THE PETITION AND REMONSTRANCE OF THE GOVERNOVR And Company of Merchants of London trading to the East Indies exhibited to the Right Honourable the Lords and Commons in the High Court of Parliament assembled DEVS INDICA London Printed for Nicholas Bourne 1641. THE HUMBLE REMONSTRANCE OF Those Reasons which the Governour and Company of Merchants of London trading to the East-India doe make upon the Quaeres that are annexed unto their Petition exhibited in the Honourable House of COMMONS assembled in PARLIAMENT And First Strength Whether it doth not much increase the strength of the Kingdom with mariners Warlike Shipping Ammunition and all necessary Arts-men thereunto belonging Whether it doth not greatly increase the generall Traffique of the Kingdome not onely as it is a very ample Trade of it selfe betweene England and the Indies but also as it is an ample Staple or Magazine of many rich Indian wares to send from hence into other forraigne Countries THE Trade to the East Indies some few yeares past when we had warre with the Portugals did imploy fifteene thousand tunnes of Shipping all at once either going or comming or Trading there from Port to Port but since upon good experience we find that so great a charge is neither necessarie for our defence nor comportable by the benefit of the Traffique untill some further Discoveries may be made in China or else-where as is hoped Neverthelesse according to the present times there may be imployed and maintained eight thousand tunnes of great and warlike Shipping besides two thousands tunnes more here in the Kingdome continually repayring for the next supply of those Voyages THis Trade as it is thus great in it selfe so doth it yet further enlarge our Traffique and strength by furnishing this Kingdome with all sorts of Indian wares not onely for our owne use but more especially for the necessary wants of forraigne Nations which hath greatly encreased the number of our Warlike Ships to export them from hence into Turkie Italy the East Countries and other places For proofe whereof we instance some former-times when wee have brought into England above eight thousand bagges of Pepper from the Indies in one year and may do so againe if the Trade subsist Where this Kingdome doth not consume above one thousand and three hundred bagges per annum at the most So the rest are transported into forraigne Countries and the like may be said for Callicoes Indigo and some other Indian Wares ALl which additions of shipping unto our former strength by Sea before this Trade began doe imploy many of his Majesties subjects in sundry Arts to build and repaire the said ships together with the making of Ordnance Muskets Powder Shot Swords Pikes Cordage Canvas and other necessary Amunitions and provisions thereunto belonging besides a multitude of Mariners whereof many of them are shipped from hence Land-men or such as were not formerly used to the Seas but are bred and made good Mariners by these Voyages which otherwise at home being without Arts or maintainance are a heavy burthen to their friends and Country ANd if it be objected that this great encrease of shipping which is here declared is not alwayes in the Kingdome upon occasion of service the answer is That neither are the shippes of any other Merchants heere at home but some are going some are comming and ever the least part are in the Kingdome yet still wheresoever they are his Majesties subjects have by them their imployment and maintenance and the Kingdome aswell as the East-India Company have had their service For how famous are their exploits to all Nations How many rich Carracks have they suncke and spoyled How many assaults of Spanish Gallions have they withstood and foyled What slaughter of their souldiers sacke of their Townes subversion of their trades and such like honourable actions have they performed and all with little losse of ships or men It would require a large discourse to declare the particulars Neither doth the East-India Company commonly want two thousand Tuns of shipping or more heere in the Kingdome which are either in building or repayring together with all their Ordnance and other Warlike furniture besides their store-houses and Dock-yards plentifully provided with Timber Plancke Cordage Powder shot and many other necessary Ammunitions both for themselves and oftentimes to help others with such provisions as cannot elsewhere be found for money in this Kingdome THere is yet one common Objection but it is so weake that it scarse deserves an answer which is that this East-India Trade destroyes our shipping and Marriners when cleane contrary to this we have already shewed the great encrease of both and if men dye in these long voyages and ships by length of time be layd up either here or in the Indies yet what 's all this but natures course and that which happens here at home in our neerest Trades although with farre lesse noyse and notice How many brave Commanders have we bred from meane degree whereof divers are still in our service some at this present are found worthy good places in his Majesties Navie others being growne rich doe either keepe at home or follow shorter voyages but leaving these advantages wee doe answer all with this that whatsoever is pretended in the decay of shipping or death of men yet