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kingdom_n part_n whole_a world_n 2,444 5 4.7041 4 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A81511 A discourse concerning the East-India trade Wherein is shewed by arguments taken from a treatise written by Sir Josiah Child, reprinted this present year 1693, that the said trade may be carried on by a regulated company, to much greater advantage of the publick, than by a company with a joint-stock. 1693 (1693) Wing D1584; ESTC R231714 18,471 16

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be_v to_o private_a man_n it_o be_v a_o infallible_a indication_n that_o the_o nation_n in_o general_a ●…ives_n for_o i_o dare_v affirm_v that_o catagorical_o in_o all_o part_n of_o the_o whole_a world_n wherever_o ●rade_n be_v great_a and_o continue_v so_o and_o grow_v daily_o more_o great_a and_o increase_v in_o ●hipping_v and_o that_o for_o a_o succession_n not_o of_o year_n but_o of_o age_n that_o trade_n must_v 〈◊〉_d national_o profitable_a page_n 150._o the_o author_n say_v further_a where_o a_o great_a trade_n be_v drive_v especial_o where_o much_o ship_n be_v employ_v whatever_o become_v of_o the_o poor_a merchant_n that_o drive_v the_o trade_n multitude_n of_o people_n will_v be_v certain_a gainer_n as_o his_o majesty_n and_o his_o officer_n of_o custom_n be●●…_n shipwright_n butcher_n brewer_n baker_n rope-maker_n porter_n seaman_n 〈◊〉_d manufacture_n carman_n light_a man_n and_o all_o other_o artificere_fw-la and_o people_n t●●_n depend_v on_o trade_n or_o ship_n which_o indeed_o more_o or_o less_o the_o whole_a kingdom_n d●●_n and_o pag._n 154._o as_o have_v be_v already_o observe_v he_o call_v it_o the_o follow_v his_o own_o principle_n that_o if_o trade_n be_v great_a and_o much_o english_a ship_n employ_v it_o will_v be_v good_a the_o nation_n in_o general_n whatever_o it_o may_v be_v for_o the_o private_a merchant_n but_o to_o answer_v this_o objection_n more_o full_o it_o be_v very_o observable_a that_o there_o be_v a_o great_a trade_n drive_v from_o port_n to_o port_n in_o india_n and_o from_o thence_o for_o the_o red_a 〈◊〉_d persia_n the_o south_n sea_n china_n the_o manillus_n which_o go_v from_o thence_o to_o the_o spa●●_n west-indies_n than_o what_o be_v drive_v to_o europe_n and_o the_o particular_a merchant_n buy_v th●_n good_n in_o all_o those_o trade_n without_o a_o joint-stock_n and_o yet_o they_o do_v not_o ruin_v the_o self_n nor_o do_v they_o loose_v the_o trade_n or_o give_v away_o all_o the_o profit_n to_o the_o nati●●_n sometime_o they_o get_v more_o sometime_o less_o as_o there_o be_v a_o great_a or_o less_o qui●_n of_o good_n at_o the_o market_n and_o as_o there_o be_v more_o or_o less_o demand_v for_o they_o like_o manner_n as_o in_o all_o other_o trade_n and_o it_o may_v not_o be_v amiss_o to_o observe_v that_o 〈◊〉_d have_v neither_o force_n fort_n nor_o castle_n in_o india_n to_o drive_v their_o trade_n i_o shall_v on_o add_v that_o many_o of_o the_o member_n of_o this_o company_n do_v public_o declare_v themsel●●_n favour_n of_o a_o open_a trade_n by_o a_o regulate_v company_n if_o the_o