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 in_o a_o deep_a consumption_n if_o not_o whole_o consume_v beside_o whatever_o money_n the_o dutch_a lend_v we_o they_o always_o keep_v one_o end_n of_o the_o chain_n at_o home_n in_o their_o own_o hand_n by_o which_o they_o can_v pull_v back_o when_o they_o please_v their_o lean_a kine_n which_o they_o send_v hither_o to_o be_v fat_v this_o make_v i_o conclude_v that_o moses_n that_o wise_a legislator_n in_o his_o forbid_v the_o jew_n to_o lend_v money_n at_o use_n one_o to_o another_o and_o permit_v they_o to_o lend_v their_o money_n to_o stranger_n ordain_v that_o law_n as_o much_o to_o a_o political_a as_o a_o religious_a intent_n know_v that_o by_o the_o latter_a they_o shall_v enrich_v their_o own_o nation_n and_o by_o the_o former_a no_o public_a good_n can_v ensue_v the_o consequence_n be_v only_o to_o impoverish_v one_o jew_n to_o make_v another_o rich._n this_o likewise_o take_v off_o the_o wonder_n how_o the_o people_n of_o israel_n out_o of_o so_o small_a a_o territory_n 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 people_n which_o by_o their_o study_n and_o labour_n do_v principal_o if_o not_o only_o bring_v in_o wealth_n to_o a_o nation_n from_o abroad_o other_o kind_n of_o people_n viz._n nobility_n gentry_n lawyer_n physician_n scholar_n of_o all_o sort_n and_o shopkeeper_n do_v only_a hand_n it_o from_o one_o to_o another_o at_o home_n and_o if_o abatement_n of_o interest_n beside_o the_o general_a benefit_n it_o bring_v to_o all_o except_o the_o gripe_a dronish_a usurer_n will_v add_v new_a life_n and_o motion_n to_o those_o most_o profitable_a engineâ—_n of_o the_o kingdom_n as_o i_o humble_o suppose_v will_v be_v manifest_a upon_o serious_a consideration_n of_o what_o have_v be_v say_v then_o i_o think_v it_o will_v be_v out_o of_o doubt_n that_o abatement_n of_o interest_n be_v the_o cause_n of_o increase_n of_o the_o trade_n and_o riches_n of_o any_o kingdom_n 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 truâ—h_n of_o they_o that_o have_v not_o some_o private_a interest_n of_o heir_n own_o against_o they_o external_a to_o the_o general_a good_a of_o the_o kingdom_n for_o sure_o i_o be_o they_o have_v a_o foundation_n in_o nature_n and_o that_o according_a to_o the_o excellent_a sir_n william_n petty_n observation_n in_o his_o late_a discourse_n concern_v tax_n res_fw-la nolunt_fw-la 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 aâ—d_v 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
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 buyer_n will_v raise_v the_o price_n of_o land_n if_o they_o trade_v they_o increase_v the_o number_n of_o trader_n and_o consequent_o the_o bulk_n of_o trade_n and_o let_v their_o money_n lie_v dead_a by_o they_o i_o think_v i_o have_v full_o prove_v they_o can_v in_o a_o addition_n publish_v to_o my_o first_o observation_n 4._o by_o reason_n for_o first_o whilst_o interest_n be_v at_o 6_o per_fw-mi cent_z no_o man_n will_v run_v a_o adventure_n to_o sea_n for_o the_o gain_n of_o 8_o or_o 9_o per_fw-mi cent_z which_o the_o dutch_a have_v money_n at_o 4_o or_o 3_o per_fw-la cent_z at_o interest_n be_v content_v with_o and_o therefore_o can_v and_o do_v follow_v a_o vast_a trade_n in_o salt_n from_o st_n vuall_a rochel_n and_o other_o part_n to_o the_o baltique_a sea_n and_o also_o their_o fish_n trade_n for_o herring_n and_o whale-fishing_a which_o we_o neglect_v as_o be_v not_o worth_a our_o trouble_n and_o hazard_n while_o we_o can_v make_v 6_o per_fw-mi cent_z of_o our_o money_n sleep_v for_o the_o measure_n of_o money_n employ_v in_o trade_n in_o any_o nation_n bear_v a_o exact_a proportion_n to_o thâ—_n interest_n pay_v for_o money_n as_o for_o instance_n when_o money_n be_v at_o 10_o per_fw-mi cent_z in_o england_n no_o man_n in_o his_o wit_n will_v follow_v any_o trade_n whereby_o he_o do_v not_o promise_v himself_o 14_o or_o 12_o per_fw-la cent_z gain_n at_o least_o when_o interest_n be_v at_o 8_o the_o hope_n of_o 12_o or_o 10_o at_o least_o be_v necessary_a as_o 8_o or_o 9_o per_fw-mi cent_z be_v now_o interest_n go_v at_o 6_o per_fw-mi cent_z the_o infallible_a consequence_n whereof_o be_v that_o the_o trade_n before_o recite_v as_o well_o as_o those_o of_o muscovy_n and_o greenland_n and_o so_o much_o at_o least_o of_o all_o other_o that_o will_v not_o afford_v we_o a_o clear_a profit_n of_o 8_o or_o 9_o per_fw-mi cent_z we_o careless_o give_v away_o to_o the_o dutch_a and_o must_v do_v so_o forever_o unless_o we_o bring_v our_o interest_n near_o to_o a_o par_fw-fr with_o they_o and_o hence_o in_o my_o poor_a opinion_n it_o follow_v very_o clear_o that_o if_o our_o interest_n be_v abate_v one_o three_o part_n it_o will_v occasion_v the_o employment_n of_o one_o three_o part_n more_o of_o man_n shp_v and_o stock_n in_o foreign_a and_o domestic_a trade_n this_o discover_v the_o vanity_n of_o all_o our_o attempt_n for_o gain_v of_o the_o white-herring_n fishing-trade_n