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opinion_n great_a king_n time_n 2,478 5 3.4155 3 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A32827 A discourse about trade wherein the reduction of interest in money to 4 l. per centum, is recommended : methods for the employment and maintenance of the poor are proposed : several weighty points relating to companies of merchants, the act of navigation, naturalization of strangers, our woollen manufactures, the ballance of trade, and the nature of plantations, and their consequences in relation to the kingdom are seriously discussed : and some arguments for erecting a court of merchants for determining controversies, relating to maritime affairs, and for a law for transferrance of bills of debts, are humbly offered. Child, Josiah, Sir, 1630-1699.; Culpeper, Thomas, Sir, 1578-1662. Small treatise against usury. 1690 (1690) Wing C3853; ESTC R8738 119,342 350

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we_o muchless_a prejudice_n our_o plantation_n that_o hitherto_o they_o have_v not_o hurt_v we_o but_o we_o they_o be_v most_o apparent_a for_o in_o my_o time_n we_o have_v beat_v their_o muscovado_n and_o paneal_a sugar_n quite_o out_o of_o use_n in_o england_n and_o their_o whites_n we_o have_v bring_v down_o in_o all_o these_o part_n of_o europe_n in_o price_n from_o seven_o and_o eight_o pound_n per_fw-la l._n to_o fifty_o shilling_n and_o three_o pound_n per_fw-la l._n and_o in_o quantity_n whereas_o former_o their_o brazeil-fleet_n consist_v of_o one_o hundred_o to_o one_o hundred_o and_o twenty_o thousand_o chest_n of_o sugar_n they_o be_v now_o reduce_v to_o about_o thirty_o thousand_o chest_n since_o the_o great_a increase_n of_o barbadoes_n the_o reason_n of_o this_o decay_n of_o the_o portugeeze_n production_n in_o brazeil_n be_v certain_o the_o better_a policy_n that_o our_o english_a plantatition_n be_v found_v upon_o that_o which_o principal_o dwarf_n the_o portugeeze_v 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with_o a_o people_n that_o speak_v our_o own_o language_n strong_a motive_n to_o draw_v our_o people_n from_o we_o and_o do_v they_o not_o draw_v more_o from_o we_o than_o otherwise_o will_v leave_v we_o to_o go_v into_o foreign_a country_n where_o they_o understand_v not_o the_o language_n i_o answer_v 1_o st_o it_o be_v not_o much_o more_o difficult_a to_o get_v a_o passage_n to_o holland_n than_o it_o be_v to_o our_o plantation_n 2_o dly_z many_o of_o those_o that_o go_v to_o our_o plantation_n if_o they_o can_v not_o go_v thither_o will_v and_o must_v go_v into_o foreign_a country_n though_o it_o be_v ten_o time_n more_o difficult_a to_o get_v thither_o then_o it_o be_v or_o else_o which_o be_v worse_o as_o have_v be_v say_v will_v adventure_v to_o be_v hang_v to_o prevent_v beg_v or_o starve_v as_o too_o many_o have_v do_v 3._o i_o do_v acknowledge_v that_o the_o facility_n of_o get_v to_o the_o planta●ions_n may_v cause_v some_o more_o to_o leave_v we_o than_o will_v do_v if_o they_o have_v none_o but_o foreign_a country_n for_o refuge_n but_o then_o if_o it_o be_v consider_v that_o our_o plantation_n spend_v most_o our_o english_a manufacture_n and_o those_o of_o all_o sort_n almost_o imaginable_a in_o egregious_a quantity_n and_o employ_v near_o two_o three_o of_o all_o our_o english_a ship_n do_v therein_o give_v a_o constant_a sustenance_n to_o it_o may_v be_v two_o hundred_o thousand_o person_n here_o a●_n home_o then_o i_o must_v needs_o conclude_v upon_o the_o whole_a matter_n that_o we_o have_v not_o the_o few_o but_o the_o more_o people_n in_o england_n by_o reason_n of_o our_o english_a plantatio●s_n in_o america_n object_n 2._o but_o it_o may_v be_v say_v be_v not_o this_o infer_v and_o argue_v against_o sense_n and_o experience_n do_v not_o all_o the_o world_n see_v that_o the_o many_o noble_a kingdom_n of_o spain_n in_o europe_n be_v almost_o depopulate_v and_o ruinate_v by_o reason_n of_o their_o people_n flock_v over_o to_o the_o west-indies_n and_o do_v not_o all_o other_o nation_n diminish_v in_o people_n after_o they_o become_v possess_v of_o foreign_a plantation_n ans._n 1._o i_o answer_v with_o submission_n to_o better_a judgement_n that_o in_o my_o opinion_n contend_v for_o uniformity_n in_o religion_n have_v contribute_v ten_o time_n more_o to_o the_o depopulate_v of_o spain_n than_o all_o the_o american_n plantation_n what_o be_v it_o but_o that_o which_o cause_v the_o expulsion_n of_o so_o many_o thousand_o moor_n who_o have_v build_v and_o inhabit_v most_o of_o the_o chief_a city_n and_o town_n in_o andaluzia_n granada_n arragon_n and_o ooth_a part_n what_o be_v it_o but_o that_o and_o the_o inquisition_n that_o have_v and_o do_v daily_o expel_v such_o vast_a number_n of_o rich_a jew_n with_o their_o family_n and_o estate_n into_o germany_n italy_n turkey_n holland_n and_o england_n what_o be_v it_o but_o that_o which_o cause_v those_o vast_a and_o long_a war_n between_o that_o king_n and_o the_o low_a country_n and_o the_o effusion_n of_o so_o much_o spanish_a blood_n and_o treasure_n and_o the_o final_a loss_n of_o the_o seven_o province_n which_o we_o now_o see_v so_o prodigious_a rich_a and_o full_a of_o people_n while_o spain_n be_v empty_a and_o poor_a and_o flanders_n thin_a and_o weak_a in_o continual_a fear_n of_o be_v make_v a_o prey_n to_o their_o neighbour_n 2._o i_o answer_v we_o must_v wary_o distinguish_v between_o country_n &_o country_n for_o though_o plantation_n may_v have_v drain_v spain_n of_o people_n it_o do_v not_o follow_v that_o they_o have_v or_o will_v drain_v england_n or_o holland_n because_o where_o liberty_n and_o property_n be_v not_o so_o well_o preserve_v and_o where_o interest_n of_o money_n be_v permit_v to_o go_v at_o 12_o per_fw-mi cent_z there_o can_v be_v no_o considerable_a manufacture_v and_o no_o more_o of_o tillage_n and_o graze_v than_o as_o we_o proverbial_o say_v will_v keep_v life_n and_o soul_n together_o and_o where_o there_o be_v little_o manufacture_v and_o as_o little_a husbandry_n of_o land_n the_o profit_n of_o plantation_n viz._n the_o great_a part_n thereof_o will_v not_o redound_v to_o the_o mother-kingdom_n but_o to_o other_o country_n wherein_o there_o be_v more_o manufacture_n and_o more_o production_n from_o the_o earth_n from_o hence_o it_o follow_v plantation_n thus_o manage_v prove_v drain_v of_o the_o people_n from_o their_o mother-kingdom_n whereas_o plantation_n belong_v to_o mother-kingdom_n or_o country_n where_o liberty_n and_o property_n be_v better_a preserve_v and_o interest_n of_o money_n restrain_v to_o a_o low_a rate_n the_o consequence_n be_v that_o every_o person_n send_v abroad_o with_o the_o negro_n and_o utensil_n he_o be_v constrain_v to_o employ_v or_o that_o be_v employ_v with_o he_o it_o be_v customary_a in_o most_o of_o our_o island_n in_o america_n upon_o every_o plantation_n to_o employ_v eight_o or_o ten_o black_n for_o one_o white_a servant_n i_o say_v in_o this_o case_n we_o may_v reckon_v that_o for_o provision_n clothes_n and_o household-good_n seaman_n and_o all_o other_o employ_v about_o material_n for_o building_n fit_v and_o victual_v of_o ship_n every_o english_a man_n in_o barbadoes_n or_o jamaica_n create_v employment_n for_o four_o man_n at_o home_n 3_o dly_z i_o answer_v that_o holland_n now_o send_v as_o many_o and_o more_o people_n yearly_a to_o reside_v in_o their_o plantation_n fortress_n and_o ship_n in_o the_o east-indies_n beside_o many_o into_o the_o west-indies_n than_o spain_n and_o yet_o be_v so_o far_o from_o decline_v in_o the_o number_n of_o their_o people_n at_o home_n that_o it_o be_v evident_a they_o do_v monstruous_o increase_v and_o so_o i_o hope_v under_o the_o next_o head_n to_o prove_v that_o england_n have_v constant_o increase_v in_o people_n at_o home_n since_o our_o settlement_n upon_o plantation_n in_o america_n although_o not_o in_o so_o great_a a_o proportion_n as_o the_o dutch._n v._o i_o be_o of_o opinion_n that_o we_o have_v immediate_o before_o the_o late_a plague_n more_o people_n in_o england_n than_o we_o have_v before_o the_o inhabit_v of_o new-england_n virginia_n barbadoes_n &_o c_o the_o proof_n of_o this_o at_o best_o i_o know_v can_v but_o be_v conjectural_a but_o in_o confirmation_n of_o my_o opinion_n i_o have_v i_o think_v of_o my_o mind_n the_o most_o industrious_a english_a calculator_n this_o age_n have_v produce_v in_o public_a viz._n captain_n grant_v in_o the_o forementioned_a treatise_n pag._n 83._o his_o word_n be_v upon_o the_o whole_a matter_n we_o may_v therefore_o conclude_v that_o the_o people_n of_o the_o whole_a nation_n do_v increase_v and_o consequent_o the_o decrease_n of_o winchester_n lincoln_n and_o other_o like_a place_n must_v be_v attribute_v to_o other_o reason_n than_o that_o of_o refurnish_v london_n only_o 2._o it_o be_v manifest_a by_o the_o aforesaid_a worthy_a author_n calculation_n that_o the_o inhabitant_n of_o london_n and_o part_n ajacent_a have_v increase_v to_o almost_o double_a within_o this_o sixty_o year_n and_o that_o city_n have_v usual_o be_v take_v for_o a_o index_n of_o the_o whole_a i_o know_v it_o will_v be_v say_v that_o although_o london_n have_v so_o increase_v other_o part_n have_v as_o much_o diminish_v whereof_o some_o be_v name_v before_o but_o if_o to_o answer_v the_o diminution_n of_o inhabitant_n in_o some_o particular_a place_n it_o be_v consider_v how_o other_o be_v increase_v viz_o yarmouth_n hull_n scarbrough_n and_o other_o port_n in_o the_o north_n as_o also_o liverpoole_n westchester_n and_o bristol_n portsmouth_n lime_n and_o plymouth_n and_o withal_o if_o it_o be_v consider_v what_o great_a improvement_n have_v be_v make_v these_o last_o sixty_o year_n upon_o break_v up_o and_o enclose_v of_o waste_v forest_n and_o park_n and_o drain_n of_o the_o fen_n and_o all_o those_o place_n inhabit_v and_o furnish_v with_o husbandry_n etc._n etc._n then_o i_o think_v it_o will_v appear_v probable_a that_o we_o have_v in_o england_n now_o at_o least_o have_v before_o the_o late_a plague_n more_o people_n than_o we_o have_v before_o we_o first_o enter_v upon_o foreign_a plantation_n notwithstanding_o likewise_o the_o great_a number_n of_o man_n which_o have_v issue_v from_o we_o into_o ireland_n which_o country_n as_o our_o law_n now_o be_v i_o reckon_v not_o among_o the_o number_n of_o plantation_n profitable_a to_o england_n nor_o within_o the_o limit_n of_o this_o discourse_n although_o peradventure_o something_o may_v be_v pick_v out_o of_o these_o paper_n which_o may_v deserve_v consideration_n in_o relation_n to_o that_o country_n but_o it_o may_v be_v say_v if_o we_o have_v more_o people_n now_o th●n_v in_o former_a age_n how_o come_v it_o to_o pass_v that_o in_o the_o time_n of_o king_n henry_n the_o four_o and_o five_o and_o other_o time_n former_o we_o can_v raise_v such_o great_a army_n and_o employ_v they_o in_o foreign_a war_n and_o
license_v november_n the_o 18_o 1689._o and_o enter_v according_a to_o order_n a_o discourse_n about_o trade_n wherein_o the_o reduction_n of_o interest_n of_o money_n to_o 4_o l._n per_fw-la centum_fw-la be_v recommend_v method_n for_o the_o employment_n and_o maintenance_n of_o the_o poor_a be_v propose_v several_a weighty_a point_n relate_v to_o company_n of_o merchant_n the_o act_n of_o navigation_n naturalisation_n of_o stranger_n our_o woollen_a manufacture_n the_o balance_n of_o trade_n and_o the_o nature_n of_o plantation_n and_o their_o consequence_n in_o relation_n to_o the_o kingdom_n be_v serious_o discuss_v and_o some_o argument_n for_o erect_v a_o court_n of_o merchant_n for_o determine_a controversy_n relate_v to_o maritime_a affair_n and_o for_o a_o law_n for_o transferrance_n of_o bill_n of_o debt_n be_v humble_o offer_v never_o before_o print_v print_a by_o a_o soul_n at_o the_o crooked-billet_a in_o holloway-lane_n and_o sell_v at_o the_o three_o key_n in_o nags-head-court_n grace-church-street_n 1690._o the_o publisher_n to_o the_o reader_n the_o follow_a sheet_n be_v write_v as_o the_o reader_n will_v observe_v by_o the_o content_n soon_o after_o the_o dreadful_a fire_n which_o happen_v in_o london_n in_o the_o year_n 1666._o they_o fall_v very_o accidental_o into_o my_o hand_n in_o manuscript_n as_o they_o have_v ever_o since_o continue_v this_o last_o summer_n and_o have_v in_o my_o conversation_n in_o the_o world_n hear_v several_a of_o the_o proposition_n therein_o discuss_v frequent_o contra_v i_o do_v set_v myself_o with_o some_o curiosity_n to_o run_v they_o over_o and_o in_o do_v it_o discern_v as_o i_o think_v much_o experimental_a truth_n and_o reason_n and_o a_o more_o than_o ordinary_a life_n and_o spirit_n for_o the_o public_a good_a in_o the_o whole_a work_n i_o therefore_o make_v suit_n to_o the_o judicious_a &_o worthy_a author_n to_o permit_v i_o to_o the_o same_o end_n for_o which_o it_o appear_v to_o have_v be_v at_o 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true_a of_o the_o then_o low_a rate_n of_o land_n as_o be_v his_o prediction_n of_o its_o rise_n in_o purchase_n so_o soon_o as_o that_o lazy_a way_n of_o usury_n by_o bankeer_v shall_v be_v break_v that_o i_o be_o moral_o confident_a if_o the_o parliament_n shall_v be_v please_v to_o abate_v the_o interest_n of_o money_n by_o a_o law_n to_o 4_o l._n per_fw-la cent._n we_o shall_v as_o certain_o see_v land_n in_o england_n as_o general_o sell_v at_o twenty_o five_o year_n purchase_v within_o five_o year_n after_o such_o a_o law_n as_o we_o do_v see_v they_o about_o the_o time_n the_o follow_a discourse_n be_v write_v sell_v at_o seventeen_o year_n purchase_n and_o as_o we_o do_v now_o see_v land_n current_o sell_v at_o twenty_o year_n purchase_n and_o upward_o i_o take_v occasion_n in_o my_o discourse_n with_o the_o author_n to_o observe_v to_o he_o that_o though_o land_n in_o general_n be_v rise_v in_o sale_n as_o he_o foresee_v to_o twenty_o year_n purchase_n or_o more_o that_o yet_o marsh_n and_o feed_v ground_n be_v abate_v in_o rent_n to_o the_o tenant_n at_o least_o 20_o or_o 30_o l._n per_fw-la cent._n he_o grant_v i_o to_o be_v in_o the_o right_a herein_o and_o impute_v the_o cause_n thereof_o partly_o to_o the_o prohibition_n of_o irish_a cattle_n and_o partly_o to_o the_o late_a general_a practice_n of_o sow_a clover_n saint-foyne_a rye-grass_n and_o other_o grass-seed_n upon_o which_o i_o ask_v he_o whether_o he_o think_v it_o will_v not_o tend_v to_o the_o public_a good_a to_o prohibit_v by_o a_o law_n the_o sow_v of_o those_o seed_n he_o say_v by_o no_o mean_n honest_a industry_n and_o invention_n be_v never_o to_o be_v obstruct_v by_o law_n i_o query_v then_o why_o usury_n shall_v be_v check_v by_o a_o law_n he_o reply_v that_o in_o the_o trade_n of_o usury_n there_o be_v neither_o industry_n not_o invention_n but_o idleness_n and_o oppression_n and_o that_o all_o christian_a church_n as_o well_o as_o most_o particular_a eminent_a divine_n ever_o since_o our_o saviour_n christ_n time_n have_v condemn_v usury_n as_o sinful_a the_o foregoing_a discourse_n lead_v to_o another_o great_a question_n whether_o foreign_a commodity_n such_o as_o tend_v to_o nourish_v vice_n and_o luxury_n ought_v not_o for_o the_o public_a good_a to_o be_v prohibit_v by_o a_o law_n or_o by_o load_v they_o with_o a_o deep_a custom_n such_o as_o wine_n brandy_n sugar_n tobacco_n etc._n etc._n and_o i_o be_o humble_o of_o opinion_n with_o the_o most_o profound_a submission_n to_o all_o my_o superior_n who_o proper_a business_n it_o be_v to_o agree_v and_o constitute_v law_n that_o it_o be_v not_o for_o the_o public_a good_a to_o load_v even_o such_o commodity_n with_o so_o great_a a_o duty_n as_o do_v or_o may_v ruin_v our_o plantation_n or_o total_o prevent_v the_o english_a from_o a_o possibility_n of_o supply_v the_o eastern_a and_o other_o part_n of_o the_o world_n with_o these_o commodity_n because_o by_o so_o do_v we_o give_v away_o the_o most_o precious_a of_o all_o our_o trade_n a_o great_a part_n of_o our_o navigation_n to_o our_o wise_a neighbour_n the_o dutch_a who_o have_v rather_o pay_v their_o twenty_o penny_n twice_o a_o year_n than_o lose_v their_o trade_n to_o the_o baltic_a with_o salt_n wine_n brandy_n tobacco_n etc._n etc._n i_o may_v say_v too_o with_o chestnut_n and_o walnut_n as_o inconsiderable_a as_o their_o value_n be_v every_o thing_n be_v to_o be_v prize_v above_o gold_n that_o increase_v the_o navigation_n of_o any_o country_n especial_o that_o of_o this_o island_n of_o england_n i_o have_v be_v always_o a_o advocate_n for_o liberty_n and_o a_o enemy_n to_o persecution_n for_o matter_n of_o religion_n and_o so_o i_o be_o confident_a be_v the_o gentleman_n our_o worthy_a author_n as_o the_o follow_a tract_n clear_o evince_n and_o by_o so_o do_v give_v the_o reason_n why_o this_o admirable_a work_n have_v till_o now_o lie_v in_o obscurity_n the_o policy_n and_o council_n of_o the_o late_a reign_v constant_o discountenance_v that_o excellent_a principle_n and_o because_o liberty_n of_o conscience_n be_v frequent_o touch_v in_o this_o ensue_a discourse_n and_o declare_v to_o be_v a_o principal_a mean_n to_o advance_v the_o public_a good_a of_o this_o kingdom_n viz._n trade_n which_o it_o be_v evident_a be_v the_o real_a and_o only_a design_n of_o this_o treatise_n i_o shall_v take_v the_o freedom_n to_o tell_v my_o thought_n very_o plain_o in_o relation_n to_o it_o i_o remember_v that_o great_a master_n of_o historian_n cornelius_n tacitus_n say_v of_o the_o incomparable_a roman_a emperor_n nerva_n that_o he_o do_v reconcile_v res_fw-la olim_fw-la insociabiles_fw-la thing_n never_o before_o adjust_v the_o freedom_n of_o all_o man_n with_o the_o sole_a command_n of_o one_o such_o a_o prince_n i_o hope_v and_o very_o believe_v god_n almighty_a in_o abundant_a mercy_n to_o this_o poor_a nation_n have_v send_v we_o in_o his_o present_a majesty_n our_o true_o good_a and_o gracious_a sovereign_a king_n william_n the_o favourite_n of_o heaven_n and_o delight_n of_o man_n under_o who_o we_o may_v most_o undoubted_o be_v the_o happy_a people_n upon_o the_o face_n of_o the_o whole_a earth_n if_o we_o will_v but_o we_o shall_v never_o attain_v that_o happiness_n and_o hand_n it_o over_o to_o posterity_n except_o we_o all_o as_o well_o dissenter_n as_o church_n of_o england_n man_n do_v sincere_o and_o cordial_o endeavour_v to_o imitate_v the_o wisdom_n and_o goodness_n of_o that_o memorable_a prince_n nerva_n to_o reconcile_v thing_n former_o unsociable_a viz._n liberty_n of_o conscience_n to_o all_o with_o the_o preservation_n of_o one_o entire_a vniform_a national_a church_n in_o the_o enjoyment_n of_o all_o the_o public_a revenue_n thereof_o these_o two_o thing_n in_o my_o most_o unbiased_a retire_a thought_n be_v so_o far_o from_o contradiction_n that_o as_o our_o people_n in_o england_n be_v
