_o pray_v you_o be_v there_o any_o man_n live_v that_o will_v not_o conceive_v that_o this_o exceed_o great_a gain_n have_v by_o exportation_n of_o our_o money_n will_v still_o deprive_v we_o of_o our_o treasure_n and_o on_o the_o contrary_a that_o this_o great_a loss_n have_v by_o the_o importation_n of_o money_n do_v still_o debar_v we_o from_o any_o to_o be_v bring_v in_o again_o when_o great_a gain_n be_v give_v upon_o the_o spanish_a royal_n beyond_o the_o sea_n will_v not_o the_o same_o be_v divert_v from_o we_o and_o carry_v thither_o or_o if_o some_o be_v import_v upon_o occasion_n or_o by_o accident_n will_v not_o other_o man_n transport_v they_o again_o and_o so_o take_v away_o the_o life_n of_o trade_n and_o cause_v the_o vital_a spirit_n thereof_o to_o languish_v sure_o all_o man_n be_v able_a to_o 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foreign_a coin_n to_o be_v make_v currant_n at_o equal_a value_n and_o in_o his_o circle_n of_o commerce_n he_o say_v 101._o p._n 101._o that_o i_o will_v persuade_v the_o world_n that_o there_o be_v a_o great_a underualuation_n of_o our_o money_n in_o exchange_n to_o those_o of_o germany_n and_o the_o low_a country_n which_o be_v the_o main_a pillar_n to_o support_v the_o par_fw-fr and_o so_o now_o there_o be_v no_o undervaluation_n and_o thus_o with_o the_o saytre_n he_o blow_v hot_a &_o cold_a at_o one_o instant_a with_o one_o breath_n and_o withal_o he_o do_v acknowledge_v that_o if_o the_o premise_n by_o we_o declare_v be_v true_a as_o true_a and_o manifest_a they_o be_v that_o they_o be_v fearful_a effect_n and_o again_o that_o money_n be_v not_o so_o little_o enhance_v as_o 20_o in_o the_o hundred_o since_o the_o inhaunce_v begin_v which_o we_o have_v prove_v to_o be_v double_a or_o 100_o upon_o the_o hundred_o well_o in_o good_a time_n it_o be_v mistake_v to_o make_v it_o 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which_o as_o have_v be_v show_v be_v the_o public_a measure_n but_o he_o will_v make_v this_o perspicuous_a by_o a_o familiar_a example_n sure_o one_o of_o the_o familiar_n of_o his_o circle_n have_v delude_v he_o herein_o for_o if_o a_o gentleman_n make_v over_o 100_o l._n for_o amsterdam_n at_o 33_o s._n 4_o do_v and_o receive_v for_o it_o there_o 166_o l._n 13_o s._n 4_o d._n flemish_n in_o holland_n dollar_n call_v lion_n dollar_n at_o two_o guildere_n or_o 40_o stivers_n the_o doller_n which_o amount_v just_a 500_o dollar_n and_o upon_o occasion_n after_o he_o have_v receive_v the_o same_o he_o be_v to_o deliver_v they_o there_o again_o by_o exchange_n to_o be_v pay_v in_o london_n the_o question_n be_v not_o upon_o the_o inhaunce_n of_o two_o stivers_n upon_o every_o doller_n and_o 35_o s_o which_o he_o must_v give_v there_o to_o have_v here_o pay_v he_o 20_o s._n starlin_n for_o every_o pound_n whereby_o the_o say_v inhaunce_v of_o the_o doller_n there_o and_o the_o price_n of_o 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chapter_n for_o the_o say_a lion_n doller_n be_v by_o the_o say_a proclamation_n of_o the_o earl_n of_o leycester_n value_v at_o 36_o stivers_n dollar_n philip_n dollar_n which_o be_v now_o enhanced_a to_o 40_o stivers_n dollar_n rick●_n dollar_n be_v just_a one_o nine_o part_n as_o before_o be_v declare_v proportionable_a lion_n dollar_n all_o proportionable_a concern_v other_o dollar_n and_o make_v 11_o 1_o 9_o part_n in_o the_o 100_o be_v 11_o l._n 2_o s._n 2⅔_n do_v whereby_o we_o may_v perceive_v that_o there_o be_v a_o proporcionable_a valuation_n of_o these_o coin_n so_o that_o the_o gentleman_n be_v according_a to_o the_o true_a value_n to_o receive_v at_o amsterdam●55_n ●55_z holland_n or_o lion_n dollar_n and_o 5_o 9_o part_n or_o 20_o stivers_n and_o even_o so_o much_o be_v our_o money_n undervalue_v from_o 33_o s._n 4_o d._n flemish_n as_o the_o assay_v do_v demonstrate_v and_o according_a to_o the_o say_a rule_n if_o 42_o stivers_n make_v the_o exchange_n upon_o the_o 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eunuch_n a_o eunuch_n that_o be_v no_o man_n which_o throw_v a_o stone_n pumex_fw-la a_o pumex_fw-la that_o be_v no_o stone_n at_o a_o bird_n that_o be_v no_o bird_n sit_v upon_o a_o tree_n trunk_n a_o bat._n a_o dead_a trunk_n that_o be_v no_o tree_n at_o which_o a_o dog_n do_v bark_v beech._n a_o beech._n that_o be_v no_o dog_n and_o this_o be_v the_o manner_n of_o his_o sophistry_n but_o he_o will_v come_v a_o little_a close_o and_o leave_v all_o the_o uncertain_a rate_n of_o exchange_n and_o so_o bring_v i_o to_o the_o touchstone_n of_o the_o say_v last_o proclamation_n of_o the_o state_n of_o the_o unite_a province_n whereby_o the_o royal_a of_o 8_o be_v cry_v down_o to_o 48_o stivers_n or_o 8_o s._n flemish_n and_o here_o he_o have_v calculate_v matter_n to_o a_o hair_n by_o the_o english_a weight_n of_o english_a and_o ass_n and_o penny_n weight_n and_o grain_n reckon_v after_o 32_o ass_n for_o the_o penny_n weight_n or_o english_a the_o penny_n weight_n be_v but_o 24_o grain_n and_o make_v 4_o piece_n 3_o ●_o part_n to_o be_v equal_a with_o our_o 20_o s._n in_o value_n which_o at_o 10_o 〈◊〉_d stivers_n for_o our_o shilling_n according_a to_o the_o say_a proclamation_n jump_v all_o at_o 35_o s._n flemish_n in_o exchange_n for_o the_o say_v 2_o s._n starlin_n this_o be_v very_o pretty_o contrive_v by_o the_o dexterity_n of_o his_o ingenious_a spirit_n or_o rather_o by_o his_o support_v who_o will_v help_v a_o lame_a dog_n over_o the_o stile_n as_o the_o prover_n be_v be_v by_o abate_v the_o price_n of_o the_o royal_a and_o advance_v the_o price_n of_o exchange_n taking_z care_v only_o for_o the_o present_a rate_n &_o time_n of_o exchange_n wherewith_o he_o charge_v i_o with_o a_o p●ace_n of_o scripture_n with_o such_o a_o magnanimity_n 113._o p._n 113._o as_o if_o he_o be_v ride_v in_o his_o triumphant_a chariot_n draw_v by_o ignorance_n and_o impudence_n as_o a_o couple_n of_o coach_n horse_n imitate_v caligula_n who_o follow_v the_o example_n of_o julius_n caesar_n in_o conquer_a britain_n di●n_n suetornius_fw-la &_o di●n_n and_o conduct_v his_o army_n to_o the_o sea_n side_n command_v his_o soldier_n to_o gather_v shell_n which_o he_o call_v the_o spoil_n of_o the_o ocean_n and_o bind_v a_o few_o german_n that_o never_o fight_v against_o he_o lead_v they_o in_o triumph_n to_o rome_n even_o such_o be_v the_o behaviour_n of_o misselden_n who_o have_v gather_v the_o shell_n of_o knowledge_n can_v never_o attain_v to_o the_o solid_a flesh_n of_o truth_n and_o prudence_n for_o a_o answer_n therefore_o to_o this_o untrue_a assertion_n i_o utter_o deny_v that_o 4_o royal_n ●_o 8_o part_n do_v answer_v our_o 20_o s._n starlin_n and_o by_o the_o aforesaid_a rule_n of_o arithmitike_a if_o 22_o s._n will_v buy_v 5_o piece_n or_o royal_n of_o 8_o than_o 20_o s._n require_v 4_o 6_o 11_o piece_n and_o although_o the_o say_v royal_a be_v decry_v yet_o be_v the_o same_o currant_n above_o the_o price_n of_o the_o proclamation_n in_o most_o place_n moreover_o by_o the_o say_a rule_n if_o one_o shilling_n be_v worth_a ten_o stivers_n and_o more_o when_o the_o rickx_n doller_n be_v value_v at_o 45_o stivers_n which_o be_v now_o enhanced_a and_o currant_n above_o 50_o which_o be_v 1_o 9_o part_n increase_v than_o it_o follow_v that_o the_o say_v our_o shilling_n ought_v to_o be_v value_v above_o 11_o stivers_n and_o 1_o 9_o part_n especial_o now_o the_o same_o must_v be_v deliver_v by_o weight_n which_o be_v the_o cause_n that_o above_o six_o in_o the_o hundred_o profit_n will_v be_v give_v in_o the_o mint_n there_o according_a to_o the_o policy_n in_o mint_n affair_n when_o there_o be_v a_o intention_n to_o melt_v down_o foreign_a coin_n as_o we_o have_v ample_o declare_v in_o the_o second_o part_n of_o lex_fw-la mercatoria_fw-la now_o concern_v the_o exchange_n for_o hamborough_n hamborough_n the_o underu●luation_n of_o our_o money_n by_o exchange_n at_o hamborough_n where_o after_o the_o rate_n of_o 4_o rickx_n dollar_n and_o one_o half_a we_o be_v to_o look_v for_o 450_o dollar_n for_o one_o hundred_o pound_n starlin_n i_o be_o conscious_a by_o bill_n of_o exchange_n make_v at_o hamborough_n the_o last_o year_n between_o english_a money_n and_o lubish_n among_o the_o merchant_n aduenturour_n that_o for_o 381_o dollar_n deliver_v there_o there_o have_v be_v pay_v 100_o l._n here_o in_o england_n which_o be_v 69_o dollar_n under_o the_o true_a value_n whereby_o they_o sell_v their_o clothes_n better_o cheap_a there_o and_o so_o the_o kingdom_n stock_n must_v answer_v for_o it_o to_o the_o impoverishment_n thereof_o there_o be_v no_o man_n that_o have_v the_o name_n of_o a_o merchant_n that_o have_v there_o 381_o dollar_n will_v import_v the_o same_o into_o
the_o realm_n know_v that_o he_o shall_v make_v but_o 4_o s._n 6_o do_v a_o piece_n which_o make_v but_o 85_o l._n 14_o s._n 6_o d._n when_o he_o can_v have_v by_o exchange_n 100_o l_o which_o be_v 14_o l._n 5_o s._n 6_o d._n more_o in_o two_o month_n time_n be_v not_o this_o a_o intolerable_a interest_n between_o merchant_n fall_v upon_o those_o that_o have_v small_a stock_n and_o be_v taker_n up_o of_o money_n when_o they_o ought_v to_o be_v deliverer_n pay_v 70_o and_o 80_o upon_o the_o hundred_o to_o the_o undersel_v of_o our_o native_a commodity_n let_v he_o here_o apply_v the_o say_n animus_fw-la meminisse_fw-la horret_fw-la luctuque_fw-la refugit_fw-la i_o his_o undervaluation_n of_o our_o money_n in_o exchange_n by_o the_o inhaunce_n of_o foreign_a coin_n be_v so_o plain_a and_o luce_n meridiana_fw-la clarius_n in_o every_o man_n understanding_n that_o there_o need_v not_o any_o further_a explanation_n yet_o misselden_n will_v not_o acknowledge_v that_o the_o 15_o per_n cento_n 25._o p._n 25._o more_o get_v by_o the_o royal_n of_o 8_o beyond_o the_o sea_n then_o in_o england_n come_v to_o pass_v by_o reason_n of_o the_o low_a exchange_n and_o undervaluation_n of_o our_o money_n in_o give_v there_o little_a by_o exchange_n to_o receive_v much_o for_o it_o here_o in_o the_o same_o manner_n as_o the_o precedent_a example_n of_o hamborough_n do_v demonstrate_v for_o he_o deni_v that_o the_o price_n of_o commodity_n do_v rise_v with_o the_o inhaunce_n of_o the_o money_n which_o he_o banish_v value_n of_o money_n and_o this_o be_v mere_a contrary_n to_o his_o former_a assertion_n pag._n 17._o where_o he_o say_v that_o if_o the_o merchant_n do_v nor_o raise_v the_o price_n of_o their_o commodity_n in_o due_a proportion_n to_o the_o money_n enhance_v in_o exchange_n they_o shall_v come_v home_o by_o weep_a cross_n the_o best_a be_v he_o can_v swallow_v up_o many_o of_o these_o guggion_n and_o put_v down_o thing_n never_o by_o i_o affirm_v as_o that_o the_o exchange_n in_o the_o year_n 1586_o or_o at_o any_o time_n since_o go_v constant_o at_o 33_o s._n 4_o do_v and_o here_o he_o may_v produce_v more_o than_o 1586_o witness_n and_o merchant_n book_n 28._o p._n 28._o sure_o this_o man_n do_v imitate_v the_o country_n corydon_n who_o see_v a_o sign_n for_o horse_n to_o be_v let_v to_o hire_v and_o livery_n with_o the_o year_n of_o 1622_o thereunto_o add_v be_v look_v where_o those_o great_a stable_n stand_v that_o can_v contain_v so_o many_o horse_n for_o he_o dare_v say_v and_o affirm_v any_o thing_n though_o it_o be_v never_o so_o untrue_a and_o be_v convince_v thereof_o be_v no_o more_o ashamed_a than_o a_o horse_n which_o have_v overthrow_v his_o cart._n there_o be_v of_o late_a year_n a_o merchant_n of_o great_a experience_n exchange_n a_o worthy_a consideration_n in_o exchange_n who_o by_o ruminate_v of_o his_o brain_n