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Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
money_n account_n creditor_n debtor_n 1,494 5 12.7915 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A55328 A vindication of some assertions relating to coin and trade from the reflections made by the author of the essay on ways and means, in his book, intituled, Discourses on the publick revenues, and on the trade of England,&c. part. II. Davenant, Charles, 1656-1714.; Pollexfen, John, b. ca. 1638, attributed name. 1699 (1699) Wing P2780A; ESTC R218299 74,792 187

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for_o they_o not_o agree_v with_o his_o opinion_n he_o only_o pick_v out_o one_o weak_a passage_n of_o each_o and_o pass_v by_o the_o substantial_a part_n in_o silence_n despise_v all_o information_n as_o well_o as_o expericence_n and_o therefore_o it_o shall_v not_o be_v admire_v that_o there_o be_v such_o contradiction_n in_o his_o notion_n as_o they_o refer_v one_o to_o another_o or_o to_o the_o practical_a part_n or_o that_o he_o shall_v in_o his_o computation_n run_v into_o error_n and_o mistake_v loss_n for_o gain_n or_o the_o dr._n side_n for_o the_o creditor_n side_n page_n 210._o we_o shall_v endeavour_v to_o show_v that_o general_o speak_v by_o whatever_o the_o return_n be_v more_o worth_a than_o the_o commodity_n export_v the_o nation_n be_v so_o much_o a_o gainer_n let_v the_o commodity_n be_v perishable_a or_o not_o page_n 219._o we_o agree_v so_o far_o with_o that_o mr._n p_o when_o we_o speak_v of_o trade_n in_o general_n the_o gain_n be_v so_o much_o only_o as_o the_o nation_n do_v not_o consume_v of_o the_o import_v but_o either_o lay_v up_o in_o commodity_n in_o specie_fw-la or_o convert_v into_o money_n or_o some_o such_o adequate_a treasure_n these_o two_o paragraph_n be_v here_o take_v notice_n off_o not_o only_o because_o they_o stand_v in_o direct_a opposition_n but_o to_o discover_v how_o his_o mistake_a notion_n p._n 210._o have_v lead_v the_o author_n into_o a_o way_n of_o reckon_a loss_n for_o gain_n suppose_v one_o million_o of_o our_o coin_n after_o convert_v into_o bullion_n be_v send_v to_o india_n and_o lay_v out_o there_o in_o silk_n and_o muslin_n another_o million_o to_o fraence_n and_o lay_v out_o in_o wine_n another_o million_o to_o spain_n and_o lay_v out_o there_o in_o fruit_n and_o that_o all_o these_o good_n be_v bring_v home_o safe_a and_o sell_v by_o the_o importer_n to_o our_o own_o people_n at_o cent_z per_fw-mi cent_z profit_n and_o afterward_o by_o the_o retailer_n with_o good_a profit_n to_o they_o and_o that_o none_o of_o the_o say_a good_n be_v re-exported_n but_o all_o spend_v at_o home_n according_a to_o the_o author_n notion_n p._n 210._o and_o way_n of_o reckon_n here_o must_v be_v three_o million_o get_v to_o the_o nation_n which_o be_v so_o far_o on_o the_o contrary_a that_o by_o such_o a_o trade_n here_o will_v be_v three_o million_o loss_n for_o the_o gold_n or_o silver_n which_o will_v have_v be_v a_o last_a durable_a stock_n to_o the_o nation_n if_o it_o have_v be_v keep_v here_o will_v by_o such_o a_o trade_n be_v consume_v and_o what_o bring_v in_o be_v in_o the_o dreyn_n or_o on_o the_o dunghill_n in_o a_o short_a time_n and_o not_o in_o be_v to_o make_v any_o amends_o for_o the_o decrease_n of_o our_o gold_n and_o silver_n the_o author_n can_v object_v that_o this_o opinion_n of_o his_o p._n 210_o ought_v not_o to_o be_v extend_v to_o gold_n or_o silver_n export_v nor_o perishable_a commodity_n spend_v at_o home_n because_o he_o have_v usher_v it_o in_o with_o a_o paragraph_n p._n 209._o which_o explain_v the_o matter_n and_o p._n 210._o with_o a_o general_a condemnation_n of_o all_o opinion_n to_o the_o contrary_n and_o as_o he_o have_v in_o his_o computation_n in_o several_a place_n mistake_v loss_n for_o profit_n so_o in_o other_o place_n the_o debtor_n side_n for_o the_o creditor_n side_n in_o make_v up_o his_o account_n in_o compute_v the_o stock_n of_o the_o nation_n and_o gain_v by_o foreign_a traffic_n p._n 167._o that_o such_o stock_n as_o be_v former_o in_o money_n plate_n jewel_n etc._n etc._n be_v go_v away_o by_o degree_n into_o other_o country_n partly_o to_o maintain_v the_o war_n and_o partly_o to_o pay_v what_o we_o have_v be_v over_o balance_v in_o trade_n by_o reason_n of_o our_o loss_n at_o sea_n and_o in_o its_o stead_n we_o have_v here_o at_o home_n stock_n of_o another_o kind_n that_o be_v credit_n on_o the_o public_a p._n 168._o so_o that_o there_o be_v a_o sum_n exist_v only_o in_o credit_n public_a or_o private_a amount_v to_o thirty_o four_o million_o if_o there_o be_v 34_o million_o owe_v though_o it_o be_v hope_v