profitable_a 6._o we_o have_v people_n enough_o and_o more_o than_o we_o can_v employ_v 7._o to_o suffer_v artificer_n to_o have_v as_o many_o apprentice_n as_o they_o will_v be_v to_o destroy_v trade_n 8._o the_o admission_n of_o stranger_n be_v to_o call_v in_o other_o to_o eat_v the_o bread_n out_o of_o our_o own_o mouth_n 9_o no_o man_n ought_v to_o live_v and_o trade_n in_o a_o corporation_n that_o be_v not_o a_o freeman_n of_o the_o place_n 10._o nor_o shall_v any_o be_v freeman_n that_o be_v not_o the_o son_n of_o freeman_n or_o have_v serve_v seven_o year_n apprenticeship_n 11._o it_o be_v better_a we_o trade_v but_o for_o a_o hundred_o pound_n at_o 20_o per_fw-la cent_n profit_n then_o for_o three_o hundred_o at_o 10_o per_fw-la cent_n profit_n and_o so_o pro_fw-la rata_fw-la 12._o our_o plantation_n depopulate_v and_o consequent_o impoverish_v england_n with_o abundance_n more_o that_o may_v be_v name_v but_o that_o many_o of_o they_o be_v occasional_o hint_v and_o i_o hope_v they_o and_o other_o confute_v in_o the_o follow_a discourse_n by_o what_o have_v be_v say_v and_o what_o follow_v as_o well_o as_o by_o what_o most_o man_n observe_v it_o be_v evident_a that_o this_o kingdom_n be_v wonderful_o fit_v by_o the_o bounty_n of_o god_n almighty_n for_o a_o great_a progression_n in_o wealth_n and_o power_n and_o that_o the_o only_a mean_n to_o arrive_v at_o both_o or_o either_o of_o they_o be_v to_o improve_v and_o advance_v trade_n and_o that_o the_o way_n to_o those_o improvement_n be_v not_o hedge_v up_o with_o thorn_n nor_o hide_v from_o we_o in_o the_o dark_a or_o intrigue_v with_o difficulty_n but_o very_o natural_a and_o facile_a if_o we_o will_v set_v about_o they_o and_o begin_v the_o right_a way_n cast_v off_o some_o of_o our_o old_a mistake_a principle_n in_o trade_n which_o we_o inherit_v from_o our_o ancestor_n who_o be_v soldier_n huntsman_n and_o herdsman_n and_o therefore_o necessary_o unskilful_a in_o the_o mystery_n of_o and_o method_n to_o improve_v trade_n though_o their_o natural_a part_n be_v nothing_o inferior_a to_o we_o trade_n be_v but_o a_o novel_a thing_n in_o england_n comparative_o to_o other_o part_n of_o the_o world_n and_o in_o my_o opinion_n not_o yet_o advance_v to_o the_o one_o five_o part_n of_o improvement_n that_o this_o land_n be_v capable_a of_o and_o i_o think_v no_o true_a englishman_n will_v deny_v that_o the_o season_n ●ries_v aloud_o to_o we_o to_o be_v up_o and_o do_v before_o our_o field_n become_v unoccupied_a and_o before_o the_o dutch_a get_v too_o much_o the_o whip-hand_n of_o we_o who_o in_o such_o a_o case_n be_v they_o free_v from_o their_o french_a fear_n which_o they_o labour_v under_o at_o present_a i_o fear_v we_o shall_v find_v as_o severe_a taskmaster_n as_o ever_o the_o athenian_n be_v to_o the_o lesser_a trade_n city_n of_o greece_n neither_o be_v the_o dutch_a the_o only_a neighbour_n we_o have_v at_o this_o time_n for_o corrival_n in_o trade_n but_o the_o french_a king_n and_o king_n of_o sweeden_n be_v now_o as_o active_a circumspect_a industrious_a and_o prospective_n too_o in_o this_o affair_n and_o have_v and_o be_v order_v thing_n as_o prudent_o for_o promote_a thereof_o as_o the_o dutch_a themselves_o when_o i_o begin_v to_o write_v this_o treatise_n i_o intend_v not_o to_o enlarge_v upon_o so_o many_o particular_n and_o the_o rather_o because_o nothing_o can_v be_v say_v for_o public_a good_a but_o will_v cross_v the_o particular_a end_n as_o well_o as_o the_o opinion_n of_o many_o private_a person_n and_o still_o the_o more_o be_v say_v the_o more_o be_v disoblige_v but_o my_o duty_n to_o my_o country_n overcome_v those_o doubtful_a consideration_n i_o have_v adventure_v this_o second_o time_n to_o expose_v my_o conception_n to_o public_a censure_n with_o this_o confidence_n that_o after_o these_o principle_n have_v suffer_v the_o accustomary_a persecution_n of_o tongue_n and_o pen_n natural_o and_o constant_o accompany_v all_o new_a proposal_n for_o a_o while_n they_o will_v at_o length_n the_o most_o if_o not_o all_o of_o they_o or_o something_o very_o like_o they_o come_v to_o be_v general_o receive_v and_o honour_v with_o the_o public_a sanction_n by_o be_v pass_v into_o law_n gradual_o not_o at_o once_o concern_v the_o time_n whereof_o i_o be_o not_o careful_a but_o for_o my_o country_n sake_n i_o can_v wish_v it_o may_v be_v shorten_v the_o content_n first_o a_o discourse_n concern_v trade_n etc._n etc._n chap._n i._n a_o short_a reply_n to_o a_o treatise_n entitle_v interest_n of_o money_n mistake_v p._n 1._o chap._n ii_o concern_v the_o relief_n and_o employment_n of_o the_o poor_a p._n 55._o chap._n iii_o concern_v company_n of_o merchant_n p._n 80._o chap._n iu._n concern_v the_o act_n of_o navigation_n p._n 90._o chap._n v._n concern_v transferrance_n of_o debt_n p._n 106._o chap._n vi_o concern_v a_o court-merchant_n p._n 112._o chap._n vii_o concern_v naturalisation_n p._n 122._o chap._n viii_o concern_v wool_n and_o woollen_a manufacture_n p._n 127._o chap._n ix_o concern_v the_o balance_n of_o trade_n p._n 135._o chap._n x._o concern_v plantation_n p._n 164._o a_o small_a treatise_n against_o usury_n p._n 205._o a_o discourse_n concern_v trade_n etc._n etc._n the_o prodigious_a increase_n of_o the_o netherlander_n in_o their_o domestic_a and_o foreign_a trade_n riches_n and_o multitude_n of_o ship_n be_v the_o envy_n of_o the_o present_a and_o may_v be_v the_o wonder_n of_o all_o future_a generation_n and_o yet_o the_o mean_n whereby_o they_o have_v thus_o advance_v themselves_o be_v sufficient_o obvious_a and_o in_o a_o great_a measure_n imitable_a by_o most_o other_o nation_n but_o more_o easy_o by_o we_o of_o this_o kingdom_n of_o england_n which_o i_o shall_v endeavour_v to_o demonstrate_v in_o the_o follow_a discourse_n some_o of_o the_o say_a mean_n by_o which_o they_o have_v advance_v their_o trade_n and_o thereby_o improve_v their_o estate_n be_v these_o follow_v first_o they_o have_v in_o their_o great_a council_n of_o state_n and_o war_n trading-merchant_n that_o have_v live_v abroad_o in_o most_o part_n of_o the_o world_n who_o have_v not_o only_o the_o theoretical_a knowledge_n but_o the_o practical_a experience_n of_o trade_n by_o who_o law_n and_o order_n be_v contrive_v and_o peace_n with_o foreign_a prince_n project_v to_o the_o great_a advantage_n of_o their_o trade_n second_o their_o law_n of_o gavel-kind_n whereby_o all_o their_o child_n possess_v a_o equal_a share_n of_o their_o father_n estate_n after_o their_o decease_n and_o so_o be_v not_o leave_v to_o wrestle_v with_o the_o world_n in_o their_o youth_n with_o inconsiderable_a assistance_n of_o fortune_n as_o most_o of_o our_o young_a son_n of_o gentleman_n in_o england_n be_v who_o be_v bind_v apprentice_n to_o merchant_n three_o their_o exact_a make_n of_o all_o their_o native_a commodity_n and_o pack_v of_o their_o herring_n codfish_n and_o all_o other_o commodity_n which_o they_o send_v abroad_o in_o great_a quantity_n the_o consequence_n whereof_o be_v that_o the_o repute_n of_o their_o say_a commodity_n abroad_o continue_v always_o good_a and_o the_o buyer_n will_v accept_v of_o they_o by_o the_o mark_n without_o open_v whereas_o the_o fish_n which_o our_o english_a make_v in_o newfoundland_n and_o new-england_n and_o herring_n at_o yarmouth_n often_o prove_v false_a and_o deceitful_o make_v and_o our_o pilchard_n from_o the_o west-country_n false_a pack_v seldom_o contain_v the_o quantity_n for_o which_o the_o hogshead_n be_v mark_v in_o which_o they_o be_v pack_v and_o in_o england_n the_o attempt_n which_o our_o forefather_n make_v for_o regulate_v of_o manufacture_n when_o leave_v to_o the_o execution_n of_o some_o particular_a person_n in_o a_o short_a time_n resolve_v but_o into_o a_o tax_n upon_o the_o commodity_n without_o respect_n to_o the_o goodness_n thereof_o as_o most_o notorious_o appear_v in_o the_o business_n of_o the_o aulnage_n which_o doubtless_o our_o predecessor_n intend_v for_o a_o scrutiny_n into_o the_o goodness_n of_o the_o commodity_n and_o to_o that_o purpose_n a_o seal_n be_v invent_v as_o a_o signal_n that_o the_o commodity_n be_v make_v according_a to_o the_o statute_n which_o seal_v it_o be_v say_v may_v now_o be_v buy_v by_o thousand_o and_o put_v upon_o what_o the_o buyer_n please_v four_o their_o give_v great_a encouragement_n and_o immunity_n to_o the_o inventor_n of_o new_a manufacture_n and_o the_o discoverer_n of_o any_o new_a mystery_n in_o trade_n and_o to_o those_o that_o shall_v bring_v the_o commodity_n of_o other_o nation_n first_o in_o use_n and_o practice_n among_o they_o for_o which_o the_o author_n never_o go_v without_o his_o due_a reward_n allow_v he_o at_o the_o public_a charge_n five_o their_o contrive_v and_o building_n of_o great_a ship_n to_o sail_v with_o small_a charge_n not_o above_o one_o three_o of_o what_o we_o be_v at_o for_o ship_n
of_o the_o same_o burden_n in_o england_n and_o compel_v their_o say_a ship_n be_v of_o small_a force_n to_o sail_v always_o in_o fleet_n to_o which_o in_o all_o time_n of_o danger_n they_o allow_v convoy_n six_o their_o parsimonious_a and_o thrifty_a live_n which_o be_v so_o extraordinary_a that_o a_o merchant_n of_o one_o hundred_o thousand_o pound_v estate_n with_o they_o will_v scarce_o spend_v so_o much_o per_fw-la annum_fw-la as_o one_o of_o fifteen_o hundred_o pound_n estate_n in_o london_n seven_o the_o education_n of_o their_o child_n as_o well_o daughter_n as_o son_n all_o which_o be_v they_o of_o never_o so_o great_a quality_n or_o estate_n they_o always_o take_v care_n to_o bring_v up_o to_o write_v perfect_a good_a hand_n and_o to_o have_v the_o full_a knowledge_n and_o use_n of_o arithemetick_n and_o merchants-account_n the_o well_o understand_v and_o practice_n whereof_o do_v strange_o infuse_v into_o most_o that_o be_v the_o owner_n of_o that_o quality_n of_o either_o sex_n not_o only_o a_o ability_n for_o commerce_n of_o all_o kind_n but_o a_o strong_a aptitude_n love_n and_o delight_n in_o it_o and_o in_o regard_n the_o woman_n be_v as_o know_v therein_o as_o the_o man_n it_o do_v encourage_v their_o husband_n to_o hold_v on_o in_o their_o trade_n to_o their_o die_a day_n know_v the_o capacity_n of_o their_o wife_n to_o get_v in_o their_o estate_n and_o carry_v on_o their_o trade_n after_o their_o death_n whereas_o if_o a_o merchant_n in_o england_n arrive_v at_o any_o considerable_a estate_n he_o common_o withdraws_a his_o estate_n from_o trade_n before_o he_o come_v near_o the_o confine_n of_o old_a age_n reckon_v that_o if_o god_n shall_v call_v he_o out_o of_o the_o world_n while_o the_o main_a of_o his_o estate_n be_v engage_v abroad_o in_o trade_n he_o must_v lose_v one_o three_o of_o it_o through_o the_o unexperience_n and_o unaptness_n of_o his_o wife_n to_o such_o affair_n and_o so_o it_o usual_o fall_v out_o beside_o it_o have_v be_v observe_v in_o the_o nature_n of_o arithmetic_n that_o like_o other_o part_n of_o the_o mathematics_n it_o do_v not_o only_o improve_v the_o rational_a faculty_n but_o incline_v those_o that_o be_v expert_a in_o it_o to_o thriftiness_n and_o good-husbandry_n and_o prevent_v both_o husband_n and_o wife_n in_o some_o measure_n from_o run_v out_o of_o their_o estate_n when_o they_o have_v it_o always_o ready_a in_o their_o head_n what_o their_o expense_n do_v amount_v to_o and_o how_o soon_o by_o that_o course_n their_o ruin_n must_v overtake_v they_o eight_o the_o lowness_n of_o their_o custom_n and_o the_o height_n of_o their_o excise_n which_o be_v certain_o the_o most_o equal_a and_o indifferent_a tax_n in_o the_o world_n and_o least_o prejudical_a to_o any_o people_n as_o may_v be_v make_v appear_v be_v it_o the_o subject_n of_o this_o discourse_n nine_o the_o careful_a provide_v for_o and_o employment_n of_o their_o poor_a which_o it_o be_v easy_a to_o demonstrate_v can_v never_o be_v do_v in_o england_n comparative_o to_o what_o it_o be_v with_o they_o while_o it_o be_v leave_v to_o the_o care_n of_o every_o parish_n to_o look_v after_o their_o own_o only_a ten_o their_o use_n of_o bank_n which_o be_v of_o so_o immense_a advantage_n to_o they_o that_o some_o not_o without_o good_a ground_n have_v estimate_v the_o profit_n of_o they_o to_o the_o public_a to_o amount_v to_o at_o least_o one_o million_o of_o pound_n sterling_a per_fw-la annum_fw-la eleven_o their_o toleration_n of_o different_a opinion_n in_o matter_n of_o religion_n by_o reason_n whereof_o many_o industrious_a people_n of_o other_o country_n that_o dissent_n from_o the_o establish_v government_n of_o their_o own_o church_n resort_n to_o they_o with_o thetr_n family_n and_o estate_n and_o after_o a_o few_o year_n co-habitation_n with_o they_o become_v of_o the_o same_o common_a interest_n twelve_o their_o law-merchant_n by_o which_o all_o controversy_n between_o merchant_n and_o tradesman_n be_v decide_v in_o three_o or_o four_o day_n time_n and_o that_o not_o at_o the_o forty_o part_n i_o may_v say_v in_o many_o case_n not_o the_o hundred_o part_n of_o the_o charge_n they_o be_v with_o we_o thirteen_o the_o law_n that_o be_v in_o use_n among_o they_o for_o transference_n of_o bill_n for_o debt_n from_o one_o man_n to_o another_o this_o be_v of_o extraordinary_a advantage_n to_o they_o in_o their_o commerce_n by_o mean_n whereof_o they_o can_v turn_v their_o stock_n twice_o or_o thrice_o in_o trade_n for_o once_o that_o we_o can_v in_o england_n for_o that_o have_v sell_v our_o foreign_a good_n here_o we_o can_v buy_v again_o to_o advantage_n till_o we_o be_v possess_v of_o our_o money_n which_o it_o may_v be_v we_o shall_v be_v six_o nine_o or_o twelve_o month_n in_o recover_v and_o if_o what_o we_o sell_v be_v considerable_a it_o be_v a_o good_a man_n work_n all_o the_o year_n to_o be_v follow_v vintner_n and_o shopkeeper_n for_o money_n whereas_o be_v the_o law_n for_o transfer_v bill_n in_o practice_n with_o we_o we_o can_v present_o after_o sale_n of_o our_o good_n dispose_v of_o our_o bill_n and_o close_o up_o our_o account_n to_o do_v which_o the_o advantage_n ease_n and_o accommodation_n it_o will_v be_v to_o trade_n be_v so_o great_a that_o none_o but_o merchant_n that_o have_v live_v where_o that_o custom_n be_v in_o use_n can_v value_v to_o its_o due_a proportion_n fourteen_o their_o keep_n up_o public_a register_n of_o all_o land_n and_o house_n sell_v or_o mortgage_v whereby_o many_o chargeable_a law-suit_n be_v prevent_v and_o the_o security_n of_o land_n and_o house_n render_v indeed_o such_o as_o we_o common_o call_v they_o real_a security_n last_o the_o lowness_n of_o interest_n of_o money_n with_o they_o which_o in_o peaceable_a time_n exceed_v not_o three_o per_n cent_n per_fw-la annum_fw-la and_o be_v now_o during_o this_o war_n with_o england_n not_o above_o four_o per_fw-la cent_n at_o most_o some_o more_o particular_n may_v be_v add_v and_o those_o aforesaid_a further_o improve_v be_v it_o my_o purpose_n to_o discourse_v at_o large_a of_o trade_n but_o see_v most_o of_o the_o former_a particular_n be_v observe_v and_o grant_v by_o all_o man_n that_o make_v it_o any_o part_n of_o their_o business_n to_o inspect_v the_o true_a nature_n and_o principle_n of_o trade_n but_o the_o last_o be_v not_o so_o much_o as_o take_v notice_n of_o by_o the_o most_o ingenious_a to_o be_v any_o cause_n of_o the_o great_a increase_n of_o the_o riches_n and_o commerce_n of_o that_o people_n i_o shall_v therefore_o in_o this_o paper_n confine_v myself_o to_o write_v principal_o my_o observation_n touch_v that_o viz._n the_o profit_n that_o people_n have_v receive_v and_o any_o other_o may_v receive_v by_o reduce_v the_o interest_n of_o money_n to_o a_o very_a low_a rate_n this_o in_o my_o poor_a opinion_n be_v the_o causa_fw-la causans_fw-la of_o all_o the_o other_o cause_n of_o the_o riches_n of_o that_o people_n and_o that_o if_o interest_n of_o money_n be_v with_o we_o reduce●_n to_o the_o same_o rate_n it_o be_v with_o they_o i●_n will_v in_o a_o short_a time_n render_v we_o as_o ric●_n and_o considerable_a in_o trade_n as_o they_o no●_n be_v and_o consequent_o be_v of_o greate●_n damage_n to_o they_o and_o advantage_n to_o we_o then_o can_v happen_v by_o the_o issue_n of_o this_o present_a war_n though_o the_o success_n of_o it_o shall_v be_v as_o good_a as_o we_o can_v wish_v except_o it_o end_v in_o the●r_n total_a ruin_n and_o extirpation_n to_o illustrate_v this_o let_v we_o impartial_o search_v our_o book_n and_o inquire_v what_o the_o state_n and_o condition_n of_o this_o kingdom_n be_v as_o to_o trade_n and_o riches_n before_o any_o law_n concern_v interest_n of_o money_n be_v make_v the_o first_o whereof_o that_o i_o can_v find_v be_v anno_fw-la 1545._o and_o we_o shall_v be_v inform_v that_o the_o trade_n of_o england_n then_o be_v inconsiderable_a and_o the_o merchant_n very_o mean_a and_o few_o and_o that_o afterward_o viz._n anno_fw-la 1635._o within_o ten_o year_n after_o interest_n be_v bring_v down_o to_o eight_o per_fw-la cent_z there_o be_v more_o merchant_n to_o be_v find_v upon_o the_o exchange_n worth_n each_o one_o thousand_o pound_n and_o upward_o than_o be_v in_o the_o former_a day_n viz._n before_o the_o year_n 1600._o to_o be_v find_v worth_n one_o hundred_o pound_n each_o and_o now_o since_o interest_n have_v be_v for_o about_o twenty_o year_n at_o six_o per_fw-la cent_z notwithstanding_o our_o long_a civil_a war_n and_o the_o great_a complaint_n of_o the_o deadness_n of_o trade_n there_o be_v more_o man_n to_o be_v find_v upon_o the_o exchange_n now_o worth_a ten_o thousand_o pound_n estate_n than_o be_v then_o of_o one_o thousand_o pound_n and_o if_o this_o be_v doubt_v let_v we_o ask_v the_o age_a whether_o five_o hundred_o
