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state_n great_a province_n unite_a 1,718 5 9.9410 5 true
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A07594 The circle of commerce. Or The ballance of trade in defence of free trade: opposed to Malynes little fish and his great whale, and poized against them in the scale. Wherein also, exchanges in generall are considered: and therein the whole trade of this kingdome with forraine countries, is digested into a ballance of trade, for the benefite of the publique. Necessary for the present and future times. By E.M. merchant. Misselden, Edward, fl. 1608-1654. 1623 (1623) STC 17985; ESTC S121074 74,584 148

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themselves_o in_o debt_n ttantúmne_fw-la est_fw-la ab_fw-la re_fw-la tua_fw-la otij_fw-la tibi_fw-la aliena_fw-la ut_fw-la cure_n eaque_fw-la nihil_fw-la quae_fw-la ad_fw-la te_fw-la attinent_fw-la heaut_fw-fr §_o 34._o teran_n heaut_fw-fr this_o man_n certain_o have_v nothing_o to_o do_v of_o his_o own_o that_o be_v so_o busy_a in_o other_o man_n affair_n it_o be_v true_a that_o the_o merchants-adventurer_n trade_n be_v engage_v in_o a_o great_a sum_n of_o money_n yet_o not_o for_o the_o service_n of_o the_o company_n but_o of_o the_o state_n and_o therefore_o it_o be_v a_o very_a audacious_a part_n for_o a_o man_n of_o his_o quality_n to_o cast_v such_o a_o calumny_n in_o the_o face_n of_o so_o worthy_a a_o company_n it_o be_v a_o great_a happiness_n unto_o that_o trade_n and_o other_o trade_n also_o that_o depend_v on_o it_o that_o some_o good_a mean_n be_v think_v upon_o either_o that_o which_o have_v be_v propose_v or_o some_o such_o other_o as_o may_v be_v think_v more_o fit_a in_o the_o wisdom_n of_o the_o state_n for_o case_n therein_o whereby_o the_o trade_n of_o cloth_n and_o the_o trader_n therein_o both_o clothier_n and_o merchant_n may_v be_v more_o encourage_v the_o merchants-adventurer_n have_v struggle_v much_o to_o lessen_v this_o charge_n even_o with_o the_o withdraw_n of_o pension_n and_o deserve_a stipend_n from_o many_o which_o alas_o be_v like_o a_o drop_n of_o water_n to_o the_o ocean_n and_o as_o it_o can_v conduce_v little_a to_o the_o case_n of_o so_o great_a a_o charge_n so_o may_v it_o much_o hazard_v the_o honour_n and_o reputation_n of_o the_o government_n of_o so_o famous_a a_o fellowship_n in_o foreign_a part_n which_o heretofore_o have_v shine_v in_o the_o eye_n of_o stranger_n above_o all_o other_o nation_n wherein_o also_o there_o be_v a_o relation_n to_o the_o honour_n of_o the_o king_n and_o kingdom_n both_o which_o be_v represent_v unto_o stranger_n in_o foreign_a part_n in_o their_o government_n and_o therefore_o it_o be_v pity_n that_o those_o that_o therein_o have_v excel_v other_o shall_v now_o be_v inferior_a unto_o all_o neither_o do_v this_o man_n so_o much_o as_o spare_v his_o aspersion_n from_o the_o clothier_n for_o thus_o he_o say_v this_o small_a number_n to_o manage_v so_o great_a a_o trade_n 51._o p._n 51._o incourage_v the_o clothier_n to_o adventure_v to_o make_v false_a cloth_n because_o it_o be_v impossible_a that_o so_o few_o merchant_n can_v search_v and_o vifit_n every_o cloth_n as_o it_o ought_v to_o be_v do_v and_o the_o clothier_n conscience_n be_v satisfy_v for_o he_o say_v that_o the_o false_a cloth_n be_v answerable_a to_o the_o best_a price_n vtquisque_fw-la est_fw-la vir_fw-la