of_o which_o the_o dutch_a as_o every_o body_n observe_v make_v wonderful_a great_a advantage_n though_o the_o fish_n be_v take_v upon_o our_o own_o coast_n i_o wish_v as_o many_o do_v take_v notice_n of_o the_o reason_n of_o it_o which_o therefore_o i_o shall_v say_v something_o of_o now_o though_o i_o have_v touch_v it_o in_o my_o former_a treatise_n the_o plain_a case_n be_v this_o a_o dutchman_n will_v be_v content_a to_o employ_v a_o stock_n of_o 5_o or_o 10000_o l._n in_o burse_v material_n for_o fish_v victual_n etc._n etc._n for_o the_o carry_v on_o of_o this_o trade_n and_o if_o at_o the_o wind_a up_o of_o his_o account_n he_o find_v he_o have_v get_v clear_a communibus_fw-la annis_fw-la for_o his_o stock_n and_o adventure_n 5_o per_fw-mi cent_z per_fw-la annum_fw-la he_o thank_v god_n and_o tell_v his_o neighbour_n he_o have_v have_v a_o thrive_a trade_n now_o while_o every_o slothful_a ignorant_a man_n with_o we_o that_o have_v but_o wit_n enough_o to_o tell_v out_o his_o money_n to_o a_o gold_n smith_n can_v get_v 6_o per_fw-mi cent_z without_o pain_n or_o care_n be_v it_o not_o monstrous_a absurd_a to_o imagine_v that_o ever_o the_o english_a will_v do_v any_o good_a upon_o this_o trade_n till_o they_o begin_v at_o the_o right_a end_n which_o must_v be_v to_o reduce_v the_o interest_n of_o money_n second_o the_o deprave_a nature_n of_o man_n affect_v ease_n and_o pleasure_n while_o use_n of_o money_n run_v at_o 6_o per_fw-mi cent_z have_v always_o at_o hand_n a_o easy_a expedient_a to_o indulge_v that_o humour_n and_o reconcile_v it_o to_o another_o as_o considerable_a viz._n his_o covetousness_n by_o put_v his_o money_n to_o use_v and_o if_o a_o merchant_n through_o his_o youthful_a care_n and_o industry_n arrive_v to_o a_o estate_n of_o 20000_o l._n in_o twenty_o year_n trade_v whilst_o money_n be_v so_o high_a and_o land_n so_o low_a he_o can_v easy_o turn_v country_n gentleman_n or_o usurer_n which_o be_v interest_n of_o money_n at_o 4_o pâ—r_n cent_z he_o can_v not_o do_v and_o consequent_o must_v not_o only_o follow_v his_o trade_n himself_o but_o make_v his_o child_n trader_n also_o for_o to_o leave_v they_o money_n without_o skill_n to_o use_v it_o will_v advantage_v little_a and_o purchase_v of_o land_n less_o when_o the_o fall_n of_o interest_n shall_v raise_v they_o to_o twenty_o or_o thiâ—ty_o year_n purchase_v which_o i_o hope_v yet_o to_o live_v to_o see_v three_o from_o this_o necessity_n of_o merchant_n keep_v to_o their_o trade_n and_o child_n succeed_a their_o father_n therein_o will_v ensue_v to_o merchant_n great_a skill_n in_o trade_n more_o exact_a and_o certain_a correspondency_n sure_a &_o more_o trusty_a factor_n abroad_o &_o those_o better_o acquaint_v &_o concatinate_v together_o by_o the_o experimental_a link_n of_o each_o other_o humour_n style_n estate_n and_o business_n and_o whereas_o it_o be_v as_o much_o as_o a_o prudent_a man_n can_v do_v in_o ten_o year_n time_n after_o his_o settle_n in_o london_n to_o be_v exact_o well_o fit_v with_o factor_n in_o all_o part_n and_o those_o by_o correspondency_n bring_v into_o a_o mutual_a acquaintance_n of_o each_o other_o and_o honest_a workman_n
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 we_o 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 â—rade_n that_o there_o seem_v to_o be_v in_o mâ—ny_n of_o our_o statute_n yet_o in_o force_n such_o as_o these_o follow_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 timâ—s_a to_o refund_v money_n â—eceived_v of_o the_o bankrupt_a for_o ware_n just_o 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 buyer_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 bâ—r_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 aâ—dition_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 thâ—_n 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 be_v our_o law_n against_o exportation_n of_o bullion_n late_o repeal_v 5th_o such_o be_v the_o use_n of_o the_o law_n at_o present_a which_o take_v not_o only_o a_o custom_n but_o 15_o s._n per_fw-la tun_n excise_n on_o strong_a beer_n export_v be_v the_o same_o rate_v it_o pay_v when_o spend_v at_o home_n contrary_a to_o the_o practice_n of_o all_o trade_a country_n six_o such_o be_v our_o law_n which_o charge_v sea-coal_n or_o any_o of_o our_o native_a provision_n export_v with_o custom_n viz._n beef_n pork_n bread_n beer_n etc._n etc._n for_o which_o i_o think_v in_o prudence_n the_o door_n shall_v be_v open_v wide_a to_o let_v they_o out_o seven_o of_o the_o like_a nature_n be_v our_o law_n impose_v a_o great_a duty_n upon_o our_o horse_n mare_n and_o nag_n export_v 8._o such_o in_o my_o weak_a opinion_n be_v that_o branch_n of_o the_o statute_n of_o 5_o eliz._n that_o none_o shall_v use_v any_o manual_a occupation_n except_o he_o have_v be_v appretince_n to_o the_o same_o 9th_o such_o in_o my_o opinion_n be_v the_o law_n which_o yet_o prohibit_v the_o exportation_n of_o our_o own_o coin_n for_o since_o it_o be_v