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
The _Dutch_ likewise Buy many of our Manufactures, and much of our
Product, as Coals, Butter, Lead, Tin, besides things of smaller Value,
such as Clay, Redding, &c. which are exported to _Holland_, not only for
their own use, but being a Mart of Trade for _Germany_, they disperse
them for the Expence of those Countries; among whom they also Vend our
_West-India_ Commodities, such as Sugar, Tobacco, Indigo, Logwood,
Fustick, Ginger, Cotton-Wool, besides what they use themselves; they are
an industrious People, but having little Land, want Product of their own
to Trade on, except what they raise by their Fisheries, or bring from the
_East-Indies_, whereof Spices and Salt-Petre are many times admitted to
be brought hither, tho’ contrary to the Act of Navigation; indeed the
Trade of the _Dutch_ consists rather in Buying and Selling than
Manufactures, most of their Profits arising from that, and the Freights
they make of their Ships; which being Built for Burthen, are imployed
generally in a Home-Trade, for bulky Commodities, such as Salt from St.
_Ubes_ to the _Baltick_, Timber, Hemp, Corn, Pitch, and such sorts of
Goods thence to their own Country, which Ships they Sail with few Hands;
and this, together with Lowness of Interest, enables them to afford those
Commodities at such Rates, that they are often fetcht from them by other
Nations, cheaper then they could do it from the Places of their Growth,
all charges considered: ’Tis strange to see how these People Buz up and
down among themselves, the Greatness of whose Numbers causes a vast
Expence, and that Expence must be supplied from Abroad, so one Man gets
by another, and they find by Experience, that as a Multitude of People
brings Profit to the Government, so it creates Imployment to each other;
besides they Invent new ways of Trade, by selling, not only Things they
have, but those they have not, great Quantities of Brandy and other
Commodities being disposed of every Year, which are never intended to be
delivered, only the Buyer and Seller get or loose, according to the Rates
it bears at the time agreed on to make good the Bargain; such a Commerce
to this Kingdom would be of little Advantage, and would not advance its
Wealth more than Stock-jobbing, our Profits depending on the improving
our Product and Manufactures; but that Government raising its Income by
the Multitude of its Inhabitants, who pay on all they eat, drink and
wear, and almost on every thing they do, cares not so much by what
Methods each Person gets, as that they have People to pay; which are
never wanting from all Nations, for as one goes away, another comes, and
every temporary Resident advances their Revenue; therefore to increase
their Numbers, they make the Terms of Trade easy; contrary to the Customs
of Cities and private Corporations with us, the Narrowness of whose
Charters discourages Industry, and hinders Improvements both in
Handicrafts and Manufactures, because they exclude better Artists from
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