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 truâh_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 afâer_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
and_o i_o think_v my_o opposer_n be_v not_o clear_v sight_v if_o he_o can_v discern_v that_o the_o latter_a in_o a_o due_a and_o regulate_v proportion_n must_v be_v a_o consequent_a of_o they_o in_o the_o next_o place_n the_o gentleman_n find_v i_o at_o a_o loss_n as_o he_o say_v for_o the_o reason_n of_o our_o great_a trade_n at_o present_a will_v help_v i_o as_o well_o as_o he_o can_v i_o answer_v those_o latter_a word_n as_o well_o as_o he_o can_v be_v well_o put_v in_o for_o as_o yet_o he_o have_v tell_v i_o no_o news_n nor_o give_v any_o shadow_n of_o reason_n that_o i_o know_v not_o before_o and_o have_v mature_o consider_v on_o many_o year_n before_o i_o write_v the_o first_o treatise_n the_o reason_n he_o give_v for_o our_o present_a greatness_n of_o trade_n be_v first_o our_o cast_v off_o the_o church_n of_o rome_n second_o the_o statute_n in_o henry_n the_o 7_o th_n time_n prohibit_v noble_a man_n retainer_n and_o make_v their_o land_n liable_a to_o the_o payment_n of_o debt_n three_o the_o discovery_n of_o the_o east_n and_o west-india_n trade_n pag._n 19_o 20._o to_o his_o first_o and_o second_o reason_n i_o answer_v that_o those_o statute_n of_o henry_n the_o 7_o the_o and_o our_o cast_v off_o the_o church_n of_o rome_n do_v long_o precede_v our_o be_v any_o thing_n in_o trade_n which_o begin_v not_o until_o the_o latter_a end_n of_o queen_n elizabeth_n reign_n and_o afterward_o increase_v in_o the_o time_n of_o king_n james_n and_o king_n charles_n the_o first_o as_o we_o abate_v our_o interest_n and_o not_o otherwise_o there_o be_v a_o person_n yet_o live_v and_o but_o 77_o year_n of_o age_n viz._n captain_n russel_n of_o wapping_n who_o assure_v i_o he_o can_v remember_v since_o we_o have_v not_o above_o three_o merchant_n ship_n of_o 300_o tun_n and_o upward_o belong_v to_o england_n second_o that_o in_o italy_n where_o there_o be_v no_o such_o statute_n for_o abridgement_n of_o noble_a man_n retainer_n nor_o cast_v off_o the_o church_n of_o rome_n there_o be_v notwithstanding_o a_o very_a great_a trade_n and_o land_n at_o from_o 35_o to_o 40_o year_n purchase_v which_o sufficient_o show_v that_o a_o low_a interest_n be_v absolute_o and_o principal_o necessary_a and_o that_o the_o other_o particular_n alone_o will_v not_o do_v to_o the_o procure_n of_o those_o end_n although_o a_o low_a interest_n single_o do_v it_o in_o italy_n to_o his_o three_o reason_n i_o answer_v that_o there_o be_v some_o man_n yet_o live_v who_o do_v remember_v a_o great_a trade_n to_o east-india_n and_o a_o far_o great_a stock_n employ_v therein_o than_o we_o have_v now_o and_o yet_o we_o be_v so_o far_o from_o thrive_a upon_o it_o that_o we_o lose_v by_o it_o and_o can_v never_o see_v our_o principal_a money_n again_o nor_o ever_o do_v we_o great_o prosper_v upon_o it_o till_o our_o interest_n be_v much_o abate_v by_o law_n nor_o ever_o shall_v mate_v the_o dutch_a in_o it_o till_o our_o interest_n be_v as_o low_a as_o they_o the_o like_a in_o a_o great_a measure_n be_v true_a in_o our_o west-india_n trade_n we_o never_o get_v considerable_a by_o they_o till_o our_o last_o abatement_n of_o interest_n from_o 8_o to_o 6_o per_fw-la cent._n pag._n 21_o 22._o he_o labour_v to_o prove_v that_o if_o we_o will_v have_v trade_n to_o flourish_v and_o land_n high_a we_o must_v imitate_v the_o hollander_n in_o their_o practice_n which_o in_o matter_n of_o trade_n i_o know_v be_v most_o certain_a so_o far_o as_o they_o be_v consistent_a with_o the_o government_n of_o our_o own_o country_n and_o the_o first_o and_o ready_a thing_n wherein_o we_o can_v imitate_v they_o be_v to_o reduce_v our_o interest_n of_o money_n to_o a_o low_a rate_n after_o the_o manner_n of_o our_o father_n and_o they_o do_v it_o before_o we_o which_o will_v natural_o lead_v we_o to_o all_o the_o other_o advantage_n in_o trade_n which_o they_o now_o use_v 1._o for_o if_o interest_n be_v abate_v to_o 4_o per_fw-mi cent_z who_o will_v not_o that_o can_v leave_v his_o child_n any_o competent_a estate_n of_o 1000_o or_o 2000_o l._n each_o bring_v they_o up_o to_o write_v arithmetic_n and_o merchant_n account_n and_o instruct_v they_o in_o trade_n well_o know_v that_o the_o bare_a use_n of_o their_o money_n or_o the_o product_n of_o it_o in_o land_n will_v scarce_o keep_v they_o 2._o must_v not_o all_o person_n live_v low_a in_o expense_n when_o all_o trade_n will_v be_v less_o gainful_a to_o individual_n though_o more_o profitable_a to_o the_o public_a 3._o will_v it_o not_o put_v we_o upon_o building_n as_o bulky_a and_o cheap_a sail_a ship_n as_o they_o 4._o will_v it_o not_o bring_v trade_n to_o be_v so_o familiar_a among_o we_o that_o our_o gentleman_n who_o be_v in_o our_o great_a council_n will_v come_v to_o understand_v it_o and_o according_o contrive_v law_n in_o favour_n of_o it_o 5._o will_v not_o nay_o have_v it_o not_o already_o bring_v we_o to_o lower_v our_o custom_n upon_o our_o own_o native_a commodity_n and_o manufacture_n 6._o will_v it_o not_o in_o time_n bring_v we_o to_o transfer_v bill_n of_o debt_n be_v not_o necessity_n the_o mother_n of_o invention_n and_o that_o old_a proverb_n true_a facile_fw-la est_fw-la inventis_fw-la addere_fw-la there_o be_v in_o my_o poor_a opinion_n nothing_o conducible_a to_o the_o good_a of_o trade_n that_o we_o shall_v not_o by_o one_o accident_n or_o other_o hit_v upon_o when_o we_o have_v attain_v this_o fundamental_a point_n and_o be_v thereby_o necessitate_v to_o follow_v and_o keep_v to_o our_o trade_n from_o generation_n to_o generation_n 7._o do_v we_o not_o see_v that_o even_o as_o the_o world_n now_o go_v dies_fw-la diem_fw-la docet_fw-la scarce_o a_o session_n of_o parliament_n pass_v without_o make_v some_o good_a act_n for_o the_o better_n of_o trade_n and_o pare_v off_o the_o extravagancy_n of_o the_o law_n for_o which_o end_v this_o last_o session_n produce_v three_o that_o about_o the_o silk-throwsters_a that_o about_o transportation_n of_o hides_n etc._n etc._n that_o about_o writ_n of_o error_n 8._o will_v not_o the_o full_a understanding_n of_o trade_n acquire_v by_o experience_n and_o never_o want_v to_o any_o people_n that_o make_v it_o their_o constant_a business_n to_o follow_v trade_n as_o we_o must_v do_v when_o interest_n shall_v be_v at_o 4_o