present_a company_n she_o be_v dissolve_v which_o show_v plain_o that_o it_o be_v nothing_o but_o private_a interest_n 〈◊〉_d make_v they_o now_o against_o it_o 2d_o object_n private_a merchant_n will_v only_o look_v to_o their_o present_a gain_n etc._n etc._n this_o joint-stock_n company_n instead_o of_o discover_v any_o new_a trade_n have_v lose_v seve●●_n trade_n which_o the_o english_a nation_n have_v former_o they_o have_v give_v the_o 〈◊〉_d the_o whole_a spice-trade_n we_o have_v the_o island_n of_o pelleroon_n and_o amboine_n and_o 〈◊〉_d ctory_n at_o maceassar_n which_o if_o they_o have_v recover_v back_o from_o the_o dutch_a accord_n to_o the_o treaty_n of_o peace_n will_v have_v furnish_v we_o with_o spice_n enough_o for_o our_o 〈◊〉_d and_o wherewithal_o to_o supply_v other_o country_n and_o they_o have_v likewise_o lose_v the_o 〈◊〉_d of_o bamam_fw-la and_o thereby_o give_v the_o dutch_a a_o opportunity_n to_o engross_v not_o only_a pepper_n trade_n but_o likewise_o in_o time_n to_o shus_o we_o quite_o out_o of_o the_o south-sea_n and_o 〈◊〉_d trade_n which_o last_o though_o it_o have_v be_v in_o a_o manner_n whole_o neglect_v by_o they_o 〈◊〉_d be_v make_v more_o beneficial_a to_o this_o kingdom_n than_o most_o of_o their_o other_o trade_n they_o have_v in_o a_o manner_n lose_v all_o other_o trade_n except_v only_o their_o trade_n in_o the_o 〈◊〉_d gull_n be_v dominion_n which_o if_o it_o have_v be_v possible_a to_o loose_v and_o for_o the_o dutch_a to_o 〈◊〉_d engross_v the_o company_n have_v take_v a_o great_a deal_n of_o pain_n to_o give_v they_o a_o opportunity_n to_o do_v it_o all_o the_o new_a trade_n which_o they_o have_v discover_v instead_o of_o the_o which_o they_o have_v lose_v be_v our_o settlement_n at_o bencooben_n a_o place_n which_o find_v a_o 〈◊〉_d vent_v for_o our_o manufacture_n if_o the_o live_v of_o poor_a english_a man_n may_v be_v call_v manufacture_n as_o they_o have_v be_v account_v by_o some_o of_o the_o great_a man_n of_o 〈◊〉_d company_n upon_o the_o occasion_n of_o our_o first_o settle_v there_o that_o place_n have_v prove_v golgotha_n to_o our_o english_a man_n and_o let_v it_o cost_v what_o it_o will_v the_o fortify_v that_o be_v the_o moral_o speak_v impregnable_a asylum_n as_o they_o call_v it_o to_o the_o english_a nati●●_n which_o it_o be_v ever_o like_a to_o be_v if_o this_o be_v all_o the_o improvement_n which_o have_v be_v make_v a_o joint-stock_n in_o the_o east-india_n trade_n during_o 36_o year_n it_o have_v be_v well_o for_o 〈◊〉_d land_n there_o have_v be_v no_o joint-stock_n in_o the_o trade_n or_o none_o of_o this_o improvement_n have_v save_v several_a hundred_o poor_a english_a man_n life_n which_o have_v be_v send_v thither_o dye_v like_o dog_n iii_o object_n if_o joint-stock_n be_v so_o prejudicial_a to_o the_o public_a etc._n etc._n for_o reply_v thereunto_o it_o be_v to_o be_v observe_v that_o in_o the_o infancy_n of_o trade_n a_o especial_o of_o such_o as_o be_v remote_a where_o particular_a person_n will_v not_o 〈◊〉_d ●…ear_v of_o the_o disappointment_n that_o commen_o attend_v the_o first_o undertake_n ●●●●t_n stock_n have_v be_v