now_o by_o consent_n of_o parliament_n agree_v and_o find_v by_o experience_n of_o all_o understand_a man_n to_o be_v advantageous_a for_o this_o kingdom_n to_o permit_v the_o free_a exportation_n of_o bullion_n i_o think_v it_o be_v better_o for_o we_o that_o our_o own_o coin_n may_v likewise_o be_v free_o export_v because_o by_o what_o of_o that_o go_v out_o we_o shall_v gain_v the_o manufacture_n the_o coin_v beside_o the_o great_a honour_n and_o note_n of_o magnificency_n it_o will_v be_v to_o his_o majesty_n and_o this_o kingdom_n to_o have_v his_o majesty_n coin_n currant_n in_o all_o part_n of_o the_o universe_n 10th_o such_o be_v all_o by-law_n use_v among_o the_o society_n of_o cooper_n &_o other_o artificer_n limit_v master_n to_o keep_v but_o one_o apprentice_n at_o a_o time_n whereas_o it_o be_v better_o for_o the_o public_a they_o be_v permit_v to_o keep_v ten_o if_o they_o can_v or_o will_v maintain_v or_o employ_v they_o 11th_o such_o seem_v to_o be_v many_o of_o our_o law_n relate_v to_o the_o poor_a especial_o those_o against_o inmate_n in_o city_n &_o trade_a town_n and_o those_o oblige_a parish_n to_o maintain_v their_o own_o poor_a only_o page_n 23._o and_o 24._o the_o gentleman_n make_v a_o large_a repetition_n of_o what_o he_o have_v say_v before_o wherein_o i_o observe_v nothing_o new_a but_o that_o he_o say_v the_o east-india-company_n have_v money_n at_o 4._o per_fw-la cent_n only_o because_o man_n may_v have_v their_o money_n out_o when_o they_o please_v which_o be_v a_o mistake_n though_o a_o small_a one_o for_o the_o company_n seldom_o or_o never_o take_v up_o money_n but_o for_o a_o certain_a time_n though_o i_o doubt_v not_o but_o that_o generous_a company_n will_v and_o do_v at_o most_o time_n accommodate_v any_o person_n with_o his_o money_n before_o due_a that_o have_v occasion_n to_o require_v such_o a_o kindness_n of_o they_o although_o they_o oblige_v not_o themselves_o to_o do_v it_o in_o this_o ten_o particular_a at_o the_o latter_a end_n of_o page_n 24._o he_o say_v i_o be_o mistake_v in_o my_o assertion_n of_o the_o interest_n of_o scotland_n which_o upon_o further_a enquiry_n among_o the_o scotch_a merchant_n upon_o the_o exchange_n i_o be_o tell_v be_v his_o own_o mistake_n so_o i_o must_v leave_v that_o be_v matter_n of_o fact_n to_o those_o that_o know_v that_o country_n and_o its_o law_n more_o and_o better_a then_o either_o of_o we_o last_o he_o conclude_v that_o whilst_o i_o say_v the_o matter_n in_o england_n be_v so_o natural_o prepare_v for_o a_o abatement_n of_o interest_n that_o it_o can_v be_v long_o obstruct_v i_o propound_v a_o law_n to_o anticipate_v nature_n which_o be_v against_o reason_n i_o answer_v it_o be_v the_o wisdom_n of_o our_o grandfather_n to_o bring_v it_o to_o what_o it_o will_v bear_v in_o their_o time_n and_o our_o father_n find_v the_o good_a effect_n of_o that_o and_o bring_v it_o low_o and_o the_o benefit_n thereof_o be_v since_o manifest_v to_o we_o by_o the_o success_n and_o therefore_o see_v the_o matter_n will_v now_o bear_v further_a abatement_n it_o be_v reasonable_a for_o we_o to_o follow_v that_o excellent_a example_n of_o our_o ancestor_n law_n against_o nature_n i_o grant_v will_v be_v ineffectual_a but_o i_o never_o hear_v before_o that_o law_n to_o help_v nature_n be_v against_o reason_n touch_v the_o gentleman_n personal_a reflection_n upon_o i_o i_o shall_v say_v little_a it_o appear_v sufficient_o by_o what_o i_o have_v write_v and_o his_o answer_n that_o i_o be_o a_o advocate_n for_o industry_n he_o for_o idleness_n it_o appear_v likewise_o to_o those_o that_o know_v i_o in_o london_n which_o be_v many_o that_o i_o be_o so_o far_o from_o design_v to_o engrose_v trade_n that_o i_o be_o hasten_v to_o convert_v what_o i_o can_v of_o my_o small_a estate_n that_o be_v personal_a into_o real_a suppose_v it_o to_o be_v my_o interest_n so_o to_o do_v before_o thâ—_n usâ—_n of_o money_n fall_v which_o i_o conclude_v can_v long_o suspend_v and_o that_o then_o land_n and_o house_n must_v rise_v and_o i_o doubt_v it_o will_v appear_v when_o this_o gentleman_n be_v as_o well_o know_v as_o i_o be_o that_o he_o be_v more_o a_o usurer_n than_o a_o owner_n of_o land_n or_o manager_n of_o trade_n at_o present_a my_o end_n have_v only_o be_v to_o serve_v my_o country_n which_o i_o can_v with_o a_o sincere_a heart_n declare_v in_o the_o presence_n of_o god_n and_o man_n and_o that_o nothing_o else_o can_v
