The stock they purpose to be 25,000l., to be resident in some convenient place of the suburbs, where men may take notice to have money for their wares if they will bring them, being made good and at such rates as they may well be afforded, by judgment of sworn men of the trade, who shall rate them both inward and outward, so as the poor shall sell much better than they have done the other sort, howbeit they sell cheaper by 2s. in the pound than for the most part they have done; yet having a certain market and ready money to buy wool again; and, in that then they shall be in no hazard of loss by trusting, as now they do, their gain will be much more. 1. The corporation will flourish. 2. Felts will be better made in that every man shall have price for his ware as his workmanship is. 3. The trade, being much used in the country, will revert into the city, to the benefit of the city and all that live by the trade. 4. The haberdasher shall buy good wares more generally than now and at as cheap rates as he now usually buyeth (the times of the year and prices of wool considered), and be sorted with much more ease and content than now he is. 5. The haberdasher of mean estate shall be in much better case than now, for that every man shall have good wares without culling according to their sorts. 6. The commonwealth shall be better served in that now they shall have good wares for their money. 7. The stock cannot but be gainful to the stockers, in that the hats, according to their goodness, shall come in at 2s. in the pound profit upon the sale, merely out of the feltmaker's labour, who is equally benefited by the certain stock. Besides, the often return of the stock at 2s. in the pound cannot but give content to the stockers. 8. The stock shall be sufficiently secured were it never so much, in that they shall deliver no money without a sufficient value of wares. Their sale will be certain in that without buying the haberdashers cannot uphold their trade. Besides, no man shall have benefit of the stock except he will bring all the ware he makes to it (except it be a hat or two specially made, and that with the privilege of the stockers). Besides, if at any time the stock shall be full of ware and want money, the company by a general consent can forbear bringing in or slack their making for a time. But so it is that once in a year all felts will off, of what nature soever. 9. The wares being of necessity to be bought, the stockers will need not trust except they will but upon good security, which will make men more wary in buying. [Footnote 271: Unwin, _Industrial Organization in the Sixteenth and Seventeenth Centuries_, pp. 240-42,] 18. THE CASE OF THE TAILORS OF IPSWICH[272] [_Coke's Reports, Part XI, pp. 53-55_], 1615. Trin. II, Jac. Reg. King's Bench.