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the thing they negotiate; may well be said according to the

notation of Monopoly; from {Greek word omitted} and {Greek word

omitted}; to converse alone。 For in so doing; they so live; as

none can live by them; in respect of their singular gaine in this

kinde: Contrary to that honest Poverbiall rule of the Dutch; that

men must Leuen ende laeten Leuen: So live as other men may Live

by them。 But here I cannot but discharge all those Corporations

of this Kingdome; of this part of Monopoly; which afford to every

particular trader thereof; the managing of his owne stocke; in

buying and selling as hee can; without any combination with

others。 In which it is an impossible as unusual; for any to have

command of the rice of their Commodities: because there is such a

multitude of Traders of them; and every man is at liberty to buy

or sell; without any rule by any generall order; or meanes to

hold one price。 But the greatest suspition of Monopoly in

Corporations; is in such as Trade; in Joint Stockes。 Whereof if

there be any that tradeth in a Joint Stocke; and hath the Sole

buying or selling of any Commodity; and buy and sell the same

Jointly; as by one person or common factor; such is guilty of

Monopoly。

    For particular men; they may also commit Monopolizing: either

by procuring Patents by misinformation of the State; for the Sole

Importing or Exporting; buying or selling at their owne prises;

to the restraint of the Common Liberty; and the Publique Utility

of the Kingdome: or else when some one or few; without any

Authority; doe joine together to engrosse and buy in a Commodity;

and sell it out againe at their owne price。 Of the former kinde;

are those Catalogue of crying Monopolies; which his Majestie in

His high Wisdome and Grace damned in His Princely Proclamation of

the tenth of July last; in the XIX year of His Majesties most

happy Reigne over this Kingdome: Many of which were abused in the

Practice; from which they appeared to be in the Institution。 And

here a pretty question occurreth。 When a Patent is granted to a

certaine person or persons; so as hee or they have power to

licence others to exercise some kinde of Commerce solely; and

consequently with command of the price: that question is; who is

then the Monopolian; whether the Patentees; or their Assignes? In

this case I suppose; that both the one and the other commit

Monopoly。 For first; the Patentees make their price at their

pleasure upon their Assignes; and they againe upon the Subjects。

So that here is Mnnopoly upon Monopoly: like your Salt upon Salt;

Interest upon Interest; or the Decompositum in Grammer。

    In the latter; some sorts of Trades…men in London; are said

to offend。 Which being matters of Generall note; and willing to

avoid offence; I will passe by such particulars。 And this shall

suffice for the Definition and Distribution of Monopoly。



Cap。 IIII。



Of want of Government in Trade。



    Such is the Forme of Trade considered in the Strict Use or

Abuse of Government; by way of Monopoly。 It now remaineth briefly

to shew the Too Loose Use thereof; by Ungoverned Trade。

    It is a Maxime in the Mathematiques; that Rectum est Index

sui & obliqui。 And the want of Government; cannot better be

demonstrated;then by the benefit of Government it selfe。 For

thereby the Common…wealth hath beene much advantaged; both in the

encrease of the native Commodities of the Kingdome; and the

advancement of their use and price in Forreine parts: and also in

keeping the forreine wares at a moderate rate within this

Kingdome。 This will be yet more perspicuous; if we cast our eye

first upon the several Societies of Merchants which trade under

Government: and then on those which trade without Government。 For

Contraria juxta se posita; magis elucescunt。

    In the first place therefore consider we that Ancient and

heretofore famous fellowship of the Merchants…Adventurers of

England。 Hath it not by their politique rule and order; eaten out

the Societie of the Hans…townes of Germanie and the Merchants of

the Entercourse of the Low Countries; in those trades; which a

long time they enjoyed in this land? And whereas those of the

Hans; vented in Germany; only a matter of sixe thousand of our

Clothes yeerely and at low prices: and held this Realme as it

were beholding unto them for their shipping: yea upon some

discontent for denying of them priviledges; durst offer some

hostilitie in the time of Edward the fourth。 Whereas the

Merchants…Adventurers by their Charters; granted from time to

time by the Princes of this Realme; and favoured by Parliaments

successively; by their orderly mannaging of their trade; have

supplanted the trade of the Hanses in Germany: and brought the

said Six thousand vented by them in Germany; unto Thirtie

thousand Clothes yeerely & at great prises。 And it is worthy to

be remembred to their Honour; that service which the

Merchants…Adventurers did to the State in Anno 88 when they

supplied the Navie Royall with a whole ships lading of Powder and

Shot from Hamburgh: which came luckily even in articulo temporis;