be_v of_o opinion_n that_o although_o sometime_o the_o price_n of_o exchange_n go_v low_a for_o some_o week_n it_o go_v high_a again_o at_o other_o week_n and_o so_o account_v one_o week_n with_o a_o other_o this_o undervaluation_n may_v be_v recompense_v and_o find_v to_o be_v correspondent_a this_o consideration_n be_v very_o material_a and_o money_n be_v not_o then_o at_o all_o enhanced_a at_o hamborough_n neither_o so_o much_o rise_v in_o the_o low_a country_n whereupon_o it_o be_v think_v convenient_a to_o cast_v up_o the_o weekly_a price_n of_o exchange_n one_o with_o another_o according_a to_o the_o broker_n bill_n of_o the_o price_n of_o exchange_n which_o they_o deliver_v weekly_a and_o that_o for_o certain_a year_n after_o 52_o week_n for_o the_o year_n cast_v the_o medium_fw-la thereof_o by_o certain_a table_n make_v thereof_o and_o although_o the_o difference_n be_v not_o so_o much_o as_o it_o have_v be_v and_o continue_v these_o 12_o year_n since_o by_o one_o three_o part_n yet_o the_o loss_n sustain_v thereby_o come_v yearly_a to_o 35_o and_o 37_o per_n cento_n by_o the_o year_n the_o operation_n whereof_o be_v to_o be_v feel_v in_o time_n as_o now_o we_o do_v in_o the_o want_n of_o money_n for_o in_o the_o great_a body_n of_o commonweal_n thing_n be_v not_o sensible_a but_o in_o progress_n of_o time_n which_o cause_v i_o to_o compare_v the_o work_n thereof_o to_o the_o planet_n saturn_n make_v his_o spherical_a course_n in_o thirty_o year_n the_o rule_n therefore_o which_o misselden_n call_v rule_n aniufal●ible_a rule_n a_o precept_n be_v infallible_a that_o when_o the_o exchange_n do_v answer_v the_o true_a value_n of_o our_o money_n according_a to_o their_o inward_a weight_n and_o finesse_n and_o their_o outward_a valuation_n they_o be_v never_o export_v because_o the_o gain_n be_v answerable_a by_o exchange_n which_o be_v the_o cause_n of_o exportation_n to_o this_o he_o answer_v that_o the_o stranger_n commit_v the_o fault_n and_o i_o will_v have_v the_o english_a punish_v which_o be_v as_o sententious_a for_o he_o to_o lay_v as_o that_o i_o teach_v gentleman_n a_o way_n how_o to_o improve_v their_o woole_n reader_n to_o the_o reader_n and_o to_o cozen_v the_o kingdom_n of_o the_o cloth_n if_o the_o reader_n will_v believe_v he_o there_o be_v not_o a_o word_n in_o his_o pamphlet_n 29._o p._n 29._o but_o of_o some_o use_n but_o my_o discourse_n be_v piect_a together_o with_o steal_v stuff_n if_o i_o do_v borrow_v of_o other_o that_o have_v write_v learned_o as_o all_o author_n do_v why_o will_v your_o slanderous_a pen_n blame_v i_o especial_o when_o you_o do_v nothing_o else_o but_o traduce_v the_o writing_n of_o other_o and_o some_o who_o you_o do_v name_n have_v first_o their_o light_n from_o i_o now_o if_o i_o shall_v conclude_v this_o point_n and_o say_v 16._o p._n 16._o that_o to_o the_o judicious_a merchant_n i_o have_v give_v cause_n of_o offence_n to_o have_v write_v so_o much_o in_o the_o defence_n of_o exchange_n as_o i_o may_v well_o do_v do_v i_o by_o your_o pervert_v constitution_n bewray_v my_o want_n of_o wit_n and_o honesty_n a_o mule_n be_v a_o beast_n beget_v of_o a_o horse_n and_o a_o she_o ass_n and_o so_o be_v these_o answer_v beget_v between_o wit_n and_o idleness_n that_o serious_a observation_n of_o those_o most_o grave_a and_o honourable_a councillor_n of_o state_n in_o the_o year_n 1576._o concern_v the_o feat_n and_o banker_n 16._o maine_n of_o free_a trade_n p._n 16._o and_o the_o example_n of_o the_o french_a king_n lewis_n the_o nine_o &_o philip_n the_o fair_a confiscate_v their_o good_n which_o be_v also_o do_v by_o philip_n de_fw-fr valois_n who_o indite_v they_o as_o cosonner_n of_o the_o commonwealth_n be_v not_o to_o be_v pass_v over_o with_o jest_n and_o untruth_n for_o wise_a man_n look_v for_o better_a thing_n vesp._n suetonius_n in_o viat_fw-la vesp._n and_o will_v not_o be_v reasted_a withal_o which_o cause_v vespasian_n to_o remove_v such_o a_o busphoon_n as_o jest_v at_o his_o friend_n will_v he_o to_o jest_v at_o himself_o the_o act_n of_o parliament_n proclamation_n and_o ordinance_n make_v upon_o this_o consideration_n with_o the_o treaty_n and_o conference_n with_o other_o prince_n hereafter_o to_o be_v declare_v will_v manifest_v the_o importance_n of_o this_o matter_n of_o state_n which_o be_v canker_n of_o the_o commonwealth_n and_o therefore_o place_v in_o this_o zone_n of_o the_o tropic_n of_o cancer_n as_o before_o be_v note_v the_o operation_n whereof_o will_v be_v more_o perspicuous_a upon_o examination_n of_o it_o by_o the_o centre_n of_o commerce_n to_o be_v entreat_v of_o in_o the_o equinoctial_a be_v the_o middle_n and_o three_o zone_n of_o the_o globe_n of_o traffic_n and_o trade_n according_a to_o our_o distribution_n whereby_o the_o old_a adage_n will_v approve_v that_o young_a man_n do_v think_v that_o old_a man_n be_v fool_n but_o old_a man_n do_v know_v that_o young_a man_n be_v fool_n which_o have_v a_o reference_n to_o the_o general_a and_o may_v be_v apply_v in_o this_o particular_a lest_o per_fw-la adventure_v he_o be_v wise_a in_o his_o own_o eye_n proverbe_n 26._o v._o 5._o chap._n iii_o that_o gain_n be_v the_o centre_n of_o the_o circle_n of_o commerce_n and_o that_o the_o underualuation_n of_o our_o money_n in_o exchange_n be_v the_o efficient_a cause_n of_o the_o overballance_a of_o trade_n now_o that_o we_o come_v to_o the_o equinoctial_a line_n where_o the_o centre_n of_o the_o circle_n of_o commerce_n be_v to_o be_v find_v upon_o the_o rule_n of_o equity_n and_o parity_n to_o be_v observe_v between_o money_n and_o exchange_n of_o money_n by_o bill_n let_v we_o note_v that_o aristotle_n in_o his_o four_o book_n of_o metaphysic_n which_o be_v common_o call_v the_o book_n of_o distinction_n have_v large_o confirm_v that_o all_o error_n proceed_v from_o indistinction_n now_o forasmuch_o as_o a_o distinction_n can_v be_v no_o other_o thing_n then_o the_o
our_o overballance_a increase_v for_o when_o more_o commod●●●_n be_v import_v than_o the_o kingdom_n spend_v 〈◊〉_d must_v be_v export_v again_o for_o other_o place_n and_o ot●●●_n commodity_n be_v import_v again_o for_o the_o retu●●_n thereof_o to_o augment_v the_o say_a overballance_n nay●●_n force_v we_o to_o wear_v more_o foreign_a ware_n through_o the_o abundance_n of_o it_o and_o to_o neglect_v the_o use_n of_o our_o native_a commodity_n but_o say_v he_o 123._o p._n 123._o the_o form_n will_v illustrate_v this_o conceit_a course_n of_o balance_n tota_n sensus_fw-la quot_fw-la capita_fw-la as_o many_o mind_n as_o man_n every_o man_n abound_v in_o his_o own_o sense_n a_o marvellous_a ground_a rule_n to_o build_v upon_o where_o there_o be_v so_o many_o cannon_n must_v we_o needs_o sail_v between_o scylla_n and_o charibays_n of_o a_o uncertain_a balance_n without_o a_o parallel_n uncertainty_n absurd_a to_o admit_v such_o uncertainty_n when_o the_o compass_n of_o our_o centre_n do_v direct_v we_o in_o the_o very_a negotiation_n and_o nothing_o can_v be_v direct_v unto_o we_o by_o this_o balance_n without_o the_o say_a centre_n the_o uncertainty_n of_o this_o balance_n do_v consist_v of_o many_o particular_n whereby_o it_o be_v so_o far_o from_o understanding_n as_o conclusion_n be_v from_o order_n first_o this_o balance_n can_v be_v certain_o prescribe_v by_o one_o year_n time_n realm_n the_o uncertainty_n of_o the_o realm_n or_o any_o certain_a or_o limit_a time_n for_o sometime_o and_o that_o unexpected_a some_o east_n india_n ship_n or_o other_o rich_a lade_n may_v come_v in_o or_o the_o spice_n and_o other_o good_n already_o come_v in_o and_o to_o be_v export_v be_v not_o carry_v out_o when_o the_o calculation_n of_o the_o balance_n be_v make_v second_o for_o money_n secret_o export_v the_o return_n in_o commodity_n may_v be_v yet_o to_o come_v or_o if_o it_o be_v for_o gain_n have_v by_o interest_n money_n or_o exchange_n it_o need_v never_o to_o return_v for_o the_o merchant_n stranger_n as_o also_o for_o money_n take_v up_o by_o exchange_n to_o be_v employ_v upon_o commodity_n and_o other_o mean_n whereof_o the_o balance_n can_v be_v sensible_a not_o come_v to_o be_v balance_v three_o the_o profit_n make_v upon_o our_o native_a commodity_n as_o also_o for_o the_o foreign_a commodity_n and_o the_o charge_n be_v incertain_a both_o in_o the_o exportation_n of_o the_o one_o and_o the_o importation_n of_o the_o other_o which_o he_o bring_v upon_o the_o balance_n by_o estimate_n and_o be_v mere_o conjectural_a four_o the_o foreign_a commodity_n be_v not_o underrate_v by_o one_o three_o part_n in_o the_o custom_n book_n in_o comparison_n of_o our_o native_a commodity_n five_o the_o fine_a good_n secret_o convey_v inward_o more_o than_o outward_o by_o one_o hundred_o thousand_o pound_n yearly_a be_v but_o a_o supposition_n six_o the_o payment_n of_o custom_n be_v uncertain_a and_o the_o conceal_n of_o custom_n come_v to_o be_v twenty_o for_o one_o in_o the_o calculation_n make_v the_o account_n to_o be_v most_o incertain_a seventh_o and_o last_o there_o may_v be_v so_o much_o get_v by_o commodity_n export_v &_o retransport_v and_o for_o that_o gain_n foreign_a commodity_n bring_v in_o that_o it_o may_v seem_v to_o be_v a_o overballance_n when_o it_o be_v not_o the_o premise_n consider_v what_o centre_n be_v there_o in_o this_o balance_n be_v it_o not_o like_a unto_o those_o great_a balloon_n that_o man_n play_v with_o all_o fill_v with_o wind_n for_o there_o be_v not_o any_o solid_a substance_n 126._o p._n 126._o but_o all_o be_v conjectural_a and_o immaginary_a neither_o be_v it_o practise_v by_o other_o prince_n and_o country_n as_o he_o untrue_o allege_v for_o other_o prince_n and_o state_n be_v careful_a to_o augment_v trade_n by_o increase_v of_o their_o manufacture_n and_o 〈◊〉_d sell_v they_o to_o benefit_n as_o also_o to_o make_v their_o territor●●●_n as_o it_o be_v magazine_n for_o all_o commodity_n exchange_n gain_v to_o be_v procure_v by_o commodity_n money_n and_o exchange_n and_o as_o they_o get_v by_o commodity_n so_o do_v they_o also_o by_o money_n and_o exchange_n which_o can_v but_o prevent_v the_o overballance_a we_o all_o agree_v that_o there_o be_v a_o overballance_n which_o must_v be_v remede_v by_o the_o redress_n of_o the_o cause_n and_o not_o by_o the_o study_n of_o balance_n which_o demonstrate_v little_a in_o truth_n and_o certainty_n but_o much_o in_o imagin●●●_n on_o and_o conceit_n it_o be_v gain_n that_o bear_v the_o sway_n and_o it_o be_v more_o than_o necessary_a to_o tautologize_v and_o to_o repeat_v thing_n of_o this_o nature_n for_o they_o produce_v fearful_a effect_n we_o feel_v they_o we_o complain_v of_o they_o and_o woeful_a experience_n show_v unto_o we_o that_o it_o be_v high_a time_n to_o reform_v they_o for_o abyssus_n abyss●●_n invocat_fw-la by_o the_o aforesaid_a distinction_n every_o man_n of_o understanding_n can_v discern_v the_o particular_a &_o private_a gain_n from_o the_o general_a benefit_n whereby_o he_o may_v the_o better_o perceive_v the_o weakness_n of_o misseldens_n objection_n he_o say_v 108._o p._n 108._o the_o high_a the_o exchange_n be_v in_o england_n the_o more_o loss_n be_v it_o to_o the_o taker_n and_o the_o more_o gain_n to_o the_o deliverer_n object_n 1._o object_n which_o be_v the_o merchant_n stranger_n again_o the_o high_a the_o exchange_n be_v in_o dutchland_n the_o more_o loss_n to_o the_o deliver_v and_o gain_v to_o the_o taker_n which_o be_v likewise_o there_o the_o merchant_n stranger_n and_o this_o he_o declare_v by_o example_n this_o objection_n be_v the_o first_o pernicious_a argument_n note_v