per_fw-mi cent_z quick_o bring_v we_o to_o find_v our_o advantage_n in_o permit_v all_o â_z to_o cohabit_n trade_n and_o purchase_v land_n among_o âs_n upon_o as_o easy_a term_n as_o the_o dutch_a do_v will_v not_o the_o consequence_n of_o this_o law_n by_o augment_v the_o value_n of_o land_n bring_v we_o in_o time_n to_o regular_a and_o just_a enclosement_n of_o our_o forest_n commons_o and_o waste_v and_o make_v our_o small_a river_n navigable_a the_o high_a improvement_n that_o this_o land_n be_v capable_a of_o and_o have_v not_o these_o last_o 50_o year_n since_o the_o several_a abatement_n of_o interest_n produce_v more_o of_o these_o profitable_a work_n then_o 200_o year_n before_o will_v not_o the_o consequence_n of_o this_o law_n discover_v to_o we_o the_o vanity_n and_o opposition_n to_o trade_n that_o there_o seem_v to_o be_v in_o many_o of_o our_o statute_n yet_o in_o force_n such_o as_o these_o fâllowing_v viz._n one_a the_o statute_n of_o bankrupt_a as_o they_o be_v now_o use_v in_o many_o case_n more_o to_o the_o prejudice_n of_o honest_a dealer_n than_o the_o bankrupt_a himself_o by_o compel_a man_n often_o time_n to_o refund_v money_n receive_v of_o the_o bankrupt_a for_o ware_n justlâ_n sell_v and_o deliver_v he_o long_o before_o it_o be_v possible_a for_o the_o seller_n to_o discover_v the_o buyeâ_n to_o be_v a_o brankrupt_a two_o such_o be_v our_o law_n limit_v the_o price_n of_o beer_n and_o ale_n to_o one_o penny_n per_fw-la quartfield_n which_o bar_v we_o from_o all_o improvement_n and_o imitation_n of_o foreign_a liquor_n make_v of_o corn_n common_o call_v mom_o spruce-beer_n rosteker-beer_n which_o may_v and_o be_v make_v in_o england_n and_o will_v occasion_v the_o profitable_a consumption_n of_o a_o incredible_a quantity_n of_o our_o grain_n and_o prove_v a_o great_a aâdition_n to_o his_o majesty_n revenue_n of_o excise_n expend_v abundance_n of_o coal_n in_o long_a boil_a of_o those_o commodity_n employ_v many_o hand_n in_o the_o manufacture_n of_o they_o as_o well_o as_o ship_n in_o transportation_n of_o they_o not_o only_o to_o all_o our_o own_o plantation_n in_o america_n but_o to_o many_o other_o part_n of_o the_o world_n three_o our_o law_n against_o engross_a corn_n and_o other_o commodity_n there_o be_v no_o person_n more_o beneficial_a to_o trade_n in_o a_o nation_n than_o engrosser_n which_o will_v be_v a_o worthy_a employment_n for_o our_o present_a usurer_n and_o render_v they_o true_o useful_a to_o their_o country_n four_o such_o
to_o my_o knowledge_n with_o very_o good_a intent_n and_o strenuons_a endeavour_n but_o all_o that_o ever_o i_o hear_v of_o prove_v vain_a and_o ineffectual_a as_o i_o fear_v will_n that_o of_o clerken-well_a except_o that_o single_a instance_n of_o the_o town_n of_o dorchester_n which_o yet_o signify_v nothing_o in_o relation_n to_o the_o kingdom_n in_o general_n because_o all_o other_o place_n can_v do_v the_o like_a nor_o do_v the_o town_n of_o dorchester_n entertain_v any_o but_o their_o own_o poor_a only_o and_o whip_v away_o all_o other_o whereas_o that_o which_o i_o design_n be_v to_o propose_v such_o a_o foundation_n as_o shall_v be_v large_a wise_a honest_a and_o rich_a enough_o to_o maintain_v and_o employ_v all_o poor_a that_o come_v within_o the_o pale_a of_o their_o communication_n without_o inquire_v where_o they_o be_v bear_v or_o last_o inhabit_a which_o i_o dare_v affirm_v with_o humility_n that_o nothing_o but_o a_o national_a or_o at_o least_o such_o a_o provincial_a purse_n can_v so_o well_o do_v nor_o any_o person_n in_o this_o kingdom_n but_o such_o only_a as_o shall_v be_v pick_v out_o by_o popular_a election_n for_o the_o reason_n before_o allege_v viz._n that_o in_o my_o opinion_n three_o fourth_n at_o least_o of_o the_o stock_n must_v issue_v from_o the_o charity_n of_o the_o people_n as_o i_o doubt_v not_o but_o it_o will_v to_o a_o great_a proportion_n if_o they_o be_v satisfy_v in_o the_o manager_n thereof_o but_o if_o otherwise_o not_o the_o forty_o i_o may_v say_v not_o the_o hundred_o part_n i_o propose_v the_o majority_n of_o the_o say_a father_n of_o the_o poor_a to_o be_v citizen_n though_o i_o be_o none_o myself_o because_o i_o think_v a_o great_a share_n of_o the_o money_n to_o be_v employ_v must_v and_o will_v come_v from_o they_o if_o ever_o the_o work_n be_v well_o do_v as_o also_o because_o their_o habitation_n be_v near_a the_o centre_n of_o their_o business_n and_o they_o best_o acquaint_v with_o all_o affair_n of_o this_o nature_n by_o their_o experience_n in_o the_o government_n of_o the_o hospital_n earnest_o to_o desire_v and_o endeavour_v that_o the_o poor_a of_o england_n shall_v be_v better_o provide_v for_o and_o employ_v be_v a_o work_n that_o be_v much_o study_v by_o my_o decease_a father_n and_o therefore_o though_o i_o be_v as_o ready_a to_o confess_v as_o any_o shall_v be_v to_o charge_v i_o with_o disability_n to_o propose_v a_o model_n of_o law_n for_o this_o great_a affair_n yet_o i_o hope_v the_o more_o ingenuous_a will_v pardon_v i_o for_o endeavour_v to_o give_v aim_n towards_o it_o since_o it_o be_v so_o much_o my_o duty_n which_o in_o this_o particular_a i_o shall_v be_v careful_a to_o perform_v though_o i_o may_v be_v too_o remise_v in_o other_o as_o shall_v appear_v by_o more_o visible_a and_o apparent_a demonstration_n if_o ever_o this_o design_n or_o any_o other_o that_o be_v like_a to_o effect_v what_o be_v desire_v succeed_v now_o i_o have_v adventure_v thus_o far_o i_o shall_v proceed_v to_o publish_v my_o thought_n and_o observation_n concern_v some_o other_o thing_n that_o have_v relation_n to_o trade_n which_o i_o do_v without_o any_o purpose_n or_o design_n save_v only_o to_o give_v occasion_n to_o my_o countryman_n to_o be_v discourse_v and_o meditate_v upon_o those_o thing_n which_o have_v a_o tendancy_n to_o public_a good_a from_o whence_o though_o my_o suggestion_n shall_v be_v mistake_n probable_o some_o good_a effect_n may_v ensue_v and_o therefore_o the_o ingenuous_a i_o know_v though_o they_o may_v differ_v from_o i_o will_v not_o blame_v i_o for_o the_o attempt_n chap._n iii_o concern_v company_n of_o merchant_n have_v of_o merchant_n be_v of_o two_o sort_n viz._n company_n in_o joint_a stock_n such_o as_o the_o east-india-company_n the_o morea-company_n which_o be_v a_o branch_n of_o the_o turkey-company_n and_o the_o greenland-company_n which_o be_v a_o branch_n of_o the_o muscovia-company_n