when there was a very great want thereof。 These also have from

time to time employed and bred up many worthy Masters of ships

and Mariners; and built many Tall; warlike and Serviceable

shippes: which as they themselves also; are at all times ready to

doe service to the King & State upon all occasions。 None of all

which they had ever beene able to have done as particular men; in

a loose; distracted; and disorderly trade。

    Great benefit also hath arisen from the East…land Company:

who have wonne like ground of the Hanses of the Baltique Sea: and

doe employ in that trade a great number of proper Shippes and

Men。

    The Levant Company likewise by their trade under Government;

hath built a great strength of warlike; Tall & Lusty Shipping;

which they employ in that trade: and by their industry have wonne

from the Italians the trade of the Levant: the Commodities

whereof were before brought into this Realme by Argosies to the

encrease of forreine shipping; and at deare rates: and is now

reduced to the Natives of this Kingdome; to the encrease of

Shipping; and the benefit of the Publike。 Which without

Government and good order; had been impossible for them to have

done。

    The French Company also; though but lately reduced to Order;

have reformed many abuses in that trade; in maintaining the

Native Commodities of this Kingdome in much better estimation;

and in keeping the Forreine at moderate prices: and in employing

greater shipping; then at any time before。 Which were impossible

for them to effect Singly; without Societie。

    Lastly; for the East…India Company; whereof I am prevented to

say what I might; by two severall discourses published in print;

the one by that worthy and rarely qualified Gentleman Sir Dudley

Digges Knight; the other by that discreete Merchant Mr。 Thomas

Mun: yet this I say; that this Great and Noble Societie by the

benefite of Government; hath set on foot a bery mightie Trade;

farre beyond any other Company of this Kingdome: and accordingly

hath excelled in greatnesse of shipping; and making Mariners of

land…men; beyond the example of any other Corporation: & had not

Envie thought that Trade too great a Treasure for this Kingdome

doubtlesse they had in Encrease of trade; excelled all the

Companies of Merchants in this Common…wealth。

    But here the ordinary objection encountereth me; that in

Germany; Spaine; France; Italie; and the Netherlands; there are

no such Companies; nor restrains of Merchants; as here in

England: and yet that those Countries thrive better in their

trades; than we in ours。 I answer; that if it be granted; that

they have no such Companies nor restraints of any; and that they

thrive better in their trades then we; yet it will not follow;

that this their better thriving is because every man is at

libertie to be a Merchant at his pleasure。 This is the fallacy

which the Logicians call {Greek phrase omitted}; Non causa pro

causa。 For if that were the cause; why then should not our

Spanish Trade; that hath no Company nor restraint; prosper better

then the other Trades which are Governed in Companies; whereas to

speak as the truth is; This Trade & These Merchants; are the most

miserable of all the other Trades and Tradesmen of this Kingdome;

and all through want of Government: thorough whose sides the

Common…wealth suffereth; and hath already lost many Millions in

value of the wealth of the Weale…publique; as I shall shew anone。

But to the Assumption; I deny that the Merchants of those

forreine Countries; trade without Government。 For Germany hath

ancietly had one Society; or Corporation of Merchants inall their

Sea…townes; called the Society; or Corporation of the Hans before

noted: as their houses of Staple yet standing at Bridges in

Flanders; Antwerpe in Brabant; Novogrode in Russia; Bergen in

Norway; and the Steelyard in London can witnes。 Which Trade of

theirs flourished; as long as it continued under Government: but

having lost their Priviledes; partly by their owne Stragling; and

partly being overtop't by the flourishing of the

Merchants…Adventurers Trade; their Trade is now almost quite

fallen to the ground。

    For Spaine and Portugall: all men know that their Sea Trade

is little; saving to the East and West Indies。 And those Trades

are carried with Government; and farre more restraint then ours。

    For France; there are not (that I know) any Companies of

Merchants for forreine parts。 Which I take to be the cause; why

those Merchants shipping; is of so small burthen; and of as

little sufficiency for service。 Which is an effect of a stragling

ungoverned Trade。

    For Italy; that consiseth of so many severall Jurisdictions;

that it were impossible to make a generall Corporation for any

one kinde of Sea…Trade。 For example; were it not in vaine for

Genoa to make a Corporation & Orders for Trade; whilest Florence

held a contrary course? It were certainly all one; as to have a

Company of Merchants for Spa

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