supplement_n the_o foregoing_a discourse_n i_o write_v in_o the_o sickness-summer_n at_o my_o country-habitation_n not_o then_o intend_v to_o publish_v it_o but_o only_o to_o communicate_v it_o to_o some_o honourable_a and_o ingenious_a friend_n of_o the_o present_a parliament_n who_o be_v please_v to_o take_v copy_n of_o it_o for_o their_o own_o deliberate_a consideration_n and_o digestion_n of_o the_o principle_n therein_o assert_v which_o at_o first_o be_v strange_a to_o they_o as_o i_o expect_v they_o will_v be_v to_o most_o other_o till_o they_o have_v spend_v some_o time_n in_o think_v on_o they_o after_o which_o i_o doubt_v not_o but_o all_o man_n will_v be_v convince_v of_o the_o tru●h_n of_o they_o that_o have_v not_o some_o private_a interest_n of_o heir_n own_o against_o they_o external_a to_o the_o general_a good_a of_o the_o kingdom_n for_o sure_o i_o be_o they_o have_v a_o foundation_n in_o nature_n and_o that_o according_a to_o the_o excellent_a sir_n william_n petty_n observation_n in_o his_o late_a discourse_n concern_v tax_n res_fw-la nolune_n male_a administrare_fw-la nature_n must_v and_o will_v have_v its_o course_n the_o matter_n in_o england_n be_v prepare_v for_o a_o abatement_n of_o interest_n and_o it_o can_v long_o be_v obstruct_v and_o after_o the_o next_o abatement_n who_o ever_o live_v forty_o year_n long_o shall_v see_v a_o second_o abatement_n for_o we_o shall_v never_o stand_v on_o even_a ground_n in_o trade_n with_o the_o dutch_a till_o interest_n be_v the_o same_o with_o we_o as_o it_o be_v with_o they_o his_o majesty_n be_v gracious_o please_v at_o the_o open_n of_o the_o last_o session_n of_o this_o parliament_n to_o propose_v to_o the_o consideration_n of_o both_o house_n the_o balance_a of_o the_o trade_n of_o the_o nation_n to_o effect_v which_o in_o my_o opinion_n the_o abatement_n of_o interest_n be_v the_o first_o and_o principal_a engine_n which_o ought_v to_o be_v set_v on_o work_n which_o notwithstanding_o i_o shall_v not_o have_v presume_v to_o expose_v it_o to_o public_a censure_n on_o my_o own_o single_a opinion_n if_o i_o have_v not_o have_v the_o concurrence_n of_o much_o better_a judgement_n than_o my_o own_o have_v never_o see_v any_o thing_n in_o print_n for_o it_o though_o much_o against_o it_o until_o the_o latter_a end_n of_o january_n last_o at_o which_o time_n a_o friend_n who_o i_o have_v often_o discourse_v with_o upon_o this_o subject_n meet_v with_o by_o accident_n a_o small_a tract_n to_o the_o same_o purpose_n write_v near_o fifty_o year_n ago_o which_o he_o give_v i_o and_o i_o have_v for_o public_a good_a think_v fit_a to_o annex_v it_o hereunto_o verbatim_o the_o author_n of_o the_o say_v tract_n by_o the_o stile_n thereof_o seem_v to_o have_v be_v a_o country_n gentleman_n and_o my_o education_n have_v most_o be_v that_o of_o a_o merchant_n so_o i_o hope_v that_o go_v together_o they_o may_v in_o some_o measure_n supply_v the_o defect_n of_o each_o other_o another_o reason_n that_o induce_v i_o to_o to_o the_o print_n of_o they_o together_o be_v because_o what_o he_o write_v then_o will_v be_v the_o consequence_n of_o the_o abatement_n of_o interest_n from_o ten_o to_o six_o per_fw-la cent_n i_o have_v i_o think_v full_o prove_v to_o the_o conviction_n of_o all_o man_n not_o wilful_o blind_a have_v be_v the_o real_a effect_n thereof_o and_o that_o to_o a_o great_a proportion_n than_o he_o do_v premise_v every_o paragraph_n whereof_o be_v write_v by_o i_o and_o copy_n thereof_o deliver_v to_o several_a worthy_a member_n of_o this_o parliament_n many_o month_n before_o ever_o i_o see_v or_o hear_v of_o this_o or_o any_o thing_n else_o write_v or_o print_v to_o the_o like_a purpose_n what_o i_o have_v aim_v at_o in_o the_o whole_a be_v the_o good_a of_o my_o native_a country_n otherwise_o i_o have_v not_o busy_v myself_o about_o it_o for_o i_o want_v not_o employment_n sufficient_a of_o my_o own_o nor_o have_v reason_n to_o be_v out_o of_o love_n with_o that_o i_o have_v the_o several_a particular_n in_o the_o begin_n of_o this_o treatise_n relate_v to_o trade_n i_o have_v only_o hint_v in_o general_a term_n hope_v that_o some_o able_a pen_n will_v hereafter_o be_v incite_v for_o the_o service_n of_o his_o king_n and_o country_n to_o enlarge_v more_o particular_o upon_o they_o before_o i_o conclude_v though_o i_o have_v study_v brevity_n in_o the_o whole_a i_o can_v omit_v the_o insert_v of_o one_o objection_n more_o which_o i_o have_v late_o meet_v with_o to_o the_o main_a design_n of_o this_o treatise_n viz._n object_n it_o be_v say_v that_o the_o lowness_n of_o interest_n of_o money_n in_o holland_n be_v not_o the_o effect_n of_o law_n but_o proceed_v only_a from_z their_o abundance_n thereof_o for_o that_o in_o holland_n there_o be_v no_o law_n limit_v the_o rate_n of_o usury_n answ._n i_o answer_v that_o it_o may_v be_v true_a that_o in_o holland_n there_o have_v not_o late_o be_v any_o law_n to_o limit_v usury_n to_o the_o present_a rate_n it_o be_v now_o at_o i._n e._n three_o or_o four_o per_fw-la cent_n although_o most_o certain_a it_o be_v that_o many_o year_n since_o there_o be_v a_o law_n that_o do_v limit_v it_o to_o five_o or_o six_o at_o most_o and_o by_o consequence_n there_o will_v be_v a_o renew_n of_o that_o law_n to_o a_o lesser_a rate_n be_v it_o necessary_a at_o this_o time_n it_o have_v always_o be_v the_o policy_n of_o that_o people_n to_o keep_v down_o the_o interest_n of_o their_o money_n three_o or_o four_o per_fw-la cent_n under_o the_o rate_n of_o what_o be_v usual_o pay_v in_o their_o neighbour_a country_n which_o be_v now_o natural_o do_v it_o be_v needless_a to_o use_v the_o artificial_a stratagem_n of_o a_o law_n to_o establish_v answ._n 2._o although_o they_o have_v no_o law_n express_o limit_v interest_n at_o present_a yet_o they_o have_v other_o law_n which_o we_o can_v yet_o arrive_v to_o which_o do_v effect_v the_o same_o thing_n among_o they_o and_o will_v do_v the_o like_a among_o we_o if_o we_o can_v have_v they_o one_o whereof_o be_v their_o ascertain_v real_a security_n by_o their_o public_a register_n for_o we_o see_v evident_o money_n be_v not_o so_o much_o want_v in_o england_n as_o security_n which_o man_n account_v infallible_a a_o remarkable_a instance_n whereof_o be_v the_o east-india-company_n who_o can_v and_o do_v take_v up_o what_o money_n they_o please_v for_o four_o per_fw-la cent_n at_o any_o time_n another_o law_n be_v their_o constitution_n of_o bank_n and_o lumbards_n whereby_o private_a person_n that_o have_v but_o tolerable_a credit_n may_v be_v supply_v at_o easy_a rate_n from_o the_o state_n a_o three_o and_o very_o considerable_a one_o be_v their_o law_n for_o transfer_v bill_n of_o debt_n mention_v in_o the_o begin_n of_o this_o discourse_n a_o four_o which_o be_v a_o custom_n and_o in_o effect_n may_v be_v here_o to_o our_o purpose_n account_v as_o a_o law_n be_v the_o extraordinary_a frugality_n use_v in_o all_o their_o public_a affair_n which_o in_o their_o great_a extremity_n have_v be_v such_o as_o not_o to_o compel_v they_o to_o give_v above_o four_o per_fw-la cent_n for_o the_o loan_n of_o money_n whereas_o it_o be_v say_v his_o majesty_n in_o some_o case_n of_o exigency_n when_o the_o national_a supply_n have_v not_o come_v in_o to_o answer_v the_o present_a emergency_n of_o affair_n have_v be_v enforce_v to_o give_v above_o the_o usual_a rate_n to_o goldsmith_n and_o that_o encourage_v they_o to_o take_v up_o great_a sum_n from_o private_a person_n at_o the_o full_a rate_n of_o six_o per_fw-la cent_n whereas_o former_o they_o usul_o give_v but_o four_o per_fw-la cent_n otherwise_o in_o (null)_o probability_n money_n will_v have_v fall_v of_o itself_o to_o four_o per_fw-la cent_n but_o again_o to_o conclude_v every_o nation_n do_v proceed_v according_a to_o peculiar_a method_n of_o their_o own_o in_o the_o transaction_n of_o their_o public_a affair_n and_o law-making_a and_o in_o this_o kingdom_n it_o have_v always_o be_v the_o custom_n to_o reduce_v the_o rate_n of_o interest_n by_o a_o law_n when_o nature_n have_v prepare_v the_o matter_n fit_a for_o such_o a_o alteration_n as_o now_o i_o say_v it_o have_v by_o a_o law_n it_o be_v reduce_v from_o a_o unlimited_a rate_n to_o ten_o and_o afterward_o from_o ten_o to_o eight_o after_o that_o from_o eight_o to_o six_o and_o through_o the_o blessing_n of_o almighty_n god_n this_o kingdom_n have_v find_v as_o i_o think_v i_o have_v full_o prove_v and_o every_o man_n experience_n will_v witness_v prodigious_a success_n and_o advantage_n thereby_o and_o i_o doubt_v not_o through_o the_o like_a blessing_n of_o god_n almighty_n but_o this_o generation_n will_v find_v the_o like_a great_a and_o good_a effect_n by_o the_o reduction_n of_o it_o from_o six_o to_o four_o which_o be_v now_o at_o
to_o impose_v upon_o his_o country_n and_o now_o that_o our_o interest_n be_v at_o 6_o per_fw-la cent_n as_o the_o same_o worthy_a author_n do_v wise_o foresee_v i_o appeal_v to_o the_o judgement_n and_o experience_n of_o my_o country_n man_n whether_o the_o genuine_a price_n of_o our_o land_n in_o england_n now_o will_v not_o be_v 20_o year_n purchase_v be_v it_o not_o for_o accidental_a pressure_n under_o which_o it_o labour_v at_o present_a such_o as_o these_o 1._o our_o late_a great_a land_n tax_n 2._o and_o principal_o the_o late_a great_a improvement_n of_o ireland_n mention_v in_o my_o former_a treatise_n the_o consequence_n whereof_o be_v that_o that_o country_n now_o supply_v foreign_a market_n as_o well_o as_o our_o own_o plantation_n in_o america_n with_o beef_n pork_n hides_n tallow_n bread_n beer_n wool_n and_o corn_n at_o cheap_a rate_n than_o we_o can_v afford_v to_o the_o beat_v we_o out_o of_o those_o trade_n whereas_o former_o viz._n present_o after_o the_o late_a irish_a war_n many_o man_n get_v good_a estate_n by_o transport_v english_a cattle_n thither_o and_o that_o the_o improvement_n of_o ireland_n be_v the_o principal_a cause_n why_o our_o land_n in_o purchase_n rise_v not_o as_o natural_o they_o shall_v with_o the_o fall_n of_o our_o interest_n appear_v evident_o from_o the_o effect_n the_o fall_n of_o interest_n have_v have_v upon_o house_n in_o london_n where_o the_o growth_n of_o ireland_n can_v have_v no_o such_o destructive_a influence_n which_o have_v be_v so_o considerable_a that_o whosoever_o will_v please_v to_o inform_v themselves_o by_o old_a scrivener_n or_o ancient_a deed_n shall_v find_v that_o a_o house_n in_o london_n about_o fifty_o year_n past_a that_o will_v sell_v but_o for_o 300_o l._n at_o most_o will_v ready_o sell_v within_o a_o short_a time_n af●er_o interest_n be_v bring_v to_o 8_o per_fw-la cent_n at_o 5_o or_o 600_o l._n and_o the_o same_o house_n to_o be_v sell_v sometime_o after_o interest_n be_v bring_v to_o 6_o per_fw-la cent_n viz._n before_o and_o after_o the_o late_a dutch_a war_n will_v have_v yield_v without_o scruple_n 1000_o or_o 1200_o l._n the_o abatement_n of_o interest_n have_v have_v a_o double_a effect_n upon_o house_n by_o increase_a trade_n and_o consequent_o raise_v rent_n as_o well_o as_o increase_n the_o number_n of_o year_n purchase_v 3._o a_o three_o reason_n why_o land_n do_v not_o at_o present_a bear_v a_o exact_a proportion_n to_o 6_o per_fw-la cent_n which_o shall_v natural_o be_v twenty_o year_n be_v the_o late_a plague_n which_o do_v much_o depopulate_v this_o kingdom_n 4._o the_o late_a fire_n in_o london_n which_o have_v engage_v man_n in_o building_n in_o the_o city_n who_o otherwise_o will_v have_v be_v purchase_v in_o the_o country_n 5._o the_o unusual_a plenty_n of_o corn_n which_o have_v be_v for_o these_o three_o or_o four_o year_n pass_v in_o most_o part_n of_o christendom_n the_o like_a whereof_o have_v be_v seldom_o know_v it_o happen_v most_o common_o that_o when_o one_o country_n have_v have_v great_a plenty_n other_o have_v have_v great_a scarcity_n 6._o the_o rack_a up_o of_o rent_n in_o the_o year_n 1651._o and_o 1652._o which_o be_v present_o after_o the_o last_o abatement_n of_o interest_n a_o seven_o accidental_a reason_n why_o land_n do_v not_o sell_v at_o present_a at_o the_o rate_n it_o natural_o shall_v in_o proportion_n to_o the_o legal_a interest_n be_v that_o innovate_v practice_n of_o banker_n in_o london_n which_o have_v more_o effect_n attend_v it_o then_o most_o i_o converse_v with_o have_v yet_o observe_v but_o i_o shall_v here_o take_v notice_n of_o that_o only_a which_o be_v to_o my_o present_a purpose_n viz._n the_o gentleman_n that_o be_v banker_n have_v a_o large_a interest_n from_o his_o majesty_n for_o what_o they_o advance_v upon_o his_o majesty_n revenue_n can_v afford_v to_o give_v the_o full_a legal_a interest_n to_o all_o person_n that_o put_v money_n into_o their_o hand_n though_o for_o never_o so_o short_a or_o long_o a_o time_n which_o make_v the_o trade_n of_o usury_n so_o easy_a and_o hitherto_o safe_a that_o few_o after_o have_v find_v the_o sweetness_n of_o this_o lazy_a way_n of_o improvement_n be_v by_o continuance_n and_o success_n grow_v to_o fancy_n themselves_o secure_a in_o it_o can_v be_v lead_v there_o be_v neither_o ease_n nor_o profit_n to_o invite_v they_o to_o lay_v out_o their_o money_n in_o land_n though_o at_o 15_o year_n purchase_v whereas_o before_o this_o way_n of_o private_a banker_a come_n up_o man_n that_o have_v money_n be_v force_v ofttimes_o to_o let_v it_o lie_v dead_a by_o they_o until_o they_o can_v meet_v with_o security_n to_o their_o mind_n and_o if_o the_o like_a necessity_n be_v now_o of_o money_n lie_v dead_a the_o loss_n of_o use_n for_o the_o dead_a time_n be_v deduct_v from_o the_o profit_n of_o 6_o l._n per_fw-la cent_z communibus_fw-la annis_fw-la will_v in_o effect_n take_v off_o 1_o l._n per_fw-la cent_z per_fw-la annum_fw-la of_o the_o profit_n of_o usury_n and_o consequent_o incline_v man_n more_o to_o purchase_v land_n in_o regard_n the_o difference_n between_o usury_n and_o purchase_n will_v not_o in_o point_n of_o profit_n be_v so_o great_a as_o now_o it_o be_v this_o new_a invention_n of_o cashcire_v have_v in_o my_o opinion_n clear_o better_v the_o usurer_n trade_n 1_o or_o 2_o per_fw-la cent_z per_fw-la annum_fw-la and_o that_o this_o way_n of_o leave_v money_n with_o goldsmith_n have_v have_v the_o aforesaid_a effect_n seem_v evident_a to_o i_o from_o the_o scarcity_n it_o make_v of_o money_n in_o the_o country_n for_o the_o trade_n of_o banker_n be_v only_o in_o london_n do_v very_o much_o drain_v the_o ready_a money_n from_o all_o other_o part_n of_o the_o kingdom_n the_o second_o point_n i_o be_o to_o prove_v be_v that_o it_o will_v advance_v the_o rent_n of_o farm_n to_o prove_v that_o it_o do_v so_o in_o fact_n depend_v on_o memory_n and_o for_o my_o own_o part_n i_o and_o most_o other_o i_o converse_v with_o do_v perfect_o remember_v that_o rent_n do_v general_o rise_v after_o the_o late_a abatement_n of_o interest_n viz._n in_o the_o year_n 1651._o and_o 1652._o the_o reason_n why_o they_o do_v so_o be_v from_o the_o encouragement_n which_o that_o abatement_n of_o interest_n give_v to_o landlord_n and_o tenant_n to_o improve_v by_o draining_n marling_n lime_a etc._n etc._n excellent_o make_v out_o by_o the_o aforesaid_a two_o worthy_a author_n so_o that_o i_o do_v i_o think_v with_o good_a reason_n conclude_v that_o the_o present_a fall_n of_o rent_n be_v not_o natural_a but_o accidental_a and_o to_o be_v ascribe_v principal_o to_o the_o foregoing_a reason_n give_v for_o the_o present_a abatement_n of_o land_n in_o purchase_n and_o especial_o to_o the_o late_a improvement_n of_o ireland_n the_o three_o thing_n i_o be_o to_o prove_v be_v that_o the_o abatement_n of_o interest_n will_v increase_v the_o bulk_n of_o foreign_a trade_n which_o i_o do_v thus_o by_o evidence_n of_o fact_n it_o have_v be_v so_o in_o england_n the_o increase_n of_o our_o trade_n have_v always_o follow_v the_o abatement_n of_o our_o interest_n by_o law_n i_o say_v not_o precede_v but_o follow_v it_o and_o the_o cause_n do_v always_o go_v before_o the_o effect_n which_o i_o think_v i_o have_v evident_o demonstrate_v in_o my_o former_a treatise_n if_o any_o doubt_n of_o this_o and_o will_v be_v at_o the_o pain_n to_o examine_v the_o custom-house_n book_n they_o may_v soon_o be_v resolve_v 2._o by_o authority_n not_o only_o of_o that_o ancient_a gentleman_n sir_n thomas_n culpepper_n in_o his_o second_o treatise_n and_o therein_o of_o the_o judgement_n of_o the_o french_a king_n and_o court_n in_o a_o edict_n there_o recite_v but_o likewise_o of_o a_o parliament_n of_o england_n king_n lord_n &_o commons_o in_o the_o act_n for_o reduce_v it_o to_o 6_o per_fw-mi cent_z in_o the_o preamble_n whereof_o be_v these_o word_n viz._n forasmuch_o as_o the_o abatement_n of_o interest_n from_o 10_o in_o the_o hundred_o in_o former_a time_n have_v be_v find_v by_o notable_a experience_n beneficial_a to_o the_o advancement_n of_o trade_n and_o improvement_n of_o land_n by_o good_a husbandry_n with_o many_o other_o considerable_a advantage_n to_o this_o nation_n especial_o the_o reduce_n of_o it_o to_o a_o near_a proportion_n with_o foreign_a state_n with_o who_o we_o traffic_n and_o whereas_o in_o fresh_a memory_n the_o like_a fall_n from_o 8_o to_o 6_o in_o the_o hundred_o by_o a_o late_a constant_a practice_n have_v find_v the_o like_a success_n to_o the_o general_a contentment_n of_o this_o nation_n as_o be_v visible_a by_o several_a improvement_n etc._n etc._n 3._o by_o necessary_a consequence_n when_o interest_n be_v abate_v they_o who_o call_v in_o their_o money_n must_v either_o buy_v land_n or_o trade_n with_o it_o if_o they_o buy_v land_n the_o many_o