in_o this_o chapter_n which_o represent_v unto_o we_o the_o equinoctial_a line_n require_v equality_n and_o equity_n in_o the_o valuation_n of_o money_n and_o true_a exchange_n for_o the_o general_a good_a as_o before_o be_v demonstrate_v the_o absurdity_n of_o which_o objection_n let_v we_o now_o declare_v suppose_v that_o notwithstanding_o the_o inhaunce_n of_o the_o foreign_a coin_n beyond_o the_o sea_n the_o price_n of_o exchange_n be_v still_o at_o even_a money_n as_o it_o be_v about_o 80_o year_n past_a as_o have_v be_v declare_v namely_o at_o twenty_o shilling_n here_o with_o we_o which_o be_v a_o low_a exchange_n upon_o the_o balance_n of_o trade_n a_o merchant_n stranger_n sell_v here_o his_o foreign_a commodity_n buy_v beyond_o the_o sea_n with_o the_o enhanced_a coin_n find_v this_o low_a exchange_n to_o make_v his_o return_n by_o will_v resolve_v either_o to_o buy_v our_o commodity_n or_o to_o export_v our_o money_n for_o by_o this_o low_a exchange_n he_o shall_v be_v a_o very_a great_a loser_n so_o that_o our_o english_a merchant_n shall_v find_v no_o money_n to_o be_v take_v up_o by_o exchange_n to_o make_v their_o ready_a employment_n upon_o our_o commodity_n and_o the_o merchant_n stranger_n will_v buy_v they_o or_o else_o the_o money_n will_v be_v convey_v away_o for_o the_o most_o part_n notwithstanding_o the_o statute_n of_o employment_n which_o as_o it_o be_v a_o loss_n to_o the_o realm_n so_o be_v it_o to_o the_o english_a merchant_n in_o particular_a who_o may_v have_v employ_v the_o same_o so_o then_o è_fw-la contrario_fw-la the_o low_a the_o exchange_n be_v in_o england_n the_o less_o money_n answ._n 1._o answ._n be_v deliver_v by_o exchange_n unto_o english_a merchant_n and_o the_o more_o be_v the_o trade_n drive_v into_o the_o merchant_n stranger_n hand_n as_o also_o the_o more_o money_n be_v export_v again_o the_o low_a that_o the_o exchange_n be_v in_o dutchland_n the_o less_o money_n be_v take_v up_o by_o the_o merchant_n stranger_n there_o and_o the_o more_o 〈…〉_o be_v import_v both_o by_o the_o english_a merchant_n and_o the_o merchant_n stranger_n which_o bring_v a_o overballance_a and_o increase_v the_o transportation_n of_o our_o money_n and_o be_v also_o a_o hindrance_n to_o the_o importation_n because_o their_o money_n be_v enhance_v whereby_o it_o be_v manifest_a that_o one_o extremity_n enforce_v another_o what_o be_v now_o the_o medium_fw-la or_o rather_o particular_a the_o general_a benefit_n to_o be_v prefer_v before_o the_o particular_a which_o of_o these_o extreme_n shall_v take_v place_n the_o one_o contern_v the_o general_a welfare_n of_o the_o realm_n the_o other_o concern_v private_a merchant_n shall_v not_o the_o rule_n of_o justice_n and_o equity_n be_v prefer_v whereby_o the_o commonwealth_n be_v enrich_v and_o the_o private_a be_v abolish_v which_o destroy_v the_o kingdom_n yes_o questionless_a but_o this_o reformation_n or_o par_fw-fr of_o exchange_n object_n 2d_o object_n threaten_v the_o decay_n of_o cloth_n trade_n for_o the_o exchange_n be_v that_o 109._o p._n 109._o which_o represent_v to_o our_o english_a merchant_n his_o whole_a estate_n beyond_o the_o sea_n for_o his_o ready_a use_n and_o employment_n thereof_o in_o england_n upon_o all_o occasion_n so_o that_o if_o there_o shall_v
be_v a_o stop_n in_o the_o course_n of_o exchange_n measure_n exchange_v the_o public_a measure_n then_o either_o the_o english_a merchant_n will_v for_o bear_v to_o take_v up_o money_n by_o exchange_n or_o else_o he_o will_v lock_v to_o recover_v his_o loss_n of_o exchange_n upon_o his_o cloth_n i_o answer_v answ._n 2._o answ._n that_o give_v more_o to_o the_o merchant_n stranger_n by_o exchange_n then_o former_o the_o trade_n will_v be_v advance_v for_o the_o english_a merchant_n will_v find_v more_o money_n for_o his_o ready_a employment_n then_o before_o and_o the_o money_n will_v not_o be_v transport_v so_o that_o to_o surmise_n that_o the_o english_a merchant_n will_v forbear_v to_o take_v up_o money_n by_o exchange_n or_o will_v be_v so_o in●urious_a to_o his_o country_n to_o maintain_v a_o 〈◊〉_d of_o our_o money_n in_o exchange_n contrary_a to_o his_o majesty_n proclamation_n and_o the_o law_n of_o the_o realm_n be_v altogether_o without_o ground_n and_o senseless_a the_o course_n of_o exchange_n rise_v and_o fall_v shall_v have_v no_o stop_n neither_o will_v there_o be_v any_o stand_n in_o blackwell_n hall_n whereby_o the_o remedy_n will_v be_v far_o worse_o than_o the_o disease_n as_o misselden_n labour_v to_o prove_v but_o the_o english_a merchant_n must_v needs_o recover_v the_o object_n 3._o object_n loss●_fw-mi of_o the_o exchange_n upon_o the_o cloth_n which_o must_v either_o be_v do_v in_o the_o buy_n of_o it_o at_o home_n or_o sell_v of_o it_o abroad_o but_o it_o can_v be_v do_v in_o the_o sale_n of_o cloth_n abroad_o for_o the_o cloth_n trade_n groan_v already_o under_o the_o burden_n as_o appear_v by_o the_o quantity_n and_o the_o price_n thereof_o which_o be_v diminish_v and_o to_o bring_v it_o upon_o the_o ch●●hier_n be_v a_o matter_n of_o grievous_a consequence_n experience_n as_o i_o have_v say_v make_v a_o full_a answer_n answ._n 3._o answ._n that_o as_o there_o want_v no_o taker_n of_o money_n when_o the_o late_a inhaunce_n of_o money_n at_o hamborough_n cause_v the_o exchange_n to_o rise_v from_o under_o 28_o s._n to_o above_o 35_o s_o which_o be_v far_o more_o than_o the_o intend_a reformation_n and_o wool_n be_v at_o 33_o s._n the_o todd_n which_o be_v now_o at_o 20_o s._n and_o under_o so_o there_o will_v want_v no_o vent_n for_o our_o cloth_n for_o if_o there_o be_v sale_n for_o double_a the_o quantity_n then_o when_o cloth_n be_v sell_v dear_a by_o full_a one_o three_o part_n we_o need_v not_o to_o doubt_v of_o vent_n when_o other_o nation_n be_v as_o willing_a to_o buy_v the_o same_o as_o they_o be_v willing_a to_o vent_v their_o commodity_n unto_o we_o and_o it_o stand_v with_o more_o reason_n to_o advance_v the_o price_n thereof_o when_o the_o same_o be_v good_a cheap_a and_o to_o reform_v the_o price_n of_o exchange_n then_o when_o this_o dear_a albeit_o we_o never_o hear_v any_o complaint_n of_o the_o deerenesse_n of_o our_o cloth_n misselden_n will_v insinuate_v of_o many_o objection_n that_o can_v be_v make_v against_o this_o reformation_n so_o much_o requisite_a but_o they_o be_v but_o word_n 11●_n p._n 11●_n as_o all_o former_a consideration_n do_v manifest_a the_o taker_n will_v be_v rule_v by_o the_o deliverer_n for_o albeit_o that_o trade_n require_v a_o natural_a liberty_n which_o in_o no_o country_n be_v so_o much_o restrain_v as_o in_o england_n yet_o gain_v the_o true_a centre_n do_v over-rule_v all_o as_o it_o be_v by_o a_o voluntary_a command_n which_o make_v the_o voluntary_a contract_n by_o the_o mutual_a consent_n of_o both_o party_n by_o he_o allege_v and_o when_o the_o gain_n of_o exportation_n of_o money_n fail_v 113._o p._n 113._o than_o the_o statute_n of_o employment_n be_v better_a observe_v and_o money_n be_v more_o plentiful_a by_o exchange_n for_o all_o these_o argument_n be_v as_o lime_n twig_n or_o hops_n to_o keep_v he_o still_o enclose_v within_o his_o circle_n he_o repli_v that_o although_o there_o want_v not_o taker_n of_o money_n by_o exchange_n for_o hamborough_n when_o the_o exchange_n rise_v from_o 28_o s._n to_o 35_o s_o yet_o it_o do_v not_o follow_v that_o therefore_o there_o will_v be_v taker_n at_o the_o par_fw-fr of_o exchange_n for_o it_o be_v a_o different_a case_n indeed_o he_o do_v not_o understand_v the_o case_n 114._o p._n 114._o for_o the_o taker_n do_v not_o gain_v neither_o do_v the_o deliverer_n loose_a as_o he_o say_v by_o the_o fast_o rise_v of_o exchange_n at_o hamborough_n only_o he_o that_o be_v to_o take_v up_o money_n back_o again_o to_o pay_v his_o bill_n of_o exchange_n take_v upon_o he_o may_v therein_o become_v a_o gainer_n although_o by_o the_o buy_n of_o commodity_n he_o may_v have_v be_v a_o loose_a by_o the_o endure_a of_o commodity_n there_o upon_o the_o inhaunce_n of_o money_n rule_n a_o particular_a make_v no_o rule_n these_o accident_n be_v particular_n and_o make_v no_o general_a rule_n that_o he_o understand_v not_o himself_o in_o the_o par_fw-fr of_o exchange_n which_o i_o have_v distinguish_v by_o the_o positive_a exchange_n from_o the_o currant_n exchange_n appear_v also_o by_o his_o inferrence_n that_o it_o may_v prove_v also_o another_o bar_n to_o trade_n and_o cause_v the_o cloth_n trade_n both_o in_o the_o clothier_n and_o merchant_n hand_n to_o be_v so_o much_o dear_a to_o they_o and_o cheap_a to_o the_o stranger_n by_o how_o much_o the_o natural_a course_n shall_v be_v alter_v in_o exchange_n when_o it_o shall_v be_v answer_v by_o the_o price_n of_o exchange_n to_o the_o great_a advantage_n of_o foreign_a nation_n and_o loss_n of_o the_o kingdom_n this_o man_n seek_v a_o knot_n in_o a_o bulrush_n and_o conclude_v that_o all_o he_o have_v allege_v be_v as_o clear_a as_o the_o sun_n and_o that_o until_o the_o kingdom_n come_v to_o a_o overballance_n of_o trade_n 131._o p._n 131._o the_o cause_n of_o the_o decay_n of_o trade_n can_v be_v take_v away_o for_o the_o decay_n of_o trade_n and_o the_o overballance_n can_v stand_v together_o that_o be_v to_o say_v a_o sick_a body_n can_v be_v in_o health_n until_o it_o be_v cure_v which_o be_v a_o sentence_n contain_v many_o sentence_n when_o the_o overballance_n be_v the_o decay_n of_o trade_n to_o speak_v ingenious_o can_v the_o make_n of_o a_o balance_n cause_n money_n and_o bullion_n to_o be_v bring_v in_o or_o hinder_v the_o transportation_n of_o money_n or_o can_v the_o calculation_n of_o the_o say_a balance_n procure_v that_o our_o native_a commodity_n export_v shall_v surmount_v in_o price_n and_o quantity_n the_o foreign_a commodity_n bring_v in_o and_o last_o can_v the_o say_a balance_n bring_v to_o pass_v that_o spanish_a royal_n of_o 8_o now_o divert_v from_o we_o shall_v be_v import_v and_o when_o the_o say_v royal_n and_o dollar_n be_v bring_v in_o that_o they_o shall_v not_o be_v carry_v out_o again_o but_o be_v bring_v to_o the_o mint_n as_o the_o say_a centre_n gain_n will_v do_v by_o the_o true_a course_n of_o exchange_n to_o the_o enrich_n of_o the_o realm_n and_o prevention_n of_o overballance_v questionless_a it_o can_v for_o the_o end_n of_o the_o balance_n by_o his_o own_o confession_n be_v last_v in_o place_n but_o first_o and_o chief_a in_o purpose_n 130._o p._n 130._o or_o in_o the_o beginning_n which_o be_v nothing_o else_o but_o to_o make_v a_o trial_n of_o thing_n past_a so_o that_o put_v this_o circle_n of_o commerce_n into_o the_o seal_n of_o the_o balance_n and_o lay_v a_o feather_n against_o it_o and_o it_o will_v weigh_v down_o the_o same_o but_o some_o will_v say_v why_o do_v you_o expostulate_v or_o make_v inquiry_n of_o the_o end_n of_o this_o balance_n 132._o p._n 132._o have_v not_o he_o contract_v all_o the_o cause_n of_o our_o underballance_n in_o two_o word_n poverty_n and_o prodigality_n ground_v upon_o idleness_n and_o excess_n and_o therein_o use_v such_o a_o ciceronian_a stile_n to_o exhort_v the_o learned_a divine_n and_o provident_a statesman_n that_o we_o may_v say_v movit_fw-la cornicula_fw-la risum_fw-la assure_o he_o have_v but_o this_o may_v not_o be_v ascribe_v to_o the_o balance_n of_o trade_n for_o riot_n and_o excess_n may_v be_v know_v without_o such_o a_o balance_n and_o poverty_n and_o want_n be_v not_o without_o feeling_n neither_o aught_o to_o be_v without_o commiseration_n for_o the_o transportation_n of_o money_n to_o heaven_n be_v lawful_a by_o charitable_a give_v to_o the_o poor_a which_o god_n himself_o have_v promise_v to_o reward_v although_o man_n be_v never_o so_o unthankful_a here_o according_a to_o misseldens_n manner_n i_o have_v occasion_n offer_v i_o to_o make_v a_o very_a ample_a discourse_n concern_v his_o presumption_n above_o the_o wisdom_n of_o the_o city_n of_o london_n his_o uncharitable_a disposition_n to_o prevent_v ten_o thousand_o pound_n yearly_a cast_v away_o to_o the_o poor_a and_o his_o peremptory_a and_o absolute_a