the_o other_o sort_n be_v company_n who_o trade_v not_o by_o a_o joint_a stock_n but_o only_o be_v under_o a_o government_n and_o regulation_n such_o be_v the_o hambrough-company_n the_o turkey-company_n the_o eastland-company_n the_o muscovia-company_n it_o have_v for_o many_o year_n be_v a_o moot_v case_n whether_o any_o encorporate_n of_o merchant_n be_v for_o public_a good_a or_o not_o for_o my_o own_o part_n i_o be_o of_o opinion_n that_o for_o country_n with_o which_o his_o majesty_n have_v no_o allieance_n nor_o can_v have_v any_o by_o reason_n of_o their_o distance_n or_o barbarity_n or_o non-communication_n with_o the_o prince_n of_o christendom_n etc._n etc._n where_o there_o be_v a_o necessity_n of_o maintain_v force_n and_o fort_n such_o as_o east-india_n and_o guinia_n company_n of_o merchant_n be_v absolute_a necessary_a 2._o it_o seem_v evident_a to_o i_o that_o the_o great_a part_n of_o these_o too_o trade_n ought_v for_o public_a good_a to_o be_v manage_v ây_a joint_a stock_n 3._o it_o be_v questionable_a to_o i_o whether_o any_o other_o company_n of_o merchant_n be_v for_o public_a good_a or_o hurt_n 4._o i_o conclude_v however_o that_o all_o restriction_n of_o trade_n be_v naught_o and_o consequent_o that_o no_o company_n whatsoever_o whether_o they_o trade_n in_o a_o joint_a stock_n or_o under_o regulation_n can_v be_v for_o public_a good_a except_o it_o may_v be_v easy_a for_o all_o or_o any_o of_o his_o majesty_n subject_n to_o be_v admit_v into_o all_o or_o any_o of_o the_o say_a company_n at_o any_o time_n for_o a_o very_a inconsiderable_a fine_a and_o that_o if_o the_o fine_a exceed_v 20_o l._n include_v all_o charge_n of_o admission_n it_o be_v too_o much_o and_o that_o for_o these_o reason_n 1._o because_o the_o dutch_a who_o thrive_v best_a by_o trade_n and_o have_v the_o sure_a rule_n to_o thrive_v by_o admit_v not_o only_o any_o of_o their_o own_o people_n but_o even_o jew_n and_o all_o kind_n of_o alien_n to_o be_v free_a of_o any_o of_o their_o society_n of_o merchant_n or_o any_o of_o their_o city_n or_o town_n corporate_a 2._o nothing_o in_o the_o world_n can_v enable_v we_o to_o cope_v with_o the_o dutch_a in_o any_o trade_n but_o increase_v of_o hand_n and_o stock_n which_o a_o general_a admission_n will_v do_v many_o hand_n and_o much_o stock_n be_v as_o necessary_a to_o the_o prosperity_n of_o any_o trade_n as_o man_n and_o money_n to_o warfare_n 3._o there_o be_v no_o pretence_n of_o any_o good_a to_o the_o nation_n by_o company_n but_o only_a order_n and_o regulation_n of_o trade_n and_o if_o that_o be_v preserve_v which_o the_o admission_n of_o all_o that_o will_v come_v in_o and_o submit_v to_o the_o regulation_n will_v not_o prejudice_v all_o the_o good_a to_o the_o nation_n that_o can_v be_v hope_v for_o by_o company_n be_v obtain_v 4._o the_o eastland_n beside_o our_o native_a commodity_n spend_v great_a quantity_n of_o italian_a spanish_a portugal_n and_o french_a commodity_n viz._n oil_n wine_n fruit_n sugar_n succad_n shoomack_n etc._n etc._n now_o in_o regard_n our_o east-country_n merchant_n of_o england_n be_v few_o compare_v with_o the_o dutch_a and_o intend_v principal_o that_o one_o trade_n out_o and_o home_n and_o consequent_o be_v not_o so_o conversant_a in_o the_o aforesaid_a commodity_n nor_o forward_o to_o adventure_v upon_o they_o and_o see_v that_o by_o the_o company_n charter_n our_o italian_a spanish_a portugal_n and_o french_a merchant_n who_o understand_v those_o commodity_n perfect_o well_o be_v exclude_v those_o trade_n or_o at_o least_o if_o the_o company_n will_v give_v they_o leave_v to_o send_v out_o those_o good_n be_v not_o permit_v to_o bring_v in_o the_o return_v it_o follow_v that_o the_o dutch_a must_v supply_v denmark_n sweeden_n and_o all_o part_n of_o the_o baltique_a with_o most_o of_o those_o commodity_n and_o so_o it_o be_v in_o fact_n 5._o the_o dutch_a who_o have_v no_o eastland-company_n yet_o have_v ten_o time_n the_o trade_n to_o the_o eastern_a part_n as_o we_o have_v and_o for_o italy_n spain_n and_o portugal_n where_o we_o have_v no_o company_n we_o have_v yet_o leave_v full_a as_o much_o if_o not_o more_o trade_n than_o the_o dutch._n and_o for_o russia_n and_o greenland_n where_o we_o have_v company_n and_o i_o think_v establish_v by_o act_n or_o act_n of_o parliament_n our_o trade_n be_v in_o effect_n whole_o lose_v while_o the_o dutch_a have_v without_o company_n increase_a they_o to_o above_o forty_o time_n the_o the_o bulk_n of_o what_o the_o residue_n of_o we_o now_o be_v from_o whence_o may_v be_v infer_v 1._o that_o restrain_v limit_v company_n be_v not_o alone_o sufficient_a to_o preserve_v and_o increase_v a_o trade_n 2._o that_o limit_v company_n though_o establish_v by_o act_n of_o parliament_n may_v loâse_v a_o trade_n 3._o that_o trade_n may_v be_v carry_v on_o to_o any_o part_n of_o christendom_n and_o increase_v without_o company_n 4._o
ireland_n advantageous_a by_o increase_n of_o trade_n and_o ship_n and_o consequent_o the_o power_n of_o this_o kingdom_n object_n 2._o the_o second_o ojection_n to_o part_n of_o the_o act_n of_o navigation_n be_v usual_o make_v by_o the_o eastland_n and_o norway_n merchant_n who_o affirm_v that_o in_o effect_v their_o trade_n be_v much_o decline_v since_o the_o pass_a the_o act_n of_o navigation_n and_o the_o dane_n sweed_n holstener_n and_o all_o easterling_n who_o by_o the_o say_a act_n may_v import_n timber_n and_o other_o eastern_a commodity_n have_v increase_v in_o the_o number_n of_o their_o ship_n employ_v in_o this_o trade_n since_o our_o act_n of_o navigation_n at_o least_o two_o three_o part_n and_o the_o english_a have_v proportionable_o decline_v in_o the_o number_n of_o they_o employ_v in_o that_o trade_n i_o answer_v that_o i_o believe_v the_o matter_n of_o fact_n assert_v be_v true_a as_o well_o as_o the_o cause_n assign_v viz._n the_o act_n of_o navigation_n and_o yet_o this_o shall_v not_o make_v we_o out_o of_o love_n with_o that_o excellent_a law_n rather_o let_v it_o put_v we_o upon_o contrive_v the_o amendment_n of_o this_o seem_a defect_n or_o inconvenience_n the_o cure_n whereof_o i_o hope_v upon_o mature_a consideration_n will_v not_o be_v find_v difficult_a for_o which_o i_o humble_o propound_v to_o the_o wisdom_n of_o parliament_n viz._n that_o a_o law_n be_v make_v to_o impose_v a_o custom_n of_o at_o least_o 50_o l._n per_fw-la cent_z on_o all_o eastland_n commodity_n timber_n