optimus_fw-la ita_fw-la difficilime_n esse_fw-la alios_fw-la improbos_fw-la suspicatur_fw-la quint._n §_o 34._o cic._n ad_fw-la quint._n if_o malynes_n be_v good_a himself_o he_o will_v think_v better_o of_o other_o man_n i_o can_v think_v there_o be_v any_o clothier_n so_o bad_a that_o will_v speak_v so_o ill_o ill_o will_v speak_v well_o of_o none_o nor_o malynes_n of_o merchant_n nor_o clotheir_o for_o it_o be_v not_o the_o small_a or_o great_a number_n of_o merchant_n that_o incourage_v the_o clothier_n to_o make_v false_a cloth_n but_o mere_o the_o want_n of_o execution_n of_o the_o statute_n 7._o free_a trade_n cop_z 2._o and_o 7._o of_o 4._o of_o the_o king_n enact_v for_o clothing_n as_o i_o have_v else_o where_o show_v at_o large_a now_o the_o statute_n provide_v that_o cloth_n be_v search_v wet_a and_o not_o dry_a as_o it_o come_v out_o of_o the_o mill_n and_o not_o as_o it_o come_v to_o the_o market_n and_o therefore_o the_o wisdom_n of_o parliament_n have_v appoint_v the_o search_n to_o be_v make_v where_o the_o clothes_n be_v make_v so_o that_o if_o the_o search_n be_v neglect_v there_o it_o be_v not_o the_o multitude_n of_o merchant_n that_o can_v help_v the_o search_n or_o indeed_o try_v the_o search_n as_o it_o ought_v to_o be_v for_o in_o the_o winter_n time_n the_o season_n of_o the_o year_n will_v not_o afford_v dry_v for_o the_o ten_o cloth_n to_o be_v wet_a and_o dry_v again_o for_o timely_a exportation_n and_o shall_v the_o clothier_n be_v detain_v from_o his_o money_n and_o the_o cloth_n from_o the_o market_n till_o such_o a_o kind_n of_o unkindly_a search_n or_o review_v be_v make_v both_o merchant_n and_o clothier_n will_v soon_o be_v a_o weary_a of_o such_o a_o trial_n neither_o be_v there_o any_o necessity_n for_o the_o merchant_n to_o make_v this_o review_n for_o then_o the_o great_a number_n of_o the_o clothworker_n in_o london_n that_o be_v set_v a_o work_n by_o the_o merchants-adventurer_n to_o visit_v their_o clothes_n will_v lose_v their_o employment_n so_o that_o if_o malynes_n have_v say_v true_a that_o there_o want_v merchant_n yet_o there_o be_v no_o want_n of_o clothworker_n to_o perform_v this_o work_n many_o other_o thing_n he_o speak_v at_o random_n of_o the_o clothier_n of_o the_o port_n of_o chapman_n and_o other_o as_o general_o he_o do_v throughout_o the_o whole_a scope_n of_o his_o book_n which_o deserve_v not_o repetition_n much_o less_o the_o honour_n of_o a_o answer_n and_o conclude_v these_o digression_n thus_o shall_v this_o be_v proclaim_v a_o free_a trade_n 53._o p._n 53._o when_o within_o ourselves_o we_o be_v in_o bondage_n and_o have_v lose_v the_o benefit_n of_o the_o two_o essential_a part_n of_o traffic_n namely_o the_o rule_n of_o money_n and_o exchange_n and_o a_o little_a after_o 54._o p._n 54._o the_o merchant_n stapler_n have_v observe_v that_o the_o merchant_n adventurer_n have_v a_o inevitable_a opportunity_n of_o combination_n to_o set_v what_o price_n they_o please_v upon_o cloth_n to_o the_o clothier_n of_o wool_n to_o the_o grower_n and_o of_o all_o commodity_n export_v and_o import_v aspis_n à_fw-la vipera_fw-la venenum_fw-la mutuatur_fw-la 36._o §_o 36._o malynes_n call_n the_o stapler_n to_o witness_v against_o the_o merchant_n adventurer_n when_o he_o and_o they_o be_v both_o their_o profess_a adversary_n but_o for_o the_o accusation_n no_o subject_n i_o dare_v say_v of_o this_o