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
The Ballance of That and the _East-India_ Trade is always against us,
from whom we have in Goods more than we Ship them, and therefore must
lessen our Bullion; The Ballance of _Spain_ and _Portugal_ is always
in our Favour, and therefore must encrease it; As for the _Dutch_,
_Germany_, and _Hamburgh_, their Ballances are not yet agreed on;
some think we Ship them most, others, that we receive most from them;
I incline to the former; The Northern Crowns supply us with more than
they take from us, but they are Commodities we can’t be without, at
least, till we can be better furnish’d with them from our
Plantations in _America_; _Turkey_ may require some Bullion, yet the
Trade we drive thither is very beneficial to us; _Italy_ will grow
more and more in its Ballance on our side, as the Importation of
wrought Silks is lessen’d, and turn’d into Raw and Thrown. Now
considering, that almost the whole World is supplied by our Labour,
and that our Plantations do daily bring us such Incomes, ’tis
strange if this Nation should not grow Rich, which doubtless it would
do above all our Neighbours, were our Trade rightly looked after.
[Sidenote: What Nations chiefly cope with us in our Manufactures.]
Those who cope with us in our Manufactures are chiefly the _French_,
but let due care be taken to prevent their being supplied with Wool
from hence and from _Ireland_, and we shall soon see an Alteration
therein; ’Tis true they have Wool of their own, but they cannot
work it without ours or _Irish_: The Commodities they make are
generally slight Stuffs, wherein they use a great deal of Combing
Wool; and these they not only wear themselves, but send them to
_Portugal_, and other Parts, with good Success; to countermine which
we have fallen on making them, by Assistance of the _French_
Refugees; I wonder at the Fancies of those Men, who are always
finding fault, that we do not make our Manufactures as strong as
formerly we did, wherein I think they are to be blamed, for we must
fit them to the Humours of the Buyers, and slight Cloth brings as
much Profit to the Nation as strong, and the same Employment to the
Poor; yet where Seals and other Marks are set, let them be certain
Evidences to the truth of what they certifie, either as to the Length
of the Piece, or that the Inside is suitable to the Outside, or that
’tis truly Wove, and without Flaws; the same with respect to the
Colour, that ’tis Woaded, or Madder’d, or the like, But there is
a great deal of Difference between this, and obliging the
Manufacturer to make his Cloth or Stuff to a certain Weight and
Thickness, without respect to the Buyer, or the Climate to which it
is sent; As for the _Dutch_, as I take them to be no good Planters,
so likewise no good Manufacturers, their Heads are not turned that
way, but rather to Traffick and Navigation; The _Flanderkins_ were
once famous in the Art of Cloth-making, which they carried on by the
Wool they fetcht hence: But King _Edward_ the Third, by keeping our
Public-domain text, read in full here on John Shaqi.
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