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B02354 Considerations humbly offered to the honourable House of Commons assembled in Parliament, concerning prohibiting the exportation of wooll. Great Britain. Parliament. House of Commons. 1689 (1689) Wing C5909CB; ESTC R174160 5,351 4

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CONSIDERATIONS HUMBLY OFFERED To the Honourable House of Commons ASSEMBLED IN PARLIAMENT CONCERNING PROHIBITING the Exportation of WOOLL I Am against an absolute or unlimited Exportation of WOOLL as much as any Person whatsoever but then there ought to be found out a way for a full Consumption of it within our selves or else I. First Let it be considered whether the making of such an Act of Parliament as shall and will inevitably occasion the Fall of RENTS of most of the Gentlemen's and Free-holder's Estates all over England those of the Inland Counties as well as others only to gratify Three or Four Hundred particular Persons of the Hamborrow-Company East-India-Company c. Let all the Members of the Inland Counties and others I say consider Whether such an Act can be for the General and Publick Good of the Kingdom II. Then Consider If when the Price of our WOOLL was brought down from Twelve Pence a Pound to Nine Pence and Eight Pence a Pound your RENTS did then fall a Quarter part whether your RENTS will not proportionably fall if you bring WOOLL from Eight Pence to Four Pence a Pound that is half in half or proportionably be it what it will so as that several Gentlemen who are now worth Four Hundred Pound per Annum and Twenty years ago were worth Five or Six Hundred Pound per Annum in good Land may not be worth in Two or Three Years time above Two Hundred and Fifty or Three Hundred Pound per Annum and only by the fall of their RENTS without any thing of bad Husbandry but occasioned by your Act. How such a general loss of the real value of our Estates should be for the common Good of the Kingdom I know not except you will say Ireland is in a better condition and able to bear greater Taxes than England because Land is as yet but of half the value there that it is here and therefore that you would bring your Lands down to be only equal in value to those in Ireland III. Consider Whether upon all emergent occasions and necessities of the Government you do not constantly fly to a Land-Tax as the most sure and certain to preserve the King and Kingdom How can it be the Interest of England then to pull down and sink our own RENTS thus Can we either Landord or Tenant bear and pay as much out of Two Hundred or Two Hundred and Fifty Pounds a Year as we can out of Four or Five Hundred Pounds proportionably to what it falls it will hold be it what it will. When that Estate of ours which brought us in Six Hundred Pounds a Year will now bring us in but Four Hundred Pounds a Year and sometimes hardly that don't we pay a Tax with a vengeance in the fall of our RENTS IV. Consider That if the PARLIAMENT do not take some care or make some Provision in their Act for the better Consumption of WOOLL you must needs lower and fall the Price of all your WOOLL thereby First We have seen and found this by Experience ever since the Prohibition all the time of Charles the II. and James the II. it hath continued Falling more and more every Year Secondly It stands to Reason for if any way or method of the Vending or Consumption be stopp'd or obstructed and no other way Substituted in the room thereof that shall make away with as much it must necessarily lower the Price And who is it that gets by this lowering of the Price of WOOLL Certainly you will all say not the Landlord nor the Tenant no nor yet the Carder the Spinner nor the Worker the Clothier nor the Dyer for they are forc'd to sell their Clothes low accordingly to them that Buy them Who then Chiefly a few Factors and particular Persons of the Hamborrow-Company and other Companies who do and will beat down the Prices of our Cloth here at home and Buy it at the lowest Rates nay and under the Rate that the Clothier can many times well afford it and then sell it beyond Sea at their own Rates and thus this which the whole Countrey loses they put into their own private Pockets Let them keep up a moderate Price for our Cloth here and that will keep up the Price of our WOOLL and then they need not fear the Exporting of it For if we could have a reasonable Price for it here without hazard so as to pay our RENTS none would be so foolish or mad to venture their Necks to Transport it But it is the necessity that is put upon them that now enforces them to it when the Clothier will or can not Buy their WOOLL at such an indifferent Rate as will enable them to Pay their Landlords because the cunning BUYERS of our Cloth endeavour still to beat down the Prices at home V. Therefore I inquire and let it be Considered in such a Case what shall the COUNTREY do or what would you have them do with the over-plus of their WOOLL who at this time have Two Years WOOLL lying on their hands which our own Clothiers are not able or willing to Buy at such reasonable Rates as aforesaid VI. Let it be considered Whether it can be for the Interest of England when we have more WOOLL of our own than we can or at least do consume in Manufactures to suffer the Importation of great quantities of Irish WOOLL which also helps to bring down the Prices of our own and 't is certain that they have all along for these many Years brought in great Quantities of Irish WOOLL into London Barnstable and other places in the West which serves every jot as well as our own WOOLL for their use must not that then hinder the Consumption of so many Pounds of our own WOOLL and that being so much cheaper than ours bring down the Price of ours VII Let it be considered Whether the lowness of the Price of our WOOLL hath not some influence on the lowness of the price of Corn and so consequently doth affect all the Lands of England It is most certain it does which is easily demonstrated for when WOOLL is low and bears but a small price so that the Tenant cannot live and raise his RENT by that then he turns more to Tillage breaks up and sowes more Land which brings down the Price of Corn but if WOOLL bears a good Price then they will run more into breeding Sheep and Grasing and so let more of their Land ly till Corn grows so dear again as sufficient to answer the honest Husband-man's Labour and Charge which now it is not Therefore to keep up the Price of our WOOLL is one certain way to keep up the Prices of our Corn and how necessary that is you are all sensible by making so many Acts for the Exportation of it Thus then upon the whole let it be duly Considered whether it is not most advisable I. Either that the PARLIAMENT should set or fix from time to time such