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
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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
Besides which, there is a Cunning crept into Trades; The Clock-maker
hath improved his Art to such a degree, that Labour and Materials are
the least Part the Buyer pays for; The variety of our Woollen
Manufactures is so pretty, that Fashion makes a thing worth twice the
Price it is sold for after, the Humour of the Buyer carrying a great
Sway in its Value; Artificers, by Tools and Laves, fitted for
different Uses, make such things, as would puzzle a stander by to set
a Price on, according to the worth of Mens Labour; the Plummer by new
Inventions casts a Tun of shot for Ten Shillings, which might seem to
deserve Forty.
The same Art is crept into Navigation; Freights are much fallen from
what they formerly were at, and yet Sailor’s Wages are still the
same; Ships are built more for Stowage, and made strong enough to be
loaden between Decks, and Voyages are performed in less time; Wool is
Steved into them by such proper Instruments, that three or four Baggs
are put, where one would not else lye; Cranes and Blocks help to draw
up more for one Shilling, then Mens Labour without them would do for
Five.
New Projections are every day set on Foot to render the making our
Woollen Manufactures easy, which should be render’d cheaper by the
Contrivance of the Manufacturers, not by falling the Price of Labour;
Cheapness creates Expence, and Expence gives fresh Employments,
whereby the Poor will be still kept at Work.
The same for our Product; Mines and Pitts are drained by Engines and
Aquæducts instead of Hands; the Husband-Man turns up the Ground with
his Sullow, not Diggs it with his Spade; covers his Grain with the
Harrow, not with the Rake; brings home his Harvest with Carts, not on
Mens Backs; and many other easy Methods are used, both for Improving
of Land, and raising its Product, which lessen the number of
Labourers, and make room for better Wages to be given those that are
Imployed.
Nor am I of their Opinion, who think the running down the Price of
our Growth and Product, that so they may buy Provisions cheap, an
Advantage to the Inland Trade of this Kingdom, but of the contrary.
Public-domain text, read in full here on John Shaqi.
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