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_o oâ—der_v 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 loâ—se_v a_o trade_n 3._o tâ—at_a 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 that_o we_o have_v decline_v more_o at_o least_o have_v encreasedless_a in_o those_o trade_n limit_v to_o company_n then_o in_o other_o where_o all_o his_o majesty_n subject_n have_v have_v equal_a freedom_n to_o trade_n the_o common_a objection_n against_o this_o easy_a admission_n of_o all_o his_o majesty_n subject_n into_o company_n of_o merchant_n be_v object_n 1._o if_o all_o person_n may_v come_v into_o any_o company_n of_o merchant_n on_o such_o easy_a term_n then_o young_a gentleman_n shopkeeper_n and_o divers_a other_o will_v turn_v merchant_n who_o through_o their_o own_o unskilfulness_n will_v pay_v dear_a for_o our_o native_a commodity_n here_o and_o sell_v they_o cheap_a abroad_o and_o also_o buy_v foreign_a commodity_n dear_a abroad_o and_o sell_v they_o here_o for_o less_o than_o their_o cost_n to_o the_o ruin_n of_o themselves_o and_o destruction_n of_o trade_n i_o answer_v first_o caveat_n emptor_n let_v particular_a man_n look_v to_o themselves_o and_o so_o doubtless_o they_o will_v in_o those_o trade_n for_o which_o there_o be_v now_o company_n as_o well_o as_o they_o do_v in_o other_o for_o which_o there_o be_v no_o company_n it_o be_v the_o care_n of_o lawmaker_n first_o and_o principal_o to_o provide_v for_o the_o people_n in_o gross_a not_o particular_n and_o if_o the_o consequence_n of_o so_o easy_a a_o admission_n shall_v be_v to_o make_v our_o manufacture_n cheap_a abroad_o and_o foreign_a commodity_n cheap_a here_o as_o be_v allege_v our_o nation_n in_o general_n will_v have_v the_o advantage_n both_o way_n object_n 2._o if_o all_o shall_v be_v admit_v etc._n etc._n shop_n keeper_n be_v the_o retailor_n of_o the_o same_o commodity_n the_o company_n import_v will_v have_v so_o much_o the_o advantage_n of_o the_o merchant_n that_o he_o will_v beat_v the_o merchant_n whole_o out_o of_o the_o trade_n i_o answer_v first_o we_o see_v no_o such_o thing_n in_o hâ—lland_n nor_o in_o the_o open_a trade_n viz._n france_n spain_n portugal_n italy_n and_o all_o our_o own_o plantation_n neither_o can_v that_o well_o be_v for_o to_o drive_v a_o retail_n trade_n to_o any_o purpose_n requiâ—es_v a_o man_n full_a stock_n as_o well_o as_o his_o full_a attendence_n and_o so_o do_v it_o to_o drive_v the_o trade_n of_o a_o merchant_n and_o therefore_o few_o can_v find_v stock_n and_o time_n to_o attend_v both_o from_o whence_o it_o follow_v that_o of_o the_o many_o hundred_o which_o in_o memory_n have_v turn_v merchant_n very_o few_o continue_v long_o to_o follow_v both_o but_o common_o after_o tâ—o_fw-la or_o three_o year_n experience_n betake_v themselves_o whole_o to_o merchandize_v or_o return_v to_o the_o sole_a exercise_n of_o their_o retail_n way_n but_o whether_o they_o do_v or_o do_v not_o concern_v not_o the_o nation_n in_o general_n who_o common_a interest_n be_v to_o buy_v cheap_a whatever_o appellation_n the_o seller_n have_v whether_o that_o of_o a_o mere_a merchant_n gentleman_z or_o a_o shopkeeper_n object_n 3._o if_o shopkeeper_n and_o other_o unexperienced_a person_n may_v turn_v merchant_n etc._n etc._n they_o will_v through_o ignorance_n neglect_v buy_v and_o send_v out_o our_o native_a manufacture_n and_o will_v send_v out_o our_o money_n or_o bill_n of_o exchange_n to_o buy_v foreign_a commodity_n which_o be_v a_o apparent_a national_a loss_n i_o answer_v that_o shopkeeper_n be_v like_o all_o other_o man_n lead_v by_o their_o profit_n and_o if_o it_o be_v for_o their_o advantage_n to_o send_v out_o manufacture_n they_o will_v do_v it_o without_o force_v and_o if_o it_o be_v for_o their_o profit_n â—o_o send_v over_o money_n or_o bill_n of_o exchange_n they_o will_v do_v that_o and_o so_o will_v merchant_n as_o soon_o and_o as_o much_o as_o they_o object_n 4._o if_o any_o may_v be_v admit_v etc._n etc._n what_o do_v we_o get_v by_o our_o seven_o year_n service_n and_o â—he_v great_a sum_n of_o money_n our_o parent_n give_v to_o bind_v we_o apprentice_n to_o merchant_n etc._n etc._n and_o who_o will_v hereafter_o bind_v his_o son_n to_o a_o merchant_n i_o answer_v the_o end_n of_o service_n and_o give_v of_o money_n with_o apprentice_n i_o have_v always_o understand_v to_o be_v the_o learning_n of_o the_o art_n or_o science_n of_o merchandize_v not_o the_o purchase_n of_o a_o immunity_n or_o monopoly_n to_o the_o prejudice_n of_o our_o country_n and_o that_o it_o be_v so_o be_v evident_a from_o the_o practice_n there_o be_v many_o general_a merchant_n that_o be_v free_a of_o no_o particular_a company_n who_o can_v have_v as_o large_a sum_n of_o money_n with_o apprentice_n as_o any_o other_o that_o be_v free_a of_o one_o or_o more_o particular_a company_n of_o merchant_n and_o many_o merchant_n that_o be_v free_a of_o particular_a company_n unto_o who_o few_o will_v give_v any_o considerable_a sum_n of_o money_n with_o apprentice_n the_o proportion_n of_o money_n give_v with_o apprentice_n not_o follow_v the_o company_n a_o merchant_n be_v free_a of_o but_o the_o condition_n the_o master_n as_o to_z his_o more_z or_o less_o repute_a skill_n in_o his_o call_v thrive_a or_o go_v backward_o great_a or_o lesser_a trade_n well_o or_o ill_a government_n of_o himself_o and_o family_n etc._n etc._n obj._n 5._o if_o all_o shall_v be_v admit_v on_o such_o easy_a term_n will_v not_o that_o be_v manifest_a injustice_n to_o the_o company_n of_o merchant_n who_o by_o themselves_o or_o predecessor_n have_v be_v at_o great_a disburstment_n to_o purchase_v privilege_n &_o immunity_n abroad_o as_o the_o turkey-company_n and_o the_o hambrough-company_n have_v do_v i_o answer_v that_o i_o be_o yet_o to_o learn_v that_o any_o company_n of_o merchant_n not_o trade_v with_o a_o joint_a stock_n such_o as_o
