A discourse of trade, from England vnto the East-Indies answering to diuerse obiections which are vsually made against the same. By T.M. Discourse of trade, from England unto the East-Indies. Mun, Thomas, 1571-1641. 1621 Approx. 103 KB of XML-encoded text transcribed from 33 1-bit group-IV TIFF page images. Text Creation Partnership, Ann Arbor, MI ; Oxford (UK) : 2007-01 (EEBO-TCP Phase 1). A07886 STC 18255 ESTC S101128 99836952 99836952 1252 This keyboarded and encoded edition of the work described above is co-owned by the institutions providing financial support to the Early English Books Online Text Creation Partnership. This Phase I text is available for reuse, according to the terms of Creative Commons 0 1.0 Universal . The text can be copied, modified, distributed and performed, even for commercial purposes, all without asking permission. Early English books online. (EEBO-TCP ; phase 1, no. A07886) Transcribed from: (Early English Books Online ; image set 1252) Images scanned from microfilm: (Early English books, 1475-1640 ; 967:04) A discourse of trade, from England vnto the East-Indies answering to diuerse obiections which are vsually made against the same. By T.M. Discourse of trade, from England unto the East-Indies. Mun, Thomas, 1571-1641. [6], 58 p. Printed by Nicholas Okes for Iohn Pyper, London : 1621. T.M = Thomas Mun. Some print faded and show-through. Reproduction of original in the Yale University Library. Created by converting TCP files to TEI P5 using tcp2tei.xsl, TEI @ Oxford. Re-processed by University of Nebraska-Lincoln and Northwestern, with changes to facilitate morpho-syntactic tagging. Gap elements of known extent have been transformed into placeholder characters or elements to simplify the filling in of gaps by user contributors. 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Copies of the texts have been issued variously as SGML (TCP schema; ASCII text with mnemonic sdata character entities); displayable XML (TCP schema; characters represented either as UTF-8 Unicode or text strings within braces); or lossless XML (TEI P5, characters represented either as UTF-8 Unicode or TEI g elements). Keying and markup guidelines are available at the Text Creation Partnership web site . eng East India Company -- Early works to 1800. East Indies -- Commerce -- Great Britain -- Early works to 1800. 2005-11 TCP Assigned for keying and markup 2006-03 SPi Global Keyed and coded from ProQuest page images 2006-05 Derek Lee Sampled and proofread 2006-05 Derek Lee Text and markup reviewed and edited 2006-09 pfs Batch review (QC) and XML conversion A DISCOVRSE of Trade , From England vnto the East-Indies : Answering to diuerse Obiections which are vsually made against the same . By T. M. LONDON . Printed by Nicholas Okes for Iohn Pyper . 1621. Briefe Notes directing to the seuerall parts which are handled in the Answeres made to the foure Obiections against the East-India Trade in the Discourse following . The parts of the first Obiection , Page 4. 1. IN the first part is shewed the necessary vse of Drugges , Spices , Indico , Raw-silke and Callicoes . 2 , In the second part is declared the great summes of ready monies which are yeerely saued to Christendome in generall , by fetching the wares of the East-Indies directly in shipping from thence . page 8. 3. In the third part , is proued , that the Trade from England to the East-Indies doth not consume , but rather greatly increase the generall stocke and Treasure of this Realme . page 19. The parts of the second Obiection , Page 29. 1. In the first part is set forth the noble vse of Ships ; and that the timber , planke , and other Materials of this Kingdome for the building of Shipping , are neither become scant nor dearer since the East-India Trade beganne . Ibidem . 2. In the second part is shewed the great strength of shipping and warlike prouisions , which the East-India Company haue alwayes in readinesse for the seruice of the Kingdome . pag. 31. The parts of the third Obiection , page 33. 1. The East-India Trade doth not make victuals deare , but is a meanes to increase our plenty . Ibidem . 2. In breadeth more Marriners then it doth ordinarily consume , and disburtheneth the Kingdome of very many leude people . page 35. 3. It hath not destroyed any other Trade or shipping of this Realme , but hath encreased both the one and the other ; besides the great addition of it selfe vnto the strength and traffique of this Kingdome . page 37. 4. It doth not increase the number of the poore of this Realme ( as is erroniously supposed ) ▪ but it doth maintayne and releeue many hundreds of people by their imployments , and Charitie . page 42. 5. It doth saue the Kingdome yeerely 75000.l. sterling , or thereabouts , of that which it was accustomed to spend in Spices and Indico onely , when they were brought vs from Turkey and Lixborne . page 43. The parts of the fourth Obiection , Page 46. 1. The East-India Trade doth not hinder the imployment of his Maiesties Mint . Ibidem . 2. The proposition to put downe the East-India Trade is grounded vpon idle and false reports , tending to the great hurt of the King and his people . pag. 48. 3. A briefe Narration of a Kingdomes riches , with the foure principall causes which may decay the generall stocke and treasure of this Realme in particular . page 49. A DISCOVRSE OF Trade from England vnto the East Indies : Answering to diuerse Obiections which are vsually made against the same . THe trade of Merchandize , is not onely that laudable practize wherby the entercourse of Nations is so worthily performed , but also ( as I may terme it ) the verie Touchstone of a kingdomes prosperitie , when therein some certen rules shall be diligently obserued . For , as in the estates of priuate persons , wee may accompt that man to prosper and growe rich , who being possessed of reuenues more or lesse , doth accordingly proportion his expences ; whereby he may yearelie aduance some maintenance for his posteritie . So doth it come to passe in those Kingdomes , which with great care and warinesse doe euer vent out more of their home commodities , then they import and vse of forren wares ; for so vndoubtedly the remainder must returne to them in treasure . But where a contrarie course is taken , through wantonnesse and riot ; to ouer waste both forren and domestike wares ; there must the money of necessitie be exported , as the meanes to helpe to furnish such excesse , and so by the corruption of mens conditions and manners , manie rich countries are made exceeding poore , whilest the people thereof , too much affecting their owne enormities , doe lay the fault in something else . Wherefore , industry to increase , and frugalitie to maintaine , are the true watchmen of a kingdomes treasury ; euen when , the force and feare of Princes prohibitions cannot possibly retaine the same . And therefore , as it is most plaine , that proportion or quantitie , must euer be regarded in the importing of forren wares ; so must there also be a great respect of qualitie and vse ; that so , the things most necessarie be first preferred ; such as are foode , rayment , and munition for warre and trade ; which great blessinges , when any countrie doth sufficiently enioy ; the next to be procured are wares , fitting for health , and arts ; the last , are those , which serue for our pleasures , and ornament . Now , forasmuch , as by the prouidence of almightie God , the kingdome of England , is indowed with such aboundance of rich commodities , that it hath long enioyed , not onely great plentie of the things before named , but also , through a superfluitie , hath beene much inriched with treasure brought in from forren parts ; which hath giuen life vnto so many worthy trades , amongst which that vnto the East India by name ; the report whereof , although it is already spread so famous through the world ; yet notwithstanding , heere at home , the clamorous complaints against the same , are growne so loude and generall ; that ( my selfe being one of the Society it hath much troubled my priuate meditations , to conceaue the means or true groundes of this confusion . But at the last I resolued my selfe , that the greatest number of these exclaimers , are led away in ignorance ; not hauing as yet , discerned the mysteries of such waightie affaires ; Some haue beene transported with enuie , as not participating in the said Societie , or beeing thereby hindred ( as they conceiue ) in some other trade ; and others , wholy corrupted in their affections ; who whilest they willingly runne into these errors , doe also labour diligently to seduce others ; that so , this good and glorie of the kingdome , might be subuerted by our selues , which by the pollicie and strength of Strangers , cannot so easilie be abated ; wherefore , it is now a fit time to meete with such iniurious courses , by a true Narration of the passages in the said East-India Trade ; answering to those seuerall obiections , which are so commonlie made against the same ; That so these misunderstandings and errours may be made knowne vnto the whole body of this Kingdome , which at this present time is most worthily represented in those noble assemblies of the high Courts of Parliament ; where I hope the worth of this rich Trade , shall be effectually inquired , and so in the end obtaine the credit of an honorable approbation . The first Obiection . It were a happie thing for Christendome ( say many men ) that the Nauigation to the East-Indies , by way of the Cape of Good hope , had neuer bene found out ; For in the fleetes of shippes , which are sent thither yearely out of England , Portingall , and the Low countries ; The gold , siluer , and Coyne of Christendome , and particularly of this Kingdome , is exhausted , to buy vnnecessarie wares . The Answere . THe matter of this Obiection is very waighty ; and therefore , it ought to be answered fully ; the which that I may the better performe , I will diuide the fame into three parts . 1 In the first , I will consider , the necessarie vse of the wares , which are vsually brought out of East-India into Europe ; namely , Druggs , Spices , Rawsilke , Indicoe , and Callicoes . 2 In the Second ; I will intimate the manner and meanes , by which the said wares haue beene heretofore , and now are brought into Europe . 