think_v necessary_a but_o be_v not_o so_o when_o a_o trade_n be_v full_o ●●wered_v and_o settle_v and_o when_o it_o can_v be_v carry_v on_o as_o well_o or_o better_a by_o particular_a 〈◊〉_d without_o a_o joint-stock_n for_o as_o joint_a stock_n may_v be_v useful_a in_o make_v the_o 〈◊〉_d discovery_n and_o settlement_n of_o trade_n and_o especial_o of_o such_o as_o be_v remote_a so_o 〈◊〉_d have_v always_o be_v prejudicial_a to_o the_o future_a improvement_n and_o increase_n of_o those_o 〈◊〉_d trade_n after_o their_o first_o settlement_n by_o not_o leave_v a_o full_a scope_n to_o industry_n 〈◊〉_d as_o may_v plain_o appear_v by_o the_o slow_a progress_n little_a improvement_n less_o discovery_n which_o have_v be_v make_v in_o the_o east-india_n and_o guinea_n trade_n 〈◊〉_d their_o first_o be_v frequent_v if_o compare_v with_o the_o improvement_n of_o most_o 〈◊〉_d since_o that_o time_n where_o industry_n and_o ingenuity_n have_v have_v their_o full_a course_n 〈◊〉_d be_v free_v from_o these_o shackle_n of_o which_o there_o need_v no_o other_o demonstration_n those_o vast_a improvement_n that_o have_v be_v make_v in_o our_o own_o west-india_n planta●●●●…_n which_o can_v have_v be_v in_o no_o manner_n of_o proportion_n so_o considerable_a if_o they_o 〈◊〉_d be_v manage_v by_o a_o company_n and_o especial_o a_o company_n which_o a_o exclusive_a joint_n 〈◊〉_d and_o this_o the_o author_n acknowledge_v fol._n 84._o we_o have_v say_v he_o decline_v more_o 〈◊〉_d least_o have_v increase_v less_o in_o those_o trade_n limit_v to_o company_n than_o in_o other_o 〈◊〉_d there_o all_o his_o majesty_n subject_n have_v have_v equal_a freedom_n to_o trade_n and_o it_o be_v very_o remarkable_a how_o great_a enemy_n restrant_n be_v to_o discovery_n and_o improvement_n by_o 〈◊〉_d great_a country_n and_o people_n which_o be_v yet_o unknown_a to_o we_o towards_o the_o south_n 〈◊〉_d compare_v with_o those_o towards_o the_o north_n pole_n which_o country_n be_v as_o ●●…ote_v from_o the_o sun_n may_v doubtless_o afford_v a_o great_a consumption_n to_o our_o woollen_a manufacture_n and_o supply_v we_o with_o some_o useful_a commodity_n in_o lien_n of_o they_o and_o 〈◊〉_d want_n of_o these_o discovery_n can_v be_v impute_v to_o nothing_o but_o the_o restraint_n 〈◊〉_d trade_n occasion_v by_o the_o english_a and_o dutch_a east-india_n company_n and_o the_o ●●…ity_n of_o the_o spaniard_n in_o prohibit_v trade_n into_o their_o west-indies_n and_o though_o it_o be_v acknowledge_v that_o the_o dutch_a carry_v on_o their_o east_n india_n trade_n 〈◊〉_d a_o joint-stock_n yet_o that_o be_v no_o rule_n for_o this_o nation_n to_o do_v the_o like_a if_o it_o may_v be_v ma●●…ed_v to_o more_o public_a advantage_n in_o some_o other_o method_n for_o the_o question_n be_v not_o 〈◊〉_d the_o dutch_a manage_v this_o trade_n but_o how_o the_o english_a may_v do_v it_o so_o as_o to_o be_v ●ost_o beneficial_a to_o this_o kingdom_n and_o to_o enable_v we_o best_o to_o cope_v with_o the_o dutch_a 〈◊〉_d whether_o that_o may_v not_o be_v do_v better_a without_o a_o joint-stock_n than_o with_o 〈◊〉_d the_o dutch_a it_o be_v true_a begin_v their_o trade_n to_o the_o east-indies_n by_o
