The next thing we will enter on is the Trade driven to _Maderas_; and here tho' I must confess I am in my own Judgment no Friend to Monopolies, and have not yet seen any reason to alter my Opinion, yet as that destructive Element of Fire may and often is used to Advantage in its proper place, and Poyson with Correction makes good Physick, so the ends of a Monopoly being truly answered, it may sometimes be very serviceable, such as are the vending our own Manufactures at good Rates in Foreign Markets, whilst for them we receive in Barter the Product of another Nation at reasonable Prices; And this effect cannot be produced by incorporating any Trade into a joynt stock so naturally as that of _Maderas_, where by the late ill management of our Factors things are come to such a Pass, that nothing less than this can recover it into a good Method, the Inhabitants of that Island by the others Imprudence have gotten so much Advantage of us that they take off little of our Woollen Manufactures, whilst on the other side we buy their Wines for Money, which heretofore we purchased in Truck; a Commodity loaden off thence chiefly by the _English_ Nation, for the _Dutch_ ship little, the _French_ less, the remainer (except what is spent on the Island, or sent to Brazile) is drank in our Plantations; and yet we are treated by them, not as though they depended on us, but rather as if they thought we could not live without their Wines, prohibiting sometimes one part sometimes another of our Manufactures, instead whereof they supply themselves from _Lisbon_, with things tho' not so good, yet such as they content themselves with to promote Manufactures of their own, so wise are other Nations to choose rather to wear what is made amongst themselves than what is brought by Strangers, tho' better in its kind; whilst we preferr any thing that comes from abroad, only because it does so. But then great care must be taken that the Profit of this Monopoly doth redound to the Nation, and not only to the enriching private Persons, and that it be continued no longer than it appears to be for the public Good, and a fair Account must be given that the quantity of Manufactures carried hence do in some measure equalize the Wines loaden thence, also that the Plantations abroad be supply'd at reasonable Rates; By this means the _English_ being the only Buyers, and they having put the Trade into one Hand, may sell their Manufactures for better Prices, and set the Rates of the others Wines, and consequently afford them cheaper in our Islands; Thus whereas those two Monopolies of the _East-India_ and _African_ Companies prey only on their fellow-Subjects, this would make its Profits on a Foreign People; besides it would as it were create a new Market in a place where our Manufactures are almost disused.