Front Page Titles (by Subject) SECT. II.: The several kinds of Forreign Trade, of trading with Home or Forreign Navigation, some general Application. - A Select Collection of Early English Tracts on Commerce from the Originals of Mun, Roberts, North, and Others
SECT. II.: The several kinds of Forreign Trade, of trading with Home or Forreign Navigation, some general Application. - John Ramsay McCulloch, A Select Collection of Early English Tracts on Commerce from the Originals of Mun, Roberts, North, and Others 
A Select Collection of Early English Tracts on Commerce from the Originals of Mun, Roberts, North, and Others, with a Preface and Index (London: Printed for the Political Economy Club, 1856).
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- A Select Collection of Early English Tracts On Commerce
- Thomas Mun, a Discoverse of Trade From England Vnto the East-indies: Answering to Diuerse Obiections Which Are Vsually Made Against the Same.
- Lewes Roberts, the Treasure of Traffike, Or a Discoourse of Forraigne Trade.
- Thomas Mun, England’s Treasure By Forraign Trade. Or. the Ballance of Our Forraign Trade Is the Rule of Our Treasure.
- Chap. I.: The Qualities Which Are Required In a Perfect Merchant of Forraign Trade.
- Chap. II.: The Means to Enrich This Kingdom, and to Encrease Our Treasure.
- Chap. III.: The Particular Ways and Means to Encrease the Exportation of Our Commodities, and to Decrease Our Consumption of Forraign Wares.
- Chap. IV.: The Exportation of Our Moneys In Trade of Merchandize Is a Means to Encrease Our Treasure.
- Chap. V.: Forraign Trade Is the Only Means to Improve the Price of Our Lands.
- Chap. VI.: The Spanish Treasure Cannot Be Kept From Other Kingdoms By Any Prohibition Made In Spain.
- Chap. VII.: The Diversity of Gain By Forraign Trade.
- Chap. VIII.: The Enhansing Or Debasing Our Moneys Cannot Enrich the Kingdom With Treasure, Nor Hinder the Exportation Thereof.
- Chap. IX.: A Toleration For Forraign Coins to Pass Currant Here At Higher Rates Then Their Value With Our Standard, Will Not Encrease Our Treasure.
- Chap. X.: The Observation of the Statute of Imployments to Be Made By Strangers, Cannot Encrease, Nor Yet Preserve Our Treasure.
- Chap. XI.: It Will Not Increase Our Treasure to Enjoyn the Merchant That Exporteth Fish, Corn Or Munition, to Return All Or Part of the Value In Money.
- Chap. XII.: The Undervaluing of Our Money Which Is Delivered Or Received By Bills of Exchange Here Or Beyond the Seas, Cannot Decrease Our Treasure.
- Chap. XIII.: The Merchant Who Is a Mere Exchanger of Money By Bills Cannot Increase Or Decrease Our Treasure.
- Chap. XIV.: The Admirable Feats Supposed to Be Done By Bankers and the Merchants Exchange.
- Chap. XV.: Of Some Excesses and Evils In the Commonwealth, Which Notwithstanding Decay Not Our Trade Nor Treasure.
- Chap. XVI.: How the Revenues and Incomes of Princes May Justly Be Raised.
- Chap. XVII.: Whether It Be Necessary For Great Princes to Lay Up Store of Treasure.
- Chap. XVIII.: How Much Treasure a Prince May Conveniently Lay Up Yearly.
- Chap. XIX.: Of Some Different Effects, Which Proceed From Naturall and Artificiall Wealth.
- Chap. XX.: The Order and Means Whereby We May Draw Up the Ballance of Our Forraign Trade.
- Chap. XXI.: The Conclusion Upon All That Hath Been Said, Concerning the Exportation Or Importation of Treasure.
- Samuel Fortrey, Englands Interest and Improvement.
- England’s Great Happiness; Or, a Dialogue Between Content and Complaint.
- Britannia Languens, Or a Discourse of Trade
- The Preface.
- The Introduction.
- Section I.: Trade National Or Private, Home Or Forreign Treasures Imported By Trade, Thence Land-rents, Populacy Increased, the Revenues of All Ranks of Men Depend Upon Trade, People and Treasure Make National Strength, Particular Advantages In Treasure,
- Sect. II.: The Several Kinds of Forreign Trade, of Trading With Home Or Forreign Navigation, Some General Application.