3 In the Third and last ; I will proue , that the Treasure of England , is not consumed , but rather greatly to be increased by the performance of the said Trade . Touching the First ; Who is so ignorant , in any famous common wealth , which will not consent to the moderate vse of wholesome Druggs and comfortable Spices ? Which , haue beene so much desired in all times , and by so many Nations ; not thereby to surfeit , or to please a lickorish tast ( as it often happeneth , with many other fruites and wines ) but rather as things most necessarie to preserue their health , and to cure their diseases ; euen as it is most notably set forth , by some learned men , who haue vndertaken , to write vpon this subiect ; and therefore ; it shall be altogether needlesse heere to discourse vpon their seuerall operations and vertues , seeing that , he that listeth , may be well instructed therein , if hee will peruse the volumes , which are penned by the learned , for the benefit of all those , who shall make vse thereof . But if peraduenture , it be yet further vrged ; that diuers Nations , liue without the vse of Druggs and Spices : the answer is , That either such people know not their vertue ; and therefore , suffer much by the want of wares so healthfull ; or else , they are most miserable ; being without meanes to obtaine the thinges , which they so much want ; but sithence I intend to be breife , I will insist no further vpon this point ; For the Obiecters might aswell deny vs the vse of Sugars , Wynes , Oyles , Raysons , Figgs , Prunes , and Currandes ; and with farre more reason exclaime against Tobacco , Cloth of gold and Siluer , Lawnes , Cambricks , Gold and Siluer lace , Veluets , Sattens , Taffaeties and diuers others manifactures , yearely brought into this Realme , for an infinite value ; all which as it is most true , that whilest we consume them , they likewise deuoure our wealth ; yet neuerthelesse , the moderate vse of all these wares hath euer suted well with the riches and Maiestie of this Kingdome . But I will come to the Raw-silkes and Indico ; this being so excellent for the dying of our woollen-cloathes , thereby so much esteemed in so many places of the world ; that ornament , together with the great reliefe and maintenance of so many hundreds of poore people ; who are continuallie imployed , in the winding , twisting , and weauing of the same ; Insomuch , that by the cherishing of this busines ( as his Maiestie , for his parte is graciouslie pleased to performe , in remitting the impost of Silke ) it may well be hoped , that in short time , industrie will make the arte to flourish , with no lesse happinesse to this Kingdome , then it hath done ( through many ages ) to diuerse states in Italy , and latelie also to the Kingdome of France , and to the vnited Prouinces of the Low countries . Now as touching the Trade of Callicoes , of many sortes , into which the English lately made an entrance ; although it cannot be truely sayd , that this commoditie is ptoffitable , for the state of Christendome in generall ( in respect they are the manifacture of Infidells , and in great part the weare of Christans ) yet neuerthelesse , this commoditie , likewise is of singuler vse , for this common wealth in particuler ; not onelie therewith to increase the Trade into forren parts ; but also thereby , greatly to abate the excessiue prices of Cambricks , Holland , and other sorts of Linnen-cloath ; which daily are brought into this Kingdom for a verie great summe of mony . And this shall suffice concerning the necessarie vse of the Indian wares ; In the next place , I will set forth the manner and meanes of their importing into Europe . It is an errour in those men ; who thinke that the Trade of the East-Indies into Europe had first entrance , by the discouerie of the Nauigation by the Cape of Good-hope . For many yeares before that time , the traffique of those parts , had his ordinary course by shipping from diuerse places in the Indies ; yearely resorting with their wares to Mocha in the Red-Sea , and Balsera in the Persian-Gulfe : From both which places , the Merchandize ( with great charges ) were after transported ouerland by the Turkes vpon Cammells , 50. dayes iourney , vnto Aleppo in Soria , and to Alexandria in Egypt , ( which are the Mart Townes , from whence diuerse Nations , as well Turkes , as Christians , doe continually disperse the sayd wares by Sea into the partes of Europe : ) by which course , the common enemie of Christendome ( the Turke ) was Maister of the Trade ; which did greatly imploy , b and inrich his Subiects , and also fill the Coffers of his owne customes , which he exacted at very high rates ; But by the prouidence of almightie God , the discouerie of that Nauigation , to the East-Indies by the Cape of Goodhope ( now somuch frequented by the English , Portingalls , and Dutche ; and also attempted , by other Christian Kingdomes ) hath not onely much decayed the great commerce , betweene the Indians and the Turkes in the Red Sea ; and in the Persian Gulfe ( to their infinite hurt , and to the great increase of Christian trade , ) but it hath also brought a further happinesse vnto Christendome in generall , and to the Realme of England in particular , for the venting of more English commodities ; and for exporting of a lesse quantitie of siluer out of Europe , vnto the Infidells , by many thousand poundes yearely , then hath beene accustomed in former times ; as I shall proue most plainlie by that which followeth . And First , it will be necessarie to set downe the quantitie of Spices , Indico , and Persian Raw-silke ( which is yearely consumed in Europe ) and in them all to consider the cost with the charges to lade the same commodities cleare aboard the Shippes from Aleppo ; and the like of all the selfe same wares , as they haue beene vsually dispatched from the Portes of the East-Indies ; wherein , will appeare that happinesse , which many doe so much oppose ; especially our owne Countrie-men , vnder the gilded tearmes of the Common-wealth ; whilest beeing indeed either ignorant , or ill affected , they doe not onelie grosly erre themselues , but also cause others to hinder as much as in them lieth , the glorie and well-fare of this Kingdome ; but leauing them , I will set downe the said wares , in their quantitie and prizes as followeth ; and first , At Aleppo . ll l s̄ d 6000000. of Pepper , cost with charges at Aleppo at 2. s̄ the l. 600000. 00 00 450000. of Cloues at 4. s̄ . 9. d. the pound 106875. 10 00 150000. of Mace at 4. s̄ 9. d the pound 35626. 00 00 400000. of Nutmegs , at 2. s̄ 4. d the poūd 46666 13 04 350000. of Indico at 4. s̄ 4. d the pound 75833 06 08 1000000. of Persia raw silke at 12. s̄ the po . 600000 00 00   1465001 10 00 Now followeth the same wares both for quantitie and qualitie at their seueral prizes as they are to be bought and laden cleare of charges . In the East-Indies . ll l s̄ d 6000000. of Pepper cost with charges in India 2. d ½ the pou . 62500 00 00 450000. Cloues at 9. d the pound 16875 00 00 150000. Maces at 8. d the pound 5000 00 00 400000. Nutmegges at 4. d the pound 6666 13 04 350000. Indico at 14. d the pound 20416 12 04 1000000. Persia Raw-silke at 8. s̄ the pou . 400000 00 00   511458 05 08 So that by the substance , and summes of these accompts , it doth plainely appeare , that the buying of the said quantitie of Raw-silkes , Indico , and Spices , may be performed in the Indies , for neare one third part of the ready moneyes , which were accustomed to be sent into Turkey to prouide the same ; So that there will bee saued euerie yeere the value of 953543.l . 4 s. 4. d. starling of readie moneyes , that heretofore hath beene exported out of Christendome into Turkey ▪ which is a matter of such note and consequence , that it may seeme incredible , before the circumstance be dulie considered ; and therefore least I should leaue the matter in doubt , it is requisite ; that I doe make an explanation of some particulars . And principallie , it must not bee conceiued , that this great aduantage , which hath beene spoken of ▪ is onely the Merchants gaine ; for the Common-wealth of Christendoe , hath a very great part thereof in the cheapnes of the wares , as shall be ( God willing ) proued hereafter in his due place . Secondly , the time of the Merchants forbearance , and interest , is verie long : his aduenture and assurance much dearer ; his charges of shipping , victuals , Marriners , and factors their wages , far greater , then by the voyage into Turkey for the same wares ; so that the former great difference must be vnderstood in these particulers ; whereby we may perceiue to our comfort , that the Materialls of the kingdome , and the imployments of the subiects ( in liew of readie moneies ) becomes a verie great part of the price which is paid for the said Indian wares ; which cannot hurt the State ( as some erroniously suppose ) but greatly helpe it , as I shal better proue in that which followeth . First therefore , I shew for an vndoubted truth , That the Persians , Moores and Indians , who trade with the Turkes , at Aleppo , Mocha , and Alexandria , for Raw-silkes , Drugs , Spices , Indico and Callicoes ; haue alwaies made , and still doe make , their returnes in readie monie : for other wares , there are but few which they desire from forren partes ; some Chamblets , Corrall , wrought silke , woollen-cloth , with some trifles , they doe yearely vent in all , not for aboue 40. or 50. thousand pounds starling ; which is no valuable summ in respect of that wealth which is carried from Aleppo and Constantinople into Persia for Raw-silkes , when least , 500000. poundes starling Per annum : and from Mocha about 600000. pounds starling ( likewise yearely into India ) for returne of Callicoes , Drugs , Sugar , Rice , Tobacco , and diuerse other things . So here is still a very great Commerce maintained betweene those Infidels ; not onely for the Callicoes of many sortes , and other wares ( which concerne their owne vse ) but also for the Raw-silkes of Persia , which are altogether transported into Christendome . How worthy an enterprise is it therefore in the English East-India Companie ? by whose endeauours , there is now good hope to turne a great part of this wealthy Trade into England , by shipping directlie from the Persian-Gulfe , whereby the imployments , traffique , and Customes of the Turkes , may be still more and more impaired ; & the generall Treasure of Christendome ? much lesse consumed ; as is alreadie performed for the businesse of Spices and Indico . And who shall then doubt our want of Siluer to mainetaine the Trade ? if by this way wee doe obtaine the Silke , which with more aduantage and conueniencie , wil draw the money to this Mart , then it hath beene heeretofore conueyed vnto those remote dominions of the Turke . And least peraduenture it should be thought , that the traffique in those parts by the Christians for the Persian Silke , is performed by change for other wares , or by the money which proceedeth of the sales of many rich commodities , which yeerely they sell at Aleppo , Alaxandria , Constantinople , and these parts . The answere is , that neither the Venetians ; French , nor Dutche , doe vent so much of their owne Country commodities in those partes , as doe prouide their necessarie wants of the proper wares of Turkes ▪ such , as are the fine Raw-silke , made in Soria , Chamblets , Grogerans , Cotten-woolles , Cotten-yarne , Gaules , Flax , Hempe , Fleece-woolls , Rice , Hides , Waxe , & diuerse other things ; so that still the raw-silkes of Persia , must be bought with ready mony . Only the English haue more aduantage then any other Nation in this kinde , for they vent so great a quantitie of broade-cloathes , tinne , and other English commodities , that the proceede thereof , doth not only prouide a sufficient quantitie of part of the sayd Turkish wares ( which fit their vse , ) but also a proportion of about 300. great balles of Persia Raw-silke yearely . And if in any