board_n pipe-stave_n and_o salt_n import_v into_o england_n and_o ireland_n upon_o any_o ship_n but_o english_a build_v ship_n or_o at_o least_o such_o only_a as_o be_v sail_v with_o a_o english_a master_n and_o at_o least_o three_o fourth_n english_a mariner_n and_o that_o for_o these_o reason_n reas._n first_o if_o this_o be_v not_o do_v the_o dane_n sweede_n and_o easterling_n will_v certain_o in_o a_o few_o year_n carry_v the_o whole_a trade_n by_o reason_n of_o the_o difference_n of_o the_o charge_n of_o build_v a_o ship_n fit_a for_o that_o trade_n there_o or_o here_o viz._n a_o flyboat_n of_o 300_o tun_n new_o build_v and_o set_v to_o sea_n for_o such_o a_o voyage_n may_v cost_v there_o 13_o or_o 1400_o l._n which_o here_o will_v cost_v from_o 22_o to_o 2400_o l._n which_o be_v so_o vast_a a_o disproportion_n that_o it_o be_v impossible_a for_o a_o english_a man_n to_o cope_v with_o a_o dane_n in_o that_o navigation_n under_o such_o a_o discouragement_n to_o balance_v which_o there_o be_v nothing_o but_o the_o stranger_n duty_n which_o the_o dane_n now_o pay_v which_o may_v come_v to_o 5_o or_o 6_o l_o per_fw-la ship_n per_fw-la voyage_n at_o most_o one_o with_o another_o which_o be_v incompitable_a with_o the_o difference_n of_o price_n between_o the_o first_o cost_n of_o the_o ship_n in_o either_o nation_n and_o this_o be_v so_o evident_a to_o those_o who_o be_v conversant_a in_o those_o trade_n that_o beside_o the_o decrease_n of_o our_o ship_n and_o increase_n of_o they_o that_o have_v already_o happen_v we_o in_o probability_n have_v be_v whole_o beat_v out_o of_o the_o trade_n and_o only_o dane_n and_o easterling_n freight_v have_v we_o be_v necessitate_v to_o build_v english_a ship_n and_o have_v not_o be_v recruit_v on_o moderate_a price_n by_o fly-boat_n be_v ship_n proper_a for_o this_o trade_n take_v in_o the_o late_a dutch_a war_n and_o by_o a_o further_a supply_n of_o scotch_a prize_n likewise_o through_o his_o majesty_n permission_n and_o indulgence_n reas._n 2._o because_o the_o number_n of_o stranger_n ship_n employ_v in_o the_o aforesaid_a trade_n yearly_o i_o estimtae_fw-la to_o be_v about_o two_o hundred_o sail_n which_o if_o such_o a_o law_n be_v make_v must_v unavoidable_o be_v all_o exclude_v and_o the_o employment_n fall_v whole_o into_o english_a hand_n which_o will_v be_v a_o excellent_a nursery_n and_o give_v constant_a maintenance_n to_o a_o brave_a number_n of_o english_a seaman_n more_o than_o we_o can_v or_o do_v employ_v at_o present_a reas._o 3_o the_o act_n of_o navigation_n be_v now_o of_o seventeen_o or_o eighteen_o year_n stand_v in_o england_n and_o yet_o in_o all_o these_o year_n not_o one_o english_a ship_n have_v be_v build_v fit_a for_o this_o trade_n the_o reason_n whereof_o be_v that_o before_o mention_v viz._n that_o it_o be_v cheap_a freight_v of_o dane_n and_o easterlin_n and_o it_o be_v so_o and_o all_o man_n natural_o lead_v by_o their_o profit_n it_o seem_v to_o i_o in_o vain_a to_o expect_v that_o ever_o this_o law_n will_v procure_v the_o build_n of_o one_o english_a ship_n fit_a for_o that_o employment_n till_o those_o stranger_n be_v exclude_v this_o trade_n for_o england_n and_o much_o more_o improbable_a it_o be_v that_o any_o shall_v now_o be_v build_v than_o it_o be_v former_o when_o the_o act_n be_v first_o make_v because_o timber_n be_v now_o at_o almost_o double_a the_o price_n in_o england_n it_o be_v then_o the_o consequence_n whereof_o be_v that_o if_o timely_a provision_n be_v not_o make_v by_o some_o additional_a law_n when_o our_o old_a stock_n of_o flemish_a prize_n be_v wear_v out_o as_o many_o of_o they_o be_v already_o we_o shall_v have_v very_o few_o or_o no_o ship_n in_o this_o trade_n the_o objection_n which_o i_o have_v hear_v make_v to_o this_o proposition_n be_v viz._n object_n 1._o if_o such_o a_o imposition_n be_v lay_v on_o those_o gross_a commodity_n import_v by_o stranger_n ship_n that_o will_v amount_v to_o the_o exclude_v all_o stranger_n from_o this_o trade_n we_o shall_v want_v ship_n in_o england_n to_o carry_v on_o the_o trade_n and_o so_o the_o commodity_n will_v not_o be_v have_v or_o else_o will_v come_v very_o dear_a to_o we_o i_o answer_v âf_o the_o commodity_n shall_v be_v somewhat_o dear_a for_o the_o present_a it_o will_v be_v no_o loss_n to_o the_o nation_n in_o general_n because_o all_o freight_n will_v be_v pay_v to_o english_a man_n whereas_o the_o freight_n pay_v to_o stranger_n which_o upon_o thâse_a commodity_n be_v common_o as_o much_o or_o more_o than_o the_o value_n of_o good_n be_v all_o clear_a loss_n to_o the_o nation_n 2_o dly_z if_o there_o shall_v be_v a_o present_a want_n of_o ship_n and_o the_o parliament_n shall_v please_v to_o enjoin_v we_o to_o build_v english_a ship_n for_o this_o trade_n this_o extraordinary_a good_a effect_n will_v follow_v viz._n it_o will_v engage_v we_o to_o do_v that_o we_o never_o yet_o do_v viz._n to_o fall_v to_o build_v of_o fly-boat_n great_a ship_n of_o burden_n of_o no_o force_n and_o small_a charge_n in_o sail_v which_o will_v be_v the_o most_o profitable_a undertake_n that_o ever_o english_a man_n be_v engage_v in_o and_o that_o which_o be_v absolute_o necessary_a to_o be_v do_v if_o ever_o we_o intend_v to_o board_v the_o dutch_a in_o their_o trade_n and_o navigation_n these_o fly-boat_n be_v the_o milch-cow_n ofâolland_n âolland_z from_o which_o they_o have_v suck_v manifold_o great_a profit_n than_o from_o all_o their_o ship_n of_o force_n though_o both_o i_o know_v be_v necessary_a but_o if_o at_o first_o the_o parliament_n shall_v think_v fit_a to_o enjoin_v we_o only_o to_o ship_n sail_v with_o a_o enlish_a master_n and_o three_o fourth_n english_a mariner_n the_o dane_n and_o easterlin_n be_v by_o this_o mean_v put_v out_o of_o so_o great_a a_o employment_n for_o their_o ship_n we_o shall_v buy_v ship_n proper_a for_o this_o trade_n on_o easy_a term_n of_o they_o perhaps_o for_o half_a their_o cost_n which_o under_o value_n in_o purchase_n will_v be_v a_o present_a clear_a profit_n to_o england_n object_n 2._o if_o this_o be_v do_v in_o england_n may_v not_o other_o prince_n account_v it_o hard_a and_o unreasonable_a and_o consequent_o retaliate_v the_o like_a upon_o we_o to_o answer_v this_o objection_n its_o necesary_a to_o inquire_v what_o kingdom_n and_o country_n will_v be_v concern_v in_o this_o law_n 1_o st_o then_o italy_n spain_n and_o portugal_n will_v be_v whole_o unconcern_v 2_o dly_z so_o will_v france_n who_o if_o they_o be_v concern_v can_v take_v no_o offence_n while_o they_o lie_v a_o imposition_n of_o 50_o or_o 60_o per_fw-la cent_z upon_o our_o drapery_n 3_o dly_z the_o dutch_a and_o hamburger_n will_v not_o by_o such_o additional_a law_n be_v more_o exclude_v then_o now_o they_o be_v and_o the_o latter_a will_v have_v a_o advantage_n by_o it_o in_o case_n the_o dane_n shall_v as_o it_o may_v be_v suppose_v they_o will_v lay_v a_o tax_n upon_o our_o ship_n there_o for_o the_o consequence_n thereof_o will_v be_v that_o much_o of_o those_o kind_n of_o commodity_n we_o shall_v fetch_v from_o hambrough_n where_o they_o be_v plentiful_o to_o be_v have_v though_o at_o a_o little_o dear_a rate_n and_o yet_o not_o so_o dear_a but_o that_o the_o dutch_a fetch_v yearly_o thence_o 350_o
