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A32839 A treatise wherein is demonstrated, I. That the East-India trade is the most national of all foreign trades, II. That the clamors, aspersions, and objections made against the present East-India company, are sinister, selfish, or groundless, III. That since the discovery of the East-Indies, the dominion of the sea depends much upon the wane or increase of that trade, and consequently the security of the liberty, property, and protestant religion of this kingdom, IV. That the trade of the East-Indies cannot be carried on to national advantage, in any other way than by a general joynt stock, V. That the East-India trade is more profitable and necessary to the kingdom of England, than to any other kingdom or nation in Europe by Philopatris. Child, Josiah, Sir, 1630-1699. 1681 (1681) Wing C3866; ESTC R19413 24,211 48

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impose a Custom upon the Natives and all other Nations In the Empire of Persia we are Custom-free and have yearly from the Emperor 1000 Tomans which is above 3000 l. per Annum in lieu of the half Custom of his own People and all other Nations that trade thither Of right it should be the full half Customs of that Port which is more in value and we should have an Officer in his Custom-house to receive our half part but we rather content our selves with the 1000 Tomans aforesaid than fight with him again for a right which we are uncertain how long we may enjoy by reason of groundless Clamours against the Company at home At Bantam we are at the set rate of 4000 Dollars per Annum for all our Customs tho we increase our Trade never so much In most places in India we are in effect our own Law-makers and can arrest and imprison any Natives that deal with us or owe us money and can inflict corporal punishments upon them without controul of any of the Native or Moor Governours till they pay or do us right if our People there see cause for it All our Black Servants there which are very numerous and all others imployed by us or trading with us are free and exempted from the jurisdiction of the Native and other Governours We are in all places free in our Persons and Goods and all imployed or priviledged by us from all Inland Customs and Duties in the Towns and Provinces we pass or bring our Goods thorow which are very great in those Countreys and paid by the Natives Arg. 5. My fifth Argument is drawn from the great Losses Damages and Depredations that this Nation sustained in that short time of three years open Trade which are sufficiently known besides the loss of Priviledges increase of Presents to Governours lowering our English Commodities and advancing the Indian Commodities to such an odious excess that at length the very private Traders themselves were the forwardest Petitioners for a return to a Joynt Stock of the truth of which there be many yet alive that can attest Arg. 6. This I draw from the nature of the Eastern Governments There are above 100 Kings and Raja's which are Gentu Princes but governing with absolute Power in their own Dominions and as many Ports and Places of Trade whereas in Turkey there are but two or three principal places of Trade and one Prince with whom his Majesty by his Ambassador may conveniently have his Subjects there vindicated and righted if there were no Company as the French King the Venetians and the Dutch do Whereas in India there would be need of Forty Embassadors and all must have Instructions and carry large Presents The Companies Agents c. in India do many times find cause to send Embassies Instructions and splendid trains of Attendance and Presents before the Committee in England know of it Arg. 7. This is drawn from the distance of the places Letters do pass freely to and from Turkey in a short time and in case of injuries done the English his Majesties Men of War may soon go down from Tangier to revenge them But India is at a far greater distance no certain return of a Letter to be had once in Twelve moneths and the Princes and Ports there are at a wider distance one from another than it is from England to Turkey and much more difficult to maintain a Correspondence by Letters in India from Port to Port by reason of the set Monsons or Trade-winds that blow six moneths together one way Arg. 8. Where-ever the English or any Europeans settle a Factory in India they must presently build them large Houses Ware-houses c. take many Servants and maintain the appearance and splendour of a petty Court and in many places where the Company have not fixt Garrisons they are forced to fortifie their Houses or else they will be despised and trampled upon by the Natives If it be said this may be done by a regulated Company I answer First How shall they raise a Stock to buy those the Company have already with their Lands Islands Towns Garrisons Guns and Ammunition which I am sure their Priviledges being put in likewise have cost the Company above 300000 l Next How shall they maintain and defend them By Leviations upon Goods What before there are any Goods to taxe No they shall raise a Joynt Stock to make the first Purchase and after take only a Taxe upon Goods to maintain them These are absurd incongruous and impracticable Notions for in a time of War and Danger Men will forbear trading as hath been ingeniously observed by the Author of the printed Letter So that there will be no Goods to taxe when there is most need of Money Whereas the Governours or Committees have always in their hands a real Fond of above a Million of Money and can borrow so much more in India in a few days if they want it their Credit there being as currant as ready Gold having never been so much as stained I shall say no more upon this Argument in regard the printed Letter afore-said hath so copiously and convincingly cleared this point beyond all contradiction that I have no room left me to enlarge but have reason to beg the Authors pardon for what in this I have borrowed of him Arg. 9. The East-India Company of England Holland and all European Nations that trade to India have power by their Charters to make War upon any Nation in India at their Discretion but not upon any European Nation without his Majesties consent This power they must and ought to have for the well carrying on of their Trades This power the English Company have sometimes but not often exercised but if it were not known in India that they have such a power they should be continually affronted and abused by the Natives Now who shall this Power be delegated unto in a regulated Company To all English Men or to a single Embassador or to many Embassadors and Consuls V. That the East-India Trade is more profitable and necessary to the Kingdom of England than to any other Kingdom or Nation in Europe FIrst This is so as we are an Island and have our principal Security as well as the increase of our Riches from our Trade and Strength at Sea Secondly And which I take to be a main consideration The Trade of India is to England not only a great but an unmixt Advantage Whereas to all our Neighbours though the Trade of the East-Indies be a great Advantage and accordingly courted and coveted by them yet they cannot have it without some mixture of Loss in other respects because some of them have the growth and production of Silk among themselves as Italy and France They have likewise the sole Manufacture of plain Silks such as Taffateis Sarcenets c. which are brought from India cheaper than they can make them at Home Whereas in England our Silk Manufacture consists not