guinea_n trade_n may_v be_v carry_v on_o by_o a_o company_n of_o merchant_n without_o a_o joint-stock_n and_o that_o if_o force_n fort_n etc._n etc._n be_v necessary_a for_o the_o good_a 〈◊〉_d security_n of_o those_o trade_n they_o may_v be_v maintain_v by_o such_o a_o regulate_v ●●●pany_n as_o well_o as_o by_o a_o joint-stock_n and_o of_o this_o their_o own_o permission_n trade_n be_v sufficient_a demonstration_n for_o which_o licence_n to_o trade_n they_o have_v exact_v from_o 〈◊〉_d fellow-subject_n 30_o 40_o and_o 50_o l._n per_fw-la cent._n a_o much_o great_a tax_n than_o what_o 〈◊〉_d necessary_a to_o be_v levy_v by_o a_o regulate_v company_n for_o the_o support_n of_o their_o charge_n and_o it_o can_v be_v suppose_v if_o the_o author_n have_v not_o be_v full_o convince_v of_o his_o be_v upon_o a_o wrong_a foundation_n but_o that_o a_o person_n of_o his_o great_a part_n and_o ingenuity_n wou●●_n have_v give_v some_o better_a reason_n to_o the_o world_n why_o those_o trade_n ought_v as_o ●●_o say_v for_o the_o public_a good_a to_o be_v manage_v by_o a_o joint-stock_n than_o bare_o his_o ow●_n assert_v that_o so_o it_o seem_v evident_a to_o he_o the_o reader_n may_v well_o be_v surprise●_n how_o the_o author_n shall_v come_v to_o draw_v such_o a_o conclusion_n from_o those_o premise_n a●●_n as_o it_o have_v be_v already_o observe_v he_o have_v give_v no_o reason_n for_o this_o his_o opinion_n although_o it_o be_v so_o contrary_a to_o his_o own_o maxim_n so_o that_o it_o be_v plain_a nothing_o but_o ●●_o own_o interest_n in_o the_o east-india_n stock_n can_v make_v that_o seem_v evident_a to_o he_o to_o best_a in_o this_o trade_n of_o which_o the_o direct_a contrary_n in_o his_o opinion_n be_v most_o for_o t●●_n public_a good_a in_o all_o other_o trade_n and_o as_o it_o will_v not_o have_v be_v decent_a in_o he_o tell_v the_o world_n for_o a_o reason_n how_o great_a his_o concern_v be_v in_o the_o joint-stock_n the_o east-india_n company_n so_o it_o will_v not_o 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give_v we_o a●●_n cause_n to_o esteem_v they_o so_o have_v thus_o consider_v the_o author_n reason_n which_o he_o have_v offer_v for_o m●●_n nage_v the_o east-india_n trade_n in_o this_o method_n i_o shall_v consider_v the_o three_o thing_n wh●_n i_o propose_v which_o be_v iii_o to_o show_v how_o inconsistent_a the_o present_a constitution_n of_o the_o east-india_n co●●_n pany_v trade_n be_v with_o the_o author_n be_v own_o proposition_n i_o think_v there_o need_v no_o other_o argument_n to_o prove_v this_o then_o only_o what_o i_o h●●_n already_o observe_v and_o take_v from_o the_o author_n be_v say_v treatise_n but_o because_o so●●_n thing_n more_o particular_a may_v be_v expect_v i_o shall_v do_v it_o brief_o it_o be_v plain_a by_o the_o author_n opinion_n fol._n 81._o that_o all_o restraint_n in_o trade_n be_v naug●●_n i_o conclude_v however_o say_v he_o that_o all_o restriction_n of_o trade_n be_v naught_o and_o consequent_a that_o no_o company_n what_o soever_o can_v be_v for_o the_o public_a good_a except_o it_o be_v easy_a for_o