kingdom_n be_v more_o free_a of_o these_o crime_n than_o the_o merchants-adventurer_n neither_o have_v they_o any_o opportunity_n of_o such_o combination_n as_o be_v most_o untrue_o suggest_v for_o there_o be_v no_o merchant_n of_o the_o kingdom_n that_o do_v more_o bid_v and_o outbid_v one_o another_o at_o the_o market_n than_o they_o if_o they_o do_v trade_n as_o some_o merchant_n do_v in_o a_o joint_a stock_n there_o may_v be_v some_o suspicion_n of_o it_o but_o where_o there_o be_v so_o many_o buyer_n as_o be_v continual_o of_o the_o merchants-adventurer_n every_o man_n in_o that_o case_n be_v near_a to_o himself_o and_o if_o all_o the_o order_n which_o ever_o they_o make_v since_o they_o have_v the_o honour_n of_o their_o name_n be_v search_v out_o and_o sist_v over_o there_o will_v not_o be_v find_v a_o syllable_n in_o they_o of_o that_o sound_n whereof_o malynes_n make_v such_o a_o noise_n for_o the_o free_a trade_n whereof_o he_o speak_v and_o whereby_o he_o point_v at_o my_o tract_n of_o trade_n i_o will_v to_o god_n that_o those_o grievance_n therein_o mention_v be_v remoove_v and_o then_o maugre_o malynes_n or_o any_o other_o if_o any_o be_v of_o his_o mind_n i_o dare_v proclaim_v that_o this_o kingdom_n trade_n will_v both_o be_v free_a &_o flourish_v wherein_o nevertheless_o i_o have_v deal_v free_o and_o fair_o in_o wish_v that_o the_o king_n high_a way_n of_o trade_n 3._o free_a trade_n cap._n 3._o upon_o such_o reasonable_a term_n as_o may_v concur_v with_o the_o wisdom_n of_o the_o state_n may_v be_v open_v unto_o all_o man_n but_o i_o perceive_v there_o be_v no_o discourse_n of_o free_a trade_n will_v please_v malynes_n and_o other_o of_o his_o mind_n without_o a_o par_fw-fr of_o exchange_n or_o complaint_n against_o company_n the_o merchants-adventurer_n especial_o but_o you_o the_o merchants-adventurer_n who_o worthy_o have_v obtain_v honour_n of_o his_o majesty_n favour_n of_o the_o nobility_n fame_n in_o the_o world_n love_n of_o stranger_n good_a report_n of_o all_o that_o you_o i_o say_v shall_v come_v under_o malynes_n pen_n and_o be_v make_v the_o subject_n of_o his_o style_n the_o object_n of_o his_o envy_n be_v such_o a_o disgrace_n as_o the_o state_n be_v never_o wont_a to_o let_v you_o suffer_v or_o the_o honour_n of_o your_o name_n to_o undergo_v what_o shall_v be_v the_o cause_n of_o this_o man_n envy_n be_v his_o eye_n evil_a because_o the_o gracious_a eye_n of_o his_o majesty_n be_v so_o good_a to_o have_v behold_v your_o famous_a fellowship_n with_o his_o own_o aspect_n for_o his_o majesty_n look_v back_o upon_o some_o former_a and_o late_a experiment_n make_v upon_o this_o trade_n and_o look_v forward_o upon_o the_o danger_n and_o inconvenience_n of_o innovation_n have_v as_o his_o royal_a predecessor_n
ever_o do_v vouchsafe_v his_o royal_a grace_n and_o favour_n to_o these_o merchant_n this_o trade_n because_o the_o cloth-trade_n be_v the_o dowry_n of_o the_o kingdom_n the_o great_a revenue_n of_o the_o king_n it_o be_v the_o axis_n of_o the_o commonwealth_n whereon_o all_o the_o other_o trade_n of_o the_o kingdom_n do_v seem_v to_o turn_v and_o have_v their_o revolution_n and_o therefore_o it_o have_v ever_o be_v the_o policy_n of_o state_n to_o entrust_v this_o trade_n to_o such_o man_n as_o be_v probatae_fw-la fidei_fw-la of_o approve_a credit_n and_o trust_v wise_o to_o manage_v the_o same_o and_o not_o to_o novice_n