be_v our_o law_n against_o exportation_n of_o bullion_n late_o repeal_v 5th_o such_o be_v the_o use_n of_o the_o law_n at_o present_a which_o take_v not_o only_o a_o custom_n but_o 15_o s._n per_fw-la tun_n excise_n on_o strong_a beer_n export_v be_v the_o same_o rate_v it_o pay_v when_o spend_v at_o home_n contrary_a to_o the_o practice_n of_o all_o trade_a country_n six_o such_o be_v our_o law_n which_o charge_v sea-coal_n or_o any_o of_o our_o native_a provision_n export_v with_o custom_n viz._n beef_n pork_n bread_n beer_n etc._n etc._n for_o which_o i_o think_v in_o prudence_n the_o door_n shall_v be_v open_v wide_a to_o let_v they_o out_o seven_o of_o the_o like_a nature_n be_v our_o law_n impose_v a_o great_a duty_n upon_o our_o horse_n mare_n and_o nag_n export_v 8._o such_o in_o my_o weak_a opinion_n be_v that_o branch_n of_o the_o statute_n of_o 5_o eliz._n that_o none_o shall_v use_v any_o manual_a occupation_n except_o he_o have_v be_v appretince_n to_o the_o same_o 9th_o such_o in_o my_o opinion_n be_v the_o law_n which_o yet_o prohibit_v the_o exportation_n of_o our_o own_o coin_n for_o since_o it_o be_v now_o by_o consent_n of_o parliament_n agree_v and_o find_v by_o experience_n of_o all_o understand_a man_n to_o be_v advantageous_a for_o this_o kingdom_n to_o permit_v the_o free_a exportation_n of_o bullion_n i_o think_v it_o be_v better_o for_o we_o that_o our_o own_o coin_n may_v likewise_o be_v free_o export_v because_o by_o what_o of_o that_o go_v out_o we_o shall_v gain_v the_o manufacture_n the_o coin_v beside_o the_o great_a honour_n and_o note_n of_o magnificency_n it_o will_v be_v to_o his_o majesty_n and_o this_o kingdom_n to_o have_v his_o majesty_n coin_n currant_n in_o all_o part_n of_o the_o universe_n 10th_o such_o be_v all_o by-law_n use_v among_o the_o society_n of_o cooper_n &_o other_o artificer_n limit_v master_n to_o keep_v but_o one_o apprentice_n at_o a_o time_n whereas_o it_o be_v better_o for_o the_o public_a they_o be_v permit_v to_o keep_v ten_o if_o they_o can_v or_o will_v maintain_v or_o employ_v they_o 11th_o such_o seem_v to_o be_v many_o of_o our_o law_n relate_v to_o the_o poor_a especial_o those_o against_o inmate_n in_o city_n &_o trade_a town_n and_o those_o oblige_a parish_n to_o maintain_v their_o own_o poor_a only_o page_n 23._o and_o 24._o the_o gentleman_n make_v a_o large_a repetition_n of_o what_o he_o have_v say_v before_o wherein_o i_o observe_v nothing_o new_a but_o that_o he_o say_v the_o east-india-company_n have_v money_n at_o 4._o per_fw-la cent_n only_o because_o man_n may_v have_v their_o money_n out_o when_o they_o please_v which_o be_v a_o mistake_n though_o a_o small_a one_o for_o the_o company_n seldom_o or_o never_o take_v up_o money_n but_o for_o a_o certain_a time_n though_o i_o doubt_v not_o but_o that_o generous_a company_n will_v and_o do_v at_o most_o time_n accommodate_v any_o person_n with_o his_o money_n before_o due_a that_o have_v occasion_n to_o require_v such_o a_o kindness_n of_o they_o although_o they_o oblige_v not_o themselves_o to_o do_v it_o in_o this_o ten_o particular_a at_o the_o latter_a end_n of_o page_n 24._o he_o say_v i_o be_o mistake_v in_o my_o assertion_n of_o the_o interest_n of_o scotland_n which_o upon_o further_a enquiry_n among_o the_o scotch_a merchant_n upon_o the_o exchange_n i_o be_o tell_v be_v his_o own_o mistake_n so_o i_o must_v leave_v that_o be_v matter_n of_o fact_n to_o those_o that_o know_v that_o country_n and_o its_o law_n more_o and_o better_a then_o either_o of_o we_o last_o he_o conclude_v that_o whilst_o i_o say_v the_o matter_n in_o england_n be_v so_o natural_o prepare_v for_o a_o abatement_n of_o interest_n that_o it_o can_v be_v long_o obstruct_v i_o propound_v a_o law_n to_o anticipate_v nature_n which_o be_v against_o reason_n i_o answer_v it_o be_v the_o wisdom_n of_o our_o grandfather_n to_o bring_v it_o to_o what_o it_o will_v bear_v in_o their_o time_n and_o our_o father_n find_v the_o good_a effect_n of_o that_o and_o bring_v it_o low_o and_o the_o benefit_n thereof_o be_v since_o manifest_v to_o we_o by_o the_o success_n and_o therefore_o see_v the_o matter_n will_v now_o bear_v further_a abatement_n it_o be_v reasonable_a for_o we_o to_o follow_v that_o excellent_a example_n of_o our_o ancestor_n law_n against_o nature_n i_o grant_v will_v be_v ineffectual_a but_o i_o never_o hear_v before_o that_o law_n to_o help_v nature_n be_v against_o reason_n touch_v the_o gentleman_n personal_a reflection_n upon_o i_o i_o shall_v say_v little_a it_o appear_v sufficient_o by_o what_o i_o have_v write_v and_o his_o answer_n that_o i_o be_o a_o advocate_n for_o industry_n he_o for_o idleness_n it_o appear_v likewise_o to_o those_o that_o know_v i_o in_o london_n which_o be_v many_o that_o i_o be_o so_o far_o from_o design_v to_o engrose_v trade_n that_o i_o be_o hasten_v to_o convert_v what_o i_o can_v of_o my_o small_a estate_n that_o be_v personal_a into_o real_a suppose_v it_o to_o be_v my_o interest_n so_o to_o do_v before_o the_o use_v of_o money_n fall_v which_o i_o conclude_v can_v long_o suspend_v and_o that_o then_o land_n and_o house_n must_v rise_v and_o i_o doubt_v it_o will_v appear_v when_o this_o gentleman_n be_v as_o well_o know_v as_o i_o be_o that_o he_o be_v more_o a_o usurer_n than_o a_o owner_n of_o land_n or_o manager_n of_o trade_n at_o present_a my_o end_n have_v only_o be_v to_o serve_v my_o country_n which_o i_o can_v with_o a_o sincere_a heart_n declare_v in_o the_o presence_n of_o god_n and_o man_n and_o that_o nothing_o else_o can_v have_v engage_v i_o into_o this_o unpleasing_a controversy_n wherein_o i_o have_v give_v unwilling_a offence_n to_o all_o my_o near_a relation_n and_o know_v at_o first_o that_o i_o must_v needs_o do_v so_o most_o of_o they_o be_v such_o as_o age_n and_o wisdom_n have_v instruct_v rather_o to_o be_v box-keeper_n than_o gamester_n i_o have_v beforementioned_a the_o judgement_n of_o the_o french_a king_n and_o court_n but_o intend_v not_o to_o recite_v the_o edict_n be_v it_o be_v at_o large_a in_o sir_n thomas_n culpepper_v senior_a his_o last_o treatise_n yet_o on_o second_o thought_n consider_v all_o man_n perhaps_o may_v not_o come_v to_o a_o sight_n of_o that_o and_o find_v the_o say_a edict_n so_o comprehensive_a of_o the_o whole_a matter_n of_o this_o controversy_n i_o have_v here_o recite_v it_o the_o king_n by_o these_o edict_n have_v nothing_o relieve_v the_o necessity_n of_o the_o nobility_n if_o he_o have_v not_o provide_v for_o usury_n which_o have_v ruin_v many_o good_a and_o ancient_a house_n fill_v town_n with_o unprofitable_a servant_n and_o the_o country_n with_o misery_n and_o inhumanities_n he_o find_v the_o rent_n viz._n usury_n constitute_v after_o 10_o or_o 8_o in_o the_o hundred_o do_v ruin_v many_o good_a family_n hinder_v the_o traffic_n and_o commerce_n of_o merchandize_n and_o make_v tillage_n and_o handicraft_n to_o be_v neglect_v many_o desire_v through_o the_o easiness_n of_o a_o deceitful_a gain_n to_o live_v idle_o in_o good_a town_n of_o their_o rent_n rather_o than_o to_o give_v themselves_o with_o any_o pain_n to_o liberal_a art_n or_o to_o till_o or_o husband_n their_o inheritance_n for_o this_o reason_n mean_v to_o invite_v his_o subject_n to_o enrich_v themselves_o with_o more_o just_a gain_n to_o content_v themselves_o with_o more_o moderate_a profit_n and_o to_o give_v the_o nobility_n mean_v to_o pay_v their_o debt_n he_o do_v forbid_v all_o usury_n or_o constitution_n of_o rent_n at_o a_o high_a rate_n than_o six_o pound_n five_o shilling_n in_o the_o hundred_o the_o edict_n be_v verify_v in_o the_o court_n of_o parliament_n which_o consider_v that_o it_o be_v always_o prejudicial_a to_o the_o commonwealth_n to_o give_v money_n to_o usury_n for_o it_o be_v a_o serpent_n who_o bite_v be_v not_o apparent_a and_o yet_o it_o be_v so_o sensible_a that_o it_o peirce_v the_o very_a heart_n of_o the_o best_a family_n the_o whole_a of_o this_o controversy_n lie_v narrow_o in_o these_o two_o short_a question_n viz._n will_v abatement_n of_o interest_n improve_v trade_n second_o will_v it_o advance_v the_o price_n of_o land_n the_o collective_a unite_a body_n of_o the_o government_n of_o our_o own_o and_o other_o kingdom_n express_o say_v it_o will_v do_v both_o and_o experience_n cry_v aloud_o that_o so_o it_o will_v do_v and_o have_v do_v in_o all_o age_n and_o in_o all_o place_n and_o i_o never_o yet_o meet_v with_o any_o private_a person_n how_o much_o soever_o concern_v in_o interest_n that_o have_v the_o ignorance_n or_o confidence_n to_o deny_v both_o for_o discourse_v with_o a_o country_n usurer_n he_o will_v affirm_v and_o perhaps_o be_v ready_a to_o swear_v to_o it_o that_o this_o abatement_n of_o interest_n be_v
a_o fine_a of_o fifty_o pound_n and_o the_o success_n have_v be_v answerable_a for_o the_o first_o company_n settle_v upon_o that_o narrow_a limit_v interest_n although_o their_o stock_n be_v large_a than_o this_o decay_a and_o final_o come_v to_o ruin_v and_o destruction_n whereas_o on_o the_o contrary_a this_o be_v settle_v on_o more_o rational_a and_o consequent_o more_o just_a as_o well_o as_o more_o profitable_a principle_n have_v through_o god_n goodness_n thrive_v and_o increase_v to_o the_o treble_v of_o their_o first_o stock_n chap._n iu._n concern_v the_o act_n of_o navigation_n though_o this_o act_n be_v by_o most_o conclude_v a_o very_a beneficial_a act_n for_o this_o kingdom_n especial_o by_o the_o master_n and_o owner_n of_o ship_n and_o by_o all_o seaman_n yet_o some_o there_o be_v both_o wise_a and_o honest_a gentleman_n and_o merchant_n that_o doubt_n whether_o the_o inconvenience_n it_o have_v bring_v with_o it_o be_v not_o great_a than_o the_o conveniency_n for_o my_o own_o part_n i_o be_o of_o opinion_n that_o in_o relation_n to_o trade_n ship_n profit_n and_o power_n it_o be_v one_o of_o the_o choice_a and_o most_o prudent_a act_n that_o ever_o be_v make_v in_o england_n and_o without_o which_o we_o have_v not_o now_o be_v owner_n of_o one_o half_a of_o the_o ship_n nor_o trade_n nor_o employ_v one_o half_a of_o the_o seaman_n which_o we_o do_v at_o present_a but_o see_v time_n have_v discover_v some_o inconvenience_n in_o it_o if_o not_o defect_n which_o in_o my_o poor_a opinion_n do_v admit_v of_o a_o easy_a amendment_n and_o see_v that_o the_o whole_a act_n be_v not_o approve_v by_o unanimous_a consent_n i_o think_v fit_a to_o discourse_v a_o little_a concern_v it_o wherein_z after_o my_o plain_a method_n i_o shall_v lay_v down_o such_o objection_n as_o i_o have_v meet_v with_o and_o subjoin_v my_o answer_n with_o such_o reason_n as_o occur_v to_o my_o memory_n in_o confirmation_n of_o my_o own_o opinion_n the_o objection_n against_o the_o whole_a act_n be_v such_o as_o these_o object_n 1._o some_o have_v tell_v i_o that_o i_o on_o all_o occasion_n magnify_v the_o dutch_a policy_n in_o relation_n to_o their_o trade_n and_o the_o dutch_a have_v no_o act_n of_o navigation_n and_o therefore_o they_o be_v certain_o not_o always_o in_o the_o right_n as_o to_o the_o understanding_n of_o their_o true_a interest_n in_o trade_n or_o else_o we_o be_v in_o the_o wrong_n in_o this_o i_o answer_v i_o be_o yet_o to_o be_v inform_v where_o the_o dutch_a have_v miss_v their_o proper_a interest_n in_o trade_n but_o that_o which_o be_v fit_a for_o one_o nation_n to_o do_v in_o relation_n to_o their_o trade_n be_v not_o fit_a for_o all_o no_o more_o than_o the_o same_o policy_n be_v necessary_a to_o a_o prevail_a army_n that_o be_v master_n of_o the_o field_n to_o a_o army_n of_o less_o force_n then_o to_o be_v able_a to_o encounter_v their_o enemy_n at_o all_o time_n and_o place_n the_o dutch_a by_o reason_n of_o their_o great_a stock_n low_a interest_n multitude_n of_o merchant_n and_o ship_n be_v master_n of_o the_o field_n in_o trade_n and_o therefore_o have_v no_o need_n to_o build_v castle_n fortress_n and_o place_n of_o retreat_n such_o i_o account_v law_n of_o limitation_n and_o secure_v of_o particular_a trade_n to_o the_o native_n of_o any_o kingdom_n because_o they_o viz._n the_o dutch_a may_v be_v well_o assure_v that_o no_o nation_n can_v enter_v in_o common_a with_o they_o in_o any_o trade_n to_o gain_v bread_n by_o it_o while_o their_o own_o use_n of_o money_n be_v at_o 3_o per_fw-la cent_z and_z other_o at_z 6_o per_fw-mi cent_z and_o upward_o etc._n etc._n whereas_o if_o we_o shall_v suffer_v their_o ship_n in_o common_a with_o we_o in_o those_o trade_n which_o be_v secure_v to_o the_o english_a by_o act_n of_o navigation_n they_o must_v necessary_o in_o a_o few_o year_n for_o the_o reason_n above_o 〈…〉_o eat_v we_o quite_o out_o of_o they_o object_n 2._o the_o second_o objection_n to_o the_o whole_a act_n be_v some_o will_v confess_v that_o as_o to_o merchant_n and_o owner_n of_o ship_n the_o act_n of_o navigation_n be_v eminent_o beneficial_a but_o say_v that_o merchant_n and_o owner_n be_v but_o a_o inconsiderable_a number_n of_o man_n in_o respect_n of_o the_o whole_a nation_n and_o that_o interest_n of_o the_o great_a number_n that_o our_o native_a commodity_n and_o manufacture_n shall_v be_v take_v from_o we_o at_o the_o best_a rate_n and_o foreign_a commodity_n sell_v we_o at_o the_o cheap_a with_o admission_n of_o dutch_a merchant_n and_o ship_n in_o common_a with_o the_o english_a by_o my_o own_o implication_n will_v effect_v my_o answer_n be_v that_o i_o can_v deny_v but_o this_o may_v be_v true_a if_o the_o present_a profit_n of_o the_o generality_n be_v bare_o and_o single_o consider_v but_o this_o kingdom_n be_v a_o island_n the_o defence_n whereof_o have_v always_o be_v our_o ship_n and_o seaman_n it_o seem_v to_o i_o absolute_o necessary_a that_o profit_n and_o power_n ought_v joint_o to_o be_v consider_v and_o if_o so_o i_o think_v none_o can_v deny_v but_o the_o act_n of_o navigation_n have_v and_o do_v occasion_n building_n and_o employ_v of_o three_o time_n the_o number_n of_o ship_n and_o seaman_n that_o otherwise_o we_o shall_v or_o will_v do_v and_o that_o consequent_o if_o our_o force_n at_o sea_n be_v so_o great_o impair_v it_o will_v expose_v we_o to_o the_o receive_n of_o all_o kind_n of_o injury_n and_o affront_v from_o our_o neighbour_n and_o in_o conclusion_n render_v we_o a_o despicable_a and_o miserable_a people_n objection_n to_o several_a part_n of_o the_o act_n of_o navigation_n object_n 1._o the_o inhabitant_n and_o planter_n of_o our_o plantation_n in_o america_n say_v this_o act_n will_v in_o time_n ruin_v their_o plantation_n if_o they_o may_v not_o be_v permit_v at_o least_o to_o carry_v their_o sugar_n to_o the_o best_a market_n and_o not_o be_v compel_v to_o send_v all_o to_o and_o receive_v all_o commodity_n from_o england_n i_o answer_v if_o they_o be_v not_o keep_v to_o the_o rule_n of_o the_o act_n of_o navigation_n the_o consequence_n will_v be_v that_o in_o a_o few_o year_n the_o benefit_n of_o they_o will_v be_v whole_o lose_v to_o the_o nation_n it_o be_v agreeable_a to_o the_o policy_n of_o the_o dutch_a dane_n french_a spaniard_n portugal_n and_o all_o nation_n in_o the_o world_n to_o keep_v their_o external_a province_n and_o colony_n in_o a_o subjection_n unto_o and_o dependency_n upon_o their_o mother-kingdom_n and_o if_o they_o shall_v not_o do_v so_o the_o dutch_a who_o as_o i_o have_v say_v be_v master_n of_o the_o field_n in_o trade_n will_v carry_v away_o the_o great_a of_o advantage_n by_o the_o plantation_n of_o all_o the_o prince_n in_o christendom_n leave_v we_o and_o other_o only_o the_o trouble_n of_o breed_a man_n and_o send_v they_o abroad_o to_o cultivate_v the_o ground_n and_o have_v bread_n for_o their_o industry_n here_o by_o the_o way_n with_o entire_a submission_n to_o the_o great_a wisdom_n of_o those_o who_o it_o much_o more_o concern_v give_v i_o leave_v to_o query_n whether_o instead_o of_o the_o late_a prohibition_n of_o irish_a cattle_n it_o will_v not_o have_v be_v more_o for_o the_o benefit_n of_o this_o kingdom_n of_o england_n to_o suffer_v the_o irish_a to_o bring_v into_o england_n not_o only_o their_o live_a cattle_n but_o also_o all_o other_o commodity_n of_o the_o growth_n or_o manufacture_n of_o that_o kingdom_n custom_n free_a or_o on_o easy_a custom_n and_o to_o prohibit_v they_o from_o trading_n homeward_o or_o outward_a with_o the_o dutch_a or_o our_o own_o plantation_n or_o any_o other_o place_n except_o the_o kingdom_n of_o england_n most_o certain_o such_o a_o law_n will_v in_o a_o few_o year_n wonderful_o increase_v the_o trade_n ship_n and_o riches_n of_o this_o nation_n query_n 2._o will_v not_o this_o be_v a_o good_a addition_n to_o the_o act_n of_o navigation_n and_o much_o increase_v the_o employment_n of_o english_a ship_n and_o seaman_n as_o well_o in_o bring_v from_o thence_o all_o the_o commodity_n of_o that_o country_n as_o supply_v that_o country_n with_o deal_v salt_n and_o all_o other_o foreign_a commodity_n which_o now_o they_o have_v from_o the_o dutch_a que._n 3._o will_v not_o this_o be_v a_o mean_n effectual_o to_o prevent_v the_o exportation_n of_o irish_a wool_n which_o now_o go_v frequent_o into_o france_n and_o holland_n to_o the_o manifest_a and_o great_a damage_n both_o of_o england_n and_o ireland_n que_fw-fr 4._o will_v not_o this_o be_v a_o fortress_n or_o law_n to_o secure_v to_o we_o the_o whole_a trade_n of_o ireland_n que._n 5._o will_v not_o this_o render_v that_o which_o now_o diminish_v and_o seem_v dangerous_a to_o the_o value_n of_o land_n in_o england_n viz._n the_o growth_n of_o
