Selected quad for the lemma: truth_n

Word A Word B Word C Word D Occurrence Frequency Band MI MI Band Prominent
truth_n world_n worse_a year_n 19 3 4.4921 4 false
View all documents for the selected quad

Text snippets containing the quad

ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A57605 Select observations of the incomparable Sir Walter Raleigh relating to trade, commerce, and coin, as it was presented to King James : wherein is proved that our money, our sea and land commodities serve to enrich and strengthen other countries against our own ... Raleigh, Walter, Sir, 1552?-1618. 1696 (1696) Wing R189; ESTC R9430 23,341 15

There are 2 snippets containing the selected quad. | View lemmatised text

SELECT OBSERVATIONS Of the Incomparable Sir Walter Raleigh Relating to Trade Commerce and Coin As it was Presented to KING JAMES Wherein is Proved That Our Money our Sea and Land Commodities serve to Enrich and Strengthen other Countries against Our OWN With other Matters of the highest Moment for the Publick Welfare LONDON Printed for J. S. and are to be Sold by R. Baldwin near Oxford-Arms-Inn in Warwick-lane MDCXCVI Preface to the Reader THE Worth and Excellency of these Learned Observations are such that 't is wisht they were treasur'd up in the Breast and Memory of our Grave Senators being a Subject worthy of their profound Consideration and a Jewel of far greater Value in the English Crown than the whole Produce of the Indies The Name of the Author stamps it Standard Proof against all the efforts and false allays of Counterfeits who slily under the Masque of Publick Service have insinuated their gilded Notions and Essayed to make their Sophistical Positions pass for Current Reason 'T is for this cause that now this Incomparable Author interposes whom the World knows to have been free from Partiality and Self-interest and that what he then advised was from unfeigned Sincerity of Heart and the great love he bore to his King and Country and grounded on the unerring Rules of Experience the Truth and Excellency of whose Judgement is further confirmed by demonstration of almost a hundred Years additional Experience and the Non-Observance of these golden Rules have only made us so wise as to know the Nation to be in so much more a worse Condition than it was in his time I write not this from a Belief that any thing I do will or can add an Attom to the Universally Celebrated Memory and Honour of this Admirable Person no I have not that Vanity no more than I believe the greatest Mome can detract from the Truth and Authority of his Positions I have presumed to add some things grounded on the same Hypothesis relating to our present Circumstances wherein if I have Err'd I submit to the censure of better Judgments J. S. May it Please Your MOST EXCELLENT MAJESTY ACcording to my Duty I am emboldened to put your Majesty in mind that about Fifteen Years past I presented you a Book of such Extraordinary Importance for the Honour and Profit of your Majesty and Posterity and doubting that it hath been laid aside and not consider'd of I am Encourag'd under your Majesties Pardon to present unto you one more consisting of Five Propositions Neither are they grounded upon vain or idle Grounds but upon the Fruition of those wonderful Blessings wherewith God hath endued Your Majesty's Sea and Land by which means you may not only enrich and fill your Coffers but also encrease such Might and Strength as shall appear if it may stand with your Majesties good liking to put the same in Execution in the true and right Form So that there is no doubt but it will make you in short time a Prince of such Power and so Great as shall make all the Princes your Neighbours as well glad of your Friendship as fearful to Offend you That this is so I humbly desire that Your Majesty will vouchsafe to peruse this Advertisement with that Care and Judgment which God hath given you Most humbly praying your Majesty that whereas I presented these Five Propositions together as in their own Natures jointly depending one of another and so linked together as the Destruction of any one will be an apparent Maim and disabling to the rest That Your Majesty would be pleased that they may not be separated but all handled together jointly and severally by Commissioners with as much speed and secrecy as can be and made fit to be reported to Your Majesty whereby I may be the better able to perform to Your Majesty that which I have promised and will perform upon my Life if I be not prevented by some that may seek to hinder the Honour and Profit of