yeare , they chance to buy a greater quantitie of silke , then must and do they furnish the same in ready monies from the Portes of Marcellis , Genouay , Ligorne , Venice , or the Netherlandes . Neither are these the onely meanes , whereby the Empire of the Turke is so abundantly stored with God and Siluer , to the performance of the Indian-trade . For , many are the Christian shippes , which yearely lade with corne for ready monies in the Archipelago ; Great is the commerce from Poland , Hungarie , and Germany , with Gold and Dollers , for Chamblets , Grogerans , and other things : But that which is very remarkable , is the great quantitie of gold & some siluer coyned in Grand-Cairo , which by two seuerall Carrauans ( in bullion ) is yearely brought thither from the Abissians countrie in Ethiopia , for returne of many rich commodities , as Veluets , Sattens , Cloth of Gold , Taffaties , Woollen-cloath : polished Corrall , and other things . Thus by the coherence of the Turkish-Trade with the Christians , Persians and Indians , I haue shewed both the manner and the meanes , whereby the East-Indians wares haue beene heretofore , and yet are , in part , procured into Christendome . But least it should seeme incredible , that the Turke would let so great a Masse of Treasure yeerly to passe his Dominions , to the Indians and to the Persians his professed enemies : I will make the matter yet more plaine . And First , concerning the Raw-silkes , it is alreadie shewed , that hee hath the money from the Christians , besides the benefit he reapeth in their customes , with great imployments also for his Subiects . And for the Callicoes ( his whole Empire hauing litle or no other meanes for Linnen ) he cannot possibly be without them , although it hath , & doth greatly exhaust his treasure , neither doth hee gaine any manufacture by the same , as the Christians haue alwayes done by the Raw-silke , to the great reliefe of innumerable poore people , so much prouided for , by the pollicie of all well gouerned and flourishing common-wealths ; As by this occasion , and in a businesse of the like kind , I may instance the States of Genouay , Florence , and Luca ; who for the maintenance of Artes and Trade , doe prouide Raw-silkes out of Sicilia for the value of 500000. poundes starling at least yearelie ; and for the payment thereof they doe vent at Naples , Palermo , Messina , and those parts , a certaine quantitie of Florence ▪ Rashes and some other wares , for about 150000. pounds starling per annum ; So the rest , being 350000. l. sterling , is supplyed all in readie moneies ; which treasure they doe willingly forsake , to procure their Trade ; for experience hath taught them that Trade is their imployment , and doth returne them treasure ; for by those silkes ( being wrought , transported and sould at Franckforde and other Marts ) they haue the better meanes , to furnish their contracts with the King of Spaine in Flanders ; and so from Spaine the Siluer must returne againe to Italy . But if I should runne out in this and other particulars ( fiting our purpose ) it would make me too tedious , and so carrie me beyond my ayme , which is to be briefe . Wherefore , I will proceede to cleare some doubts , in those men , who perhaps not hauing the knowledge of occurrents in forren partes , might thinke , that neither Venice , nor Marcellis haue the meanes or yet the mindes , to exporte such great Sommes of readie monyes , yearely out of those Dominions ; especially Marcellis being a part of France , where neighborhoode doth daily tell vs , that gold and Siluer , may not be conueied out of that Kingdome , for any valuable Somme , more then is permitted for the necessarie vse of Trauellers ; Yet neuerthelesse experience hath likewise taught vs , that for the effecting of those Trades ( whereof wee now speake , and which they esteeme so much ) there is a free extraction out of the sayd places , of moneyes both gold and siluer ; whereof with them there is no want ; for , the sayd wares doe procure it abundantly . First , to Marcellis , it commeth not onely from Genouay , Ligorne , Cartagenia , Malliga , and many other Porte townes of Spaine and Itally , but also from Parris , Roane , Sainct Malloes , Tolouse , Rochell , Deepe , and other Cities of France ; who want not meanes to haue great store of Rialls , and Dallers from Spaine & Germany . And in like manner , the Venetians distributing the sayd Raw-silkes , and other wares into the seuerall States of Itally , Germany , and Hungaria , ( who haue but few commodities fitting their barter or exchange : but onely monyes ) are therewith aboundantly serued ; For the mynes of Hungarie and Germany affoord good quantitie of Gold and Siluer ; And likewise the States of Itally , especiallie Genouay , Florence , and Millane , haue euer store of Rialls out of Spaine in satisfaction of many great disbursments , which those Merchantes make for that King in his occasions of Itally and Flanders ; of all which , I might make a large discourse , but I conceaue I haue sayd sufficient , to shew how the trade of the East Indies hath beene , and now is brought into Christendome generally : what money is yearely sent out ; by whom ; and the possibilitie , or meanes which they haue to performe it . I will therefore in the next place , satisfie the Obiections ; that it is not the East-India Trade , which wasteth the Gold , and Siluer , Coyne , or other treasure of this kingdome in particular . For first , who knoweth not , that gold in the East-Indies hath no ratable price with Siluer ? Neither hath the Siluer coyne of England any equall value with the Spanish Rialls according to their seuerall prizes here , Besides that , his Maiestie hath not authorized the East-India Companie , to send away any part of this kingdomes Coyne either Gold , or Siluer , but onely a certaine limited summe of forren Siluer yearlie ; which as they dare not exceede , so neuer haue they as yet accomplished the same . For it doth plainely appeare in their bookes ; that from the originall and first foundation of the Trade , in Anno 1601. vntill the moneth of Iuly , Anno 1620. they haue shipped away onely 548090. l. sterling in Spanish Rialls , and some Dollers ; whereas , by licence , they might haue exported in that time 720000. l. sterling . Also they haue laden away in the same tearme of xix yeares , out of this Kindgome 292286. l. sterling in Broad-clothes , Kersies , Lead , Tinne , with some other English and forren commodities ; which is a good Addition ; and vent of our wares , into such remote places ; where heretofore they haue had no vtterance at all . And note , I pray you , how time and industrie , hath bettered this Trade , when in the last three yeares , there hath beene sent more wares to the Indies , then in the xvi . yeares before ; and yet our expectation is not at the highest , for those new borne Trades within the Red Sea , and in the Persian Gulfe , doe bid vs hope for better things , as lately by letters from Spahan , we vnderstand of great quantity of Raw silke prepared by the English factors , which ( by Gods assistance ) wee may expect here about the Moneth of August next , with encouragement also , to vent our English cloth , and Kersies in good quantities ; the like of Iron , Tinne , and other things ; whereof experience ( of those alreadie sould ) hath giuen vs sufficient approbation of their valliditie . And now ( omitting much matter which might be written touching the discoueries of other Trades from one Kingdome or port to another , in the Indies : with the commodities thereof , whereby the imployment of our shippes , together with the stocke of money and goodes which is sent out of England in them , may be much increased ) I will draw to a conclusion of the point in hand ; and shewe , that whatsoeuer Summes of forren readie monyes are yearely sent from hence into the East-Indies , His Maiestie in the letters Pattents graunted to that Company , hath notwithstanding with singular Care prouided , that the brethren of the Company , shall yearely bring in as much siluer , as they send forth ; which hath beene alwayes truly performed , with an ouerplus , to the increase of this Kingdomes treasure : Neither is it likelie , that the money which is thus contracted for , by the Companie at certaine prices , and to be deliuered them at times appointed , would bee otherwise brought into England , but onely by vertue and performance of the said contracts ; for , without this assurance of Vent , together with a good price for the said monyes , the Merchants would vndoubtedly make their returnes in other wares ; the vse and extraordinarie consume whereof , would be found lesse profitable to the Common-wealth , when the matter should be duly considered , as I shall yet further endeauour to demonstrate . And here I will suppose , That the East-India Company may shippe out yearely 100000. l starling ( more or lesse ) as occasion may be offered ; yet it is most certaine , that the Trade being thus driuen , with such sums of ready moneys , it wil not decay but rather much increase the treasure of the kingdome : which to proue , I will briefely set downe , the substance of the English Trade vnto the East-Indies , concerning the quantitie of the seuerall sortes of wares , to be yearely bought there and sould here : with the vsual prices giuen for them in both places . And first , I will beginne with their Coste and charges laden cleare aboard the shippes in the East-Indies . In the East-Indies .   l. s̄ . d. 2500000. ll . of Pepper at 2. d. ob . the pound 26041 13 04 150000. of Cloues at 9. d. the pound . 5626 00 00 150000. of Nutmegs at 4. d. the pound . 2500 00 00 50000. of Mace at 8. d. the pound . 1666 13 04 200000. of Indico at 14. d. the pound . 11666 13 04 107140. of China Raw silkes at 7. s̄ . the poūd . 37499 00 00 50000. of Callicoes of seuerall sorts , rated at 7. s̄ . the peece one with another . 15000 00 00   100000 00 00 All the sayd Merchandize haue bin often experiēced , or bought at or about the prices aboue written ; and we do hope for our parts ( besides the Trade of Raw-silkes from Persia ) yearely , to lade from the Indies , such quantitie of the seuerall sortes of wares as are here set downe ( if it shall please his Maiestie , to protect and defend vs concerning the Articles of agreement made with the Dutche , that they may not violate any of them to our hindrance or damage ) all which wares in England will yeelde ( as I doe conceaue ) the prizes hereafter following , Viz. In England .   l s̄ d 2500000. ll . of Pepper at 20. d. the pound . 208333 06 08 150000. of Cloues at 6. s̄ . the pound . 45000 00 00 150000. of Nutmegs at 2. s̄ 6. d. the pound . 18750 00 00 50000. of Mace at 6. s̄ the pound . 15000 00 00 200000. of Indico at 5. s̄ . the pound . 50000 00 00 107140. of China Raw-silkes at 20. s̄ . the pound . 107140 00 00 50000. peeces of Callicoes of seuerall sorts , rated at 20. s̄ . the peece one with another . 50000 00 00   494223 06 08 So that here would be our owne money againe ; and more , the somme of 394223. l. 06. s̄ . 