Foreigners have a knack at raising the price of Silver to draw over our Money to ’em; and I hear they can afford what they now daily do, _viz._ To Export, rather than fail, Clipt Money; and the only way to keep our Money at Home, _Is to fix, during the War, one considerable part of its Value to the Kingdom_; and when those Foreigners who must deal with us, cannot Export our Money, but with great disadvantage, they will be forced to take our Commodities in lieu of it, and be as industrious to make ’em valuable abroad as we are. And as to that Notion that we must not glut the Markets abroad with our Commodities, it is a Vulgar Errour unless we make this distinction, That ’tis dangerous when our _English_ Factories glut the Market; for when Foreigners see the Market full, they combine together to keep down the Price, knowing that we must Sell; but then Foreigners who are better acquainted with their own Markets and Fairs than we are, and can spread a Trade much farther than our Factories can do, when they Export our Commodities and cannot Trade at all with us without exporting ’em; they can shift from one place to another, and open secret Passages of Commerce, not yet found out. If the _Portugueses_ for instance could not have Money for their Wine, would they (I desire to know) rather leave of Trading with us, than take our Cloth for their Wine. Or if heretofore we had drank no _French_ Wine, but what we had paid for in Tin, would they have found a Vent for our Tin, or ploughed up their own Vineyards? _Object._ VII. _This will be forcing Foreigners then, to Export our Commodities._ _Answ._ Not at all: For if the Ballance of Trade shall continue after all, to our disadvantage, here’s nothing in all this matter that hinders our exporting Bullion. But if ’tis absolutely necessary to export Bullion to make good the Ballance of Trade, then we should take the more care, not to export more than is absolutely necessary; and whilst we carry on our Trade abroad, not to let this at home be at a stand, but secure Money enough for the Nations In-land Trade, and to pay the Taxes without pretence of impossibility. _Object._ VIII. _Five Millions will not be half enough for our In-land Trade._ _Answ._ And I am clearly of that Opinion; and that Ten Millions is little enough, or else what need had there been, to have Coin’d Fifteen Millions in three Reigns, as the most industrious Mr. _Lounds_ hath delivered to us? But we are providing for a present necessity and not abundance. And yet should we Coin five Millions more, in all Ten Millions; less than 2 _d._ in the Pound Land-Tax, would pay Interest for all, and the Million gained out of it would save 2 _s._ in the Pound that Year, which is making a very good Bargain for the Government. But you may vary the _Postulata_, as I said before, how you please. _Object._ IX.