right_n honourable_a lionel_n baron_fw-fr cranfield_n earl_n of_o middlesex_n be_v lord_n high_a treasurer_n of_o england_n who_o name_n misselden_n have_v omit_v in_o his_o epistle_n dedicatory_a for_o his_o lordship_n have_v knowledge_n of_o money_n and_o exchange_n be_v better_a enable_v to_o advance_v this_o important_a matter_n if_o it_o be_v possible_a that_o this_o time_n can_v entertain_v good_a thing_n wherein_o i_o be_o the_o more_o confident_a because_o the_o king_n himself_o in_o his_o high_a wisdom_n be_v desirous_a to_o be_v inform_v hereof_o by_o the_o lord_n vizcount_v mandevill_n lord_n precedent_n of_o the_o council_n who_o call_v by_o his_o majesty_n commandment_n unto_o he_o sir_n robert_n cotton_n knight_n and_o baronet_n sir_n ralph_n maddyson_n knight_n m_o r._n john_n williams_n his_o majesty_n goldsmith_n m_o r._n william_n sanderson_n merchant_n adventurer_n and_o myself_o in_o the_o month_n of_o april_n 1622_o deliver_v to_o the_o king_n majesty_n a_o remonstrance_n make_v by_o we_o exchange_n a_o report_n touch_v exchange_n contain_v in_o substance_n that_o have_v examine_v the_o nature_n of_o exchange_n of_o money_n by_o bill_n how_o it_o go_v in_o the_o elder_n and_o evener_n time_n and_o how_o it_o be_v now_o carry_v to_o the_o prejudice_n of_o the_o realm_n and_o what_o will_v be_v the_o best_a mean_n to_o reduce_v it_o to_o the_o former_a equity_n and_o parity_n according_a to_o the_o rule_n of_o exchange_n which_o be_v par_fw-fr pro_fw-la pari_fw-la we_o do_v find_v that_o this_o equal_a and_o ancient_a rule_n be_v break_v by_o the_o inhaunce_n of_o the_o price_n of_o money_n beyond_o the_o sea_n whereby_o in_o effect_n we_o exchange_v part_n of_o the_o intrinsicque_n value_n of_o our_o money_n for_o their_o outward_a denomination_n or_o valuation_n and_o that_o the_o redress_n of_o this_o unequal_a exchange_n between_o we_o and_o foreign_a nation_n may_v be_v do_v by_o his_o majesty_n proclamation_n without_o inhaunce_v of_o our_o money_n at_o home_n or_o meddle_v with_o the_o finesse_n or_o allay_v thereof_o in_o such_o manner_n and_o form_n as_o therein_o be_v declare_v and_o hereafter_o express_v according_a to_o our_o former_a declaration_n in_o print_n both_o in_o the_o treatise_n of_o the_o maintenance_n of_o free_a trade_n and_o lex_fw-la mercatoria_fw-la wherein_o gain_v the_o centre_n have_v a_o predominant_a power_n and_o hereby_o it_o may_v appear_v that_o i_o have_v not_o forget_v cato_n his_o lesson_n ad_fw-la consilium_fw-la non_fw-la accesseris_fw-la antequam_fw-la u●ceris_fw-la neither_o be_o i_o so_o audacious_a and_o unmannerly_a as_o misselden_n will_v proclaim_v i_o to_o the_o world_n he_o have_v need_n of_o a_o leather_n case_n for_o his_o tongue_n that_o in_o all_o his_o circle_n sup_v up_o such_o hot_a broth_n 17._o p._n 17._o contra_fw-la verbosos_fw-la noli_fw-la contendere_fw-la verbis_fw-la etc._n etc._n to_o examine_v now_o the_o centre_n gain_n in_o every_o particular_a trade_n of_o the_o realm_n for_o foreign_a part_n we_o will_v begin_v with_o the_o song_n of_o four_o part_n so_o term_v by_o misselden_n 52._o p._n 52._o and_o answer_v most_o of_o his_o satyrike_a speech_n with_o merry_a conceit_n which_o may_v prove_v harmonious_a to_o the_o wise_a but_o if_o any_o thing_n shall_v seem_v to_o be_v extrevagant_a let_v it_o be_v attribute_v to_o this_o region_n of_o capricorn_n where_o corneited_a beast_n will_v be_v skip_v the_o voice_n of_o his_o song_n be_v of_o stranger_n of_o the_o stapler_n of_o the_o interlooper_n and_o of_o the_o port_n and_o the_o poor_a merchant_n aduenturor_n be_v make_v the_o burden_n of_o the_o song_n 49._o p._n 49._o on_o who_o i_o do_v endeavour_n as_o he_o say_v to_o lay_v a_o tacite_fw-la and_o secret_a aspersion_n of_o which_o he_o make_v himself_o to_o be_v the_o informer_n a_o sycophant_n be_v take_v for_o a_o flatterer_n of_o the_o greek_a word_n sycos_n which_o signify_v a_o fig_n for_o the_o king_n in_o time_n past_a do_v so_o much_o esteem_v that_o fruit_n as_o prince_n do_v now_o their_o deer_n and_o such_o promouter_n as_o give_v information_n of_o the_o take_n of_o fig_n be_v so_o call_v which_o agree_v with_o we_o howsoever_o i_o hope_v that_o his_o song_n will_v be_v a_o recantation_n of_o his_o error_n as_o all_o good_a patriot_n ought_v to_o do_v albe●t_v he_o may_v perhaps_o for_o a_o time_n recantare_fw-la that_o be_v sing_v it_o over_o again_o humanum_fw-la est_fw-la errare_fw-la sed_fw-la perseverare_fw-la diabolicum_fw-la as_o i_o will_v not_o scatter_v any_o society_n or_o corporation_n in_o that_o which_o prove_v prejudicial_a to_o the_o commonwealth_n so_o have_v i_o forbear_v to_o speak_v that_o which_o nevertheless_o be_v very_o considerable_a and_o have_v be_v observe_v by_o that_o worthy_a councillor_n and_o secretary_n of_o state_n sir_n francis_n walsingham_n touch_v corporation_n where_o the_o absolute_a dispose_n of_o the_o trade_n be_v leave_v unto_o they_o without_o the_o prince_n his_o guide_n and_o direction_n for_o commodity_n money_n and_o exchange_n all_o my_o writing_n be_v emblazon_v with_o the_o praise_n and_o commendation_n of_o merchant_n albeit_o misselden_n go_v about_o to_o make_v i_o distasteful_a in_o pervert_v or_o misconstrue_v of_o they_o after_o his_o manner_n especial_o that_o i_o will_v have_v the_o indrape_n of_o our_o wool_n to_o be_v do_v in_o foreign_a part_n which_o he_o can_v never_o prove_v neither_o will_v i_o make_v any_o other_o answer_n in_o defence_n thereof_o then_o be_v make_v already_o for_o it_o be_v record_v that_o he_o who_o will_v make_v a_o great_a fire_n continual_o must_v rake_v together_o much_o mean_a fuel_n and_o he_o that_o will_v be_v always_o shake_v the_o spleen_n of_o other_o must_v have_v as_o this_o man_n have_v much_o curiosity_n more_o word_n and_o most_o lie_v his_o face_n must_v be_v as_o hard_a as_o the_o shell_n of_o a_o tortis_fw-la his_o tongue_n as_o sharp_a as_o the_o quill_n of_o a_o procerpine_n his_o heart_n as_o unclean_a as_o the_o stable_a of_o augnis_n before_o hercules_n bring_v in_o the_o river_n alpheus_n to_o cleanse_v it_o he_o say_v that_o the_o state_n have_v be_v abuse_v by_o information_n that_o the_o dutch_a can_v not_o subsist_v without_o our_o english_a cloth_n 51._o p._n 51._o there_o be_v not_o any_o such_o thing_n in_o my_o writing_n neither_o do_v i_o ever_o stand_v so_o much_o upon_o the_o necessary_a use_n of_o our_o wool_n but_o i_o do_v insist_v upon_o two_o principal_a point_n concern_v the_o sale_n of_o cloth_n cloth_n the_o advantage_n of_o the_o sale_n of_o our_o cloth_n which_o be_v that_o other_o nation_n buy_v heretofore_o our_o clothes_n when_o they_o be_v sell_v dear_a by_o the_o one_o half_a in_o price_n than_o they_o be_v now_o sell_v do_v never_o complain_v that_o the_o clothes_n be_v sell_v too_o dear_a but_o they_o do_v always_o complain_v of_o the_o false_a make_n of_o cloth_n and_o again_o that_o other_o nation_n be_v as_o willing_a to_o sell_v unto_o we_o their_o foreign_a commodity_n as_o we_o can_v be_v to_o sell_v our_o clothes_n to_o they_o for_o those_o that_o make_v clothes_n in_o their_o country_n have_v no_o occasion_n to_o buy_v foreign_a ware_n or_o the_o commodity_n of_o other_o country_n but_o seek_v to_o sell_v they_o for_o ready_a money_n or_o to_o be_v pay_v at_o some_o time_n of_o payment_n whereby_o england_n have_v a_o great_a advantage_n and_o may_v enjoy_v the_o benefit_n of_o it_o in_o sell_v their_o cloth_n with_o reputation_n which_o be_v ever_o accompany_v with_o request_n and_o cause_v commodity_n to_o be_v sell_v at_o good_a rate_n whereas_o vilify_a the_o price_n of_o ware_n can_v never_o establish_v a_o trade_n nor_o make_v commodity_n more_o vendible_a and_o this_o require_v great_a consideration_n that_o one_o man_n which_o malynes_n out_n of_o malice_n pick_v and_o point_n at_o be_v indeed_o a_o ample_a trader_n in_o colour_v cloth_n but_o not_o in_o kersey_n yet_o so_o as_o there_o be_v very_o many_o other_o of_o the_o company_n that_o be_v also_o trader_n in_o colour_a cloth_n as_o well_o as_o he_o have_v not_o this_o man_n be_v one_o of_o his_o supporter_n by_o who_o mouth_n his_o pen_n speak_v i_o will_v have_v imagine_v that_o he_o have_v be_v in_o the_o city_n of_o butus_n and_o have_v consult_v with_o the_o oracle_n of_o laton●_n where_o those_o that_o sleep_n before_o her_o image_n can_v make_v a_o prediction_n by_o the_o first_o word_n of_o they_o that_o next_o meet_v they_o euterpe_n herodotus_n in_o euterpe_n i_o bear_v no_o malice_n to_o the_o man_n nor_o to_o the_o secretary_n of_o the_o say_a company_n in_o who_o commendation_n he_o so_o much_o speak_v 65._o p._n 65._o for_o i_o be_o assure_v that_o upon_o better_a consideration_n of_o the_o matter_n in_o question_n they_o will_v willing_o embrace_v the_o true_a reformation_n of_o these_o great_a abuse_n aspis_n a_o viper_n
a_o venenum_fw-la mutuatur_fw-la here_o misselden_n do_v mount_v his_o great_a ordinance_n against_o the_o merchant_n of_o the_o staple_n and_o myself_o for_o he_o stare_v as_o wild_o upon_o we_o 3._o p._n 62._o metamor_n 3._o as_o again_o do_v upon_o her_o son_n pentheus_n when_o she_o take_v he_o from_o a_o boar_n ille_fw-la mihi_fw-la seriendus_fw-la aper_n etc._n etc._n accuse_v we_o both_o to_o be_v profess_v adversary_n to_o the_o merchant_n adventurer_n for_o say_v that_o the_o stapler_n have_v observe_v that_o the_o merchant_n adventurer_n have_v a_o inevitable_a opportunity_n of_o combination_n to_o set_v what_o price_n they_o please_v upon_o cloth_n to_o the_o clothier_n of_o wool_n to_o the_o grower_n and_o of_o all_o commodity_n export_v and_o import_v and_o to_o make_v this_o to_o be_v but_o a_o suggestion_n he_o care_v not_o to_o accuse_v the_o say_a company_n of_o a_o extraordinary_a discord_n whereby_o they_o do_v more_o bid_v and_o out_o bid_v one_o another_o at_o the_o market_n than_o any_o other_o company_n sure_o his_o allegation_n that_o the_o cloth_n trade_n groan_v under_o the_o burden_n &_o can_v recover_v be_v then_o most_o untrue_a 110._o p._n 110._o for_o merchant_n will_v not_o strive_v to_o run_v into_o a_o eminent_a danger_n of_o loss_n but_o as_o be_v note_v before_o they_o will_v be_v sure_a to_o impose_v all_o upon_o the_o clothier_n &_o the_o wool_n grower_n to_o the_o disimprove_v of_o the_o revinew_n of_o land_n and_o loss_n of_o the_o kingdom_n stock_n and_o on_o the_o other_o side_n the_o stapler_n will_v not_o be_v so_o desirous_a to_o deal_v in_o cloth_n if_o they_o see_v no_o mean_n to_o make_v a_o benefit_n thereby_o and_o that_o far_o great_a than_o now_o be_v do_v which_o will_v deserve_v the_o name_n of_o free_a trade_n especial_o when_o we_o shall_v be_v enable_v to_o make_v our_o choice_n to_o return_v the_o proceed_v of_o our_o native_a commodity_n by_o all_o the_o three_o simples_n of_o trade_n to_o our_o best_a advantage_n exchange_n commodity_n money_n and_o exchange_n whereby_o they_o shall_v not_o be_v subject_a to_o my_o pen_n neither_o to_o his_o defence_n that_o presume_v so_o much_o to_o have_v deserve_v at_o their_o hand_n