Child on Economy

Child on Economy - Brief Observations Concerning Trade and...

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by J.C. London, Printed for Elizabeth Calvert at the Black-spread Eagle in Barbican, and Henry Mortlock at the Sign of the White-Heart in Westminster Hall. 1668 Josiah Child 1668 The prodigious increase of the Netherlanders in their domestick and forreign Trade, Riches, and multitude of Shipping, is the envy of the present, and may be the wonder of all future Generations: And yet the means whereby they have thus advanced themselves, are sufficiently obvious, and in a great measure imitable by most other Nations, but more easily by us of this Kingdom of England, which I shall endeavour to demonstrate in the following discourse. Some of the said means by which they have advanced their Trade, and thereby improved their Estates, are these following: First, They have in their greatest Councils of State and War, trading Merchants that have lived abroad in most parts of the World; who have not onely the Theoretical Knowledge, but the Practical Experience of Trade, by whom Laws and Orders are contrived, and Peaces with forreign Princes projected, to the great advantage of their Trade. Secondly, Their Law of Gavel-kind, whereby all their Children possess an equal share of their Fathers Estates after their decease,and so are not left to wrastle with the world in their youth, with inconsiderable assistance of fortune, as most of our youngest Sons of Gentlemen in England are, who are bound Apprentices to Merchants. Thirdly, Their exact making of all their Native Commodities, and packing of their Herrings, Codfish, and all other Commodities, which they send abroad in great quantities; the consequence whereof is, That the repute of their said Commodities abroad continues alwyas good, and the Buyers will accept of them by the marks, without opening; whereas the Fish which our English make in Newfound-Land and New-England,a nd Herrings at Yarmouth, often prove false and deceitfully made, and our Pilchards from the West Country false packed; seldom containing the quantity for which the Hogsheads are marked in which they are packed. And in England the attempts which our fore-fathers made for Regulating of Manufactures, when left to the Execution of some particular person, in a short time resolved but into a Tax upon the Commodity, without respect to the goodness thereof; as most notoriously appears in the business of the AULNAGE, which doubtless our Predecessors intended for a scrutiny in o the goodness of the Commodity; and to that purpose a Seal was invented, as a signal that the Commodity was made according to the Statutes, which Seals it is said, may now be bought by Thousands, and put upon what the Buyers please. Fourthly, Their giving great incouragement and immunities to the Inventors of
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Child on Economy - Brief Observations Concerning Trade and...

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