A Discourse on Trade, and Other Matters Relative to it — John Shaqi
A Discourse on Trade, and Other Matters Relative to itCary, John
History
A Discourse on Trade, and Other Matters Relative to it
Cary, John
Great Britain -- Commerce -- Early works to 1800; Great Britain -- Commercial policy -- Early works to 1800
These Products are all clear Profit to the Nation, being raised from
Earth and Labour; but their chief Advantages arise from their being
exported, either in their own Kinds, or when wrought up, the Remainder,
which is spent at home, tending rather to supply our Wants, than to
advance our Wealth: Which Exports being more or less, according to the
Price they bear in other Countries, and those arising from the Proportion
their Lands holds with ours in their Yearly Rents, are not so great in
Specie, as when wrought up. Butter is the chiefest, wherewith we supply
several Foreign Markets, and did formerly more, till by making it bad,
and using Tricks to encrease its Weight, we lost much of that Trade, and
are now almost beaten out of it by _Ireland_, which every Year makes
theirs better; besides, they undersell us in the Price, as they do also
in Beef, occasioned by the low Rents of their Lands.
’Twas the Act of Prohibition made formerly in _England_, that first
ushered them into a Foreign Trade, their sole Dependance before that Time
being on our Markets, and from hence they were supplied with what they
wanted; but being thereby prohibited from bringing hither their Cattle
and other Provisions, they endeavoured to find a Vent for them in other
Markets, which they did with good Success, and to more Advantage; the
Sweetness whereof gave a Spring to their Industry, and put them on the
Woollen-Manufactures, which they also vended where they exported their
Provisions, till in time it became so great and flourishing, as to give
us Apprehensions it would endanger ours.
[Sidenote: Corn.]
As for Corn; foreign Markets are supplied therewith, both from thence,
and from the Islands of the _Azores_, cheaper than the Rents of our Lands
will admit; but our Plantations have still some Dependance on us for our
Product, and as the Lands of _Ireland_ rise in their yearly Value, they
will have more. We also raise considerable Quantities of Hemp and Flax,
both which are useful in our Trade.
[Sidenote: Fruits.]
The other Fruits of the Earth, such as Apples, Pears, Cherries, Plumbs,
together with the Herbs and Plants, serve rather for Food and Delight
than for Trade: Some Cider we do export; also Spirits raised by the
Distillers, both from some of these, and from Barly.
[Sidenote: Fish.]
On the Sea-Coast both of this Kingdom, and also of _Newfoundland_, and
_New-England_, are caught great Store of Cod-Fish, Herrings, and
Pilchards, which are saved, and sold in foreign Markets.
[Sidenote: Minerals.]
Nor is this all the Product of our Earth, whose Womb being big with
Treasure, brings forth Lead, Tin, Copper, Calamy, Coal, Culm, Iron,
Allom, Copperas, and sundry other Minerals, which are sold in foreign
Markets, whither we send them: Besides a great Expectation we have from a
much richer and more valuable Discovery, lately made in that Part of
_Great-Britain_ called _Scotland_.
[Sidenote: Trees.]
Public-domain text, read in full here on John Shaqi.
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