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the maintenance of free trade-第17章
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e: and yet there was nothing effected thereby; the money still altering beyond the Seas; whereupon Cardinal Wolsey had to alter the Valuation of money from time to time; as he should see cause。 Afterwards the said King in the 22 yeere of his Raigne; perceiving that divers Nations brought abunance of forraine Commodities into his Realme; and received money for it; which money they ever delivered to other Merchants by exchange; and never employed the same on the Commodities of the Realme; whereby his Majestie was hindered in his Customes; and the Commodities of the Realme were not uttered; to the great hinderance of his Subjects: as is there alleaged: His Majestie caused a Proclamation to be made; according to the aforesaid Statute; made in the time of King Richard the Second; That no person should make any exchange contrary to the true meaning of the said Act and Statute; upon paine to be taken the Kings mortall enemy; and to forfeite all that hee might forfeite; which tooke effect but for a short time; and no other was to bee expected; it not beeing of that moment; nor the principall meane to doe it。 After this followed the imbasing of Moneys and then all the price of forraine Commodities did rise immoderately; which made the native Commodities to rise at the Farmors and Tenants hands; and thereupon Gentlemen did raise the rents of their lands; and tooke farmes to themselves; and made inclosures of grounds; and the price of every thing beeing deare; was made dearer through plenty of money and Bullion comming from the West Indies; as is already noted; and by these meanes; was the Office of the Kings Royall exchanges neglected; because upon the Base money no exchange was made; and other nations counterfeited the same; and filled the kindome with it; and so carried out the good Staple wares of the Realme for it。 This raising of money was augmented afterwards by Queene Elizabeth of blessed memory; in the highest degree; by one full third part; from 45 pence the ounce; unto 60 pence or 5 shillings Starlin Standard: But the exportation did never ceasse; because the course of exchange for money did runne alwaies under the value of the money; still affoording a gaine betweene the said exchange and money; which caused the said exportation。 And so will it bee stil; if this be not prevented by Direction in a paire of Tbles; much like unto the Tables kept at Dover in the time of King Edward the third; to receive the passengers money; and by exchange in specie for it beyond the Seas; which made them to leave their moneys within the Realme; and this course of exchange so directed; is the onely meane and way to restore Englands wealth by importation of money and Bullion; advancing the price of our native Commodities; and to prevent the Transporation of our moneys: and all other Remedies are Defective; as experience will proove and demonstrate; if good things can bee favoured。 The Statue of employment must also bee observed; to make the Remedy more compleate with a Register also; to record the Moneys which forraine Marriners doe receive for fraight comming from Norway and other places; which are above one hundred voyages in one yeare; as also many other Ships; bringing corne into the Northerne and Westerne parts of the Realme; and exporting money for it。 The Turke; Persian; and Russian have herein beene more Politicke then we; keeping the price of their exchanges high much above the Valuation of their moneys。 So that they have no Trade by exchange; nor moneys; but onely for Commodities; whereby they prevent the over…balancing of forrain Commodities with theirs; as also the exportation of their moneys: albeit the use of our Commodities in those countreys; is very great。 The Objections made by some against this Sole Remedy may easily be answered; for they are grounded upon Suppositions against assured experience。 1。 Some make doubt; that the price of exchange being risen; there will be no takers of money; and then the deliverer is more thrust upon the exportation of moneys。 2。 Others say; that those merchants; which have sold their Cloth beyond the Seas shall receive a losse in the making over of their money from thence。 3。 Others say; that they shall not be able to vent their Cloth; according to the high exchange; expecially now that the same is out of request; and would have the matter of reformation deferred untill an other time。 The first objection is answered before; That the taker is ruled by the deliverer; who will not give his money by exchange under the true value according to the Proclaimation to be made; and the deliverer being the Merchant stranger here; will sooner be thrust upon the Statute of employment; for by the exportation of money; he shall have no gaine; whereas some of the discreeter sort would not have that Statute too stricktly pressed upon the Stranger; because the Trade should not bee driven into their hands。 To the second; the Proclamation limiting a time for execution; giveth Merchants ability to recover their moneys; or to sell their billes of debt for money; or to buy Commodities for them; as the manner is。 To the third; experience maketh a full answer to both; that there did not want takers; when the late inhauncing of money at Hamborough; caused the exchange to rise from under 28 shillings to above 35 shillings; which is more then the present alteration will be; and Wooll was at 33 shillings the Todde; which is now fallen under 20 shillings。 So that the vent of our Cloth was not hindered when it was solde dearer by one full third part: But there was above 80 thousand Clothes sold yearely; where there is not sold now 40 thousand Clothes。 The time is also to bee thought more convenient to advance a Commoditie being undervalued; then to doe it when the price is high。 For this Pleurisie of the Common…wealth is dangerous; and admitteth no time to bee cured; like the fire in a City; which permitteth not enquiries to examine how the fire beganne; but requireth every mans helpe to quench the same。 And whereas it is alleadged in defence of the inhauncing of our Coyne; That which is equall to all; when hee that buyes deare; shall sell deare; cannot be saide to be injurious to any。 This opinion seemes to be eiusdem farina; as the former; and hath no consideration what the alteration of Weights or Measures betweene us and forraine nations; may produce to the losse of the Common…wealth; albeit that betweene man and man; it may proove alike in some respects。 To make this evident; suppose two Merchants; the one dwelling in London; and the other dwelling at Amsterdam; do contract together; that the Londer sending Clothes to sell at Amsterdam; the merchant of Amsterdam sendeth him Velvets and Silkes to bee solde at London; and in the account to be kept betweene them they agree to reckon the moneys in exchange but at 30 shilings flemish for 20 shilling Starlin; and so make returne each to other from time to time as money shall be received; both; here and beyond the Seas。 Wherupon put the case; that there is received at Amsterdam 1500 lib。 flemish for Cloth; and at London there is received 1000 lib。 Starlin for Velvets and Silkes; which by the said rate & calculation
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