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 if_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 those_o 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 of_o holland_n 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 â—it_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 counry_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 or_o 400_o ship_n load_v of_o timber_n and_o other_o wooden_a commodity_n 4_o thly_a the_o sweede_n will_v have_v a_o apparent_a benefit_n by_o it_o by_o turn_v a_o great_a part_n of_o the_o stream_n of_o our_o trade_n for_o those_o commodity_n to_o gottenborrow_n and_o divers_a other_o part_n of_o sweeden_n that_o be_v late_o open_v and_o now_o open_v where_o very_o large_a quantity_n of_o timber_n mast_n and_o board_n likewise_o may_v be_v have_v though_o some_o smaâ—l_a matter_n dear_a than_o in_o norway_n beside_o if_o the_o sweede_n shall_v expect_v no_o advantage_n but_o rather_o loss_n by_o such_o amendment_n of_o our_o own_o law_n they_o have_v no_o reason_n to_o bâ—_n angry_a because_o they_o have_v late_o make_v so_o many_o law_n for_o encouragement_n of_o their_o own_o ship_n and_o navigation_n and_o consequent_o discouragement_n of_o we_o that_o do_v in_o effect_n amount_v to_o a_o prohibition_n of_o the_o english_a from_o send_v their_o own_o manufacture_n to_o sweeden_n in_o english_a ship_n insomuch_o that_o the_o english_a merchant_n when_o sweedish_a ship_n do_v not_o pâ—â—sent_a be_v force_v many_o time_n to_o sâ—nd_v thâ—ir_a good_n to_o elsinore_n to_o lie_v there_o till_o a_o sweedish_a ship_n come_v by_o to_o put_v they_o aboard_o of_o and_o pay_v their_o factoridge_n and_o other_o charge_n because_o if_o they_o shall_v send_v they_o on_o english_a ship_n the_o duty_n be_v so_o high_a in_o sweeden_n that_o it_o be_v impossible_a for_o they_o to_o make_v their_o first_o cost_n of_o they_o 5_o thly_a the_o easterlin_n or_o hans-town_n though_o they_o be_v exclude_v this_o trade_n for_o england_n with_o their_o ship_n whereof_o they_o have_v little_a the_o great_a share_n be_v carry_v away_o by_o the_o dane_n will_v be_v gainer_n by_o the_o increase_n of_o our_o trade_n with_o they_o for_o board_n timber_n spruce_n deal_v etc._n etc._n at_o dantzick_n quinsborough_n and_o other_o place_n which_o will_v be_v very_o considerable_a in_o case_n the_o king_n of_o denmark_n shall_v impose_v any_o considerable_a extraordinary_a tribute_n on_o our_o ship_n which_o bring_v i_o to_o the_o three_o objection_n object_n 3._o if_o this_o be_v do_v will_v not_o the_o king_n of_o denmark_n lay_v a_o great_a imposition_n upon_o all_o our_o ship_n that_o trade_n into_o his_o dominion_n and_o also_o upon_o our_o drapery_n and_o other_o native_a english_a commodity_n i_o answer_v that_o whatever_o that_o king_n may_v do_v at_o first_o i_o be_o persuade_v after_o he_o have_v consider_v of_o it_o he_o will_v be_v moderate_a in_o his_o imposition_n because_o he_o can_v hurt_v none_o but_o himself_o by_o make_v they_o great_a for_o as_o to_o drapery_n and_o other_o english_a good_n his_o country_n spend_v none_o worth_a speak_v of_o and_o that_o charge_v with_o about_o 30_o or_o 40_o per_fw-la cent_z custom_n already_o nine_o ten_o of_o all_o the_o timber_n and_o board_n we_o fetch_v from_o thence_o be_v in_o my_o opinion_n purchase_v with_o ready_a dollar_n send_v from_o england_n and_o holland_n and_o if_o he_o shall_v by_o a_o great_a imposition_n total_o discourage_v we_o from_o trade_v with_o his_o people_n we_o shall_v lay_v out_o that_o money_n with_o the_o sweede_n hamburger_n danzicker_n and_o other_o where_o we_o may_v have_v sufficient_a supply_n while_o the_o dane_n will_v be_v exceed_o burden_a with_o the_o lie_v of_o their_o good_n upon_o their_o hand_n there_o be_v in_o norway_n great_a quantity_n of_o good_n viz._n the_o course_n hemlock_n timber_n common_o bring_v from_o larwick_n tunsberry_n sandyford_n oskâ—strand_n hollumstrand_n and_o many_o other_o part_n which_o no_o nation_n in_o the_o world_n trade_v with_o they_o for_o or_o will_v buy_v or_o use_v but_o the_o english_a only_o chap._n v._o concern_v transferrance_n of_o debt_n the_o great_a advantage_n that_o will_v accrue_v to_o this_o kingdom_n by_o a_o law_n for_o transfer_v bill_n of_o debt_n from_o one_o person_n to_o another_o be_v sufficient_o understand_v by_o most_o man_n especial_o by_o merchant_n the_o difficulty_n seem_v not_o to_o be_v so_o much_o in_o make_v of_o a_o law_n to_o this_o purpose_n as_o reduce_v it_o to_o practice_n because_o we_o have_v be_v so_o long_o accustom_v to_o buy_v and_o sell_v good_n