Your Majesty for their own private Ends. The true Ground Course and Form herein mentioned shall make appear how other Countries make themselves Powerful and Rich in all kinds by Merchandize Manufactory and fulness of Trade having no Commodities in their own Country growing to do it withal And herein likewise shall appear how easie 't is to draw the Wealth and Strength of other Countries to your Kingdom and what Royal Rich and plentiful Means God hath given this Land to do it which cannot be denied for support of Traffick and Continual Employment of your People for Replenishing of your Majesties Coffers And if I were not fully assur'd to Improve your Native Commodities with other Traffick Three Millions of Pounds more Yearly than now they are and to bring not only to your Majesties Coffers within the space of two or three Years near Two Millions of Pounds but to encrease your Revenues many Thousands Yearly and to please and greatly profit your People I would not have undertaken so great a Work All which will grow by Advancement of all kind of Merchandizing to the uttermost thereby to bring Manufactory into the Kingdom and to set on Work all sorts of People in the Realm as other Nations do which raise their Greatness by abundance of Your Native Commodities whilst we are Parling and Disputing whether it be good for us or not May it Please Your most Excellent Majesty I Have diligently in my Travels observed how the Countries herein mentioned do grow Potent with abundance of all things to serve themselves and other Nations where nothing groweth and that their never dried Fountains of Wealth by which they raise their State to such an admirable Height as that they are at this day even the Wonder of the World proceedeth from your Majesties Seas and Lands I thus moved began to dive into the depth of their Policies and circumventing Practices whereby they drain and still covet to Exhaust the Wealth and Coin of this Kingdom and so with our own Commodities to weaken us and finally beat us quite out of Trading in other Countries I found that they more fully obtained these their purposes by their convenient Privileges and settled Constitutions than England with all the Laws and super-abundance of home-bred Commodities which God hath vouchsafed your Sea and Land And these and others mentioned in this Book are the urgent Causes that provoke me in my Love and bounden Duty to your Majesty and my Country to address my former Book to your Princely Hands and Consideration By which Privileges they draw multitudes of Merchants to Trade with them and many other Nations to Inhabit amongst them which makes them populous and there they make Store-houses of all Foreign Commodities wherewith upon every Occasion of Scarcity and Dearth they are able to furnish Foreign Countries with plenty of those Commodities which before in time of plenty they Ingrossed and brought home from the same places which doth greatly augment Power and Treasure to
this over ballance of Trade being depriv'd of all its Silver The same Gentleman observes that if a Million of Bullion was yearly imported from Spain it would not encrease our Wealth this seems a Paradox for there is not a Necessity that it should again be exported nor that our Money should be of more intrinsick Value or less price than the rest of our Neighbours and consequently we may keep it at home as well as they do and need not send out a 100000 l. of our own Money with it as he is pleased to say we must The same Author further Remarks that the true liberty the Hollanders have of Exporting their Mony does not empoverish them but on the contrary they are Rich and the severe Penalties the Spaniard imposes on those that Export their Coin does not prevent their great want of Mony This I take to be a convincing Argument of the Necessity of raising our Coin for the great Allay and Exteinsick Value of the Dutch Coin as effectually secures it from Exporting as the Clipping of our Coin has kept it at home and the Goodness of he Spanish Money transports it to all parts of the World which demonstrates the invalidity of any Law that can be made to the contrary to the great Diminution of their Money and Impoverishment of their People He farther adds that raising the denomination or value of our Coin will not bring one Grain of Silver the more into England This is denying it's day when the Sun shines and begging the Gentleman's Pardon he might with as much truth have said and as easily been believ'd that the advance of Guineas hath not brought one Guinea more into the Kingdom than was here