An Essay on the State of England: In Relation to Its Trade, Its Poor, and Its Taxes, for Carrying on the Present War Against France — John Shaqi
An Essay on the State of England: In Relation to Its Trade, Its Poor, and Its Taxes, for Carrying on the Present War Against FranceCary, John
History
An Essay on the State of England: In Relation to Its Trade, Its Poor, and Its Taxes, for Carrying on the Present War Against France
Cary, John
Great Britain -- Commercial policy; Poor -- England
As for the _Iron_ and _Counterfeit-Money_, (which is supposed to be about
a Million) it must be lost to those who have it; and I suppose a Tax of
about Fifteen Hundred Thousand Pounds will make good the other.
[Sidenote: By discouraging Stockjobbing.]
9. By discouraging _Stockjobbing_; This hath been the Bane of many good
Manufacturies, which began well, and might have been carry'd on to
Advantage if the Promoters had not fallen off to selling Parts, and
slighted the first Design, winding themselves out at Advantage, and
leaving the Management to those they decoyed in, who understood nothing
of the thing, whereby all fell to the Ground; This may be prevented (I
mean so far as concerns Corporations) by Laws framed for that end, or by
Clauses in their Charters.
[Sidenote: By taking away Priviledged Places.]
10. By taking away all Priviledged Places, and making it easier for
Creditors to recover of their Debtors; Men now betake themselves to
Sanctuary, and spend what they have at defiance with those to whom they
owe it; on the other side if Laws were made for the more equal
Distribution of the Estates of those who fall to decay, with a Reserve of
some part thereof to themselves on a fair Discovery, and a force on the
minor part of the Credits to agree with what Composition should be made
by the major, so many People would not then be necessitated to such
Methods, or be ruined by lying in Goals, as now there are, but be enabled
to put themselves again into ways for a future Maintenance; Misfortunes
may and often do befal industrious Men, whose _Trades_ have been very
beneficial to the Nation, and to such a due Regard ought to be had; but
for those who design under the shelter of a Protection or Priviledge to
spend all they have, and thereby cheat their Creditors, no Law can be too
severe.
[Sidenote: By preventing Exportation of Wool.]
11. By strengthening the Laws against Exportation of Wool by such
practicable Methods as may prevent its being done; and such may be
thought on; for when a Nation's Interest doth so much depend thereon, no
Care can be too great, or Methods laid too deep; Laws concerning _Trade_
whose sole Strength are Penalties (and especially such as end in Death)
rarely reach the thing aimed at; but practicable Methods, whereby one
thing answers another, and all conspire to carry on the same Design,
hanging like so many Links in a Chain, that you cannot reach the one
without stepping over the other, these are more likely to prevent
Mischiefs; Its one thing to punish People when a Fact is done, and
another to prevent the doing it by putting them as it were under an
impossibility; now where the Welfare of the Kingdom lies so much at
Stake, certainly it cannot be thought grievous to compel a submission to
good Methods, though they may seem troublesom at first.
Public-domain text, read in full here on John Shaqi.
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