or_o 400_o ship_n load_v of_o timber_n and_o other_o wooden_a commodity_n 4_o thly_a the_o sweede_n will_v have_v a_o apparent_a benefit_n by_o it_o by_o turn_v a_o great_a part_n of_o the_o stream_n of_o our_o trade_n for_o those_o commodity_n to_o gottenborrow_n and_o divers_a other_o part_n of_o sweeden_n that_o be_v late_o open_v and_o now_o open_v where_o very_o large_a quantity_n of_o timber_n mast_n and_o board_n likewise_o may_v be_v have_v though_o some_o small_a matter_n dear_a than_o in_o norway_n beside_o if_o the_o sweede_n shall_v expect_v no_o advantage_n but_o rather_o loss_n by_o such_o amendment_n of_o our_o own_o law_n they_o have_v no_o reason_n to_o be_v angry_a because_o they_o have_v late_o make_v so_o many_o law_n for_o encouragement_n of_o their_o own_o ship_n and_o navigation_n and_o consequent_o discouragement_n of_o we_o that_o do_v in_o effect_n amount_v to_o a_o prohibition_n of_o the_o english_a from_o send_v their_o own_o manufacture_n to_o sweeden_n in_o english_a ship_n insomuch_o that_o the_o english_a merchant_n when_o sweedish_a ship_n do_v not_o present_a be_v force_v many_o time_n to_o send_v their_o good_n to_o els●nore_n to_o lie_v there_o till_o a_o sweedish_a ship_n come_v by_o to_o put_v they_o aboard_o of_o and_o pay_v their_o factoridge_n and_o other_o charge_n because_o if_o they_o shall_v send_v they_o on_o english_a ship_n the_o duty_n be_v so_o high_a in_o sweeden_n that_o it_o be_v impossible_a for_o they_o to_o make_v their_o first_o cost_n of_o they_o 5_o thly_a the_o easterlin_n or_o hans-town_n though_o they_o be_v exclude_v this_o trade_n for_o england_n with_o their_o ship_n whereof_o they_o have_v little_a the_o great_a share_n be_v carry_v away_o by_o the_o dane_n will_v be_v gainer_n by_o the_o increase_n of_o our_o trade_n with_o they_o for_o board_n timber_n spruce_n deal_v etc._n etc._n at_o dantzick_n quinsborough_n and_o other_o place_n which_o will_v be_v very_o considerable_a in_o case_n the_o king_n of_o denmark_n shall_v impose_v any_o considerable_a extraordinary_a tribute_n on_o our_o ship_n which_o bring_v i_o to_o the_o three_o objection_n object_n 3._o if_o this_o be_v do_v will_v not_o the_o king_n of_o denmark_n lay_v a_o great_a imposition_n upon_o all_o our_o ship_n that_o trade_n into_o his_o dominion_n and_o also_o upon_o our_o drapery_n and_o other_o native_a english_a commodity_n i_o answer_v that_o whatever_o that_o king_n may_v do_v at_o first_o i_o be_o persuade_v after_o he_o have_v consider_v of_o it_o he_o will_v be_v moderate_a in_o his_o imposition_n because_o he_o can_v hurt_v none_o but_o himself_o by_o make_v they_o great_a for_o as_o to_o drapery_n and_o other_o english_a good_n his_o country_n spend_v none_o worth_a speak_v of_o and_o that_o charge_v with_o about_o 30_o or_o 40_o per_fw-la cent_z custom_n already_o nine_o ten_o of_o all_o the_o timber_n and_o board_n we_o fetch_v from_o thence_o be_v in_o my_o opinion_n purchase_v with_o ready_a dollar_n send_v from_o england_n and_o holland_n and_o if_o he_o shall_v by_o a_o great_a imposition_n total_o discourage_v we_o from_o trade_v with_o his_o people_n we_o shall_v lay_v out_o that_o money_n with_o the_o sweede_n hamburger_n danzicker_n and_o other_o where_o we_o may_v have_v sufficient_a supply_n while_o the_o dane_n will_v be_v exceed_o burden_a with_o the_o lie_v of_o their_o good_n upon_o their_o hand_n there_o be_v in_o norway_n great_a quantity_n of_o good_n viz._n the_o course_n hemlock_n timber_n common_o bring_v from_o larwick_n tunsberry_n sandyford_n oskestrand_n hollumstrand_n and_o many_o other_o part_n which_o no_o nation_n in_o the_o world_n trade_v with_o they_o for_o or_o will_v buy_v or_o use_v but_o the_o english_a only_o chap._n v._o concern_v transferrance_n of_o debt_n the_o great_a advantage_n that_o will_v accrue_v to_o this_o kingdom_n by_o a_o law_n for_o transfer_v bill_n of_o debt_n from_o one_o person_n to_o another_o be_v sufficient_o understand_v by_o most_o man_n especial_o by_o merchant_n the_o difficulty_n seem_v not_o to_o be_v so_o much_o in_o make_v of_o a_o law_n to_o this_o purpose_n as_o reduce_v it_o to_o practice_n because_o we_o have_v be_v so_o long_o accustom_v to_o buy_v and_o sell_v good_n by_o verbal_a contract_n only_o that_o rich_a and_o great_a man_n for_o some_o time_n will_v be_v apt_a to_o think_v it_o a_o diminution_n of_o their_o reputation_n to_o have_v bill_n under_o their_o hand_n and_o seal_n demand_v of_o they_o for_o good_n buy_v and_o mean_a man_n will_v fear_v the_o lose_n of_o their_o customer_n by_o insist_v upon_o have_v such_o bill_n for_o what_o they_o sell_v which_o inconveniency_n probable_o may_v be_v avoid_v and_o the_o good_a hope_v for_o full_o attain_v if_o it_o be_v enact_v that_o all_o and_o every_o person_n and_o person_n native_a and_o foreign_a body_n politic_a and_o corporate_a be_v or_o inhabit_v within_o the_o kingdom_n of_o england_n or_o dominion_n of_o wales_n who_o from_o and_o after_o the_o day_n of_o shall_v buy_v and_o receive_v any_o ware_n good_n and_o merchandise_n from_o any_o other_o shall_v immediate_o on_o receipt_n thereof_o in_o case_n ready_a money_n be_v not_o pay_v for_o the_o same_o give_v unto_o he_o or_o they_o of_o who_o such_o good_n ware_n and_o merchandise_n shall_v be_v buy_v or_o to_o he_o and_o their_o use_n a_o bill_n or_o write_v obligatory_a under_o the_o hand_n or_o seal_n of_o he_o or_o they_o so_o buy_v the_o same_o which_o shall_v mention_v the_o quality_n of_o the_o say_a good_n and_o the_o neat_a sum_n of_o money_n with_o the_o time_n or_o time_n of_o payment_n agree_v upon_o 2._o that_o all_o person_n etc._n etc._n may_v transfer_v the_o say_a bill_n under_o their_o hand_n to_o any_o other_o by_o a_o short_a assignation_n on_o the_o back_n side_n 3._o that_o every_o such_o assignee_n may_v re-assign_a toties_fw-la quoties_fw-la 4._o after_o such_o assignment_n it_o shall_v not_o be_v in_o the_o power_n of_o any_o assignor_n to_o make_v void_a release_v or_o discharge_v the_o debt_n 5._o no_o debt_n after_o assignment_n to_o be_v liable_a to_o any_o attachment_n execution_n statute_n or_o commission_n of_o bankrupt_a or_o other_o demand_n as_o the_o estate_n of_o he_o or_o they_o that_o assign_v the_o same_o 6._o that_o each_o assignment_n shall_v absolute_o vest_n the_o property_n into_o the_o assignee_n to_o all_o intent_n and_o purpose_n 7._o that_o such_o assignment_n be_v receive_v and_o receipt_n or_o discharge_v give_v for_o the_o same_o shall_v be_v deem_v good_a payment_n 8._o that_o all_o good_n sell_v above_o the_o value_n of_o 10_o l._n after_o the_o 〈◊〉_d day_n of_o 〈◊〉_d for_o which_o no_o such_o bill_n or_o write_v obligatory_a shall_v be_v give_v or_o tender_v as_o aforesaid_a to_o the_o seller_n or_o seller_n thereof_o or_o to_o he_o or_o their_o use_n shall_v be_v deem_v and_o construe_v to_o all_o intent_n and_o purpose●_n in_o the_o law_n as_o if_o the_o same_o have_v be_v contract_v for_o to_o be_v pay_v in_o ready_a money_n any_o concession_n or_o verbal_a agreement_n between_o the_o say_a party_n to_o the_o contrary_a notwithstanding_o this_o clause_n i_o hope_v may_v be_v effectual_a to_o initiate_v we_o to_o a_o practice_n and_o observance_n of_o such_o a_o law_n 6._o that_o the_o first_o assignment_n of_o any_o such_o bill_n or_o bill_n of_o debt_n be_v to_o this_o or_o the_o like_a ffect_n i_o a._n b._n do_v engage_v and_o attest_v that_o the_o debt_n within_o mention_v be_v a_o true_a debt_n and_o no_o part_n of_o it_o pay_v to_o i_o or_o to_o my_o use_n or_o discharge_v by_o i_o and_o i_o do_v hereby_o assign_v over_o the_o same_o to_o c._n d._n for_o his_o own_o account_n 10._o and_o that_o the_o second_o and_o all_o other_o after_o assignation_n upon_o any_o such_o bill_n shall_v be_v to_o this_o or_o the_o like_a effect_n viz._n i_o a._n b._n do_v attest_v that_o no_o part_n of_o the_o within-mentioned_n debt_n be_v pay_v to_o i_o or_o my_o use_n or_o discharge_v by_o i_o and_o i_o do_v hereby_o transfer_v the_o same_o to_o c._n d._n the_o objection_n i_o have_v meet_v with_o to_o the_o make_v such_o a_o law_n be_v viz._n object_n 1._o this_o will_v be_v repugnant_a to_o our_o common_a law_n and_o some_o statute_n viz._n maintenance_n champarty_n bankrupt_a etc._n etc._n 1._o i_o answer_v not_o so_o repugnant_a as_o at_o first_o view_v it_o seem_v to_o be_v for_o though_o by_o our_o law_n at_o present_a bond_n and_o bill_n can_v be_v assign_v mortgage_n which_o be_v but_o another_o kind_n of_o security_n for_o money_n lend_v may_v be_v assign_v 2._o if_o any_o law_n at_o present_a be_v repugnant_a to_o the_o common_a good_a of_o the_o nation_n and_o if_o the_o make_n of_o such_o a_o new_a law_n will_v effectual_o increase_v
the_o useful_a stock_n of_o the_o nation_n at_o least_o one_o three_o part_n and_o great_o ●ase_v the_o course_n of_o trade_n as_o i_o humble_o conceive_v this_o will_v do_v i_o hope_v none_o will_v deny_v but_o it_o may_v consist_v with_o the_o wisdom_n of_o parliament_n to_o create_v new_a law_n 3._o most_o of_o our_o statute_n be_v make_v in_o time_n before_o we_o understand_v trade_n in_o england_n and_o the_o same_o policy_n and_o law_n that_o be_v good_a then_o and_o may_v yet_o be_v good_a for_o a_o country_n destitute_a of_o commerce_n may_v not_o be_v so_o fit_a for_o we_o now_o nor_o for_o any_o nation_n so_o abound_v with_o trade_n as_o england_n do_v at_o present_a object_n 2._o may_v not_o this_o occasion_n many_o cheat_n and_o law_n suit_v answ._n 1._o i_o answer_v no_o experience_n manifest_v the_o contrary_a not_o only_o in_o other_o kingdom_n and_o country_n abroad_o where_o transferrance_n of_o bill_n of_o debt_n be_v in_o use_n but_o even_o in_o our_o own_o where_o we_o have_v for_o many_o age_n have_v the_o experience_n of_o endorsement_n on_o bill_n of_o exchange_n and_o in_o this_o present_a age_n of_o the_o pass_n of_o goldsmith_n note_n from_o one_o man_n to_o another_o which_o two_o practice_n be_v very_o like_a to_o the_o design_a way_n of_o transfer_v bill_n of_o debt_n and_o yet_o no_o considerable_a cheat_n or_o inconvenience_n have_v arisen_a thereby_o answ._n 2._o no_o man_n can_v be_v cheat_v except_o it_o be_v with_o his_o own_o consent_n and_o we_o common_o say_v caveat_n emptor_n no_o man_n be_v to_o be_v force_v to_o accept_v another_o bill_n that_o himself_o do_v not_o approve_v of_o and_o no_o man_n will_v accept_v of_o another_o man_n bill_n except_o he_o know_v he_o or_o until_o he_o have_v use_v mean_n to_o satisfy_v himself_o concern_v he_o no_o more_o than_o he_o will_v sell_v his_o good_n to_o a_o stranger_n unless_o he_o have_v some_o reason_n to_o believe_v he_o be_v able_a to_o pay_v he_o object_n 3._o will_v not_o such_o a_o law_n as_o this_o be_v very_o troublesome_a especial_o in_o fair_n and_o market_n and_o also_o to_o gentleman_n and_o lady_n when_o they_o shall_v be_v force_v for_o all_o good_n they_o buy_v above_o the_o value_n of_o 10_o l._n to_o give_v bill_n under_o their_o hand_n and_o seal_n i_o answer_v this_o law_n will_v not_o at_o all_o incomode_fw-fr gentleman_n as_o to_o what_o they_o buy_v in_o shop_n etc._n etc._n neither_o those_o that_o converse_v in_o fair_n and_o market_n for_o that_o which_o gentleman_n buy_v in_o shop_n etc._n etc._n and_o other_o in_o fair_n etc._n etc._n they_o either_o pay_v or_o promise_v ready_a money_n or_o else_o say_v nothing_o of_o the_o time_n or_o payment_n which_o the_o law_n understand_v to_o be_v the_o same_o with_o a_o promise_n of_o present_a pay_n so_o that_o if_o they_o give_v no_o bill_n there_o be_v no_o penalty_n attend_v the_o neglect_n or_o refusal_n but_o only_o that_o the_o contract_n between_o the_o buyer_n and_o seller_n shall_v be_v presume_v in_o the_o law_n to_o be_v as_o if_o it_o be_v make_v for_o ready_a money_n chap._n vi_o concern_v a_o court_n merchant_n i_o have_v conceive_v great_a hope_n from_o the_o late_a most_o prudent_a and_o charitable_a institution_n of_o that_o judicature_n for_o determination_n of_o difference_n touch_v house_n burn_v by_o the_o late_a fire_n in_o london_n that_o this_o kingdom_n will_v at_o length_n be_v bless_v with_o a_o happy_a method_n for_o the_o speedy_a easy_a and_o cheap_a decide_n of_o difference_n between_o merchant_n master_n of_o ship_n and_o seaman_n etc._n etc._n by_o some_o court_n or_o court_n of_o merchant_n like_o those_o which_o be_v establish_v in_o most_o of_o the_o great_a city_n and_o town_n in_o france_n holland_n and_o other_o place_n the_o want_n whereof_o in_o england_n be_v and_o have_v ever_o be_v a_o great_a bar_n to_o the_o progress_n and_o grandeur_n of_o the_o trade_n of_o this_o kingdom_n as_o for_o instance_n if_o merchant_n happen_v to_o have_v difference_n with_o master_n and_o owner_n of_o ship_n upon_o charter-party_n or_o account_n beyond_o sea_n etc._n etc._n the_o suit_n be_v common_o first_o commence_v in_o the_o admiralty_n court_n where_o after_o tedious_a attendance_n and_o vast_a expense_n probable_o just_a before_o the_o cause_n shall_v come_v to_o determination_n it_o be_v either_o remove_v into_o the_o deligate_n where_o it_o may_v hang_v in_o suspense_n until_o the_o plaintiff_n and_o defendant_n have_v empty_a purse_n and_o grey_a head_n or_o else_o because_o most_o contract_n for_o martain_n affair_n be_v make_v upon_o the_o land_n and_o most_o accident_n happen_v in_o some_o river_n or_o harbour_n here_o or_o beyond_o sea_n be_v not_o in_o alto_fw-mi mari_fw-fr the_o defendant_n bring_v his_o writ_n of_o prohibition_n and_o remove_v the_o cause_n into_o his_o majesty_n court_n of_o king's-bench_n where_o after_o great_a expense_n of_o time_n and_o money_n it_o be_v well_o if_o we_o can_v make_v our_o own_o council_n be_v common_a lawyer_n understand_v one_o half_a of_o our_o case_n we_o be_v among_o they_o as_o in_o a_o foreign_a country_n our_o language_n strange_a to_o they_o and_o they_o as_o strange_a to_o we_o after_o all_o no_o attestation_n of_o foreign_a notary_n nor_o other_o public_a instrument_n from_o beyond_o sea_n be_v evidence_n at_o law_n and_o the_o account_n depend_v consist_v perhaps_o of_o a_o hundred_o or_o more_o several_a article_n which_o be_v as_o so_o many_o issue_n at_o law_n the_o cause_n must_v come_v into_o the_o chancery_n where_o after_o many_o year_n tedious_a travel_n to_o westminster_n with_o black_a box_n and_o green_a bag_n when_o the_o plaintiff_n and_o defendant_n have_v tire_v their_o body_n distract_v their_o mind_n and_o consume_v their_o estate_n the_o cause_n if_o ever_o it_o be_v end_v be_v common_o by_o order_n of_o that_o court_n refer_v to_o merchant_n end_v miserable_o where_o it_o may_v have_v have_v at_o first_o a_o happy_a issue_n if_o it_o have_v begin_v right_o from_o whence_o follow_v these_o national_a inconvenience_n 1._o it_o be_v a_o vast_a expense_n to_o the_o person_n concern_v 2._o it_o take_v off_o man_n from_o follow_v their_o calling_n to_o the_o public_a loss_n as_o well_o as_o the_o particular_a damage_n of_o the_o concern_v that_o time_n be_v lose_v to_o the_o nation_n that_o be_v spend_v in_o law-suit_n 3._o it_o make_v man_n after_o they_o have_v once_o attain_v indifferent_a estate_n to_o leave_v trading_n and_o for_o ease_n to_o turn_v country-gentleman_n whereas_o great_a and_o experience_a man_n be_v the_o only_a person_n that_o must_v mate_v the_o dutch_a in_o trade_n if_o ever_o we_o do_v it_o 4._o it_o be_v my_o opinion_n a_o great_a cause_n of_o the_o prodigality_n idleness_n and_o injustice_n of_o many_o of_o our_o master_n of_o ship_n in_o england_n and_o consequent_o a_o wonderful_a bar_n to_o the_o growth_n of_o our_o english_a navigation_n who_o know_v that_o their_o owner_n can_v legal_o eject_v they_o especial_o if_o the_o master_n have_v a_o part_n of_o the_o ship_n himself_o but_o that_o remedy_n to_o the_o owner_n will_v be_v worse_o than_o the_o disease_n which_o occasion_n master_n to_o presume_v to_o do_v those_o thing_n and_o be_v guilty_a of_o such_o neglect_v as_o natural_o they_o will_v not_o if_o they_o stand_v more_o upon_o their_o good_a behaviour_n i_o can_v say_v much_o more_o of_o the_o damage_n this_o nation_n sustain_v by_o the_o want_n of_o a_o law-merchant_n but_o that_o be_v so_o evident_a to_o all_o man_n experience_n that_o i_o shall_v not_o long_o insist_v upon_o it_o but_o proceed_v humble_o to_o propose_v some_o particular_n which_o be_v due_o consider_v may_v peradventure_o by_o wise_a head_n be_v improve_v towards_o the_o cure_n of_o this_o evil_a viz._n 1._o that_o it_o be_v enact_v that_o there_o shall_v be_v erect_v within_o the_o city_n of_o london_n a_o stand_a court-merchant_n to_o consist_v of_o twelve_o able_a merchant_n such_o as_o shall_v be_v choose_v by_o the_o livery_n man_n of_o the_o say_a city_n in_o their_o common_a hall_n at_o the_o time_n and_o in_o the_o manner_n herein_o after_o limit_v and_o appoint_v 2._o that_o the_o say_v twelve_o person_n so_o to_o be_v elect_v or_o any_o three_o or_o more_o of_o they_o sit_v at_o the_o same_o time_n and_o place_n and_o not_o otherwise_o shall_v be_v account_v judiciary_n merchant_n and_o authorize_v to_o hear_v and_o determine_v all_o difference_n and_o demand_n whatsoever_o which_o have_v arisen_a and_o be_v not_o hitherto_o determine_v or_o may_v any_o way_n arise_v between_o merchant_n tradesman_n artificer_n master_n and_o owner_n of_o ship_n seaman_n boat-man_n and_o freighter_n of_o ship_n or_o any_o other_o person_n have_v relation_n to_o merchandize_v trade_n or_o ship_n for_o or_o concern_v any_o
