A discourse concerning the East-India-trade. A discourse concerning the East-India-trade, shewing how it is unprofitable to the kindome of England. Being taken out of an essay on trade; written by Mr. John Cary, merchant in Bristol, in the year 1695. To which are added some observations of Sir Jos. Child and of the author of the Essay on ways and means relating to trade. And also, a copy of the French King's decree, concerning printed callicoes.

Some Observations of the Author of the Essay on Ways and Means, relating to the East-India Trade.

'TIS evident that our Woollen Goods, are sold in seve∣ral Countries, namely, Holland, Hamburgh, Germany, the Hans Towns, and all the East Countries; many of which Places will not be able to take off our Woollen Goods, un∣less we deal for their Linnens. And in Fact, and by Expe∣rience, it has been seen in the Case of the East-India Trade, since there has been Imported from thence vast quantities of Linnens, such as Callicoes, Muslins, Romals for Handker∣chiefs, which answered the ends of Lawns, Cambricks, and other Linnen Cloth, we have hot Exported that vast quan∣tity of Draperies to those Northern Parts, of which Sir Wal∣ter Rawleigh makes mention. As our Call for their Linnens has diminished, their Call for our Draperies has proportio∣nably decreased; and not only so, but these People have been compelled by Necessity to fall upon making course Woollen Cloth, by which they supply themselves and other Places, which heretofore we were wont to furnishi. Taken out of the Essay upon the probable Methods of making a People Gainers in the Balance of Trade, page 128.