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 Rents of _Ireland_ grow due at two Times of Payment, _viz._ 1st
of _May_, and 1st of _November_; the first becomes payable whilst
their Cattle are Lean, which puts the Tenants under great Straits,
and forces them to sell very low, if they are prest for Money; but
the Second Payment is more easily made, their Fat Cattle being sold,
and their Harvest over; This is the State of that part of the Kingdom
that depends on Feeding and Tillage; but where the Linnen Manufacture
is, the Tenants are much easier; they Spin in the Winter Nights, and
at other leisure times, which being wove into Cloath, and whiten’d
early in the Year, provides Money for their first Payment, without
selling their Cattle before fatted for a Market.
It is necessary for a New Undertaking, to be attended with some lucky
Accident; the Linnen Manufacture can never be begun in _Ireland_ at a
more seasonable time than now, being Imported hither Custom Free,
when all the other Linnens of _Europe_ pay considerable Duties.
The Gentlemen of _Ireland_ at this time seem to be Discontented, they
find themselves Uneasy, but cannot tell where the Sore lies;
therefore, sometimes they Complain of one thing, and sometimes of
another; but the true Ground of all is this; Their Exports are
lessened, whilst their Imports encrease upon them, and the Specie of
their Money decreases every Day; by which means their Rents come in
slowly, their Products fall on their Hands, and will more, as they
encrease above their Expence; so that their Improvements rather turn
to their Disadvantage; and their Lands must fall (which ’tis our
Interest to keep up) unless some new Product be encouraged, which may
be Manufactured amongst them; If this was done, They would soon see
where their Interest lay; and tho’ I do not believe they would all
fall on sowing Hemp and Flax, nor is it necessary they should, yet
there would be so much Land turn’d that way, as might restrain
their other Products, within the compass of their Exports, and Home
Consumption, and cause a Circulation of Money through all parts of
the Kingdom.
This will give a greater Employment to the Poor of _Ireland_, and
Encourage People to settle among them, without any manner of
Prejudice to _England_; and Create a mutual Friendship, and a
profitable Correspondence, between both Kingdoms.
And as the Establishing such a Fund will be an Advantage to that
Kingdom, so it will bring a considerable Profit to the Undertakers,
besides the Benefit which may arise from it to the Government, during
the Continuance of this War.
JOHN CARY.
London, July 18th. 1704.
End of Project Gutenberg's An Essay Towards Regulating the Trade, by John Cary
Public-domain text, read in full here on John Shaqi.
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