it_o be_v not_o now_o above_o half_a so_o much_o the_o word_n exist_v in_o credit_n public_a or_o private_a will_v not_o excuse_v its_o be_v a_o debt_n either_o to_o native_n or_o foreigner_n and_o if_o so_o than_o it_o stand_v on_o the_o wrong_a side_n to_o be_v call_v a_o stock_n or_o the_o stock_n of_o the_o nation_n which_o with_o his_o mistake_n in_o compute_v the_o gain_n make_v by_o foreign_a traffic_n and_o the_o wealth_n of_o the_o nation_n already_o take_v notice_n of_o may_v sufficient_o demonstrate_v that_o the_o author_n do_v not_o go_v by_o any_o good_a rule_n in_o his_o computation_n his_o reflection_n begin_v p._n 327._o have_v no_o foundation_n but_o upon_o conclusion_n make_v upon_o premise_n of_o his_o own_o coin_n for_o in_o the_o tract_n he_o mention_n there_o be_v no_o such_o assertion_n as_o he_o infer_v the_o sum_n that_o be_v there_o put_v down_o be_v but_o suppose_v as_o ground_n for_o a_o inquiry_n to_o find_v out_o what_o bullion_n have_v be_v import_v and_o export_v or_o consume_v at_o home_n if_o they_o have_v be_v altogether_o fictitious_a yet_o be_v offer_v only_o in_o order_n to_o find_v out_o the_o truth_n it_o have_v be_v no_o more_o than_o what_o be_v usual_o practise_v in_o the_o like_a case_n but_o they_o be_v so_o far_o from_o be_v ridiculous_a as_o this_o author_n represent_v they_o that_o if_o out_o of_o the_o account_n he_o have_v state_v he_o abate_v 17,400,000_o l._n on_o his_o article_n of_o the_o french_a trade_n which_o according_a to_o the_o print_n shall_v be_v but_o 12600000_o l._n at_o 700000_o l._n per_fw-la a_o for_o 18_o year_n whereas_o he_o reckon_v 30,000,000_o which_o be_v from_o his_o own_o fancy_n and_o abate_v more_o 3_o million_o on_o the_o article_n for_o silver-lace_n etc._n etc._n there_o be_v no_o time_n prefix_v for_o that_o and_o account_v the_o importation_n of_o bullion_n at_o 600000_o l_o per_fw-la a_o for_o 40_o year_n as_o there_o mention_v what_o will_v remain_v consume_v of_o our_o old_a stock_n be_v nine_o million_o which_o it_o may_v be_v fear_v do_v not_o differ_v much_o from_o the_o truth_n of_o the_o case_n as_o for_o what_o he_o collect_v from_o p._n 84._o that_o can_v justify_v his_o calculation_n of_o 30_o million_o on_o the_o french_a trade_n unless_o he_o can_v make_v out_o that_o the_o word_n vast_a quantity_n of_o gold_n and_o silver_n must_v signify_v a_o million_o at_o least_o and_o that_o nothing_o of_o the_o over_o balance_n of_o the_o trade_n of_o one_o country_n can_v be_v satisfy_v by_o any_o exchange_n or_o circulation_n of_o the_o product_n of_o good_n send_v to_o or_o from_o another_o country_n which_o will_v strike_v at_o the_o root_n of_o the_o east-india_n trade_n and_o therefore_o it_o be_v suppose_v he_o will_v not_o offer_v to_o maintain_v that_o point_n but_o depend_v on_o what_o he_o there_o add_v to_o justify_v his_o reflection_n p._n 329._o there_o be_v nothing_o here_o strain_v and_o what_o we_o have_v lay_v down_o as_o a_o undeniable_a conclusion_n from_o his_o own_o premise_n from_o which_o it_o may_v be_v observe_v that_o a_o miscomputation_n of_o 20_o million_o be_v no_o stretch_n with_o the_o author_n and_o that_o he_o can_v forbear_v run_v into_o a_o heat_n when_o any_o thing_n come_v in_o his_o way_n that_o tend_v to_o make_v we_o sensible_a of_o the_o usefulness_n and_o state_n of_o the_o nation_n in_o reference_n to_o our_o coin_n which_o can_v arise_v from_o any_o concern_v he_o can_v have_v that_o it_o be_v decrease_v because_o he_o have_v positive_o assert_v that_o money_n be_v no_o more_o at_o bottom_n than_o counter_n to_o reckon_v with_o therefore_o it_o must_v be_v from_o a_o fear_n that_o the_o door_n shall_v be_v shut_v to_o hinder_v its_o exportation_n that_o we_o may_v not_o consume_v the_o rest_n that_o be_v leave_v for_o which_o find_v himself_o at_o a_o loss_n for_o good_a argument_n to_o silence_n his_o opposer_n he_o make_v use_v of_o his_o reflection_n for_o which_o as_o he_o do_v not_o instance_n so_o no_o provocation_n be_v give_v he_o in_o the_o tract_v he_o mention_n but_o the_o author_n have_v give_v some_o instance_n in_o some_o paragraph_n p._n 215_o and_o 380_o onward_o that_o he_o have_v now_o at_o last_o study_v something_o of_o the_o a_o b_o c_o of_o trade_n upon_o which_o a_o general_a knowledge_n may_v be_v better_o ground_v by_o reason_v from_o matter_n and_o thing_n and_o what_o be_v usual_o practise_v in_o the_o course_n of_o trade_n than_o from_o reason_v by_o figure_n or_o draw_v conclusion_n from_o scheme_n calculation_n or_o assertion_n that_o have_v no_o good_a foundation_n therefore_o a_o examination_n of_o some_o of_o