- Sect. III.: Of Forreign Trade Consisting In Exportation, of the Advantages of Home Manufactures, and Manufactures, Incidently Other Home Trades, and Imployments Are Considered; and Which of Them Enrich a Nation; of the Fishing-trade, and the Annual Export
- Sect. IV.: Of Forreign Trade From Port to Port, the Nature and Advantage of It, Differs From Meer Carriage, and Meer Importation; the Necessity of a Home Storehouse: the Ordinary Exporting of Money Or Bullion, of Dangerous Consequence; How to Be Avoided:
- Sect. V.: That Our Home and Forreign Market Is Incumbered, and Prejudiced By Extraordinary and Unequal Charges, and Cloggs In Our Merchandize Above What Are In Our Neighbour-nations, Viz. In the Building and Furniture of Our Ships, Victuals, Sea-mens Wa
- Sect. VI.: Other Cloggs On Our Trade, Viz. the Late Acts of Navigation, Which, With the Other Difficulties, Have Begot Monopolies; Made Our Navigation Yet Dearer, So Forreign Materials of Manufacture Cause Meer Importations, Hinder Our Forreign Vent of
- Sect. VII.: Forreigners Eased In Trade; Other Clogs and Difficulties Upon Ours; Want of Populacy, Incidently of Extream Prizes of Victuals, and How the Duration of Land-rents May Be Secured, Our People Restrained From Manufactures; the Abuse of the Act
- Sect. VIII.: That a Nation May Grow Poor By Forreign Trade, Viz. By an Excess of Meer Importations, Illustrated By Some Observations: This Facilitated By Exporting Money Or Bullion; the Fatal Consequences and Symptoms of a Consumptive Trade, Decay of Ma
- Sect. IX.: That a Consumptive Trade Must Render a Nation Still Weaker and Weaker: How Far the Meer Establishment of Absolute Power, Or Meer Liberty and Property, May Alter the Case.
- Sect. X.: Further Presumptions of Our Late National Overballance In Trade; an Account From the Mint In November 75. and Thence Our Former Ballance of Trade Estimated.
- Sect. XI.: Particular Decays In Our Exportations, and the Beneficial Parts of Our Trade; Instances In the Decay of Our Foreign-trade For Woollen Clothing, In the Several Countries and Ports We Traded To, In the Sinking of the Foreign Price of This Manufac
- Sect. XII.: Instances In Late Increases and Excesses of Our Forreign Importations, and Therein of the Decay of Some Other of Our Own Manufactures Which Supplyed Our Home Uses, Viz. In Linnens of All Sorts, More Dear Fine Linnens Used; Incidently of the
- Sect. XIII.: That a Considerable Part of Our Late Treasure Is Exhausted: Application to Our Publick and Private Revenues: Objections Answered, Viz. the Plenty of Money to Be Let On Securities, Stores of Money In London, Stocks In Merchandize, the Over
- Sect. XIV.: People and Treasure the True Pillars of the National Strength: the Odds In the Different Vse and Imployment of People. the Absoluteness of the French Monarchy No Cause of the Present French Grandure: the Late Application of the French Co
- Dudley North, Discourses Upon Trade
- The Preface.
- A Discourse Concerning the Abatement of Interest.
- A Discourse of Coyned Money.
- Postscript. Upon Farther Consideration of the Foregoing Matters, I Think Fit to Add the Following Notes.
- Considerations On the East-india Trade
- To the Reader.
- Chap. I.: The Objections Against the East-india Trade; Viz. the Exportation of Bullion For Manufactures to Be Consum’d In England; the Loss of the Labourer’s Employment; the Abatement of Rents Are Enforc’d.
- Chap. II.: The Exportation of Bullion For Indian Manufactures, Is an Exchange of Less For Greater Value.
- Chap. III.: A More Open East-india- Trade, Is More Profitable to the Kingdom.
- Chap. IV.: The East-india Trade Does Not So Much Diminish the Riches of Some Private Persons, As It Increases the Riches of the Kingdom.
- Chap. V.: The East-india Trade Is the Way to Increase Our Bullion.
- Chap. VI.: The East-india Trade Must Increase Our Exportations.
- Chap. VII.: Notwithstanding the Idleness of the Mint, the Money and the Bullion Are Increas’d.
- Chap. VIII.: The Increase of Paper Money Is to Be Ascrib’d to the Increase of Real Money, Rather Than the Apparent Plenty of Money to the Increase of Current Paper.
- Chap. IX.: The Kingdom Is Not More Impoverish’d By the Consumption of Indian Than of English Manufactures.
- Chap. X.: The East-india Trade Destroys No Imployment of the People Which Is Profitable to the Kingdom.
- Chap. XI.: The East-india Trade Is the Most Likely Way to Inlarge the Business In the Present Manufactures.
- Chap. XII.: By Being the Cause of the Invention of Arts and Engines, of Order and Regularity In Our Manufactures, the East-india Trade, Without Abating the Wages of Labourers, Abates the Price of Manufactures.
- Chap. XIII.: The East-india Trade Is the Most Likely Way to Set On Foot New Manufactures For Imployment of the People.
- Chap. XIV.: The East-india Trade Does Not Abate the Rents, By the Exportation of Bullion, By the Diminution of Consumers, By the Abatement of Wages; the Importation of Indian Manufactures Is Less Likely to Abate Rents Than the Importation of the Unwro
- Chap. XV.: The Importation of Indian Manufactures Abates Only the Price of Labour, But Raises the Price of the Produce of the Estate.