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 âase_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
account_n or_o account_n of_o merchant_n freight_n of_o ship_n or_o good_n bill_n or_o bill_n of_o exchange_n or_o bill_n of_o bottomry_n or_o bumery_n or_o for_o work_n do_v upon_o or_o material_n deliver_v to_o the_o use_n of_o any_o ship_n or_o money_n due_a for_o sale_n of_o good_n or_o any_o other_o thing_n relate_v to_o trade_n or_o ship_n 3._o that_o any_o three_o or_o more_o of_o they_o as_o the_o judge_n late_o do_v at_o clifford_n inn_n may_v proceed_v sumary_o to_o the_o hear_n and_o determine_v of_o any_o such_o difference_n and_o that_o their_o sentence_n shall_v be_v final_a from_o which_o there_o shall_v be_v no_o appeal_n or_o review_n otherwise_o then_o as_o be_v hereafter_o mention_v nor_o any_o writ_n of_o error_n lie_v for_o the_o removal_n or_o reversal_a of_o the_o same_o 4._o that_o they_o or_o any_o three_o of_o they_o may_v so_o issue_v out_o summon_v for_o convening_n all_o person_n before_o they_o aâ_n the_o judge_n do_v etc._n etc._n 5._o that_o they_o be_v a_o court_n of_o record_n ãâã_d the_o judge_n be_v etc._n etc._n 6._o that_o they_o take_v nothing_o for_o their_o own_o pain_n direct_o or_o indirect_o but_o six_o peâce_n each_o for_o sign_v every_o final_a order_n in_o every_o cause_n whereof_o the_o value_n of_o the_o money_n to_o be_v pay_v do_v not_o exceed_v 10_o l._n and_o 12_o d._n for_o all_o cause_n not_o exceed_v 100_o l._n and_o only_o 2_o '_o s._n each_o for_o all_o cause_n exceed_v the_o value_n of_o 100_o l._n the_o say_v fee_n to_o be_v due_a and_o payable_a only_o to_o such_o and_o so_o many_o of_o the_o say_a judiciary_n merchant_n as_o hear_v the_o say_a cause_n and_o cause_n and_o sign_v the_o judgement_n or_o final_a decree_n in_o they_o 7._o that_o for_o reward_n to_o officer_n the_o judiciary_n merchant_n do_v constitute_v a_o table_n of_o reasonable_a fee_n to_o be_v confirm_v by_o the_o two_o lord_n cheif-justice_n and_o lord_n chief_a baron_n of_o the_o exchequer_n 8._o that_o in_o any_o case_n determine_v by_o a_o less_o number_n than_o seven_o of_o the_o say_a judiciary_n merchant_n there_o may_v be_v a_o appeal_n to_o seven_o or_o more_o as_o be_v late_o practise_v in_o the_o aforementioned_a judicature_n 9_o that_o they_o may_v have_v power_n to_o levy_v execution_n upon_o estate_n real_a or_o personal_a with_o such_o restriction_n as_o the_o parliament_n shall_v please_v to_o appoint_v 10._o that_o the_o extent_n of_o the_o jurisdiction_n of_o the_o say_a court_n shall_v be_v to_o all_o place_n within_o ten_o mile_n of_o london_n or_o only_o to_o the_o late_a line_n of_o communication_n as_o the_o parliament_n shall_v think_v fit_a 11._o that_o the_o say_a judiciary_n merchant_n and_o their_o officer_n before_o they_o exercise_v their_o authority_n take_v such_o oath_n as_o the_o parliament_n shall_v please_v to_o appoint_v 12._o that_o if_o any_o of_o the_o judiciary_n merchant_n be_v prosecute_v for_o exercise_v any_o of_o the_o power_n that_o shall_v be_v commit_v to_o they_o they_o may_v plead_v the_o general_a issue_n and_o give_v the_o act_n in_o evidence_n for_o their_o defence_n 13._o that_o no_o writ_n or_o writ_n of_o superâedeas_fw-la certiorary_a or_o injunction_n out_o of_o any_o of_o his_o majesty_n court_n shall_v supercee_v or_o stay_v execution_n etc._n etc._n 14._o the_o act_n to_o continue_v probationary_o so_o long_o as_o the_o parliament_n shall_v think_v fit_a 15._o that_o the_o twelve_o judiciary_n merchant_n shall_v be_v choose_v yearly_o by_o all_o the_o freeman_n that_o be_v livery-man_n of_o london_n in_o the_o guild-hall_n of_o the_o say_a city_n or_o by_o so_o many_o of_o they_o as_o shall_v be_v present_a at_o such_o election_n upon_o every_o monday_n yearly_o next_o before_o the_o feast_n day_n of_o st_n michael_n or_o as_o the_o parliament_n shall_v appoint_v in_o manner_n follow_v every_o livery-man_n then_o present_a to_o deliver_v unto_o any_o two_o such_o alderman_n and_o four_o commoner_n as_o the_o lord_n mayor_n and_o court_n of_o alderman_n for_o the_o time_n be_v shall_v appoint_v to_o take_v the_o view_n or_o scrutiny_n of_o election_n a_o paper_n contain_v the_o name_n of_o such_o twelve_o person_n as_o he_o think_v best_a to_o be_v elect_v for_o the_o purpose_n afore_o say_v set_v his_o the_o say_a elector_n own_o name_n on_o the_o backside_n of_o the_o say_a paper_n and_o the_o next_o monday_n after_o in_o the_o say_a guild-hall_n the_o say_v two_o alderman_n and_o four_o commoner_n or_o so_o many_o of_o they_o as_o shall_v have_v take_v the_o scrutiney_a shall_v public_o declare_v unto_o the_o lord_n mayor_n aldermen_z and_z commoners_z then_o present_a who_o be_v the_o twelve_o person_n choose_v by_o the_o majority_n of_o vote_n and_o how_o many_o vote_n each_o of_o they_o have_v 16._o if_o it_o happen_v that_o any_o of_o the_o judiciary_n merchant_n die_v before_o the_o end_n of_o the_o year_n or_o refuse_v to_o undertake_v the_o trust_n it_o be_v lawful_a for_o the_o livery-man_n to_o choose_v another_o or_o other_o toties_fw-la quoties_fw-la and_o the_o lord_n mayor_n be_v enjoin_v to_o summon_v common-hall_n to_o that_o purpose_n 17._o that_o every_o year_n six_o of_o the_o old_a judiciary_n merchant_n go_v off_o in_o course_n and_o be_v uncapable_a of_o be_v re-elected_n and_o six_o new_a one_o choose_v in_o their_o stead_n viz._n all_o the_o twelve_o to_o be_v re-chosen_a but_o only_o six_o of_o the_o old_a one_o that_o have_v the_o most_o voice_n to_o hold_v next_o year_n although_o more_o of_o they_o