all_o on●_n of_o his_o majesty_n subject_n to_o be_v admit_v etc._n etc._n joint-stock_n especial_o exclusive_a o●_n be_v monopoly_n and_o be_v effectual_a restraint_n in_o trade_n so_o that_o they_o perfect_o c●●_n tradict_v the_o author_n principle_n be_v so_o many_o shackle_n to_o trade_n and_o curb_v to_o indu●●_n and_o ingenuity_n which_o hinder_v the_o increase_n of_o hand_n and_o stock_n in_o trade_n and_o 〈◊〉_d most_o of_o the_o advantage_n that_o be_v make_v thereby_o to_o man_n of_o great_a estate_n who_o tho●●_n they_o be_v never_o such_o idle_a drone_n and_o sluggard_n lazy_o reap_v and_o enjoy_v the_o be●●_n of_o the_o labour_n and_o pain_n of_o other_o who_o have_v small_a estate_n be_v more_o ac●●_n and_o industrious_a and_o they_o be_v inconsistent_a with_o one_o of_o the_o chief_a rule_n lay_v down_o the_o author_n for_o the_o enlargement_n of_o our_o trade_n pag._n 154._o viz._n to_o make_v it_o interest_n of_o 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with_o very_o little_a variation_n proper_o be_v apply_v to_o those_o who_o ●●e_v so_o earnest_a and_o solicitous_a for_o the_o continuance_n of_o this_o company_n and_o oppose_v the_o ●●rrying_n on_o of_o this_o trade_n in_o a_o regulate_v company_n the_o sufferer_n i_o know_v none_o but_o idle_a person_n that_o live_v with_o little_a labour_n not_o work_v with_o their_o hand_n or_o head_n to_o bring_v either_o wax_n or_o honey_n to_o the_o common_a hive_n of_o the_o kingdom_n but_o swell_v their_o own_o purse_n by_o the_o sweat_n of_o other_o man_n brow_n and_o contrivance_n of_o other_o man_n brain_n and_o how_o unprofitable_a it_o be_v for_o a_o nation_n to_o suffer_v idleness_n to_o suck_v the_o breast_n of_o industry_n need_v no_o demonstration_n in_o a_o regulate_v company_n of_o merchant_n there_o be_v a_o constant_a and_o easy_a admission_n for_o man_n which_o be_v the_o increase_v of_o hand_n and_o stock_n in_o trade_n so_o much_o commend_v the_o author_n and_o which_o he_o declare_v to_o be_v as_o essential_o necessary_a to_o the_o prosperity_n any_o trade_n as_o man_n and_o money_n be_v to_o warfare_n yet_o the_o author_n magnify_v the_o admission_n into_o the_o east-india_n company_n and_o find_v ●●●lt_v with_o the_o narrowness_n of_o that_o into_o the_o other_o company_n of_o merchant_n whereas_o ●charge_v thereof_o be_v general_o small_a and_o the_o privilege_n great_a for_o any_o one_o who_o once_o admit_v into_o a_o regulate_v company_n may_v drive_v as_o great_a a_o trade_n as_o he_o ●●ases_v without_o limitation_n and_o it_o be_v such_o a_o admission_n which_o increase_v hand_n and_o ●●●k_v in_o trade_n two_o of_o the_o general_n rule_v which_o the_o author_n lay_v down_o in_o fol._n 154._o ●●_o the_o enlarge_n our_o trade_n and_o though_o all_o the_o restraint_n that_o be_v in_o most_o other_o ●●ades_n under_o regulate_v company_n may_v easy_o be_v remove_v and_o those_o may_v proper_o be_v say_v to_o restrain_v themselves_o who_o be_v not_o admit_v because_o they_o do_v ●t_a think_v it_o worth_a their_o while_n yet_o the_o author_n be_v of_o opinion_n that_o even_o those_o ●●traints_n