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A06791 A treatise of the canker of Englands common wealth Deuided into three parts: wherein the author imitating the rule of good phisitions, first, declareth the disease. Secondarily, sheweth the efficient cause thereof. Lastly, a remedy for the same. By Gerrard De Malynes merchant. Malynes, Gerard, fl. 1586-1641. 1601 (1601) STC 17227; ESTC S111941 40,448 144

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A TREATISE OF THE CANKER OF ENGLANDS COMmon wealth Deuided into three parts Wherein the Author imitating the rule of good Phisitions First declareth the disease Secondarily sheweth the efficient cause thereof Lastly a remedy for the same By GERRARD DE MALYNES Merchant Sublata causa tollitur effectus Imprinted at London by Richard Field for William Iohnes printer dwelling in Red-crosse-streete in ship Allie 1601. THE FIRST PART CONCERNING THE DISEASE OF THE English Common wealth PLato the Philosopher perceiuing that equality would be the cause that euery man should haue enough was of opinion and willed all things in a common wealth to be common whom sir Thomas Moore in his Vtopian common weale seemeth to imitate to the end that an infinite number of lawes already made and the making of so many new lawes as daily are made might be abolished whereas all of them are not sufficient for euery man to enioy defend and know from another mans that which he calleth his owne proper and priuate goods But this equality cannot be established neither was there any such euer vsed in any age or commaunded by the word of God but that possessing these worldly goods we should so vse them with charity towards others as though we did not possesse them at all Neuerthelesse as a commonwealth is nothing else but a great houshold or family yet the Prince being as it were the father of the family ought to keep a certaine equality in the trade or trafficke betwixt his realme and other countries not suffering an ouerballancing of forreine commodities with his home commodities or in buying more then he selleth For thereby his treasure and the wealth of the realme doth decrease and as it were his expences become greater or do surmount his incomes or reuenues This is the vnknowne disease of the politicke body of our weale publicke before mentioned the efficient cause whereof must be found out before any remedy can be applied or deuised Sublata causa Tollitur effectus sayth the Philosopher which is graffed in euery mans iudgement that the cause of any thing being taken away the effect is taken away withall Hereuppon let vs note that properly the wealth of the realme cannot decrease but three manner of wayes which is by the transportation of ready money or bullion out of the same by selling our home commodities too good cheape or by buying the forreine commodities too deare wherein chiefly consisteth the aforesayd ouerballancing which is the cause of inequality we giuing in effect both mony and commodities to haue forreine commodities for them To proue our assertion we can hardly make this inequality appeare in the application thereof to euery member of our common-weale albeit we do find the want of treasure and monies exported for the same For it be falleth vnto vs concerning monies and wealth as it doth vnto a Generall of a campe of ten thousand supposed armed men whereof muster being taken at seuerall times and vpon seuerall dayes yet all of them generally are found to be armed because one lendeth his armour vnto another whereas if they were all mustered in a day and at one instant a great part of them would be found to want armor the like want of monies and wealth should we find if the matter were duly examined Yet for an instance let vs consider how much the price of lands is risen with vs of late yeares euen within the memorie of man and that this their estimation or value is in regard of money or other things mony-worth and compare the same thereunto and we shall very well perceiue that we ought to ballance the value of things vpon this beame laying the lands on the one side and the money or things mony-worth in value on the other side to finde out this inequalitie Aristotle saith that riches is either naturall or artificiall The naturall riches as lands vines forrests meddowes and such like The artificiall as money gold siluer wooles cloth and all other moueables and houshold stuffe Nowe as this artificiall riches is proceeding of the naturall riches and that both these doe receiue their price and estimation by money which is the measure and rule to set a price to euerie thing so reason requireth a certaine equalitie betweene the naturall riches of lands and the artificiall riches of commodities proceeding of the same Hereupon let vs note further that all the trade and trafficke of the realme is performed vnder three simples namely commodities money and exchange and examine the originall beginnings of them and their present course seeing that God caused nature to distribute her benefits or his blessings to seuerall climates supplying the barennesse of some things in our countrey with the fruitfulnesse and store of other countries to the ende that enterchangeably one common-weale should liue with another First we find that when commodities began much to abound in the world all manner of mettall as gold siluer copper tinne lead and yron grew into greater estimation as being fit and more durable to preseruation and so the purest and finest mettall most esteemed at which time the riches of men was notwithstanding described to consist of cattell commodities and other moueables and there was a permutation of things which was very combersome and did require much cariage of wares vp and downe and from one countrey into another By reason whereof money was deuised to bee coyned of the finest and purest mettals to be the rule or square whereby all other things should receiue estimation and price and as a measure whereby the price of all things might be set And to maintaine a certaine euenhood or equality in buying selling and the same to haue his standing valuation onely by publicke authority to the end that all things might equally passe by trade from one man to another The Standard of the starling money of England was first coyned at a place so called by Osbright a Saxon king of England aboue seauen hundreth yeares past at which time an ounce of that siluer was diuided into twentie peeces and so esteemed twentie pence which so continued vntill King Edward the first his time and vntill King Henry the sixt and then by the kings publicke authoritie was valued at thirtie pence and continued vntill king Edward the fourth and then at fortie pence vntill King Henrie the eight and then at fortie fiue pence vntill King Edward the sixt and so vntill her Maiesties most happie raigne at fiue shillings the sayd ounce of twelue ounces to the pound Troy weight and twentie peny weight to euerie ounce and twentie foure graines to euerie pennie weight Now as the finenesse of siluer is twelue ounces and euery ounce also twenty peny weight in finenesse And the finenesse of gold is twenty foure carats and euery carat foure graines likewise in finenesse so all monies of gold and siluer do participate of this finenesse according to their substance and the standard starling mony of this realme is eleuen ounces two