shall_v happen_v to_o be_v elect_v for_o the_o next_o year_n object_n 1._o the_o many_o objection_n that_o i_o can_v foresee_v will_v be_v make_v against_o this_o constitution_n be_v that_o it_o thwart_v that_o most_o excellent_a order_n of_o our_o english_a jury_n answ._n 1._o i_o answer_v that_o i_o hope_v there_o be_v no_o english_a man_n more_o in_o love_n with_o jury_n than_o myself_o but_o it_o be_v evident_a that_o the_o common_a way_n of_o trial_n do_v not_o well_o reach_v the_o variety_n and_o strangeness_n of_o merchant_n case_n especial_o in_o relation_n to_o foreign_a affair_n answ._n 2._o what_o better_a jury_n can_v a_o merchant_n hope_v for_o than_o twelve_o able_a and_o honest_a merchant_n choose_v by_o the_o collective_a body_n of_o the_o whole_a city_n and_o such_o as_o shall_v all_o of_o they_o stand_v upon_o their_o good_a behaviour_n to_o be_v turn_v out_o with_o ignominy_n the_o next_o year_n if_o they_o do_v not_o equal_a right_n to_o all_o man_n object_n 2._o the_o admit_v of_o no_o appeal_v from_o a_o court-merchant_n seem_v too_o arbitrary_a i_o answer_v while_o we_o choose_v our_o judge_n ourselves_o for_o merchant_n case_n and_o may_v remove_v they_o ourselves_o in_o my_o opinion_n they_o can_v be_v no_o more_o too_o arbitrary_a than_o too_o much_o power_n can_v be_v give_v to_o referee_n when_o both_o party_n desire_v a_o end_n of_o their_o difference_n beside_o if_o their_o power_n be_v not_o great_a the_o many_o design_n of_o cheap_a speedy_a and_o short_a issue_n will_v be_v lose_v but_o if_o it_o shall_v please_v the_o parliament_n there_o may_v be_v in_o the_o act_n a_o appeal_n reserve_v to_o the_o house_n of_o lord_n the_o money_n condemn_v to_o be_v first_o pay_v or_o deposit_v before_o the_o appeal_n be_v allow_v chap._n vii_o concern_v naturalisation_n that_o a_o act_n of_o naturalisation_n of_o stranger_n will_v tend_v to_o the_o advancement_n of_o trade_n and_o increase_v of_o the_o value_n of_o the_o land_n of_o this_o kingdom_n be_v now_o so_o general_o own_v and_o assent_v to_o by_o all_o degree_n of_o man_n among_o we_o that_o i_o doubt_v not_o but_o a_o short_a time_n will_v produce_v some_o act_n or_o act_n of_o parliament_n to_o that_o purpose_n i_o have_v therefore_o think_v it_o not_o impertinent_a to_o note_v some_o few_o particular_n which_o if_o not_o wary_o prevent_v may_v deprive_v we_o of_o the_o great_a part_n of_o the_o fruit_n hope_v for_o by_o so_o good_a a_o design_n viz._n one_a the_o privilege_n of_o encorporated_a city_n and_o to_n two_o more_o especial_o the_o society_n of_o artificer_n and_o tradesman_n belong_v to_o some_o city_n and_o town_n corporate_a such_o as_o weaver_n cooper_n and_o many_o other_o who_o by_o virtue_n of_o their_o charter_n pretend_v to_o privilege_n and_o jurisdiction_n not_o only_o to_o the_o utmost_a extent_n of_o the_o liberty_n of_o their_o respective_a city_n and_o town_n but_o to_o the_o distance_n of_o ten_o mile_n about_o they_o 3._o that_o branch_n of_o the_o statute_n of_o 5_o the_o of_o elizabeth_n which_o enact_v that_o none_o shall_v use_v any_o manual_a occupation_n that_o have_v not_o serve_v a_o apprenticeship_n thereunto_o upon_o which_o statute_n it_o have_v be_v usual_a to_o indict_v stranger_n workman_n that_o have_v exercise_v their_o calling_n
order_n to_o the_o building_n and_o supply_v our_o ship_n that_o without_o they_o other_o trade_n can_v not_o be_v carry_v on_o it_o will_v not_o be_v deny_v by_o the_o honourable_a east-india_n company_n but_o they_o import_v much_o more_o good_n into_o england_n than_o they_o export_v &_o that_o to_o purchase_v the_o same_o they_o carry_v out_o quantity_n of_o gold_n &_o silver_n annual_o yet_o no_o man_n that_o understand_v any_o thing_n of_o the_o trade_n of_o the_o world_n will_v affirm_v that_o england_n lose_v by_o that_o trade_n the_o dutch_a with_o good_a reason_n esteem_v the_o trade_n of_o the_o east-indies_n more_o profitable_a to_o they_o than_o be_v the_o mine_n of_o gold_n and_o silver_n in_o america_n to_o the_o king_n of_o spain_n and_o if_o the_o english_a company_n be_v vest_v by_o act_n of_o parliament_n with_o so_o much_o authority_n as_o the_o dutch_a have_v and_o thereby_o encourage_v to_o drive_v as_o full_a a_o trade_n thither_o as_o the_o dutch_a do_v i_o doubt_v not_o but_o it_o will_v be_v so_o not_o so_o much_o to_o the_o private_a gain_n of_o the_o member_n of_o that_o company_n as_o the_o public_a profit_n of_o this_o kingdom_n in_o general_a however_o as_o it_o be_v it_o will_v not_o be_v difficult_a to_o prove_v that_o it_o be_v the_o most_o beneficial_a trade_n this_o nation_n drive_v at_o present_a for_o 1_o st_o that_o trade_n constant_o employ_v twenty_o five_o to_o thirty_o sail_n of_o the_o most_o warlike_a ship_n in_o england_n with_o sixty_o to_o a_o hundred_o man_n in_o each_o ship_n and_o may_v in_o two_o or_o three_o year_n more_o employ_v a_o great_a number_n and_o in_o order_n to_o the_o carry_v on_o that_o trade_n that_o company_n have_v late_o unconstrained_a give_v considerable_a encouragement_n for_o the_o build_n of_o great_a ship_n which_o have_v have_v good_a effect_n 2_o dly_z it_o supply_v the_o nation_n constant_o and_o full_o with_o that_o in_o this_o age_n necessary_a material_a of_o salt-petre_n 3_o dly_z it_o employ_v the_o nation_n for_o its_o consumption_n with_o pepper_n indigo_n calico_n and_o several_a useful_a drug_n near_o the_o value_n of_o 150000_o l._n to_o 180000_o l._n per_fw-la annum_fw-la 4_o thly_a it_o furnish_v we_o with_o pepper_n cowrye_n long-cloth_n and_o other_o calico_n and_o paint_a stuff_n proper_a for_o the_o trade_n of_o turkey_n italy_n spain_n france_n and_o guiny_n to_o the_o amount_v of_o 2_o or_o 300000_o l._n per_fw-la annum_fw-la most_o of_o which_o trade_n we_o can_v not_o carry_v on_o with_o any_o considerable_a advantage_n but_o for_o those_o supply_n and_o these_o good_n export_v do_v produce_v in_o foreign_a part_n to_o be_v return_v to_o england_n six_o time_n the_o treasure_n in_o specie_fw-la that_o the_o company_n export_v from_o hence_o now_o if_o not_o only_o the_o aforesaid_a advantage_n be_v serious_o consider_v but_o also_o what_o detriment_n the_o nation_n will_v sustain_v if_o we_o be_v deprive_v of_o those_o supply_n both_o in_o point_n of_o strength_n and_o warlike_a provision_n in_o regard_n of_o ship_n and_o salt-petre_n but_o also_o in_o respect_n of_o the_o furtherance_n it_o