by_o verbal_a contract_n only_o that_o rich_a and_o great_a man_n for_o some_o time_n will_v be_v apt_a to_o think_v it_o a_o diminution_n of_o their_o reputation_n to_o have_v bill_n under_o their_o hand_n and_o seal_n demand_v of_o they_o for_o good_n buy_v and_o mean_a man_n will_v fear_v the_o lose_n of_o their_o customer_n by_o insist_v upon_o have_v such_o bill_n for_o what_o they_o sell_v which_o inconveniency_n probable_o may_v be_v avoid_v and_o the_o good_a hope_v for_o full_o attain_v if_o it_o be_v enact_v that_o all_o and_o every_o person_n and_o person_n native_a and_o foreign_a body_n politic_a and_o corporate_a be_v or_o inhabit_v within_o the_o kingdom_n of_o england_n or_o dominion_n of_o wales_n who_o from_o and_o after_o the_o day_n of_o shall_v buy_v and_o receive_v any_o ware_n good_n and_o merchandise_n from_o any_o other_o shall_v immediate_o on_o receipt_n thereof_o in_o case_n ready_a money_n be_v not_o pay_v for_o the_o same_o give_v unto_o he_o or_o they_o of_o who_o such_o good_n ware_n and_o merchandise_n shall_v be_v buy_v or_o to_o he_o and_o their_o use_n a_o bill_n or_o write_v obligatory_a under_o the_o hand_n or_o seal_n of_o he_o or_o they_o so_o buy_v the_o same_o which_o shall_v mention_v the_o quality_n of_o the_o say_a good_n and_o the_o neat_a sum_n of_o money_n with_o the_o time_n or_o time_n of_o payment_n agree_v upon_o 2._o
that_o all_o person_n etc._n etc._n may_v transfer_v the_o say_a bill_n under_o their_o hand_n to_o any_o other_o by_o a_o short_a assignation_n on_o the_o back_n side_n 3._o that_o every_o such_o assignee_n may_v re-assign_a toties_fw-la quoties_fw-la 4._o after_o such_o assignment_n it_o shall_v not_o be_v in_o the_o power_n of_o any_o assignor_n to_o make_v void_a release_v or_o discharge_v the_o debt_n 5._o no_o debt_n after_o assignment_n to_o be_v liable_a to_o any_o attachment_n execution_n statute_n or_o commission_n of_o bankrupt_a or_o other_o demand_n as_o the_o estate_n of_o hiâ—_n or_o they_o that_o assign_v the_o same_o 6._o that_o each_o assignment_n shall_v absolute_o vest_n the_o property_n into_o the_o assignee_n to_o all_o intent_n and_o purpose_n 7._o that_o such_o assignment_n be_v receive_v and_o receipt_n or_o discharge_v give_v for_o the_o same_o shall_v be_v deem_v good_a payment_n 8._o that_o all_o good_n sell_v above_o the_o value_n of_o 10_o l._n after_o the_o day_n of_o for_o which_o no_o such_o bill_n or_o write_v obligatory_a shall_v be_v give_v or_o tender_v as_o aforesaid_a to_o the_o seller_n or_o seller_n thereof_o or_o to_o he_o or_o their_o use_n shall_v be_v deem_v and_o construe_v to_o all_o intent_n and_o purpose_n in_o the_o law_n as_o if_o the_o same_o have_v be_v contract_v for_o to_o be_v pay_v in_o ready_a money_n any_o concession_n or_o verbal_a agreement_n between_o the_o say_a party_n to_o the_o contrary_a notwithstanding_o this_o clause_n i_o hope_v may_v be_v effectual_a to_o initiate_v we_o to_o a_o practice_n and_o observance_n of_o such_o a_o law_n 6._o that_o the_o first_o assignment_n of_o any_o such_o bill_n or_o bill_n of_o debt_n be_v to_o this_o or_o though_o like_a ffect_n i_o a._n b._n do_v engage_v and_o attest_v that_o the_o debt_n within_o mention_v be_v a_o true_a debt_n and_o no_o part_n of_o it_o pay_v to_o i_o or_o to_o my_o use_n or_o discharge_v by_o i_o and_o i_o do_v hereby_o assign_v over_o the_o same_o to_o c._n d._n for_o his_o own_o account_n 10._o and_o that_o the_o second_o and_o all_o other_o after_o assignation_n upon_o any_o such_o bill_n shall_v be_v to_o this_o or_o the_o like_a effect_n viz._n i_o a._n b._n do_v attest_v that_o no_o part_n of_o the_o within-mentioned_n debt_n be_v pay_v to_o i_o or_o my_o use_n or_o discharge_v by_o i_o and_o i_o do_v hereby_o transfer_v the_o same_o to_o c._n d._n the_o objection_n i_o have_v meet_v with_o to_o the_o make_v such_o a_o law_n be_v viz._n object_n 1._o this_o will_v be_v repugnant_a to_o our_o common_a law_n and_o some_o statute_n viz._n maintenance_n champarty_n bankrupt_a etc._n etc._n 1._o i_o answer_v not_o so_o repugnant_a as_o at_o first_o view_v it_o seem_v to_o be_v for_o though_o by_o our_o law_n at_o present_a bond_n and_o bill_n can_v be_v assign_v mortgage_n which_o be_v but_o another_o kind_n of_o security_n for_o money_n lend_v may_v be_v assign_v 2._o if_o any_o law_n at_o present_a be_v repugnant_a to_o the_o common_a good_a of_o the_o nation_n and_o if_o the_o make_n of_o such_o a_o new_a law_n will_v effectual_o increase_v the_o useful_a stock_n of_o the_o nation_n at_o least_o one_o three_o part_n and_o great_o ease_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 â—it_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 â—ea_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