08. d. aduanced towards the generall stocke of the Kingdome . For although the East-India company shall disburse the greatest part of the sayde somme aduanced vnto his Maiestie for custome and impost ; and also vnto the Factors , Officers , and Marriners , for wages , together with the cost of shipping Victualls , Munitions , Assurance and the like ; yet all these ( the Materialls of shipping only excepted ) are but transmutations and no consumption of the Kingdomes stocke . But if any man obiect , and say , that the sayd commodities being brought into England ( as is before written ) they are either consumed in the land , or being transported into forren partes , they are changed into other wares ; So that still we want our 100000. l. in readie money : 1 The answere is ; first , that in the occasion of this dispute , wee must conceaue the sayd wares to be of no vse for this kingdom , but onely for so much , as doe concerne the Trade thereof . 2 And Secondly , in the said Trade , wee must consider , that although the said goodes be sent out , and returned home in other wares from forren partes ; yet still , they are negotiated to the increase of the said stocke , and for the imployment of the Subiects . Lastly , if there be a resolution to determine and end the businesse : who doubteth , that the whole value , may not be presentlie returned hither in readie moneyes ? For in Italy , Turkey , and other places , where they are most vendible to profit , there likewise is the money free to be exported at all times and by whomsoeuer . And as it is most certen , that some other Merchandize , sent out of this Kingdome were the meanes to bring in the 100000. l. in readie moneyes , which is here supposed to be sent and imployed in the East-Indies ( as aforesaid ) so likewise , there is the same power in these Indian wares , to procure other sommes of ready moneyes , to be brought into this kingdome : For let no man doubt , but that money doth attend Merchandize , for money is the prize of wares , and wares are the proper vse of money ; so that their Coherence is vnseparable . And if the French and the Venetians , made any doubt of this , they would not so willingly permit the vallue of 600000. l. sterling , or more in Spanish Rialls and Dollers , yearely to be carried out of their Dominions into Turkey : whereof three quarter partes at least are imployed , onely for the buying of Persia Raw-silkes , which commoditie doth presently enable them with readie money from diuerse other States to performe the Trade ; whereby their wealth doth much increase , and their people are greatly imployed . So to conclude this point , I will onely add , that the East-India Trade alone ( although it be driuen in no amplier manner then is afore written ) is a meanes to bring more treasure into this Realme then al the other trades of this kingdome ( as they are now mannaged ) being put together . For if the rule be true , that when the value of our commodyties exported doth ouer-ballance the worth of all those forraigne wares which are imported and consumed in this kingdome , then the remaynder of our stock which is sent forth , must of necessitie returne to vs in Treasure . I am confident that vpon a diligent and true inquiry it wil be found , that the ouerballance of all our other Trades together will not amount vnto so great a summe of money as the East-India Trade alone doth ouer ballance in this kinde . And to make the matter yet more plaine , whereas it is already said that 100000. l. in money exported may import about the value of 500000. poundes sterling , in wares from the East-Indies , wee must vnderstand that part thereof to bee properly called our importation that this Realme doth cōsume , which is about the value of 120000. pounds sterling yeerely . So the remainder being 380000. l. is matter exported vnto forraine partes in the nature of our Cloath , Lead , Tinne , or any other natiue cōmodities , to the great increase of this kingdomes stocke ; and that also in so much Treasure , so farre as the East-India Trade can be rightly vnderstood to subsist in this particular . For as all humane actions haue their termination and endes , so likewise there must be an end assigned vnto the affayres of the East-Indies ; which are then truely sayd to be finished , when this Realme is serued , and the remaynder of those wares which are sent from hence beyond the Seas , sould there and conuerted into money ; which likewise from thence may be brought away freely & without the danger of Law or prohibition . Forasmuch therefore as it is well knowne to many men , that monyes are thus procured by the Sales of Indian wares to profit , in the partes of Turkey , and at Ligorne , Genoway , the Netherlands , Marcellis , and other places : yet notwithstanding if all the said coine , or any part thereof should be diuerted from this Realme by some other new imployments or affaires , it must neuerthelesse be granted , that the sayd India wares had their finall end in moncies . But I will cease to heape vp any more arguments , to proue a matter which is alreadie made so plaine ; wherefore leauing this Obiection , I will endeauour to giue Answere to the next . The second Obiection . The timber , Plancke , and other materialls , for making of shipping , is exceedinglie Wasted , and made dearer , by the building of so many great Shippes , as are yearely sent to Trade in the East-Indies ; and yet the State hath no vse of any of them vpon occasion ; For either they are not here ; or else they come home verie weake , and vnseruiceable . The Answere . THis East-India Trade seemeth to be borne and brought vp an Vnthrift , for it wasteth and consumeth all ; Neither doth it good to any . But the Obiection , in some part is verie weake : And in the rest it is mistaken . For first , concerning the weakenesse thereof ; would men haue vs to keepe our woods and goodly trees to looke vpon ? they might aswell forbid the working of our woolls , & sending forth our cloth to forren partes ; for both are meanes alike , to procure the necessarie wares , which this Kingdome wanteth . Doe they not knowe that trees doe liue and growe ▪ and being great , they haue a time to dye and rot , if oportunitie make no better vse of them ? and what more noble or profitable vse then goodly Shipps for Trade & warre ? are they not our barnes for wealth and plentie , seruing as walles and Bulwarkes for our peace and happines ? Doe not their yearely buildings maintaine many hundred poore people , and greatlie increase the number of those Artesmen which are so needfull for this common wealth ? And is not all this good performed also ( with great prouidence ) by bringing in yearelie store of Tymber , and other prouisions from Ireland ? Why then , where is the great wast and dearnesse ? I am sure , the East-India Companie findes it not ; for whereas they doe only buy their prouisions in Hampshire , Essex , Kent , and Barkeshire , in all which places they now may haue both Timber , Planks , Sheathing boards , Trenalls , and the like , both for goodnes and price , as cheape ( yea better cheape ) then they haue bin this fifteene yeers ; and likewise in all that course of time their Bookes doe plainely shew that those wares haue neuer varied much ; for if they haue risen any smal matter in one yeare they haue fallen as much the next . And yet I pray you obserue ( besides the East-India Companies buildings ) the many goodlie shippes , which are daily made for other priuate Merchants ( such as England neuer had before : ) & that which is most remarkable , is , the continuall late buildings of his Maiestie , thereby yearely adding more strength and glory of great Shippes , to his Royall and matchlesse Nauy ; so that , here wee see this supposed wast and want is not considerable . Yea but , say they , the East-India Shippes are neuer here , to serue the Kingdome vpon occasion : Or if they beat home , they are weake , and vnfit for seruice . In trade of Merchandize our Shippes must goe and come , they are not made to stay at home ; Yet neuerthelesse , the East-India companie are well prepared at all times , to serue his Maiestie , and his Kingdomes , with many warlike prouisions , which they alwayes keep in store ; such as Timber , Plancks , Iron-workes , Masts , Cordage , Anchors , Caske , Ordinance , Powder , Shot , Victualls readie packed , Wine , Sider , and a world of other things , fitting the present building , repairing and dispatch of Shippes to Sea ; as may bee plentifullie seene in their yardes and store-houses at Deptforde , and more especiallie in those at Blackewalle ; which are growne so famous , that they are daily visited & viewed by strangers , as well Embassadors , as others ; to their great admiration of his Maiesties strength , & glorie , in one only Company of his Merchants , able at short warning to set forth a fleete of Ships of great force & power . For it is well knowne to al men who please truely to be informed , That the East-India Companie ( besides their fleetes of Shippes going and comming & also abiding in the Indies ) are continuallie building , repairing , rigging , victualling , and furnishing to Sea , with all prouision needefull for such a long voyage , some 7. or 8. great shippes yearelie ; which are to be seene at an Anchor in the Riuer of Thames in a great forwardnes some 5. or .6 . moneths together , before they commonly depart for the Indies , which is about the moneth of March : & they are no sooner got off from the coast of England , but shortly after , is the season of our ships to returne from the Indies ; who come not home so weake as some would haue them ; for how often hath experience bin made of our shippes which haue performed 2. or .3 . seueral voyages to the East-Indies ? Yet at their returne , they haue bin indocked , new trimmed and lanched out againe , fitted for the like voyages , in lesse then 2. moneths . But it will be needelesse to spend any more time in shewing the errors of this 2. Obiection : therfore I will rather come to the handling of that which followeth . The third Obiection . The voyages to the East Indies doe greatly consume our victuals , and our Marriners : leauing many poore Widdowes and Children vnrelieued ; Besides , that many Ships are yearely sent forth to the East Indies , and few we see as yet returned ; Also , this Trade hath greatly decayed the Traffique and shipping , which were wont to be imployed into the Streights : And yet the said Trade to the East Indies , is found very vnprofitable to the Aduenturers : Neither doth the Common-wealth finde any benefit by the cheapenesse of Spice and Indico , more then in times past . The Answer . Why , what a world of mischiefes haue we heere ? 1. Dearth . 2. Mortalitie . 3. Destruction . 4. Beggerie . 