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
Now, That which makes these Plantations more Profitable to this
Kingdom, is the Trade to _Africa_, whereby the Planters are supplied
with Negroes for their Use and Service; a Trade of the most Advantage
of any we drive, and as it were all Profit, the first Cost being some
things of our own Manufactures, and others generally purchased with
them, for which we have in Return, Gold, Teeth, Wax, and Negroes, the
last whereof is indeed the best Traffick the Kingdom hath, as it
occasionally gives so vast an Imployment to our People both by Sea
and Land; These are the Hands whereby our Plantations are improved,
and ’tis by their Labours such great Quantities of Sugar, Tobacco,
Cotton, Ginger, Fustick and Indigo, are raised, which Imploy great
Numbers of Ships for transporting them hither; and the greater Number
of Ships, Imploys the greater Number of Handicrafts Trades at home,
spends more of our Product and Manufactures, and makes more Sailors,
who are maintained by a separate Imployment; for if every one raised
the Provisions he Eat, or made the Manufactures he Wore, Traffick
would cease, which is a variety of Imployments Men have set
themselves on, whereby one is serviceable to another, adapted to
their particular Genius’s, without invading each others Provinces;
Thus the Husbandman raises Corn, the Miller grinds it, the Baker
makes it into Bread, and the Citizen Eats it; Thus the Grasier Fats
Cattle, and the Butcher Kills them for the Market; Thus the Shepherd
Sheers his Sheep, the Spinster turns the Wool into Yarn, the Weaver
makes it into Cloth, and the Merchant exports it, and every one lives
by each other; Thus the Country supplies the City with Provisions,
and That the Country with Necessaries; Now the advising a former
Reign to monopolize this Trade, and confine it to an exclusive
Company, was the same, as to advise the People of _Ægypt_, to raise
high Banks to keep the River _Nilus_ from overflowing, lest it should
fertilize their Lands, or the King of _Spain_ to shut up his Mines,
least he should fill his Kingdom too full of Silver; This Trade
indeed is our Silver Mine, for by the Overplus of Negroes above what
will serve our Plantations, we draw great Quantities thereof from the
_Spaniards_ who are settled on the Continent of _America_, both for
the Negroes we furnish from _Jamaica_, and also by the Assiento,
lately settled by a compact of both Nations; ’Twas these which
first introduced our Commerce with that People, and gave us
Opportunities of Selling our Manufactures to them.
But tho’ this Trade be now laid open, yet it will not be amiss to
enquire what Reasons should perswade That Government to Monopolize
it, and what has been the Consequences thereof, in order to obviate
any future Attempts that may be made to get it done again.
As for the First; The necessity of having Forts, Castles, and
Soldiers to defend the Trade which could not be carried on without
them, had then Force enough to prevail.
Public-domain text, read in full here on John Shaqi.
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