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signabatur。 But when Immooveable and Immutable things came also

to be in Commerce amongst men; as well as those things which were

mooveable and fit for change; then came money in use; as the rule

and square whereby things might receive estimation & value。

Therefore the Civilians affirme that Numus est {Greek phrase

omitted} dictus; quod instiutum sit Civile。 According to that of

Aristotle。 {Greek phrase omitted} Numus non est a natura sed a

lege。 And thence it is that money in our tongue is derived of

moneta; quasi numi nota。

    Or if there were a necessitie to Christendome; to use those

forreine wares: or that the meanes whereby they are to be

procured; were without the losse of treasure: or lastly that the

same tended to the encrease of the treasure thereof theexchage

were excellent。 But first there isno such necessitie: for that's

necessarie to doe a thing without which it cannot be done: And

that's necessarie to the being of a Common…wealth; without which

it cannot subsist。 But thankes to God; Christendome is richly

furnished within it selfe; with all things fit for life and

maintenance: whether we respect vitall use; as foode and raiment:

or physicall; as vegetables and mineral: or politicall; as gold;

silver; and infinite varietie of merchandize。 Nor are those wares

procured without the losse of treasure; no nor with lesse

treasure。 For as those wares have cost lesse in price; since some

late discoveries; so are they encreased in their quantities; by

the ample trade of all parts of Christendome thither; more then

before: and then who knowth not that a lesse quantitie deare; and

a greater quantitie cheape; is all one in respect of the value。

Nor is the treasure lessened by changing the course of trade into

those parts。 For the new trades found out; are furnished with a

new supply of money; and the old nevertheless issue out as much

treasure as before: by reason that the same are enlarged and

become now as great; apart; as heretofore they were; together;

when the new trades were included in the old。 So that now so much

more of the treasure of Christendome is wasted; as those old and

new trades are encreased; which is to an infinite value。

    Not lastly; is the treasure of Christendome encreased by

those forreine trades; for the more the stock of Christendome is

thereby encreased in wares; the more it decreaseth in treasure:

which the parts of Christendome must needs feele by Sympathy and

compassion。

    And this; that prudent and politique Emperour Charles the

fifth perceived in his time; who upon a question betwixt the

Spaniards and Portugalles about this matter; the Emperour used

words to this effect: You Portugalles for a suretie; are Enemies

to all Christendome; for you carry nothing out of it but coine;

which is hurt to all Countries。



Cap。 II。



The Causes of the decay of Trade; in the Merchandize of England



    Such are the causes of the matter of trade considered in the

want of money; themerchandize followeth。 Merchandize is that

naturall matter of Commerce; whereby men busie themselves in

buying and selling; chopping and changing; to the encrease of

Artes; and enriching of Common…wealths: according to that of the

Poet {Greek phrase omitted}; Bona lis mortalibus haec est。

    And to the end there should be a Commerce amongst men; it

hath pleased God to invite as it were; one Countrey to traffique

with another; by the variety of things which the one hath; and

the other hath not: that so that which is wanting to the one;

might be supplied by the other; that all might have sufficient。

    Which thing the very windes and seas proclaime; in giving

passage to all nations: the windes blowing sometimes towards one

Country; sometimes toward another; that so by this divine

justice; every one might be supplyed in things necessary for life

and maintenance。

    And this; Seneca thought to be a principall benefit of

nature; Quod & vento gentes locis disipatas miscuit; & sua omnia

in regiones ita descripsit; ut necessarium mortalibus esset inter

ipsos Commercium。 Nature by the benefit of the wind; hath so

mixed people; dispersed in divers places; and so distributed her

gifts in divers Countries; that there should be a necessity of

Commerce amongst men。 Which agreeth with that of Aristotle; Est

translatio rerum omnium caepta ab initio; ab eo quod est secudum

naturam; cum homines haberent plura quam sufficerent; partim

etiam pauciora; negotiatione suppleri id quod natura deest; quo

commode omnibus sufficiat。

    And that we doe not goe out of the Christian world for an

example hereof; let us consider the state of the Netherlands; in

what a miserable case those people were; if they received not

supply from all other Nations。 They have nothing of their owne;

and yet they seeme to possesse all things in the supply they

receive from all the world。

    And surely if any Kingdome under the Sunne can subsist of it

selfe; none hath more cause to blesse God; then this Iland of

ours; which Almighty God hath richly adorn'd with variety of

allthings necessary for mans life and welfare。 As with Corne; and

our Wine: Cattle; Wooll; Cloth; Tynne; Iron; Lead; Saffran; Waxe;