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 in_o the_o outpart_n of_o london_n upon_o this_o point_n of_o naturalisation_n many_o man_n make_v a_o great_a doubt_n whether_o it_o be_v for_o public_a good_a to_o permit_v the_o jew_n to_o be_v naturalize_v in_o common_a with_o other_o stranger_n those_o that_o be_v against_o their_o admission_n who_o for_o the_o most_o part_n be_v merchant_n urge_v these_o reason_n 1._o they_o say_v the_o jew_n be_v a_o subtle_a people_n pry_v into_o all_o kind_n of_o trade_n and_o thereby_o deprive_v the_o english_a merchant_n of_o that_o profit_n he_o will_v otherwise_o gain_v 2_o they_o be_v a_o penurious_a people_n live_v miserable_o and_o therefore_o can_v and_o do_v afford_v to_o trade_v for_o less_o profit_n than_o the_o english_a to_o the_o prejudice_n of_o the_o english_a merchant_n 3._o they_o bring_v no_o estate_n with_o they_o but_o set_v up_o with_o their_o pen_n and_o ink_n only_o and_o if_o after_o some_o few_o year_n they_o thrive_v and_o grow_v rich_a they_o carry_v away_o their_o riches_n with_o they_o to_o some_o other_o country_n be_v a_o people_n that_o can_v mix_v with_o we_o which_o riches_n be_v carry_v away_o be_v a_o public_a loss_n to_o this_o kingdom_n those_o that_o be_v for_o the_o admission_n of_o the_o jew_n say_v in_o answer_n to_o the_o aforesaid_a reason_n viz._n 1_o st_o the_o subtle_a the_o jew_n be_v and_o the_o more_o trade_n they_o pry_v into_o while_o they_o live_v here_o the_o more_o they_o be_v like_a to_o increase_v trade_n and_o the_o more_o they_o do_v that_o the_o better_a it_o be_v for_o the_o kingdom_n in_o general_n though_o the_o worse_a for_o the_o english_a merchant_n who_o comparitive_o to_o the_o rest_n of_o the_o people_n of_o england_n be_v not_o one_o of_o a_o thousand_o 2_o dly_z the_o thrifty_a they_o live_v the_o better_a example_n to_o our_o people_n there_o be_v nothing_o in_o the_o world_n more_o conduce_v to_o enrich_v a_o kingdom_n then_o thriftiness_n 3_o dly_z it_o be_v deny_v that_o they_o bring_v over_o nothing_o with_o they_o for_o many_o have_v bring_v hither_o very_o good_a estate_n and_o hundred_o more_o will_v do_v the_o like_a and_o settle_v here_o for_o their_o life_n and_o their_o posterity_n after_o they_o if_o they_o have_v the_o same_o freedom_n and_o security_n here_o as_o they_o have_v in_o holland_n and_o italy_n where_o the_o grand_a duke_n of_o tuscaney_n and_o other_o prince_n allow_v they_o not_o only_o perfect_a liberty_n and_o security_n but_o give_v they_o the_o privilege_n of_o make_v law_n among_o themselves_o and_o that_o they_o will_v reside_v with_o we_o be_v prove_v from_o the_o know_a principle_n of_o nature_n viz._n principle_n 1._o all_o man_n by_o nature_n be_v alike_o as_o i_o have_v before_o demonstrate_v and_o mr_n hobbs_n have_v true_o assert_v how_o erroneous_a soever_o he_o may_v be_v in_o other_o thing_n princip_n 2._o fear_n be_v the_o cause_n of_o hatred_n and_o hatred_n of_o separation_n from_o as_o well_o as_o evil_a deed_n to_o the_o party_n or_o government_n hate_v when_o opportunity_n be_v offer_v this_o by_o the_o way_n show_v the_o difference_n between_o a_o bare_a connivance_n at_o dissenter_n in_o matter_n of_o religion_n and_o a_o toleration_n by_o law_n the_o former_a keep_v they_o continual_o in_o fear_n and_o consequent_o apt_a to_o sedition_n and_o rebellion_n when_o any_o probable_a occasion_n of_o success_n present_v the_o latter_a disarm_v cunning_a ambitious_a mind_a man_n who_o want_v a_o popular_a discontent_a party_n to_o work_v upon_o can_v effect_v little_a or_o nothing_o to_o the_o prejudice_n of_o the_o government_n and_o this_o methinks_v discover_v clear_o the_o cause_n why_o the_o lutheran_n in_o germany_n protestant_n in_o france_n greek_n in_o turkey_n and_o sectary_n in_o holland_n be_v such_o quiet_a peaceable-minded-man_n while_o our_o nonconformist_n in_o england_n be_v say_v to_o be_v enclinable_a to_o strife_n war_n and_o bloodshed_n take_v away_o the_o cause_n and_o the_o effect_n will_v cease_v while_o the_o law_n be_v in_o force_n against_o man_n they_o think_v the_o sword_n hang_v over_o their_o head_n and_o be_v always_o in_o fear_n though_o the_o execution_n be_v suspend_v not_o know_v how_o soon_o council_n or_o counsellor_n time_n or_o person_n may_v change_v it_o be_v only_o perfect_a love_n that_o cast_v out_o fear_n and_o all_o man_n be_v in_o love_n with_o liberty_n and_o security_n it_o can_v be_v deny_v that_o the_o industrious_a bee_n have_v sting_n though_o drone_n have_v not_o yet_o bee_n sting_v not_o except_o those_o that_o hurt_v they_o or_o disturb_v their_o hive_n it_o be_v say_v the_o jew_n can_v intermarry_v with_o we_o and_o therefore_o it_o can_v be_v suppose_v they_o will_v reside_v long_o among_o we_o although_o they_o be_v treat_v never_o so_o kind_o why_o not_o reside_v here_o as_o well_o as_o in_o italy_n poland_n or_o holland_n they_o have_v now_o no_o country_n of_o their_o own_o to_o go_v to_o and_o therefore_o that_o be_v their_o country_n and_o must_v needs_o be_v so_o esteem_v by_o they_o where_o they_o be_v best_a use_v and_o have_v the_o great_a security_n chap._n viii_o concern_v wool_n and_o woollen_a manufacture_n that_o wool_n be_v eminent_o the_o foundation_n of_o the_o english_a riches_n i_o have_v not_o hear_v deny_v by_o any_o and_o that_o therefore_o all_o possible_a mean_n ought_v to_o be_v use_v to_o keep_v it_o within_o our_o own_o kingdom_n be_v general_o confess_v and_o to_o this_o purpose_n most_o of_o our_o modern_a parliament_n have_v strenuous_o endeavour_v the_o contrive_n of_o severe_a law_n to_o prevent_v its_o exportation_n and_o the_o last_o act_n make_v it_o felony_n to_o ship_n out_o wool_n