by_o extol_v their_o wisdom_n and_o providence_n which_o can_v be_v complete_a unless_o the_o commodity_n of_o the_o realm_n be_v advance_v by_o they_o in_o price_n and_o sale_n for_o the_o general_a good_a of_o the_o kingdom_n which_o he_o call_v the_o dowry_n and_o the_o axis_n of_o the_o commonwealth_n 64._o p._n 64._o whereon_o all_o the_o other_o trade_n of_o the_o realm_n do_v seem_v to_o turn_v and_o have_v their_o revolution_n so_o that_o the_o centre_n must_v be_v find_v in_o the_o middle_n of_o this_o axis_n again_o the_o stranger_n will_v not_o be_v desirous_a to_o deal_v in_o cloth_n if_o there_o be_v no_o centre_n nor_o the_o inhabitant_n of_o other_o port_n last_o the_o interloper_n will_v be_v quiet_a if_o there_o be_v no_o gain_n to_o be_v make_v and_o the_o noise_n of_o their_o song_n will_v not_o be_v hear_v all_o in_o one_o tune_n but_o these_o latter_a will_v be_v prevent_v and_o cut_v off_o now_o that_o misselden_n be_v employ_v beyond_o the_o sea_n by_o the_o merchant_n aduenturor_n who_o have_v the_o art_n of_o discovery_n to_o give_v information_n will_v spy_v they_o out_o i_o can_v but_o lament_v their_o case_n for_o when_o sixtus_n quintus_fw-la be_v pope_n he_o make_v such_o a_o extraordinary_a search_n in_o rome_n for_o to_o discover_v inveterate_v offence_n that_o the_o image_n of_o saint_n peter_n stand_v on_o the_o one_o side_n of_o the_o portal_n of_o his_o cathedral_n church_n do_v expostulate_v with_o saint_n paul_n stand_v on_o the_o other_o side_n concern_v these_o strict_a proceed_n and_o be_v resolve_v to_o depart_v have_v not_o paul_n dissuade_v he_o not_o withstand_v that_o he_o have_v good_a cause_n for_o have_v cut_v off_o malchus_n his_o ear_n 74._o p._n 74._o for_o the_o like_a fear_n may_v befall_v the_o say_a interlooper_n by_o misseldens_n examination_n of_o all_o their_o ancient_a and_o modern_a offence_n to_o conclude_v this_o point_n of_o the_o cloth_n trade_n which_o will_v be_v in_o danger_n to_o be_v whole_o overthrow_v i_o say_v that_o even_o as_o there_o be_v a_o man_n that_o bring_v his_o mare_n to_o drink_v think_v that_o he_o see_v the_o moon_n drink_v up_o by_o his_o mare_n which_o indeed_o be_v only_o hide_v and_o obscure_v in_o a_o cloud_n the_o next_o day_n consult_v with_o his_o neighbour_n of_o gotham_n after_o much_o lay_n of_o their_o cod_n head_n together_o it_o be_v conclude_v that_o they_o shall_v rip_v the_o mare_n and_o let_v out_o the_o moon_n and_o ever_o since_o these_o goat_n of_o this_o tropic_n of_o capricorn_n have_v think_v all_o the_o world_n behold_v to_o they_o for_o the_o recovery_n of_o the_o moon_n even_o so_o be_v the_o merchant_n aduenturor_n nay_o all_o the_o kingdom_n behold_v unto_o misselden_n for_o the_o preservation_n of_o the_o cloth_n trade_n by_o this_o time_n he_o be_v come_v to_o monopoly_n 66._o p._n 66._o and_o here_o he_o do_v say_v that_o there_o be_v not_o any_o worse_a monopoly_n in_o the_o kingdom_n than_o i_o will_v make_v of_o the_o exchange_n and_o mounseur_fw-fr bodins_n allegation_n touch_v the_o french_a proverb_n i_o will_v intend_v le_fw-fr par_fw-fr be_v no_o good_a phrase_n in_o french_a here_o he_o will_v correct_v magnificat_fw-la et_fw-la nescit_fw-la quid_fw-la significat_fw-la the_o reformation_n of_o the_o abuse_n of_o exchange_n be_v to_o be_v do_v by_o all_o man_n and_o therefore_o can_v be_v term_v a_o monopoly_n and_o for_o the_o consideration_n requisite_a in_o monopoly_n i_o refer_v myself_o to_o the_o chapter_n of_o association_n in_o lex_fw-la mercatoria_fw-la now_o for_o his_o find_a fault_n with_o a_o sillogisme_n make_v before_o he_o be_v bear_v 91._o p._n 91._o draw_v from_o negatives_n if_o i_o be_v but_o a_o smatterer_n in_o any_o science_n and_o have_v know_v the_o use_n of_o his_o pill_n panchreston_n i_o will_v prove_v as_o good_a and_o skilful_a in_o equivocation_n as_o he_o be_v find_v to_o be_v in_o alter_v the_o state_n of_o a_o question_n which_o be_v nothing_o but_o a_o equivocation_n as_o for_o example_n quite_o animal_n dicit_fw-la verum_fw-la praedicat_fw-la &_o quite_o asinum_fw-la idem_fw-la et_fw-la te_fw-la animal_n dicit_fw-la ergo_fw-la the_o elenche_n of_o accident_n secundum_fw-la quid_fw-la be_v lurk_v and_o yet_o withal_o the_o question_n be_v change_v for_o the_o reason_n be_v draw_v as_o his_o manner_n be_v from_o a_o particular_a to_o a_o universal_a which_o be_v preposterous_a and_o retrograde_a so_o where_o the_o question_n be_v beg_v the_o stream_n of_o the_o disputation_n turn_v his_o channel_n and_o this_o will_v serve_v for_o a_o answer_n to_o his_o paralogism_n it_o follow_v 69._o p._n 69._o to_o make_v also_o some_o brief_a answer_n to_o his_o exception_n of_o the_o comparison_n i_o make_v of_o thing_n active_a and_o passive_a because_o he_o will_v not_o understand_v the_o application_n of_o it_o for_o he_o repli_v and_o confess_v that_o the_o cloth_n do_v not_o measure_v the_o yard_n but_o the_o yard_n the_o cloth_n but_o he_o add_v the_o great_a the_o measure_n be_v the_o few_o yard_n the_o cloth_n contain_v and_o the_o less_o the_o measure_n the_o more_o yard_n may_v it_o not_o be_v say_v that_o the_o yard_n be_v active_a and_o the_o cloth_n passive_a 40_o p._n 40_o without_o pacius_n explication_n as_o the_o bough_n proceed_v from_o aristotle_n the_o ●oote_n let_v he_o remember_v that_o our_o famous_a recorder_n of_o london_n make_v this_o distinction_n very_o perspicuous_a when_o dunscomb_n have_v strike_v cox_n do_v not_o he_o give_v sentence_v that_o comb_n shall_v be_v take_v from_o duns_n who_o be_v active_a and_o be_v give_v to_o cox_n to_o make_v he_o a_o coxcomb_n because_o he_o be_v passive_a if_o he_o will_v not_o believe_v this_o staffords_z law_n may_v make_v he_o feel_v it_o when_o he_o meet_v with_o impatient_a man_n it_o be_v enough_o for_o i_o to_o prove_v that_o exchange_n be_v active_a and_o commodity_n and_o money_n be_v passive_a wise_a man_n do_v know_v it_o and_o fool_n will_v not_o understand_v it_o though_o you_o bray_v they_o like_o anaxarchus_n in_o a_o iron_n mortar_n and_o so_o much_o may_v be_v say_v for_o the_o difference_n between_o thing_n do_v virtute_fw-la officij_fw-la &_o colore_fw-la officij_fw-la 70._o p._n 70._o but_o this_o matter_n require_v a_o more_o ample_a exposition_n and_o answer_n for_o when_o he_o meet_v with_o my_o recital_n of_o some_o short_a observation_n concern_v the_o decay_n of_o trade_n which_o i_o gather_v out_o of_o note_n that_o past_a from_o the_o merchant_n of_o the_o staple_n and_o other_o merchant_n at_o the_o last_o session_n of_o parliament_n he_o seem_v by_o his_o winse_n to_o
a_o dog_n will_v dance_v for_o money_n the_o merchant_n stranger_n be_v here_o common_o the_o deliverer_n of_o money_n cast_v his_o eye_n upon_o the_o centre_n will_v easy_o be_v induce_v to_o make_v the_o most_o of_o his_o own_o receive_v by_o exchange_n more_o for_o his_o money_n beyond_o the_o sea_n and_o if_o the_o english_a merchant_n be_v the_o taker_n of_o the_o say_a money_n will_v be_v so_o injurious_a to_o the_o state_n as_o to_o give_v less_o beyond_o the_o sea_n than_o the_o value_n of_o the_o money_n of_o the_o realm_n by_o exchange_n contrary_a to_o the_o say_a proclamation_n the_o deliverer_n of_o the_o money_n will_v not_o let_v he_o have_v it_o beside_o that_o the_o taker_n occasion_n be_v in_o a_o manner_n enforce_v by_o necessity_n and_o he_o can_v be_v no_o loser_n for_o by_o this_o direction_n he_o shall_v sell_v his_o commodity_n accord_o english_a merchant_n be_v the_o deliverer_n of_o money_n beyond_o the_o sea_n and_o the_o price_n of_o exchange_n alter_v there_o according_o will_v have_v the_o like_a consideration_n and_o the_o merchant_n stranger_n will_v provoke_v he_o thereunto_o by_o the_o centre_n gain_n whereupon_o their_o eye_n be_v fix_v and_o if_o there_o be_v no_o taker_n of_o merchant_n stranger_n the_o english_a merchant_n may_v bring_v 〈◊〉_d the_o money_n inspecie_fw-la wherein_o he_o shall_v become_v gainer_n when_o the_o exchange_n be_v rectify_v where_o now_o he_o be_v a_o loser_n which_o cause_v he_o to_o import_v no_o money_n although_o as_o misselden_n say_v there_o gate_n stand_v wide_a open_a 135._o p._n 135._o you_o may_v carry_v out_o as_o much_o money_n as_o you_o will_n so_o that_o unless_o we_o have_v be_v guard_n to_o the_o premise_n by_o procure_a importation_n of_o bullion_n and_o money_n and_o prevent_v the_o exportation_n according_a to_o the_o say_a law_n and_o statue_n it_o be_v better_o for_o the_o kingdom_n to_o set_v all_o at_o liberty_n howbeit_o with_o 〈◊〉_d direct_v on_o in_o exchange_n now_o 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herb_n as_o he_o say_v in_o 〈◊〉_d the_o margin_n 134._o p._n 134._o which_o be_v only_o for_o the_o learned_a as_o the_o say_a friar_n cornelius_n be_v wont_a to_o say_v when_o speak_v of_o heretic_n he_o say_v there_o be_v a_o thousand_o burn_v sed_fw-la erant_fw-la cespites_fw-la they_o be_v 〈…〉_o this_o a_o full_a frenzy_n like_o unto_o the_o daughter_n of_o p●●tus_n that_o take_v themselves_o to_o be_v kine_n rage_v like_o hercules_n and_o aiax_n in_o the_o tragedy_n think_v you_o that_o endymion_n do_v ever_o dream_v such_o dream_n or_o the_o seven_o sleeper_n that_o sleep_v from_o the_o 〈◊〉_d decius_n to_o the_o day_n of_o theodosius_n but_o what_o will_v not_o novelty_n and_o singularity_n bring_v forth_o i_o leave_v this_o janu●_n to_o his_o feed_n of_o root_n in_o the_o low_a country_n see_v he_o be_v fall_v from_o a_o gallum●frey_n 〈…〉_o hotchpotch_n of_o other_o man_n cookery_n 30._o p._n 30._o make_v 〈◊〉_d a_o doubt_n whether_o her●●litus_n tear_n be_v more_o see_o to_o lament_v his_o 〈◊〉_d ignorance_n o●_n 〈◊〉_d laughter_n to_o reprove_v his_o foolishness_n sure_o this_o 〈◊〉_d proceed_v of_o some_o deepespeculation_n 142._o p._n 142._o sit_v by_o imagination_n which_o sapor_n king_n of_o 〈◊〉_d in_o the_o centre_n of_o the_o globe_n of_o a_o glass_n behold_v the_o 〈◊〉_d revolution_n of_o commerce_n represent_v 〈◊〉_d balance_n act_v by_o these_o grasshopper_n which_o 〈…〉_o full_a for_o the_o winter_n as_o the_o pismire_n be_v to_o 〈◊〉_d wealth_n whereas_o the_o grasshopper_n be_v a_o 〈…〉_o summer_n and_o die_v in_o winner_n and_o be_v find_v to_o be_v one_o of_o the_o plague_n of_o egypt_n be_v in_o this_o humour_n he_o fall_v into_o time_v 138._o p._n 138._o the_o persian_a trade_n will_v not_o let_v i_o pass_v nor_o the_o fish_n neither_o without_o a_o word_n of_o either_o the_o persian_a trade_n for_o silk_n be_v of_o far_o less_o benefit_n than_o the_o trade_n of_o spice_n and_o other_o east_n india_n commodity_n and_o the_o increase_n of_o the_o manufacture_n thereof_o will_v decrease_v the_o indrape_n of_o our_o wool_n and_o increase_v our_o overballance_n unless_o money_n be_v import_v for_o the_o great_a part_n of_o the_o return_n thereof_o but_o the_o fish_n trade_n propound_v so_o many_o year_n since_o by_o mr._n john_n keymer_n with_o the_o assistance_n of_o the_o noble_a lord_n sheffield_n sir_n william_n cokaine_n knight_n and_o diverse_a other_o worthy_a person_n of_o quality_n who_o have_v promise_v to_o lay_v out_o great_a sum_n of_o money_n therein_o will_v effectual_o improve_v our_o exportation_n and_o afford_v much_o more_o benefit_n than_o any_o persian_a or_o east_n india_n trade_n can_v do_v if_o his_o majesty_n be_v please_v to_o encourage_v they_o with_o previledge_n and_o immunity_n as_o the_o 〈◊〉_d of_o the_o action_n deserve_v but_o the_o envious_a man_n sleep_v not_o who_o be_v able_a upon_o one_o man_n undigested_a opinion_n sometime_o to_o overthrow_v the_o