Selected quad for the lemma: order_n
Text snippets containing the quad
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ID |
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Corrected Date of Publication (TCP Date of Publication) |
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Words |
Pages |
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A55541
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The East-India-trade a most profitable trade to the kingdom and best secured and improved in a company and a joint-stock / represented in a letter written upon the occasion to two letters lately published insinuating the contrary.
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Papillon, Thomas, 1623-1702.
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1677
(1677)
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Wing P305; ESTC R213729
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22,116
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32
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the_o east-india-trade_n a_o most_o profitable_a trade_n to_o the_o kingdom_n and_o best_o secure_v and_o improve_v in_o a_o company_n and_o a_o joint-stock_n represent_v in_o a_o letter_n write_v upon_o the_o occasion_n of_o two_o letter_n late_o publish_v insinuate_v the_o contrary_a london_n print_v in_o the_o year_n 1677._o the_o east-india-trade_n a_o most_o profitable_a trade_n to_o the_o kingdom_n etc._n etc._n sir_n your_o kind_a reception_n of_o my_o former_a do_v encourage_v i_o to_o answer_v your_o desire_n in_o part_n and_o to_o give_v you_o my_o thought_n more_o particular_o touch_v the_o great_a advantage_n that_o redound_v to_o the_o kingdom_n by_o the_o east-india-trade_n and_o some_o reason_n why_o i_o conceive_v the_o say_a trade_n can_v so_o well_o be_v carry_v on_o or_o manage_v for_o the_o public_a good_a in_o any_o other_o way_n than_o by_o a_o company_n in_o a_o joint_a stock_n in_o order_n hereunto_o give_v i_o leave_v in_o the_o first_o place_n to_o say_v something_o of_o trade_n in_o general_n which_o may_v not_o only_o give_v some_o light_n for_o the_o better_a understanding_n the_o india-trade_n but_o also_o obviate_v some_o objection_n that_o be_v frequent_o make_v against_o it_o trade_n may_v be_v distinguish_v into_o foreign_a and_o domestic_a the_o latter_a will_v be_v very_o inconsiderable_a but_o in_o subserviency_n to_o the_o former_a trade_n confine_v among_o ourselves_o procure_v little_a advantage_n to_o the_o kingdom_n no_o more_o than_o the_o buy_n and_o sell_v of_o land_n one_o have_v more_o and_o another_o have_v less_o the_o owner_n be_v change_v but_o the_o land_n be_v still_o the_o same_o it_o be_v foreign_a trade_n that_o be_v the_o great_a interest_n and_o concern_v of_o the_o kingdom_n without_o foreign_a trade_n all_o or_o the_o most_o part_n of_o those_o study_n that_o render_v person_n so_o renown_v will_v be_v of_o little_a signification_n to_o the_o public_a what_o be_v all_o knowledge_n if_o it_o be_v not_o improve_v to_o practice_n but_o empty_a notion_n if_o the_o people_n of_o this_o island_n be_v learn_v in_o all_o language_n do_v know_v the_o situation_n of_o all_o place_n and_o country_n and_o the_o nature_n of_o all_o commodity_n be_v acquaint_v with_o the_o order_n and_o motion_n of_o all_o the_o star_n know_v how_o to_o take_v the_o latitude_n and_o longitude_n and_o be_v perfect_o read_v in_o the_o art_n of_o navigation_n to_o what_o purpose_n will_v all_o be_v if_o there_o be_v no_o foreign_a trade_n we_o shall_v have_v no_o ship_n to_o navigate_v to_o those_o country_n nor-occasion_n to_o make_v use_n of_o those_o language_n nor_o any_o advantage_n by_o those_o commodity_n what_o will_v this_o island_n be_v without_o foreign_a trade_n but_o a_o place_n of_o confinement_n to_o the_o inhabitant_n who_o without_o it_o can_v be_v but_o a_o kind_n of_o hermit_n as_o be_v separate_v from_o the_o rest_n of_o the_o world_n it_o be_v foreign_a trade_n that_o render_v we_o rich_a honourable_a and_o great_a that_o give_v we_o a_o name_n and_o esteem_v in_o the_o world_n that_o make_v we_o master_n of_o the_o treasure_n of_o other_o country_n and_o beget_v and_o maintain_v our_o ship_n and_o seaman_n the_o wall_n and_o bulwark_n of_o our_o country_n be_v it_o not_o for_o foreign_a trade_n what_o will_v become_v of_o the_o revenue_n of_o six_o to_o eight_o hundred_o thousand_o pound_n per_fw-la annum_fw-la for_o custom_n and_o what_o will_v the_o rent_n of_o our_o land_n be_v the_o custom_n will_v total_o fail_v and_o our_o gentleman_n rent_n of_o thousand_o per_fw-la annum_fw-la will_v dwindle_v into_o less_o than_o hundred_o but_o all_o foreign_a trade_n be_v not_o alike_o advantageous_a to_o the_o kingdom_n certain_o that_o can_v be_v suppose_v there_o may_v be_v such_o a_o trade_n to_o some_o place_n under_o such_o circumstance_n as_o instead_o of_o bring_v advantage_n and_o add_v to_o the_o stock_n of_o