notwithstanding the Kingdome by this trade hath obtained no lesse increase or cleare addition both of the one and the other which continually subsist and are in action then is before declared Whether it doth not increase the generall stocke and wealth of the Kingdome Whether it be not a meanes to save the particular Subjects much money yearly in their ordinary expences upon all sorts of Indian wares Whether it doth not much increase his Majesties Customes and Imposts in the yearely revenue VVhether it is not a good meanes to improve the price of Lands Woolls Tynne Iron Lead and other the Wealth native commodities of this Kingdome Wealth VVhether the King and the Kingdome also have not gotten much by this Trade even in these late disastrous times when the Adventurers have lost great matters HEre wee have five Quaeres which must be all proved severally the first is generall wherein wee must consider how the whole Kingdome may be inriched by our Commerce with strangers the which to performe although it hath one the same rule in all the particular places of the Trade yet is not every Country alike profitable to this Common-wealth for the remotest Traffique is alwayes most beneficiall to the publique Stocke The places of our remotest Traffique are most profitable to the Common-wealth the example may be framed thus Suppose we therefore that Pepper were constantly worth 2. shillings the pound here in England if wee should then fetch the same from Holland the Merchant may pay there to the stranger twenty pence the pound out of this Kingdomes stocke and gaine well by the bargaine but if he fetch this Pepper from the East-Indies hee cannot
objected that the price of our Lands are not improved onely by Treasure gained in our forraigne Trade but also by a great increase of people whether they be natives or strangers The great increase of strangers inhabiting here doth impoverish this Kingdome and begger our poore by depriving them of their Arts and manufactures raysing the price of corne victuals Rents and the like or both The answer is that the first of these wayes doth performe it to the common benefit and the latter to the inriching of the Landlords onely by a manifest impoverishing of the Kingdome For our experience in one particular doth teach us that of late yeares we are growne so populous that we can spare no corne to transport into forraigne Countries but sell it all here to serve our owne wants at deare rates which formerly when it was much cheaper imployed many ships and marriners to export it unto strangers and thereby returned us store of Treasure which great benefit to the Kingdome is now lost And as hereby the exportation of our native Commodities is much diminished so our consumption of forraigne Wares is asmuch increased which is a double meanes to impoverish this Kingdome THe businesse then is briefly thus that as the treasure which is brought into the Realme by the ballance of our forraigne trade is that money which onely doth abide with us and by which we Treasure that doth remaine with us inrich us and doth improve our Lands are inriched so by this plenty of money thus gotten and no otherwise doe our lands improve for when the Merchant hath a good dispatch beyond the Seas for his Cloath and other our native wares he doth presently returne to buy up the greater quantity which raiseth the price of Woolls and other commodities which doth improve the Land-lords rents as the Leases expire dayly and also by this meanes money being gained and brought more aboundantly into this Kingdome it doth inable many men to buy Lands which must make them the dearer but if our forraigne Trade come to a stop or declination by neglect at home or injuries abroad whereby the Merchants are impoverished and so the Wares of the Realme lesse issued then do all the said benefits cease and our Lands fall of price dayly whereupon we conclude that as the flourishing estate of our generall Trade is the onely meanes to make our Lands improve so the particular Trade to the East-Indies is a principall instrument therein because as we have already proved it hath so much increased the Traffique of this Kingdome THe next Quaere seemes to be a mystery which many of our Adventures doe not well understand for say they how can the Kingdome gaine by this Trade when wee who are the members thereof have lost so grievously they doe not well discerne that their private losse may be far lesse in proportion then the publique benefit as we shall instance some examples to make the businesse plaine IN the course of forraigne Trade there be three Three degrees of gaine in forraigne Trade sorts or degrees of gain the first that of the Common-wealth which may be done when the Merchant who is principall agent therein shall loose The second is the gaine of the Merchant which he doth sometimes justly and worthily effect although the Common-wealth be a looser The third is the gaine of the King whereof he is ever certaine even when the Common-wealth and the Merchant shall be both loosers COncerning the first of these we have alreadie sufficiently shewed the waies and meanes whereby the Common-wealth may be inriched in the course of Trade by the ballance of the same when excesses are avoyded therefore it is needlesse here to make any further repetition onely wee doe