give_v to_o many_o other_o trade_n beforementioned_a it_o will_v easy_o appear_v that_o this_o trade_n though_o its_o import_v exceed_v its_o export_n be_v the_o most_o advantageous_a trade_n to_o england_n and_o deserve_v all_o encouragement_n for_o be_v we_o to_o buy_v all_o our_o pepper_n and_o calico_n etc._n etc._n of_o the_o dutch_a they_o will_v raise_v our_o pepper_n which_o now_o stand_v the_o nation_n but_o about_o 3_o d._n per_fw-la pound_n in_o india_n to_o or_o near_o the_o proportion_n which_o they_o have_v advance_v on_o nutmeg_n clove_n and_o mace_n which_o cost_v the_o dutch_a not_o much_o more_o per_fw-mi pound_n in_o india_n than_o pepper_n since_o they_o engross_v the_o trade_n for_o those_o commodity_n and_o the_o use_n of_o callico_n in_o england_n will_v be_v supply_v by_o foreign_a linen_n at_o great_a price_n so_o that_o what_o may_v be_v secure_v from_o this_o nation_n be_v consumption_n will_v in_o probability_n cost_v they_o above_o 400000_o l._n per_fw-la annum_fw-la more_o than_o now_o it_o do_v and_o our_o foreign_a trade_n for_o italy_n guiny_n etc._n etc._n will_v in_o part_n decay_n for_o want_n of_o the_o aforesaid_a supply_n there_o be_v another_o notion_n concern_v the_o balance_n of_o trade_n which_o i_o think_v not_o impertinent_a here_o to_o take_v notice_n of_o viz._n some_o be_v of_o opinion_n that_o the_o way_n to_o know_v whether_o the_o nation_n get_v or_o lose_v in_o the_o general_a by_o its_o foregoing_a trade_n be_v to_o take_v a_o inspection_n into_o the_o course_n of_o the_o exchange_n be_v general_o above_o the_o intrinsic_a value_n or_o par_fw-fr of_o the_o coin_n of_o foreign_a country_n we_o not_o only_o lose_v by_o such_o exchange_n but_o the_o same_o be_v a_o demonstration_n that_o we_o lose_v by_o the_o general_a course_n of_o our_o foreign_a trade_n and_o that_o we_o require_v more_o supply_n of_o commodity_n from_o abroad_o than_o our_o export_n in_o good_n do_v serve_v to_o purchase_v and_o certain_a it_o be_v that_o when_o once_o the_o exchange_n come_v to_o be_v 5_o or_o 6_o per_fw-mi cent_z above_o the_o true_a value_n of_o foreign_a money_n our_o treasure_n will_v be_v carry_v out_o whatever_o law_n shall_v be_v make_v to_o prevent_v it_o and_o on_o the_o contrary_a when_o the_o exchange_n be_v general_o below_o the_o true_a value_n of_o the_o foreign_a coin_n it_o be_v a_o evidence_n that_o our_o export_n do_v in_o value_n exceed_v what_o we_o require_v from_o abroad_o and_o so_o if_o the_o exchange_n come_v to_o be_v 5_o or_o 6_o per_fw-mi cent_z below_o the_o true_a value_n of_o the_o foreign_a coin_n return_n will_v be_v make_v for_o england_n in_o the_o coin_n of_o foreign_a country_n now_o that_o there_o be_v also_o a_o great_a deal_n of_o truth_n in_o this_o notion_n be_v not_o to_o be_v deny_v and_o that_o the_o diligent_a observance_n and_o consideration_n of_o the_o course_n of_o the_o exchange_n may_v be_v of_o use_n and_o very_o necessary_a in_o many_o respect_n and_o be_v a_o very_a ingenivous_a study_n for_o any_o that_o will_v dive_v into_o the_o mystery_n of_o trade_n yet_o because_o this_o be_v likewise_o subject_a to_o vary_v on_o many_o accident_n of_o emergency_n of_o state_n and_o war_n etc._n etc._n &_o because_o there_o be_v no_o settle_a course_n of_o exchange_n but_o to_o and_o from_o france_n holland_n flanders_n hambrough_n venice_n legorn_v &_o genoa_n and_o that_o there_o be_v many_o other_o great_a and_o eminent_a trade_n beside_o what_o be_v drive_v to_o those_o country_n this_o can_v afford_v a_o true_a and_o satisfactory_a solution_n to_o the_o present_a question_n thus_o have_v demonstrate_v that_o these_o notion_n touch_v the_o balance_n of_o trade_n though_o they_o be_v in_o their_o kind_n useful_a notion_n be_v in_o some_o case_n fallible_a and_o uncertain_a if_o any_o shall_v ask_v how_o shall_v we_o then_o come_v to_o be_v resolve_v of_o the_o matter_n in_o question_n i_o answer_v first_o the_o best_a and_o most_o certain_a discovery_n to_o my_o apprehension_n be_v to_o be_v make_v fâom_o the_o increase_n or_o diminution_n of_o our_o ârade_n and_o ship_n in_o general_a for_o if_o our_o trade_n and_o ship_n diminish_v whatever_o profit_n particular_a man_n may_v make_v the_o nation_n undoubted_o lose_v and_o on_o the_o contrary_a if_o our_o trade_n and_o ship_n increase_v how_o small_a or_o low_o soever_o the_o profit_n be_v to_o private_a man_n it_o be_v a_o infallible_a indication_n that_o the_o nation_n in_o general_n thrive_v for_o i_o dare_v affirm_v and_o that_o catagorical_o in_o all_o part_n of_o the_o whole_a world_n wherever_o trade_n be_v great_a and_o continue_v so_o and_o grow_v daily_o more_o great_a and_o increase_v in_o ship_n and_o that_o for_o a_o succession_n not_o of_o a_o few_o year_n but_o of_o age_n that_o trade_n must_v be_v national_o profitable_a as_o a_o town_n where_o only_o a_o fair_a be_v keep_v if_o every_o year_n the_o number_n of_o people_n and_o commodity_n do_v augment_v that_o town_n however_o the_o market_n be_v will_v gain_v whereas_o if_o there_o come_v still_o few_o and_o few_o peâple_n and_o commodity_n that_o place_n will_v decline_v and_o decay_v discourse_v once_o with_o a_o noble_a lord_n concern_v this_o measure_n or_o method_n of_o know_v the_o balance_n of_o our_o trade_n or_o more_o plain_o our_o general_a national_a gain_v or_o loss_n by_o trade_n his_o lordship_n be_v please_v to_o oppose_v by_o ask_v two_o very_o proper_a question_n viz._n quest._n 1._o be_v there_o not_o a_o great_a similitude_n between_o the_o affair_n of_o a_o private_a person_n and_o of_o a_o nation_n the_o former_a be_v but_o a_o little_a family_n and_o the_o latter_a a_o great_a family_n i_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 thâs_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
