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 Ballance of that and the _East-India_ Trade, is always against us,
from whom we have in Goods more than we ship them, and therefore must
lessen our Bullion; the Ballance of _Spain_ and _Portugal_ is always in
our Favour, and therefore must encrease it; as for the _Dutch_,
_Germany_, and _Hamburgh_, their Ballances are not yet agreed on; some
think we ship them most, others, that we receive most from them; I
incline to the former: The Northern Crowns supply us with more than they
take from us, but they are Commodities we can’t be without, at least,
till we can be better furnish’d with them from our Plantations in
_America_; _Turkey_ may require some Bullion, yet the Trade we drive
thither is very beneficial to us; _Italy_ will grow more and more in its
Ballance on our Side, as the Importation of wrought Silks is lessen’d,
and turn’d into raw and thrown. Now considering, that almost the whole
World is supplied by our Labour, and that our Plantations do daily bring
us such Incomes, ’tis strange, if this Nation should not grow rich,
which doubtless it would do above all our Neighbours, were our Trade
rightly looked after.
[Sidenote: What Nations chiefly cope with us in our Manufactures.]
Those who cope with us in our Manufactures, are chiefly the _French_; but
let due Care be taken to prevent their being supplied with Wool from
hence, and from _Ireland_, and we shall soon see an Alteration therein:
’Tis true, they have Wool of their own, but they cannot work it without
ours or _Irish_: The Commodities they make, are generally slight Stuffs,
wherein they use a great deal of Combing Wool; and these they not only
wear themselves, but send them to _Portugal_, and other Parts, with good
Success; to countermine which, We have fallen on making them, by
Assistance of the _French_ Refugees; I wonder at the Fancies of those
Men, who are always finding Fault, that we do not make our Manufactures
as strong as formerly we did, wherein I think they are to be blamed, for
we must fit them to the Humours of the Buyers, and slight Cloth brings as
much Profit to the Nation as strong, and the same Employment to the Poor;
yet where Seals and other Marks are set, let them be certain Evidences to
the Truth of what they certify, either as to the Length of the Piece, or
that the Inside is suitable to the Outside, or that ’tis truly wove,
and without Flaws; the same with respect to the Colour, that ’tis
woaded, or madder’d, or the like: But there is a great deal of
Difference between this, and obliging the Manufacturer to make his Cloth
or Stuff to a certain Weight and Thickness, without respect to the Buyer,
or the Climate to which it is sent. As for the _Dutch_, as I take them to
be no good Planters, so likewise no good Manufacturers, their Heads are
not turned that Way, but rather to Traffic and Navigation. The
_Flanderkins_ were once famous in the Art of Cloth-making, which they
carried on by the Wool they fetch’d hence: But King _Edward_ the Third,
Public-domain text, read in full here on John Shaqi.
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