in this place affirme that such happinesse may be in the Common-wealth when the Merchant for his particular shall have no occasion to rejoyce As for example suppose the East-India Company should send out one hundred thousand pounds in Wares or money into the East-Indies and receive home for the same the full value of three hundred thousand pounds hereby it is evident that this part of the publique stocke is trebled and yet we may boldly say that which we can well prove that our said Company of Merchants shall be loosers by such an adventure if the returnes be made in Spice Indico Callicoes Benjamin refined Salt-Peter Cotton-yarne and such other bulkey wares in their severall proportions according to their vent use in these parts of Europe for the freight of shipping the insurance of the Adventnre the charges of Factors abroad and Officers at home the forbearance of the Stocke his Majesties custome and imposts with other petty charges incident will bee above two hundred thousand pounds which being added to the principall produceth losse and thus we see that not onely the Kingdome but also the KING The King and Kingdome may get by Trade even when the Merchant loseth may get very much even when the Merchant notwithstanding shall loose in his proportion which giveth good occasion here to consider how much more the Realme is inriched by this Trade when all things pâ—sse so happily that the Merchant is a gayner also together with the KING and Kingdome BUt for the better explaning of that which hath beene already alledged wee must understand that if the said hundred thousand pounds should be trebled by the returne of so much Silkes and other fine Wares out of the Indies then the Merchant likewise should receive good gaine by such an adventure and the reason is because this great wealth would require but five hundred tunne of shipping to lade and bring home the same which is but a very small charge in respect of foure thousand tunnes of shipping which would be required to lade home the like value in the bulkie Commodities of Spice and the like which are afore-written THe second sort of gaine in the course of trade is when the Merchant by his laudable endeavours may both bring in and carry out Wares to his advantage by buying them and selling them to good profit which is the end of his labours Yet neverthelesse the Common-wealth shall decline and grow poore by a disorder in the people when through pride and other excesses they doe consume more forraigne Ware in value then the wealth of the Kingdome can satisfie and pay by the exportation of our owne Commodities which is the very quality of an unthrift who spends beyond his meanes THe third sort of gaine is the Kings who is ever sure to get by Trade when both the Common-wealth and the Merchant shall loose severally as afore-written or joyntly as it may and doth sometimes happen when the Merchants successe is bad and when our Commodities are over ballanced by forraigne Wares consumed but if such disorders be not prevented his Majesty in the end shall be the greatest looser when his Subjects be impoverished Safety Whether it be not a meanes greatly to weaken the King of Spaine
give there above five pence the pound at the most to obtaine the like gaine when all charges are considered which doth sufficiently shew the great advantage we have to buy our wares in those remote Countries not onely for that part alone which wee spend and consume but especially for that great quantity which from hence wee transport yearely into other Countries to be sold at higher price then it is worth here in England Whereby it is plaine We may grow rich in Trade by the Stocke of other Nations that we make a farre greater Stocke by gaine upon these Indian Commodities then those Nations doe where they grow and to whom they properly appertaine as being the naturall wealth of their Countries neither is there lesse honour and judgement by getting riches in this manner upon the Stocke of other Nations then by an industrious encrease of our owne meanes especially wheâ— this latter is advanced by the benefit of the former as we have found in the East-Indies by sale of much of our Cloth Cloth and Lead vented in the East-Indies Lead and other native Commodities the vent whereof doth daily encrease in those Countries which formerly had no use of our Wares but for the better understanding of that which hath beene said we must not forget to distinguish betweene the gaine of the Kingdome and the profit of the Merchant A distinction betweene the gaine of the Kingdome and the profit of the Merchant For although the Kingdome pay no more for this Pepper then is before supposed nor for any other Commodity bought in forraigne parts more then the stranger receiveth from us for the same yet the Merchant payeth not onely that price but also the fraight ensurance interest custome impost and many other charges which are exceeding great in these long Voyages but yet all these in the Kingdomes account are but commutations among our selves and no privation of the publique stocke they remaine still in the Kingdome NOw concerning that which every particular subject of the Realme saveth in his ordinary expence of Indian Wares it is manifest that heretofore when we brought Indico from Turky that sort was ordinarily sold here for