above_o one_o thousand_o pound_n sometime_o not_o two_o hundred_o to_o begin_v the_o world_n with_o instead_o i_o say_v of_o such_o young_a man_n and_o small_a stock_n if_o this_o law_n pass_v we_o shall_v bring_v forth_o out_o sampson_n and_o goliahs_n in_o stock_n subtlety_n and_o experience_n in_o trade_n to_o cope_v with_o our_o potent_a adversary_n on_o the_o other_o side_n there_o be_v to_o every_o man_n knowledge_n that_o understand_v the_o exchange_n of_o london_n divers_a english_a merchant_n of_o large_a estate_n which_o have_v not_o much_o past_a their_o middle-age_n and_o yet_o have_v whole_o leave_v off_o their_o trade_n have_v find_v the_o sweetness_n of_o interest_n which_o if_o that_o shall_v abate_v must_v again_o set_v their_o hand_n to_o the_o plough_n which_o they_o be_v as_o able_a to_o hold_v and_o govern_v now_o as_o ever_o and_o also_o will_v engage_v they_o to_o train_v up_o their_o son_n in_o the_o same_o way_n because_o it_o will_v not_o be_v so_o easy_a to_o make_v they_o country-gentleman_n as_o now_o it_o be_v when_o land_n sell_v at_o thirty_o or_o forty_o year_n purchase_n for_o the_o sufferer_n by_o such_o a_o law_n i_o know_v none_o but_o idle_a person_n that_o live_v at_o as_o little_a expense_n as_o labour_n neither_o scatter_v by_o their_o expense_n so_o as_o the_o poor_a may_v glean_v any_o thing_n after_o they_o nor_o work_v with_o their_o hand_n or_o head_n to_o bring_v either_o wax_n or_o honey_n to_o the_o common_a hive_n of_o the_o kingdom_n but_o swell_v their_o own_o purse_n by_o the_o sweat_n of_o other_o man_n brow_n and_o the_o contrivance_n of_o other_o man_n brain_n and_o how_o unprofitable_a it_o be_v for_o any_o nation_n to_o suffer_v idleness_n to_o suck_v the_o breast_n of_o industry_n needs_o no_o demonstration_n and_o if_o it_o be_v grant_v i_o that_o these_o will_v be_v the_o effect_n of_o a_o abatement_n of_o interest_n than_o i_o think_v it_o be_v out_o of_o doubt_n that_o the_o abatement_n of_o interest_n do_v tend_v to_o the_o enrich_v of_o a_o nation_n and_o consequent_o have_v be_v one_o great_a cause_n of_o the_o riches_n of_o the_o dutch_a and_o italian_n and_o the_o increase_n of_o the_o riches_n of_o our_o own_o kingdom_n in_o these_o last_o fifty_o year_n another_o argument_n to_o prove_v which_o we_o may_v draw_v from_o the_o nature_n of_o interest_n itself_o which_o be_v of_o so_o prodigious_a a_o multiply_v nature_n that_o it_o must_v of_o necessity_n make_v the_o lender_n monstrous_a rich_a if_o they_o live_v at_o any_o moderate_a expense_n and_o the_o borrower_n extreme_a poor_a a_o memorial_n instance_n whereof_o we_o have_v in_o old_a audley_n decease_v who_o do_v wise_o observe_v that_o one_o hundred_o pound_n only_o put_v out_o at_o interest_n at_o ten_o per_fw-la cent_n do_v in_o seventy_o year_n which_o be_v but_o the_o age_n of_o a_o man_n increase_v to_o above_o one_o hundred_o thousand_o pound_n and_o if_o the_o advantage_n be_v so_o great_a to_o the_o lender_n the_o loss_n must_v be_v great_a to_o the_o borrower_n who_o as_o have_v be_v say_v live_v at_o a_o much_o large_a expense_n and_o as_o it_o be_v between_o private_a person_n so_o between_o nation_n and_o nation_n that_o have_v communication_n one_o with_o another_o for_o whether_o the_o subject_n of_o one_o nation_n lend_v money_n to_o subject_n of_o another_o or_o trade_n with_o they_o for_o good_n the_o effect_n be_v the_o same_o as_o for_o example_n a_o dutch_a merchant_n that_o have_v but_o four_o or_o five_o thousand_o pound_n clear_a stock_n of_o his_o own_o can_v easy_o borrow_v and_o have_v credit_n for_o fifteen_o thousand_o pound_n more_o at_o three_o per_fw-la cent_n at_o home_n with_o which_o whether_o he_o trade_n or_o put_v it_o to_o use_v in_o england_n or_o any_o country_n where_o interest_n of_o money_n be_v high_a he_o must_v necessary_o without_o very_o evil_a accident_n attend_v he_o in_o a_o very_a few_o year_n treble_a his_o own_o capital_a this_o discover_v the_o true_a cause_n why_o the_o sugar-baker_n of_o holland_n can_v afford_v to_o give_v a_o great_a price_n for_o barbadoes_n sugar_n in_o london_n beside_o the_o second_o freight_n and_o charges_n upon_o they_o between_o england_n and_o holland_n and_o yet_o grow_v exceed_o rich_a upon_o their_o trade_n whereas_o our_o sugar-baker_n in_o london_n that_o buy_v sugar_n here_o at_o their_o own_o door_n before_o such_o additional_a freight_n and_o charges_n come_v upon_o they_o can_v scarce_o live_v upon_o their_o calling_n ouâs_v here_o pay_v for_o a_o good_a share_n of_o their_o stock_n six_o per_fw-la cent_n and_o few_o of_o they_o employ_v in_o their_o sugar-work_n above_o six_o to_o ten_o thousand_o pound_n at_o most_o whereas_o in_o holland_n they_o employ_v twenty_o thirty_o to_o forty_o thousand_o pound_n stock_n in_o a_o sugar-house_n pay_v but_o three_o per_fw-la cent_n at_o most_o for_o what_o they_o take_v up_o at_o interest_n to_o fill_v up_o their_o say_a stock_n which_o be_v sometime_o half_a sometime_o three_o quarter_n of_o their_o whole_a stock_n and_o as_o it_o be_v with_o this_o trade_n the_o same_o rule_n hold_v throughout_o all_o other_o trade_n whatsoever_o and_o for_o we_o to_o say_v if_o the_o dutch_a put_v their_o money_n to_o interest_n among_o we_o we_o shall_v have_v the_o advantage_n by_o be_v full_a and_o flush_o of_o coin_n at_o home_n it_o be_v a_o mear_v chimaera_n and_o so_o far_o from_o a_o advantage_n that_o it_o be_v a_o extreme_a loss_n render_v we_o only_o in_o the_o condition_n of_o a_o young_a gallant_a that_o have_v new_o mortgage_v his_o land_n and_o with_o the_o money_n thereby_o raise_v stuff_v his_o pocket_n and_o look_v big_a for_o a_o time_n not_o consider_v that_o the_o draught_n of_o cordial_n he_o have_v receive_v though_o it_o be_v at_o present_a grateful_a to_o his_o palate_n do_v indeed_o prey_n upon_o his_o vital_a spirit_n and_o will_v in_o a_o short_a time_n render_v the_o whole_a body_n of_o his_o estate_n 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as_o they_o possess_v can_v upon_o all_o occasion_n set_v forth_o such_o vast_a and_o numerous_a army_n almost_o incredible_a as_o all_o history_n sacred_a and_o profane_a report_v they_o do_v which_o be_v neither_o impossible_a nor_o strange_a to_o any_o that_o have_v well_o consider_v the_o effect_n of_o their_o law_n concrn_v usury_n which_o be_v sufficient_a to_o make_v any_o barren_a land_n fruitful_a and_o a_o fruitful_a land_n a_o entire_a garden_n which_o by_o consequence_n will_v maintain_v ten_o time_n the_o number_n of_o inhabitant_n that_o the_o same_o tract_n of_o land_n will_v do_v where_o no_o such_o law_n be_v to_o conclude_v it_o be_v i_o think_v agree_v on_o by_o all_o that_o merchant_n artificer_n farmer_n of_o land_n and_o such_o as_o depend_v on_o they_o which_o for_o brevity-sake_n we_o may_v here_o include_v under_o one_o of_o these_o general_a term_n viz._n seaman_n fisherman_n breeder_n of_o cattle_n gardener_n etc._n etc._n be_v the_o three_o sort_n of_o 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