5. And neuer a whit the neere . A verie Teame of calamities , drawing on to miserie ; is it not then high time to seeke a remedie ? yes verily , and it will be easily done , because these euils neuer were ( as yet at least ) procured by the East India Trade , as I shall shew , by answering all the parts in order as they stand : and first of Dearth . It is both naturall and iust , that euery Kingdome , State , or Common-wealth , should feede and cherish vp the Natiue people of all degrees and conditions whatsoeuer , to their preseruation of life and health , with such meanes and moderation , as their plentie shall affoord ; and this is not onely due to them in the time of their aboad at home , but also vpon all occasions of voyages into other Countries beyond the Seas , wherein they shall be imployed for their owne maintenance , and for the good of the Common-wealth . Now therefore concerning the prouision of victuals ( which in this Kingdome is yearely prepared for the setting forth of those Ships which saile to the East Indies , ) it is well knowen to many men , that it is alwaies proportioned , for about eighteene months ; whereas commonly the voyages proue a yeare longer , so that this ouer-plus of time , is furnished with the victuals of forreine parts . And likewise for the Bread and Bisket which is shipped from hence , hath it not alwaies beene made of French Corne , purposly brought ouer hither ( and that at a deare rate ) onely to preserue the plentie of our owne graine ? vntill now of late daies that the Farmers heere beginne to cry out and say , That the cheapnesse of Corne doth disinable them to pay their deare Rents : Thus doe the East India Company euerie way accommodate their proceedings for the good of the Kingdome . And further concerning their Drinke , is it not a very great part water ? Some Wine and Sider , and but little Beere . Also the Flesh they eate , is Beefe and Porke , and that onely for three daies in a weeke ; the rest of their victuals is Fish , some Butter , Cheese , Pease , Oatemale , and other things ; all which is proportioned into a very sparing dyet to euerie man by allowance : so that heere is no excesse nor ryot , or any other meanes to make our victuals scant and deare , as is by some erroniously supposed ; but rather by this course of life , our plentie is much aduanced . And so I will giue answer to the next part which is mortalitie and great decay of Marriners . The life of man is so pretious , that it ought not lightly to be exposed to danger ; And yet we know , that the whole course of our life , is nothing but a passage vnto Death ; wherein one can neither stay nor slacke his pace , but all men runne in one manner , and in one celeritie ; The shorter liuer runnes his course no faster then the long , both haue a like passage of time ; howbeit , the first hath not so farre to runne as the later . Now , it is this length of life which Nature seekes , and States likewise endeauour to preserue in worthy men ; but none are accounted so worthy in this nature , saue onely they , who labour in their vocations and functions , both for the publique good , and for their priuate benefit . Thus may we esteeme our good Marriners , to be of no small vse vnto this Common-wealth : but take them from their laudable and accustomed imployments , for want of voyages to Sea ; wee see what desperate courses they doe then attempt , by ioyning , euen with Turkes and Infidels , to rob and spoyle all Christian Nations ; so that we may conclude , we must not onely breed vp Marriners , but also seeke by Trade , to giue them maintenance . Well , all this is true , but ( say they ) the East India company doth neither breed nor maintaine , but destroy the wonted number of our Marriners . How can this be , when it is most certaine , that England ( besides the East India fleets ) had neuer yet more shipping then at this present ? neither do any of them stay at home for want of Marriners , no , not at this time , when many hundred Saylers are employed in extraordinary seruice , for his Maiestie in a Royall fleete of ships , now at Sea : besides those great numbers of our best Marriners , which haue beene and dayly are wasted and taken prisoners by the Turkes ; so where is this want , or what is our misery more then the want of true information in them that are so ill perswaded of our company ? Is it not certaine , that as the East India voyages are long , so likewise in Natures course many should die by length of time although they stayd at home ? And to recompence the losse of those that dye , doe not the East India company with great prouidence , yearly ship out at least 400. Landmen in their fleets , which in one voyage proue good Marriners to serue the Kingdome and Common wealth , vnto which many of them were a burthen before they obtained this employment ? And thus is the Kingdome purged of desperate and vnruly people , who being kept in awe by the good discipline at Sea , do often change their former course of life , and so aduance their fortunes . Neither indeed are these voyages so dangerous and mortall , as is reported ; for how many of our ships , haue gone and come from the East Indies , without the losse of fiue men in a hundreth ? Others againe haue had worse successe in the first beginning , when the seasons , the places and their contagions were not so well knowne vnto vs ; yet time hath taught vs many things , both for the preseruation of health , and speedier performance of our voyage thē heretofore . But the Method of my discourse bids me write more of this in the next part , which is destruction ; and this I must diuide into two parts . In the first I will consider the want of diuers ships sent to the East Indies , which are wasted there . And in the second , I will answer the supposed ouerthrow of the Turkie trade , together with much of our shipping which were wont to bee employed thither . First therefore concerning the decay of our ships in the Indies , it cannot be denyed , but there hath been great spoyle of them in these three last yeares ; not by the dangers of the Seas , or by the strength of enemies ; but by vnkinde and vnexspected quarrels with our neighbours the Hollanders , who haue taken and surprised twelue of our ships at seuerall times , and in sundry places , to our vnspeakeable losse and hinderance ; together with the death of many of our worthyest Marriners , who haue beene slaine and died prisoners vnder their hands : and this hath so much the more 〈…〉 the rumour of their mortality : Neither list I here to aggrauate the fact , more thē thus breifly to giue answer to the obiection : for our late vnion with the Dutch , doth promise a double recompence of gain in time to come . And they who make this Trade so poore and vnprofitable , are much mistaken in the reckoning ; for the present losses which causeth many aduenturers so much to despaire , is not in the substance of the Trade , but by the euill accidents which hane befalne the same : & to make this point more plain , I must yet declare some other particulars : in which I will endeauour very briefly to set downe the summe of the whole businesse , which the English hath hitherto performed in the East Indies . First , therefore I doe obserue that since the beginning of this Trade , vntill the Moneth of Iuly last Anno 1620. there haue beene sent thither 79. ships in seuerall voyages , whereof 34. are already come home in safety richly laden , 4. haue beene worne out by long seruice , from port to port in the Indies : 2. were ouerwhelmed in the trimming there : 6. haue beene cast away by the perils of the Seas ; 12. haue beene taken and surprized by the Dutch , whereof diuers will be wasted , and little worth before they be restored : and 21. good ships do still remaine in the Indies . So this is a true account of our ships . And next concerning our stocke , it is a certaine truth , that in all the sayde ships there hath beene sent out in ready money as well out of this Realme , as from all other places wheresoeuer beyond the Sea ( which hath not been landed in this Kingdom ) the vallue of 548090. pounds sterling in forraine coine ; and together with the sayd money there hath beene shipped the vallue of 292286. pounds sterling in sundry sorts of English and forraine commodities ; all which moneys and wares amounting vnto 840376. pounds , haue been disposed as hereafter followeth . First , there hath been lost 31079. pounds sterling in the 6. ships which are cast away : and in the 34. ships , which are returned in safety , there hath beene brought home 356288. pounds sterling in diuers sorts of wares , which haue produced here in Englād towards the generall stocke thereof 1914600. l. sterling ; for the charges arising here , is but a change of effects from one to another , as hath beene sayde before in this discourse : So there ought to remaine in the Indies , to be speedily returned hither , 484088 pounds : neither can we conceiue that our charges and troubles with the Dutch , wil haue wasted more then the odd 84088. pounds sterling : so that I am confident , that there yet remaineth 400000 pounds sterling of good estate , for both the ioynt stockes . And what a great value of Indian goods this sum of mony may ( by Gods blessing ) shortly return in our ships , which are there ready to bring thē , the example here doth teach vs to make vp the reckoning . So that notwithstanding our great charges of discoueries , our losses by the danger of the seas , our quarrels & infinit hinderance by the Dutch : yet here the kingdome hath and shall haue her stocke againe with a very great encrease , although the Merchants gaines concerning the two ioynt stocks will proue but poore , in respect of the former voyages , which haue not had the like hinderance . And thus in a few lines may be seene , much matter truly collected with some paines , out of the diuers volumes of the East Indian Bookes . Now concerning the decay of Trade and shipping which were wont to be imployed into Turkey , I doubt , that in time it will likewise be affirmed , that the East India Company , haue hindred the vent of our white Cloath in the Netherlands , which to report were a verie strange thing . But ( praised be God ) to our comfort , we see the great increase of goodly Ships , daily built and imployed , by the Turkey Merchants with vent of more of our English Cloath ( by one third part at least ) then in times before the East India trade began . Yea , but ( say they ) we haue lost the trade of Spices , and Indico , from Aleppo into England . Well , I grant they haue ; yet the Kingdome hath found it with more profit by another way ; and they likewise are recompenced with a greater Trade , by the exporting from hence of the selfe-same commodities into Italy , Turkey , and other places : neither can it be lesse profitable for this kingdome , to turne the Trade of Raw-Silkes from Aleppo , and to bring them from the Persian gulfe , with one third part lesse money , then it doth now cost in Turkey ; Besides , that by this meanes , the money proceeding of our English Cloath , Tin , and other wares in Turkey ( not finding commodities sitting to returne for England ) would vndoubtedly be brought home in Gold , as it hath beene performed heretofore , when by superfluitie of stocke sent from hence in Spice , together with our English wares ; the Merchants ( being thereby furnished with a sufficient quantitie of Turkish cōmodities ) brought home the remainder of their stocke of those yeares in gold for a great value . Thus doth it plainely appeare , that these reuolutions of Trades , haue and doe turne to the good of the Commonwealth ; neither hath the