seven shillings the pound or more which now we sell for five shillings the pound and under Pepper then ordinarily at three shillings and three shillings foure pence the pound which now is sold by the East-India Company The Hollanders in grossing of Cloves Maces and Nutmegs have made them exceeding deare for 18. pence the pound with long time also given therewith for payment and so likewise of divers other wares but for Cloves Maces Nutmegs they are at very dear prices because the Hollanders having expelled our people from the Ilands of the Moluccoes Banda Amboina do still keep us by force from the trade of those Spices In which wares when we enjoyed the freedome in the Indies that unto us belongeth we sold those Spices at two rates But as the Dutch have raised the price of these Commodities so would they much more inhaunce them and all other the rich Wares of those Countries if wee should abandon or be basely driven from the Trade THe next Quaere needes but little proofe for who can truely say that his Majesties Customes and Impost are not multiplyed when the Traffique of this Kingdome is so much encreased onely this we will affirme that if the Trade to the East-Indies were so well encouraged that it might be effectually followed it would yearly bring to his Majesties Coffers much more then now it doth THe next Quaere Concernes the Kingdome neerely for it is no small worth to improve the price of Lands which never hath not can be done to the common benefit but by the prosperous successe of our forraigne trade the Ballance whereof is the onely meanes and rule of our treasure The ballance of our forraigne trade is the true rule of our treasure that is to say when either by issuing out of the Realme yearely a greater value in Wares then wee consume of forraigne Commodities we grow rich or by spending more of Strangers goods then we sell them of our owne wee are impoverished For the first of these courses doth bring in the mony which we have the last will carry it away againe when wee have got it It is a true saying that plenty or scarsity of money makes all things deare or cheape in a Common-wealth but it is necessary to distinguish the seeming plenties of money from that which onely is substantiall and able to performe the work For there are divers wayes and meanes to procure plenty of money into a Kingdome for a short time which doe not therefore inrich but rather impoverish the same by the severall inconveniencies which ever accompany such alterations FOr first if we should melt downe our Plate into Coyne which suits not with the Majesty of so great a Kingdome except in cases of great extremity it would cause plenty of money for a time yet should we be nothing the richer but rather this Treasure being thus altered is made the more apter to be carried out of the Kingdome if we exceed our meanes by excesse in forraigne wares or maintaine a War by Sea or Land where we doe not feed and cloath the Souldier and supply the armies with our owne native provisions by which disorders our Treasure will soone be exhausted for it is not the Merchants exchange by bills that can prevent the last of these evills as some have supposed Againe if we thinke to bring in store of money by suffering forraigne Coynes to passe currant heere at higher rates then their intrinsicke value compared with our standard or by debasing or by inhaunsing our owne monies as some men have projected all these actions bring their severall inconveniences and notable ruines as well to the King as to his Subjects of which we omit to enlarge because it is not much pertinent to our cause in hand but rather admitting that by these courses plentie of money might be brought into the Realme yet should we be nothing the richer neither can such treasure so gotten long remaine with us for whether Treasure which cannot long remaine with us it be the stranger or the English Merchant that brings in this money it must ever be done upon a valuable consideration either for wares carried out already or after to be exported which helpes us nothing except the evill occasions of excesse or War aforenamed be removed which will exhaust our treasure for otherwise the money that one man bringeth in for gaine an other shall be forced to carry out for necessity because there shall ever be a necessity to ballance our account with Strangers although it should be done with great losse upon the rate of the money which is exported and perill or consiscations also if it be intercepted by the Law for necessity orgaine will ever find some means to violate such Lawes BUt if it should be