by_o their_o direct_a trade_n to_o and_o from_o old_a england_n our_o yearly_o exportation_n of_o english_a manufacture_n malt_n and_o other_o good_n from_o hence_o thither_o amount_v in_o my_o opinion_n to_o ten_o time_n the_o value_n of_o what_o be_v import_v from_o thence_o which_o calculation_n i_o do_v not_o make_v at_o randum_fw-la but_o upon_o mature_a consideration_n and_o peradventure_o upon_o as_o much_o experience_n in_o this_o very_a trade_n as_o any_o other_o person_n will_v pretend_v to_o and_o therefore_o when_o ever_o a_o reformation_n of_o our_o correspondency_n in_o trade_n with_o that_o people_n shall_v be_v think_v on_o it_o will_v in_o my_o poor_a judgement_n require_v great_a tenderness_n &_o very_o serious_a circumspection_n finis_fw-la a_o small_a treatise_n against_o usury_n to_o leave_v the_o proof_n of_o the_o unlawfulness_n of_o usury_n to_o divine_n wherein_o a_o number_n as_o well_o protestant_n as_o papist_n have_v learned_o write_v here_o be_v only_o set_v down_o some_o argument_n to_o show_v how_o great_a the_o hurt_n be_v it_o do_v to_o this_o kingdom_n which_o have_v no_o gold_n nor_o silver_n mine_n but_o plenty_n of_o commodity_n and_o many_o and_o great_a advantage_n of_o trade_n to_o which_o the_o high_a rate_n of_o usury_n be_v a_o great_a prejudice_n and_o decay_v for_o proof_n how_o much_o the_o high_a rate_n of_o usury_n decay_v trade_n we_o see_v that_o general_o all_o merchant_n when_o they_o have_v get_v any_o great_a wealth_n leave_v trading_n and_o fall_v to_o usury_n the_o gain_n thereof_o be_v so_o easy_a certain_a and_o great_a whereas_o in_o other_o country_n where_o usury_n be_v at_o a_o low_a rate_n and_o thereby_o land_n dear_a to_o purchase_v they_o continue_v merchant_n from_o generation_n to_o generation_n to_o enrich_v themselves_o and_o the_o state_n neither_o be_v they_o rich_a tradesman_n only_o that_o give_v over_o trading_n but_o a_o number_n of_o beginner_n be_v undo_v or_o discourage_v by_o the_o high_a rate_n of_o usury_n their_o industry_n serve_v but_o to_o enrich_v other_o and_o beggar_n themselves_o we_o also_o see_v many_o trade_n themselves_o much_o decay_a because_o they_o will_v not_o afford_v so_o great_a a_o gain_n as_o ten_o in_o the_o hundred_o whereas_o if_o the_o rate_n of_o usury_n be_v not_o high_o here_o then_o in_o other_o country_n they_o have_v still_o subsist_v and_o flourish_v and_o perhaps_o with_o as_o much_o advantage_n to_o the_o public_a as_o those_o that_o do_v bring_v more_o to_o the_o private_a adventurer_n yet_o be_v not_o those_o the_o great_a hindrance_n the_o high_a rate_n of_o money_n bring_v to_o trade_n our_o great_a disadvantage_n be_v that_o other_o nation_n especial_o our_o industrious_a neighbour_n the_o dutch_a be_v therein_o wise_a than_o we_o for_o with_o they_o and_o so_o in_o most_o country_n with_o who_o we_o hold_v commerce_n there_o be_v not_o any_o use_n for_o money_n tolerate_v above_o the_o rate_n of_o six_o in_o the_o hundred_o whereby_o it_o must_v of_o necessity_n come_v to_o pass_v though_o they_o have_v no_o other_o advantage_n of_o industry_n and_o frugality_n that_o they_o must_v out-trade_n we_o for_o if_o they_o make_v return_v of_o ten_o per_fw-la cent_z they_o almost_o double_a the_o use_v allow_v and_o so_o make_v a_o very_a gainful_a trade_n but_o with_o we_o where_o ten_o in_o the_o hundred_o be_v so_o currant_n it_o be_v otherwise_o for_o if_o we_o make_v not_o above_o ten_o we_o be_v loser_n and_o consequent_o the_o same_o trade_n be_v with_o they_o and_o we_o equal_o good_a for_o the_o public_a be_v to_o the_o private_a adventurer_n lossful_a with_o we_o with_o they_o very_o gainful_a and_o where_o the_o good_a of_o public_a and_o private_a man_n go_v not_o together_o the_o public_a be_v seldom_o great_o advance_v and_o as_o they_o out-trade_n so_o they_o may_v afford_v to_o under-sell_a we_o in_o the_o fruit_n of_o the_o earth_n which_o be_v equal_o natural_a to_o our_o and_o their_o land_n as_o to_o our_o great_a shame_n we_o see_v our_o neighbour_n the_o dutch_a do_v even_o in_o our_o own_o country_n for_o in_o most_o commodity_n the_o earth_n bring_v forth_o the_o stock_n employ_v in_o plant_v and_o manage_n of_o they_o make_v a_o great_a in_o many_o the_o great_a part_n of_o their_o price_n and_o consequent_o their_o stock_n with_o they_o be_v rate_v at_o six_o in_o the_o hundred_o they_o may_v with_o great_a gain_n under-sell_a we_o our_o stock_n with_o we_o be_v rate_v at_o ten_o and_o as_o they_o may_v out-trade_n we_o and_o under-sell_a we_o so_o be_v all_o contribution_n to_o the_o war_n work_v of_o piety_n and_o glory_n of_o the_o state_n cheap_a to_o they_o then_o to_o we_o for_o the_o use_n for_o money_n go_v with_o we_o near_o double_a the_o rate_n it_o do_v in_o other_o country_n the_o give_v the_o same_o sum_n must_v needs_o be_v double_a the_o charge_n to_o we_o it_o be_v to_o they_o among_o other_o thing_n which_o the_o king_n with_o so_o much_o wisdom_n deliver_v to_o the_o house_n of_o parliament_n he_o commit_v to_o their_o consideration_n the_o balance_a of_o trade_n and_o commerce_n wherein_o there_o be_v nothing_o of_o great_a consequence_n than_o the_o rate_n of_o usury_n which_o hold_v no_o proportion_n with_o we_o and_o other_o nation_n to_o our_o disadvantage_n as_o by_o experience_n we_o see_v and_o feel_v neither_o be_v the_o high_a rate_n of_o usury_n less_o hurtful_a to_o commerce_n within_o the_o land_n the_o gain_n by_o usury_n be_v so_o easy_a certain_a and_o extreme_a great_a as_o they_o be_v not_o only_a merchant_n and_o tradesman_n but_o landed-man_n farmer_n and_o man_n of_o profession_n that_o grow_v lazy_a in_o their_o profession_n and_o become_v usurer_n for_o the_o rate_n of_o usury_n be_v the_o measure_n by_o which_o all_o man_n trade_n purchase_v build_v plant_v or_o any_o other_o way_n bargain_n it_o have_v be_v the_o wisdom_n and_o care_n of_o former_a parliament_n to_o provide_v for_o the_o preservation_n of_o wood_n and_o timber_n for_o which_o there_o be_v nothing_o more_o available_a than_o the_o call_n down_o of_o the_o high_a rate_n of_o usury_n for_o as_o the_o rate_n of_o money_n now_o go_v no_o man_n can_v let_v his_o timber_n stand_v nor_o his_o wood_n grow_v to_o such_o year_n growth_n as_o be_v best_a for_o the_o commonwealth_n but_o it_o will_v be_v very_o lossfull_a to_o he_o the_o stock_n of_o the_o wood_n after_o they_o be_v worth_a forty_o or_o fifty_o shilling_n the_o acre_n grow_v fast_o at_o ten_o in_o the_o hundred_o than_o the_o wood_n themselves_o do_v and_o for_o ship_n which_o be_v the_o strength_n and_o safety_n of_o th●s_n land_n i_o have_v hear_v divers_a merchant_n of_o good_a credit_n say_v that_o if_o they_o will_v build_v a_o ship_n and_o let_v it_o to_o any_o other_o to_o employ_v they_o can_v make_v of_o their_o money_n that_o way_n count_v all_o charge_n tear_n and_o wear_v above_o ten_o or_o twelve_o in_o the_o hundred_o which_o can_v be_v no_o gainful_a trade_n money_n itself_o go_v at_o ten_o in_o the_o hundred_o but_o in_o the_o low-countries_n where_o money_n go_v at_o six_o the_o building_n of_o ship_n and_o hire_v they_o to_o other_o be_v a_o gainful_a trade_n and_o so_o the_o stock_n of_o rich_a man_n and_o the_o industry_n of_o beginner_n be_v well_o join_v for_o the_o public_a and_o yet_o that_o which_o be_v above_o all_o the_o rest_n the_o great_a sin_n against_o the_o land_n be_v that_o it_o make_v the_o land_n itself_o of_o small_a value_n near_a the_o rate_n of_o new-found_a land_n than_o of_o any_o other_o country_n where_o law_n government_n and_o peace_n have_v so_o long_o flourish_v for_o the_o high_a rate_n of_o usury_n make_v land_n sell_v so_o cheap_a and_o the_o cheap_a sale_n of_o land_n be_v the_o cause_n man_n seek_v no_o more_o by_o industry_n and_o cost_n to_o improve_v they_o and_o this_o be_v plain_a both_o by_o example_n and_o demonstration_n for_o we_o see_v in_o other_o country_n where_o the_o use_v of_o money_n be_v of_o a_o low_a rate_n land_n be_v general_o sell_v for_o thirty_o forty_o in_o some_o for_o fifty_o year_n purchase_v and_o we_o know_v by_o the_o rule_n of_o bargain_v that_o if_o the_o rate_n of_o use_n be_v not_o great_a here_o then_o in_o other_o country_n land_n be_v then_o as_o good_a a_o penny_n worth_a at_o twenty_o year_n purchase_v as_o they_o be_v now_o at_o sixteen_o for_o land_n be_v the_o best_a assurance_n and_o secure_a inheritance_n will_v still_o bear_v a_o rate_n above_o money_n now_o if_o land_n be_v at_o thirty_o year_n purchase_v or_o near_o it_o there_o be_v no_o so_o cheap_a purchase_n as_o the_o amendment_n of_o our_o own_o land_n for_o it_o will_v be_v much_o cheap_a to_o make_v one_o acre_n of_o land_n now_o worth_a five_o shilling_n by_o
purchase_v land_n at_o twenty_o year_n purchase_v or_o upward_o no_o doubt_n for_o the_o present_a there_o will_v be_v great_a buy_n and_o sell_v of_o land_n till_o man_n have_v clear_v themselves_o and_o pay_v their_o debt_n but_o in_o short_a time_n land_n as_o it_o be_v show_v before_o will_v sell_v at_o so_o dear_a a_o rate_n as_o money_n let_v at_o a_o low_a rate_n of_o use_n will_v bring_v in_o proportion_n as_o great_a a_o rate_n above_o the_o rent_n that_o will_v be_v make_v then_o by_o the_o purchase_n of_o land_n as_o the_o rate_n of_o money_n now_o be_v above_o the_o rent_n of_o land_n purchase_v at_o fourteen_o or_o fifteen_o year_n purchase_v and_o so_o by_o consequence_n money_n will_v then_o as_o easy_o be_v borrow_v as_o it_o be_v now_o and_o so_o much_o easy_a as_o it_o will_v be_v more_o plentiful_a and_o few_o borrower_n to_o the_o last_o and_o weak_a of_o objection_n that_o there_o be_v now_o much_o money_n of_o foreigner_n in_o the_o land_n to_o be_v manage_v at_o ten_o in_o the_o hundred_o which_o if_o money_n shall_v be_v call_v down_o will_v be_v carry_v out_o of_o the_o land_n there_o be_v no_o doubt_n it_o be_v true_a but_o i_o desire_v to_o know_v whether_o any_o man_n think_v it_o better_o for_o the_o state_n that_o they_o shall_v now_o carry_v out_o one_o hundred_o pound_n or_o seven_o year_n hence_o two_o or_o fourteen_o year_n hence_o four_o or_o one_o and_o twenty_o year_n hence_o eight_o for_o so_o in_o effect_n upon_o the_o multiply_a of_o interest_n they_o do_v it_o will_v seem_v incredible_a to_o such_o as_o have_v not_o consider_v it_o but_o to_o any_o that_o will_v but_o cast_v it_o up_o it_o be_v plain_o manifest_a that_o a_o hundred_o pound_n manage_v at_o ten_o in_o the_o hundred_o in_o seventy_o year_n multiply_v itself_o to_o a_o hundred_o thousand_o pound_n so_o if_o there_o shall_v be_v a_o hundred_o thousand_o pound_n of_o foreigner_n money_n now_o manage_v here_o at_o ten_o in_o the_o hundred_o and_o that_o do_v seem_v no_o great_a matter_n that_o a_o hundred_o thousand_o pound_n in_o threescore_o and_o ten_o year_n which_o be_v but_o the_o age_n of_o a_o man_n will_v carry_v out_o ten_o million_o which_o i_o believe_v be_v more_o than_o all_o the_o coin_n at_o this_o present_a in_o the_o land_n i_o know_v we_o can_v conceive_v how_o any_o such_o sum_n shall_v be_v manage_v at_o interest_n yet_o this_o be_v sufficient_a to_o make_v we_o little_a to_o joy_n in_o foreigner_n money_n beside_o we_o must_v not_o conceive_v that_o the_o money_n of_o foreigner_n which_o be_v here_o manage_v at_o usury_n be_v bring_v into_o the_o land_n in_o ready_a coin_n or_o bullion_n the_o course_n be_v that_o merchant_n send_v over_o bill_n of_o exchange_n to_o their_o factor_n for_o which_o they_o receive_v our_o money_n here_o and_o this_o be_v the_o money_n they_o manage_v at_o interest_n and_o so_o they_o eat_v we_o out_o with_o our_o own_o money_n the_o old_a comparison_n which_o compare_v usury_n to_o the_o butler_n box_n deserve_v to_o be_v remember_v whilst_o man_n be_v at_o play_n they_o feel_v not_o what_o they_o give_v to_o the_o box_n but_o at_o the_o end_n of_o christmas_n it_o make_v all_o or_o near_o all_o gamester_n loser_n and_o i_o fear_v the_o comparison_n hold_v thus_o much_o far_o that_o there_o be_v as_o few_o escape_n that_o continue_v in_o usury_n as_o that_o continue_v gamester_n a_o man_n may_v play_v once_o or_o twice_o and_o leave_v a_o winner_n but_o the_o use_n of_o it_o be_v seldom_o without_o ruin_n now_o because_o i_o know_v man_n private_a interest_n do_v many_o time_n blind_v their_o judgement_n and_o lest_o any_o may_v be_v tempt_v for_o their_o own_o against_o the_o public_a good_a i_o will_v desire_v they_o to_o remember_v that_o if_o they_o have_v land_n as_o well_o as_o money_n that_o what_o they_o lose_v in_o their_o money_n they_o shall_v get_v it_o in_o their_o land_n for_o land_n and_o money_n be_v ever_o in_o balance_n one_o against_o the_o other_o and_o where_o money_n be_v dear_a land_n be_v cheap_a and_o where_o money_n be_v cheap_a land_n be_v dear_a and_o if_o there_o be_v any_o yet_o so_o hearty_a a_o wellwisher_a to_o ten_o in_o the_o hundred_o as_o that_o he_o still_o think_v it_o fit_a to_o be_v continue_v my_o wish_n be_v that_o he_o and_o his_o posterity_n may_v have_v the_o privilege_n to_o borrow_v but_o not_o to_o lend_v at_o that_o rate_n in_o the_o baginning_n of_o this_o treatise_n i_o do_v disclaim_v the_o proof_n of_o the_o unlawfulness_n of_o usury_n leave_v they_o to_o divine_n this_o one_o only_a rise_v from_o the_o premise_n which_o may_v serve_v for_o all_o i_o think_v fit_a to_o set_v down_o it_o be_v agree_v by_o all_o the_o divine_n that_o ever_o be_v without_o exception_n of_o any_o yea_o and_o by_o the_o usurer_n themselves_o that_o bite_a usury_n be_v unlawful_a now_o since_o it_o have_v be_v prove_v that_o ten_o in_o the_o hundred_o do_v bite_v the_o land_a man_n do_v bite_v the_o poor_a do_v bite_v trade_n do_v bite_v the_o king_n in_o his_o custom_n do_v bite_v the_o fruit_n of_o the_o land_n and_o most_o of_o all_o the_o land_n itself_o do_v bite_v all_o work_n of_o piety_n of_o virtue_n and_o glory_n to_o the_o state_n no_o man_n can_v deny_v but_o ten_o in_o the_o hundred_o be_v absolute_o unlawful_a howsoever_o happy_o a_o lesser_a rate_n may_v be_v otherwise_o to_o the_o king_n increase_v of_o his_o custom_n to_o the_o kingdom_n increase_n of_o land_n by_o enrich_v of_o this_o to_o the_o nobility_n and_o gentry_n deliverance_n from_o bondage_n and_o debt_n to_o merchant_n continuance_n and_o flourish_a in_o their_o trade_n to_o young_a beginner_n in_o trade_n and_o commerce_n the_o fruit_n of_o their_o own_o labour_n to_o labourer_n quick_a employment_n to_o usurer_n land_n for_o the_o money_n postscript_n since_o the_o foregoing_a paper_n be_v deliver_v to_o the_o press_n mr_n henry_n daker_n merchant_n send_v i_o a_o most_o rational_a and_o admirable_a treatise_n concern_v trade_n call_v england_n interest_n and_o improvement_n write_v by_o samuel_n fortrey_n esq_n one_o of_o the_o gentleman_n of_o the_o majesty_n privy_a chamber_n in_o which_o he_o mention_n something_o concern_v the_o interest_n of_o money_n in_o the_o follow_a word_n pag._n 42._o viz._n in_o the_o last_o place_n concern_v the_o use_n of_o money_n which_o be_v the_o life_n and_o sinew_n of_o trade_n it_o have_v be_v the_o opinion_n of_o some_o that_o the_o great_a use_n be_v allow_v for_o money_n the_o more_o will_v be_v the_o profit_n of_o the_o public_a for_o that_o stranger_n find_v a_o great_a benefit_n to_o be_v make_v of_o their_o money_n here_o than_o other_o where_o will_v send_v it_o hither_o whereby_o money_n will_v be_v much_o more_o plentiful_a among_o we_o indeed_o i_o shall_v be_v of_o their_o opinion_n if_o as_o soon_o as_o by_o this_o mean_v great_a sum_n of_o money_n be_v transport_v hither_o all_o their_o money_n shall_v be_v confiscate_v to_o the_o public_a but_o if_o otherwise_o sure_o it_o can_v be_v deny_v but_o the_o great_a the_o use_n the_o more_o the_o profit_n to_o the_o usurer_n and_o loss_n to_o the_o debtor_n so_o as_o in_o a_o few_o year_n we_o shall_v find_v ourselves_o so_o little_o enrich_v thereby_o that_o when_o the_o principal_a shall_v be_v again_o recall_v we_o shall_v find_v but_o little_a money_n leave_v all_o our_o own_o be_v waste_v in_o use_n wherefore_o indeed_o the_o true_a benefit_n to_o the_o public_a be_v to_o set_v the_o use_n of_o money_n as_o low_a or_o rather_o low_a than_o in_o our_o neighbour_n country_n it_o be_v for_o than_o they_o will_v make_v no_o profit_n out_o ●f_v we_o by_o that_o mean_n but_o rather_o we_o on_o they_o and_o it_o be_v the_o clear_a profit_n that_o we_o get_v of_o our_o own_o that_o will_v make_v this_o nation_n ric●_n and_o not_o the_o great_a sum_n we_o be_v indebt_v to_o other_o which_o i_o have_v here_o insert_v for_o such_o like_a reason_n first_o that_o the_o world_n may_v see_v i_o be_o not_o singular_a in_o this_o opinion_n although_o i_o think_v i_o have_v be_v so_o when_o first_o i_o write_v the_o aforesaid_a observation_n second●y_o for_o confirmation_n of_o the_o truth_n by_o the_o authority_n of_o a_o person_n of_o such_o know_a ability_n three_o to_o give_v the_o author_n his_o due_a honour_n of_o be_v the_o first_o observer_n etc._n etc._n and_o i_o be_o sorry_a i_o know_v not_o the_o ingenious_a author_n of_o the_o former_a tract_n that_o i_o may_v do_v right_a to_o his_o memory_n who_o have_v do_v more_o for_o his_o country_n than_o will_v have_v be_v the_o gift_n of_o some_o million_o of_o pound_n sterling_n into_o the_o public_a exchequer_n finis_fw-la errata_fw-la discourse_n concern_v trade_n etc._n etc._n in_o page_n 15_o line_n 15_o read_v experience_n p_o 25_o l_o 21_o r_o a_o memorable_a p_o 31_o l_o 6_o r_o administrari_fw-la trade_n and_o interest_n of_o money_n etc._n etc._n page_n 11_o line_n 27_o for_o a_o due_a r_o due_a p_o 48_o l_o 17_o f_o this_o r_o his_o p_o 54_o l_o 3_o r_o conclude_v l_o 20_o r_o discharge_v p._n 57_o l_o 26_o r_o decrease_v p_o 59_o l_o 7_o f_z prophence_o r_o propense_a p_o 65_o l_o 26_o f_z care_v r_o cure_n p_o 83_o l_o 16_o r_o company_n p_o 97_o l_o 21_o r_o 50_o or_o 25_o l._n per_fw-la cent_n p_o 99_o l_o 7_o r_o estimate_n l_o 18_o f_o not_o one_o r_o very_o few_o if_o any_o l_o 29_o f_o our_o r_o any_o p_o 111_o l_o 27_o f_z or_o r_o of_o p_o 113_o l_o 19_o r_o maritine_a l_o 22_o f_o be_v r_o and._n p_o 117_o l_o 13_o deal_n so_o l_o 16_o r_o record_n p_o 100l_n l_o 15_o f_z being_z r_o be_v l_o 25_o f_o many_o r_o main_a p_o 121_o l_o 26_o f_o many_o r_o main_a p_o 131_o l_o 19_o r_o number_n p_o 134_o l_o 7_o r_o maker_n p_o 135_o l_o 2_o r_o be_v general_o l_o 7_o f_z infinite_a r_o infinity_n p_o 136_o l_o 26_o r_o and_o be_v p_o 138_o l_o 26_o r_o bankrupt_n p_o 145_o l_o 9_o r_o furnish_v p_o 147_o l_o 1_o f_o be_v r_o if_o p_o 148_o l_o 4_o r_o accident_n and._n p_o 152_o r_o diminution_n l_o 20_o r_o that_o it_o be_v p_o 158_o l_o 27_o f_o onum_fw-la r_o unum_fw-la p_o 163_o l_o 27_o r_o plausible_a p_o 172_o l_o 3_o r_o involuntary_o send_v thither_o l_o 27_o r_o have_v be_v p_o 182_o l_o 8_o r_o distribution_n p_o 187_o l_o 8_o r_o as_o sectary_n p_o 194_o l_o 17_o r_o per_fw-la cent_n l_o 18_o r_o per_fw-la cent_n p_o 195_o l_o 27_o r_o newfoundland_n p_o 199_o l_o 12_o f_o bengal_n r_o bandel_n p_o 231_o l_o 9_o r_o his_o majesty_n
