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
It is not to be doubted, whether the vending our Manufactures, and
encouraging our Navigation, on advantagious Terms, are the true Interest
of this Kingdom, and that all Foreign Commerce, as it advances either, is
more or less profitable to us; but the confining this Trade to an
exclusive Company could promote neither; and I believe ’tis one great
Reason, why we know so little of that great Continent, because the
Company, finding Ways enough to employ their Stock amongst those few
Settlements they had made on the Sea-Coast, never endeavoured a farther
Inland Discovery; whereas, now the Trade is laid open, the busy Merchant,
that industrious Bee of the Nation, will not leave any Creek or River
untraded to, from whence he may hope to make Advantage.
’Tis to Trade and Commerce we are beholding for what knowledge we have
of foreign Parts, and it is observable, that the more remote People dwell
from the Sea, the less they are acquainted with Affairs abroad. _Africa_
is a large Country, and doubtless the Trade to it, may be much enlarged
to our Advantage: Use and Experience, make us by degrees, Masters of
every thing, and tho’ the first Undertakers of a Design may fall short
of answering their private Ends, yet they often lay open beaten Paths,
wherein Posterity do tread with Success, though they miscarried: Now that
all Places are permitted freely to send Ships, and to have the Management
of their own Affairs, Industry is encouraged, and Peoples Heads are set
at work how they may out-do each other, by getting first into a new Place
of Trade. Besides, the more Traders, the more Buyers at home, and Sellers
abroad, and by this means, our Plantations on the large Continent of
_America_, are better furnished with Negroes, for want of which the
Inhabitants there could never arrive to those Improvements they have done
on the Islands, the Company having given them little or no Supply, but
chose rather to send their Negroes to the latter, because they were able
to make them better Payments; but the Free-traders have since done it, to
the great Advantage of those Plantations, and of the Nation in general.
As for the other Commodities brought in returns from _Africa_, _viz._ Wax
and Teeth, one serves for a foreign Export, without any Disadvantage to
our own Product; and the other is manufactured at home, and afterwards
carried to Markets abroad: And as for the Gold brought thence, I need not
mention how much it doth advance our Wealth, all allow it to be a good
Barter.
On the whole, I take the _African_ Trade, both for its Exports and
Imports, and also, as it supplies our Plantations, and advances
Navigation, to be very beneficial to this Kingdom, and will every Year
grow more so, if it remains open.
[Sidenote: Ireland.]
Public-domain text, read in full here on John Shaqi.
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