England's improvements in two parts : in the former is discoursed how the kingdom of England may be improved ... : in the latter is discoursed how the navigation of England may be increased and the soveraignty of the British seas more secured to the crown of England ... / by Roger Coke.

Prop. 25. Theorem 24.

The free Exportation of Money with our Woollen and other Manufactures, may encrease a forrein Trade of them.

3 Ax. 2. For more business may be done by more means.

30 Pet. 1. But Money is a mean to encrease Trade.

49 Pet. 3. And the free Exportation of Money with our Woollen and other Manufactures, may cause more Money to be Exported with our Woollen and other Manufactures.

Therefore it may encrease the forrein Trade of them.

Annot.

I will never believe that any man or Nation ever well at∣tain their ends by forceable means, against the Nature and Order of things. Money is that by which all Commodi∣ties

are valued, and is of no other use: if therefore a man should give me 100 l. never to make use of it, I should scarce thank him for it. The most profitable use of money, is so to buy, as to sell to profit. So that in forrein Trade, the best use a Merchant can make of his Money, is, so to buy, as to sell a∣gain to profit: But if the Goods the Merchant thus buys be sold again in forrein Trade to profit, a double benefit hereby accrues to the Nation as well as Merchant. This appears in the East-Indie-Trade by our East-Indie-Company, where though the Company send great quantities of Treasure to the East-Indies, yet the returns of them, in the Trade to Spain, and other places, produce greater quantities of Trea∣sure. Though I can give but one instance hereof in our Trades, I believe Instances hereof might be given in all the Trades the Dutch drive in the World.

It may happen, that many places of the world stand in need of our Commodities, and some people of those places have Commodities to exchange for ours; others have Com∣modities which they will not exchange for ours, to the Mer∣chant's profit, but will sell for ready Money, so that the Merchant may make profit of them; and so a Merchant may fraught a ship so, as to make profitable returns: but in case the Merchant be prohibited the Exportation of Mo∣ney, this may hinder the forrein vent of all the Manufa∣ctures, which otherwise might finde a Market.

Coroll. 1.

By the same reason, the free Returns of Commo∣dities exchanged in forrein Trade for our Woollen and other Manufactures, may encrease the forrein Trade of our Woollen and other Manufactures.

50 Pet. 3. For returns of Commodities exchanged in for∣rein Trade for our Woollen and other Manufactures, is a mean to encrease a forrein Trade of them.

51 Pet. 3. And the returns of Forreign Commodities exchanged for our Woollen and other Manufactures, may be so much more, as the returns are more free.

Annot.

To the encrease of the forrein Trade of our Woollen Ma∣nufactures by this free return, which I understand to be by all ways whereby they may be as cheap imported into Eng∣land, as into Hamburg, or any of the Ports of the Ʋnited Netherlands; may be added another forrein Trade of these Commodities, and of the returns of those Commodities into the Ports of England, and of those again, and so infi∣nitely. The Dutch we see have no other Principles of Trade, but the Fishing Trade upon the Coasts of England and Scot∣land, to Groenland, and of late to Iseland and Westmony fishing; yet from these Principles, by their cheap Navi∣gation, and smalness of Duties imposed upon the re∣turns of their Fish and other Commodities imported, were enabled to manage a more considerable and profitable Trade in the World, than all the Princes and other States of the World could do.

Whereas all these Fishing trades (especially for those caught upon the Coasts of England and Scotland) might cheaper and more conveniently be managed from the Ports of Eng∣land, as shall be shewed: And we have the Principles of our own growths and Manufactures, and also of our Plan∣tations, to establish a forrein Trade upon; and ten times more and better Harbours than those of the Ʋnited Nether∣lands, to secure the returns of them, and establish another Trade into other forrein parts of the World, upon the ac∣count of them.