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
Nor will this be attended with so much Trouble and Charge to the Nation
in general, or to private Persons in particular, as may at first be
thought: The Time of Sheering being once a Year, those who keep Sheep may
give Notice to the Officer appointed for that District, of the Number of
Sheep they have to sheer, and the Day whereon they intend to do it, that
so he may be present to see the Fleeces weighed, and to charge them
therewith; which Charge must remain upon them till they sell their Wool,
and give Notice thereof to the Office, when the next Buyer must be
charged, and so _toties quoties_, till it comes into the Hands of him
that works it up; and all this may be done by the Officers of the Excise,
in such a manner, as may cost the Nation little.
And to prevent Frauds, let no parcel of Wool above such a Weight as the
Parliament shall think fit, be carried from place to place, but in the
day time, nor without a Letpass, or Cocket, setting forth from whence it
came, and whither it is going; and the same Method must also be extended
to _Ireland_, till it is either used there, or shipt thither; and if the
Wool of both Kingdoms by these or any other Methods could be secured from
being carried abroad, our Manufactures would find a surer Vent in foreign
Markets, and yield better Prices: And the Wool of _France_ would lye on
their Hands, and become almost useless; the Credit of the Nation would be
raised, and our Factories abroad courted as much as formerly they have
been, because the Manufactures we ship out are such, as no Nation can be
without, nor can they then be well supplied elsewhere; they are not
things only for Pleasure, but for Use, and both the Rich and the Poor
stand in need of them; whilst the Profit of this pernicious Practice of
Shipping out the Wool, is sunk in the Pockets of private Men, who former
Laws accounted Felons, and cannot be thought to deserve any favour from
the Nation.
Besides ’tis well known, that the exporting our Wool hath by the ill
Consequences thereof abated its Price at Home: This hath been observed by
Calculations made by considerate Men; and the Reason is, because those
Countries whither it is shipt; being thereby enabled to work up much
larger Quantities of their own, the Sale of our Manufactures are grown
slack abroad, and we have been forced to sell them cheaper, which beat
down the Prices both of Wool and Labour; whereas if we had kept our Wool
at Home, this had been prevented; and it must be allowed, that it was not
our Interest to fall our Manufacturers, if we had been the only Sellers;
for according as they yield in Price, so is the Wealth of the Nation
advanced, which our Forefathers well knew, when they made Laws to
prohibit the Exportation of Wool, which cannot be too much strengthned,
or strongly put in Execution.
[Sidenote: By managing Treaties of Peace to the Advantage of Trade.]
Public-domain text, read in full here on John Shaqi.
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