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
By a Statute 4th and 5th W. M. Twenty Shillings _per_ Tun was laid on
_Lapis Caliminaris_ Dug here and Exported, on an Information given to
the House of Commons, that it was not to be had any where else; the
Merchants concerned in Exporting that Commodity made Application, and
set forth, that such a Duty would bring in Nothing to the Crown, but
be a total Bar to its Exportation; yet the Act past, and we were like
to have made a fatal Experiment, for till the Statute of the 7th and
8th of the same King, which reduced the Duty to Two Shillings _per_
Tun, the Exportation ceased; and in the mean time, those Places,
which had been discouraged from Digging and Calcining it, because we
undersold them, set again to Work, and supplied the Markets where we
Vended ours.
What Injury was done by the Act made in the 9th and 10th W. IIId. for
the more effectual Preventing the Importation of Foreign Bonelace,
&c. doth sufficiently appear by the Preamble of That made in the 11th
and 12th of the same Reign for repealing it Three Months after the
Prohibition of our Wollen Manufactures in _Flanders_ (which was
occasioned by it) should be there taken off; but I don’t understand
that is yet done, and it may prove an irrecoverable Loss to the
Nation.
I mention these things with great Submission to the Judgment of that
Glorious Assembly, the Wisdom and Strength of the Nation; to whom I
only presume with all Humility to offer my Thoughts, that it would
very much tend to the putting Matters of Trade into a True Light
before them, if they were first referred to a Body of Men, well verst
in the true Principles thereof, and able to see through the
Sophistical Arguments of contending Parties, to be by them
considered, and well digested, before they received the Sanction of a
Law.
And as to Foreign Treaties; I do not think our Trade hath been so
much bettered by them as it might have been, for want of such a
Committee; the Representations made by Private Merchants, (who
generally differ according as their Interests clash with each other)
tending rather to distract, than to inform the Government; which
would not be, if their first Applications were made to an
Experienc’d Committee, who had Judgment enough to subtract out of
them what was proper to be offer’d; By which means, our Demands
might be rendred short and comprehensive.
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