Goods of any other kind that have the same qualities might then, and may now be made money equal to their value. gold and copper may be made money, but neither with so much convenience as silver. payments in copper being inconvenient by reason of its bulk; and gold not being in so great quantity as to serve the use of money. in countries where gold is in great quantity, it is used as money; and where gold and silver are scarce, copper is used. Gold is coined for the more easie exchange of that metal, and copper to serve in small payments; but silver is the measure by which goods are valued, the value by which goods are exchanged, and in which contracts are made payable. As money encreased, the disadvantages and inconveniences of barter were removed; the poor and idle were employed, more of the land was laboured, the product encreased, manufactures and trade improved, the landed-men lived better, and the people with less dependance on them. CHAP. II. _Of Trade, and how far it depends on money. that the increase of the people depends on Trade. of exchange._ Trade is domestick, or foreign. domestick trade is the imployment of the people, and the exchange of goods within the country. Foreign trade has several branches. 1. The product and manufacture being more than the consumption, a part is exported, and in return foreign goods are brought home. 2. Selling the goods exported at one port, and loading there to sell another; whereby a greater return is made, than if the goods exported had been carry’d directly there. 3. Bringing home the product and manufacture of other countries, from whence, and when they are cheap; to supply countries where, and when they are dear. 4. Bringing home the product of other countries, and exporting it in manufacture. 5. Freighting, or hireing out ships. Domestick and foreign trade may be carried on by barter; but not for so great a value as by money, nor with so much convenience. Domestick trade depends on the money. a greater quantity employs more people than a lesser quantity. a limited sum can only set a number of people to work proportioned to it, and ’tis with little success laws are made, for imploying the poor or idle in countries where money is scarce; good laws may bring the money to the full circulation ’tis capable of, and force it to those employments that are most profitable to the country: but no laws can make it go further, nor can more people be set to work, without more money to circulate so, as to pay the wages of a greater number. they may be brought to work on credit, and that is not practicable, unless the credit have a circulation, so as to supply the workman with necessaries; if that’s supposed, then that credit is money, and will have the same effects, on home, and foreign trade.