long_a industrous_a study_n of_o other_o that_o sincere_o intend_v the_o common_a good_a shall_v we_o propound_v the_o example_n of_o other_o nation_n concern_v their_o industry_n and_o policy_n and_o shall_v we_o not_o be_v able_a to_o imitate_v they_o can_v they_o increase_v manufacture_n upon_o the_o material_n of_o other_o country_n and_o can_v we_o do_v the_o fame_n of_o our_o own_o stuff_n and_o material_n shall_v we_o run_v into_o remote_a region_fw-la and_o country_n for_o their_o commodity_n to_o make_v a_o benefit_n and_o neglect_v god_n blessing_n at_o home_n before_o their_o own_o door_n do_v we_o feel_v the_o politic_a body_n of_o the_o common_a wealth_n distemper_v and_o full_a of_o disease_n and_o 〈◊〉_d find_v out_o the_o efficient_a cause_n thereof_o shall_v we_o not_o be_v able_a to_o provide_v the_o remedy_n if_o thing_n can_v be_v understand_v in_o plain_a term_n it_o may_v be_v the_o allegory_n follow_v will_v make_v we_o more_o sensible_a of_o natural_a remedy_n a_o allegory_n of_o the_o decay_a trade_n 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the_o centre_n of_o the_o circle_n of_o commerce_n or_o a_o refutation_n of_o a_o treatise_n entitle_v the_o circle_n of_o commerce_n or_o the_o balance_n of_o trade_n late_o publish_v by_o e._n m._n by_o gerard_n malynes_n merchant_n magna_fw-la est_fw-la veritas_fw-la praevaluit_fw-la 〈◊〉_d semper_fw-la praevalebit_fw-la london_n print_v by_o william_n jones_n and_o be_v to_o be_v sell_v by_o nicholas_n bourne_n at_o the_o royal_a exchange_n 1623._o regina_fw-la pecunia_fw-la loquor_fw-la haec_fw-la gaudere_fw-la facit_fw-la sapientis_fw-la nomine_fw-la stultum_fw-la &_o grave_a prudentis_fw-la munus_fw-la obire_fw-la viri_fw-la quisquis_fw-la in_o hac_fw-la non_fw-la est_fw-la sapiens_fw-la quasi_fw-la stultus_fw-la habetur_fw-la &_o quasi_fw-la quod_fw-la vacuum_n sit_fw-la ratione_fw-la caput_fw-la regnat_fw-la in_o incertis_fw-la regina_fw-la pecunia_fw-la rebus_fw-la moribus_fw-la ambiguae_fw-la quae_fw-la stat_fw-la in_o orbe_fw-la deae_fw-la to_o the_o most_o illustrious_a and_o most_o excellent_a prince_n charles_n prince_n of_o wales_n duke_n of_o cornwall_n earl_n of_o chester_n etc._n etc._n it_o may_v please_v your_o highness_n the_o oracle_n of_o apollo_n at_o delphos_n be_v demand_v why_o jupiter_n shall_v be_v the_o chief_a of_o the_o god_n since_o mars_n be_v the_o best_a soldier_n answer_v mars_n be_v valiant_a but_o jupiter_n wise_a conclude_v by_o this_o that_o council_n and_o policy_n be_v of_o more_o force_n to_o subdue_v then_o valour_n parua_fw-la sunt_fw-la arma_fw-la foris_fw-la nisi_fw-la sit_fw-la concilium_fw-la domi_fw-la say_v cicero_n but_o forasmuch_o that_o neither_o wisdom_n nor_o valour_n can_v well_o subsist_v without_o treasure_n since_o money_n have_v obtain_v the_o title_n of_o the_o sinew_n of_o war_n and_o the_o life_n of_o commerce_n i_o hope_v that_o the_o accumulate_v thereof_o may_v proper_o be_v call_v the_o praeheminent_a study_n of_o prince_n when_o the_o same_o be_v procure_v by_o trade_n which_o be_v the_o 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money_n will_v increase_v the_o price_n of_o all_o thing_n whereby_o the_o king_n most_o excellent_a majesty_n shall_v become_v the_o great_a loser_n in_o the_o revenue_n of_o the_o crown_n and_o the_o nobility_n and_o land_a man_n also_o and_o to_o make_v foreign_a coin_n currant_n within_o the_o realm_n will_v overthrow_v his_o majesty_n mint_n and_o abrogate_v a_o mark_n of_o sovereignty_n the_o coin_n of_o money_n hereupon_o have_v in_o the_o epistle_n dedicatory_a of_o the_o say_a treatise_n unto_o his_o sacred_a majesty_n entitle_v the_o maintenance_n of_o free_a trade_n compare_v the_o same_o unto_o the_o little_a fish_n mention_v by_o plutarch_n swim_v before_o the_o great_a whale_n because_o i_o have_v then_o under_o the_o press_n a_o great_a volume_n of_o lex_fw-la mercatoria_fw-la dedicate_v likewise_o unto_o his_o majesty_n and_o both_o present_v unto_o your_o highness_n the_o say_v misselden_n carp_n at_o the_o simile_n and_o direct_v his_o course_n from_o your_o highness_n have_v late_o publish_v a_o opposition_n to_o the_o say_a book_n call_v the_o circle_n of_o commerce_n copious_a of_o uncivil_a speech_n whereby_o in_o respect_n of_o private_a cause_n i_o have_v great_a occasion_n to_o implore_v his_o majesty_n favour_n against_o he_o as_o homer_n do_v ptolemy_n the_o great_a king_n of_o egypt_n against_o the_o rail_a commentary_n of_o zoylus_n but_o the_o matter_n concern_v the_o public_a and_o be_v of_o far_o great_a consequence_n than_o a_o centention_n for_o learning_n i_o be_o compel_v humble_o to_o beseech_v your_o highness_n to_o intercede_v for_o i_o unto_o his_o sacred_a majesty_n to_o be_v well_o please_v to_o peruse_v this_o my_o three_o book_n entitle_v the_o centre_n of_o the_o circle_n of_o commerce_n wherein_o the_o mean_n to_o provide_v his_o kingdom_n and_o dominion_n with_o bullion_n &_o money_n be_v more_o distinct_o declare_v according_a to_o the_o say_a centre_n of_o commerce_n which_o be_v gain_n without_o which_o his_o circle_n be_v vain_a to_o make_v a_o definition_n of_o the_o centre_n of_o the_o earth_n be_v difficult_a even_o among_o learned_a philosopher_n and_o schoolman_n consider_v aristotle_n his_o doctrine_n ground_v upon_o levity_n of_o thing_n ascend_v and_o gravity_n of_o thing_n fall_v to_o their_o centre_n and_o the_o opinion_n of_o copernicus_n or_o rather_o of_o the_o pythagorian_o ascribe_v a_o stability_n to_o the_o heaven_n and_o a_o mobility_n to_o the_o earth_n but_o to_o make_v a_o definition_n of_o this_o centre_n gain_n be_v easy_a and_o engraft_v in_o every_o man_n judgement_n this_o centre_n make_v a_o perfect_a orb_n include_v all_o geometrical_a proportion_n and_o can_v answer_v all_o mathematical_a problem_n of_o trade_n for_o the_o double_n of_o the_o cube_n of_o solid_n and_o the_o quadrature_n of_o the_o circle_n in_o plain_a without_o plato_n exposition_n or_o misseldens_n conceit_a balance_n of_o trade_n for_o all_o the_o weight_n of_o commerce_n fall_v within_o the_o circuit_n of_o the_o circle_n of_o this_o centre_n gain_n insomuch_o that_o if_o the_o due_a consideration_n hereof_o be_v neglect_v in_o the_o course_n of_o trade_n nothing_o can_v be_v expect_v but_o the_o decay_n of_o trade_n and_o destruction_n of_o commonweal_n according_a to_o the_o demonstration_n of_o the_o follow_a allegory_n to_o a_o disease_a body_n natural_a so_o that_o statesman_n and_o politician_n be_v to_o bend_v their_o judgement_n in_o all_o public_a cause_n to_o this_o centre_n gain_n which_o bear_v the_o sway_n in_o all_o humane_a action_n thereby_o to_o find_v out_o all_o fallacy_n and_o misprision_n of_o trade_n to_o the_o increase_n of_o the_o kingdom_n stock_n without_o private_a regard_n of_o particular_a merchant_n make_v their_o benefit_n by_o the_o general_a loss_n of_o the_o kingdom_n there_o be_v no_o man_n so_o simple_a but_o will_v avoid_v a_o loss_n if_o he_o can_v and_o on_o the_o contrary_a procure_v a_o gain_n where_o he_o may_v or_o can_v shall_v it_o be_v imagine_v then_o that_o bullion_n &_o money_n will_v be_v import_v when_o the_o bringer_n thereof_o become_v a_o loser_n or_o that_o money_n will_v remain_v within_o the_o realm_n when_o so_o great_a a_o gain_n can_v be_v have_v by_o the_o exportation_n thereof_o or_o will_v any_o man_n think_v that_o trade_n can_v be_v drive_v convenient_o without_o money_n and_o exchange_n will_v not_o the_o want_n of_o it_o make_v a_o dead_a trade_n within_o the_o realm_n when_o this_o vital_a spirit_n of_o commerce_n fail_v sure_o it_o be_v questionless_a in_o every_o man_n understanding_n your_o highness_n therefore_o may_v be_v please_v to_o advance_v the_o establish_n of_o this_o centre_n in_o the_o course_n of_o trade_n whereby_o his_o majesty_n kingdom_n and_o dominion_n will_v flow_v with_o bullion_n and_o money_n and_o infuse_v life_n thereunto_o which_o will_v be_v feel_v by_o the_o pulse_n the_o hammer_n of_o the_o mint_n upon_o my_o life_n and_o reputation_n of_o knowledge_n which_o time_n and_o occasion_n seem_v to_o further_a by_o the_o price_n of_o exchange_n incline_v thereunto_o since_o this_o treatise_n have_v be_v under_o the_o press_n if_o any_o thing_n therein_o shall_v seem_v impertinent_a to_o the_o gravity_n of_o the_o centre_n i_o beseech_v your_o highness_n to_o attribute_v the_o same_o to_o the_o levity_n of_o the_o circle_n the_o rather_o because_o nugae_fw-la seria_fw-la ducunt_fw-la thus_o with_o all_o humbleness_n take_v leave_n i_o shall_v continue_v my_o fervent_a prayer_n to_o the_o almighty_a to_o preserve_v your_o highness_n in_o health_n and_o happiness_n to_o his_o glory_n and_o your_o eternal_a felicity_n london_n the_o 20._o of_o november_n 1623._o your_o highness_n most_o obedient_a servant_n gerard_n malynes_n the_o centre_n of_o the_o circle_n of_o commerce_n or_o a_o refutation_n of_o a_o treatise_n entitle_v the_o circle_n of_o commerce_n late_o publish_v by_o e._n m._n the_o proem_n strong_a imagination_n nourish_v by_o opinion_n may_v cause_v most_o man_n to_o suppose_v that_o edward_n misselden_n s●allenger_n sallust_n of_o s●allenger_n in_o who_o the_o babylon_n of_o learning_n
money_n and_o exchange_n have_v be_v make_v as_o in_o the_o margin_n in_o primo_fw-la of_o king_n henry_n the_o eight_o sir_n thomas_z bullen_z knight_n be_v the_o king_n exchanger_n by_o letter_n patent_n for_o all_o change_n and_o rechange_n for_o foreign_a part_n as_o by_o the_o record_n appear_v in_o his_o majesty_n exchequer_n and_o there_o also_o you_o shall_v find_v that_o during_o the_o r●igne_n of_o the_o say_a king_n henry_n the_o seven_o one_o petrus_n contarin_n a_o venetian_a merchant_n be_v sue_v in_o the_o ten_o year_n of_o his_o reign_n upon_o the_o say_a statute_n and_o the_o like_a ●u●e_n be_v bring_v in_o the_o ninteenth_fw-mi year_n follow_v against_o dominico_n polli●o●o_o the_o pope_n collector_n and_o lorenzo_n alb●rti_fw-la upon_o the_o like_a condemnation_n do_v pay_v 933_o l._n cron._n graftons_n cron._n this_o cause_v the_o say_a king_n henry_n the_o eight_o in_o the_o twenty_o two_o year_n of_o his_o reign_n to_o make_v a_o very_a severe_a proclamation_n that_o no_o person_n shall_v make_v any_o exchange_n contrary_a to_o the_o true_a meaning_n of_o the_o say_a act_n and_o statute_n but_o as_o war_n discompound_v all_o good_a order_n and_o necessity_n have_v no_o law_n so_o in_o the_o latter_a end_n of_o this_o king_n reign_n by_o reason_n of_o the_o base_a money_n then_o coin_a this_o office_n of_o exchange_n do_v discontinue_v and_o in_o edward_n the_o sixth_o his_o time_n the_o practice_n of_o exchange_n be_v for_o a_o time_n prohibit_v but_o upon_o urgent_a necessity_n of_o the_o convenience_n thereof_o again_o admit_v unto_o merchant_n in_o the_o begin_n of_o the_o reign_n of_o the_o late_a queen_n elizabeth_n of_o bless_a memory_n the_o abuse_n of_o exchange_n be_v call_v in_o question_n by_o m_n r._n hussly_n governor_n of_o the_o merchant_n aduenturor_n afterward_o the_o lord_n burghley_n lord_n treasurer_n of_o england_n have_v a_o grant_n by_o letter_n patent_n of_o the_o say_a office_n for_o 23._o year_n who_o not_o be_v inform_v how_o the_o same_o shall_v be_v true_o govern_v after_o proclamation_n make_v can_v not_o find_v convenient_a mean_n to_o establish_v the_o same_o this_o in_o progress_n of_o time_n do_v touch_v the_o say_a lord_n so_o much_o in_o his_o honour_n and_o reputation_n that_o his_o son_n sir_n robert_n cecil_n lord_n treasurer_n of_o england_n