affayres of the East Indies impaired or decayed any other Trade , Shipping or Marriners of this Realme ; but hath mightily increased them all in it selfe . Wherefore let vs now take a view of this noble addition of the kingdomes strength and glory . But this I must not doe , by setting downe the number of our English shipping row in the Indies , or lately gone that way ; for they haue beene heaped thither , these three last yeares together without returne , saue onely fiue ships in all that time ; the rest haue beene kept there to oppose the furie of the Dutch ; but now we are at vnion , we shall ( by Gods assistance ) dayly exspect diuers great ships with rich returnes . And for the future time , this Trade I doe conceiue , will royally maintayne ten thousand tuns of shipping continually : ( That is to say ) going , and returning , and abiding there in the Indies ; which said shipping will employ two thousand and fiue hundred Marriners at least ; and the building with the repayring of the sayde ships , here at home will set to worke fiue hundred men , Carpenters , Cawkers , Caruers , Ioiners , Smiths , & other laborers , besides many officers ; and about 120. Factors , in seuerall of the Indies . And so from these matters of great consequence , I must beginne to write of Beggery . The pouertie of Widdowes and Fatherlesse is matter of great compassion , and doth alwaies moue Christian hearts to commiseration and charitie ; whereby many receiue reliefe & helpe of those whō God hath blessed with better meanes : but how this pouertie should totally be preuented , it seemeth not onely difficult , but altogether impossible : For besides the euill accidents and miseries , which euer attend on our humanity , we see how many dayly ( euen through their owne folly & wilfulnesse ) do as it were desperately plunge themselues into aduersitie . And thus the number of those is great , who hauing the charge of wife & children , are notwithstanding altogether without meanes and artes to procure their maintenance ; whereby some of them , wanting grace , do run a desperat course , & haue vntimely ends . Others again , being better inspired , seek for imployment , but find it not , or with great difficulty : for , who doth willingly entertain a man poore and miserable , charged with a family , and peraduenture debauched in conditions ? Neither doe any of our other Merchants voyages to forraine parts accept of those nouices who neuer haue been vsed to the Sea : So that when all the other doores of charitie are shut , the East India gates stand wide open to receiue the needy and the poore , giuing them good entertainment with two Moneths wages before hand to make their neeedfull prouisions for the voyage : And in the time of their absence , there is likewise payd vnto their wiues for maintenance , two other months wages vpon accompt of euery yeares seruice : and also if any chance to dye in the voyage , the wife receiueth all that is found due vnto her husband ( if hee doe not otherwise dispose it by will : ) and this often happeneth to be more money then euer they had of their owne together in any one time . And likewise , are not many poore Widdowes , Wiues and Children of Blacke-wall , Lime-house , Ratcliffe , Shadwell , and Wapping , often relieued by the East India company with whole Hogsheads of good Biefe and Porke , Bisket and doales of ready money ? Are not diuers of their children set on worke to picke Okam , & other labours fitting their age and capacitie ? What might I not say of repayring of Churches , maintenance of some yong Schollers , relieuing of many poore Preachers of the Gospell yearely with good summes of money ; and diuers other acts of charitie , which are by them religiously performed , euen in the times now of their worst fortunes ? for all which I hope there shal be a reward vnto them and theirs . And so I come to the fift part of this third Obiection . And here I must intimate how much they are deceiued who thinke that Spices and Indico are no better cheape in England now , then in times past , before the East India trade began . For , it is an vndoubted truth , that in those dayes we often payd 6. shillings or more for a pound of Pepper , and seldome or neuer lesse then three shillings and sixe pence the pound ; whereas since the Trade hath come directly from the Indies , it hath beene bought commonly at seuerall prices betweene 16. pence and two shillings the pound ; but I will make the difference of price appeare more plainely by setting downe the quantities of Spices and Indico , which are yearely spent in the Realme of England , together with the lowest prices , which they were wont to sell at , when wee brought them from Turkey and Lixborne ; and the like concerning their vsuall prices now that wee bring them from the East Indies directly ; And first as from Turkey . 400000. ll . of Pepper at 3.s. 6.d. the ll . 70000.l. 00.s. 00d 40000. of Cloues at 8.s. the ll . 16000 00 00. 20000. of Maces at 9.s. the ll 9000 00 00. 160000. of Nutmegs at 4. s. 6d the ll . 36000 00 00 150000. of Indico at 7.s. the pound . 52500 00 00.   183500 00 00 And the selfe same quantity and sorts of wares are commonly sold at the prices here vnder written now in these later times . 400000. ll . of Pepper at 20d. the ll . 33333.l. 06. s. 08. d 40000. of Cloues at 6d. the ll . 12000 00 00. 20000. of Maces at 6.s. the ll . 6000 00 00. 160000. of nutmegs at 2.s. 6d the ll . 20000 00 00 150000. of Indico at 5.s. pound . 37000 00 00.   108333. 06 08 So that this Trade in Spice and Indico onely , doth saue the Kingdome yearly 74966.l. 13.s. 04.d. which is a matter worthy to be obserued ; and so much the rather , because it is a certaine truth , that lesse then a quarter part of this sum of mony which is thus saued yearely , shall buy in the Indies the full quantitie of all the seuerall sorts of wares before written , which doe serue for a yeares prouision for this Realme of England ; but still , it must be remembred , that the custome , impost , wages , victuals , shipping , and other charges ( which are to be added ) will be a greater summe , then the mony which is paid for these wares in the Indies ; but as I haue noted before , the said charges doe not consume the Kingdomes stocke , although it doth greatly abate the Merchants gaine . And to conclude this point , I will adde vnto that which hath beene said ; that the commodities onely which we now send yearely into the East Indies and Persia , are of sufficient value there to returne vs Indico , Spices , Drugs , and all other sorts of Indian wares , ( Raw-Silkes of Persia only excepted ) for one yeares consume , or more in this Kingdome ; So that now all the money which is sent forth in our Ships doth procure an ouer-plus of the said wares to the furtherance of Trade from India hither , and after from hence to forreine parts againe , to the great imployment of the Subiects , and inriching of this Realme , both in Stocke and Treasure ; all which is matter very worthy to be diligently obserued ; And so I come to giue answere vnto the fourth and last Obiection . The fourth Obiection . It is generally obserued that his Maiesties Mint hath had but little imployment euer sithence the East India Trade began ; Wherefore it is manifest , that the onely remedie for this , and so many euils besides , is to put downe this Trade : For what other remedie can there be for the good of the Common-wealth ? The Answer . This fourth obiection may be deuided into three parts : 1. An euill declared . 2. A remedie propounded . 3. And counsell demaunded . And first concerning the Euill or want of Siluer , I thinke it hath beene , and is a generall disease of all Nations , and so will continue vntill the end of the world ; for poore and rich complaine they neuer haue enough : but it seemeth the maladie is growen mortall here with vs , and therefore it cries out for remedie : Well , I hope it is but imagination maketh vs sicke , when all our parts be sound and strong ; For who knoweth not the inestimable treasure of this Kingdome in Plate possessed by the people thereof almost of all degrees ; in such measure , as neuer hath beene seene in former ages ? And for his Maiesties Mint , it is well knowne , that there hath beene coyned in fiue yeares together since the East India Company began , 6214. pounds waight of Gold , and 311384. pound waight of sterling Money ; all which Gold and Siluer doe amount vnto the summe of 1213850. pounds of sterling Money ; How then doth this Trade turne the currant and imployment of the Mint ? But vpon the sight of this truth , perhaps it will be said , That wee must resort vnto the present times , ( the Mint being idle now . ) To which I answer , That likewise the Mint had little or no imployment for coynage of Siluer in former times , when the said Company did not export aboue fifteene or twenty thousand pounds sterling at the most per annum ; no , nor yet in the yeares 1608. and 1612 : when in the former they shipped out but 6000.l. — 00. s. — 00d. and in the latter , but 1250.l. — 00. s. — 00.d. sterling . So that both waies we see , that the Mint hath had very great imployment fiue yeares together , sithence the East India Trade began ; and also it hath beene without imployment diuers yeares , when the East India Company haue sent away but very small summes of money ; wherefore of necessitie there must be some other causes and meanes whereby our Siluer is not exported onely , but also it is not imported into the Realme as in former times . For we haue not had the meanes by our owne plentie , not by the scarsitie of our neighbours , ( for the space of the last foureteene yeares together ) to send out hundreds of Ships laden with Corne , as in times past which was returned home in Siluer ; but rather of late yeares ( as is much to be feared ) a great quantitie of our money hath beene carried out of the Kingdome , for that Corne which hath beene brought vs from the East Countries , and other places , to supply our wants . Thus times doe change , and our fortunes change with them : neither list I to make this matter plainer , by setting downe those meanes , which heretofore brought vs store of money , euen out of France and other places , which now are ceased . But without any further medling in the Mint , I will come to the remedie which some propound , by putting downe the East India Company . But heere our comfort is , that the Obiectors are not our Iudges , whose wisedome and integritie labouring for the honour of his Maiestie , and the good of his Kingdome , will soone perceiue the mischiefes of this supposed remedie . And that the pretended euill which many with malice chase , is that great good , which other Nations seeke by pollicie and strength to keepe , and likewise to obtaine ; In which proceedings , it concerneth vs , especially to obserue the diligences and practises of the Dutch ; who with more gladnesse would vndertake the whole Trade to the East Indies , then with any reason we can abandon that part thereof , which we now enioy ; neither can our restraint from the Indies keepe our Siluer from thence , as long as the Dutch goe thither : for we know , that deuices want