An Essay Towards Regulating the Trade, and Employing the Poor of This Kingdom: Whereunto is Added, an Essay Towards Paying Off the Publick Debts — John Shaqi
An Essay Towards Regulating the Trade, and Employing the Poor of This Kingdom: Whereunto is Added, an Essay Towards Paying Off the Publick DebtsCary, John
History
An Essay Towards Regulating the Trade, and Employing the Poor of This Kingdom: Whereunto is Added, an Essay Towards Paying Off the Publick Debts
Cary, John
Great Britain -- Commercial policy; Great Britain -- Economic conditions -- 18th century; Poor -- Great Britain
only stand in the way, and are useless, when they are most wanted;
Nor do I take Embargoes to be any helps towards it, for many Sailors
do then lye hid, who would appear to serve in Merchant Ships, and
might be easily met with at the return of their Voyages; By these
means in a short time there would be a double set of Mariners, enough
both for the Service of the Fleet and of Trade, the last of which
would every Year breed more.
This would also prevent great Mischiefs, which arise from pressing
Sailors out of Merchants Ships whilst on their Voyages, many of them
being thereby lost at Sea, and others have been detained in the
_West-Indies_, to the discouragement of Trade; And it would also
prevent an other Mischief, too much Practiced abroad, where Captains
of Men of War press Sailors from one Merchant Ship, only to make
Advantage by Selling them to another.
[Sidenote: Outland Trade.]
I come now to our Outland Trade, or the Trade we drive with Foreign
Countries.
[Sidenote: How this Kingdom may be said to be enrich’d by our
Outland Trade.]
Here ’tis necessary to enquire, how each doth encourage our Product
and Manufactures, how our Navigation, what Commodities we receive in
Returns, and how the Ballance of our Trade stands with either, that
so we may be the better able to know, which of them we ought to
encourage, and which to discourage; I shall therefore lay down such
general Rules, as I presume will be allowed by all Unbiassed Persons;
as,
1. That Trade is an Advantage to this Kingdom, which takes off our
Product and Manufactures.
2. Which supplies us with such Commodities as we use in making our
Manufactures, and encreases our Bullion.
3. Which Incourages Navigation, and breeds up Sailors.
And consequently, any Trade which Exports little or none of our
Product or Manufactures, nor supplies us with things necessary for
the latter, nor Incourages Navigation, cannot be supposed to be
profitable to the Kingdom in General, tho’ perhaps it may be so to
particular Persons; especially if it carries away our Bullion.
[Sidenote: East-Indies.]
Public-domain text, read in full here on John Shaqi.
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