it be said Where shall they have Men I answer If they have Trade and Money enough they cannot want Men. Seamen are Inhabitants of the Universe and where ever they are bred will resort to the best Pay and most constant Employment especially in a Countrey where they cannot be prest or compelled into any Service against their Wills But it must be further considered That all other Foreign Trade in Europe doth greatly depend upon East-India Commodities and if we lose the Importation of them into Europe we shall soon abate in all our other Foreign Trade and Navigation and the Dutch will more than proportionably increase theirs The proportion of our Decay and their Increase in such a Case would indeed be exactly the same but that the excess of price which they would make the European World pay for East-India Commodities more than now they do would cause a disproportionable and greater increase of their Riches The augmentation whereof would further enable them to overballance us and all others in Trade as well as in Naval strength If it shall be said Admit all that is writ upon this Head to be probable is not the Consequence viz. the security of the Liberty Property and Protestant Religion of this Kingdom far fetcht and brought in as popular phrases to gain and please a Party as the Clothiers and Artificers Petition was formerly on the other side I answer I cannot hinder Men from thinking their own way but God Almighty that knows my Heart knows that I scorn to use any such sacred terms to or for any such sinister or selfish respect or to please any sort of Men living All that I have or shall write in this Treatise is what I do really and stedfastly believe upon very long and serious Meditation and many Years conference with almost all sorts of Men English and Strangers And if notwithstanding I do err in some things as humanum est it is for want of better understanding But to return to the Matter Can any man that looks abroad into the World doubt of the truth of that Observation viz. That Trade never thrives in any Countrey that is not Protestant though not in all that are so for reasons which I could offer but that they are not necessary here Is it not obvious to every Man's understanding that since Queen Elizabeth's time our Customs are encreased from 14000 l. per Annum to above 700000 l. per Annum Is it not evident that the People of the United Netherlands since their being Protestant are increased more in Trade and Wealth in 100 Years than the ancient and fortunate Romans did in 400 Years after the foundation of their flourishing Commonwealth Have not the French since they were but Partie par paile part Protestants and part Papists increased more in Trade and Shipping in 100 Years then they did in 500 Years before I once discoursed a Popish Lord soon after his Majestie 's happy Restauration who is since dead who told me it was never well in England nor would be while we kept such a stir about promoting of Trade I confess I liked his Lordship the worse for that expression but I thought the better of his Parts A Naval Power never affrights us Seamen never did nor ever will destroy the Liberty of their own Countrey They naturally hate Slavery because they see so much of the misery of it in other Countreys All Tyrannies in the World are supported by Land-Armies No absolute Princes have great Navies or great Trades very few of them though they have large Territories can match that little Town of Hamburgh in Shipping The Kingdom of France is powerful and populous and is arrived to the height of Military Vertue by which they are become formidable to us as well as to our Neighbours Who do we fear may destroy our Liberty Property and Religion which three are one in substance but the Papists and the French which likewise are two names for one thing and so we should have found it if God Almighty had not disappointed them Now under God's Providence what can best secure us from them but our Naval Strength and what doth especially increase and support that but our East-India Trade which I think I have sufficiently proved to the conviction of every impartial and unbiassed Englishman And if so the Consequence in this Proposition is most natural and irrefragable But if notwithstanding it shall be replied upon me that in the former part of the Discourse on this Inference I say That Trade thrives in Protestant Countries therefore the Protestant Religion is the cause of our so great increase in Trade and Navigation and not the Trade of the East-Indies I answer First That the great increase of Trade is not a constant and infallible consequence of the Protestant Religion because it proves not so in all Protestant Countreys But whatever Nation increaseth in the East-India Trade never fails proportionably to increase in other Foreign Trade and Navigation Secondly Admit that our Reformation to the Protestant Religion were one principal cause at first of our advance in Trade and Navigation yet now it is manifest that the increase of our Trade and Navigation is a great means under God to secure and preserve our Protestant Religion Foreign Trade produceth Riches Riches Power Power preserves our Trade and Religion they mutually work one upon and for the preservation of each other As was well said by the late learned Lord Bacon though in a different Case in his History of Henry the 7th That that Kings Fortune work'd upon his Nature and his Nature upon his Fortune IV. That the Trade of the East-Indies cannot be carried on to National Advantage by a Regulated Company or in any other way than by a Joynt Stock BEfore I ingage in this Argument it will be necessary to explain What 's the Constitution of a Regulated Trade such as the Turkey Company and other like Companies of Merchants of London are 2ly What a Company United in a Joynt-Stock is To begin with the first A Regulated Company is hard to define and harder to resemble It s the Confinement of a Trade to a certain number of the People exclusive to above 99 parts of 100 with power in the major part to hinder the lesser from shipping out any Goods but when the greater number think fit and to levy a Tax upon the Trade at the discretion of the greater number of Votes In brief it is a Heteroclite unto which out of England there is nothing now in the World like in any other Kingdom or Commonwealth whatsoever that ever I could read or hear of All those Trades that are regulated and confined to certain Persons in England being open and free to all People in all other Kingdoms and States Their Courts are perfect Democracies where one that trades but for 100 l. per Annum hath as good a Vote as another that trades for 20000 l. per Annum In those Courts they appoint the time