poor_a condition_n the_o reason_n whereof_o to_o i_o seem_v clear_o to_o be_v because_o a_o great_a part_n of_o the_o stock_n employ_v in_o the_o aforesaid_a great_a trade_n be_v take_v up_o at_o interest_n and_o consequent_o own_v by_o londoner_n and_o other_o absentee_n and_o though_o it_o may_v be_v hope_v that_o this_o be_v not_o yet_o the_o case_n of_o england_n yet_o it_o be_v a_o demonstration_n that_o the_o notion_n of_o take_v the_o balance_n this_o way_n be_v not_o absolute_o and_o in_o all_o place_n and_o under_o all_o circumstance_n without_o exception_n true_a &_o good_a for_o in_o case_n the_o trade_n of_o england_n shall_v be_v carry_v on_o by_o absentees_n than_o the_o supposition_n upon_o which_o this_o notion_n be_v ground_v viz._n that_o when_o the_o export_n over_o balance_n the_o import_v the_o surplusage_n be_v return_v into_o england_n in_o bulloin_n will_v prove_v a_o mistake_n and_o the_o contrary_n will_v be_v true_a viz._n that_o the_o surplusage_n will_v be_v convey_v into_o foreign_a part_n to_o the_o place_n of_o the_o residence_n of_o such_o absentee_n 2._o the_o second_o thing_n i_o be_o to_o illustrate_v be_v that_o this_o rule_n bare_o consider_v be_v fallible_a and_o erroneous_a as_o to_o particular_a and_o distinct_a trade_n this_o will_v appear_v if_o it_o be_v consider_v that_o a_o true_a measure_n of_o any_o particular_a trade_n as_o to_o the_o profit_n or_o loss_n of_o the_o nation_n thereby_o can_v be_v take_v by_o the_o consideration_n of_o such_o trade_n in_o itself_o single_o but_o as_o it_o stand_v in_o reference_n and_o be_v subservient_fw-fr to_o the_o general_a trade_n of_o the_o kingdom_n for_o it_o may_v so_o fall_v out_o that_o there_o may_v be_v some_o place_n to_o which_o little_a of_o our_o english_a manufacture_n be_v export_v and_o yet_o the_o commodity_n we_o have_v from_o thence_o may_v be_v so_o necessary_a to_o the_o carry_v on_o our_o trade_n in_o general_n or_o some_o other_o particular_a trade_n that_o without_o they_o the_o nation_n will_v great_o decline_v and_o decay_v in_o trade_n now_o in_o this_o case_n if_o we_o shall_v measure_v such_o a_o particular_a trade_n by_o the_o aforesaid_a notion_n of_o the_o balance_n we_o shall_v find_v the_o import_v abundant_o exceed_v the_o export_n and_o so_o be_v ready_a to_o conclude_v against_o such_o a_o trade_n as_o destructive_a whereas_o notwithstanding_o it_o may_v in_o truth_n be_v a_o very_a necessary_a beneficial_a trade_n and_o to_o the_o very_a great_a advantage_n of_o the_o nation_n as_o for_o instance_n the_o trade_n of_o denmark_n and_o norway_n the_o import_v from_o whence_o be_v certain_o many_o time_n the_o value_n of_o our_o native_a commodity_n export_v thither_o and_o yet_o it_o can_v be_v deny_v but_o that_o trade_n be_v advantageous_a to_o the_o kingdom_n not_o only_o because_o it_o give_v or_o will_v give_v employment_n to_o two_o hundred_o or_o three_o hundred_o sail_n of_o english_a ship_n if_o we_o do_v a_o little_a mend_v our_o act_n of_o navigation_n but_o principal_o because_o the_o commodity_n import_v from_o thence_o as_o timber_n pitch_n deal_v and_o tar_n be_v of_o such_o necessary_a use_n in_o 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
market_n than_o the_o old_a english_a merchant_n and_o those_o that_o can_v sell_v cheap_a will_v infallible_o engross_v the_o whole_a trade_n soon_o or_o late_a 3._o of_o all_o the_o american_n plntation_n his_o majesty_n have_v none_o so_o apt_a for_o the_o build_n of_o ship_n as_o new-england_n nor_o none_o comparable_o so_o qualify_v for_o the_o breed_n of_o seaman_n not_o only_o by_o reason_n of_o the_o natural_a industry_n of_o that_o people_n but_o principal_o by_o reason_n of_o their_o cod_n and_o mackerel_n fishery_n and_o in_o my_o poor_a opinion_n there_o be_v nothing_o more_o prejudicial_a and_o in_o prospect_n more_o dangerous_a to_o any_o mother_n kingdom_n than_o the_o increase_n of_o ship_n in_o their_o colony_n plantation_n or_o province_n 4._o the_o people_n that_o evacuate_v from_o we_o to_o barbados_n and_o the_o other_o west-india_n plantation_n as_o be_v before_o hint_v do_v common_o work_v one_o english_a man_n to_o ten_o or_o eight_o black_n and_o if_o we_o 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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 considerate_a on_o 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 this_o 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