after_o he_o will_v never_o incline_v to_o establish_v the_o say_a office_n much_o less_o to_o reform_v the_o abuse_n thereof_o beside_o some_o other_o consideration_n may_v move_v he_o because_o the_o business_n be_v propound_v by_o other_o so_o that_o misselden_n do_v speak_v untrue_o that_o the_o same_o be_v reject_v 92._o p._n 92._o for_o it_o have_v still_o continue_v and_o be_v in_o agitation_n even_o as_o the_o fish_n trade_n hitherto_o neglect_v whereof_o more_o hereafter_o the_o importance_n of_o the_o matter_n of_o exchange_n prince_n treaty_n of_o exchange_n with_o other_o prince_n do_v not_o only_o appear_v by_o the_o say_v general_a act_n of_o parliament_n hitherto_o unrepeal_v and_o now_o most_o necessary_a than_o ever_o to_o be_v put_v in_o practice_n but_o also_o by_o diverse_a treaty_n that_o the_o king_n of_o england_n have_v have_v by_o many_o conferrence_n with_o other_o prince_n and_o state_n concern_v the_o loss_n sustain_v thereby_o now_o utter_o neglect_v let_v it_o be_v consider_v what_o incredible_a loss_n england_n sustain_v when_o we_o loose_v above_o two●shillings_n in_o the_o pound_n when_o the_o duchess_n of_o savoy_n regent_n of_o the_o low_a country_n allege_v that_o one_o half_a penny_n in_o the_o pound_n loss_n will_v ruin_v the_o state_n of_o those_o country_n as_o by_o ancient_a record_n in_o the_o exchequer_n appear_v king_n henry_n the_o eight_o be_v come_v to_o calais_n require_v the_o archdutches_n of_o austria_n than_o governor_n of_o the_o low_a country_n to_o permit_v his_o gold_n and_o silver_n to_o pass_v currant_n in_o her_o dominion_n a_o little_a above_o the_o true_a value_n thereof_o for_o the_o better_a enable_v of_o his_o soldier_n and_o merchant_n the_o duchess_n dispatch_v thomas_n gramay_n general_n of_o her_o mint_n and_o john_n dewsbrooke_n her_o assay-master_n with_o instruction_n to_o the_o king_n of_o england_n advertise_v he_o consideration_n notable_a consideration_n that_o to_o suffer_v the_o english_a coin_n run_v at_o a_o overvalue_n be_v against_o all_o statute_n and_o ordinance_n of_o the_o mint_n and_o that_o it_o will_v redound_v to_o the_o great_a scandal_n loss_n and_o harm_n to_o the_o commonweal_n and_o the_o harm_n and_o loss_n shall_v be_v so_o great_a that_o it_o be_v impossible_a to_o esteem_v it_o for_o the_o merchant_n find_v that_o more_o may_v be_v get_v in_o england_n then_o in_o her_o do●inions_n for_o bullion_n by_o this_o overualuation_n of_o the_o english_a coin_n will_v carry_v away_o all_o five_o gold_n melt_v and_o unmolten_a not_o only_o in_o ingot_n but_o also_o in_o piece_n of_o gold_n make_v in_o the_o archduke_n mint_n to_o convert_v they_o into_o angel_n noble_n by_o which_o mean_v the_o country_n and_o subject_n of_o the_o same_o shall_v be_v total_o consume_v spoil_v and_o destroy_v which_o will_v turn_v to_o a_o damage_n inestimable_a the_o like_a be_v affirm_v to_o ensue_v by_o the_o toleration_n of_o our_o english_a silver_n money_n to_o be_v over_o value_v centre_n gaine_n be_v still_o the_o centre_n because_o all_o merchant_n for_o their_o gain_n will_v carry_v into_o england_n not_o only_o the_o material_n of_o silver_n but_o also_o piece_n coin_a whereby_o the_o intercourse_n of_o merchandise_n shall_v cease_v and_o the_o merchant_n shall_v become_v merchant_n of_o silver_n without_o sell_v any_o other_o ware_n or_o merchandise_n furthermore_o she_o plead_v that_o never_o any_o prince_n will_v permit_v strange_a money_n to_o pass_v high_a than_o his_o own_o but_o that_o of_o custom_n they_o use_v the_o contrary_n and_o which_o be_v most_o effectual_a she_o urge_v that_o the_o ordinance_n of_o the_o mint_n for_o the_o benefit_n of_o the_o prince_n and_o his_o subject_n ought_v ever_o to_o be_v keep_v of_o good_a policy_n for_o a_o law_n firm_a and_o stable_a forasmuch_o the_o mean_n of_o prince_n and_o of_o nobleman_n together_o with_o the_o rent_n fee_n and_o wage_n of_o all_o his_o subject_n be_v tax_v and_o value_v and_o all_o merchandise_n rule_v and_o govern_v thereby_o wherefore_o without_o great_a necessity_n or_o evident_a utility_n no_o alteration_n ought_v to_o be_v make_v in_o the_o price_n of_o money_n upon_o this_o remoustrance_n the_o archdutchesse_n commissioner_n &_o the_o mint-master_n of_o the_o tower_n make_v assay_n of_o all_o english_a and_o flemish_a coin_n and_o after_o long_o dispute_v and_o wrangle_v the_o king_n can_v never_o obtain_v to_o have_v his_o coin_n pass_v at_o a_o half_a penny_n above_o the_o true_a value_n what_o shall_v we_o say_v of_o these_o our_o day_n wherein_o we_o suffer_v so_o great_a a_o underualuation_n of_o our_o money_n in_o exchange_n and_o inhauno_v of_o foreign_a coin_n whereby_o the_o trade_n be_v decay_v the_o realm_n impoverish_v and_o every_o man_n in_o a_o manner_n undo_v be_v all_o the_o precedent_a law_n and_o ordinance_n make_v in_o vain_a and_o forget_v when_o hercules_n have_v lo●t_v his_o ox_n god_n bateman_n in_o his_o leaden_a god_n and_o have_v long_o time_n seek_v they_o in_o vain_a they_o be_v at_o last_o discover_v by_o their_o bellow_n to_o be_v in_o cacus_n den_n now_o cacos_fw-la in_o greek_a signify_v evil_a which_o draw_v man_n backward_o by_o the_o tail_n as_o cacus_n do_v the_o ox_n whenc_n i_o do_v conclude_v that_o the_o say_v law_n and_o ordinance_n be_v hide_v in_o misseldens_n den_n for_o in_o his_o circle_n he_o will_v take_v no_o notice_n of_o they_o 9_o p._n 9_o but_o keep_v they_o back_o but_o thanks_n be_v give_v unto_o god_n and_o honour_n to_o the_o king_n who_o out_o of_o his_o princely_a care_n and_o providence_n have_v hercules_n strength_n to_o put_v the_o say_a law_n in_o execution_n to_o which_o purpose_n and_o to_o advance_v trade_n his_o highness_n have_v be_v gracious_o please_v first_o to_o grant_v a_o special_a committee_n to_o examine_v the_o cause_n of_o the_o decay_n of_o trade_n next_o a_o especial_a commission_n direct_v to_o diverse_a noble_a personage_n and_o privy_a councillor_n of_o state_n associate_v with_o most_o worthy_a person_n of_o quality_n to_o divise_v wholesome_a remedy_n for_o these_o disease_n wherein_o they_o bestow_v unfatigable_a industry_n and_o pain_n to_o receive_v all_o information_n which_o may_v conduce_v they_o to_o find_v out_o the_o true_a remedy_n and_o discern_v they_o from_o all_o fallacy_n to_o they_o i_o doubt_v not_o my_o labour_n will_v be_v acceptable_a do_v free_o and_o sincere_o for_o the_o common_a good_a it_o may_v be_v that_o the_o reformation_n hereof_o have_v also_o be_v reserve_v until_o these_o day_n now_o the_o
fetch_v their_o axis_fw-la home_n thus_o end_v misseldens_n song_n with_o my_o contrator_n concern_v the_o cloth_n trade_n wherein_o we_o find_v a_o centre_n for_o the_o public_a good_a in_o general_n come_v we_o now_o to_o the_o examination_n of_o the_o trade_n from_o england_n to_o the_o east_n indies_n indies_n the_o trade_n for_o the_o east_n indies_n by_o the_o say_a centre_n of_o commerce_n namely_o gain_n where_o misselden_n according_a to_o his_o ordinary_a custom_n thus_o chant_v against_o i_o and_o we_o shall_v find_v that_o the_o say_a trade_n be_v unprofitable_a for_o england_n this_o company_n also_o that_o deserve_v so_o much_o pity_n can_v escape_v malynes_n envy_n for_o here_o he_o endevore_v close_o and_o cunning_o to_o insinuate_v that_o the_o cause_n of_o the_o want_n of_o money_n be_v the_o ready_a money_n send_v to_o the_o east_n indies_n in_o real_n of_o plate_n again_o 37._o p._n 37._o malynes_n take_v notice_n of_o m._n mun_n discourse_n of_o the_o east_n india_n trade_n whereby_o he_o be_v force_v to_o confess_v that_o the_o employment_n of_o the_o east_n india_n company_n be_v very_o profitable_a and_o necessary_a that_o the_o gain_n of_o the_o trade_n be_v very_o good_a that_o thereby_o the_o increase_n of_o the_o stock_n of_o the_o kingdom_n be_v very_o great_a that_o the_o same_o be_v a_o mean_n to_o bring_v in_o much_o treasure_n etc._n etc._n concern_v the_o first_o part_n that_o i_o do_v insinuate_v that_o the_o cause_n of_o the_o want_n of_o money_n be_v the_o ready_a money_n send_v to_o the_o east_n indies_n i_o be_o so_o far_o from_o that_o that_o although_o there_o be_v one_o hundred_o thousand_o pound_n send_v yearly_a where_o there_o be_v only_o appoint_v thirty_o thousand_o i_o will_v find_v no_o fault_n with_o it_o if_o trade_n be_v so_o carry_v that_o money_n be_v import_v and_o that_o the_o return_n of_o the_o east_n india_n commodity_n retransport_v do_v procure_v money_n from_o other_o place_n and_o more_o especial_o if_o there_o be_v a_o centre_n or_o gain_v answerable_a to_o the_o adventure_n which_o cause_v i_o to_o say_v if_o the_o discourse_n of_o the_o trade_n from_o england_n into_o the_o east_n indies_n be_v true_o collect_v no_o doubt_n the_o say_a trade_n may_v be_v find_v very_o profitable_a hereafter_o albeit_o it_o have_v be_v very_o difficult_a in_o the_o beginning_n but_o forasmuch_o as_o misseldens_n word_n and_o construction_n have_v move_v i_o to_o examine_v the_o say_a discourse_n far_o and_o for_o that_o my_o opinion_n have_v always_o be_v that_o our_o excessive_a charge_n will_v consume_v all_o i_o have_v think_v convenient_a to_o examine_v the_o say_a discourse_n as_o it_o be_v lay_v down_o according_a to_o which_o to_o frame_v our_o argument_n abeffectis_fw-la let_v we_o lay_v our_o foundation_n upon_o m_n r._n mun_n abstract_a of_o the_o account_n collect_v out_o of_o the_o diverse_a volume_n of_o the_o east_n india_n book_n of_o all_o the_o money_n and_o commodity_n send_v thither_o from_o the_o begin_n of_o the_o say_a trade_n until_o july_n 1620_o be_v the_o space_n of_o 20_o year_n or_o thereabouts_o as_o appear_v pag._n 39_o which_o be_v do_v to_o satisfy_v the_o parliament_n concern_v the_o imputation_n of_o the_o money_n export_v by_o they_o all_o the_o ready_a money_n send_v out_o of_o the_o realm_n and_o from_o all_o other_o place_n whatsoever_o beyond_o the_o sea_n he_o say_v to_o be_v 548090_o l_o starlin_n and_o all_o the_o commodity_n both_o english_a and_o foreign_a ware_n which_o have_v be_v send_v thither_o during_o that_o time_n amount_v in_o all_o but_o 292286._o so_o the_o stock_n of_o money_n and_o commodity_n send_v in_o all_o be_v 840376_o l_o bring_v home_n in_o diverse_a sort_n of_o ware_n within_o that_o time_n 356288_o l._n the_o loss_n sustain_v by_o the_o hollander_n and_o charge_n estimed_a at_o 84088_o l._n so_o there_o remain_v for_o both_o the_o joint_a stock_n in_o the_o east_n indies_n 400_o thousand_o pound_n which_o do_v balance_v this_o account_n whereof_o diverse_a return_n be_v make_v the_o nature_n of_o the_o commodity_n be_v to_o be_v consider_v by_o way_n of_o commutation_n call_v negotiativa_fw-la considete_v the_o nature_n of_o commodity_n to_o be_v considete_v whether_o they_o be_v natural_a or_o artificial_a or_o both_o wherein_o the_o manufacture_n be_v much_o to_o be_v regard_v for_o the_o rule_n of_o pollitition_n require_v that_o the_o commodity_n export_v shall_v be_v sell_v proportionable_o to_o the_o commodity_n import_v with_o a_o consideration_n of_o custom_n charge_n adventure_n ship_v and_o regard_n of_o time_n person_n and_o place_n with_o the_o circumstance_n etc._n etc._n the_o commodity_n import_v be_v 356288_o l._n as_o above_o say_v be_v sell_v although_o the_o most_o part_n be_v transport_v for_o other_o place_n for_o 1914_o thousand_o and_o six_o hundred_o pound_n according_a to_o which_o proportion_n the_o commodity_n export_v shall_v produce_v 1558_o thousand_o 858_o l_o that_o be_v to_o say_v five_o and_o one_o three_o