ought_v to_o be_v take_v away_o and_o the_o freedom_n of_o trade_n make_v more_o easy_a use_v in_o the_o author_n answer_n make_v in_o the_o company_n name_v to_o the_o regulation_n propose_v by_o the_o lord_n of_o the_o council_n he_o say_v trade_n be_v a_o free_a agent_n and_o must_v not_o limit_v or_o bound_v if_o it_o be_v so_o in_o any_o nation_n it_o will_v never_o prosper_v and_o in_o another_o ●●●ce_n of_o the_o same_o answer_n trade_n must_v be_v free_a for_o the_o public_a good_a otherwise_o it_o ●●_o dye_o or_o fly_v away_o yet_o he_o approve_v of_o the_o restraint_n in_o the_o east-india_n trade_n as_o necessary_a for_o the_o public_a good_a though_o that_o be_v such_o a_o
be_v carry_v on_o ●●hout_n they_o and_o they_o can_v be_v maintain_v without_o a_o joint_a stock_n they_o have_v the_o company_n above_o a_o million_o of_o money_n and_o be_v their_o property_n and_o they_o ●ot_n be_v force_v to_o part_v with_o they_o and_o if_o they_o shall_v how_o can_v they_o be_v for_o they_o these_o seem_v to_o be_v the_o most_o considerable_a objection_n which_o have_v occur_v to_o i_o to_o have_v be_v offer_v against_o the_o carry_n on_o the_o east-india_n trade_n by_o a_o regulate_v company_n and_o if_o upon_o examination_n they_o shall_v appear_v to_o be_v of_o no_o weight_n it_o will_v then_o doubtless_o be_v admit_v that_o for_o the_o public_a good_a the_o east-india_n trade_n ought_v not_o to_o be_v carrve_v on_o by_o a_o joint_a stock_n and_o especial_o a_o exclusive_a one_o but_o in_o a_o open_a trade_n by_o a_o company_n of_o merchant_n like_o the_o turkey_n o●_n other_o regulate_v company_n first_o objection_n the_o trade_n will_v be_v spoil_v etc._n etc._n the_o author_n himself_o answer_v this_o objection_n in_o p._n 84_o 85_o caveat_n emptor_n say_v he_o let_v particular_a man_n look_v to_o themselves_o and_o so_o doubtless_o they_o will_v in_o those_o trade_n for_o which_o there_o be_v now_o company_n as_o well_o as_o they_o do_v in_o other_o for_o which_o there_o be_v 〈◊〉_d company_n it_o be_v the_o care_n of_o lawmaker_n first_o and_o principal_o to_o provide_v for_o th●_n people_n in_o gross_n not_o particular_n and_o if_o the_o consequence_n of_o so_o easy_a a_o admission_n shall_v be_v to_o make_v our_o manufacture_n cheap_a abroad_o and_o foreign_a commodity_n cheap_a here_o as_o be_v allege_v our_o nation_n in_o general_n will_v have_v the_o advantage_n both_o way_n if_o in_o a_o open_a trade_n people_n will_v ruin_v themselves_o by_o trade_v to_o loss_n its_o a●_n argument_n the_o trade_n will_v be_v drove_n and_o then_o it_o will_v not_o be_v in_o b●_n be_v open_a to_o fall_v into_o the_o hand_n of_o the_o dutch_a which_o its_o very_a likely_a to_o d●_n if_o it_o continue_v in_o this_o company_n the_o dutch_a dont_fw-fr desire_n to_o have_v east-india_n good_a sell_v so_o cheap_a here_o to_o ruin_v we_o for_o they_o will_v get_v little_a by_o that_o way_n of_o trading_n the_o charge_n of_o their_o trade_n so_o much_o exceed_v we_o by_o reason_n of_o the_o great_a garrison_n which_o they_o be_v force_v to_o maintain_v to_o secure_v their_o cinnamon_n and_o spice_n