Englanders by aid of 1000 of our own Seamen that stay'd there on shoar in 1665. to avoid the Service against the Dutch, where in a following years expedition our damage was so much, that the Town of Dartmouth alone lost 8000 l. but of this more largely in my Salt Treatise.
Before I come to our Streights Trade, let us consider the Dutch advantages over us at home, did they Trade meerly not to export again, which are these:
1. Their Ships lying for the most part at or near their own Doors or Ware∣houses, they save Lighterage and Cartage.
2. They save Interest of Money, not paying Duties there 'till a Sale, whereas here we pay Customs upon entry.
3. Their 7 Provinces, Switzerland and Germany, spend more imported Goods than England can spend; these Countreys are furnished by Boats and Vessels, some of 40 Tuns, that go above 500 miles up the Rhine, as far as Franckfort, which is not now hard to do by aid of towing Engins in Boats. The late Lord Brereton affirmed, the French make way up the River Rhodanus, one of the most rapid hitherto known, by a new Invention, after the rate of 4 or 5 miles an hour.
4. Down these Rivers they are furnished with Rhenish Wines, and other German Commodities, in large flat-bottom'd Vessels built of great Timber, never intended to return, out of which they build their Doggers, Busses, and Fishery Vessels, at about half the Rate we can do the like in England.
5. Their Bank enables them to borrow Money, and to Trade with a dead Stock, that is, Goods there deposited: By aid of such Bank, they in former years furnished about 80 Sail of Trading Merchants Ships in the Streights of about 600 Tun, and 30 Guns each, with a Stock of ready Money to be let out at Bottomree; that is to say, the Money is lent to Jews, upon taking in a Cargo of Goods at one Port, at the rate of 10 per cent. for Interest and freight, less or more, according to agreement, the Owners to run all hazards whatsoever of Shipwrack, Pirates, &c. and when the Ship arrives at the Port whereto she is bound, the Money is received on board before the Goods are delivered on shoar: In the mean while the Owners ensure at a moderate rate at home, by this means sending out their Ships with East-India, and Nor∣thern Commodities of Russia, the Sound, &c. they keep them in long Employ∣ment abroad. I have seen 40 of these kind of Ships at once employed as Men of War in the Venetian Fleet, when the English have not had above two or three; neither have we the like way of employing our Ships abroad, or little practice it.
6. The Dutch Trade, as Carriers, to supply all Foreign Markets with all sorts of Commodities, the English Trade chiefly to export their own Goods, and furnish Returns for their own Expence: And this comes to pass by reason we pay Customs, or a Duty, when we import Goods, and they Excise, that is a Duty not paid 'till the Goods are sold for Expence. The Disparity is so great, that it hath been the prime cause of the greatness of the Dutch Trade, Wealth, and Power at Sea.
In 1641. Mr. Lewes Roberts represented to the Long Parliament, in his Book called The Treasure of Traffick, two Examples thereof, to wit, suppose