cautionary_a town_n two_o three_o of_o all_o their_o species_n will_v they_o cease_v upon_o so_o do_v to_o be_v a_o wealthy_a people_n most_o certain_o not_o and_o such_o a_o security_n put_v into_o their_o hand_n will_v be_v real_a and_o true_a riches_n page_z the_o 62._o gold_n and_o silver_n be_v often_o a_o surfiting_a diet_n to_o a_o nation_n and_o there_o may_v be_v as_o well_o too_o much_o as_o too_o little_a of_o this_o kind_n of_o treasure_n if_o not_o turn_v to_o proper_a use_n where_o it_o flow_v in_o so_o fast_o as_o to_o choke_v industry_n or_o where_o it_o be_v suffer_v to_o stagnate_n it_o do_v more_o hurt_n than_o good_a page_n 64._o these_o metal_n than_o be_v so_o far_o from_o be_v as_o our_o author_n will_v have_v it_o the_o only_a or_o most_o useful_a riches_n that_o sometime_o they_o may_v be_v hurtful_a and_o never_o at_o all_o useful_a but_o when_o in_o motion_n and_o minister_a to_o trade_n and_o the_o other_o business_n of_o a_o people_n a_o treasure_n therefore_o accidental_o flow_v in_o interupt_v and_o choke_v this_o industry_n may_v be_v prejudicial_a to_o the_o public_a it_o be_v not_o probable_a that_o these_o assertion_n will_v have_v be_v publish_v in_o a_o book_n write_v with_o so_o much_o deliberation_n but_o that_o the_o author_n be_v at_o a_o great_a loss_n how_o to_o depreciate_v the_o use_n of_o coin_n and_o value_n of_o gold_n and_o silver_n that_o we_o may_v be_v negligent_a of_o what_o we_o have_v and_o careless_a in_o endeavour_v to_o get_v more_o counter_n be_v usual_o make_v of_o ebony_n paper_n pasteboard_n or_o of_o any_o base_a metal_n coin_v of_o the_o most_o valuable_a when_o counter_n be_v use_v to_o keep_v account_n or_o reckon_n it_o be_v to_o determine_v what_o may_v be_v owe_v from_o one_o person_n to_o another_o in_o order_n to_o demand_v coin_n for_o payment_n which_o in_o all_o part_n be_v take_v in_o discharge_n of_o debt_n and_o here_o with_o we_o prescribe_v by_o law_n to_o be_v take_v in_o discharge_n of_o all_o specialty_n or_o debt_n whatsoever_o if_o money_n be_v no_o more_o valuable_a than_o counter_n which_o man_n use_v only_o to_o reckon_v by_o that_o it_o shall_v have_v a_o general_a esteem_n with_o all_o nation_n that_o there_o shall_v be_v such_o contend_v for_o it_o who_o shall_v get_v most_o and_o that_o so_o many_o shall_v of_o late_a year_n be_v execute_v for_o adulterate_v and_o clip_v of_o it_o be_v unaccountable_a the_o instance_n there_o give_v make_v not_o for_o his_o purpose_n for_o though_o it_o shall_v be_v that_o the_o hollander_n do_v purchase_v their_o jewel_n for_o two_o three_o of_o their_o specie_fw-la which_o may_v deserve_v to_o be_v esteem_v wealth_n yet_o not_o have_v their_o value_n ascertain_v nor_o be_v capable_a to_o be_v divide_v into_o several_a denomination_n they_o will_v not_o probabley_o be_v so_o useful_a for_o their_o defence_n or_o carry_v on_o of_o their_o trade_n as_o money_n but_o if_o instead_o of_o this_o he_o have_v give_v a_o instance_n when_o the_o dutch_a buy_v jewel_n or_o cautionary_a town_n with_o counter_n it_o shall_v have_v be_v allow_v as_o a_o good_a proof_n of_o his_o assertion_n though_o coin_n be_v that_o which_o pass_v from_o have_v to_o hand_n in_o deal_n and_o therefore_o it_o may_v be_v say_v it_o be_v much_o use_v as_o a_o pledge_n yet_o still_o not_o as_o counter_n to_o reckon_v by_o because_o it_o be_v always_o take_v as_o a_o satisfaction_n and_o payment_n the_o denomination_n of_o pound_n shilling_n and_o penny_n may_v resemble_v the_o use_n of_o counter_n but_o the_o instance_n the_o author_n give_v make_v out_o that_o he_o will_v not_o have_v this_o assertion_n so_o understand_v and_o the_o expression_n page_n 62._o and_o 64_o do_v confirm_v that_o the_o author_n be_v of_o opinion_n that_o money_n ought_v not_o to_o be_v regard_v more_o than_o as_o counter_n to_o reckon_v by_o which_o it_o be_v probable_a be_v ground_v on_o the_o semilitude_n and_o resemblance_n which_o our_o new_a money_n have_v to_o some_o counter_n it_o natural_o follow_v that_o when_o thing_n be_v of_o no_o solid_a use_n and_o of_o little_a value_n and_o that_o danger_n attend_v the_o have_v or_o keep_v of_o they_o that_o all_o person_n will_v reject_v and_o despise_v such_o and_o have_v no_o regard_n for_o they_o and_o approve_v of_o a_o lavish_a consumption_n it_o be_v apparent_a to_o every_o one_o that_o we_o be_v not_o in_o danger_n at_o present_a to_o be_v surfeit_v with_o gold_n or_o silver_n or_o to_o have_v so_o much_o as_o to_o choke_v industry_n or_o too_o much_o for_o necessary_a use_n therefore_o whether_o these_o and_o many_o other_o notion_n in_o that_o book_n which_o have_v such_o a_o tendency_n to_o make_v we_o careless_a how_o to_o dispose_v of_o our_o