trade_n and_o it_o be_v undeniable_o certain_a that_o the_o dutch_a desire_n nothing_o so_o much_o as_o the_o continuant_fw-la of_o this_o company_n nor_o fear_v any_o thing_n more_o than_o a_o regulate_v company_n for_o this_o trade_n this_o objection_n may_v as_o well_o be_v make_v against_o all_o trade_n which_o be_v not_o drive_v by_o joynt-stock_n it_o may_v probable_o happen_v that_o those_o who_o may_v trade_n in_o a_o free_a and_o open_a trade_n under_o a_o regulate_v company_n may_v not_o get_v 2_o or_o 3_o for_o one_o o●_n the_o good_n which_o they_o may_v import_v as_o the_o company_n now_o do_v by_o reason_n of_o the_o excessive_a price_n they_o sell_v at_o by_o be_v engross_v into_o one_o hand_n and_o their_o have_v ftarve_v the_o trade_n but_o in_o time_n of_o peace_n may_v get_v 20_o or_o 30_o per_fw-la cent._n only_o and_o they_o will_v be_v very_o well_o content_v to_o get_v no_o more_o which_o small_a profit_n must_v in_o a_o little_a time_n quite_o beat_v the_o dutch_a out_o of_o all_o except_o the_o spice_n trade_n for_o it_o be_v well_o know_v they_o deal_v but_o very_o little_a in_o calico_n and_o other_o manufacture_n till_o the_o price_n of_o east-india_n good_n be_v enhance_v to_o such_o extravagant_a rate_n as_o they_o have_v be_v of_o late_a nor_o do_v they_o or_o we_o get_v so_o much_o on_o those_o good_n former_o when_o a_o large_a trade_n be_v drive_v nor_o can_v the_o profit_n be_v so_o great_a on_o that_o trade_n hereafter_o which_o way_n soever_o it_o shall_v be_v manage_v but_o it_o be_v better_a for_o the_o nation_n to_o have_v 10_o l._n per_fw-la cent._n gain_v on_o 300_o l._n employ_v in_o trade_n then_o to_o have_v but_o 100_o l._n employ_v by_o which_o the_o merchant_n shall_v get_v 30_o l._n per_fw-la cent._n the_o make_v a_o great_a profit_n on_o a_o particular_a trade_n may_v be_v fit_a for_o particular_a man_n to_o consider_v that_o drive_v that_o trade_n but_o be_v never_o yet_o think_v a_o consideration_n worthy_a the_o legislator_n provide_v for_o so_o as_o the_o nation_n in_o general_n get_v by_o the_o trade_n for_o the_o great_a profit_n which_o particular_a man_n may_v make_v be_v for_o the_o most_o part_n direct_o opposite_a to_o the_o interest_n of_o the_o public_a and_o it_o be_v contrary_a to_o the_o author_n maxim_n lay_v down_o in_o p._n 84_o 85_o and_o in_o his_o preface_n as_o be_v already_o observe_v for_o we_o must_v distinguish_v say_v he_o between_o the_o profit_n of_o the_o merchant_n and_o the_o g●●●_n of_o the_o kingdom_n which_o be_v so_o far_o from_o be_v always_o parallel_n that_o frequency_n they_o run_v counter_a the_o one_o to_o the_o other_o the_o more_o tader_n there_o be_v the_o better_a it_o be_v for_o the_o public_a though_o perhaps_o it_o 〈◊〉_d be_v worse_o for_o the_o private_a merchant_n that_o drive_v those_o trade_n the_o more_o ●ds_n be_v export_v and_o import_v the_o more_o ship_n employ_v the_o more_o custom_n pay_v 〈◊〉_d cheap_a our_o manufacture_n be_v abroad_o and_o the_o great_a the_o consumption_n of_o our_o 〈◊〉_d good_n the_o nation_n in_o general_n will_v have_v the_o advantage_n though_o the_o