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 Design of this little Treatise, is to dissect and lay open the Trade
of this Kingdom, as it is now driven, that so those Branches that shall
appear to be Profitable may be Encouraged, and those that are Otherwise
may be Amended.
The Profits of this Kingdom arise from its Product and Manufactures at
Home, and from the Growths of those several Plantations it hath settled
Abroad, and from the Fish taken on the Coasts, all which being raised by
the Industry of the People, are both its true Riches, and the Tools
whereby it Trades to other Nations, the Products coming from the Earth,
and the Manufacturing of them being an Addition to their Value by the
Labour of the People; now where we barter these Things abroad for such as
are only fit to be eat and drank, or are wasted among ourselves, though
one Man may get by the Luxury of another, yet the Wealth of the Kingdom
doth not encrease; but it is otherwise where we change them for Bullion,
or for Commodities fit to be manufactured again.
[Sidenote: Its Original.]
The first Original of Trade both Domestic and Foreign was Barter, when
one private Person, having an Overplus of such Things as his Neighbour
wanted, furnished him therewith for their Value in such whereof the other
had plenty, but he stood in need of the same, when one Nation abounding
in those Products which another wanted, supply’d it therewith, and
received for them Things equally necessary in their stead; and by how
much the Products of any Nation exceeds its Wants, by so much it grew
richer, the Remainder being sold for Bullion, or some Staple Commodity,
allowed by all to have an intrinsic Value.
And as People encreased, so did Commerce, which caused many to go off
from Husbandry to Manufactures, and other Ways of Living, for Convenience
whereof they began Communities: This was the Original of Towns, which
being found necessary for Trade, their Inhabitants encreased by
Expectation of Profit; this introduced Foreign Trade or Trafic with
neighbouring Nations; and this a Desire to settle rather on some
navigable Rivers, than in remote Inland Places, whereby they might be
more easily supply’d from the Country with Commodities fit to export,
and disperse thither those they had imported from abroad.
[Sidenote: The Trade of this Kingdom.]
I shall now take the Trade of this Kingdom, as it is divided into
Domestic and Foreign, and consider each, and how they are advantagious to
the Nation, and may be made more so.
[Sidenote: Inland Trade.]
[Sidenote: Buying and Selling.]
Public-domain text, read in full here on John Shaqi.
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