coin_n and_o to_o incline_v we_o to_o turn_v our_o real_a treasure_n into_o what_o be_v but_o artificial_a and_o fictitious_a or_o to_o exchange_v it_o for_o gugas_n and_o toy_n be_v proper_a to_o be_v disperse_v at_o this_o time_n the_o state_n of_o the_o nation_n be_v consider_v in_o reference_n to_o our_o trade_n debt_n paper-credit_n and_o defence_n be_v leave_v to_o better_a judgement_n but_o since_o this_o author_n have_v publish_v page_n 432_o that_o he_o have_v offer_v himself_o to_o go_v for_o the_o india_n with_o a_o honest_a design_n and_o upon_o principle_n that_o respect_v the_o kingdom_n service_n it_o be_v hope_v that_o if_o our_o coin_n be_v at_o bottom_n no_o more_o than_o counter_n to_o reckon_v with_o see_v he_o may_v find_v pebble_n there_o for_o that_o use_n that_o he_o will_v endeavour_v to_o prevent_v the_o carry_v out_o of_o coin_n or_o gold_n and_o silver_n in_o the_o squadron_n that_o may_v transport_v he_o to_o india_n which_o as_o it_o will_v give_v great_a satisfaction_n to_o some_o of_o his_o friend_n he_o may_v leave_v behind_o he_o so_o it_o will_v prevent_v the_o danger_n of_o give_v the_o indian_n a_o surfeit_n or_o choke_v their_o industry_n and_o make_v his_o voyage_n ineffectual_a so_o well_o design_v for_o the_o kingdom_n good_a but_o if_o that_o shall_v meet_v opposition_n then_o that_o he_o will_v leave_v we_o a_o scheme_n lest_o our_o coin_n shall_v grow_v scarce_o how_o to_o put_v in_o practice_n what_o he_o have_v assert_v page_n 165._o though_o money_n have_v hitherto_o be_v call_v the_o measure_n of_o trade_n yet_o mankind_n may_v agree_v to_o set_v up_o any_o thing_n else_o in_o its_o room_n and_o whatever_o it_o be_v in_o the_o place_n where_o it_o universal_o take_v it_o may_v serve_v their_o turn_n as_o well_o as_o gold_n and_o silver_n it_o be_v suppose_v this_o may_v be_v take_v as_o another_o argument_n for_o the_o discredit_v the_o use_n and_o value_n of_o coin_n but_o it_o will_v have_v carry_v more_o weight_n with_o it_o if_o the_o author_n have_v tell_v we_o what_o this_o other_o thing_n shall_v be_v and_o how_o the_o various_a interest_n of_o nation_n shall_v be_v reconile_v and_o what_o probability_n there_o be_v that_o all_o makind_n will_v agree_v in_o it_o or_o that_o any_o such_o project_n will_v universal_o take_v but_o that_o none_o of_o his_o good_a notion_n may_v be_v lose_v for_o want_v of_o endeavour_n to_o reduce_v they_o to_o practice_v and_o because_o the_o great_a mogul_n ought_v to_o come_v in_o as_o a_o part_n of_o mankind_n for_o a_o confedrate_n in_o this_o affair_n as_o well_o as_o all_o trade_a nation_n if_o while_o he_o be_v upon_o his_o implyment_n in_o india_n he_o can_v find_v mean_n to_o adjust_a it_o with_o that_o prince_n that_o no_o more_o of_o our_o coin_n may_v be_v carry_v to_o those_o part_n as_o it_o will_v be_v a_o good_a foundation_n for_o settle_v this_o new_a measure_n of_o trade_n so_o he_o may_v just_o expect_v that_o it_o shall_v be_v reckon_v as_o a_o addition_n to_o the_o great_a service_n he_o may_v probable_o accomplish_v in_o this_o voyage_n for_o the_o kingdom_n good_a but_o though_o money_n be_v no_o more_o at_o bottom_n than_o counter_n to_o 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increase_n of_o the_o custom_n may_v afford_v a_o good_a argument_n that_o trade_n have_v increase_v but_o not_o that_o we_o have_v therefore_o get_v treasure_n from_o foreigner_n by_o it_o and_o the_o addition_n have_v be_v much_o occasion_v by_o additional_a duty_n and_o new_a impost_n which_o if_o they_o be_v distinguish_v or_o separate_v from_o the_o old_a custom_n and_o it_o shall_v appear_v that_o the_o old_a custom_n have_v increase_v yet_o it_o can_v be_v proof_n that_o we_o have_v get_v treasure_n by_o trade_n because_o the_o custom_n be_v high_a on_o good_n import_v and_o low_a on_o good_n export_v the_o increase_n of_o the_o custom_n have_v be_v occasion_v by_o large_a importation_n which_o as_o before_o mention_v have_v be_v so_o far_o from_o increase_a our_o treasure_n that_o such_o have_v be_v the_o chief_a cause_n of_o decrease_v it_o because_o they_o have_v exceed_v our_o export_n costly_a furniture_n of_o house_n sumptuous_a apparel_n and_o equipage_n may_v be_v good_a argument_n to_o prove_v that_o we_o once_o have_v plenty_n of_o treasure_n but_o as_o with_o private_a family_n the_o more_o they_o spend_v in_o such_o thing_n the_o less_o they_o lie_v up_o and_o retain_v in_o what_o be_v more_o valuable_a so_o with_o nation_n especial_o when_o such_o expense_n be_v general_o attend_v with_o a_o high_a course_n of_o live_v and_o support_v by_o the_o importation_n of_o foreign_a commodity_n purchase_v with_o our_o