and his Subjects and to exhaust their Treasure Whether it be not a meanes to Counterpoize the Hollanders swelling-greatnesse by Trade and to keepe them from being absolute Lords of the Seas if they may drive us out of this rich Traffique as they have long endeavoured to performe THe safetie of the Kingdome consists not onely in i'ts owne strength and wealth but also in the laudable and lawfull performance of those things which will weaken and impoverish such powerfull Princes as either are or may become our Enemies Amongst which we will now ranke the Spaniard in the first place who being euabled by the power of his Indian Treasure not onely to keepe in subjection many goodly States and Provinces in Italy the Low-Countries and elsewhere which otherwise would soone fall from his obeyfance but also by a continuall Warre taking his advantages doth still enlarge his Dominions ayming at nothing more then Monarchy by this plenty of his money which are the very synewes of his strength that lye so far dispersed into so many Countries yet hereby united and his wants supplyed both for Warre and peace in a plentifull manner from all the part of Christendome which are therefore pertakers of his Treasure by a necessitie of commerce Spanish Treasure is exhausted by anecessity of commerce Wherein the Spanish policie hath ever indeavoured to prevent all other Nations the most it could For finding Spaine to bee too poore and barren to supply it selfe and the WEST-INDIES with those varieties of forraigne Wares whereof they stand in need they knew well that when their native Commodities come short to this purpose then their monies must serve to make up the reckoning whereupon they found incredible advantage by adding the Traffique of the East-Indies Spanish policie and profit in the East India Trade to the Treasure of the West For the last of these being imployed in the first they stored themselves infinitely with rich Wares to barter with all the parts of Christendome for their Commodities and so furnishing their owne necessities prevented others for carrying away their monies which in poynt of State they hold lesse dangerous to impart to the remote Indians then to their neighbour Princes least it should too much inable them to resist if not offend their Enemies And this Spanish policie against others is the more remarkeable being done likewise so much to their owne advantage For every Ryall of Eight which they sent to the East-Indies brought home so much Wares as saved them the disbursing of six Royalls of Eight here in EUROPE at the least to their neighbours especially in those times when that Trade was onely in their hands But now this great profit is fayled and the mischiefe removed by the English and Dutch who partake in those East-India Trades as amply as the Spanish Subjects IT is further to be considered that besides the disability of the Spanyard by their native Commodities to proviâ—e forraigne wares for their necessities whereby they are forced to supply their wants with money they have likewise that Canker of warre which doth infinitly exhaust their Treasure and disperse it Spanish Treasure is exhausted by Warre into Christendome even to their Enemies part by reprisall but especially thorough a necessary maintenance of those Armies which are composed of many strangers and lye so farre remote that they cannot feed Cloath or otherwise provide them out of their owne native meanes and provisions but must receive this reliefe from other Nations which The effects of different wars concerning Treasure kind of warre is farre different to that which a Prince maketh upon his owne confines or in his Navies by sea where the souldier receiving monies for his wages must everie day deliver it out againe for his necessities whereby the Treasure remaines still in the Kingdome although it be exhausted from the King but we see that the Spanyard trusting in the power of his Treasure undertakes Warres in Germanie and other remote places which would soone begger the richest Kingdome in Christendome of all their money the want whereof would presently disorder and bring the Armies to confusion as it falleth out sometimes with Spaine it selfe who hath the fountaine of money when either it is stopt in the passage by the force of their Enemies or drawne out faster then it flowes by their owne occasions whereby also we often see that Gold and Silver is so scarse in Spaine that they are forced to use base coppâ—r money to the great confusion of their Trade in want of supplies and not without the undoing also of many of their owne people BUt now that wee have seene the occasions by which the Spanish Treasure is dispersed into so many places of the world it is The Spanish treasure which is exhausted either by commerce or warre doth all come in the end into the generall Commerce of divers Nations needfull likewise to discover how and in what proportion each Countrie doth partake of these monies For wee find that Turkie and divers other Nations have great plenty thereof although they drive no Trade with Spaine which seemes to contradict the former reason where we say that this Treasure is obtained by a necessitie of Commerce but to cleare this point we must know that all Nations who have no Mines of their owne are inriched with Gold and Silver by one and the same meanes which is already shewed to be the ballance of their forraigne trades this is not strictly tyed to be done in those Countries where the fountaine of Treasure is but rather with such order and observations in the Trade and against excesse as are prescribed for suppose England by Commerce with Spaine may get and bring home five hundred thousand Ryalls of Eight yearely yet if wee loose as much by our Trade in Turkie and therefore carry the money thither it is not then the English but the Turkes who have got this Treasure although they have no Trade with Spaine from whence it was first brought Againe if England having thus lost with Turkie doe notwithstanding gaine twice asmuch by France