- Chap. XVI.: And This Is Confirm’d By Examples.
- Chap. XVII.: The East-india Trade Does Not Abate the Rents of the Landholder By Destroying His Monopoly.
- Chap. XVIII.: The Fishing-trade Is Not So Profitable As the Importation of Irish Cattel, Or of Indian Manufactures; and Is More Likely Than Either to Abate the Rents of England.
- Chap. XIX.: The Herring-fishery Not Practicable In the Present Circumstances of England; the Dutch Can Sell Cheaper.
- Chap. XX.: The Way to Bring England to Be Contented With As Little Profit In the Fishing-trade As Holland.
- Chap. XXI.: That the Way to Enable England to Catch and Cure Their Herrings As Cheap As Holland, Is, First to Have Materials For That Trade As Cheap: and That This Is Most Likely to Be Done, By Discharging the Customs Upon Such Things, By Making the T
- Chap. XXII.: The Way to Make English Labour In the Fishing-trade As Cheap As That of Holland; That the People Here Must Cohabit As Close Together; and the Most Probable Methods For Effecting This, Are to Erect a Free-port, to Impower Parishes to Send
The several kinds of Forreign Trade, of trading with Home or Forreign Navigation, some general Application.
IT will be then proper to consider how a Forreign Trade may be driven to most Advantage for the increase of National Treasure, People, and Navigation.
A Forreign Trade may be driven by a Nation with Forreign Navigation, or with Home Navigation.
A Forreign Trade driven with Forreign Navigation, is when a Nation sells its Commodities at Home to such Forreigners as come thither to Buy and Export them.
This sort of Forreign-Trade may enrich a Nation with Treasure more or less, as the Commodities so sold are of greater or lesser quantity and value.
But it is very plain, that if the Natives had Exported the same Commodities to the same Forreigners in Shipping of their own, the same Commodities would have yielded a greater Rate in the Forreign Ports, because the Natives must have been also paid for the Carriage; which by so much would have increased the National Gain; wherefore it is more advantagious for a Nation to Export its own Commodities by Navigation of its own.
But it will not follow, that ’tis therefore necessary or fit to confine all Exportations to Home Navigation by Penal Laws, especially in England, as will be shewn.
Nor does it follow that a Nation which doth Export its own Commodities, shall be alwayes richer than another that sells at home; for the Commodities of one Nation sold at home may yield ten times more money at home than the Commodities exported by the other shall yield abroad, and therefore must make it ten times richer.
This may be verified in the Trade of France; whose Commodities sold at home to the Dutch, English, and others, for many years past, have brought vast quantities of money into France, perhaps more than all the Neighbour Nations have gotten by their exported Commodities, by which means, and no other, France is become the Terrour of the World, as I shall more particularly and fully shew.
A beneficial Forreign Trade, with home Navigation, may be said to be of two sorts.
The one consists in the meer Exportation of home Commodities into Forreign Nations where they may be vended, of which I have spoken before.
The other, in Trading and Huxtering from Port to Port.
The benefit of Trading or Huxtering from Port to Port consists in buying Commodities cheaper in one Forreign Port, and selling them dearer in some others; in which case the Nation Trading ordinarily gets more or less, in proportion, as the Merchants buy for less and sell for more, and as the Stock and Navigation imployed in this sort of Trade is more or less.
The Dutch being to buy much of their Victuals, Cloaths, and other necessaries from abroad, and having little Commodities of their own to Export, put themselves upon this Trading from Port to Port; which Trade they have improved to that degree, that they are become, as it were, the Common Carriers of the World, imploying near 30000 Trading-Vessels, (including those which belong to their Fishery.) In this way of Trade have this Industrious People yearly bought up vast quantities of French Manufactures and Commodities, and uttered them again for present profit in other parts of the World, not foreseeing those dangers they have been bringing upon themselves and all Europe.
The English have never attained to near so Universal Manufacture as the French, or so general a huxtering Trade as the Dutch; But yet until this last Age had a greater proportion of each then the Dutch or French; their Trade hath chiefly consisted in the Exportation of their own Commodities, and Manufactures made of their own home Materials; of which that of our Wooll being the Principal, was long thought and really still is, or might be, the greatest and richest in the World; This, with our exported Tin, Lead, Iron, Allome, Fish, and other valuable things, brought in a sufficient quantity of Forreign Commodities to serve our National Occasions, Pomp and Ornament, and left an Annual Increase of Imported Treasure, which in length of time had much enriched the Nation, though our neat Annual Gain by Forreign Trade did never bring in much above 250000l. or 300000 per annum increase of Treasure, one year with another (taking any number of 20 years together) as may be reasonably collected by what will follow; nor was that a Contemptible Gain (as the Trade of this part of the World formerly stood) since it had rendred this Kingdom as Rich and Happy at home, and as formidable abroad, as any in Europe.