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
By a Statute 4th and 5th W. and M. twenty Shillings _per_ Ton was laid on
_Lapis Caliminaris_ dug here and Exported, on an Information given to the
House of Commons, that it was not to had any where else; the Merchants
concerned in exporting that Commodity, made Application, and set forth,
that such a Duty would bring in nothing to the Crown, but be a total Bar
to its Exportation; yet the Act past, and we were like to have made a
fatal Experiment; for till the Statute of the 7th and 8th of the same
King, which reduced the Duty to two Shillings _per_ Ton, the Exportation
ceased; and in the mean Time, those Places which had been discouraged
from digging, and calcining it, because we undersold them, set again to
work, and supplied the Markets where we vended ours.
What Injury was done by the Act made in the 9th and 10th W. III. for the
more effectual preventing the Importation of Foreign Bonelace, &c. doth
sufficiently appear by the Preamble of that made in the 11th and 12th of
the same Reign, for repealing it three Months after the Prohibition of
our Woollen Manufactures in _Flanders_ (which was occasioned by it)
should be there taken off; but I don’t understand that is yet done, and
it may prove an irrecoverable Loss to the Nation.
I mention these Things with great Submission to the Judgment of that
glorious Assembly, the Wisdom and Strength of the Nation; to whom I only
presume with all Humility to offer my Thoughts, that it would very much
tend to the putting Matters of Trade into a true Light before them, if
they were first referred to a Body of Men, well versed in the true
Principles thereof, and able to see through the Sophistical Arguments of
contending Parties, to be by them considered, and well digested, before
they received the Sanction of a Law.
And as to foreign Treaties; I do not think our Trade hath been so much
bettered by them as it might have been, for want of such a Committee; the
Representations made by private Merchants, (who generally differ
according as their Interests clash with each other) tending rather to
distract, than to inform the Government; which would not be, if their
first Applications were made to an experienced Committee, who had
Judgment enough to substract out of them what was proper to be offer’d;
by which means, our Demands might be rendered short and comprehensive.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account