coin_n or_o bullion_n and_o be_v the_o consumption_n of_o these_o foreign_a commodity_n by_o all_o rank_n and_o degree_n have_v occasion_v that_o our_o importation_n have_v exceed_v our_o export_n instead_o of_o afford_v any_o argument_n that_o we_o be_v rich_a they_o demonstrate_v that_o we_o have_v go_v on_o consume_v the_o riches_n we_o have_v that_o we_o have_v a_o stock_n of_o iron_n lead_v tin_n and_o of_o our_o own_o manufacture_n be_v owe_v to_o our_o industry_n and_o be_v a_o proof_n that_o we_o be_v not_o all_o give_v up_o to_o idleness_n nor_o to_o the_o promote_a of_o foreign_a manufacture_n but_o not_o that_o we_o have_v get_v treasure_n from_o foreigner_n by_o foreign_a trade_n and_o it_o may_v be_v a_o question_n if_o we_o have_v a_o 1688_o a_o great_a stock_n of_o good_n of_o foreign_a growth_n than_o we_o have_v 1666_o and_o which_o of_o they_o or_o to_o what_o value_n deserve_v to_o be_v esteem_v the_o treasure_n of_o the_o nation_n and_o if_o they_o can_v be_v distinguish_v and_o estimate_v they_o will_v probable_o appear_v so_o inconsiderable_a compare_v with_o the_o bullion_n and_o coin_n we_o have_v consume_v as_o that_o they_o will_v not_o deserve_v the_o title_n of_o a_o article_n in_o computation_n of_o our_o riches_n that_o this_o nation_n have_v late_o mane_v out_o great_a fleet_n and_o
may_v keep_v and_o increase_v our_o coin_n in_o order_n to_o grow_v rich_a therefore_o all_o the_o author_n repeat_v reflection_n upon_o that_o score_n have_v no_o foundation_n but_o his_o own_o fancy_n neither_o do_v his_o argument_n p._n 44._o from_o the_o great_a expense_n the_o nation_n have_v be_v at_o to_o support_v the_o late_a war_n make_v for_o his_o purpose_n it_o be_v well_o know_v that_o most_o of_o the_o money_n collect_v to_o carry_v on_o the_o war_n be_v raise_v by_o a_o land_n and_o pole_n tax_n excise_n on_o beer_n and_o ale_n duty_n on_o malt_n salt_n leather_n stamp-paper_n glass-window_n birth_n and_o marriage_n etc._n etc._n which_o have_v no_o particular_a relation_n to_o foreign_a trade_n because_o such_o tax_n be_v pay_v by_o the_o landed-man_n and_o consumer_n the_o trader_n only_o concern_v in_o proportion_n with_o other_o what_o be_v raise_v by_o custom_n and_o duty_n upon_o foreign_a good_n import_v be_v usual_o also_o pay_v by_o the_o consumer_n at_o last_o which_o tax_n duty_n and_o importation_n all_o have_v be_v enable_v to_o pay_v by_o their_o profit_n and_o advantage_n arise_v to_o each_o respective_o according_a to_o their_o profession_n or_o interest_n in_o land_n trade_n or_o by_o any_o labour_n or_o employment_n whatsoever_o the_o circulation_n of_o our_o coin_n occasion_v by_o such_o profession_n and_o by_o the_o labour_n bestow_v in_o improve_n our_o annual_a crop_n afford_v a_o constant_a supply_n or_o nourishment_n to_o all_o such_o employment_n and_o profession_n by_o promote_a buy_v sell_v labour_n foreign_a trade_n etc._n etc._n which_o several_a sort_n of_o business_n do_v enable_v the_o people_n to_o pay_v the_o tax_n collect_v for_o the_o charge_n of_o the_o war._n as_o the_o author_n agree_v in_o his_o account_n of_o of_o coinage_n from_o p._n 29_o to_o 40_o that_o we_o have_v in_o the_o nation_n a_o 1688_o at_o least_o nine_o million_o of_o old_a hammer_v money_n and_o say_v that_o one_o million_o more_o have_v be_v late_o melt_v down_o so_o he_o will_v find_v that_o there_o be_v above_o one_o million_o melt_v and_o coin_v into_o milled_a money_n between_o 1660_o and_o 1666_o and_o as_o he_o agree_v there_o be_v much_o old_a hammer_a money_n melt_v down_o so_o upon_o a_o further_a inquiry_n he_o may_v be_v satisfy_v that_o it_o can_v not_o amount_v to_o less_o than_o three_o million_o and_o as_o he_o seem_v to_o be_v of_o opinion_n p._n 39_o that_o we_o have_v not_o now_o in_o the_o nation_n as_o much_o money_n as_o ever_o so_o he_o must_v agree_v that_o all_o that_o have_v be_v bring_v in_o by_o trade_n since_o that_o year_n have_v be_v carry_v out_o again_o because_o there_o be_v no_o appearance_n that_o we_o have_v now_o any_o of_o it_o in_o the_o nation_n and_o then_o he_o will_v not_o find_v so_o much_o cause_n to_o wonder_v as_o he_o do_v p._n 40._o what_o shall_v be_v the_o meaning_n of_o those_o that_o be_v of_o opinion_n that_o the_o exportation_n of_o bullion_n be_v so_o destructive_a to_o the_o nation_n that_o xenophon_n shall_v so_o long_o ago_o agree_v with_o the_o author_n opinion_n that_o the_o exportation_n of_o coin_n or_o bullion_n in_o the_o way_n of_o traffic_n can_v not_o be_v prejudicial_a to_o a_o country_n p._n 360_o 361_o be_v rather_o a_o great_a credit_n to_o the_o old_a proverb_n that_o good_a wit_n jump_v than_o to_o the_o author_n assertion_n