the_o kingdom_n may_v be_v very_o detrimental_a and_o destructive_a by_o waste_v and_o consume_v our_o stock_n and_o treasure_n a_o trade_n that_o take_v off_o little_a from_o we_o in_o commodity_n and_o furnish_v we_o with_o little_a or_o no_o good_n for_o our_o foreign_a vent_n in_o other_o place_n but_o with_o abundance_n of_o either_o unnecessary_a and_o superfluous_a thing_n to_o feed_v our_o vain_a humour_n and_o fancy_n or_o with_o such_o though_o useful_a as_o hinder_v the_o consumption_n of_o our_o own_o manufacture_n can_v never_o be_v profitable_a but_o destructive_a and_o such_o a_o trade_n be_v that_o to_o france_n as_o it_o lie_v under_o those_o exorbitant_a imposition_n on_o our_o manufacture_n of_o 50_o to_o 60_o per_fw-la cent_z amount_v almost_o to_o a_o prohibition_n whereas_o there_o be_v former_o vend_v in_o that_o kingdom_n annual_o to_o the_o amount_v of_o 600_o thousand_o pound_n in_o english_a drapery_n there_o be_v now_o hardly_o vend_v 50_o thousand_o pound_n worth_a and_o yet_o our_o receipt_n from_o they_o in_o wine_n linen_n paper_n silk_n garment_n ready_a make_v bed_n and_o a_o innumerable_a company_n of_o toy_n and_o trinket_n be_v great_o augment_v so_o that_o our_o receipt_n from_o france_n in_o unnecessary_a and_o superfluous_a thing_n or_o in_o such_o commodity_n as_o hinder_v the_o use_n of_o our_o own_o manufacture_n and_o serve_v not_o to_o supply_v other_o foreign_a market_n exceed_v by_o many_o hundred_o thousand_o annual_o what_o that_o country_n take_v from_o we_o in_o commodity_n that_o trade_n under_o such_o circumstance_n can_v be_v otherwise_o than_o very_o ruinous_a and_o destructive_a other_o foreign_a trade_n that_o be_v profitable_a to_o the_o kingdom_n yet_o be_v not_o equal_o so_o some_o take_v off_o more_o of_o our_o native_a commodity_n and_o manufacture_n furnish_v we_o with_o more_o useful_a and_o necessary_a commodity_n at_o cheap_a rate_n for_o our_o consumption_n supply_v we_o with_o material_n for_o manufacture_n or_o with_o commodity_n to_o be_v transport_v to_o other_o country_n for_o a_o further_a enlargement_n of_o our_o trade_n than_o other_o some_o trade_n employ_v a_o great_a number_n of_o english_a ship_n occasion_n the_o building_n and_o maintain_v ship_n of_o great_a burden_n and_o force_n whereby_o a_o addition_n be_v make_v to_o the_o strength_n of_o the_o kingdom_n than_o other_o and_o some_o trade_n bring_v in_o a_o great_a revenue_n to_o his_o majesty_n whereby_o the_o public_a charge_n of_o the_o kingdom_n be_v supply_v without_o or_o with_o less_o tax_n on_o the_o people_n than_o other_o of_o all_o which_o matter_n a_o due_a consideration_n be_v to_o be_v have_v in_o the_o examination_n of_o the_o distinct_a trade_n to_o find_v out_o which_o be_v most_o profitable_a and_o beneficial_a to_o the_o kingdom_n it_o be_v a_o maxim_n general_o receive_v and_o approve_v in_o reference_n to_o foreign-trade_n and_o take_v as_o a_o rule_n to_o measure_v any_o trade_n by_o whether_o it_o be_v profitable_a to_o the_o kingdom_n or_o not_o that_o where_o the_o good_n export_v be_v less_o in_o value_n than_o the_o good_n import_v the_o kingdom_n lose_v by_o that_o trade_n because_o what_o fall_v short_a must_v be_v supply_v by_o money_n and_o on_o the_o other_o hand_n when_o the_o export_n be_v more_o than_o the_o import_v the_o treasure_n and_o stock_n of_o the_o kingdom_n be_v increase_v by_o such_o a_o trade_n it_o be_v necessary_o suppose_v that_o the_o overplus_n be_v return_v in_o bullion_n this_o rule_n seem_v to_o be_v take_v from_o the_o consideration_n of_o the_o whole_a kingdom_n as_o to_o its_o trade_n with_o foreign_a part_n under_o the_o notion_n of_o a_o single_a person_n possess_v and_o manage_v a_o estate_n or_o farm_n if_o he_o do_v not_o raise_v from_o his_o estate_n or_o farm_n to_o sell_v for_o a_o great_a value_n than_o to_o purchase_v what_o he_o do_v and_o must_v necessary_o buy_v in_o for_o the_o supply_n of_o his_o farm_n and_o household_n he_o can_v advance_v thereby_o if_o his_o receipt_n exceed_v his_o payment_n there_o be_v a_o addition_n to_o his_o stock_n if_o his_o payment_n surpass_v his_o receipt_n he_o run_v in_o debt_n and_o decay_v in_o his_o estate_n a_o gentleman_n that_o spend_v every_o year_n more_o than_o his_o revenue_n or_o income_n will_v in_o time_n have_v no_o revenue_n at_o all_o this_o notion_n be_v undoubted_o very_o good_a and_o may_v by_o a_o due_a consideration_n of_o it_o under_o several_a and_o various_a circumstance_n be_v improve_v and_o make_v use_n of_o to_o explain_v the_o matter_n of_o foreign-trade_n in_o reference_n to_o the_o kingdom_n so_o as_o to_o render_v the_o same_o intelligible_a to_o all_o person_n for_o it_o will_v not_o only_o show_v we_o that_o we_o decay_n in_o our_o stock_n when_o the_o cost_n of_o what_o we_o spend_v and_o consume_v be_v more_o than_o we_o can_v purchase_v by_o what_o we_o sell_v of_o our_o own_o product_n and_o manufacture_n but_o