An Abridgement of the speciall Inconueniences to this Realme of England, handled in the foresayd tenth Chapter.
FIrst, that from transporting of the Store, and translating of the Staples (sometimes held at Callice and other good Townes in England) to priuat Mart-Townes in Forraine Countries, hath proceeded the principall occasion of the ruine and decay of most of the Ports, Hauens, Townes, and Citties of this Realme, & the ouerthrow of sundry Artificers and Trades dwelling within them, most necessary to haue beene main∣tained for the generall good of the Common-Wealth, and speciall reliefe of the poore.
Secondly, That Merchants by the Vnderpricing of the coyne of this Realme in there Merchandising Exchange, at their priuat Mart-Townes, haue beene the impediment, that neither the Queenes Maiestie, nor her Predecessors, could bring to effect the thing which they went about, by reforming and re∣fining the drossy and lothsome coyne, and Money currant in Page 32the Realme.
Thirdly, the sayd Merchants, by the practising of their Mer∣chandising Exchange, were the originall cause why all manner of wares, Merchandizes, and commodities, as well of the Realme of England, as of all other forraine Realmes, rise to huge, im∣moderate, and excessiue prices.
Fourthly, that all the excellent and necessary commodities of England, bee vnprofitably exported and transported into forraine Countries at this day, forsomuch as by the occasion of their Merchandising Exchange, they bee better cheape solde abroade, then they cost in England; to the great disorder, and hinderance of the Common-Wealth.
Fiftly, the Queenes Maiestie is greatly defrauded by the sayd Exchange, when her Maiesties affaires doe constraine her to prouide Money by that meanes at the foresayd Merchants hands, (contrary to the truth and valution of her owne coyne) and so likewise be her Ambassadors, sent in her Maiesties af∣faires and messages into any forraine Realme, when soeuer they haue neede to prouide Money by the sayd Exchange.
Sixtly, by the practising of the sayd Exchange, all manner of Gold and Siluer is continually conuaied, carried, and trans∣ported out of the Realme, and is the let and impediment, why neither Bullyon of Gold or Siluer, is so liberally and freely brought into the same as in times past it hath beene.
Seauenthly & lastly, the sayd Exchange causeth, through the vile, base, and vntrue valuation the foresayd Merchants keepe the English pound at in their foresayd Exchange, being so farre vnder the price it ought to haue; that these immoderate and excessiue prices, which they haue brought all things to be sold at in England, cannot be diminished, brought downe, or mitti∣gated, to moderate, reasonable, and indefferent prices.
