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The fourth Obiection. It is generally obserued, that his Maiesties Mint hath had but little imployment euer since the East India Trade began; wherefore it is manifest, that the onely remedy for this, and so many euils besides, is to put downe this Trade: For what other remedie can there be for the good of the Common-wealth?
THis fourth obiection may be deuided into three parts: First, An euill declared: Secondly, A re∣medie propounded:* 1.1 Thirdly, And counsell demanded.
And first concerning the Euill or want of Siluer, I thinke it hath been, and is a generall disease of all Nations, and so will continue vntill the end of the world; for poore and rich complaine, they neuer haue enough: but it seemeth the maladie is growne mortall here with vs, and therefore it cries out for remedy. Well, I hope it is but imagination maketh vs sicke, when all our parts be sound and strong: For who know∣eth not the inestimable treasure of this Kingdome, in Plate possessed by the people thereof almost of all de∣grees; in such measure, as neuer hath been seene in former ages? And for his Maiesties Mint, it is well knowne, that there hath been coyned in fiue yeares together since the East India Company began, six thou∣sand [ 20] two hundred fourteene pound waight of Gold, and three hundred eleuen thousand three hundred fourescore and foure pound weight of sterling Money; all which Gold and Siluer doe amount vnto the summe of twelue hundred thirteene thousand eight hundred fiftie pounds of sterling Money: How then doth this Trade turne the currant and imployment of the Mint?
But vpon the sight of this truth, perhaps it will be said, That we must resort vnto the present times (the Mint being idle now.) To which I answere, That likewise the Mint had little or no imployment for coy∣nage of Siluer in former times, when the said Company did not export aboue fifteene or twentie thousand pounds sterling at the most per annum; no, nor yet in the yeares 1608, and 1612; when in the former they shipped out but sixe thousand pound, and in the latter but one thousand two hundred and fifty pounds sterling. So that both wayes we see, that the Mint hath had very great imployment fiue yeares together, [ 30] sithence the East India Trade began; and also it hath been without imployment diuers yeares, when the East India Company haue sent away but verie small summes of money; wherefore of necessitie there must bee some other causes and meanes whereby our Siluer is not exported onely, but also it is not imported into the Realme as in former times. For wee haue not had the meanes by our owne plenty, nor by the scarsitie of our Neighbours (for the space of the last foureteene yeares together) to send out hundreds of Ships laden with Corne, as in times past, which was returned home in Siluer; but rather of late yeares (as is much to be feared) a great quantitie of our money hath been carried out of the Kingdome for that Corne, which hath been brought vs from the East Countries, and other places, to sup∣ply our wants. Thus times doth change, and our fortunes change with them: neither list I to make this matter plainer, by setting downe those meanes, which heretofore brought vs store of money, euen out of [ 40] France, and other places, which now are ceased. But without any further medling in the Mint, I will come to the remedie which some propound, by putting downe the East India Company.
But here our comfort is, that the Obiectors are not our Iudges, whose wisdome and integritie labouring for the honour of his Maiestie, and the good of his Kingdome, will soone perceiue the mischiefes of this sup∣p••sed remedie. And that the pretended euill which many with malice chase, is that great good, which other Nations seeke by policie and strength to keepe, and likewise to obtaine; in which pro∣ceedings, it concerneth vs especially to obserue the diligences and practises of the Dutch, who with more gladnesse would vndertake the whole Trade to the East Indies, then with any reason wee can abandon that part thereof, which we now enioy; neither can our restraint from the Indies keepe our Siluer from thence, as long as the Dutch goe thither: for we know, that deuices want not to furnish such designes; and [ 50] when their Ships returne from India, shall not our Siluer out againe to helpe to pay a double price, or what they please, for all those wares which we shall want for our necessities?
Thus should the Dutch increase their honour, wealth and strength, whilest we abate, grow poore and weake at Sea for want of Trade: And call you this a Remedie? no, rather tearme it Ruine, Destructi∣on, or what you list. And so I come vnto the conclusion or last part.
And here I must confesse my self aground, for this matter is much too high for my handling besides, my excuse is faire, hauing alreadie done my taske to cleare the East India Trade from imputation; the which for want of learning, although I haue performed, without varietie of words or eloquence: yet it is done with all integritie of truth, in euery particular, as I shall be ready to make proofe vpon all occasions, which may be offered. And yet before I make an end, although I cannot satisfie euery mans desire, in such mea∣sure [ 60] as is necessarie: yet I thinke it not amisse to performe the same so farre, as I am able by common practice, and my obseruations in the Trade of Merchandize, which is my profession.
And first therefore, all men doe know, that the riches or sufficiencie of euery Kingdome, State, or Com∣mon-wealth, consisteth in the possession of those things, which are needfull for a ciuill life. This sufficiency