and_o new-made_a merchant_n by_o who_o inexperience_n the_o trade_n may_v be_v subject_a to_o be_v betray_v into_o the_o hand_n of_o foreign_a nation_n and_o certain_o the_o commonwealth_n will_v lose_v more_o by_o the_o loss_n of_o one_o expert_a merchant_n discourage_v and_o drive_v out_o than_o it_o can_v hope_v to_o gain_v by_o twenty_o novice_n let_v in_o into_o a_o trade_n which_o they_o do_v not_o understand_v so_o that_o this_o restraint_n be_v the_o cause_n of_o this_o envy_n which_o be_v in_o nature_n a_o innate_a and_o inbred_a thing_n 3.4_o eleg._n 3.4_o according_a to_o that_o of_o the_o poet_n nittimur_fw-la invetitum_fw-la semper_fw-la cupimusque_fw-la negata_fw-la man_n be_v common_o most_o fond_a of_o that_o which_o they_o be_v most_o forbid_v otherwise_o i_o be_o as_o confident_a as_o i_o be_o conscious_a of_o it_o that_o there_o be_v no_o trade_n of_o this_o kingdom_n give_v so_o little_a allurement_n to_o those_o that_o be_v without_o or_o so_o small_a encouragement_n to_o those_o that_o be_v within_o as_o do_v the_o merchants-adventurer_n trade_n at_o this_o day_n which_o notwithstanding_o i_o hope_v his_o royal_a majesty_n shall_v ever_o find_v in_o they_o that_o loyal_a resolution_n which_o heretofore_o they_o have_v show_v to_o cast_v down_o themselves_o and_o their_o trade_n in_o all_o humility_n at_o his_o majesty_n foot_n to_o be_v dispose_v of_o according_a to_o the_o good_a pleasure_n of_o his_o majesty_n high_a wisdom_n and_o grace_n and_o yet_o i_o will_v have_v no_o man_n think_v that_o i_o will_v seem_v hereby_o to_o take_v upon_o i_o to_o personate_v they_o or_o meddle_v in_o their_o matter_n further_o than_o you_o see_v malynes_n have_v lead_v i_o into_o the_o same_o wherein_o i_o must_v use_v this_o just_a defence_n for_o they_o and_o i_o that_o i_o have_v neither_o have_v commission_n from_o they_o nor_o consult_v with_o they_o or_o any_o of_o they_o about_o this_o thing_n or_o any_o thing_n contain_v herein_o but_o with_o a_o even_a hand_n and_o heart_n have_v without_o partiality_n crassâ_fw-la mineruâ_fw-la according_a to_o the_o plainness_n and_o simplicity_n of_o my_o own_o poor_a genius_n pursue_v malynes_n from_o point_n to_o point_n neither_o do_v the_o merchants-adventurer_n of_o all_o other_o stand_v in_o need_n of_o my_o help_n for_o they_o be_v happy_a in_o enjoy_v he_o who_o for_o his_o learning_n and_o integrity_n deserve_v praise_n of_o who_o if_o i_o say_v that_o he_o be_v not_o second_v to_o any_o of_o his_o quality_n in_o this_o kingdom_n i_o shall_v neither_o flatter_v he_o nor_o injure_v any_o as_o all_o that_o know_v he_o do_v know_v and_o will_v acknowledge_v to_o he_o therefore_o i_o shall_v commend_v this_o theme_n as_o most_o proper_a to_o his_o person_n and_o office_n who_o for_o his_o part_n be_v more_o able_a and_o for_o his_o place_n be_v more_o fit_a than_o myself_o to_o take_v upon_o he_o this_o defence_n if_o there_o be_v cause_n it_o be_v true_a i_o be_o a_o brother_n though_o unworthy_a of_o that_o worthy_a society_n and_o so_o i_o be_o of_o other_o company_n also_o and_o so_o also_o be_o i_o a_o member_n though_o one_o of_o the_o least_o of_o the_o great_a commonwealth_n of_o this_o kingdom_n wherein_o i_o have_v learn_v to_o prefer_v that_o public_a to_o all_o these_o particular_a obligation_n amicus_fw-la plato_n amicus_fw-la socrates_n sed_fw-la magis_fw-la amica_fw-la veritas_fw-la