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
It is not to be doubted but that the Vendding our Product and
Manufactures and promoting our Navigation on advantageous terms is the
true Interest of this Nation, and all Foreign Commerce as it advances
either is more or less profitable, now the Confinement of the _African_
Trade to a limited Stock promotes the ends of neither, and I believe 'tis
one reason why we know so little of that large Continent, because the
Company finding ways enough to employ their Fund among those few
Factories they had setled on the Sea Coast never endeavoured a farther
_Inland_ Discovery, whereas if it was laid open, the busie Merchant that
Industrious Bee of the Nation would not leave one River or Creek untraded
to, from whence he might hope to make Advantage.
It's to Trade and Commerce we are beholding for what Knowledge we have of
Foreign Parts, and it is observable that the more remote People dwell
from the Sea the less they are acquainted with Affairs abroad; _Africa_
is a large Country, and doubtless the Trade to it might be much enlarged
to our Advantage, and better Settlements made and secured if good Methods
were taken; Use and Experience make us at last Masters of every thing;
and tho' the first Undertakers of a Design fall short of answering their
private Ends, yet they may not the Ends of the Nation, by laying open a
beaten Path for Posterity to tread in with Success where they miscarry'd;
when all places in _England_ may freely send Ships, and be permitted to
the management of their own Affairs, this encourages Industry, and sets
Peoples Heads at work how they may outdo each other by getting first into
a new Place of Trade; besides, the more Traders the more Buyers at Home
and Sellers Abroad, and by this means our Plantations on that large
Continent of _America_ would be better furnished with _Negroes_, for want
of which the Inhabitants there could never arrive to those Improvements
they have done in the Islands, the Company having given them little or no
Supply, who rather chose to send them to the latter, because they were
able to make better Pay; But the Interlopers have done it, tho' under
great discouragements from the Company and their Factors, who like the
Dog in the Fable, would neither supply those Plantations themselves, nor
suffer others to do it.
As for the other Commodities brought in Returns from _Africa_, Wax and
Teeth, one serves for a Foreign Trade without lessening the Expence of
our own Product, the other imploys our Manufacturers at home, and is
afterwards Exported to other Markets; and as for the Gold brought thence,
I need not mention how much it doth advance our Wealth, all agree it to
be a good Barter.
On the whole I take the _African_ Trade both for its Exports and Imports,
and also as it supplies our Plantations, and advances Navigation, to be
very beneficial to this Kingdom, and would be made much more so, and
better secured, were it laid open by being formed into a Regulated
Company.
[Sidenote: Maderas.]
Public-domain text, read in full here on John Shaqi.
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