What _prodigious Advantage_ would it be to the _Nation_, to have a _Supply_ from our own _Colonies_ with those _Naval Stores_, which we have now from _Denmark_, _Sueden_ and _Muscovy_; and to save the Expence of so much _Money_ as those Trades cost us, and no longer to be at the Mercy of any _Foreign Prince_? And could we gain a Balance of _Trade_, we may hope to retrieve our selves from all the _Difficulties_ we seem to labour under. But at present, we have not the Balance with any one Nation, except _Portugal_. Now if this be the Case, it cannot be thought that an _Over-Balance_ there, can answer the _Balance_ that all _Europe_ has against us. But Luxury in the Use of _Foreign Importations_ being discourag'd, we may reasonably expect to have a _Flourishing Trade_, which will bring Mines of _Gold_ and _Silver_ into our Coffers; all other Arts and Schemes having no _Foundation_, and nothing but _Destruction_. That _Foreigners_ take the Advantage of us, by the _Rising_ and _Falling_ of our _Stocks_; nor can the _Evil_ be remedied, but by fixing them down at a _certain Price_ that they shall be bought or sold; _viz._ _Bank_-Stock at _One Hundred and Twenty Five_ per Cent. And for that Sum, the said Corporation may divide _Common Interest_, but never more. That the Surplus of _Profit_ be, to make good the Value of _One Hundred and Twenty Five Pounds_, at the Time the said _Bank_ shall be paid off by the _Government_. _India_ Stock at _One Hundred and Twenty Five_ per Cent. And that Corporation never to _divide_ more than _Common Interest_ for that Sum: The Remainder of _Profits_ accruing by that Trade be, for the better _Maintenance_ of their _Factories_, and the Extending of their _Trade_ in _India_. _South-Sea_ Stock at _One Hundred and Twenty Five_ per Cent. (if the said Corporation be put in _Statu quo_) that the said Corporation may never _divide_ more than _Common Interest_: The Remainder to carry on a Trade to such Parts and Places, as shall be thought most advisable, and to establish _Colonies_ for the Good of the Kingdom in general. Or otherwise, _Trade_ and _Industry_ will be discourag'd, and _Luxury_ and _Idleness_ be our Ruin. * * * * * The _Hollanders_ are more Political in _Trade_ than we; and they being so near us, and we having with each other so great a _Trade_, and they so largely in our _Stocks_, that unless we have an _Agio_ settled, as they have, (that is, that there be a _Difference_ between the Current Cash and the _Bank_-Money) we shall never preserve our Coin. Nor will Trade ever _flourish_, or Credit _revive_, unless a Liberty be given to all _Bodies Corporate_ and _Collective_ to Transfer as usual. * * * * *