those_o company_n and_o that_o course_n of_o trade_n shall_v be_v my_o discourse_n of_o free_a trade_n which_o shall_v be_v best_o approve_v of_o the_o state_n and_o wherein_o the_o honour_n of_o the_o king_n and_o the_o welfare_n of_o the_o the_o kingdom_n be_v most_o involve_v by_o this_o time_n malynes_n be_v come_v to_o monopoly_n the_o discourse_n whereof_o 37._o §._o 37._o if_o you_o will_v take_v his_o word_n 60._o p._n 60._o be_v without_o rhyme_n or_o reason_n because_o his_o pure_a par_fw-fr of_o exchange_n be_v not_o appendix_v to_o it_o and_o indeed_o there_o be_v some_o reason_n that_o such_o a_o par_fw-fr as_o he_o parret_n of_n shall_v have_v have_v some_o place_n assign_v it_o among_o monopoly_n for_o i_o will_v undertake_v that_o there_o be_v not_o any_o worse_a monopoly_n in_o the_o kingdom_n than_o he_o will_v make_v of_o this_o if_o he_o may_v have_v his_o will_n for_o other_o monopolist_n will_v be_v sole_a seller_n and_o buyer_n in_o merchandise_n he_o in_o the_o exchange_n but_o if_o you_o doubt_v of_o his_o judgement_n in_o this_o project_n he_o will_v produce_v his_o monsieur_n bodin_n to_o approve_v it_o by_o this_o french_a proverb_n i_o will_v intend_v le_fw-fr par_fw-fr 61._o p._n 61._o which_o be_v never_o yet_o know_v for_o any_o good_a phrase_n in_o the_o french_a much_o less_o for_o a_o proverb_n and_o be_v as_o ill_a a_o proof_n as_o a_o proverb_n to_o approve_v his_o experience_n for_o celuy_fw-fr qui_fw-fr est_fw-fr d'experience_n intend_v le_fw-mi par_fw-fr malynes_n n'entend_v pas_fw-fr le_fw-fr par_fw-fr ergo_fw-la malynes_n n'est_fw-mi point_v d'experience_n the_o proposition_n be_v prove_v by_o his_o own_o proverb_n the_o assumption_n by_o his_o project_n as_o the_o event_n will_v manifest_v but_o now_o you_o talk_v of_o a_o sill●gisme_n will_v you_o hear_v malynes_n make_v a_o paralogism_n thus_o nothing_o cause_v merchant_n to_o export_v more_o money_n out_o of_o the_o realm_n than_o they_o bring_v in_o 61._o p._n 61._o but_o only_o the_o bring_n in_o of_o more_o commodity_n into_o the_o realm_n than_o they_o carry_v out_o the_o undervaluation_n of_o our_o money_n cause_v no_o more_o commodity_n to_o be_v bring_v into_o the_o realm_n then_o be_v carry_v out_o ergo_fw-la the_o undervaluation_n of_o our_o money_n cause_v not_o more_o money_n to_o be_v carry_v out_o of_o the_o realm_n then_o be_v bring_v in_o neuè_n negativis_fw-la rectè_fw-la concludere_fw-la scibis_fw-la seton_n §._o 38._o seton_n there_o be_v no_o good_a conclusion_n can_v be_v draw_v from_o negative_n and_o therefore_o the_o philosopher_n say_v exit_fw-la nihilo_fw-la nihilfit_n you_o can_v make_v something_o of_o nothing_o neither_o have_v it_o the_o shape_n of_o a_o syllogism_n for_o all_o the_o proposition_n in_o it_o be_v negative_a which_o can_v come_v under_o any_o mood_n or_o figure_n of_o aristotle_n or_o if_o it_o have_v the_o form_n of_o a_o syllogism_n yet_o it_o make_v nothing_o against_o any_o thing_n i_o have_v say_v for_o i_o do_v not_o say_v any_o where_o that_o the_o undervaluation_n of_o our_o money_n cause_v more_o money_n to_o be_v carry_v out_o of_o the_o realm_n than_o be_v bring_v in_o but_o that_o it_o cause_v money_n to_o be_v carry_v out_o of_o the_o realm_n when_o it_o be_v bring_v in_o against_o which_o this_o paralogism_n if_o it_o have_v be_v a_o syllogism_n can_v have_v conclude_v nothing_o for_o money_n must_v