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
These Products are all clear Profit to the Nation, being raised from
Earth and Labour; but their chief Advantages arise from their being
Exported, either in their own kinds, or when wrought up, the
Remainder, which is spent at Home, tending rather to supply our
Wants, than to advance our Wealth: Which Exports being more or less
according to the Price they bear in other Countries, and those
arising from the Proportion their Lands hold with ours in their
yearly Rents, are not so great in Specie, as when wrought up. Butter
is the chiefest, wherewith we supply several Foreign Markets, and did
formerly more, till by making it bad, and using Tricks to encrease
its Weight, we lost much of that Trade, and are now almost beaten out
of it by _Ireland_, which every year makes theirs better; besides,
they undersell us in the Price, as they do also in Beef, occasioned
by the low Rents of their Lands.
’Twas the Act of Prohibition made formerly in _England_, that first
usher’d them into a Foreign Trade, their sole Dependance before
that time being on our Markets, and from hence they were supplied
with what they wanted; but being thereby prohibited from bringing
hither their Cattle and other Provisions, they endeavoured to find a
Vent for them in other Markets, which they did with good Success, and
to more Advantage; the sweetness whereof gave a spring to their
Industry, and put them on the Woollen-Manufactures, which they also
vended where they exported their Provisions, till in time it became
so great and flourishing, as to give us Apprehensions it would
endanger ours.
[Sidenote: Corn.]
As for Corn; Foreign Markets are supplied therewith, both from
thence, and from the Islands of the _Azores_, cheaper than the Rents
of our Lands will admit; but our Plantations have still some
Dependance on us for our Product, and as the Lands of _Ireland_ rise
in their yearly Value, they will have more. We also raise
considerable Quantities of Hemp and Flax, both which are useful in
our Trade.
[Sidenote: Fruits.]
The other Fruits of the Earth, such as Apples, Pears, Cherries,
Plumbs, together with the Herbs and Plants, serve rather for Food and
Delight than for Trade: some Cider we do export; also Spirits raised
by the Distillers, both from some of these, and from Barly.
[Sidenote: Fish.]
On the Sea-Coast both of this Kingdom, and also of _Newfoundland_ and
_New-England_, are caught great Store of Cod-Fish, Herrings, and
Pilchards, which are saved, and sold in Foreign Markets.
[Sidenote: Minerals.]
Nor is this all the Product of our Earth, whose Womb being big with
Treasure, brings forth Lead, Tin, Copper, Calamy, Coal, Culm, Iron,
Allom, Coppetas, and sundry other Minerals, which are sold in Foreign
Markets, whither we send them: Besides a great Expectation we have
from a much richer and more valuable Discovery, lately made in that
Part of _Great-Britain_ called _Scotland_.
[Sidenote: Trees.]
Public-domain text, read in full here on John Shaqi.
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