not to furnish such dessignes ; and when their Ships returne from India , shall not our Siluer our againe to helpe to pay a double price , or what they please , for all those wares which we shall want for our necessities ? Thus should the Dutch increase their honour , wealth and strength , whilest we abate , grow poore and weake at Sea for want of Trade ; and call you this a Remedie ; no , rather tearme it Ruine , Destruction , or what you list ; And so I come vnto the conclusion or last part . And here I must confesse my selfe aground , for this matter is much too high for my handling : besides , my excuse is faire , hauing alreadie done my taske to cleare the East India Trade from imputation ; the which , for want of learning , although I haue performed , without varietie of words or eloquence : yet it is done with all integritie of truth , in euery particular , as I shall be readie to make proofe vpon all occasions , which may bee offered . And yet before I make an end , although I cannot satisfie euery mans desire , in such measure as is necessarie : yet I thinke it not amisse to performe the same so farre as I am able by common practise , and my obseruations in the Trade of Merchandize , which is my profession . And first therefore , all men doe know , that the riches or sufficiencie of euery Kingdome , State , or Common-wealth , consisteth in the possession of those things , which are needfull for a ciuill life . This sufficiency is of two sorts : the one is naturall , and proceedeth of the Territorie it selfe : the other is artificiall , and dependeth on the industry of the Inhabitants . The Realme of England ( praised be God ) is happily possessed of them both : as first , hauing great plentie of naturall riches , both in the Sea for Fish , & on the Land for Wooll , Cattle , Corne , Lead , Tin , Iron , and many other things for food , Rayment & Munition ; insomuch , that vpon strickt tearmes of need , this land may liue without the help of any other Nation . But to liue well , to flourish and grow rich , we must finde meanes , by Trade to vent our superfluities ; therewith to furnish and adorne vs with the Treasure and those necessarie wares , which forreine Nations doe afford : and here industrie must begin to play his part , not onely to increase and guide the Trades abroad ; but also to maintaine and multiply the Arts at home : for when either of these faile , or are not effected with such skill as their mysterie shall require , then doth the Common-wealth abate & growes poore ; neither is this easily perceiued at first , vntill some euill accidents doe stirre vp our diligence to search out the true causes , that so they being remoued , the effects may cease . And this is the subiect of our discourse which we now pursue . That which I haue hitherto deliuered , hath beene altogether Negatiue , still defending and prouing by arguments , that the East India Trade hath not hurt : this Common-wealth ; And now changing my stile , I must affirme as fast the true causes of those euils which we seeke to chase away . These causes then ( as I conceiue ) are principally foure . 1. The first is the breach of Entercourse by forraine Nations . 2. The second is the abuse of the exchanges betwixt vs and other Countries . 3. The third is neglect of dutie in some Subiects . 4 The fourth is our dammage in Commerce with Strangers . Now concerning all these , I might make a very large discourse ; but my purpose is only to explane the meaning of euery point in order , as briefely as I can . And first for the breach of Entercourse ; by this I vnderstand those Nations , who haue eyther debased their Standard , or else ouer-valued the price of their Coynes from that equiualence which formerly they had with the Standard and Moneys of this Realme ; And also doe tollerate , not onely their owne Moneys , but also the Coyne of other Countries ( and especially of this Kingdome ) to bee currant with them at higher rates , then the prizes of the Exchange ; by which courses ( being directly against the Entercourse ) there is a greater cause giuen of exportation of the Moneys of this Realme , then otherwise there would be . For although this is done with great danger to the exporters of the same , ( it being an acte against the Law of the Land ) yet notwithstanding Couetousnesse , being euer conuersant in wicked actions , thinketh nothing vnlawfull , which promiseth a certaine gaine ; and how to remedie this euill practise I finde it not easie . For the debasing of the Coyne , or raising the price thereof in this Realme , would much impouerish the estates of particular men , and yet in the conclusion , would proue a businesse without end : for who doth not conceiue that which would follow beyond the Seas vpon any such alteration here with vs ? so that still the euill will remaine , vntill we find some other remedie . And for the exchanges of money , vsed betwixt Nations , although the true vse thereof , is a very lawdable and necessarie practise , for the accommodating of Merchants affaires , and furnishing of Trauellers in their occasions , without the transporting of Coyne from one State to another , with danger and losse , both to the publique and priuate wealth ; yet is the abuse thereof verie preiudiciall vnto this Kingdome in particuler ; whilest in the interim the benefit doth arise vnto other Countries , who diligently obseruing the prizes whereby the monies bee exchanged , may take aduantage , to carrie away the Gold and Siluer of this Realme at those times , when the rate of our sterling money ( in Exchange ) is vnder the value of that Standard , vnto which place they are conueyed ; For in respect the prizes of the Exchanges , doe rise and fall according to the plentie or scarsitie of money , which is to be taken vp or deliuered out , the exchange is hereby become rather a Trade for some great monyed men , then a furtherance and accomodation of reall Trade to Merchants , as it ought to be in the true vse thereof . And thus many times money may be made ouer hither by strangers , to a good gaine , and presently carried beyond the Seas to a second profite , and yet the mischefe ends not here : for by this means the takers vp of money in forraine Countreys must necessarily driue a Trade to those places , from whence they draw their moneys ; and so doe fill vs vp with forraine Commodities , without the vent of our owne wares , but for this great euill , there is an easie remedie , and so I come to handle the next cause which is neglect of Dutie . Neither is it my intent to write of Duties in their seuerall kindes ; but onely of that kinde of duty which is here thought to bee neglected by some men in their seuerall vocations . As it might peraduenture come to passe , in those who haue the working of his Maiesties coyne , either gold or siluer : if diligent care be not had in the size of euery seuerall peece , to answer iustly to his weight : for howsoeuer vpon triall of many peeces altogether , the weight may bee found according to the couenants , and within the remedies ordained in the Indentures : Yet notwithstanding many of those peeces may be sized too light , & others as much too heauy ; which giueth the greater aduantage to some people , to carry away that which is ouer-weight , and so to leaue vs them which are too light , if they leaue vs any . And this mischiefe is not single ; for thereby also some Goldsmiths , regarding profit more then dutie , may bee the more readily drawne to melt downe the heauy Coyne into Plate and other ornaments both of gold and siluer . But what might wee thinke of those men who are placed in authoritie and office for his Maiestie , if they should not with all dutifull care discharge their trust concerning that excellent Statute , where in it is ordered , that all the moneys receiued by strangers for their Merchandise , shall be employed vpon the commodities of this Realme ? the due performance whereof would not onely preuent the carrying away of much gold and siluer , but also be a meanes of greater vent of our owne wares : whereof I purpose to write something more in the next part which concerneth our commerce with strangers . And now I come to the last point , which I feare is not the least amongst the causes of our want of money ( so farre as any such may bee : ) and let it not seeme strange to any man , that Trades should hurt and impouerish a Commonwealth , since it hath beene alwayes accompted an excellent means to helpe and enrich the same : for , as this truth cannot be denyed with reason , so it is likewise most certain , that the vnskilfull managing thereof hath euer prooued a great decay vnto those nations who haue been entangled with such errors . And are not the examples too frequent in many of our owne Merchants , who not onely by the perils of the Seas and such like misfortunes , lose their goods , but also euen through want of knowledge , wisely to direct their affaires , doe ouerthrow their whole estates : neither may we properly call this their losse , but rather the kingdomes losse in them . Wherefore it were to be wished , that this mysterie of Merchandising might be left only to them , who haue had an education thereunto ; and not to be vndertaken by such , who leauing their proper vocations , doe for want of skill in this , both ouerthrow themselues & others who are better practised . But there is yet a farre greater mischiefe by our Trades beyond the Seas , when peraduenture , there might be imported yearely a greater value in forraine wares , then by any way or meanes we doe export of our owne commodities ; which cannot otherwise come to passe , then with a manifest impouerishing of the Commonwealth ; for as it is a certain cause to make vs rich , both in stock & treasure , when we shall carry out a greater value of our owne goods then we bring in of forrain wares ; so by consequence , a course contrary to this , must of necessitie worke a contrary effect . Neither is this importation meant otherwise thē concerning those wares , which are consumed in this Realm : for the cōmodities which are brought in , & after carried out vnto forren parts again , cānot hurt but doe greatly help the cōmonwealth , by encrease of his Maiesties Customes and Trades , with other employments of the subiects ; by which particulars I might yet set foorth the glory of the East India Trade , which hath brought into this Realme in fifteene moneths space , not onely so much Spice , as hath serued the same for the sayd time ; but also by the superfluitie thereof , there hath beene exported into forraine parts for about 215000. pounds sterling . So then let all men iudge , for what a great value wee may hope hereafter to export yearely : when vnto these spices we may ( by Gods assistance ) add the infinite worth of Raw-silkes , Indicos , Callicoes , and some other things : All which are to bee issued in the nature of Cloth , Lead , Tinne , or any of our owne Merchandize to the enriching of this Kingdome by encrease of the Common-stocke . So then to conclude this poynt , we ought not to auoid the importation of forraine wares , but rather willingly to bridle our owne affections to the moderate consuming of the same : for otherwise , howsoeuer the East India Trade in particular is an excellent meanes greatly to encrease the stocke of mony which we send thither yearely , by returning home fiue times the value thereof in rich commodities , all which ( in short time ) may bee conuerted into Treasure , as is plainly shewd already in Page 25. Yet notwithstanding , if these Indian wares thus brought home , cannot be spared to serue for that purpose of Treasure ; but must be sent forth together with our owne natiue commodities : and yet all little enough to prouide our excesse and extraordinary consume of forraine wares : then is it likewise as certaine that the generall Trade of this Kingdome doth hinder and diuert the comming in of the said Treasure , by ouer-ballancing the value of our wares exported ; with the importation and immoderate consume of forraine Commodities . Therefore , forasmuch as the number of the people in this Realme , are thought to be greatly increased of late time ( both in themselues and strangers ) whereby necessarily the Commodities of this Kingdome , and also forraine wares , are the more consumed and wasted , a double meanes to abate the Common-wealth ; ) it therefore concerneth vs all in generall , and euery man in his particular , to stirre vp our minds , and diligence , to helpe the naturall Commodities of this Realme by industrie , and increase of Arts ; seeing that the materials cannot bee wanting to make such Stuffes , and other things as are daily brought vnto vs from forraine parts , to the great aduantage of Strangers , and to our no lesse dammage . Neither should we neglect the riches which our Seas affoord , whilest other Nations by their labour doe procure themselues great Treasure from the same . And as the diligent performance of these things , would plentifully maintaine the poore , and much increase the common stocke of this Kingdome : so likewise for the better furtherance thereof , wee ought religiously to auoid our common excesses of food and rayment , which is growne to such a height in most degrees of people ( aboue their abilitie ) that it is now beyond all example of former ages . Neither is it needfull for me , to set downe the particulars of these abuses ; for they are too well knowne : and I am confident , that the wisedome of our Gouernment doth endeuour to see them as well amended , to the glorie of God , the honour of the King , and the good of the Common-wealth . Amen . FINIS . Notes, typically marginal, from the original text Notes for div A07886-e890 The First part concerneth the vse of Indian wares . Sir. Thomas Elyot his Castle of health . Rembert Dodoneus his history of Plants . The French Academy second part , and others . France and the Low Countries of late yeares do make great quantities of wrought silke , of which wares they were heretofore serued from Italy . France , Italy , South Barbary , and other Countries . The Second part Sheweth the manner & the meanes by which Indian wares haue beene and now are brought into Europe . b Rates vpon all sorts of Spices . 22. per cent . Rawe-Silkes esteemed about 2. per cent . Indico about 8. per cent . Such people as affect not the good of this Kingdome The quantitie of Spice , Indico , and Persian Raw-Silke , yeerely consumed in Europe . The exportation of the value of 953543. l. starling out of Christendome into Turkey yeerely saued . Instance only , that ten shillings imployed in Pepper in the East-Indies , will require thirty and fiue shillings for all charges whatsoeuer to deliuer it in London . The great Summes of money which the Persians and the Indians carrie yeerely out of Turkey . The East-India Companie doe endeauor to bring the Raw-Silkes from Persia directly by Sea. Marcellis sendeth yeerely to Aleppo & Alexandria at least 500000. l. sterling , and little or no wares . Venice sendes about the value of 100000. l. and a great value in wares . The Lowcountries sends about the value of 50000. l. sterling monies , and litle wares . Messina 25000. l. in ready money . Abissians a people in Ethiopia whose influence hath made them dull , lazy and without artes ; enioying diuers Mines of Gold and one of Siluer , which doe procure their wants of forren wares . Turkey hath litle meanes for Linnen but onely from India . The proceedings of some States in Italy for the maintenance of Artes. The ready moneys which are yearly carried from some States of Italy into Sicilia . How Marcellis and Venice are furnished with ready moneys . The Italyan Merchants doe furnish the king of Spaine with money in Italy and Flanders . The third part doth shew how the East-India , Trade doth enrich this Kingdome . How much money and wares the East-India Company haue sent forth euer sithence the beginning of this Trade . The vent of English wares increased in the Indies Our stock may be much increased by Trade from Port to Porte in the Indies . The moneys sent to the Indies is all forren Coyne - The East-India Companie are obliged . to bring in as much money as they carry out of the Realme . Tobacco , Raysons , Oyles , and Wines , whereof there is no want , but rather too much Smoake . A propotion of such Trade as is hoped yeerely to be brought into this Realme from East-India . How much the kingdomes stocke may increase yeerely by trading to the East-Indies . 2500. Tonnes of shipping wil lade home all the wares afore written from the East-Indies . And the materialls of the said shipping ( vnwrought ) is worth about 15000 l. sterling India wares wil bring readie moneys into the Realme . We haue no other meanes to procure Treasure but by Trade and Merchandize . The French and the Venetians send the vallue of 600000. l. sterling yeerely in ready money into Turkey . Trade maketh some States very rich which haue little other meanes . If the generall Trade of this kingdome doth export a greater value in wares then it doth import yearely , then doth our treasure increase The trade to the East-Indies may be said to export 480000 poundes and to importe 120000. l. yearely . So the ouerballance is 360000. poundes sterling . Euery action ought especially to be considered in his ende . The East-Indian wares which were sent beyond the seas , are sould and haue then finall end in money , which might be brought into this Realme in that kind , if our other Trades did not diuert the same . The first part concerneth the folly of the Obiection . The prouidence of the East-India company for timber and Planke . The East-India Trade hath not indeared the materialls which serue to make Shippes The second Part sheweth the mistaking in the Obiection The warlike prouision which the East-India Companie keepe in store His Maiesties strength in the East-India Company alone . The shippes which returne from the East-Indies home , may be repayred in a very short time . The first Part concerneth Dearth . The manner how the East India Company do victuall their ships . The Second Part concerneth Mortality Good Marriners are accounted worthy men in a Common-wealth . The breeding of 400. Marriners yearely . Besides that the feare of a few mens death ought not to ouerthrow or hinder the performance of honourable actions for the seruice of the King and cōmonwealth . Our Marriners owne disordered life is that which killeth many of them . The third Part concernes the decay of shipping which haue beene sent to the Indies . Our troubles with the Dutch The summe of the affaires to the East Indies euer since the Trade began . Account of all the money and goods which hath been sent to the East Indies euer since the beginning of the Trade . 356288. l. sterling hath been returned from the East Indies which did produce here towards charges 1914600. sterling . There remains yet in the East Indies to be returned home from thence about 400000 l. starling . Concerning the decay of shipping and Trade into Turkey . The Turkey Merchants can and will iustify this truth . The strength of the East India ships . The fourth Part concernes the pouerty of widdowes , & c· The East India Trade doth employ many poore men , & deboist people which other trades refuse Wages before hand is not giuen in other Merchants voyages , neither yet so great wages as the East India company pay . When did any of these widdowes beg for reliefe in our Churches as others often doe ? The East India company their charity . The fift Part concerneth the cheapnesse of Spice and Indico at this present in respect of former times . Prices of spice and Indico in former times . Prices of spice and Indico in these later times . Lesse then 18. thousand pounds sterling in the Indies , will buy Spice and Indico to serue this Realme for a yeare , which is not halte so much money as it spendeth beyond the seas to buy Currans onely , or to buy Tobacco . The wares only which are sent out of this kingdome into the East Indies are of sufficient value to 〈…〉 this Realme 〈◊〉 〈◊〉 〈◊〉 〈◊〉 〈◊〉 〈◊〉 〈◊〉 Indian wares , Persian Raw Silkes only accepted ) The first Part concerneth his Maiesties Mint 25000. pounds waight at least of Siluer yearely melted down into Plate , besides old Plate new fashioned , as by credible report . There hath bin coyned great store of Gold & Siluer in his Maiesties Mint since the East India Trade began . There hath bin little or no Siluer coyned in some yeares , when the East India Company sent out very small sums of money . Some causes and meanes which were wont to bring Siluer into the Realme , are ceased at this present time . The Second Part concerneth the putting downe of the East India Trade . The East-India Trade is greatly desired by other Christian Nations . The Dutch might grow strong and rich by our destruction . The Third Part concerneth the councel which the Obiecters demaund . The riches of a Kingdome is of two sorts . This kind of industry maketh some Countries which are poor in themselues , to grow rich and strong by other Nations , who haue greater meanes , and are lesse industrious . Foure Principall Causes which carry away our Gold and Siluer . The First Cause concerneth the Standard . Proceeding against entercourse . The Second Cause concerneth the Exchanges of moneys with forreine Countries . The practise of those strangers here in this Realme , who make a Trade by Exchange of moneys . Forraine wares brought in with our ready moneys carryed out of this Realme· The third cause concerneth neglect of duties . Our heauy money is conueyed beyond the seas and melted downe here in the realme . Anno 17. Edw. 4. The fourth cause concerneth our cōmerce with strangers . Vnskilfull Merchants ouerthrow our Trades . Merchants by education are onely fit to trade in forren parts . How rich cōmonwealths may become poore . Forrain wares brought in for Transito cannot hurt , but greatly helpe the common-wealth . Hopes to increase Trade by exportation of Indian wares to forrain parts The particular Trade to the East Indies wil bring great store of treasure into this Realme , if the generall Trade of this kingdome doe not hinder and consume it The Dutch in particular , are said to reape such infinite wealth yearely by this fishing Trade , that without more certain knowledge thereof I dare not set downe the sum , it seemeth so vncredible .