be_v first_o bring_v into_o the_o realm_n before_o it_o be_v carry_v out_o again_o although_o it_o shall_v be_v grant_v that_o the_o undervaluation_n of_o our_o money_n do_v not_o cause_n more_o money_n to_o be_v carry_v out_o of_o the_o realm_n than_o be_v bring_v in_o yet_o for_o all_o that_o it_o may_v cause_v a_o great_a part_n of_o that_o which_o be_v bring_v in_o to_o be_v carry_v out_o thus_o you_o see_v this_o sophister_n how_o he_o chap_v logic_n and_o great_a care_n forsooth_o he_o take_v that_o it_o breed_v not_o a_o dilemma_n which_o he_o understand_v as_o well_o as_o he_o do_v a_o syllogism_n for_o a_o dilemma_n be_v that_o which_o convince_v both_o way_n which_o his_o paralogism_n do_v no_o way_n or_o rather_o convince_v he_o of_o folly_n for_o his_o argument_n may_v easy_o be_v retort_v upon_o hinselfe_n thus_o if_o nothing_o cause_v merchant_n to_o export_v more_o money_n out_o of_o the_o realm_n than_o they_o bring_v in_o but_o only_o the_o bring_n in_o of_o more_o commodity_n into_o the_o realm_n than_o they_o carry_v out_o than_o it_o be_v not_o for_o want_v of_o a_o par_fw-fr of_o exchange_n but_o the_o the_o first_o be_v true_a by_o his_o own_o argument_n and_o therefore_o the_o second_o or_o will_v you_o hear_v of_o a_o hound_n that_o have_v a_o better_a send_v of_o a_o syllogism_n than_o malynes_n the_o hound_n have_v lose_v the_o send_v coast_v the_o
think_v to_o be_v little_a be_v easy_o grant_v but_o she_o cause_v the_o skin_n to_o be_v cut_v in_o small_a piece_n and_o stretch_v out_o in_o such_o length_n as_o it_o compa'_v 22._o stadia_fw-la or_o furlong_n of_o that_o measure_n whereon_o she_o build_v carthage_n &_o in_o the_o midst_n thereof_o a_o castle_n which_o she_o call_v byrsa_n from_o the_o name_n of_o the_o bull_n hide_v and_o by_o a_o metonimy_n a_o purse_n strabe_n lib._n 17._o a_o bull_n hide_v whereon_o a_o tower_n rare_a to_o be_v see_v be_v buil_v call_v burse_n by_o dido_n queen_n and_o indeed_o the_o burse_v for_o merchant_n assembly_n in_o most_o place_n be_v of_o stately_a structure_n as_o be_v our_o burse_n of_o london_n the_o model_n whereof_o be_v take_v from_o the_o burse_n of_o antwerp_n which_o twain_o be_v much_o alike_o and_o excel_v all_o other_o that_o i_o know_v that_o of_o amsterdam_n resemble_v we_o but_o we_o far_o exceed_v that_o in_o extent_n and_o costly_a architecture_n and_o be_v worthy_o name_v of_o qu._n elizabeth_n the_o royal_a exchange_n and_o thus_o much_o of_o the_o name_n the_o thing_n itself_o follow_v politic_n §._o 9_o the_o thing_n or_o matter_n consider_v in_o the_o exchange_n naturallor_n politic_n which_o may_v be_v say_v either_o to_o be_v natural_a or_o politic_a a_o natural_a exchange_n be_v when_o money_n be_v exchange_v value_n for_o value_n according_a to_o the_o intrinsique_n or_o inward_a fineness_n or_o true_a value_n thereof_o the_o intrinsique_n value_n or_o fineness_n of_o money_n can_v be_v know_v but_o by_o a_o dissolution_n &_o melt_v down_o of_o the_o same_o into_o their_o proper_a body_n &_o by_o a_o separation_n of_o the_o pure_a from_o the_o impure_a the_o fine_a silver_n or_o gold_n from_o the_o allay_n or_o copper_n by_o assay_n in_o which_o natural_a exchange_n there_o be_v no_o rate_n nor_o price_n to_o be_v admit_v for_o the_o deliver_v or_o take_v of_o money_n but_o look_v how_o much_o fine_a silver_n or_o gold_n you_o receive_v in_o one_o place_n just_a