Italy and other members of her generall Trade then will there remaine five hundred thousand Ryalls of Eight cleare gaines by the ballance of the same and this comparison holds betweene all other Nations both for the manner of getting and the proportion that is yearely gotten But yet if a question should be made whether all Nations get Treasure and Spaine onely loose it wee answer no for some Countries by Warre or by excesse doe loose that which they had gotten aswell as Spaine by Warre and want of Wares doth loose that which was its owne ANd so much shall suffice to shew that to partake in the Trade of the East-Indies doth not onely weaken Spaniards Navigation and strengthen our owne but also to impeach him in this rich Trade doth mightily exhaust his Treasure and increase our monies HAving done with the powerfull Spaniard we must now say something
England and housed to export the same at the best time for vent thereof in Spaine or Italy it cannot yeeld lesse in those parts then two hundred thousand pounds to make the Merchant but a faver yet by this reckoning we see the Kingdome hath doubled that Treasure AGaine this profit will be far greater when we Trade thus with our money in remote The trade to the East Indies in its proportion is the best trade and meanes wee have to increase our Treasure Countries as for example if we send one hundred thousand pounds into the East-Indies to buy Pepper there and bring it hither and from hence send it for Italy or Turky it must yeeld five hundred thousand pounds at least in those places in regard of the excessive charge which the Merchant disburseth in those long voyages in shipping wages victuals insuirance interest customes imposts and the like all which charges notwithstanding the King and the Kingdome gets And we may here observe that as the publike profit by forraigne Trade is the onely meanes whereby we gaine our Treasure So this Trade to the East-Indies in its proportion doth far excell all others THe third example is where the voyages are short and the wares rich which therefore will not imploy much shipping the profit to the Kingdome wil be far lesse as when an other hundred thousand pounds shall be imployed in Turky in raw silkes and brought hither to be after transported from hence into France the Low-Countries or Germany the Merchant shall have good gaine although he sell it there for one hundred and fifty thousand pounds and thus take the voyages all together in their Medium the ready monies exported wil be returned unto us neer trebled But if any man will yet object that these returnes come to us in wares and not really in monies as they were issued out THe answer is keeping our first ground that if our consumption of forraign wares be no more yearely then is already supposed and that our exportations be so mightily encreased by this manner of Trading with ready money as is before declared it is not then possible in the course of trade but that all the over-ballance or difference should returne either in money or in such wares as we must export againe which as is already plainely shewed will be still a greater meanes to increase our Treasure For it is in the stocke of a Kingdome as in the estates of private men who having store of wares doe not therefore say that they will not venture out or trade with their money for this were ridiculous but doe also turne that into wares whereby they multiply their money and so by a continuall and orderly change of one into the other grow rich and when they please turne all their estates into Treasure for they that have wares cannot want money and therefore the former objection is not considerable for what begot the monies which we sent out but our wares NEither is it said that money is the life of Trade as if it could not subsist or passe currant without the same for we know that there was great Trading by way of Commutation or Barter when there was little Money stirring in the world The Italians and some other Nations have such remedies against this want that it can neither decay nor hinder their Trade for they transferre Bils of Debt and have other wayes whereby they assigne their Credits from one to an other daily for very great summes with ease and satisfaction by Writing onely whilst in the meane time the Masse of Treasure which gave foundation to those Credits is imployed in forraine Trade as a merchandize which doth much increase Money inlargeth Trade and Trade increaseth money their trafficke It is not therefore the keeping of our Money in the Kingdome which makes a quicke and ample trade but the necessity and use of our Wares in forraigne Countries and our want of their Commodities which causeth the Vent and consumption on all sides WEe must not here forget the practise of the great Duke of Tuscany in his Port of Leghorne which of late yeares from a poore towne is become a faire City and one of the most famous places for trade in Christendom by the resort of many Nations but most especially by the English and Dutch with Merchandize to a very great valew yearely and yet it is worthy observation that the multitude of Ships and wares which come thither have little or no meanes to make their returnes from thence but onely in ready money which they may and doe carry away freely at all times and without Custome and such