the maintenance of free trade-及14准
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!!!!隆堋響頼��紗秘慕禰厮宴和肝写偬堋響��
or to buy Commodities for them�察�as the manner is。 To the third�察�experience maketh a full answer to both�察�that there did not want takers�察�when the late inhauncing of money at Hamborough�察�caused the exchange to rise from under 28 shillings to above 35 shillings�察�which is more then the present alteration will be�察�and Wooll was at 33 shillings the Todde�察�which is now fallen under 20 shillings。 So that the vent of our Cloth was not hindered when it was solde dearer by one full third part�此�But there was above 80 thousand Clothes sold yearely�察�where there is not sold now 40 thousand Clothes。 The time is also to bee thought more convenient to advance a Commoditie being undervalued�察�then to doe it when the price is high。 For this Pleurisie of the Common´wealth is dangerous�察�and admitteth no time to bee cured�察�like the fire in a City�察�which permitteth not enquiries to examine how the fire beganne�察�but requireth every mans helpe to quench the same。 And whereas it is alleadged in defence of the inhauncing of our Coyne�察�That which is equall to all�察�when hee that buyes deare�察�shall sell deare�察�cannot be saide to be injurious to any。 This opinion seemes to be eiusdem farina�察�as the former�察�and hath no consideration what the alteration of Weights or Measures betweene us and forraine nations�察�may produce to the losse of the Common´wealth�察�albeit that betweene man and man�察�it may proove alike in some respects。 To make this evident�察�suppose two Merchants�察�the one dwelling in London�察�and the other dwelling at Amsterdam�察�do contract together�察�that the Londer sending Clothes to sell at Amsterdam�察�the merchant of Amsterdam sendeth him Velvets and Silkes to bee solde at London�察�and in the account to be kept betweene them they agree to reckon the moneys in exchange but at 30 shilings flemish for 20 shilling Starlin�察�and so make returne each to other from time to time as money shall be received�察�both�察�here and beyond the Seas。 Wherupon put the case�察�that there is received at Amsterdam 1500 lib。 flemish for Cloth�察�and at London there is received 1000 lib。 Starlin for Velvets and Silkes�察�which by the said rate & calculation is all one ��in effect�� between them�察�and might by way of Rescounter answer each other in account。 But the Merchant of Amsterdam�察。�knowing that by reason of the moneys inhaunced there�� he can make a great gaine to have the said 1000 lib。 sent unto him in specie�今� desireth the Londoner to send him this 1000 lib Starlin in silver & gold coyns�察�Realls of eight or Rieckx Dollers�察�wherby he shal profite 15 upon the 100�察�by the meanes aforesaid�察�which amounteth to 150 lib gaines。 The Londoner having his 1500 lib。 flemish or 1000 lib。 Starlin at Amsterdam�察�cannot doe the like�察�because the moneys are inhaunced and received above the value�察�so that his money must be delivered by exchange there at a low rate�察�or at 33 shillings 4 pence�察�whereby he doth receive here the said 1000 lib。 with no gaine at all。 Thus the account betweene them is made even�察�but by these means�察�the Kingdome is deprived of the 1000 lib。 of the Merchants money sent to Amsterdam�察�which doth not onely procure the want of money in England�察�whereof every man hath a feeling to his losse�此�but also it causeth the native Commodities to be undersold�察�and the forraine Commodities to be advanced in price beyond the Seas�察�by plenty of money�察�and hindereth the importation of money and Bullion�察�as aforesaid。 To prevent this�察�the Question is now�察�whether it be better and more expedient�察�to raise the price of exchange�察�or the price or valuation of our moneys�察�Surely all men or judgement wil say�察�that the raising of exchange breedeth not that alteration�察�which the inhauncing of moneys doth�察�namely to make every thing deere�察�and to cause Landlords and Creditors to lose in their Rents and Contracts。 And Merchants of experience doe know�察�that wee cannot doe as they doe。 For the inhauncing of moneys here�察�will be countermined by other Nations�察�who still will undervalue them in exchange betweene us�察�unlesse it be prevented by our own true valuation to be made knowne as aforesaid�察�which by the Law of Nations�察�cannot be contradicted�察�whereby we shall also bee enabled to meet them upon all Alterations and practices�察�to direct our course accordingly�察�sooner then a Milner can turne his Winde´mill�察�to grinde Corne with the variation of all windes。 It followeth ��saith the said Author�� that the Raising also of the Coyne�察�would raise the price of Plate�察�To lessen the superfluitie�察�or to bee turned into Coyne。 