that_o it_o be_v convenient_a for_o england_n to_o export_v bullion_n because_o it_o be_v good_a for_o athens_n the_o different_a circumstance_n of_o country_n make_v that_o convenient_a for_o one_o country_n which_o may_v not_o be_v so_o for_o another_o it_o appear_v by_o xenophon_n discourse_n upon_o improve_n the_o revenue_n of_o that_o state_n that_o athens_n have_v silver_n mine_n and_o that_o much_o of_o that_o country_n be_v too_o barren_a to_o receive_v the_o common_a improvement_n of_o husbandry_n as_o it_o be_v quite_o contrary_a with_o england_n so_o we_o ought_v to_o be_v act_v by_o different_a reason_n xenophon_n conclude_v that_o discourse_n with_o his_o opinion_n that_o the_o athenian_n shall_v consult_v the_o oracle_n once_o more_o that_o they_o may_v know_v to_o the_o protection_n of_o what_o god_n they_o may_v recommend_v the_o success_n of_o that_o enterprise_n as_o the_o author_n will_v not_o have_v xenophon_n opinion_n follow_v in_o that_o particular_a though_o proper_a for_o the_o athenian_n so_o not_o his_o opinion_n as_o to_o the_o exportation_n of_o silver_n because_o it_o be_v xenophon_n unless_o it_o appear_v that_o it_o be_v convenient_a now_o for_o england_n and_o the_o like_a reason_n may_v be_v give_v to_o make_v out_o that_o though_o it_o may_v be_v convenient_a for_o holland_n venice_n genova_n and_o leivorne_v yet_o not_o for_o england_n the_o author_n also_o add_v to_o support_v his_o own_o and_o xenophon_n opinion_n that_o the_o nation_n that_o have_v a_o way_n of_o bring_v in_o bullion_n to_o answer_v what_o be_v carry_v out_o be_v in_o this_o sense_n upon_o the_o same_o foot_n with_o country_n that_o have_v mine_n in_o their_o possession_n and_o that_o bullion_n become_v there_o a_o commodity_n like_o any_o other_o of_o its_o product_n this_o argument_n be_v ground_v on_o a_o supposition_n that_o it_o be_v easy_a for_o we_o to_o get_v gold_n and_o silver_n enough_o from_o foreigner_n by_o trade_n not_o only_o to_o serve_v our_o own_o occasion_n at_o home_n but_o to_o export_v also_o which_o upon_o perusual_a of_o what_o have_v be_v already_o say_v and_o will_v follow_v in_o the_o conclusion_n of_o this_o discourse_n it_o be_v presume_v will_v not_o appear_v to_o be_v true_a in_o fact_n and_o what_o he_o add_v from_o observation_n on_o the_o spanish_a monarchy_n be_v ground_v on_o a_o sort_n of_o reason_v that_o contradict_v itself_o p._n 362._o that_o the_o gold_n and_o silver_n bring_v from_o spain_n by_o stealth_n be_v the_o very_a tool_n wherewith_o wise_a nation_n have_v wrought_v as_o it_o be_v true_a why_o may_v it_o not_o be_v fear_v if_o we_o permit_v too_o much_o to_o be_v carry_v out_o that_o we_o may_v in_o time_n want_v such_o tool_n also_o and_o find_v they_o in_o the_o hand_n of_o other_o nation_n that_o may_v use_v they_o to_o our_o prejudice_n or_o rather_o be_v it_o not_o plain_a that_o what_o have_v be_v carry_v from_o we_o have_v be_v already_o use_v in_o foreign_a part_n to_o employ_v their_o people_n in_o work_v on_o manufacture_n to_o the_o hindrance_n of_o we_o the_o sweede_n do_v not_o set_v up_o their_o fabric_n till_o they_o have_v get_v not_o only_o our_o wool_n by_o the_o way_n of_o scotland_n but_o our_o coin_n from_o hence_o also_o and_o the_o french_a have_v much_o increase_v they_o by_o the_o same_o method_n not_o to_o mention_v what_o have_v be_v do_v with_o it_o in_o india_n which_o have_v be_v often_o discourse_v that_o the_o prohibition_n in_o spain_n to_o export_v those_o species_n be_v a_o bar_n to_o their_o industry_n and_o render_v their_o treasure_n useless_a be_v ground_v on_o a_o supposition_n that_o the_o word_n of_o a_o law_n can_v be_v effectual_a though_o the_o law_n be_v not_o at_o all_o observe_v for_o he_o own_v and_o it_o be_v well_o know_v that_o notwithstanding_o that_o law_n gold_n and_o silver_n have_v be_v constant_o bring_v from_o thence_o and_o therefore_o it_o be_v more_o probable_a that_o the_o want_n of_o coin_n there_o and_o of_o material_n for_o manufacture_n and_o of_o plenty_n of_o provision_n to_o make_v labour_n cheap_a and_o of_o industrious_a inclination_n in_o the_o people_n have_v contribute_v more_o to_o the_o poverty_n of_o that_o monarchy_n than_o a_o law_n that_o be_v never_o observe_v p._n 46._o the_o author_n suggest_v that_o a_o paragraph_n in_o his_o essay_n on_o the_o east-india_n trade_n p._n 16_o be_v misunderstand_v it_o be_v admit_v that_o the_o word_n of_o that_o his_o paragraph_n be_v doubtful_o pen_v as_o to_o what_o year_n he_o intend_v that_o his_o two_o million_o gain_n shall_v commence_v or_o be_v extend_v and_o therefore_o as_o necessary_a in_o all_o case_n where_o writing_n be_v obscure_a what_o