so_o much_o and_o no_o more_o you_o must_v pay_v or_o deliver_v in_o another_o and_o this_o be_v a_o better_a direction_n than_o limitation_n of_o exchange_n for_o the_o fineness_n of_o money_n be_v that_o cynosure_n or_o centre_n whereunto_o all_o exchange_n have_v their_o natural_a propension_n but_o if_o you_o shall_v so_o limit_v or_o restrain_v exchange_n that_o no_o man_n shall_v take_v or_o deliver_v any_o money_n but_o according_a to_o the_o just_a fineness_n then_o the_o use_n of_o exchange_n in_o all_o place_n will_v be_v take_v away_o for_o then_o there_o will_v be_v no_o advantage_n leave_v neither_o to_o he_o that_o deliver_v nor_o he_o that_o take_v when_o money_n must_v be_v answer_v with_o money_n in_o the_o same_o intrinsique_n value_n for_o as_o it_o be_v the_o goodness_n of_o a_o commodity_n that_o direct_v the_o price_n yet_o that_o price_n be_v great_a or_o less_o according_a to_o the_o use_n of_o the_o thing_n or_o the_o judgement_n of_o the_o buyer_n and_o seller_n even_o so_o it_o be_v the_o fineness_n of_o money_n that_o direct_v the_o price_n or_o value_n of_o the_o exchange_n yet_o that_o price_n be_v great_a or_o less_o according_a to_o the_o occasion_n of_o both_o party_n contract_v for_o the_o same_o which_o can_v be_v do_v in_o the_o natural_a exchange_n because_o it_o admit_v no_o advantage_n to_o either_o the_o politic_a exchange_n be_v when_o money_n be_v exchange_v value_n for_o value_n exchange_n §._o 10._o the_o politic_a exchange_n according_a to_o the_o extrinsique_n or_o outward_a valuation_n such_o as_o be_v the_o intrinsique_n fineness_n to_o the_o natural_a exchange_n such_o be_v the_o extrinsique_n value_n to_o the_o politic_a exchange_n wherein_o merchant_n be_v wont_a to_o reckon_v the_o certain_a value_n of_o money_n in_o fineness_n at_o a_o uncertain_a valuation_n in_o denomination_n and_o account_n sometime_o at_o a_o high_a sometime_o at_o a_o low_a rate_n which_o be_v therefore_o in_o merchant_n term_n call_v the_o price_n or_o course_n or_o rate_n of_o the_o exchange_n and_o this_o valuation_n be_v thus_o uncertain_a because_o it_o be_v great_a or_o less_o according_a to_o the_o circumstance_n of_o time_n and_o place_n and_o person_n of_o time_n when_o money_n be_v take_v by_o exchange_n for_o long_a or_o short_a time_n of_o place_n where_o money_n be_v more_o plentiful_a or_o scarce_o of_o person_n when_o the_o party_n take_v money_n be_v of_o great_a or_o less_o credit_n or_o have_v more_o or_o less_o need_n thereof_o in_o all_o these_o respect_n the_o rate_n of_o money_n deliver_v and_o take_v by_o exchange_n be_v always_o more_o or_o less_o for_o as_o it_o be_v a_o common_a thing_n among_o man_n to_o sell_v one_o &_o the_o same_o commodity_n to_o diverse_a man_n at_o diverse_a prize_n so_o be_v it_o also_o in_o exchange_n when_o one_o and_o the_o same_o fineness_n of_o money_n be_v answer_v by_o a_o different_a value_n in_o denomination_n or_o account_n neither_o be_v there_o any_o certainty_n of_o gain_n to_o the_o deliverer_n of_o money_n in_o the_o first_o exchange_n although_o he_o seem_v to_o have_v some_o advantage_n in_o the_o price_n thereof_o above_o the_o value_n of_o fine_a silver_n nor_o of_o loss_n to_o the_o taker_n though_o he_o seem_v to_o have_v some_o disadvantage_n in_o the_o price_n thereof_o under_o the_o value_n of_o fine_a silver_n because_o the_o deliverer_n may_v perhaps_o