It is worthy the observation�察�that ��by reason of the want of money�今� the price of Plate is fallen from 6 shillings 6 pence guilt�察�to 5 shillings 6 pence�察�and white Plate from 5 shillings 8 pence to 5 shillings 2 pence。 And if the moneys were inhaunced ten in the hundreth�察�that is to say�察�an ounce of Starlin Silver to 5 shillings 6 pence�此�the Plate and all other things would rise accordingly。 Whereby if a man that spendeth two or three hundreth pounds by the yeere�察�should spare one hundreth pounds worth of his Plate�察�and bring the same to be Coyned�察�might thereby get once tenne pound�察�and pay ever after ��for all other things�� twenty and thirty lib。 dearer yearely。 And the moneys made thereof�察�would neverthelesse be transported�察�unless the exchange did prevent the same。 In this place�察�we are to remember�察�that the Silver used for divers manufactures and Plate�察�doth much differ in finenesse�察�whereby many of his Majesties Subjects are deceived�此�It may therefore be thought convenient�察�that no silver made into manufactures be sold�察�unlesse it bee tried by an Assay master�察�and marked accordingly�察�especially the silver Threed comming from beyond the Seas�此�some beeing but eight ounces fine�察�which is offered to be solde accordingly�此�or els to make it finer�察�as shall be thought convenient to serve the kingdome�察�and to become bound to make Returne in the manufacture of our Wooll for their manufacture of Silver and Silke�察�which may bee thought a very reasonable Permutation。 The want of mony coming by the consumption of forraine Commodities�察�may properly be tearmed overballancing of Commodities�察�which are more worne and used�察�because of the quantity of them�察�imported�此�proceeding also of the abuse of exchange�察�as the efficient Cause thereof�察�as aforesaid。 The excessive Use of Tobacco for so much as concerneth the importation thereof in liew of Treasure�察�will be much diminished by the late limitation of a quantity of Spanish Tobacco lately established�察�to the end that the Plantation of Virginia and the Bermodaes may be advanced thereby�察�and it is to be wished that the moneys to bee employed in Spanish Tobacco were likewise made over by exchange�察�and delivered to the Merchants adventurers and others�察�to be bestowed upon the Commodities of the Realme to make benefite of our owne�察�for if such forraine Commodities�察�shal vanish away in smoake�察�or be consumed and brought ��as it were�� unto doung�察�and surmount the price of the Commodities�察�or fruits of the land�此�Certes�察�that land is unprofitable in every mans judgement。 For lands ��being the Naturall riches so much desired of all men�� are much disimprooved by the want of money and the selling of our native Commodities is too good cheape in regard of the price of forraine Commodities�察�This beeing an evident token of the poverty of a Commonwealth�察�which ��like an unweildy Elephantike Body�� hath a slowe motion�察�and therefore more dangerous and subject to destruction�察�which by the want of money�察�is made visible and sensible。 The returnes lately had from the East´Indies�察�wil in part asswage the same�察�if Merchants in the dispersing of those Commodities�察�will procure importation of money and Bullion�察�as ��no doubt�� they will doe。 And this will further bee increased�察�when the Hollanders and our Merchants shall be at an end of their present controversies�察�which by his Majesties high wisedome�察�will soone be determined。 Touching the warres of Christendome�察�for so much as concerneth the want of moneys�此�I have already shewed how the same is also comprised in the reformation of the abuse of exchange�察�procuring thereby moneys�察�which are Nerui Bellorum。 But to take upon mee to discourse of warres�察�might make me subject to Apelles his reprehension�察�Ne sutor ultra Crepidam。 Onely I hope that the famous example of Augustus Caesar the Emperour may be remembered�察�who perceiving the forces of the great Pirate Crocataes to increase daily by the concourse of many nations�察�whilest hee was in Spaine�察�caused a Proclamation to be made�察�that whosoever should bring him the head of the said Pirate�察�he would reward him with 20 thousand crownes�察�whereupon the said Pirate was brought in danger of the humors of the saide nations�察�whose suspected inconstancy and lucre bred a resolution in him�察�to offer his own head to the obedience of justice�察�and demanding the said 20 thousand crownes�察�had the same payed unto him�察�whereby all his associates were overcome and dispersed。 In like manner did Sixtus Quintus deale with the Banditi in Italy�察�and made them to cut one anothers throats。 This Policy of reward draweth as forcibly as the Adamant or Loade´stone�察�which caused the Spanaiard to say�察�Dadiuas quebrantan Pennas�察�Gifts doe breake stony Rockes。 From the Precedent causes of