precede_v and_o be_v subsequent_a to_o that_o pagraph_n relate_v to_o the_o same_o matter_n be_v examine_v to_o find_v out_o the_o author_n meaning_n as_o it_o ought_v now_o again_o to_o make_v a_o judgement_n whether_o the_o mistake_n if_o any_o be_v occasion_v by_o the_o disingenuity_n of_o the_o author_n or_o want_v of_o sense_n in_o the_o reader_n proceed_v to_o that_o assertion_n he_o tell_v his_o reader_n in_o that_o tract_n p._n 14._o by_o the_o best_a account_n i_o can_v have_v and_o from_o impartial_a hand_n england_z before_o the_o war_n for_o sometime_o one_o year_n with_o another_o have_v export_v for_o this_o traffic_n either_o in_o bullion_n or_o our_o manufacture_n of_o which_o our_o manufacture_n may_v beone_a
be_v exact_o count_v but_o upon_o the_o perusal_n of_o the_o book_n of_o rate_n where_o it_o be_v suppose_v that_o all_o the_o commodity_n we_o deal_v in_o be_v enumerate_v except_v some_o few_o that_o be_v enter_v ad_fw-la valorem_fw-la and_o the_o bill_n of_o entry_n from_o the_o custom-house_n where_o all_o that_o be_v import_v be_v comprehend_v there_o do_v not_o appear_v any_o good_a reason_n to_o suppose_v that_o we_o ever_o do_v import_n into_o this_o nation_n of_o iron_n brass_n copper_n or_o of_o other_o sort_n of_o good_n that_o be_v last_v and_o durable_a or_o other_o way_n adequate_a to_o treasure_n the_o value_n of_o 100000_o l._n per_fw-la annum_fw-la but_o to_o make_v up_o even_a money_n 175000_o l._n per_fw-la a_o shall_v be_v compute_v which_o with_o the_o gold_n and_o silver_n and_o jewel_n make_v 400000_o l._n per_fw-la a_o though_o much_o of_o the_o iron_n copper_n brass_n or_o the_o like_a be_v usual_o in_o a_o short_a time_n convert_v to_o such_o use_n as_o depreciate_n its_o original_a value_n and_o only_o a_o small_a proportion_n improve_v most_o other_a sort_n of_o good_n bring_v in_o from_o foreign_a part_n as_o they_o be_v not_o capable_a of_o duration_n so_o they_o will_v not_o be_v bring_v in_o but_o in_o expectation_n of_o a_o sudden_a sale_n and_o consumption_n those_o for_o eat_v and_o drink_v be_v soon_o reduce_v to_o nothing_o and_o those_o for_o apparel_n have_v usual_o but_o a_o short_a existence_n those_o for_o a_o further_a manufacture_n be_v soon_o apply_v to_o those_o use_n and_o if_o any_o stock_n of_o such_o good_n have_v remain_v for_o any_o time_n in_o the_o hand_n of_o the_o trader_n it_o be_v not_o because_o they_o be_v keep_v for_o a_o addition_n to_o the_o stock_n of_o the_o nation_n but_o because_o the_o market_n will_v not_o take_v they_o off_o the_o gain_n of_o trading_n man_n not_o arise_v from_o keep_v their_o good_n but_o by_o buy_v sell_v chap_a and_o change_v wherefore_o there_o can_v be_v any_o stock_n of_o such_o good_n in_o the_o nation_n but_o what_o lie_v for_o want_v of_o sale_n or_o consumption_n or_o to_o supply_v the_o market_n though_o it_o be_v not_o doubt_v but_o that_o in_o most_o of_o those_o twenty_o eight_o year_n we_o probable_o bring_v in_o 500000_o l._n in_o silver_n and_o 100000_o l._n in_o gold_n per_fw-la a_o by_o our_o good_a trade_n and_o that_o the_o clippings_fw-mi of_o the_o hammer_v money_n in_o those_o year_n which_o be_v either_o coin_v or_o export_v amount_v to_o a_o considerable_a sum_n yet_o it_o appear_v by_o this_o account_n that_o such_o be_v the_o consumption_n of_o our_o bullion_n before_o it_o come_v to_o the_o mint_n or_o soon_o after_o that_o ann_n 1688_o there_o be_v no_o more_o but_o in_o proportion_n to_o 150000_o l._n per_fw-la ann_n remain_v by_o the_o author_n account_n and_o how_o our_o hammer_v money_n be_v decrease_v even_o in_o those_o year_n have_v be_v already_o offer_v to_o consideration_n and_o that_o what_o thus_o remain_v be_v rather_o a_o turn_n of_o old_a money_n into_o new_a than_o a_o addition_n to_o our_o stock_n as_o by_o these_o inquiry_n which_o be_v most_o ground_v on_o the_o author_n be_v own_o computation_n and_o therefore_o may_v the_o better_o convince_v he_o it_o may_v appear_v that_o he_o be_v mistake_v in_o this_o account_n of_o two_o million_o per_fw-la ann_n which_o he_o say_v be_v add_v to_o the_o stock_n of_o the_o nation_n by_o those_o trade_n he_o mention_n so_o it_o may_v confirm_v what_o have_v be_v say_v that_o though_o we_o may_v easy_o consume_v our_o coin_n yet_o that_o it_o will_v not_o be_v regain_v without_o a_o great_a deal_n of_o difficulty_n and_o length_n of_o time_n for_o which_o as_o good_a council_n will_v be_v necessary_a to_o lay_v a_o foundation_n by_o good_a law_n so_o the_o industry_n of_o the_o merchant_n that_o such_o law_n may_v have_v a_o good_a effect_n for_o not_o withstand_v the_o author_n opinion_n p._n 69_o the_o gain_n of_o gold_n or_o