be_v subject_a to_o remit_v his_o money_n back_o in_o the_o second_o or_o foreign_a exchange_n as_o much_o under_o the_o value_n of_o fine_a silver_n as_o he_o have_v before_o above_o the_o value_n in_o the_o first_o exchange_n and_o it_o may_v fall_v out_o also_o that_o the_o taker_n may_v gain_v by_o the_o rise_n of_o the_o exchange_n abroad_o that_o which_o he_o seem_v to_o lose_v by_o the_o fall_n thereof_o at_o home_n and_o if_o it_o happen_v that_o the_o money_n deliver_v in_o the_o first_o exchange_n be_v not_o remit_v in_o the_o second_o exchange_n but_o otherwise_o employ_v in_o trade_n that_o alter_z not_o the_o case_n by_o malynes_n own_o rule_n which_o be_v 3._o pag._n 3._o that_o commodity_n be_v buy_v and_o sell_v according_a to_o the_o public_a measure_n of_o the_o exchange_n so_o that_o in_o these_o exchange_n there_o be_v no_o certainty_n of_o gain_n or_o loss_n to_o the_o party_n take_v or_o deliver_v of_o money_n until_o the_o time_n be_v run_v out_o and_o the_o return_n come_v back_o from_o those_o part_n and_o place_n whether_o the_o money_n be_v first_o deliver_v by_o exchange_n during_o which_o time_n the_o manifold_a occurrent_n which_o be_v contigent_a to_o trade_n may_v vary_v the_o gain_n or_o loss_n to_o either_o party_n but_o because_o malynes_n will_v make_v the_o world_n believe_v exchange_n §._o 11._o the_o use_n of_o exchange_n that_o there_o be_v some_o great_a mystery_n in_o this_o kind_n of_o exchange_n let_v we_o come_v a_o little_o near_a home_n in_o consider_v the_o use_n or_o abuse_v thereof_o this_o kind_n of_o politic_n exchange_n be_v a_o excellent_a policy_n of_o trade_n i_o may_v say_v of_o state_n and_o concern_v both_o the_o king_n and_o kingdom_n it_o concern_v the_o king_n when_o by_o the_o benefit_n of_o the_o exchange_n his_o majesty_n affair_n of_o state_n and_o high_a consequence_n may_v be_v furnish_v with_o money_n in_o foreign_a part_n upon_o all_o occasion_n without_o the_o exportation_n of_o any_o of_o his_o own_o treasure_n it_o concern_v the_o kingdom_n both_o in_o respect_n of_o nobleman_n and_o tradesman_n of_o nobleman_n when_o by_o the_o benefit_n of_o exchange_n young_a nobleman_n and_o gentleman_n may_v be_v supply_v with_o money_n in_o their_o travel_n without_o the_o danger_n &_o inconvenience_n of_o carry_v over_o money_n which_o without_o the_o exchange_n can_v not_o be_v avoid_v of_o tradesman_n and_o that_o principal_o in_o respect_n of_o merchant_n and_o clothier_n of_o merchant_n old_a and_o yong._n of_o old_a merchant_n who_o mean_n although_o good_a yet_o through_o the_o deadness_n of_o time_n &_o trade_n a_o good_a man_n estate_n may_v be_v out_o of_o his_o hand_n in_o debt_n and_o ware_n which_o may_v be_v supply_v by_o the_o benefit_n of_o exchange_n of_o young_a merchant_n who_o have_v little_a mean_n and_o less_o credit_n with_o the_o usurer_n without_o a_o surety_n who_o every_o young_a man_n nor_o old_a neither_o have_v at_o command_n may_v supply_v themselves_o upon_o their_o own_o credit_n with_o great_a sum_n of_o money_n by_o exchange_n the_o least_o part_n whereof_o they_o can_v not_o have_v have_v without_o a_o surety_n at_o interest_n which_o be_v a_o singular_a benefit_n to_o young_a merchant_n and_o tend_v to_o a_o very_a great_a enlargement_n of_o trade_n of_o clothier_n for_o when_o the_o cloth-market_n be_v dead_a and_o when_o the_o clothier_n can_v sell_v his_o