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
Neighbouring Nations, and sold as cheap as in _England_.
[Sidenote: By making Bonds and Bills Assignable.]
12. By making _Bonds_ and _Bills_ assignable, and being Assigned and
Transferred from one to another, the Assignee to be capable in his own
Name to Prosecute the Debtor whose _Bond_ or _Bill_ it is, without using
the Name of the Assignor, or any _Letter of Attorney_ from him to require
or recover the same; by this means young Men of small Stocks and Credits
may on sale of their Goods and taking _Bills_ for Payment return to
Market again, and purchase with those _Bills_ such Commodities as they
want to carry on their _Trades_; this also will produce a great
Punctuality amongst Traders, for all Men to keep up the Reputation of
their _Bills_ will endeavour to be exact in their Payments, that so they
may be currant, and freely accepted in Commerce, every One's Credit will
then be esteemed according as he is punctual in the payment of his
_Bills_; Besides, this Punctuality will produce another good effect,
those _Bills_ will be bought up by mony'd Men for the Advantage of their
discount, and it will by degrees lessen the Extortion of Usurers.
[Sidenote: By confining to a method in Trade.]
13. By prohibiting Persons from following several Trades at once, _viz._
The Merchant from being a Shopkeeper or Retailer, and the Shopkeeper from
being a Merchant or Adventurer at the same time; hereby each Trade would
be better managed, and with more Advantage to both, for whilst the
Merchant employs his Stock abroad in Exporting the Commodities of the
Kingdom, and supplying it with others, the Retailer would keep his at
home, ready to buy up those Imports, and disperse them into the Country,
and both would go on unanimously in their Trades, because neither would
interfere in the others Business.
[Sidenote: My managing Treaties of Peace to the Advantage of Trade.]
Public-domain text, read in full here on John Shaqi.
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