charges to the incredible advantage of the said Duke of Tuscany and his Subjects who are much inriched by the continuall great concourse of Merchants from all the States of the neighbour Princes bringing them plenty of money daily to supply their wants of the said wares And thus we see that the Current of Merchandise which carries away their Treasure becomes a flowing streame to fill them againe in a greater measure with money THe example of this growing greatnesse hath lately moved the Duke of Savoy publickely to declare his Princely resolution to all Nations offering them many priviledges and immunities that shall come to Trade in his free Port of Vila Franca and especially a liberty to carry away ready monies for all the Wares they bring or other occasions and yet we know that neither in Tuscany or Savoy are any Mines or monies more then they have and doe daily get by Trade but they know likewise that if we yearely bring them wares although for a very great valew the money will immediately follow for let no man doubt but that money must ever attend on Merchandize for they goe together and it is worthy the noting that those Princes are content to part with their treasure only to enjoy the trade of the wares which are brought them for which to encourage the Merchant they take no Custome whereas we by sending out our money doe gaine the imployment of our shipping the Trade of the wares and the profit of the Customs which is a treble benefit THere is yet an objection or two as weake as all the rest The first is that if we trade with our money we shall issue out the lesse wares as if a man should say those Countries which heretofore had occasion to consume our Cloath Lead Tynne Iron Fish and the like shall now make use of our monies in the place of those necessaries which to affirme were most absurd or that the Merchant had not rather carry out wares by which there is ever some gaines expected then to export money which is still but the same without any encrease BUt on the contrary there are many Countries which may yeeld us very large and profitable Trafficke for our money that otherwise afford us no trade at all because they have no use of our wares as namely the East-Indies for one in the first beginning thereof although since by industry in our Commerce with those Nations we have brought them into the use of much of our Cloath Lead and other things which is a good addition to the former vent of our Commodities AGaine some men have alledged that those Countries which permit money to be carried out doe it because they have few or no wares to trade withall but we have great store of Commodities and therefore their action ought not to be our example TO this the answer is briefly That if wee have such a quantity of wares as doth fully provide us of all things needfull from beyond the Seas why should we then doubt that our monies sent out in trade must not necessarily come back again in Treasure together with the great gains which it may procure in such manner as is before set down and on the other side if those Nations which send out their monies do it because they have few wares of their owne how come they then to have so much treasure as we ever see in those places which suffer it freely to be exported at all times and by whom so ever We answer even by trading with their monies For by what other means can they get it having no mines of Gold or Silver THus may wee plainely see that when this waighty businesse is duely considered in its end as all our humaine actions ought well Our humane actions ought especially to be considered in their ends to be weighed it is found much contrary to that which most men esteeme thereof because they search no further then the beginning of this worke which mis-informes their judgements and leads them into errour For if wee onely behold the actions of the Husbandman in the seed time when he casâ—eth away much good corne into the ground we will rather account him a mad man then a Husbandman but when we consider his labours in the Harvest which is the end of his indeavours We find the worth and plentifull increase of his actions Honour Whether it be not an honour sutable to the Majestie of so great a King and Kingdome WE have endeavoured upon all the former Quaeres to be as briefe as conveniently we might without obscurity now upon this last poynt there will be no occasion at all to inlarge for when it shall be found that the trade to the East-Indies is so good a meanes to increase our strength wealth safety treasure and that those discoveries have spread his Majesties fame into Persia Iapan China the Dominions of the great Magull and many other remote Nations of the Easterne world there will be no deniall but that these great blessings are so precious and honorable both to the King and his Kingdomes that they ought to be preserved with our best endeavours against the strongest opposition And for conclusion the East-India Companie doe humbly declare unto your Lordships and the honorable House of Commons that they have not made their Petition and this Remonstrance for their own private ends but for the publike good And even so having performed their duties they hope it shall be their sufficient discharge in all future times concerning the Suppressing or Supporting of the said Trade FINIS