in_o the_o outpart_n of_o london_n upon_o this_o point_n of_o naturalisation_n many_o man_n make_v a_o great_a doubt_n whether_o it_o be_v for_o public_a good_a to_o permit_v the_o jew_n to_o be_v naturalize_v in_o common_a with_o other_o stranger_n those_o that_o be_v against_o their_o admission_n who_o for_o the_o most_o part_n be_v merchant_n urge_v these_o reason_n 1._o they_o say_v the_o jew_n be_v a_o subtle_a people_n pry_v into_o all_o kind_n of_o trade_n and_o thereby_o deprive_v the_o english_a merchant_n of_o that_o profit_n he_o will_v otherwise_o gain_v 2._o they_o be_v a_o penurious_a people_n live_v miserable_o and_o therefore_o can_v and_o do_v afford_v to_o trade_v for_o less_o profit_n than_o the_o english_a to_o the_o prejudice_n of_o the_o english_a merchant_n 3._o they_o bring_v no_o estate_n with_o they_o but_o set_v up_o with_o their_o pen_n and_o ink_n only_o and_o if_o after_o some_o few_o year_n they_o thrive_v and_o grow_v rich_a they_o carry_v away_o their_o riches_n with_o they_o to_o some_o other_o country_n be_v a_o people_n that_o can_v mix_v with_o we_o which_o riches_n be_v carry_v away_o be_v a_o public_a loss_n to_o this_o kingdom_n those_o that_o be_v for_o the_o admission_n of_o the_o jew_n say_v in_o answer_n to_o the_o aforesaid_a reason_n viz._n 1_o st_o the_o subtle_a the_o jew_n be_v and_o the_o more_o trade_n they_o pry_v into_o while_o they_o live_v here_o the_o more_o they_o be_v like_a to_o increase_v trade_n and_o the_o more_o they_o do_v that_o the_o better_a it_o be_v for_o the_o kingdom_n in_o general_n though_o the_o worse_a for_o the_o english_a merchant_n who_o comparitive_o to_o the_o rest_n of_o the_o people_n of_o england_n be_v not_o one_o of_o a_o thousand_o 2_o dly_z the_o thrifty_a they_o live_v the_o better_a example_n to_o our_o people_n there_o be_v nothing_o in_o the_o world_n more_o conduce_v to_o enrich_v a_o kingdom_n then_o thriftiness_n 3_o dly_z it_o be_v deny_v that_o they_o bring_v over_o nothing_o with_o they_o for_o many_o have_v bring_v hither_o very_o good_a estate_n and_o hundred_o more_o will_v do_v the_o like_a and_o settle_v here_o for_o their_o life_n and_o their_o posterity_n after_o they_o if_o they_o have_v the_o same_o freedom_n and_o security_n here_o as_o they_o have_v in_o holland_n and_o italy_n where_o the_o grand_a duke_n of_o tuscan●y_n and_o other_o prince_n allow_v they_o not_o only_o perfect_a liberty_n and_o security_n but_o give_v they_o the_o privilege_n of_o make_v law_n among_o themselves_o and_o that_o they_o will_v reside_v with_o we_o be_v prove_v from_o the_o know_a principle_n of_o nature_n viz._n principle_n 1._o all_o man_n by_o nature_n be_v alike_o as_o i_o have_v before_o demonstrate_v and_o mr_n hobbs_n have_v true_o assert_v how_o erroneous_a soever_o he_o may_v be_v in_o other_o thing_n princip_n 2._o fear_n be_v the_o cause_n of_o hatred_n and_o hatred_n of_o separation_n from_o as_o well_o as_o evil_a deed_n to_o the_o party_n or_o government_n hate_v when_o opportunity_n be_v offer_v this_o by_o the_o way_n show_v the_o difference_n between_o a_o bare_a connivance_n at_o dissenter_n in_o matter_n of_o religion_n and_o a_o toleration_n by_o law_n the_o former_a keep_v they_o continual_o in_o fear_n and_o consequent_o apt_a to_o sedition_n and_o rebellion_n when_o any_o probable_a occasion_n of_o success_n present_v the_o latter_a disarm_v cunning_a ambitious_a mind_a man_n who_o want_v a_o popular_a discontent_a party_n to_o work_v upon_o can_v effect_v little_a or_o nothing_o to_o the_o prejudice_n of_o the_o government_n and_o this_o methinks_v discover_v clear_o the_o cause_n why_o the_o lutheran_n in_o germany_n protestant_n in_o france_n greek_n in_o turkey_n and_o sectary_n in_o holland_n be_v such_o quiet_a peaceable-minded-man_n while_o our_o nonconformist_n in_o england_n be_v say_v to_o be_v enclinable_a to_o strife_n war_n and_o bloodshed_n take_v away_o the_o cause_n and_o the_o effect_n will_v cease_v while_o the_o law_n be_v in_o force_n against_o man_n they_o think_v the_o sword_n hang_v over_o their_o head_n and_o be_v always_o in_o fear_n though_o the_o execution_n be_v suspend_v not_o know_v how_o soon_o council_n or_o counsellor_n time_n or_o person_n may_v change_v it_o be_v only_o perfect_a love_n that_o cast_v out_o fear_n and_o all_o man_n be_v in_o love_n with_o liberty_n and_o security_n it_o can_v be_v deny_v that_o the_o industrious_a bee_n have_v sting_n though_o drone_n have_v not_o yet_o bee_n sting_v not_o except_o those_o that_o hurt_v they_o or_o disturb_v their_o hive_n it_o be_v say_v the_o jew_n can_v intermarry_v with_o we_o and_o therefore_o it_o can_v be_v suppose_v they_o will_v reside_v long_o among_o we_o although_o they_o be_v treat_v never_o so_o kind_o why_o not_o reside_v here_o as_o well_o as_o in_o italy_n poland_n or_o holland_n they_o have_v now_o no_o country_n of_o their_o own_o to_o go_v to_o and_o therefore_o that_o be_v their_o country_n and_o must_v needs_o be_v so_o esteem_v by_o they_o where_o they_o be_v best_a use_v and_o have_v the_o great_a security_n chap._n viii_o concern_v wool_n and_o woollen_a manufacture_n that_o wool_n be_v eminent_o the_o foundation_n of_o the_o english_a riches_n i_o have_v not_o hear_v deny_v by_o any_o and_o that_o therefore_o all_o possible_a mean_n ought_v to_o be_v use_v to_o keep_v it_o within_o our_o own_o kingdom_n be_v general_o confess_v and_o to_o this_o purpose_n most_o of_o our_o modern_a parliament_n have_v strenuous_o endeavour_v the_o contrive_n of_o severe_a law_n to_o prevent_v its_o exportation_n and_o the_o last_o act_n make_v it_o felony_n to_o ship_n out_o wool_n woolfels_n etc._n etc._n notwithstanding_o which_v we_o see_v that_o english_a and_o irish_a wool_n go_v over_o so_o plentiful_o that_o it_o be_v within_o a_o very_a small_a matter_n as_o cheap_a in_o holland_n as_o in_o england_n the_o mean_n to_o prevent_v this_o evil_a by_o additional_a penal_a law_n and_o alteration_n of_o some_o of_o those_o now_o in_o be_v be_v long_o under_o debate_n by_o his_o majesty_n command_n in_o the_o council_n of_o trade_n who_o according_a to_o their_o duty_n take_v great_a pain_n therein_o and_o since_o i_o have_v be_v inform_v the_o same_o thing_n be_v under_o consideration_n in_o parliament_n so_o that_o i_o doubt_v not_o but_o in_o due_a time_n we_o shall_v see_v some_o more_o effectual_a law_n enact_v to_o this_o purpose_n as_o well_o in_o relation_n to_o ireland_n from_o whence_o the_o great_a of_o this_o mischief_n proceed_v as_o in_o england_n then_o ever_o yet_o have_v be_v yet_o i_o do_v utter_o despair_v of_o ever_o see_v this_o disease_n perfect_o cure_v till_o the_o cause_n thereof_o be_v remove_v which_o i_o take_v to_o be_v one_a height_n of_o interest_n in_o england_n which_o a_o abatement_n by_o law_n to_o 4_o per_fw-mi cent_z will_v cure_v two_o want_v of_o hand_n which_o a_o act_n of_o naturalisation_n will_v cure_v three_o compulsion_n in_o matter_n of_o religion_n which_o some_o relaxation_n of_o the_o ecclesiastical_a law_n i_o hope_v will_v effectual_o cure_v for_o while_o our_o neighbour_n through_o the_o cheap_a valuation_n of_o their_o stock_n can_v afford_v to_o trade_n and_o disburse_v their_o money_n for_o less_o profit_n than_o we_o as_o have_v be_v i_o think_v sufficient_o demonstrate_v by_o the_o foregoing_a discourse_n and_o have_v more_o hand_n to_o employ_v than_o we_o by_o reason_n of_o the_o large_a immunity_n and_o privilege_n they_o give_v both_o to_o native_n and_o foreigner_n there_o be_v no_o question_n but_o they_o will_v be_v able_a to_o give_v a_o better_a price_n for_o our_o wool_n than_o we_o can_v afford_v ourselves_o and_o they_o that_o can_v give_v the_o best_a price_n for_o a_o commodity_n shall_v never_o fail_v to_o have_v it_o by_o one_o mean_n or_o other_o notwithstanding_o the_o opposition_n of_o any_o law_n or_o interposition_n of_o any_o power_n by_o sea_n or_o land_n of_o such_o force_n subtlety_n and_o violence_n be_v the_o general_a course_n of_o trade_n object_n but_o some_o may_v say_v and_o take_v it_o as_o well_o from_o what_o i_o have_v write_v elsewhere_o as_o from_o their_o own_o observation_n will_v not_o the_o well-making_a of_o our_o woollen-manufacture_n contribute_v much_o to_o the_o keep_n of_o our_o wool_n natural_o within_o our_o own_o kingdom_n i_o answer_v doubtless_o it_o will_v have_v a_o great_a tendency_n thereunto_o but_o can_v never_o effect_v it_o till_o the_o aforesaid_a radical_a cause_n of_o this_o disease_n be_v remove_v which_o bring_v i_o to_o the_o next_o question_n viz._n what_o will_v improve_v our_o woollen-manufacture_n in_o quality_n and_o quantity_n this_o be_v a_o very_a great_a question_n and_o require_v very_o deliberate_a and_o serious_a consideration_n but_o i_o shall_v write_v my_o present_a thought_n concern_v it_o
desire_v those_o gentleman_n pardon_n from_o who_o i_o may_v differ_v in_o opinion_n have_v this_o to_o say_v for_o myself_o that_o i_o do_v it_o not_o rash_o this_o be_v a_o business_n that_o i_o have_v many_o year_n consider_v of_o and_o that_o not_o solitary_o but_o upon_o converse_n with_o the_o most_o skilful_a man_n in_o our_o several_a english_a woollen_a manufacture_n 1._o then_o i_o say_v those_o three_o forementioned_a particular_n which_o will_v natural_o keep_v our_o wool_n at_o home_n will_v as_o natural_o increase_v our_o woollen-manufacture_n 2._o negative_o i_o think_v that_o very_o few_o of_o our_o law_n now_o in_o force_n to_o this_o purpose_n though_o our_o statute-book_n be_v replenish_v with_o many_o have_v any_o tendency_n thereunto_o nor_o any_o thing_n i_o have_v yet_o see_v in_o print_n for_o 1_o st_o all_z our_o law_n relate_v to_o the_o aulnegeor_n duty_n every_o body_n know_v signify_v nothing_o to_o the_o increase_n or_o well-making_a our_o manufacture_n but_o be_v rather_o chargeable_a and_o prejudicial_a 2_o dly_z all_o our_o law_n that_o oblige_v our_o people_n to_o the_o make_n of_o strong_a substantial_a and_o as_o we_o call_v it_o loyal_a cloth_n of_o a_o certain_a length_n breadth_n and_o weight_n if_o they_o be_v due_o put_v in_o execution_n will_v in_o my_o opinion_n do_v more_o hurt_n than_o good_a because_o the_o humour_n and_o fashion_n of_o the_o world_n change_n and_o at_o sometime_o in_o some_o place_n as_o now_o in_o most_o slight_a cheap_a light_a cloth_n will_v sell_v more_o plentiful_o and_o better_a than_o that_o which_o be_v heavy_a strong_a and_o true_a wrought_v and_o if_o we_o intend_v to_o have_v the_o trade_n of_o the_o world_n we_o must_v imitate_v the_o dutch_a who_o make_v the_o worst_a as_o well_o as_o the_o best_a of_o all_o manufacture_n that_o we_o may_v be_v in_o a_o capacity_n of_o serve_v all_o market_n and_o all_o humour_n 3_o dly_z i_o conclude_v all_o our_o law_n limit_v the_o number_n of_o loom_n number_v or_o kind_n of_o servant_n and_o time_n of_o work_v to_o be_v certain_o prejudicial_a to_o the_o clothing_n of_o the_o kingdom_n in_o general_n though_o they_o be_v advantageous_a to_o some_o particular_a man_n or_o place_n who_o first_o procure_v those_o law_n of_o restriction_n and_o limitation_n 4_o thly_a i_o think_v all_o those_o law_n be_v prejudicial_a that_o prohibit_v a_o weaver_n from_o be_v a_o full_a tucker_n or_o dyar_n or_o a_o full_a or_o tucker_n from_o keep_v a_o loom_n 5_o thly_a i_o conculde_v that_o stretch_n of_o cloth_n by_o tentor_n though_o it_o be_v sometime_o prejudicial_a to_o the_o cloth_n be_v yet_o absolute_o necessary_a to_o the_o trade_n of_o england_n and_o that_o the_o excess_n of_o strain_v can_v be_v certain_o limit_v by_o any_o law_n but_o must_v be_v l●ft_v to_o the_o seller_n or_o exporter_n discretion_n who_o best_o know_v what_o will_v please_v his_o customer_n beyond_o the_o sea_n beside_o if_o we_o shall_v whole_o prohibit_v strain_v of_o cloth_n the_o dutch_a as_o they_o have_v often_o do_v will_v buy_v our_o unstrain_a cloth_n and_o carry_v it_o into_o holland_n and_o there_o strain_v it_o to_o six_o or_o seven_o yard_n per_fw-la piece_n more_o in_o length_n and_o make_v it_o look_v a_o little_a better_o to_o the_o eye_n and_o after_o that_o carry_v it_o abroad_o to_o turkey_n and_o other_o market_n and_o there_o beat_v we_o out_o of_o trade_n with_o our_o own_o weapon_n but_o some_o may_v then_o ask_v i_o whether_o i_o think_v it_o will_v be_v for_o the_o advantage_n of_o the_o trade_n of_o england_n to_o leave_v all_o man_n at_o liberty_n to_o make_v what_o cloth_n and_o s●uffs_n they_o please_v how_o they_o will_v where_o and_o when_o they_o will_v of_o any_o length_n or_o size_n i_o answer_v yes_o certain_o in_o my_o judgement_n it_o will_v be_v so_o except_o such_o species_n only_o as_o his_o majesty_n &_o the_o parliament_n shall_v think_v fit_a to_o make_v staple_n as_o suppose_v colchester_n baye●_n perpetuanoes_n cheanye_n and_o some_o other_o sort_n of_o norwich_n stuff_v to_o be_v allow_v the_o honour_n of_o a_o public_a seal_n by_o which_o to_o be_v buy_v and_o sell_v here_o and_o beyond_o sea_n as_o if_o it_o be_v upon_o the_o public_a faith_n of_o england_n and_o wherever_o such_o seal_n be_v allow_v or_o shall_v be_v think_v fit_a to_o be_v affix_v to_o any_o commodity_n i_o will_v desire_v the_o commodity_n shall_v be_v exact_o make_v according_a to_o the_o institution_n and_o always_o keep_v to_o its_o certain_a length_n breadth_n and_o goodness_n but_o in_o case_n any_o shall_v make_v of_o the_o say_a commodity_n worse_a than_o the_o institution_n i_o think_v it_o will_v be_v most_o for_o the_o public_a advantage_n to_o impose_v no_o penalty_n upon_o they_o but_o only_o deny_v they_o the_o benefit_n and_o reputation_n of_o the_o public_a seal_n to_o such_o bay_n or_o stuff_n as_o shall_v be_v so_o insufficient_a which_o in_o my_o opinion_n will_v be_v punishment_n 〈…〉_o those_o that_o shall_v make_v worse_o than_o th●_n standard_n and_o advantage_n enough_o to_o those_o that_o shall_v keep_v to_o it_o 2._o for_o all_o cloth_n and_o stuff_v not_o be_v make_v staples_n i_o think_v it_o will_v be_v of_o very_o great_a use_n that_o the_o maker_n do_v weave_v in_o their_o mark_n and_o affix_v their_o own_o seal_n contain_v the_o length_n and_o breadth_n of_o the_o piece_n as_o have_v be_v provide_v in_o some_o statute_n and_o that_o no_o maker_n under_o severe_a penalty_n shall_v use_v another_o mark_n or_o seal_n with_o such_o penalty_n to_o every_o marker_n or_o seller_n who_o cloth_n or_o stuff_n shall_v not_o contain_v the_o length_n and_o breadth_n set_v upon_o the_o seal_n as_o his_o majesty_n and_o the_o parliament_n shall_v think_v sit_v 3._o if_o the_o maker_n of_o all_o stuff_n whatsoever_o for_o exportation_n whether_o s●aples_n or_o not_o which_o be_v common_o sell_v by_o the_o piece_n and_o not_o by_o the_o yard_n or_o ell_n be_v oblige_v to_o make_v they_o no_o short_a than_o ancient_o they_o have_v be_v make_v the_o particular_a length_n of_o each_o sort_n whereof_o may_v be_v provide_v for_o and_o express_v in_o the_o act_n this_o good_a effect_n will_v follow_v upon_o it_o viz._n at_o all_o foreign_a market_n where_o we_o pay_v a_o great_a custom_n by_o the_o piece_n according_a to_o the_o book_n of_o rate_n currant_n in_o the_o several_a country_n we_o shall_v pay_v but_o the_o same_o custom_n abroad_o for_o a_o piece_n of_o full_a length_n which_o now_o we_o do_v for_o one_o that_o i●_n short_a notwithstanding_o i_o conceive_v it_o will_v be_v expedient_a to_o leave_v it_o to_o the_o maker_n discretion_n to_o make_v their_o piece_n as_o much_o long_a as_o they_o please_v chap._n ix_o concern_v the_o balance_n of_o trade_n that_o the_o greatness_n of_o this_o kingdom_n depend_v upon_o foreign_a trade_n be_v acknowledge_v and_o therefore_o the_o interest_n of_o trade_n not_o unbecoming_a person_n of_o the_o high_a rank_n and_o of_o this_o study_n as_o well_o as_o other_o it_o may_v be_v say_v there_o be_v a_o infinite_a in_o it_o none_o though_o of_o the_o large_a intelect_v and_o experience_n be_v able_a to_o fathom_v its_o utmost_a depth_n among_o other_o thing_n relate_v to_o trade_n their_o have_v be_v much_o discourse_n of_o the_o balance_n of_o trade_n the_o right_a understanding_n whereof_o may_v be_v of_o singular_a use_n and_o serve_v as_o a_o compass_n to_o steer_v by_o in_o the_o contemplation_n and_o propagation_n of_o trade_n for_o public_a advantage_n the_o balance_n of_o trade_n be_v common_o understand_v two_o way_n 1._o general_o something_o whereby_o it_o may_v be_v know_v whether_o this_o kingdom_n gain_v or_o lose_v by_o foreign_a trade_n 2._o particular_o something_o whereby_o we_o may_v know_v by_o what_o trade_n this_o kingdom_n gain_v and_o by_o what_o trade_n it_o lose_v for_o the_o first_o of_o these_o it_o be_v the_o most_o general_a receive_v opinion_n and_o that_o not_o ill_o ground_v that_o this_o balance_n be_v to_o be_v take_v by_o a_o strict_a scrutiny_n of_o what_o proportion_n the_o value_n of_o the_o commodity_n export_v out_o of_o this_o kingdom_n bear_v to_o those_o import_v and_o if_o the_o export_n exceed_v the_o import_v it_o be_v conclude_v the_o nation_n get_v by_o the_o general_a course_n of_o its_o trade_n it_o be_v suppose_v that_o the_o over-plush_n be_v import_v in_o bulloin_n and_o so_o add_v to_o the_o treasure_n of_o the_o kingdom_n gold_n and_o silver_n be_v take_v for_o the_o measure_n and_o standard_n of_o riches_n 2._o this_o rule_n be_v not_o only_o common_o apply_v to_o the_o general_a course_n of_o foreign_a trade_n but_o to_o particular_a trade_n to_o and_o from_o this_o nation_n to_o any_o other_o now_o although_o this_o notion_n have_v much_o of_o