trader_n may_v 〈◊〉_d and_o the_o cheap_a east-india_n good_n be_v the_o subject_n will_v pay_v the_o less_o what_o be_v consume_v at_o home_n and_o the_o more_o of_o they_o will_v be_v again_o export_v road_n for_o other_o nation_n and_o country_n who_o will_v thereby_o be_v encourage_v to_o trade_n to_o we_o but_o it_o may_v very_o well_o seem_v strange_a that_o the_o cheapness_n of_o commodity_n shall_v be_v ●…de_v a_o argument_n against_o that_o method_n of_o trade_n which_o will_v make_v they_o so_o see_v what_o the_o author_n chiesly_a aim_n at_o in_o his_o treatise_n in_o respect_n of_o all_o other_o trade_n the_o lower_a interest_n and_o make_v ingenuity_n and_o industry_n necessary_a and_o be_v what_o lay_v down_o as_o a_o essential_a maxim_n to_o be_v observe_v which_o will_v enable_v we_o to_o cope_v trade_n with_o our_o neighbour_n and_o especial_o the_o dutch_a and_o yet_o this_o be_v the_o ●…in_a objection_n against_o a_o open_a trade_n to_o the_o east-indies_n by_o a_o regulate_v company_n ●…out_v a_o joint-stock_n but_o this_o when_o it_o be_v consider_v be_v so_o far_o from_o be_v a_o object_n against_o it_o that_o it_o be_v one_o of_o the_o strong_a argument_n which_o can_v be_v use_v for_o it_o it_o be_v one_o of_o those_o general_a rule_n which_o the_o author_n lay_v down_o for_o the_o enlarge_v of_o the_o trade_n of_o england_n in_o fol._n 159._o to_o make_v it_o the_o interest_n of_o other_o nation_n to_o trade_n with_o we_o we_o must_v be_v sure_o say_v he_o to_o furnish_v they_o as_o cheap_a or_o cheap_a than_o any_o other_o nation_n can_v or_o do_v etc._n etc._n ●s_a for_o the_o instance_n that_o it_o have_v already_o be_v find_v by_o experience_n that_o when_o this_o 〈◊〉_d be_v former_o open_a people_n ruin_v themselves_o by_o trade_n to_o loss_n there_o 〈◊〉_d not_o one_o ten_o part_n of_o the_o calico_n and_o other_o east-india_n good_n consume_v there_o be_v now_o and_o have_v be_v of_o late_a year_n and_o if_o that_o be_v a_o objection_n allow_v ●ast_v a_o open_a trade_n for_o the_o east-indies_n it_o will_v likewise_o hold_v against_o any_o trade_n be_v drive_v thither_o because_o that_o there_o be_v former_o a_o loss_n by_o it_o even_o whilst_o trade_n be_v manage_v by_o a_o joint-stock_n as_o well_o as_o there_o be_v when_o it_o be_v open_a as_o appear_v in_o fol._n 41._o of_o that_o treatise_n there_o be_v say_v the_o author_n some_o man_n yet_o live_v who_o do_v remember_v a_o great_a trade_n to_o east-india_n and_o a_o far_o great_a stock_n employ_v therein_o then_o we_o have_v now_o and_o yet_o we_o be_v so_o far_o from_o thrive_a upon_o it_o that_o we_o lose_v by_o it_o and_o can_v never_o 〈◊〉_d our_o principal_a money_n again_o yet_o it_o be_v evident_a by_o the_o author_n opinion_n p._n 148_o 150_o and_o 154._o that_o the_o mer●t_n may_v loose_v in_o a_o trade_n and_o the_o nation_n still_o gain_v and_o that_o there_o be_v a_o great_a difference_n ●een_n the_o gain_n of_o the_o kingdom_n and_o that_o of_o the_o private_a merchant_n pag._n 148._o say_v he_o if_o our_o trade_n and_o ship_n increase_v how_o small_a or_o slow_a soever_o the_o profit_n