part_n for_o one_o whereas_o our_o commodity_n have_v produce_v by_o this_o account_n but_o 22_o pro_fw-la cento_fw-la in_o lieu_n thereof_o which_o be_v not_o one_o forth_o part_n of_o one_o for_o they_o do_v cost_v 292286_o l._n as_o aforesaid_a and_o there_o be_v in_o return_v but_o employ_v 356288_o l_o which_o be_v but_o 64002_o l._n more_o so_o that_o the_o principal_n be_v but_o come_v home_o and_o the_o say_v 64_o thousand_o pound_n which_o be_v but_o 22_o pro_fw-la 100_o in_o three_o year_n time_n with_o great_a adventure_n to_o the_o kingdom_n loss_n in_o stock_n ship_v mariner_n and_o all_o thing_n beside_o to_o be_v get_v and_o save_v otherwise_o this_o disproportion_n be_v far_o great_a if_o we_o consider_v that_o the_o say_v good_n be_v carry_v thither_o by_o our_o ship_n and_o we_o pay_v they_o great_a custom_n for_o their_o commodity_n than_o they_o pay_v without_o adventure_n of_o the_o sea_n and_o the_o circumstance_n aforesaid_a the_o first_o assertion_n than_o be_v that_o by_o our_o native_a commodity_n to_o be_v send_v into_o the_o east_n indies_n assertion_n 1._o assertion_n there_o be_v no_o benefit_n to_o be_v make_v but_o rather_o a_o evident_a loss_n and_o the_o foreign_a commodity_n send_v thither_o namely_o elephant_n tooth_n quicksilver_n vermillion_n and_o other_o thing_n have_v yield_v more_o gain_n than_o our_o clothes_n lead_v tin_n &c_n &c_n which_o upon_o due_a consideration_n be_v no_o gain_n but_o a_o mere_a loss_n consider_v we_o of_o the_o commodity_n return_v and_o sell_v for_o 1914_o thousand_o 600_o pound_n produce_v five_o and_o one_o three_o part_n for_o one_o towards_o custom_n charge_n and_o all_o other_o thi_v as_o aforesaid_a and_o we_o shall_v be_v ravish_v with_o admiration_n upon_o examination_n of_o the_o price_n in_o particular_a by_o the_o say_a author_n declare_v this_o calculation_n be_v to_o be_v make_v between_o the_o commodity_n buy_v in_o the_o east_n indies_n withal_o charge_n and_o the_o sale_n of_o they_o in_o england_n without_o charge_n 44._o p._n 11_o &_o 44._o pepper_n at_o 2_o do_v ½_n the_o pound_n sell_v for_o 20_o do_v be_v 8_o for_o 1._o clove_n at_o 9_o do_v sell_v for_o 5_o s_o be_v 6_o and_o two_o three_o for_o 1._o nutmeg_n at_o 4_o d._n the_o l_o sell_v at_o 3_o s_o be_v full_a 9_o for_o 1._o mace_n at_o 8_o d._n the_o pound_n sell_v for_o 6_o s_o be_v full_a 9_o for_o 1._o indigo_n at_o 14_o d._n the_o l_o sell_v for_o 5_o s_o be_v but_o 4⅓_n for_o 1._o raw-silke_n at_o 8_o s._n the_o l_o sell_v for_o 20_o s_o be_v but_o 2_o ½_n for_o 1._o wherein_o the_o quantity_n of_o each_o kind_n of_o commodity_n be_v much_o to_o be_v respect_v to_o make_v a_o true_a calculation_n hereupon_o any_o man_n of_o mean_a judgement_n may_v easy_o perceive_v that_o the_o inferrence_n to_o make_v the_o east_n india_n trade_n more_o profitable_a by_o the_o employment_n to_o be_v increase_v of_o indigo_n and_o silk_n by_o the_o persian_a 14._o p._n 7._o &_o 14._o gulf_n be_v altogether_o mistake_v for_o if_o spice_n which_o yield_v 7._o 8._o and_o 9_o for_o one_o have_v procure_v but_o small_a gain_n how_o shall_v silk_n and_o indigo_n augment_v and_o increase_v the_o same_o when_o they_o produce_v but_o 2½_n for_o one_o and_o 4_o ⅓_n which_o be_v very_a deed_n breed_v a_o loss_n upon_o the_o aforesaid_a employment_n and_o decrease_v the_o same_o the_o second_o assertion_n therefore_o be_v assertion_n 2._o assertion_n that_o this_o imaginary_a blessing_n arise_v by_o the_o intend_a employment_n to_o be_v make_v in_o silk_n and_o indigo_n be_v mistake_v and_o hurtful_a to_o the_o realm_n especial_o if_o the_o manufacture_n of_o silk_n be_v increase_v in_o derogation_n of_o the_o manufacture_n of_o our_o native_a material_n but_o some_o affection_a east_n india_n merchant_n will_v
8._o now_o deduct_v of_o the_o abovesaid_a 953543_o l_o the_o gain_n of_o the_o silk_n be_v 200_o thousand_o pound_n there_o remain_v 753543_o l_o whereof_o the_o sixth_o part_n save_v for_o england_n come_v near_o to_o 108_o thousand_o pound_n which_o be_v as_o much_o as_o all_o the_o spice_n and_o indigo_n sell_v in_o one_o year_n in_o england_n come_v to_o as_o aforesaid_a whereby_o it_o appear_v that_o england_n save_v yearly_a that_o sum_n there_o be_v as_o it_o be_v nothing_o spend_v in_o spice_n and_o indigo_n which_o he_o may_v very_o well_o call_v to_o be_v incredible_a so_o that_o our_o four_o assertion_n be_v assertion_n 4._o assertion_n that_o there_o will_v be_v find_v a_o apparent_a great_a loss_n by_o all_o this_o negociation_n and_o detriment_n to_o the_o kingdom_n stock_n both_o for_o money_n and_o commodity_n and_o that_o there_o be_v not_o 953543_o l._n save_v in_o money_n yearly_a in_o christendom_n especial_o the_o portugal_n east_n india_n trade_n consider_v now_o if_o upon_o the_o matter_n we_o do_v consider_v the_o custom_n and_o impost_n the_o factor_n officer_n and_o mariner_n wage_n without_o interest_n of_o money_n and_o assurance_n all_o will_v prove_v but_o transmutation_n without_o increase_n but_o with_o the_o great_a decrease_n of_o the_o kingdom_n stock_n but_o to_o prove_v that_o the_o say_v account_n be_v make_v at_o random_n 27._o p._n 27._o rove_a at_o the_o matter_n let_v we_o consider_v of_o the_o proportion_n make_v by_o he_o of_o 100_o thousand_o pound_n in_o ready_a money_n to_o be_v employ_v yearly_a whereof_o there_o be_v 52499_o l_o in_o raw_a silk_n and_o calico_n and_o but_o 47501_o l_o in_o spice_n and_o indigo_n which_o shall_v produce_v 500_o thousand_o pound_n or_o thereabouts_o he_o do_v allot_v 120_o thousand_o pound_n to_o england_n and_o 380_o thousand_o pound_n for_o transportation_n and_o of_o this_o 120_o thousand_o pound_n there_o be_v 108333●_n 6._o 8._o in_o spice_n and_o indigo_n name_v in_o the_o sequel_n of_o his_o discourse_n which_o be_v now_o become_v one_o three_o part_n of_o all_o the_o spice_n and_o indigo_n to_o be_v bring_v in_o by_o the_o employment_n of_o the_o say_v 100_o thousand_o pound_n amount_v to_o 337083_o l._n 6._o 8._o now_o if_o we_o take_v the_o like_a proportion_n of_o raw_a silk_n &_o calico_n of_o 162916._o 13._o 4._o to_o make_v up_o the_o say_v 500_o thousand_o pound_n which_o be_v one_o three_o it_o will_v amount_v to_o 54305_o l._n 6._o 8._o which_o with_o the_o 108333_o l⅓_n l⅓_n make_v 162638_o l._n 13._o 4._o which_o be_v 42638_o l._n 13._o 4._o more_o than_o he_o have_v allot_v to_o england_n to_o be_v spend_v in_o a_o year_n which_o be_v a_o manifest_a contradiction_n the_o consideration_n hereof_o cause_v some_o merchant_n of_o that_o company_n to_o be_v as_o crafty_a as_o aesop_n fox_n who_o be_v desirous_a to_o drink_v find_v a_o well_o with_o two_o bucket_n and_o enter_v into_o one_o of_o the_o bucket_n descend_v sudden_o into_o the_o water_n but_o have_v satiate_v his_o thirst_n can_v not_o get_v out_o until_o one_o of_o the_o goat_n of_o this_o tropic_a of_o capricorn_n come_v to_o the_o say_v well_o tibi_fw-la primum_fw-la mihi_fw-la secundum_fw-la tibi_fw-la who_o he_o persuade_v by_o the_o goodness_n of_o the_o water_n and_o by_o make_v she_o believe_v that_o the_o moon_n shine_v in_o the_o water_n be_v a_o holland_n cheese_n to_o be_v divide_v between_o they_o to_o enter_v into_o the_o other_o bucket_n which_o do_v down_o come_v the_o goat_n by_o reason_n of_o her_o weight_n and_o up_o come_v the_o fox_n leave_v the_o goat_n in_o the_o well_o even_o so_o have_v some_o merchant_n do_v by_o extol_v the_o great_a gain_n of_o this_o trade_n until_o they_o have_v draw_v themselves_o out_o by_o sell_v their_o adventure_n leave_v the_o buyer_n to_o the_o hazard_n of_o the_o loss_n which_o be_v no_o doubt_n to_o they_o well_o know_v for_o to_o make_v the_o best_a construction_n hereof_o we_o may_v conclude_v that_o 400_o thousand_o pound_n lose_v by_o his_o account_n in_o the_o say_a indies_n be_v since_o come_v home_o and_o employ_v by_o the_o several_a factor_n in_o the_o say_a indies_n and_o most_o of_o it_o in_o silk_n and_o indigo_n and_o yet_o there_o be_v want_v 148_o thousand_o pound_n of_o the_o stock_n of_o 840_o thousand_o adventure_v account_v the_o former_a return_n make_v to_o proceed_v of_o the_o commodity_n &_o gain_n as_o aforesaid_a which_o be_v almost_o one_o sixth_o part_n of_o the_o stock_n adventure_v to_o the_o indies_n whereof_o this_o account_n give_v no_o satisfaction_n at_o all_o unless_o the_o 31079_o l_o lose_v in_o six_o ship_n cast_v away_o be_v parcel_n thereof_o the_o conclusion_n which_o the_o say_a author_n make_v be_v that_o the_o east_n india_n trade_n alone_o although_o it_o be_v drive_v in_o no_o ample_a manner_n than_o be_v afore_o write_v be_v a_o mean_n to_o bring_v in_o more_o treasure_n into_o this_o realm_n than_o all_o the_o other_o trade_n of_o this_o kingdom_n as_o they_o be_v now_o manage_v be_v put_v together_o for_o if_o the_o rule_n be_v true_a that_o when_o the_o value_v of_o our_o commodity_n export_v do_v overballance_v the_o worth_n of_o all_o those_o foreign_a ware_n which_o be_v import_v and_o consume_v in_o this_o kingdom_n than_o the_o remainder_n of_o our_o stock_n which_o be_v send_v forth_o must_v of_o necessity_n return_v to_o we_o in_o treasure_n we_o must_v imagine_v it_o will_v do_v so_o with_o we_o in_o time_n here_o you_o may_v see_v from_o whence_o misselden_n draw_v his_o balance_n of_o trade_n which_o he_o never_o dut_v undertake_v to_o maintain_v before_o the_o aforesaid_a his_o majesty_n commissioner_n who_o have_v often_o call_v he_o by_o warrant_n and_o otherwise_o for_o he_o be_v not_o able_a to_o maintain_v a_o other_o man_n proiect._n we_o have_v already_o show_v the_o incertainty_n of_o the_o say_a balance_n and_o in_o the_o remedy_n we_o shall_v entreat_v thereof_o further_o nevertheless_o 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and_o sell_v they_o beyond_o the_o sea_n for_o 5_o s._n 6_o d._n where_o he_o receive_v a_o rickx_n doller_n for_o 5_o s._n or_o 50_o stivers_n and_o moreover_o 5_o single_a stivers_n take_v to_o be_v worth_a 6_o d._n and_o so_o get_v 10_o pro_fw-la cento_fw-la suppose_v now_o that_o the_o overballance_n be_v on_o our_o side_n and_o this_o allege_a necessity_n show_v her_o operation_n and_o that_o he_o that_o sell_v the_o say_v glove_n bring_v over_o this_o rickx_n doller_n and_o the_o 5_o single_a stivers_n and_o go_v to_o exchange_v they_o no_o man_n will_v give_v he_o above_o 4_o s._n 6_o d._n for_o his_o doller_n and_o 4_o d_o for_o his_o 5_o stivers_n which_o be_v the_o true_a intrinsique_n value_n where_o be_v now_o his_o gain_n of_o 10_o pro_fw-la cento_fw-la when_o he_o lose_v 2_o d_o of_o his_o 5_o s_z beside_o his_o labour_n charge_n and_o custom_n but_o how_o shall_v this_o revolution_n of_o overballance_v ever_o come_v to_o pass_v when_o we_o use_v no_o mean_n thereunto_o as_o other_o nation_n do_v as_o shall_v be_v declare_v in_o the_o next_o chapter_n to_o conclude_v then_o with_o the_o east_n india_n trade_n wherein_o we_o find_v no_o centre_n let_v we_o have_v a_o care_n that_o the_o money_n proceed_v of_o spice_n and_o silk_n may_v be_v partly_o import_v into_o the_o realm_n to_o increase_v treasure_n russia_n trade_n for_o russia_n the_o trade_n for_o russia_n be_v in_o time_n pass_v very_o profitable_a for_o the_o vent_n of_o our_o colour_a clothes_n and_o return_v from_o thence_o very_o useful_a commodity_n as_o tallow_n wax_n hides_n fur_n and_o other_o ware_n which_o for_o the_o most_o part_n be_v carry_v out_o again_o for_o france_n &_o other_o place_n make_v provision_n for_o wine_n canvas_n etc._n etc._n for_o heretofore_o the_o commodity_n of_o