silver_n by_o trade_n do_v whole_o depend_v upon_o their_o skill_n industry_n and_o courage_n by_o adventure_v our_o product_n or_o other_o good_n to_o procure_v it_o from_o abroad_o by_o their_o deal_n with_o foreigner_n in_o foreign_a part_n for_o all_o buy_v sell_v borrow_v lend_v trade_n or_o trick_v at_o home_n can_v only_o afford_v gain_n to_o particular_a person_n by_o our_o riches_n change_v hand_n and_o all_o new_a project_n and_o new_a discovery_n will_v be_v more_o liable_a to_o disappointment_n than_o what_o can_v be_v fear_v from_o the_o exportation_n of_o our_o product_n if_o trade_n be_v so_o manage_v as_o that_o we_o may_v not_o be_v under_o a_o necessity_n to_o send_v out_o our_o gold_n and_o silver_n as_o fast_o as_o it_o be_v bring_v in_o from_o abroad_o p._n 375._o the_o author_n say_v that_o he_o have_v choose_v all_o along_o to_o set_v up_o a_o different_a structure_n from_o mr._n p_o and_o to_o propose_v another_o hypothesis_n in_o which_o he_o have_v say_v what_o be_v true_a for_o his_o notion_n be_v not_o only_o very_o different_a from_o he_o but_o from_o what_o have_v be_v former_o practise_v and_o also_o will_v be_v dangerous_a to_o be_v now_o pursue_v it_o will_v take_v up_o too_o much_o time_n to_o examine_v all_o the_o strange_a argument_n he_o have_v offer_v to_o support_v this_o new_a structure_n therefore_o only_o some_o few_o shall_v be_v take_v notice_n of_o as_o a_o addition_n to_o the_o observation_n already_o make_v pag._n 415._o that_o wool_n shall_v bear_v a_o good_a price_n be_v most_o certain_o the_o interest_n of_o the_o land_a man_n but_o then_o this_o must_v come_v in_o some_o natural_a course_n for_o suppose_v that_o by_o a_o rot_n of_o sheep_n its_o value_n shall_v be_v advance_v to_o two_o shilling_n per_fw-la pound_n will_v this_o make_v for_o the_o interest_n of_o land_n most_o certain_o not_o no_o more_o than_o to_o have_v wheat_n bring_v from_o 30_o s._n to_o 3_o l._n per_fw-la quarter_n by_o blight_n or_o a_o ill_a season_n but_o it_o will_v be_v well_o for_o land_n here_o if_o a_o dearth_n abroad_o shall_v occasion_v such_o a_o call_n for_o our_o grain_n as_o to_o bring_v it_o to_o that_o price_n certain_o the_o author_n do_v think_v that_o the_o land_a man_n may_v be_v very_o easy_o impose_v upon_o and_o that_o they_o do_v not_o understand_v what_o be_v their_o true_a interest_n or_o how_o to_o find_v out_o a_o fallacy_n in_o a_o argument_n or_o else_o it_o be_v not_o probable_a he_o will_v have_v offer_v they_o what_o he_o do_v in_o this_o paragraph_n how_o can_v a_o rot_n of_o sheep_n or_o a_o blight_n of_o corn_n which_o may_v happen_v sometime_o and_o by_o the_o hand_n of_o providence_n if_o it_o do_v advance_v the_o price_n of_o wool_n and_o corn_n for_o a_o year_n or_o the_o like_a be_v bring_v as_o a_o instance_n to_o persuade_v the_o land_a man_n that_o it_o be_v their_o interest_n to_o send_v their_o money_n to_o india_n to_o buy_v manufacture_v good_n to_o be_v spend_v here_o at_o home_n in_o the_o room_n of_o their_o own_o in_o order_n to_o bring_v down_o the_o price_n of_o wool_n and_o labour_n be_v there_o no_o difference_n between_o what_o may_v happen_v by_o chance_n or_o providence_n and_o can_v be_v prevent_v and_o what_o a_o man_n do_v voluntary_o constant_o and_o free_o on_o a_o supposition_n that_o it_o be_v his_o interest_n so_o to_o do_v if_o he_o will_v give_v a_o instance_n that_o may_v make_v for_o his_o purpose_n in_o this_o case_n he_o must_v show_v the_o land_a man_n that_o it_o be_v their_o interest_n to_o be_v constant_o send_v their_o money_n to_o holland_n or_o ireland_n to_o buy_v woollen_a good_n or_o corn_n to_o be_v frequent_o import_v here_o in_o order_n to_o keep_v down_o the_o price_n of_o wool_n corn_n and_o labour_n that_o we_o may_v be_v force_v to_o export_v our_o own_o woollen_a good_n and_o corn_n and_o by_o beat_v down_o the_o market_n abroad_o to_o gain_v the_o whole_a trade_n abroad_o to_o ourselves_o for_o the_o objection_n that_o we_o have_v better_o enrich_v the_o indian_n than_o our_o neighbour_n may_v be_v answer_v but_o it_o be_v suppose_v the_o sophistry_n of_o this_o argument_n will_v plain_o appear_v and_o what_o be_v design_v by_o it_o by_o these_o hint_n in_o the_o same_o page_n he_o say_v he_o be_v able_a to_o maintain_v that_o the_o public_a of_o this_o country_n can_v by_o no_o manner_n of_o mean_n be_v understand_v to_o get_v so_o much_o by_o what_o woollen_a good_n be_v consume_v in_o the_o nation_n as_o by_o what_o be_v carry_v to_o foreign_a market_n it_o be_v not_o doubt_v but_o he_o may_v maintain_v this_o for_o it_o have_v be_v all_o along_o own_a that_o we_o make_v no_o addition_n to_o our_o riches_n by_o