four years ago The further Objections against raising the value of our Coin 't is humbly thought will also prove a Fallacy and by this Dilemma we will attempt to unLOCK the Mystery The ancient Standard of our Coin hath been advantage or disadvantage to the Kingdom If an advantage why should we alter it If a disadvantage why should it not be alter'd That the Standard of our Coin hath been advantagious to the Publick will be a Task too difficult for themost cunning Sophisterto prove The contrary is in great part already demonstrated but for further Confirmation 't is observable that according to Mr. Lowndes's Accompt from the Mint there was coin'd from the 1st of Q. Eliz. to the beginning of K Ch. IIs Reign more than 15 Millions of Pounds Sterling and in the two last Reigns and since we 'll suppose 7 Millions that is 22 Millions of Silver Coin in Specie besides great quantities of Bullion that hath been imported and exported Now the question is what is become of all this Treasure 'T is true that some part of it is made into Plate and it had been well in the present Circumstances we are in if it had all been so and there is thought to be in the Kingdom 5 Millions lest of Coin good and bad of the 22 Millions the rest is gone by the over Ballance of an unprofitable Trade for 1000 l. sent to Burdeaux advances at first hand more than 25 per Cent. and though a double value of Wine return yet we are so much the Poorer for it if expended here and 1000 such Merchants would rob the publick stock of 100000 l. yearly and tho they pay great Sums for Customs 't is not with the Money they bring in and more laudable and profitable ways for the publick good and his Majesties encrease of Customs might be introduced and all the profit we can expect by this French Commodity for 100000 l. yearly Exported is that possibly at last we may find a way to make Salt-peter of it A Catalogue of the Names of most Foreign Coins with their Value here as Bullion and their particular Allay wherein it plainly appears how much better our standard Coin is than the Coin of all Europe Spain only Excepted Value here   Oun. dw Oun. dw   s. d.   Flanders or Spanish Duckatoon is Better 0 04 ½ 5 06   Mexico Real is Standard 0 00   4 04 ½ Sevil Real is better 0 01   4 04 ½ Holland Dollar is worse 0 08   4 04   Lyon Dollar is worse 2 03   3 04 ½ Rix-dol of the Emp. is worse 0 07 ½ 4 05 ¼ Old Cardecu is worse 0 01   1 06 ¼ French Lew. or Crow is worse 0 00 ½ 4 04 ¼ Doub Milrez of Portu is worse 0 01 ½ 3 09 ¼ Sing Milrez of Portu is worse 0 01   1 09   S. Mark of Venice is worse 0 01 ½ 2 06   Doub D. Stivers Skil and Gilders is worse 4 06   0 00   Crols Dollar is worse 0 12   4 02 ½ Zealanu Dollar is worse 2 00   2 03   Old Philip Dollar is worse 1 00   5 00   Ferdinan Dollar 1623 is worse 0 12 ½ 4 03   Pr. of Oran Dol. 1624 is worse 0 10 ½ 4 03 ¼ Leopoldus Dol. 1624 is worse 0 09 ½ 4 03 ¼ Rodolph Dol. 1607 is worss 0 10   4 04   Maximilian Dol. 1616 is worse 0 04 ½ 4 04 ¼ Danish Dollar 1620 is worse 0 13   2 11 ¼ Portugal Teston is worse 0 01   1 02 ¼ Quar. of a new Fr. Lew. is worse 0 00 ½ 1 01   The Allay of our standard is 11 oun 2 wt Silver 18 d wt of Allay that is in an oun 1 d. ½ Note the Ounce is 5 s. and peny weight is 3 pence The Use that may be made of this Catalogue of Coins is first that no Coin but Spanish can be brought hither to advantage nor can any other Money be made Bullion and brought hither but with great loss and for this reason they keep it at home That tho all the above Foreign Coins have a greater Allay and so much worse than ours yet their Extrinsick value is raised above ours and the Spanish Money for a Spanish Duckatoon whose Intrinsick value is nigh double a Dutch Duckatoon yet goes for no more there than 63 Stivers as their own does and 't is worth Remarking that an English Crown whose intrinsick value is 6d better than a French Crown and in Holland current for 55 Stivers when the Fr. Crown is current at 67 ½ Stivers and yet have but few of them neither the Reason is plain the advance the Fr. have made on their Crown of 72 73 74 Sols and more now and since all Princes have a Prerogative of raising their Coin when it suits with their Interest and we find it practically done by all the rest of the Thriving World without those Chimerical Whimsies and Inconveniences our Dreamers would bewitch the World to believe for they value the English and Spanish Coin at no greater price because they can have it so and they give so much more for the French because they can't have it without By this Table may be found how much