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
Wool at Home, put a stop to that Manufacture; If therefore the
Prohibiting our Wool to be carry’d out had at that time so good an
Effect and Consequence against those People, why should not our Care
to prevent its being carryed out now, have the same against the
_French_? we cannot indeed hinder them from _Spanish_, but we may
from our own and _Irish_; As for _Sweden_, I am apt to think their
Manufactures will come to little; And as for _Germany_, the Woollen
Manufacture is not so Natural to them as the Linnen, which they would
keep close to, if we gave them Encouragement, by wearing it here, and
sending it to our Plantations, which would be more advantagious to
us, than by the use of Muslins and Callicoes, to put them on Fencing
with us at our own Weapons, which they very unwillingly undertake;
The Woollen Manufactures in _Italy_ are but small, and those chiefly
among the _Venetians_, something among the _Genoese_, these we cannot
hinder, being supply’d with Wool from those Parts of _Spain_ which
are near them, except we could promote a Contract with the _Spaniard_
for all he hath, and if it should be objected, that we should then
have too much, ’tis better to burn the Overplus at the Charge of
the Publick, (as the _Dutch_ do their Spices) than to have it wrought
up abroad, which we can’t otherwise prevent, seeing all the Wool of
_Europe_ is Manufactured somewhere; and if the Act for Burying in
Woollen did extend to our Plantations in _America_, ’twould be of
great use towards the Consumption of our Wooll; Thus, when the Nation
comes to see, that the Labour of its People is its Wealth, ’twill
put us on finding out Methods to make every one work that is able;
which must be done, by hindring such swarms from going off to Idle
and useless Employments, and by preventing such Multitudes of lazy
People from being Maintained by Begging.
[Sidenote: Difference in Employing our own Ships and those of other
Nations.]
And this is farther to be noted in our Trade with Foreign Nations,
that where they fetch from us our Product and Manufactures, and make
their Imports to us, in their own Ships, we get less by the Trade we
drive with them, than if we did it in ours, because That doth also
Encourage our Navigation; and Freights are a great and profitable
Article in Trade; Therefore we get more by the _Spanish_ Trade,
because we generally drive it in our own Bottoms; and we lose more by
the _French_ Trade when they bring us their Wines and Brandy, than
when we fetch them ourselves; and accordingly we may take our
Measures in judging of all other Trades.
[Sidenote: Whether a true Judgment may be made of the Ballance of
Foreign Trade.]
Public-domain text, read in full here on John Shaqi.
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