Hoppes; Hydes; Tallow; Flaxe; Fowle; Fish; and many othres:

whereby; thanks bee to God; the people of this Land; have not

onely sufficient for their owne mainenance; but doe abundantly

supply the wants of all other Nations。

    Now the Trade and Commerce of this Kingdome within it selfe;

and with Forreine Nations; consisting of so many rich

Commodities; let us consider them all joyntly; and then some

principall of them apart。

    Jointly considered; the causes of the decay of Trade in them;

may be said either to be Deficient or Efficient。 Deficient;

either in the generall want of money in the Kingdome; or the

particular want of the East India stocke。 I shewed before; what

were the causes of the want of money: & that the disaster upon

the East India Trade is a remote cause thereof: but these are

both causes of the decay of trade。 For money is the vitall spirit

of trade; and if the spirits faile; needs must the body faint。

And as the body of trade seemeth to be dead without the life of

money: so doe also the members of the Common…wealth; without

their means of trade。 We say; that an Artizan or workeman; cannot

worke without tooles or instruments: no more can a Merchant trade

without money or meanes。 And in the want of so great a stocke; as

is that of the East India Company; the Body of this Common…wealth

hath lost the use of many of it principall members; by whose

industry; art; and action the Commerce thereof might wonderfully

have been encrea'st。 The losse whereof; to him that is not

wilfully blinde; is apparently sensible in the Drapery of the

kingdome; whereby the poore are set on worke: and in all the

other trades of the kingdome; whereby the subjects are employed:

and hath begot that great and generall dampe and deadnesse in all

the trades of the kingdome; which we unhappily feele at this day。

    The Efficient causes of the decay of trade jointly

considered; are either Usuary; or unnecessary suits in law。 In

the former I am prevented; and my labour spared; by him that

wrote a little treatise against usury: which it seeme's for

modesty he refuseth to owe: though I could wish; that those that

deserve of the publique were knowne to the publique: least they

be served as sometimes Batillus served Virgil; and so be forc'd

too late to proclaime; Hos ego versiculos feci; tulit alter

Honores。

    I have a word onely to adde to his Usury; that it is not an

Usury of ten in the hundred only; that wringeth this

Common…wealth; but an extorsion also of 20…30…40; nay of Cento

per Cento per Anno; as the Italians speake; given and taken on

pledges and pawnes; and that on poore peoples labours; in London

especially: which is a biting Usury indeed; and a fearefull

crying sinne before God。

    Unnecessary suites of Law are also Efficient causes of the

decay of trade。 Wherein certainely this Kingdome exceedeth all

other kingdomes in the world。 As the Justice of this kingdom is

the Diadem of the King; and doth stabilire Regis thronum; and

tribuere cuique suum: whereby men may five Caesar Caesar's; and

meum and tuum one to another: so is the Justice of the King; in

the sacred person of His Majestie; amongst other His Royall

Vertues; and Embleme and represation of highest Majesty: and it

is an incomparable happinesse of this kingdome; to have such a

Malchizedec; a King of Justice; a King of Peace。

    Neither may I forget that Royall testimony hereof; which is

worthy to be written in letters of gold; and thankefully to be

remembered of every tongue and pen; whereof amongst others more

worthy; it was also my happinesse to be oculatus and auritus

testis: when His Majesty in a Star…chamber assembly; lifting His

eye toward heaven; and laying His hand on His Sonnes head; made

such a solemne protestation of His sincerity in Justice; as may

serve for a matter of admiration and imitation; to all the Kings

on earth。 Those that went before; and they that followed after:

Those that heard it then; and they that heard of it since; said

it was {Greek phrase omitted} Nec vox hominem sonat; o Deus

certe!

    If such then be the Justice of the King and the kingdome; how

is it then that Trade is hindered by suits of Law。 Herein

Columellae's counsell is remarquable; Principi providendum est;

ne legibus fundata civitas; legibus evertatur。 There cannot be

too much Justice; ther may be too much Law。 For the use of

Justice is excellent; in conteining men within the bonds of

civility and honesty: in preserving men from injurie: and in

maintaining every mans right & propriety。 But the abuse there of

is a most pernitious and dangerous surfeit in the body of every

Common…wealth。

    And this is our case in this Weale…publike; no Kingdome hath

better Lawes; no kingdome so full fraught with tedious;

needlesse; endlesse; suits of Law。 For now this Litigandi {Greek

word omitted}; and waxeth so fast; and growe

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