yet_o retain_v a_o sufficient_a number_n to_o defend_v the_o kingdom_n and_o cultivate_v our_o land_n at_o home_n i_o answer_v first_o the_o bigness_n of_o army_n be_v not_o always_o a_o certain_a indication_n of_o the_o numerousness_n of_o a_o nation_n but_o sometime_o rather_o of_o the_o nature_n of_o the_o government_n and_o distrubation_n of_o the_o land_n as_o for_o instance_n where_o the_o prince_n and_o lord_n be_v owner_n of_o the_o whole_a territory_n although_o the_o people_n be_v thin_a the_o army_n upon_o occasion_n may_v be_v very_o great_a as_o in_o east-india_n turkey_n and_o the_o kingdom_n of_o fez_n and_o morocco_n where_o taffelet_n be_v late_o say_v to_o have_v a_o army_n of_o one_o hundred_o and_o fifty_o or_o two_o hundred_o thousand_o man_n although_o every_o body_n know_v that_o country_n have_v as_o great_a a_o scarcety_n of_o people_n as_o any_o in_o the_o world_n but_o since_o freeholders_n be_v so_o much_o increase_v in_o england_n &_o the_o servile_a tenor_n alter_v doubtless_o it_o be_v more_o difficult_a as_o well_o as_o more_o chargeable_a to_o draw_v great_a number_n of_o man_n into_o foreign_a war_n 2._o since_o the_o introduction_n of_o the_o new_a artillery_n of_o powder_n shoot_v and_o fire-arm_n in_o the_o world_n all_o war_n be_v become_v as_o much_o rather_o a_o expense_n of_o money_n as_o man_n and_o success_n attend_v those_o that_o can_v most_o &_o long_a spend_v money_n rather_o than_o man_n and_o consequent_o prince_n army_n in_o europe_n be_v become_v more_o proportionable_a to_o their_o purse_n then_o to_o the_o number_n of_o their_o people_n vi_o that_o all_o colony_n and_o foreign_a plantation_n do_v endamage_v their_o mother-kingdom_n whereof_o the_o trade_n of_o such_o plantation_n be_v no●_n confine_v to_o their_o say_a mother_n kingdom_n by_o good_a law_n and_o severe_a execution_n of_o those_o law_n 1._o the_o practice_n of_o all_o the_o government_n of_o europe_n witness_n to_o the_o truth_n of_o this_o proposition_n the_o dane_n keep_v the_o trade_n of_o izland_n to_o themselves_o the_o dutch_a surrenham_n and_o all_o their_o settlement_n in_o east-india_n the_o french_a st_n christopher_n and_o their_o other_o plantation_n in_o the_o west-indies_n the_o portugeeze_n brazil_n and_o all_o the_o coast_n thereof_o the_o spaniard_n all_o their_o vast_a terriories_fw-la upon_o the_o main_a in_o the_o west_n indies_n and_o many_o island_n there_o and_o our_o own_o law_n seem_v to_o design_n the_o like_a as_o to_o all_o our_o plantation_n in_o new-england_n virginia_n barbadoes_n etc._n etc._n although_o we_o have_v not_o yet_o arrive_v to_o a_o complete_a and_o effectual_a execution_n of_o those_o law_n 2._o plantation_n be_v at_o first_o furnish_v and_o afterward_o successive_o supply_v with_o people_n from_o their_o mother_n kingdom_n and_o people_n be_v riches_n that_o loss_n of_o people_n to_o the_o mother_n kingdom_n be_v it_o more_o or_o less_o be_v certain_o a_o damage_n except_o the_o employment_n of_o those_o people_n abroad_o do_v cause_n the_o employment_n of_o so_o many_o more_o at_o home_n in_o their_o mother_n kingdom_n and_o that_o can_v never_o be_v except_o the_o trade_n be_v restrain_v to_o their_o mother_n kingdom_n which_o will_v not_o be_v doubt_v by_o any_o that_o understand_v the_o next_o proposition_n viz._n vii_o that_o the_o dutch_a will_v reap_v the_o great_a advantage_n by_o all_o colony_n issue_v from_o any_o kingdom_n in_o europe_n whereof_o the_o trade_n be_v not_o so_o strict_o confine_v to_o their_o proper_a mother_n kingdom_n this_o proposition_n will_v ready_o be_v assent_v unto_o by_o any_o that_o understand_v the_o nature_n of_o low_a interest_n and_o low_a custom_n where_o the_o market_n be_v free_a they_o shall_v be_v sure_a to_o have_v the_o trade_n that_o can_v sell_v the_o best_a pennyworth_n that_o buy_v dear_a and_o sell_v cheap_a which_o national_o speak_v none_o can_v do_v but_o those_o that_o money_n at_o the_o low_a rate_n of_o interest_n and_o pay_v the_o least_o custom_n which_o be_v the_o dutch_a and_o this_o be_v the_o true_a cause_n why_o before_o the_o act_n of_o navigation_n there_o go_v ten_o dutch_a ship_n to_o barbadoes_n for_o one_o english_a viii_o that_o the_o dutch_a though_o they_o thrive_v so_o exceed_o in_o trade_n will_v in_o probability_n never_o endamage_v this_o kingdom_n by_o the_o growth_n of_o their_o plantation_n 1._o in_o fact_n the_o dutch_a never_o do_v much_o thrive_v in_o plant_v for_o i_o do_v remember_v they_o have_v about_o twenty_o year_n past_a tabago_n a_o most_o fruitful_a island_n in_o the_o west-indies_n apt_a for_o the_o production_n of_o sugar_n and_o all_o other_o commodity_n that_o be_v propagate_v in_o barbadoes_n and_o as_o i_o have_v hear_v planter_n affirm_v better_o accommodate_v with_o river_n for_o water-mill_n which_o be_v of_o great_a use_n for_o grind_v of_o the_o cane_n this_o island_n be_v still_o in_o their_o possession_n and_o corasoa_n and_o some_o other_o and_o about_o sixteen_o or_o seventeen_o year_n past_a they_o be_v so_o eager_a upon_o the_o improvement_n of_o it_o that_o beside_o what_o they_o do_v in_o holland_n they_o set_v up_o bill_n upon_o the_o exchange_n in_o london_n proffer_v great_a privilege_n to_o any_o that_o will_v transport_v themselves_o thither_o notwithstanding_o all_o which_o to_o this_o day_n that_o island_n be_v not_o the_o ten_o part_n so_o well_o improve_v as_o jamaica_n have_v be_v by_o the_o english_a within_o these_o five_o year_n neither_o have_v the_o dutch_a at_o any_o other_o time_n or_o in_o any_o other_o part_n of_o the_o world_n make_v any_o improvement_n by_o plant_v what_o they_o do_v in_o the_o east-indies_n be_v only_o by_o war_n trade_n and_o building_n of_o fortify_v town_n and_o castle_n upon_o the_o seacoast_n to_o secure_v the_o sole_a commerce_n of_o the_o place_n and_o with_o the_o people_n which_o they_o conquer_v not_o by_o clear_v break_v up_o of_o the_o ground_n and_o plant_v as_o the_o english_a have_v do_v this_o i_o take_v to_o be_v a_o strong_a argument_n of_o fact_n to_o my_o present_a purpose_n 2._o the_o second_o argument_n to_o prove_v this_o proposition_n be_v from_o reason_n i_o have_v beforementioned_a the_o several_a accident_n and_o method_n by_o which_o our_o foreign_a plantation_n have_v from_o time_n to_o time_n come_v to_o be_v people_v and_o emprove_v now_o the_o dutch_a be_v void_a of_o those_o accident_n be_v destitute_a of_o the_o occasion_n to_o emprove_v foreign_a plantation_n by_o dige_v and_o delve_v as_o the_o english_a have_v do_v for_o 1_o st_o in_o holland_n their_o interest_n and_o custom_n be_v low_a together_o with_o their_o other_o encouragement_n to_o trade_n mention_v in_o the_o former_a part_n of_o this_o treatise_n give_v employment_n to_o all_o their_o people_n bear_v and_o breed_v among_o they_o and_o also_o to_o multitude_n of_o foreigner_n 2._o their_o give_a liberty_n or_o at_o least_o connivance_n to_o all_o religion_n as_o well_o jew_n and_o roman-catholic_n or_o sectary_n give_v security_n to_o all_o their_o inhabitant_n at_o home_n and_o expel_v none_o nor_o put_v a_o necessity_n upon_o any_o to_o banish_v themselves_o upon_o that_o account_n 3._o their_o careful_a and_o wonderful_a provide_v for_o and_o employ_v their_o poor_a at_o home_n put_v all_o their_o people_n utter_o out_o of_o danger_n of_o starve_v or_o necessity_n of_o steal_v and_o consequent_o out_o of_o fear_n of_o hang_v i_o may_v add_v to_o this_o that_o they_o have_v not_o for_o a_o long_a time_n have_v any_o civil_a war_n among_o they_o and_o from_o the_o whole_a conclude_v that_o the_o dutch_a as_o they_o do_v never_o so_o they_o never_o can_v or_o will_v thrive_v by_o plant_v and_o that_o our_o english_a plantation_n abroad_o be_v a_o good_a effect_n proceed_v from_o many_o evil_a cause_n ix_o that_o neither_o the_o french_a spaniard_n or_o portugeeze_n be_v much_o to_o be_v fear_v on_o the_o account_n of_o plant_v not_o for_o the_o same_o but_o for_o other_o reason_n that_o the_o french_a have_v have_v foot_v in_o the_o west-indies_n almost_o as_o long_a as_o the_o english_a be_v certain_a and_o that_o they_o have_v make_v no_o considerable_a progress_n in_o plant_v be_v as_o certain_a and_o find_v it_o so_o in_o fact_n i_o have_v be_v often_o exercise_v my_o thought_n about_o enquiry_n into_o the_o reason_n thereof_o which_o i_o attribute_v especial_o to_o two_o first_o because_o france_n be_v a_o absolute_a government_n have_v not_o until_o very_o late_o give_v any_o countenance_n or_o encouragement_n to_o navigation_n and_o trade_n second_o and_o principal_o because_o the_o french_a settlement_n in_o the_o west-indies_n have_v not_o be_v upon_o freeholders_n as_o the_o english_a be_v but_o in_o subjection_n to_o the_o french_a west-india_n company_n which_o company_n be_v under_o the_o french_a king_n as_o lord_z proprietor_n of_o the_o place_n they_o settle_v
young_a person_n which_o be_v never_o before_o at_o sea_n i_o appeal_v to_o the_o reader_n whether_o such_o a_o yearly_a return_n of_o seaman_n abide_v at_o home_n with_o we_o all_o the_o winter_n and_o spend_v their_o money_n here_o which_o they_o get_v in_o their_o summer-fishery_a be_v not_o a_o great_a access_n of_o wealth_n and_o power_n to_o this_o kingdom_n and_o a_o ready_a supply_n for_o his_o majesty_n navy_n upon_o all_o emergency_n 6._o the_o fish_v ship_n yet_o be_v and_o always_o have_v be_v the_o breeder_n of_o seaman_n the_o planter_n and_o boat-keeper_n be_v general_o such_o as_o be_v breed_v and_o become_v expert_a at_o the_o cost_n of_o the_o owner_n of_o fish_v ship_n which_o planter_n and_o boat-keeper_n enter_v very_o few_o new_a or_o green_a man_n 7._o by_o the_o build_n fit_a victual_v and_o repair_v of_o fishing-ship_n multitude_n of_o english_a tradesman_n and_o artificer_n beside_o the_o owner_n and_o seaman_n gain_v their_o subsistence_n whereas_o by_o the_o boat_n which_o the_o planter_n and_o boat-keeper_n build_v or_o use_v at_o newfoundland_n england_n get_v nothing_o object_n but_o against_o all_o that_o i_o have_v say_v those_o that_o contend_v for_o a_o governor_n at_o newfoundland_n object_n 1._o that_o without_o a_o governor_n and_o government_n there_o that_o country_n will_v be_v always_o expose_v to_o the_o surprisal_n of_o the_o french_a or_o any_o foreigner_n that_o shall_v please_v to_o attack_v it_o 2._o that_o the_o disorder_n of_o the_o planter_n which_o i_o complain_v of_o and_o some_o other_o which_o for_o brevity_n sake_n i_o have_v not_o mention_v can_v be_v remedy_v without_o a_o governor_n to_o which_o i_o answer_v first_o that_o when_o we_o can_v preserve_v our_o colony_n by_o our_o ship_n or_o so_o awe_v our_o neighbour_n by_o our_o fleet_n and_o ship_n of_o war_n that_o they_o dare_v not_o attempt_v they_o our_o case_n will_v be_v sad_a and_o our_o propriety_n will_v be_v lose_v or_o in_o eminent_a danger_n not_o only_o abroad_o but_o at_o home_o likewise_o 2_o dly_z all_o the_o fish_n that_o be_v kill_v at_o newfoundland_n in_o a_o summer_n be_v not_o sufficient_a to_o maintain_v strength_n enough_o on_o shore_n to_o defend_v two_o fish_v harbour_n against_o ten_o man_n of_o war_n whereas_o that_o country_n have_v more_o harbour_n to_o defend_v than_o be_v to_o be_v find_v in_o old_a england_n 3_o dly_z if_o a_o governor_n be_v establish_v the_o next_o consequence_n will_v be_v a_o tax_n upon_o the_o fish_n and_o the_o least_o tax_n will_v increase_v the_o price_n of_o fish_n and_o that_o unavoidable_o will_v give_v the_o trade_n away_o whole_o into_o the_o french_a hand_n 4_o thly_a a_o government_n there_o be_v already_o of_o ancient_a custom_n among_o the_o master_n of_o the_o fishing-ship_n to_o which_o the_o fisherman_n be_v enure_v and_o that_o free_a from_o oppression_n and_o adapt_v to_o the_o trade_n insomuch_o that_o although_o a_o better_a may_v be_v wish_v i_o never_o hope_v to_o see_v it_o xi_o that_o new-england_n be_v the_o most_o prejudical_a plantation_n to_o this_o kingdom_n i_o be_o now_o to_o write_v of_o a_o people_n who_o frugality_n industry_n and_o temperance_n and_o the_o happiness_n of_o who_o law_n and_o institution_n do_v promise_n to_o themselves_o long_o life_n with_o a_o wonderful_a increase_n of_o people_n riches_n and_o power_n and_o although_o no_o man_n ought_v to_o envy_v that_o virtue_n and_o wisdom_n in_o other_o which_o themselves_o either_o can_v or_o will_v not_o practise_v but_o rather_o to_o commend_v and_o admire_v it_o yet_o i_o think_v it_o be_v the_o duty_n of_o every_o good_a man_n primary_o to_o respect_v the_o welfare_n of_o his_o native_a country_n and_o therefore_o though_o i_o may_v offend_v some_o who_o i_o will_v not_o willing_o displease_v i_o can_v omit_v in_o the_o progress_n of_o this_o discourse_n to_o take_v notice_n of_o some_o particular_n wherein_o old_a england_n suffer_v diminution_n by_o the_o growth_n of_o those_o colony_n settle_v in_o new-england_n and_o how_o that_o plantation_n differ_v from_o those_o more_o southerly_a with_o respect_n to_o the_o gain_n or_o loss_n of_o this_o kingdom_n viz._n 1._o all_o our_o american_n plantation_n except_o that_o of_o new-england_n produce_v commodity_n of_o different_a nature_n from_o those_o of_o this_o kingdom_n as_o sugar_n tobacco_n cocoa_n wool_n ginger_n sundry_a sort_n of_o die_a wood_n etc._n etc._n whereas_o new-england_n produce_v general_o the_o same_o we_o have_v here_o viz._n corn_n and_o cattle_n some_o quantity_n of_o fish_n they_o do_v likewise_o kill_v but_o that_o be_v take_v &_o save_v altogether_o by_o their_o own_o inhabitant_n which_o prejudice_v our_o new_a found-land_n trade_n where_o as_o have_v be_v say_v very_o few_o be_v or_o aught_o according_a to_o prudence_n to_o be_v employ_v in_o those_o fishery_n but_o the_o inhabitant_n of_o old_a england_n the_o other_o commodity_n we_o have_v from_o they_o be_v some_o few_o great_a mast_n fur_n and_o train-oyl_n whereof_o the_o yearly_o value_n amount_v to_o very_o little_a the_o much_o great_a value_n of_o return_n from_o thence_o be_v make_v in_o sugar_n cotton_n wool_n tobacco_n and_o such_o like_a commodity_n which_o they_o first_o receive_v from_o some_o other_o of_o his_o majesty_n plantation_n in_o barter_n for_o dry_a codfish_n salt_n mackerel_n beef_n pork_n bread_n beer_n flower_n pease_n etc._n etc._n which_o they_o supply_v barbadoes_n jamaica_n etc._n etc._n with_o to_o the_o diminution_n of_o the_o vent_n of_o those_o commodity_n from_o this_o kingdom_n the_o great_a experience_n whereof_o in_o our_o own_o west-india_n plantation_n will_v soon_o be_v find_v in_o the_o advantage_n of_o the_o value_n of_o our_o land_n in_o england_n be_v it_o not_o for_o the_o vast_a and_o almost_o incredible_a supply_n those_o colony_n have_v from_o new-england_n 2._o the_o people_n of_o new-england_n by_o virtue_n of_o their_o primitive_a charter_n be_v not_o so_o strict_o tie_v to_o the_o observation_n of_o the_o law_n of_o this_o kingdom_n do_v sometime_o assume_v a_o liberty_n of_o trading_n contrary_a to_o the_o act_n of_o navigation_n by_o reason_n whereof_o many_o of_o our_o american_n commodity_n especial_o tobacco_n and_o sugar_n be_v transport_v in_o new-english_a ship_n direct_o into_o spain_n and_o other_o foreign_a country_n without_o be_v land_a in_o england_n or_o pay_v any_o duty_n to_o his_o majesty_n which_o be_v not_o only_a loss_n to_o the_o king_n and_o a_o prejudice_n to_o the_o navigation_n of_o old_a england_n but_o also_o a_o total_a exclusion_n of_o the_o old_a english_a merchant_n from_o the_o vent_n of_o those_o commodity_n in_o those_o port_n where_o the_o new-english_a vessel_n trade_n because_o there_o be_v no_o custom_n pay_v on_o those_o commodity_n in_o new-england_n and_o a_o great_a custom_n pay_v upon_o they_o in_o old_a england_n it_o must_v necessary_o follow_v that_o the_o new-english_a merchant_n will_v be_v able_a to_o afford_v his_o commodity_n much_o cheap_a at_o the_o market_n than_o the_o old_a english_a merchant_n and_o those_o that_o can_v sell_v cheap_a will_v infallible_o engross_v the_o whole_a trade_n soon_o or_o late_a 3._o of_o all_o the_o american_n plntation_n his_o majesty_n have_v none_o so_o apt_a for_o the_o build_n of_o ship_n as_o new-england_n nor_o none_o comparable_o so_o qualify_v for_o the_o breed_n of_o seaman_n not_o only_o by_o reason_n of_o the_o natural_a industry_n of_o that_o people_n but_o principal_o by_o reason_n of_o their_o cod_n and_o mackerel_n fishery_n and_o in_o my_o poor_a opinion_n there_o be_v nothing_o more_o prejudicial_a and_o in_o prospect_n more_o dangerous_a to_o any_o mother_n kingdom_n than_o the_o increase_n of_o ship_n in_o their_o colony_n plantation_n or_o province_n 4._o the_o people_n that_o evacuate_v from_o we_o to_o barbados_n and_o the_o other_o west-india_n plantation_n as_o be_v before_o hint_v do_v common_o work_v one_o english_a man_n to_o ten_o or_o eight_o black_n and_o if_o we_o keep_v the_o trade_n of_o our_o say_a plantation_n entire_o to_o england_n england_n will_v have_v no_o less_o inhabitant_n but_o rather_o a_o increase_n of_o people_n by_o such_o evacuation_n because_o that_o one_o english_a man_n with_o the_o ten_o black_n that_o work_n with_o he_o account_v what_o they_o eat_v use_v and_o wear_v will_v make_v employment_n for_o four_o man_n in_o england_n as_o be_v say_v before_o whereas_o peradventure_o of_o ten_o man_n that_o issue_n from_o we_o to_o new-england_n &_o ireland_n what_o we_o send_v to_o or_o receive_v from_o they_o do_v not_o employ_v one_o man_n in_o england_n to_o conclude_v this_o chapter_n and_o to_o do_v right_a to_o that_o most_o industirous_a english_a colony_n i_o must_v confess_v that_o though_o we_o lose_v by_o their_o unlimited_a trade_n with_o our_o foreign_a plantation_n yet_o we_o be_v very_o great_a gainer_n